Cabin has no cable. AT&T Uverse only offers the lowest speed available. This only leaves satellite. Anybody have knowledge in this type of situation?
Who trades on satellite? Is the lag too bad?
- Thread starter wilburbear
- Start date
Getting satellite setup is cheap these days. Just get it and try it out and trade via a small size to test it. Anyways, too slow for day trading and scalping but ok for anything else (e.g. swing trading, investing and so on).
Location and provider is everything. Simply, it greatly depends on where you're located and whom you're using.
Latency is not carrier-dependent and is a bit over 600ms. Compare that with terrestrial BB and it is significant. I would absolutely choose ANY terrestrial BB over satellite. The ping to my broker(s) is ~ 11-15ms. Even AT&T's slowest fiber is better than satellite for trading. TV, who cares?
What speed is "the lowest speed available"?
Ping time matters more than download speed for trading.
AT&T Uverse is a far better choice than satellite.
I've run IB's TWS over dialup. Updating 50 symbols doesn't use much bandwidth.
I use Dish satellite service, attached is the upload / download stream speeds. The only time service is interrupted would be heavy rains or electrical storms.
I work with CL using automated -5 cent initial stops at the time of entry fill, seeking +20 cent to 50+ cents gains on the performing side. Many/most of those orders are prestaged outside of key S/R zones so a slight delay isn't an issue for me.
No trade entries going into major news events so wild whipsaws are avoided at known times. I don't scalp tiny gains and I don't trade into news, fwiw.
At times when I run out of bandwidth limits before end of month, can purchase any amount of additional at $10 per 1gig extra.
Given a choice I'd have cable service I-net but not available right here. We do have super-speed fiber optic network buried right thru our front yard, but that's not active until at least sometime next year. For now, dish service functions acceptably well.
I work with CL using automated -5 cent initial stops at the time of entry fill, seeking +20 cent to 50+ cents gains on the performing side. Many/most of those orders are prestaged outside of key S/R zones so a slight delay isn't an issue for me.
No trade entries going into major news events so wild whipsaws are avoided at known times. I don't scalp tiny gains and I don't trade into news, fwiw.
At times when I run out of bandwidth limits before end of month, can purchase any amount of additional at $10 per 1gig extra.
Given a choice I'd have cable service I-net but not available right here. We do have super-speed fiber optic network buried right thru our front yard, but that's not active until at least sometime next year. For now, dish service functions acceptably well.
Scaleout.Scalper
Guest
You can trade using a connection with bad latency, just dont go doing it using 1min bars.
Don't listen to stupid advice like "just try it with small size", you can not day trade with satellite.....