Windows installation

I recently built a new/first computer and the last parts are comming today, my GPU and Windows 8. I have not bought a dvd reader/burner because I don't like how they look, and how useless they are. I do have a USB DVD reader, but can I use this one to install Windows with?

If you can see it in the bios it should work fine.

That being said I have never tried it with an external drive.