DO NOT STREAM FROM USB STICK - unless it's a high performance stick.
If you do this with a normal consumer usb stick, you may experience problems (I did this before and upgraded to Samsung 840 PRO SSD on USB3.0, which produces 5Gbps)
Regular consumer sticks have a 20-50mbs transfer rate while high performance sticks have a 80-150mbs transfer rate. Regular sticks will produce audible pops/clicks on your audio tracks/samples (in excess of 20 voices and/or 8 stereo audio tracks at 44.1k/24bit.
NAID on regular sticks will wear out after 1000 or so write cycles, thats why they are so cheap. NAID on high performance sticks wear out after 10,000 cycles (beyond 3 years with normal Ableton usage)
Examples of high performance sticks include Sandisk Extreme
, Corsair Voyager GT
Edit: Also, streaming from RAM is always more reliable than streaming from disk
Also, will this method work in my instance do you think, storing my audio samples on the external stick? When you say streaming from RAM is more reliable than streaming from disk, do you mean the laptop's ram, or...? Thanks