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    What exactly is "Open Mind"?

    An "open mind" means having no ego and not being convinced you are right. Trading is difficult when you have pre-conceived ideas and have biases. True trading means you will buy in strength/sell in weakness and that's it.
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    Interactive brokers prop firm ... Does one exist

    I know Maverick Trading runs their trades through IB and has access to international markets. With their volume they have great rates. I trade with them and have no complaints. Worth a look
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    Options Trading Props

    Maverick Trading is fine. I've been with them for several years. They are the only firm I have found that I can basically trade all the products I want. Seems like everyone else is equities only and the firms that do provide access to options (like echo, Nonco, etc.) don't have good platforms...
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    Resources for getting over fear of trading?

    Spot on. Nice analysis
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    What is the optimum tax rate on the wealthy?

    Nice observations. I am guessing less than 1% of the american population knows this
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    Looking to join a prop firm

    Checked out TM and Ninko as well. Looks OK
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    Looking to join a prop firm

    I agree with CMB. If you don't want to get registered, go with Maverick Trading. If you go with a registered firm, I would definitely go with Echo, T3 or WTS.
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    "market correction, as much as 90%"

    90% is a little big. If that happened, don't worry about your stock portfolio. Have guns, ammo and food
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    premiums on Calls of SPY dwindling..

    Totally agree with Darwin: "so . my conclusion is.- No free money... efficient market theory.. everything is priced in .. no edge. no gain. and unfortunately u will bleed thru commissions..."
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    Why limit traders to 4 legs on complex options?

    It all depends where you are trading. At IB you can put in endless legs in a trade. The problem with this is in the end you have an incredibly wide bid/ask spread on the position and is unlikely to get filled. Exiting the positions in a hurry would be a nightmare and cause extreme slippage...
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    When will the China bubble pop?

    People have been skeptical of that growth rate for years. Electricity consumption which is a more true measure of growth has been about 3% over the past few years
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    When will the China bubble pop?

    Then, the real crash comes sometime in early 2014. But, what do I know. It's just a guess.
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    When will the China bubble pop?

    My call is that we will have a Bear Stearns like event over the next 1-2 months that will mark the beginning of the end. The PBOC will come in and soothe everyone's fears and the market will rebound
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    Forex Options

    CME FX Options. Very easy. But, there are much better products to trading options than FX
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    2013 medical marijuana stock thread

    In the end, it's a business and I wouldn't want any of these guys running my business. I'm sure they are brilliant but many brilliant people live in obscurity. Give me a cannabis company with a hard working business man who puts in 70 hours a week and that will be the one to buy
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    Books (options and trading)

    That was fast. I didn't expect books to still be in demand with all the content online. Nicely done
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    Europe strikes deal to push cost of bank failure on investors

    I'm surprised to see the lack of outrage. All this is going to do is increase the bank runs when any sovereign nation gets in trouble. Anyone with 100K+ will run for the hills.
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    $BMRN Short-Term Strategy

    With the buyout of ONXX, I bet these smaller biotechs will have a takeover premium built into them and keep them relatively strong. I like the sector for a short but am not looking at the bigger players like BIIB, AMGN, etc.
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    $BMRN Short-Term Strategy

    I was looking at BMRN short late last week but the buyout of ONXX made me look elsewhere.
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    Woah. Facebook insider just said half of FB accounts are fake - and FB knows it.

    Like all tech compnanies, innovation will be the difference and they will need to be at the forefront to hang on to their current market cap (though I think it is too rich). Problem is, over 100 years there will be missteps and it is inevitable that you will be right. Even MSFT isn't as...
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