Comments for How I became obscenely rich http://obscenelyrich.co.uk The path to financial freedom and philanthropy Tue, 30 Apr 2013 05:22:37 +0000 hourly 1 http://wordpress.com/ Comment on Banging one’s head against a wall of mediocrity – a rant about marketeers. by Laurene http://obscenelyrich.co.uk/2009/02/13/banging-one%e2%80%99s-head-against-a-wall-of-mediocrity-%e2%80%93-a-rant-about-marketeers/#comment-851 Tue, 30 Apr 2013 05:22:37 +0000 http://obscenelyrich.wordpress.com/?p=157#comment-851 I was pretty pleased to uncover this web site.
I need to to thank you for ones time just for this wonderful read!
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]]> Comment on Lulumon rises by over 2% in one day by tradervancouver http://obscenelyrich.co.uk/2013/03/14/lulumon-rises-by-over-2-in-one-day/#comment-837 Fri, 15 Mar 2013 00:42:05 +0000 http://obscenelyrich.co.uk/?p=618#comment-837 LULU hasn’t participated in the 2013 rally at all, which I think says a lot about it’s strength…or lack thereof. If it can’t find legs in this market, then your position is probably the right one. That said, you can draw a trend line from May of last year to now, just below $66, where it’s either found support, or resistance all the way along. If you’re patient enough, it will likely break down below it. April expiration might be cutting it close though. Best of luck to you!

]]> Comment on Two designers by http://yahoo.com http://obscenelyrich.co.uk/2013/01/26/two-designers/#comment-827 Sat, 09 Feb 2013 11:48:50 +0000 http://obscenelyrich.co.uk/?p=589#comment-827 “Two designers How I became obscenely rich” was a very good blog.
In case it had alot more pix this would certainly be possibly
even even better. Thanks -Mohammed

]]> Comment on Two new business ventures by Marcia http://obscenelyrich.co.uk/2012/07/23/two-new-business-ventures/#comment-809 Thu, 29 Nov 2012 22:33:01 +0000 http://obscenelyrich.co.uk/?p=553#comment-809 Heya i am for the first time here. I found this board and
I find It really useful & it helped me out a lot. I hope to give something back
and aid others like you helped me.

]]> Comment on Comments and Contact by obscenelyrich http://obscenelyrich.co.uk/comments-and-contact/#comment-804 Thu, 11 Oct 2012 22:55:05 +0000 http://obscenelyrich.wordpress.com/?page_id=10#comment-804 Hi Carol
I generally don’t do such short term trades these days. I also haven’t traded FX for awhile so I’m haven’t got much advice there.
Generally unless you have direct access to the market I wouldn’t trade that short time frame and if you do have DMA your margins are higher.

For brokers I use Interactive brokers but they don’t allow scalping unless you have over £100k deposited. The cheapest method is to use spread betting.

Do you use stops for scalping? I would have thought it would be manual? What system / broker are you using now?

Simon

]]> Comment on CFA Level 1 Quant – Hypothesis Testing by obscenelyrich http://obscenelyrich.co.uk/2012/06/16/cfa-level-1-quant-hypothesis-testing/#comment-803 Thu, 11 Oct 2012 22:49:06 +0000 http://obscenelyrich.co.uk/?p=506#comment-803 Glad you like it. Sorry for the delay in replying, this comment didnt come up in my inbox for some reason.

]]> Comment on Comments and Contact by carolynhunt http://obscenelyrich.co.uk/comments-and-contact/#comment-802 Thu, 11 Oct 2012 21:45:41 +0000 http://obscenelyrich.wordpress.com/?page_id=10#comment-802 Hi,
Just read your article on platforms escalating their profits using manual stops. Are there any platforms you would recommend for a newbie scalper on FX trading?
Thanks

]]> Comment on CFA Level 1 Quant – Hypothesis Testing by waste king http://obscenelyrich.co.uk/2012/06/16/cfa-level-1-quant-hypothesis-testing/#comment-781 Thu, 16 Aug 2012 22:50:26 +0000 http://obscenelyrich.co.uk/?p=506#comment-781 Its such as you read my thoughts! You seem to grasp so much approximately this, such as you wrote the guide in it or something. I believe that you just could do with a few percent to drive the message home a little bit, however other than that, this is wonderful blog. A great read. I’ll certainly be back.

]]> Comment on Next big move – CMG on the short side. by mrsimonpowers http://obscenelyrich.co.uk/2011/10/05/next-big-move-cmg-on-the-short-side/#comment-756 Fri, 20 Jul 2012 15:47:20 +0000 http://obscenelyrich.wordpress.com/?p=317#comment-756 Update 2: Stock dropped nearly 23% so far today. Have sold 2 options and waiting to see what happens next.

Profit of several 1000 dollars.

]]> Comment on Building a trading system for the NYSE by mrsimonpowers http://obscenelyrich.co.uk/2012/05/29/building-a-trading-system-for-the-nyse/#comment-737 Sun, 08 Jul 2012 18:40:07 +0000 http://obscenelyrich.wordpress.com/?p=417#comment-737 Thanks Swagat, I have removed the link. It looks like the WSJ expire their articles after awhile.

]]> Comment on Building a trading system for the NYSE by Swagat Mishra from Goldman Sachs http://obscenelyrich.co.uk/2012/05/29/building-a-trading-system-for-the-nyse/#comment-734 Sun, 08 Jul 2012 16:18:21 +0000 http://obscenelyrich.wordpress.com/?p=417#comment-734 Hey Simon,

The WSJ link does not seem to be working. Good work mate!!

Regards,
Swagat

]]> Comment on Bankers, the banking system and the press by rikrok http://obscenelyrich.co.uk/2012/07/02/bankers-the-banking-system-and-the-press/#comment-725 Mon, 02 Jul 2012 09:45:32 +0000 http://obscenelyrich.co.uk/?p=521#comment-725 This is a good post. A few good points in there.
Well said Mr Powers.

]]> Comment on Next big move – CMG on the short side. by mrsimonpowers http://obscenelyrich.co.uk/2011/10/05/next-big-move-cmg-on-the-short-side/#comment-711 Fri, 22 Jun 2012 20:19:38 +0000 http://obscenelyrich.wordpress.com/?p=317#comment-711 Update: June 2012. Still riding this one. It’s now worth $415 a share with a market cap 20.7B.
This is one crazy stock. This is one scenario where I am glad I bought options and didn’t spread-bet my short.

]]> Comment on Re-doing my financial plan by mrsimonpowers http://obscenelyrich.co.uk/2009/12/27/re-doing-my-financial-plan/#comment-710 Fri, 22 Jun 2012 20:12:23 +0000 http://obscenelyrich.wordpress.com/?p=218#comment-710 Just out of interest…. I bought my first house as one to live in. Having been through this experience, there is no way I would buy to let. The cost of buying a property kills any potential profit. Stamp duty has destroyed this market. Also, I don’t want such a large amount of my money trapped in one asset.

]]> Comment on The slow plan in detail. Becoming a hedge fund CTO. by Understanding the spread betting companies « How I became obscenely rich http://obscenelyrich.co.uk/2012/05/27/the-slow-plan-in-detail-becoming-a-hedge-fund-cto/#comment-670 Mon, 28 May 2012 21:46:11 +0000 http://obscenelyrich.wordpress.com/?p=399#comment-670 [...] Hopefully running a hedge fund. [...]

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