RC onboard internet and doing stock market buying/selling etc

[Sackboy]

Does anyone have experience with using the onboard internet (especially on Mariner) for stock market work? Not just checking, but buying selling, etc. 

 

if so, which internet package did you go with and how decent is it?  

[Reigert2008]

4 hours ago, Sackboy said:

Does anyone have experience with using the onboard internet (especially on Mariner) for stock market work? Not just checking, but buying selling, etc. 

 

if so, which internet package did you go with and how decent is it?  

personally, I wouldn’t rely on ships internet for anything that would be time sensitive, such as trading stocks.   

[WesKinetic]

Agree with @Reigert2008. The Zoom streaming wifi is usually passable. But even under good circumstances, it's not blazing fast by any means. It generally works for most things, but the service isn't always consistent. So I certainly wouldn't want to count on it for something that was very time-sensitive. 

[Ampurp85]

IMHO Mariner's internet isn't great, I tried to do Teams and Zoom and had issues. I had the surf and stream; it wouldn't work in my cabin most times. But YMMV as it could have had to do with a lot of factors. Like cabin location, ship location, etc. 

[hoagie]

Super Mario relies on the Ship internet for his employment and I believe he is in the stock trading area (I could be wrong).

[twangster]

If your desire is to have a laptop setup with automated scripts that will execute based on micro-second reaction to stock trades you will be very disappointed with the latency of satellite internet available on Royal ships today.  Latency across the fleet typically ranges from 200ms to 800ms and at times like during heavy rain the internet will not available at all. Mariner latency will almost always be above 600ms.

If your idea of stock activity is simply entering limit orders in hopes the market might reach that threshold at some point over the day that may work out okay if you appreciate that the internet on board can be down for several hours at a time for no apparent reason.  Murphy's law dictates the internet will go down exactly when you need it most.  If that's going to be an issue then don't rely on Voom for your needs.  

I've done wifi calls on Mariner recently and I watched a live webinar for an hour with only one "buffering" moment.  For simple tasks like that Mariner's Voom Surf & Stream served me well.  But understand it is nothing at all like home based internet.  Expect results like 3 - 4 Mbps down and 1 - 2 Mbps up with latency around 700ms.  

Lastly it's public wifi essentially.  Have plans to secure your traffic accordingly.

[Wunderdian]

I’ve tried some trading while onboard before, and the lag is no joke – it’s around 600ms+ on a good day, and it can drop out when you least expect it. The satellite connection just doesn’t cut it if you’re trying to make those split-second moves in the market.
That said, if you’re just looking to automate trades without having to babysit them constantly, something like https://forexflexea.com might actually work. Basically, this bot runs "virtual trades" in the background to figure out the best moments to go in on real trades, so it doesn’t need super-fast internet all the time.

[Pooch]

On 8/19/2022 at 12:39 PM, hoagie said:

Super Mario relies on the Ship internet for his employment and I believe he is in the stock trading area (I could be wrong).

Met him on my last trip!

[JimnKathy]

While I'm not a day trader, I've never had an issue with Internet speed when dealing with my online brokerage transactions.

[ChessE4]

I wouldn't dream of doing serious financial transactions on a ship or hotel network without heavy duty security precautions.

[Mike n Ky]

Over the past couple of years, I have had no issues but as others have said, security over an open network is important. Have used Nordvpn for quite a while with no issues.