They say that one of the best things about being a trader is that you can do it (trading, I mean) any time, any place in the world. I don't know about you guys, but I have to work most of the time, and my holidays are scheduled around the stock market.
So my question is: If I used a satelitte modem could I be setting up position plays on a beach in Bali instead of strapped behind a desk?
What sort of costs / problems are associated with getting a satellite connection?
It depends on you trading style.
If you position trade, just put on your trades with your signals, set your stops and head off to the beach. However, you can't exit when the market turns cutting your loss smaller.
If you daytrade, you don't want to be trading at the beach off a small laptop monitor competing against someone with a 4 monitor setup and T1 line direct to the exchanges.
Take a day off the market once in a while to relax.