Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
So legit question here. In light of the NYC power outage the other day... what happens if we have positions open and something like that happens? That is an incredibly frightening thought for me as a smaller new trader (especially when I go to full contracts of ES). Also, the thought of in the future doing this full-time with the possibility of a prolonged outage causes me to shutter. Not trying to be a pessimist but it is a thought I have far too often.
if you are on an internet service provider with active network components in the street
(like fiber optic or cable network) a grid problem will get our connectivity down
only old-fashioned DSL/VDSL on copper lines will work...
Higher timeframe trading.
Your reaction to trading a full ES contract is a warning sign you should listen to. Are you able to lose the next 5 trades in a row and still have the balls (and funds) to take a 6th trade?
If no then why is the full ES contract even in your thoughts?
If yes then why is your mind introducing negative hypothetical scenarios and producing unecessary fear for you to deal with?
I've definitely run through a few outages and internet has at least always outlasted my UPS. I suppose my ISP could be running their own battery backups.