Best city to start as a trader - Trading-Lab

scalper · #1 07-23-2007, 04:08 PM

hello,

was wondering what would the best city to start as a trader be. I guess it would be NY for equities trading and maybe Chicago for commodities trading…to all accomplished traders: where did you start out as a brand new trader? And why? Was it for the training? Or just the overall atmosphere? and looking back now, how much would you say it affected your trading results?

thanks

breakout · #2 07-26-2007, 01:49 PM

yes NY or Chicago are definitely the best cities to start as a trader. NY is a lot more expensive than Chicago though. So you might wanna take that into account. Once you get profitable, you can consider moving to nicer locations like FL which, by the way, does not have state income taxes!

MarkB · #3 08-08-2007, 03:52 PM

this might sound obvious but….do you plan on trading from an office? Cause otherwise it would make very little difference where you do your trading…..

scalper · #4 08-09-2007, 12:58 PM

yes I'm actually considering becoming a proprietary trader

StockOperator · #5 08-10-2007, 06:03 PM

read his thread on proprietary trading http://www.trading-lab.com/forums/do...rader-t53.html

scalper · #6 08-24-2007, 07:22 PM

thanks for the link, stockoperator. I knew about that thread!

stocktrader · #7 08-24-2007, 08:04 PM

I would pick a city on the West coast. You start trading early in the morning and after 1 PM when the markets close on the East coast, you have most of the day still in front of you.....

ManhattanTrader · #8 10-02-2007, 05:40 PM

in my opinion, NY is the best place where you can start as a trader. A lot of trading firms to choose from, great training, great atmosphere. I would never choose anything but NY if I had to do it all again.

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#1 07-23-2007, 04:08 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	Best city to start as a trader hello, was wondering what would the best city to start as a trader be. I guess it would be NY for equities trading and maybe Chicago for commodities trading…to all accomplished traders: where did you start out as a brand new trader? And why? Was it for the training? Or just the overall atmosphere? and looking back now, how much would you say it affected your trading results? thanks __________________ scalper

#2 07-26-2007, 01:49 PM
breakout Member Join Date: Jun 2007 Posts: 63	yes NY or Chicago are definitely the best cities to start as a trader. NY is a lot more expensive than Chicago though. So you might wanna take that into account. Once you get profitable, you can consider moving to nicer locations like FL which, by the way, does not have state income taxes!

#3 08-08-2007, 03:52 PM
MarkB Member Join Date: Jun 2007 Posts: 36	this might sound obvious but….do you plan on trading from an office? Cause otherwise it would make very little difference where you do your trading…..

#4 08-09-2007, 12:58 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	yes I'm actually considering becoming a proprietary trader __________________ scalper

#5 08-10-2007, 06:03 PM
StockOperator Member Join Date: Jun 2007 Posts: 32	read his thread on proprietary trading http://www.trading-lab.com/forums/do...rader-t53.html

#6 08-24-2007, 07:22 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	thanks for the link, stockoperator. I knew about that thread! __________________ scalper

#7 08-24-2007, 08:04 PM
stocktrader Junior Member Join Date: Jun 2007 Posts: 20	I would pick a city on the West coast. You start trading early in the morning and after 1 PM when the markets close on the East coast, you have most of the day still in front of you.....

#8 10-02-2007, 05:40 PM
ManhattanTrader Member Join Date: Jun 2007 Posts: 45	in my opinion, NY is the best place where you can start as a trader. A lot of trading firms to choose from, great training, great atmosphere. I would never choose anything but NY if I had to do it all again.