Those who read the thread regularly know that I have whined and complained about work getting in the way of my trading (mostly because I travel alot). Well, no more [okay..., I'll probably still whine and complain, but I can no longer blame the lack of availability of internet service
].
I just signed up with Sprint Mobile Broadband and I can now run the ToS platform on my laptop using wireless internet almost as fast as when using cable modem. The current deal they have is $59.95 a month for unlimited use. You have to pay for the PC card, but you get a rebate that covers the entire cost of the card. Although you are signing up for 2 years, there's a thirty day trial period. So if it doesn't work for you, you can return the modem and stop service with no early termination fees. Service is available in all major metropolitan areas (don't know about those of you who live near the Rockies). This deal does not require a voice plan from Sprint.
The main reason I got this service is because of the losses I took recently. In October, I was forced to offset a position on a Friday because I was going to be traveling extensively the next week with no easily available internet connection. If I had had the wireless internet service I would have held on (since I was not quite in my adjustment range even though the market was moving up fast) until Monday at which time I could have gotten out for less or held on longer. A similar thing happened to me in May (although I only lost a little bit).
The point is that wireless internet would have saved me many times the monthly cost of the service. However, I still would have lost in October, just less.
Just some information for those who are in the same situation (I remember reading about somebody who ran home to close his positions in October).
The speed is really quite impressive for a wireless internet service (file download speed is also very good, but upload speed is about 8 times slower).
].I just signed up with Sprint Mobile Broadband and I can now run the ToS platform on my laptop using wireless internet almost as fast as when using cable modem. The current deal they have is $59.95 a month for unlimited use. You have to pay for the PC card, but you get a rebate that covers the entire cost of the card. Although you are signing up for 2 years, there's a thirty day trial period. So if it doesn't work for you, you can return the modem and stop service with no early termination fees. Service is available in all major metropolitan areas (don't know about those of you who live near the Rockies). This deal does not require a voice plan from Sprint.
The main reason I got this service is because of the losses I took recently. In October, I was forced to offset a position on a Friday because I was going to be traveling extensively the next week with no easily available internet connection. If I had had the wireless internet service I would have held on (since I was not quite in my adjustment range even though the market was moving up fast) until Monday at which time I could have gotten out for less or held on longer. A similar thing happened to me in May (although I only lost a little bit).
The point is that wireless internet would have saved me many times the monthly cost of the service. However, I still would have lost in October, just less.
Just some information for those who are in the same situation (I remember reading about somebody who ran home to close his positions in October).
The speed is really quite impressive for a wireless internet service (file download speed is also very good, but upload speed is about 8 times slower).
