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Agreed, and this was my point about the round trip PING speed test into the RMS gateway at the exchange, rather than just an internet speed test. However, any way you look at it the server numbers are much better than my home office (allbeit T1+ and Dual Quad Core processor). Location, location, location!
This is definitely a good option for someone looking to move their automated trading off-site. The prices are good, and the server location is great. I wish I had known about these VPS when I was setting up my dedicated server. I could have saved a good bit of money and gotten better location since my bot does not require much processing power.
As someone that has looked at other solutions for off-site automated trading, these guys would be my first recommendation for someone looking to move their automated trading server to a hosting solution.
Right on. For me service interruption is a vital consideration for going with a remote server in a data center. There are a few things you can do at home to try and mitigate interruptions but nothing compares to a remote server setup and the protections it provides.
When I travel and am out I love being able to use my phone to access the server if needed. I don't watch the market much until my AT takes a trade and sends me email. Then I keep an eye via phone no matter where I am. Don't even need a laptop. Have to love the technology available to us.
@sam028 has a great setup and pricing for what you get.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
I have a dual problem. High latency and low bandwidth. Unfortunately I cannot do anything about it at the moment, there are no options open to me. My bandwidth requirements are too low to support remote monitor viewing and my ping times to chicago are about 100ms. I will just have to live with it for now.
I agree with everything you have said (except the bandwidth requirements to view charts on a remote server) and do in fact have my own Bare Metal Hypervisor at home (VMWare ESXi) with my trading PC on it. If I ever move home or get a better internet connection, or rent an office with good internet I will be renting a SpeedyTradingServer. No question about it.
I have a strategy running on one of their servers. Did a trial period of a week, liked it, and am currently renting space. I am going this route because of reliability of service that I can't replicate myself without spending a lot of money. I'm very pleased after running for over a month now including the trial period. Because I'm running a strategy, there is very little intervention required on my part. So, I can leave my office and monitor the system on my iPhone to make sure something weird doesn't happen.
I'm using a VPS for about a month after having an extended trial before.
Although I don't use automated strategies, I really like the reliability, the low latency, the fast datafeed without delay and therefore the good fills without slippage.
All I can say is that bottom line I'm very satisfied with the machine, the really fair pricing, and especially with Sam's great service.
There's absolute NOTHING to complain about, so the only thing I can do is giving Sam's business an honest full recommendation.
Thanks, dear customers.
You look so happy, I'll double the prices next month .
More seriously, I'm glad to see some good comments, and confirm that it helps to reduce slippage too. That's normal and logical, but it's nice to have the logic confirmed sometimes...
One day I'll put some comments like the previous one on my web site, like some bots vendor:
"With Sam's VPS, I made $1M on ES in 16 ms!!!
Martha M., Newark NJ
..."
As far as I know limit orders are siting on the exchange server and stop orders are on your fed/broker providers server (TT for example). So I see no benefit without automated strategies... (the only thing is if OCO are localy simulated)