As you understand, trading robots execute trades around the clock, meaning the trading platform and your PC, on which this platform is installed, must be constantly turned on. In addition to the costs of paying for the electricity your PC consumes, let's consider the potential drawbacks, such as the instability of your internet connection, possible technical reboots of your PC, and a high ping (distance from your PC to the broker's server), which can slow down the execution process of your trading orders.
Ultimately, it will be much more advantageous and reliable to rent a remote desktop for trading, commonly known as a VPS. So, if you don't have experience using this type of hosting, let's explain the principle of its operation in a few words.
The hosting provider from whom you rent a VPS offers you a remote desktop that operates on the Windows platform. You can access this remote desktop through a specialized client available on any Windows or iOS device. So, you connect to this remote desktop and land on what seems like another computer, where you can install your trading platform, use a browser, email, and so on. In essence, you get a full-fledged PC on which you can set up your trading platform and automate your trading. In doing so, you receive:
- Stable internet connection
- Continuous system operation
- Low ping (if you choose a VPS with a data center located near your broker's server data center)
Most importantly, using a VPS is convenient. Once you start using the remote desktop, you can turn off your home PC.
Which VPS should you choose?
- Choose a VPS based on the Windows operating system
- Choose a VPS with at least 2 GB of RAM
- Choose a VPS with at least 2 cores
- Choose VPS based on SSD drives
- Choose a VPS with minimal ping to your broker’s servers. For example, if you trade with some European broker, then choose a VPS whose data center is located in Europe.
As for the VPS provider, you can choose anyone. The main thing is that its VPS server meets the parameters listed above and is not very expensive.