Are you referring to the business line Winston mentioned earlier? If I were to get a direct business line from Fios, would this provide me with a backup? Or would it still be the same because they are both from verizon? Thanks for your help again.
the other posters answered most of your questions, but to simplify... your U/D is a function of bandwidth(how many hiway lanes on that road)... latency is a function of distance, and network congestion... as an example... from my house to NY4... I am 25ms... from my server colo in NJ to NY4 I am 1ms... 80/40 is plenty and 7ms is pretty good for most normal trading... also, most "business" products from the Telco (unless true dedicated lines) are just QoS on the regular network that is shared with the consumer segment... and lastly, if trading with IB, just use mobileTWS as you suggest... get an ipad with cellular service and you are all set... don't go nuts with anything else IMO...
I inquired with verizon today, it is basically the exact same network/service for the business line except with special "attention" So in short, useless. I am trading with Takion Platform.
if I was co-located, it would be sub-0ms... normal trading is anything that is not executing black box collocated.
That brings up a thought. How exactly do you go about acquiring a colo to reduce latency? Similar to what you stated comparing from your house to NY4 than comparing your colo server to NY4? Also how much does this run you? Obviously not nearly as much as co-locating within a data center, but I'm sure it's not cheap. Feel free to private message me pricing details. Would I benefit from reducing my latency down to 1ms compared to what I am at now. Not sure what my latency to NY4 is, how could I ping it? Okay so anything short of something similar to true HFT algo trading? Or does that include people who run algorithmic trading from their own homes? Thanks for the info!
I'll refer you to your own initial statement... also, WinstonTJ has written a lot of posts about the subject... but to make it simple, you dont need if you are a click trader... and by that I mean co-lo @ the exchange... you can be closer to your Quote/OMS servers from your provider if that is what you desire and that will be rather inexpensive at a few hundred per month... but that will all vary depending on the server you lease.. keep in mind that your eye/hand coordination will respond in sec... never in ms... I use CyborgTrader for that very reason, it can trade faster than I can via API... after all, is not like the GUI for any trading program shows you all the data during fast markets... if they do, they tend to lag big time as the program cant keep up... anyhow, you are worrying about nothing... your latency and bandwidth are both more than adequate for what you are doing, even if high volume high frequency... dont over think it... technology is a tool... and while it can provide you with an edge, that comes down to the trading strategy... bare in mind that I assume you are a click trader and not a graybox or blackbox trader... and since you mentioned takion, I am making an educated guess .....
Yes I don't use any type of programmable trading programs/code right now. I agree 100%, trading strategy is the more important aspect. If you have all the tech without the strat you won't go very far. My issue, and the way I look at it, is if I can get all of the simple/cheap tech edges I can, the rest is up to me. I want tech to hold me back the least it can, leaving the focus on my skills/strategy. Does that make sense?
My suggestions above were directed towards most retail "click" traders. A UPS is a simple device, basically a power strip with an integrated battery, nothing complicated at all. It is a simple retail solution. Plug it into the wall, plug your devices into it. newegg, amazon, etc... http://bit.ly/1lr17TH ADSL isn't anything special, it basically uses existing phone lines for data transmission. if you have FiO [fiber optics] you are lucky and ahead of the game. http://en.wikipedia.org/wiki/Asymmetric_digital_subscriber_line http://en.wikipedia.org/wiki/Fiber-optic_communication Using your phone providers 3G/4G as a tethered "hotspot" is fine. http://en.wikipedia.org/wiki/4G I merely mentioned 3G/4G usb sticks as an alternate option. I used them in the past. [retrospectively, I probably shouldn't have mentioned it, now that most all phone plans offer tethering.] The key is to KISS, and not over think it. As ofthomas pointed out, if you are a retail "click" trader, latency becomes less of an issue and your current feed should be more than sufficient.
I am looking to purchase this UPS today. Seems like its a quality piece and has fantastic reviews. http://www.cyberpowersystems.com/products/ups-systems/pfc-sinewave-series/CP1500PFCLCD.html I will be connecting my Desktop, router, modem, and two screens.