Internet Access Around the World

[WhataWorld!]

I plan to go mobile with my life, and sail around the world.

I am a self-employed intra-day financial trader. I can work wherever I have an internet connection. What is your impression on the current state/future of wireless internet access around the world? Where do you think it is going? Tips on how to make this work? Ideas? Is it only reliable in marinas?

Comments, questions, tips, input?

[captainKJ]

Do a forum search on internet,,, this topic has been beat to death

[WhataWorld!]

Yes, the question of general internet access has, but I feel my request is a different side of it. I don't need internet mainly for email, weather, etc. I need internet that is relatively reliable and fast

[captainKJ]

Cruisers & Sailing Forums - Search Results

[captainKJ]

Marine Communications and Internet Access

[captainKJ]

Wireless Internet At Sea – Breaking Free Of Corporate Internet Part 2*|*gCaptain

[goboatingnow]

If your budget suppost it , consider installing Inmarsat Fleetbroadband, startings systems at 150Kbps for about 4K dollars at 10 dollars/megabyte. That way you are independant.

Dave

[Zonker]

@WaW : if you rely on real time quotes, then be aware that satellite based internet (such as Inmarsat, Globalstar etc) has a huge latency.

Personally I am day trading weekly options ... and 1/2 sec too late can ruin the trade. So you need to incorporate approx 2-3 sec delay (quote display and your actions) in your day trading strategy.

Btw - my first post on CF ... :-) ... planning to do a "tour de world" but still trying to figure out how to finance such a project.

[JJB]

Personally, I trade forex, I have done so on Inmarsat for quite a while at sea, while the latency is a little annoying it is bearable. If of any interest, I use GFT.

Mini v-sat is another interesting one, I would like to use it, but they have very little coverage of the Pacific, since the Pacific is where I tend to do most sailing it isn't an option for me. The terminal I run is an FB250.

Inmarsat has 50mbps coming sometime in 2013, perhaps earlier if rumors are correct, but I wouldn't count on it, the Inmarsat website says sometime in 2014. It will be interesting to see how much prices change when this is introduced.

[Zonker]

@JJB : I assume if you do FX then you use a software showing real time quotes. I use TOS (TDA) and TW (IB) and looks to me there is some amount of data transferred ... just wondering how your monthly bill looks like. I would really appreciate if you could share some info about the traffic and the cost you experienced with FB.

[JJB]

While we're at sea, we only use Dealbook 360 and Email, it's expensive but not too bad, $2750, buys me 750mb per month, I know it doesn't seem like much, but I have yet to see a month where I go over it.
Sometimes if there is anything left, I will allow my kids to do a little web browsing, but no Youtube, Facebook etc.

I tend to open dealbook twice a day when at sea, I don't leave it running all day. I prefer just to set my trades every morning according to market conditions and just allow it to take it's course until later that night where I check on the results or perhaps setup a few more if the market is presenting well.

[Spudman]

Originally Posted by JJB

While we're at sea, we only use Dealbook 360 and Email, it's expensive but not too bad, $2750, buys me 750mb per month, I know it doesn't seem like much, but I have yet to see a month where I go over it.
Sometimes if there is anything left, I will allow my kids to do a little web browsing, but no Youtube, Facebook etc.

I tend to open dealbook twice a day when at sea, I don't leave it running all day. I prefer just to set my trades every morning according to market conditions and just allow it to take it's course until later that night where I check on the results or perhaps setup a few more if the market is presenting well.

I
on fxcm and wondering the same thing. Would it be that hard at sea to keep an eye on it 4 or 5 times a day. Mmmmm

[JJB]

Originally Posted by Spudman

I
on fxcm and wondering the same thing. Would it be that hard at sea to keep an eye on it 4 or 5 times a day. Mmmmm

I don't see any reason you couldn't do that. it just isn't the way I trade even when on land.
I haven't played with fxcm's platform much but I understand it uses less bandwidth than most. I usually wind up with about 100-150mb a month to spare at the end of the month. If you exceed the 750mb you get charged an excess if I remember correctly of $11 per meg.

[Zonker]

Wonder if it would be possible to have each cruiser out on the water act as a network router and have something like a world wide cruiser network in place so anybody could access the internet with WiFi ... :-)

[JJB]

Originally Posted by Zonker

Wonder if it would be possible to have each cruiser out on the water act as a network router and have something like a world wide cruiser network in place so anybody could access the internet with WiFi ... :-)

That would have to be some pretty powerful WiFi hehe