Friday, April 24, 2009

Having a VPS for trading

I realise some new traders will try to trade using their own computer and the Metatrader4 trading platform.. On the surface it seems like a good idea at the time.. Why pay someone money to host your MT4 and any Expert Advisors which you have attached?

Because I am an IT person and have been in the field for 20+ years really do not have much difficulty keeping my dedicated computer up before during and after trades however I must tell you that I have been caught as well with computer reboots and power outages . Luckily these times are few and far between. In fact I believe its been twice only.. Both times I was in a trade and my computer decided to update and then reboot.. You guessed it.. Now my trades are not being managed anymore because my Metatrader 4 platform did not restart ( I have since fixed it so it wil restart on a reboot) How was I lucky... Well the trades went my way and when I was able to close them I was still in profit..

Now I do not worry about outages since I use a UPS or uninterruptable power supply. Problem solved. Well almost.. The problem is for a really good UPS to last the duration of a power outage you have to spend a great deal of money... 

Okay now my point.. Rather the spend money on a UPS and worry that you are not either getting trades with various EAs because your MT4 trading station is down again .. Why not invest in a VPS or Virtual Private Server? 

I recommend Forex VPS.. They have a great deal of experience backing them plus its affordable, convenient and they will setup your Metatrader 4 program for you ... 

http://www.forexvps.com?a_aid=ForexVPS1  

Until next time.. 


No comments:

Post a Comment