Anyone know any shops in NYC that sell import video games?

Thursday, February 6, 2014 , Posted by Ryanita at 10:00 PM




Crow T Rob


Mostly DDR (Dance Dance Revolution) games for the Japanese PS2. Im going to be heading down there on sunday so i would like to know this. Im looking for shops that are most likely around in the Time Square region. Because ill be heading there by bus and it will most likely take us there. And ill only be probally shopping in times square along with China town and Little Italy. Hope someone can help me out. Thanks.
I know that there isnt a japanese neighborhood. Im just wanting to know if there are shops that sell mainly japanese import games. I went to such a place before. But this was years ago and im sure that it's no more. I would like to know more on this so i could at least be happy to leave NYC with a DDR game in hand instead of just ordering it online.



Answer
Generally foreign video games will be for sale in ethnic neighborhoods. Forex, Brighton in Brooklyn is basically Russian, and there are several stores there that sell Russian video games. Any of the several Hispanic neighborhoods would sell video games oriented that way. As for Japanese, NYC does not have a Japanese neighborhood, but there is a concentration of Japanese in Flushing, and a shop there might carry what you want. Otherwise Chinatown or the Times Square areas are possibilities.

Which areas in the USA has most people trading Forex? I can't find any info on this anywhere!?




yeaaaaaaaa


Just curious. I know for online stock trading, pretty much every area in the USA is covered. But Forex is such a high-risk arena and one that is FULL OF SCAMS, that I don't think ordinary people would trade it.

My friend started a business startup that delivers live Forex quotes for free and asked if I'd join. Well, I want to know if the time and effort I put in will be worth it.

Which areas in the US has most people wanting to trade Forex? What type of people like to trade forex? I get the feeling it's mostly hedge fund managers in NYC who do it.....rather than individual middle class people.



Answer
Very few retail traders can open a "real" forex account that can trade against bank trading desks. Probably need $2,000,000 minimum or so to do that, plus be able to convince them that you're something big.

The "forex" accounts typically promoted on the Internet aren't the same -- with those, you're actually trading against your own broker, who issues OTC securities to you. This puts you in the rather awkward position of being in diametric financial opposition to your broker. Guess what typically happens to such accounts, over time?

The CME (in Chicago, for what that's worth) allows trading in currency futures. This is a real, open market. The downside is that it requires a lot more capital than "retail forex" (probably 20K minimum), and these are futures, so that adds a little complexity to things, for the uninitiated. And you will still likely lose all your money, quickly, anyway, unless you've got some real advantage over the market, or you just get really lucky. If I really wanted to learn about what moves forex markets, I'd start by heading to my local university library and browsing the Journal of Finance and similar publications; and even then, there's no guarantees.

FYI, the main places for "real" forex trading are NYC, London, and various major cities throughout Asia (esp. Hong Kong, Singapore, Tokyo).




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