Why prop trade in NYC?

Discussion in 'Prop Firms' started by lrf3, Jan 24, 2010.

  1. lrf3


    Is there any point in beginning at a prop firm in NYC? Apartments are overpriced thanks to rent control. And on top of that you get taxed an additional 10% on city and state income taxes. Sure there are a lot more firms and opportunities in NYC, but if you can trade remotely wouldn't it make more sense to live in a tax free state with low cost of living like Texas, Florida or Nevada?
  2. rent control actually LOWERS the cost of living (if you can find it). Today you can trade from almost anywhere with a decent intenet connection. By living in NYC you essentially colocate yourself with the best traders/equipment/vendors/firms but if you don't need that then sure, live on the cheap and pay $200/month for rack space at 111 8th or 30 Hudson.
  3. Unless you have lived in an apartment since 1971, there is no such animal as "Rent Control" in NYC. Rent stabilized apartments still exist today but become "destabilized" when the tenant moves out and rent goes over $2,000.

    NYC still has some of the best food and pussy if you can afford the cost of housing, there are certainly cheaper places with better quality of life and good looking pussy.

    I spend about 1/2 the year in NYC and the other 1/2 in more tropical settings with exotic pussy!
  4. l2tradr


    Nice! Are you also 6'2, 190lbs with a six pack, drive a Ferrari, are worth millions and have a 12 inch penis? :p
  5. bigpapi


    Found a pic of elpollo on google ... you have to see the movie to really appreciate elpollo's taste in women:
  6. Nope, I am just a 5'4" bald Mexican dork with a small cock & a rent stabilized apartment on The LES and enough discretionary funds to trade from anywhere in the world.