which kind of internet access for trading.

[beaumontnz]

Hi there,

I used to have hardwired broadband access via the phone line for end of day trading,
and am wondering if there are any traders out there operating on a mobile dongle.
I will not be trading live markets (yet - I imagine you would not have the speed required for live streaming with a dongle),but just looking at charts and trading platforms.

As they say,you only need a computer and internet access to trade any where in the world,but will a dongle get you there? (as you can't take the phone line with you!)

 

[everyonerich]

scalper shouldnt use dongle. everything else is fine except dial-up

 

[NetTecture]

EOD would work with pretty much everything.

Dongles can have tremendous speed these days for mobile - 3g where I am has 7.2megabit download speed.

That being said, latency (time for a signal to round trip) sucks compared to landbased (DSL, cable), so as everyonerich said, extreme short term trades are possibly not possible - scalping is out in a very short interval

 

[DionysusToast]

If you are placing OSO orders with your exit orders defined and you are swing trading, then any type of connection will be fine.

 

[wibble1234]

ADSL is best for normal trading, but it is very handy to have a dongle as backup in case your ISP goes down at an inconvenient time. (if your ISP goes down you can bet it will be at a *very* inconvenient time!)