Day Trading with SpaceX Starlink

What’s up everyone? All right. Well, I am day trading with a Starlink in a Walmart parking lot here in upstate New York, near the Adirondack Mountains. And so here’s the thing, the last time I was traveling and trading, I was just using my mobile hotspot.

Click here  Camping & Trading to get Ross’s pdf on Traveling and Trading. 

 

 

And I thought to myself, being dependent on just one source of internet, that’s not great. The fact is, today, I’m up $1,400 trading. And I don’t want, the fact, that I only have three bars versus four bars of service, the difference between making $1,400 or being zero on the day. So I got a backup. And boy, the backup is awesome. It’s a Starlink and I’ve got it right here on the roof. I’ve got the Verizon hotspot right next to it. Now. We’ll do a speed test comparison. And actually down in the description, I’ll put a link to this PDF that I put together.

The PDF has three sections. The first section is on the equipment for my traveling trading station. The second section is on internet and the third section is on strategy. The strategy that I use while I’m trading on the traveling trading station with this kind of internet. All right. So you could check that out down below. Now, what you’ll see with the speed test comparison is that, by far, the Starlink is faster, but I do think it’s good to have a backup because it’s always possible that the Starlink wouldn’t work as well. So for instance, last night, the campground I was at had a lot of trees. And so I couldn’t get the Starlink to work, but I had pretty good cellphone service. So I was at least able to use the internet, and stream, and do emails, and watch some shows and stuff like that using just the hotspot.

This morning, I came down here around 6:30 in the morning because I thought I want to be able to charge up the batteries with the solar panels. Big open parking lot, I think the Starlink will work better, and it happens to. But you do have to check the Starlink map, which I have the info in the PDF. I have the map in there, so you can check it out. You have to check that, because if I came to a Walmart that was outside the Starlink service coverage area, then that wouldn’t really work either. So, you got to do a little bit of legwork, but all things considered, it’s not that bad. So, let’s go inside the camper.

I’ve got my bike, mounted here on the back, this thing, that thing is fun. All right. So the Starlink, all of these cable here, gives you tons of cable. I just put it on the roof. So no one like runs it over, but I could probably just put it next to the car. And then I’ve got the Starlink right here has its own modem, so you get a little wireless router here, and I’ve got a wireless network that covers the van. My son is hanging out here. This is our boy’s trip. But I said, “I got to do a little bit of trading in the morning.” Hey, I’ve got to pay for this boy’s trip somehow. So we’re doing a little bit of trading here in the Walmart parking lot, and I thought I’d make this video for you guys. Let me get my glasses on. Okay.

So let’s go ahead and do a speed test comparison. All right. So we’re going to start with, well, whatever I’m connected on right now, which is probably the Starling, because that was the faster of the two. All right. I’m going to go speedtest.net and confirm. I am connected to my network, that’s SpaceX Starling. Okay. So, we’re going to say, “Go.” And let’s see where we are coming in at. Right now we are coming in at a hundred and sixty, a hundred and seventy nine megabits per second. Smoking. Now listen, when I was learning how to trade back in Vermont on DSL, the internet was like seven, eight megabits per second. Now you’re not going to make more money or be a more successful trader, the faster the internet is, it’s not like that, but you need a certain base level in order to get market data and to have things streaming and not lagging.

And this far exceeds that. And the ping is only 34 milliseconds. That’s not bad, and that’s to New York, New York, which is where… Well, most data centers are actually in New Jersey, but anyways, that’s fine. Okay. That is a fantastic speed test. And this morning, I was broadcasting live on YouTube, on Facebook, sending the broadcast out, sending the broadcast out to all members, Warrior Pro all access members, no issues. And this is the dream, at least with anything that you’re doing… Day trading is just one of the things that you can do from anywhere, as you well know, I’m sure. But the fact that you could do this from literally anywhere, it’s made possible, not just from the mobile hotspot, but now with Starlink. This is really, really fast. So let’s go ahead and let me see if I can get connected at last. See, I was having a hard time getting connected to Verizon before. Let’s see, I’m going to refresh this page.

All right. So now I’m on Verizon. Okay. And my phone is showing still three bars. It’s finding an optimal server. Okay. This is already taking longer than expected. Hello. And I think that I want to buy some wine. Okay. Interesting. So right now, okay, so we’re at 56 milliseconds of ping. That’s not outrageous. The download speed is eight megabits, so we’re going slow. Is this doable for checking your email? Sure. Could I trade on it? Yes, and I have before. Could I broadcast YouTube on it? The upload speeds, two megabits per second, three megabits per second, four, five, six, that’s better, seven. All right. That’s eight. Okay. It’s very unusual that your uploads higher than your downloads, it’s at nine. But that’s not terrible. Certainly, I’ve seen worse.

So, I think for me, it’s just good to have a backup. But here’s the thing, I wanted to add an AT&T, because I saw some of the areas where I’d be traveling had AT&T coverage and not as good on Verizon. And by the way, all of this is consolidated in the PDF. So it’s a PDF on traveling trading stations, whether you’re RVing or traveling, however you’re traveling, we’ll go through the equipment that I use for the traveling trading station. So the equipment, we’ll talk about the internet, and then we’ll talk about the strategy. So you guys can check the link down below for that. But the thing is even just for like a $40, $50 a month subscription for AT&T for a hotspot, they do a credit check and I have a credit hold.

I put a freeze on my credit, because someone tried to apply for a small business loan for a hundred grand or whatever. So all my credit is frozen. So, you can’t do a credit check on me and they’re like, “Nope, sorry.” And I’m like, “This is like $40, $50 a month. Are you kidding me? You’re doing a credit check for that?” You don’t have to do a credit check when you sign up for HBO streaming or Netflix or whatever. But some of these legacy companies like the cell phone companies and DirecTV, they’re just like, not with the times. So with Starlink, you can pay on the website and then you have a monthly subscription. I think it’s $125 or $135 a month. I’m not in any affiliate, so do what you want, but it’s not that expensive, and there’s no credit check. You just do it and then you could pause it, I guess, at any time.

Anyways, I’m pretty pleased with having that at least as a backup and where I go tonight, we’ll see. Maybe the internet will be really good on my phone and I’ll be okay with, maybe if I have 5G, I’ll be like, “Okay, that’s fine. I can use 5G.” But right here, the Verizon’s just not quite strong enough. So then, when it comes to strategy, the focus for me and the whole idea of trading and traveling is to trade for as little amount of time as possible in order to just make a little bit of money and then go off and enjoy the rest of the day.

So that for me is gap and go, micro pullback on breaking news, and that’s a strategy that I’ll break down for you guys in that PDF. So check that out and I hope you guys enjoyed this quick little episode of day trading in a Walmart parking lot and day trading with Starlink. All right. I’ll see you guys for the next episode. And hey, if you want to check out another one, I’ll put a recommendation to one of my popular videos right here. All right. So check that out.

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