You only need 1 good trade per year.
Pro's and con's of using a wifi connection to trade?
- Thread starter wartrace
- Start date
You only need 1 good trade per year.
What's your timeframe?
- If you're in seconds, or below, you'll want a hardwired connection.
- If you're trading bonds MoM, doesn't matter; you could probably use the Postal Service.
My time frame is short term as in 5 minutes and under. I always use a stop and targets I live in a rural area 300 yards from the road and only one neighbor within wifi range. I use ninjatrader and they recently added a phone trading app I could use to get out of a trade if the computer goes down.
BTW- I can't believe (but very pleased) that they installed fiber on my road. There are only 10 houses on the 3 mile stretch of road.
BTW- I can't believe (but very pleased) that they installed fiber on my road. There are only 10 houses on the 3 mile stretch of road.
I wouldn’t trust it. I want my own hardwired connection to trade.
Shit man peeps pay hundreds of thousands to be in a cage to have hookups and ur using community wifi? Invest in a landline.
I have fiber direct to my home. I am considering using the wifi that is included with my direct-to-home fiber; not "community wifi".
…ooh I thought you meant the general WiFi from your ISP.
You should be ok trading in 5-minute time ranges (which is not that fast in today’s world). If you were scalping or running algos in milliseconds I’d say no.
Lol do you fly in cardboard airplanes? Mine is a 40 ft Diesel Pusher. Kinda like a small home on wheels lol. I prefer sleeping in my own bed.
It's not just the password cracking part. You can force anyone off wi-fi fairly easily and then there are more sophisticated things like DHCP attacks. Anyone nearby could be doing it.
Even without security issues, you have a more unstable connection and worse latency on wifi.
A wired connection is simply better in all aspects except ease of installation.
This conversation is reaching absurd levels. If you don't know whether you need a wired connection or not then you don't need one... it's really that simple.
If you're an algo trader who has collected reams of data and your algo is based on millisecond differences in latency, well then... there you go. Stick to using the wire.
Security is largely a different consideration. You can just as easily put your password on a post-it as you can incorrectly configure your wireless router.
If you're an algo trader who has collected reams of data and your algo is based on millisecond differences in latency, well then... there you go. Stick to using the wire.
Security is largely a different consideration. You can just as easily put your password on a post-it as you can incorrectly configure your wireless router.
Agree but ease of installation? Maybe some experience trouble initially. Home I moved into 10 years ago was already wired for Comcast so I just plugged and played after get my own modem/router permissioned. Now community is switching over to Hotwire past month or so, I'll see how that goes.