Wow... He's only asking if one can trade on a Cruise ship via Satellite 5mbps and if anyone has done such. That can only be answer when he either calls the tech department of his trade execution platform to ask about the minimum requirements for the internet connection or he tries it himself. Everything else is by a bunch of people looking for an argument including those pouring gasoline on a ridiculous fire. I saw the exact same debates when someone ask if he/she can trade from a park, library, RV, public WiFi spot and so on. Answer - Yes you can trade as such if the internet connection meets the minimum requirements stated by the trade execution platform but make sure you have your broker on speed dial in you cell phone if something goes wrong. wrbtrader
You're more than welcome. I am glad you like the comments. I understand what you mean. Everyone trading journey is different, especially the time commitment. I work full time job as well, and can only trade for a 1-2 hours a day. So I understand what you mean. Watch your risk and journal your trades. You will be fine.
So the two people you know place over $25,000 into an account, start daytrading and within weeks become successful traders. Yep. And I'm sure they showed you their portfolio and gains since day 1......just love these stories.
I can't believe people enter into a market that literally the world has never seen in their lifetimes, and they think markets only go one single way....we have never witenessed these types of gains and market moves in the history of this market..especially going off the back of the biggest crisis the world has ever seen. These market moves make absolutely no sense and its only because the federal reserve. Every new trader into this market only believes markets go one way, UP. M2 money supply and liquidity is creating inflation and asset bubbles but no one will realize this until it once again collapses.
Trading platforms don't require a lot of bandwidth, 5 mbps will be perfectly fine. If the ping is 300 ms as you mentioned, you will notice some slippage, depending on the market you are trading. But other than that you will be fine.
S2007S, Yes, that is correct. They showed me their account. Some people just start making money early in the game man. Everyone story is different.
Are you retarded or something? Can't you read English? I see that you are trying very hard to ignore my comments, but I said couple of times here: I'm not new to the market! I've been holding VOO shares for more the 8 years, and some other instruments. Unlike you, I haven't missed the rally, as I added up all the tourism shares to my portfolio. People like you keep crying at home, and repeating "it doesn't make sense", "it's all because of the FED" blah blah blah... If you haven't noticed, Mr. Economics Genius, the FED started QE since 2008, the FED blanace sheet is on the rise for many years, if you haven't figured out yet how the system works, maybe you are the one who should stay away from the markets. You are trying to fight the system, you are crying about how can the stocks keep rising, instead of join the trend. I think you are just a horrible trader, and you put all of your misery here on an online forum - wow.
You can keep thinking the market makes sense but in theory it does not. Im just saying when one comes on here and says they are making money daytrading I laugh because most new investors into a raging fed fueled unlimited QE market have never traded in a sour market before. Of course it's a beautiful thing to enter a market where stocks only move up, feels good to pick any stock and make a quick return in a fed fueled bubblicious market, but this won't last long. Continue holding your VOO and add to it on all those huge daytrading profits you make so once the music stops you have a nice big chunk of VOO to retire on.