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Old 09-22-2011, 02:47 AM   #17

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Re: Connection Speed

A few other things people forget:

1. Latency is a double edged sword. Your latency is the delay for a quote to get from the broker to your platform, whereas the price may have moved during that travel time (first edge). Then there is the time to transmit your order (second edge).

2. What is the latency during your peak trading hours. If you are on a shared retail connection like cable, there are times of peak usage when latency can get much larger. How frustrating is that.

3. How often does it go down during the day, and for how long. Often more than you think. Imagine trying to exit a position and your internet goes down. Ugh.

CJForex
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Old 09-22-2011, 08:20 AM   #18

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Re: Connection Speed

Quote:
Originally Posted by cjforex »
A few other things people forget:

...

3. How often does it go down during the day, and for how long. Often more than you think. Imagine trying to exit a position and your internet goes down. Ugh.

CJForex
Hi,

If someone is counting how many times their internet connection goes down per day...something is seriously wrong with their computer system or ISP. More importantly, they shouldn't be trading until the issues get resolved.

As for myself, I have connection problems while trading about once per month that may last 1 - 2 minutes. To me, that's acceptable.

In addition, I will go as far to say that if someone is considering trading for a living, they should do an in-depth research into the best places to live in their surrounding area (city, state or country) that has the best internet connections. Simply, if someone wants to trade for a living and they discover they live in an area where there are too many consistent problems due to the fault of the ISP...you need to move.
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Old 09-22-2011, 11:56 AM   #19

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Re: Connection Speed

You need to download a tool and test it systematically. I sit on my home internet all the time and rarely notice it going down.

Install a free tool like ServersAlive and have it ping every 5 seconds out, save log, and log up and down.

Then you will see exactly how many times per day it goes out. You can leave the tool running and measure a solid week.

You might be surprised how many times it goes up and down without you even noticing. There is no such thing as a "better" retail internet feed.

Before I began trading remotely, I had three internet connections, Cable (cheap for speed and main connection), DSL (expensive, so as a backup, buy the cheapest tier), and my cellular as worst case scenario.

Cable especially has latency issues during different times of day.

So measure, know, and never be surprised.

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Old 05-14-2012, 05:51 AM   #20

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Re: Connection Speed

Internet speed doesn't really matter a Trader. But below average speed would definitely affect a trader by a partial margin. so it is always better to maintain a speed up to average. Here is my speed result,
Download: 0.202 Mbps
Upload: 0.642 Mbps.
I got the speed test result from for free.
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