Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jpennybags

Satellite Internet Access and Trading

Recommended Posts

There is a lake side property that I am considering purchasing. The lake is about 40 miles out from the city and my current residence. There is no cable access. Ideally, I would like to make the place my full time residence and sell my house in the city. I have a couple of options: rent office space (20 miles from the lake), and commute… or satellite internet access. I'm curious if anyone has tried satellite internet for trading and how well it worked.

 

Thanks.

Share this post


Link to post
Share on other sites
There is a lake side property that I am considering purchasing. The lake is about 40 miles out from the city and my current residence. There is no cable access. Ideally, I would like to make the place my full time residence and sell my house in the city. I have a couple of options: rent office space (20 miles from the lake), and commute… or satellite internet access. I'm curious if anyone has tried satellite internet for trading and how well it worked.

 

Thanks.

I travel around alot. I use an ipad setup with verizon as a hotspot for my laptop that has my trading platform on it. As long as i get a somewhat decent signal from verizon the speed is acceptable for trading.... for my purposes anyway.

 

I also have satellite in rural USA at a property i spend more time at. There i use hughes net generation 4. Much of the time it is acceptable but has its moments of "slowness" i.e. delayed executions on the trading platform.

 

I suppose it depends on your platform too and perhaps the type of trading you do. I actually prefer using the ipad as hotspot over gen4 IF i get a decent signal with verizon in the area i am in. If there is a decent signal it can actually be faster and less delay than a satellite service such as hughes net. At least in my case. When you buy an ipad you can have them set it up for verizon or for at&t. But check out the area you plan to locate at and see who has better coverage...at&t or verizon.

 

When traveling out of the country such as in Central America...i just pop out the verizon chip out of the ipad buy a local internet cell chip put some time on it and viola my ipad becomes a hotspot for my laptop for trading purposes.

Edited by Patuca

Share this post


Link to post
Share on other sites

I have satellite on my boat ( mounted on a gyroscope to compensate for pitch and yaw), and at a rural home. Both work well except during very heavy rain, or if the dish gets covered with snow.

 

P.S. Congrats on getting out of the city.

Edited by Mysticforex

Share this post


Link to post
Share on other sites
I have satellite on my boat ( mounted on a gyroscope to compensate for pitch and yaw), and at a rural home. Both work well except during very heavy rain, or if the dish gets covered with snow.

 

P.S. Congrats on getting out of the city.

 

Is there any way to monitor the speed and quality of data transmission? I suppose that there may be software available that runs in the background that would ping a server site every few seconds to monitor data transmission.

Share this post


Link to post
Share on other sites

I have had my moto for years but am now getting too old to hold up an 800 pound moto with all the luggage on board and the misses ....plus pulling an 11 ft camper. This was close to a ton hurtling down the highway once all the gear is included. My knees are going out on me......so unfortunately i have decided to spring for a 40 foot diesel pusher motorhome with a tow veh behind it.....it is really sad..i will miss my moto...so many adventures and fun on it...life was so mobile...carefree...enjoyable...simple...

 

The motorhome has satellite but i havent used it yet. But i guess i can still use my ipad as a hotspot. MH has three slideouts so plenty of room.

 

Why do we have to get old? Things were better when younger.....now i gotta get all this stuff to survive and complicate my life.....guess i need to try and enjoy it as much as i can...

 

Gonna miss that moto......

Share this post


Link to post
Share on other sites
Mystic... do you ever trade from your boat? I gave that some thought... that would be "James Bond" kind of cool. Imagine a yacht cruising the coastline... sunshine, fresh sea air.

 

 

Only when tied to a dock, this way I had the marina wi fi as backup.

I traded down to a 36 ft trawler from a 42 ft Sail. There was a fellow a few slips down at the end of the dock. He had a 110 ft. Motor yacht. In the parking lot he and his wife had "His and Her" Aston Martin DB9s. He told me he made all his money trading coffee. ( your mention of James Bond reminded me of the cars :cool: ).

 

BTW. You may want to consider a backup generator. I don't know about Kansas, but here in Upstate NY it snows a lot which means a lot of power outages.

Share this post


Link to post
Share on other sites
I have had my moto for years but am now getting too old to hold up an 800 pound moto with all the luggage on board and the misses ....plus pulling an 11 ft camper. This was close to a ton hurtling down the highway once all the gear is included. My knees are going out on me......so unfortunately i have decided to spring for a 40 foot diesel pusher motorhome with a tow veh behind it.....it is really sad..i will miss my moto...so many adventures and fun on it...life was so mobile...carefree...enjoyable...simple...

 

The motorhome has satellite but i havent used it yet. But i guess i can still use my ipad as a hotspot. MH has three slideouts so plenty of room.

 

Why do we have to get old? Things were better when younger.....now i gotta get all this stuff to survive and complicate my life.....guess i need to try and enjoy it as much as i can...

 

Gonna miss that moto......

 

Ha ha, yeah I know. My 865cc Triumph is getting heavier and heavier.

My wife and I fantasize about doing the Land Yacht thing. When we were younger, several years in a row we would rent a small motor home and drive up to Watkins Glen for the F1 races. It was a blast.

Share this post


Link to post
Share on other sites
Only when tied to a dock, this way I had the marina wi fi as backup.

I traded down to a 36 ft trawler from a 42 ft Sail. There was a fellow a few slips down at the end of the dock. He had a 110 ft. Motor yacht. In the parking lot he and his wife had "His and Her" Aston Martin DB9s. He told me he made all his money trading coffee. ( your mention of James Bond reminded me of the cars :cool: ).

 

BTW. You may want to consider a backup generator. I don't know about Kansas, but here in Upstate NY it snows a lot which means a lot of power outages.

 

A backup generator is standard issue for anyone living outside the metro areas. In Kansas we don't have our own weather... we get other people's weather. For a month during the summer it's too damn hot, and for a month during the winter it's too damn cold. You can expect a bit of everything. Tornados, microbursts, freezing rain, drifting snow, blistering hot asphalt melting heat. Sunsets, sunrises, and a gentle and subtle beauty balances the scales... it's home for me.

 

I would have to get much larger to afford the yacht and the life at sea... dare to dream. I suppose that once you've reached that place... internet connections are of little concern. It would be cool.

Share this post


Link to post
Share on other sites

"I suppose that once you've reached that place... internet connections are of little concern. It would be cool."

 

Yeah, now I worry about Huricanes. Mystic CT is at Sea Level. On the road into to the marina there are Evacuation Route signs. All the arrows point in the opposite direction.

We are about 2.5 miles up the Mystic River, about 7 miles from the open Atlantic. I can't believe we survived "Sandy". Oh well, I guess that's why God created Insurance :)

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • CVNA Carvana stock, nice top of range breakout at https://stockconsultant.com/?CVNA
    • GDRX GoodRx stock, good day, watch for a bottom range breakout at https://stockconsultant.com/?GDRX
    • Date: 14th February 2025.   Can The NASDAQ Maintain Momentum at Key Resistance Level?     The price of the NASDAQ throughout the week rose more than 3.00% to bring the price back up to the instrument’s resistance level. However, while taking into consideration higher inflation, tariffs and the resistance level, could the index maintain momentum?   US Inflation Rises For a 4th Consecutive Month The US Consumer Price Index, or inflation, rose for a 4th consecutive month taking the rate even further away from the Federal Reserve’s target. Analysts were expecting the US inflation rate to remain unchanged at 2.9%. However, consumer inflation rose to 3.00%, the highest since July 2024, while Producer inflation rose to 3.5%. Higher inflation traditionally triggers lower sentiment towards the stock market as investors' risk appetite falls and they prefer the US Dollar. However, on this occasion bullish volatility rose. For this reason, some traders may be considering if the price is overbought in the short term.   Addressing these statistics, US Federal Reserve Chair Jerome Powell acknowledged that the Fed has yet to achieve its goal of curbing inflation, adding further hawkish signals regarding the monetary policy. Other members of the FOMC also share this view. Today, Raphael Bostic, President of the Federal Reserve Bank of Atlanta, stated that the Fed is unlikely to implement interest rate cuts in the near future. This is due to ongoing economic uncertainty following the introduction of trade tariffs on imported goods and other policies from the Republican-led White House.   Most of the Federal Open Market Committee emphasizes additional time is needed to fully assess the situation. According to the Chicago Exchange FedWatch Tool, interest rate cuts may not start until September 2025.   What’s Driving The NASDAQ Higher? Earnings data this week has continued to support the NASDAQ. Early this morning Airbnb made public their quarterly earnings report whereby they beat both earnings per share and revenue expectations. The Earnings Per Share read 25% higher than expectations and Revenue was more than 2% higher. As a result, the stock rose more than 14%. Another company this week that made public positive earnings data is Cisco which rose by more than 2% on Thursday. Another positive factor continues to be the positive employment data. Even though the positive employment data can push back interest rate cuts, the stability in the short term continues to serve the interests of higher consumer demand. The US Unemployment Rate fell to 4.00% the lowest in 8 months. Lastly, investors are also increasing their exposure to the index due to sellers not being able to maintain control or momentum. Some economists also increase their confidence in economic growth if Trump can obtain a positive outcome from the Ukraine-Russia negotiations.   However, during Friday’s pre-US session trading, 80% of the most influential stocks are witnessing a decline. The NASDAQ itself is trading more or less unchanged. Therefore, the question again arises as to whether the NASDAQ can maintain momentum above this area.   NASDAQ - News and Technical analysis In terms of technical analysis, the NASDAQ is largely witnessing mainly bullish indications on the 2-hour chart. However, the main concern for traders is the resistance level at $21,960. On the 5-minute timeframe, the price is mainly experiencing bearish signals as the price moves below the 200-period simple moving average.   The VIX, which is largely used as a risk indicator, is currently trading 0.75% higher which indicates a lower risk appetite. In addition to this, bond yields trade 6 points higher. If both the VIX and Bond yields rise further, further pressure may be witnessed for index traders.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • LUNR Intuitive Machines stock watch, attempting to move higher off 18.64 support, target 26 area at https://stockconsultant.com/?LUNR
    • CNXC Concentrix stock watch, pullback to 47.16 triple support area with bullish indicators at https://stockconsultant.com/?CNXC
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.