Still Searching for the Perfect Web Connection
Many of you emailed me about last week's column, In Search of the Perfect Web Connection. Here's a follow-up to answer some of your comments and questions, and to explore a couple of technologies I left out last week.
Birdland
Several people questioned why I included satellite Web connections under the heading of "reliable" for traders. "I'm actually surprised you even mention satellite in your article," wrote one reader, who identified himself as Scott. "It is downright terrible." I'm sure service levels vary with the system you go with. But overall, it can't be that bad. Otherwise, you wouldn't see as many dishes set atop office buildings. Still, trading -- particularly daytrading -- is a mission-critical application if ever there was one. If you don't have 100% up time, you stand to lose money. So let me say it again: Satellite's a viable choice only when no other connection option exists. If you trade from a recluse's cabin in Montana, chances are that cable modem or DSL service won't be coming to your neighborhood anytime soon. So you'll have to settle for satellite and accept the fact that heavy rain, snow or wind may cause signal problems from time to time.
When it comes to other technical problems, the Tachyon.Net satellite system I mentioned last week allows customers to pay a premium for fast-response service. Rates vary across the company's dealer network. However, because this service is geared toward business, it's perhaps too expensive for the average trader.
Across the Chasm
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