Panic stations



  • For the people who constantly post there scare stories of how the index will collapse/will it ever recover/someone reassure me etc why don't you sell up and leave. When the fun stops STOP. It's clear your not having fun so get out. Now I have no clue what will happen with the index and I have a decent amount of money in here 5 figures and I would hazard a guess that the people at the top don't want this to fail but they are trying to take it in a sustainable direction which looks like it's taking a few errors to get there but I do believe they will. In summary if you have any doubts then take your money as it's not much fun constantly panicking



  • Agree, you only forgot to tell them to shut the door when leaving!



  • Time for FI to implement the 3 place media every day. 3p, 2p, 1p dividends payouts. 👍🏼



  • @MUFC i agree. Everyone knows it’s in a slump at the moment. But it won’t to take a heck of a lot for it to start flying again. Just gotta make the adjustments needed. Every market drops and has crashes at some point. It’s how you react in those crashes that determines your over profitability.



  • @Valhalla how can you make adjustments if you can’t sell? And don’t want to put anymore money in, people keep adjusting.. or trying to.



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  • Let's go down this road again where we start being negative towards each other. If people are panicking and posting negative stuff, they have a right to do so and we can ignore them if we like. Telling people 'if they dont like it, leave' isn't very helpful when many players dont have bids or have tanked in price. I'm not panicking (too much) and I'm certainly not spreading any negativity but I don't want to see this forum get toxic again (was it ever not, who knows).

    Telling people when the fun stops, stop is fine when you're not 4 or 5 figures deep invested in the product. We all know it's not as simple as just up and leaving.

    On the flip side, lets keep the panicking to maybe one thread though.



  • @howsthebacon it is a gambling platform, if players were not prepared to ptentially lose 5 figure amounts, they shouldn't put 5 figure amounts in, you wouldn't go to a casino, put £15,000 on black and complain that the casino is bad if it comes in red, you GAMBLED the money. so many people are treating this as an investment platform when really it isn't



  • @MUFC said in Panic stations:

    For the people who constantly post there scare stories of how the index will collapse/will it ever recover/someone reassure me etc why don't you sell up and leave. When the fun stops STOP. It's clear your not having fun so get out. Now I have no clue what will happen with the index and I have a decent amount of money in here 5 figures and I would hazard a guess that the people at the top don't want this to fail but they are trying to take it in a sustainable direction which looks like it's taking a few errors to get there but I do believe they will. In summary if you have any doubts then take your money as it's not much fun constantly panicking

    I do believe people have a right to stress their concerns although needs to be done in the right manner, alot has changed and people have gone from a comfortable profitable trader to quite some large losses at no fault of their own in alot of cases. It's probably not fun at mo for a lot of people which i can understand and leads to alot of negativty which can be painful. Not sure they wanna take the hit on their money too so they can't exactly instantly get out and allow the lack of fun to stop. I have about just under £1,200 of my own money in here, currently have a £7,000+ port so I'm in an okay position of profit although if i tried to obviously get out now it would be less than £7,000+ shown, others have no profit to show at all and their hard cold cash is showing as a dirty loss each day (worth noting newbies or even exsisting users nothing is lost though until you hit sell). Annoyingly i did get to 0 of my money not too long ago but FI enticed me back in the scallywags! I do believe they will get it right and sentiment will change, its just i think a lot have hit their limit on patience which i can understand to some extent.

    FI know themselves this is a mess right now, old Adam can't honestly look at the market and think "ah things are looking good, lets relax", so for me i can imagine their working hard behind the scenes in a tough environment considering they probably have staff at home too so I'm cutting them slack.



  • @NewUser674005 as much as I agree with this. You wouldn't go to a casino put 15k on black and when it comes in the casino saying o the rules have changed. This is what happend when they got rid of instant sell. People put money into FI with that warm fuzzy feeling they could instant sell.



  • @NewUser674005 I'm aware of that, but I think people are allowed to be concerned. Whilst no one should have put more money in than they can afford to lose that doesn't mean losing it still doesn't feel shit.

    And saying if the fun stops, stop doesn't really help. Whilst you've used a casino analogy there because yes, both FI and Casinos are classed as gambling - I think you're deliberately ignoring the obvious differences between FI and a roulette table. In essence the rule still applies with any gambling that you shouldn't bet more than you're willing to lose, but we all know FI is a bit different than your average bet.

    I do get that its tiring having to reassure so many people and repeating yourself when they complain which is why we should try and keep this in one thread but I just think telling people to sell up and go as if it's that simple is a bit insensitive. I'm not one of the ones wanting to sell up for the record, just don't want the forum to get all tribal again.



  • @Daly3174 yeah I didn't want to sit and take apart the roulette reference. In essence I do agree that this is gambling and is now advertised as such so you should only bet what you can afford. But I get the point people raise when they buy a player and he makes does well but price drops.

    If we're still using the unsuitable roulette analogy there, you'd walk in chuck 15k on black and then when black wins they'd say ok here's a few quid in dividends but black doesn't equal a win anymore. Or better yet, you wouldn't walk in and put 15k on black and then sit there for 3 years watching your 15k go up and down whilst picking up dividends overtime black scored highly on the roulette matrix.



  • @MUFC

    Last Friday, a guy made a post explaining that the market was about to crash. (In truth, it had been declining for a while already and many of us had been preparing for it). That thread turned into an utter shit show of people bashing the guy, telling him to leave, assigning him all kinds of conspiracy theory motives, how ridiculous he was, etc.

    Here's what the last week on FI looked like for the top 200.

    Screen Shot 2020-11-05 at 15.30.06.png

    Screen Shot 2020-11-05 at 15.31.39.png

    Screen Shot 2020-11-05 at 15.31.49.png

    Screen Shot 2020-11-05 at 15.31.58.png

    Screen Shot 2020-11-05 at 15.32.06.png

    Screen Shot 2020-11-05 at 15.32.16.png

    Screen Shot 2020-11-05 at 15.32.24.png

    Screen Shot 2020-11-05 at 15.32.32.png

    The guy was doing everyone a favour but got slaughtered for it.

    Now, don't get me wrong. There's been lots and LOTS of posts about the decline that we're all experiencing and I can understand why that's not fun for us all to read similar threads, over and over again. I can also see how anyone might find a perpetual circle of doom to be self-defeating too... but we're going to be getting lots of users looking for answers and lots of people who are in utter despair about the situation. It's only natural as many will want to vent, many will want to find comfort in a community and plenty will just want answers. If that's not fun for you... might wanna take your own advice for a bit... and stop reading those types of threads.



  • @Dan-The-Man the thing is no amount of reassurance will make you feel better if your worried your going to lose your money, alot of the worry is because people have way over stretched themselves as they wouldn't be worrying if they only had what they could afford to lose in here let's be honest. The index will recover at some point unless obviously it goes bust which i wouldn't have thought it would, the issue is we are in a pandemic of shit proportions with half the country on 20% less wage, Xmas round the corner and a threat of maybe losing their job, putting extra money in here at the moment is going to be hard so it's naturally a bit stagnant?



  • @MUFC I think people do still worry even if they don't have their life savings in - like I have a couple of grand in which isn't much compared to a lot of people and I have managed to save a bit over lockdown as I've been stuck in the house working and doing nothing. So I could afford to lose my 2,500 but it still sucks. I'm not gonna cry and write long angry posts if it goes, I'll have to suck it up and accept I took the risk.

    Then you also have people who have been on here years, reinvesting their divs and profit. Who may only be losing 1k of their own money lets say and 9k of profits. Whilst it's only profits they'll be losing, you can still get bit used to having that money sitting there.

    I guess I'm sitting on the fence a bit here, constant moaning only feeds the bad sentiment and doesn't add much to the conversation but also people have large amounts of money in here, whether they can afford to lose it or not, I think we should be showing some empathy.

    If someone is being a dick and is constantly negging the product and has some sort of agenda, then of course we should call these people out. But if we dont have enough to back this up, I'd probably say give people the benefit of the doubt.



  • I'm not on Twitter, what's it like on there at the minute lol?



  • @MUFC said in Panic stations:

    @Dan-The-Man the thing is no amount of reassurance will make you feel better if your worried your going to lose your money, alot of the worry is because people have way over stretched themselves as they wouldn't be worrying if they only had what they could afford to lose in here let's be honest.

    I'd imagine some probably have over stretched themselves but it doesn't matter how comfortable you are in life, nobody likes watching their money dwindle away, especially when folk spent a lot of time building their profits up, only to see FI kill the market again.

    the issue is we are in a pandemic of shit proportions with half the country on 20% less wage, Xmas round the corner and a threat of maybe losing their job, putting extra money in here at the moment is going to be hard so it's naturally a bit stagnant?

    Yeah, there's a perfect storm thing going on here but this is all part of the same crash that covered Brown Sunday and goes back to their removal of IS, and them allowing people to undercut each other. It's more about how FI manage the platform than it is about the pandemic. One of the most damaging changes to all of our ports was when they allowed us to bid under the price. I'm never going to buy a player at full price, if I can buy him at 40%. Why would I?

    People are stuck with a player who they bought at full price back when that was the only option, and their hold is instantly worth 60% less... BUT... they don't want to sell at 60% less, so they're gonna hold, removing volatility from the market... their players circumstances will change (he'll fall out of favour, or transfer)... and now the customer is holding a dud, who's going down in price, and they're forced to take what they can get, if they can get anything at all.

    That's the story all over the market at the minute.

    Not to mention, we have completely out-dated tools. The graphs show the BUY PRICE... rather than the SELL PRICE, so players can look incredibly flat, even when they are volatile. We get really poor communications from FI, where there's some future changes dangled in front of us, with very few specifics, but enough to know that more crashes will happen.

    Then there's the shady data, like the multiple ways to estimate our port value. They daren't give us a real Port Value calculation... IE, one that is based on what you could instant sell for, because they know it would scare the life out of most people, so instead they give us a ton of different ways to lie to ourselves.

    None of this is necessary and it's not pandemic related... it's just poor management and we're all hoping it will get better. Even with everything I've just written, I'm still having a ton of fun with the platform but it's entirely understandable that folk are going to turn up, scathing, given that they've lost thousands or encouraged a mate to join (at the request of FI) only to have their mate lose fortunes based on the companies actions.

    Think about it... if you bought Werner, he bangs in two goals during a champions league match and announces himself as the definitive penalty taker for Chelsea going forward... yet here is with no Sell Price, less than 24 hours later. That's gonna be utter soul destroying to those who understand the market, never mind confusing to those who are new, or casuals who check in once every now and then, etc.

    I guess all I'm saying is... there's plenty of legit reasons for people to show up pissed off, upset, looking for information, etc. We should empathise with these people, especially as even those of us who saw this coming, are still getting stung by it...

    These posts will happen over and over and over again... but ideally, we want these people to join our community and we want FI to see the feedback so that the company knows what specific user sentiment is. It's usually when companies listen to complaints, that they make the most improvements.



  • @NewUser674005 the problem is, in the FI casino, you can put your money on black and when the wheel stops spinning you find it has changed to green... In this casino they change the rules then back track a bit, then a bit more. Its a nice sentiment but unfortunately on this occasion it's not down only to user error.



  • @Dan-The-Man said in Panic stations:

    @MUFC said in Panic stations:

    @Dan-The-Man the thing is no amount of reassurance will make you feel better if your worried your going to lose your money, alot of the worry is because people have way over stretched themselves as they wouldn't be worrying if they only had what they could afford to lose in here let's be honest.

    I'd imagine some probably have over stretched themselves but it doesn't matter how comfortable you are in life, nobody likes watching their money dwindle away, especially when folk spent a lot of time building their profits up, only to see FI kill the market again.

    the issue is we are in a pandemic of shit proportions with half the country on 20% less wage, Xmas round the corner and a threat of maybe losing their job, putting extra money in here at the moment is going to be hard so it's naturally a bit stagnant?

    Yeah, there's a perfect storm thing going on here but this is all part of the same crash that covered Brown Sunday and goes back to their removal of IS, and them allowing people to undercut each other. It's more about how FI is manage the platform than it is about the pandemic. One of the most damaging changes to all of our ports was when they allowed us to bid under the price. I'm never going to buy a player at full price, if I can buy him at 40%. Why would I?

    People are stuck with a player who they bought at full price back when that was the only option, and their hold is instantly worth 60% less... BUT... they don't want sell at 60% less, so they're gonna hold, removing volatility from the market... their players circumstances will change (he'll fall out of favour, or transfer)... and now the customer is holding a dud, who's going down in price, and they're forced to take what they can get, if they can get anything at all.

    That's the story all over the market at the minute.

    Not to mention, we have completely out-dated tools. The graphs show the BUY PRICE... rather than the SELL PRICE, so players can look incredibly flat, even when they are volatile. We get really poor communications from FI, where there's some future changes dangled in front of us, with very few specifics, but enough to know that more crashes will happen.

    Then there's the shady data, like the multiple ways to estimate our port value. They daren't give us a real Port Value calculation... IE, one that is based on what you could instant sell for, because they know it would scare the life out of most people, so instead they give us a ton of different ways to lie to ourselves.

    None of this is necessary and it's not pandemic related... it's just poor management and we're all hoping it will get better. Even with everything I've just written, I'm still having a ton of fun with the platform but it's entirely understandable that folk are going to turn up, scathing, given that they've lost thousands or encouraged a mate to join (at the request of FI) only to have their mate lose fortunes based on the companies actions.

    Think about it... if you bought Werner, he bangs in two goals during a champions league match and announces himself as the definitive penalty taker for Chelsea going forward... yet here is with no Sell Price, less than 24 hours later. That's gonna be utter soul destroying to those who understand the market, never mind confusing to those who are new, or casuals who check in once every now and then, etc.

    I guess all I'm saying is... there's plenty of legit reasons for people to show up pissed off, upset, looking for information, etc. We should empathise with these people, especially as even those of us who saw this coming, are still getting stung by it...

    These posts will happen over and over and over again... but ideally, we want these people to join our community and we want FI to see the feedback so that the company knows what specific user sentiment is. It's usually when companies listen to complaints, that they make the most improvements.

    Just on this, for all of the mistakes I do think that FI do listen to traders. I’d be a lot less calm if they didn’t.



  • @Dan-The-Man you can quite easily see you port valuation on a sell now basis, go into your options and change port value


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