Anybody tried to trade from the boondocks where the only internet was on your phone? You can get the net to your laptop tethering it with a USB cord. I was wondering how it effected the connection speed and lag time? Anyhow I am going to do some experiencing tomorrow.
I guess it depends how you trade and how important latency is to you. I've done it many times in the past without it affecting my trading performance. I think any delay comes from the phone's data connection refreshing its connection with the network so if you can keep the connection alive by running something in the background and don't mind using the additional data then that should help.
I've done it as a backup when my fixed internet dies for whatever reason... works fine but I wouldn't run high speed algo's on it.
I only want to do a few swing trades per day, so latency shouldn't be an issue. I assume just running 2 charts wouldn't use much of a data plan?
When I saw the title of this thread I immediately thought of this guy, and how tethering your laptop would be a good idea when trading with it on the boat. Except at the end. Hehe sorry, carry on.
If your plan doesn't include tethering, or enough tethering; ...there are options to circumvent scrutiny from your carrier. In general, tethering works fine...at least in my experience using wifi tethering.
I tried it and worked fine at home with my laptop with ethernet port. It just needed to download a few drivers. But the travel laptop I usually take on the road doesn't have that and so far I have been unable to make it work with that one. Maybe I can connect it with Bluetooth, but that also sucks more power...
I have day traded from opening bell to closing through my phone for 10 years and lost connection 2 times, likely i made more profit on the trade I all most had a hardtack because I dint had a stop/lose, You mast get to know your data connection.
OK, I am on location right now and I am getting 7Mbps speed via the phone so all good and dandy... Have to monitor the usage though. I guess no 4K po... I mean polka dancing for me...