What is best preference setting?
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What preference settings are people using for both portfolio and trading? What's most realistic?
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@Barkez_86 I just looked through them all and went for mid price as its the lowest one and probably closest to the real value if i had to sell up
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I always had the "buy price" If Its going to be a fake number at least gonna keep it consistant.
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Average offers setting certainly looks good 😂
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@Toptom You are definitely consistent with your constant moaning and whinging. You are worse than my missus, people do not want to read your constant drivel. Get a proper job man and stop gambling.
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@weerab I agree
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I've gone for the 90 day traded average which smooths out the spikes and dips and maybe is the most realistic ?
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Worried FI might have made a mistake forcing that weird averages port value on everyone...
Those not in the know will see a good rise, but then as people put proper offers on it might look like prices are collapsing and cause panic selling?
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@NewUser395079 said in What is best preference setting?:
Worried FI might have made a mistake forcing that weird averages port value on everyone...
Those not in the know will see a good rise, but then as people put proper offers on it might look like prices are collapsing and cause panic selling?
Yes. People see the sudden higher price and think finally I can get out with more money and everyone online rushes to sell. Hopefully there is enough depth to reduce the spreads rather than crash the prices.
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I think the 90 traded average is completely pointless, it'll stop you getting big peaks and troughs, but if one of my players has a big change in his circumstances, i want to see it reflected in his price/my portfolio so i can react. I dont care what someone was willing to pay for him 3 months ago.
The 90 day average might look pretty but as the market has fallen consistently for 2 months, it's likely that the 90 day average is going to fall every day for the next month at least to even it out.
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@Toptom shut up nonce
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@NewUser395079 Very insightful :)
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@Barkez_86 said in What is best preference setting?:
Average offers setting certainly looks good 😂
Nearly shagged my laptop when I saw that. PMSL.
Mid
90 Day
Buy
Average
So after all that excitement... I'll be... sticking with the Mid Price, just because it's the closest piece of fiction to the actual sell price, which is no doubt not even half way towards reality.
The sad irony, is that I reckon I'd have long since surpassed the 175% under the old system by now. It's like a "this is what you could have won" setting.
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@Zizou On that basis....mid price or buy now would be better options ?
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That Average offer price function will be fun viewing come the 12th December or thereabouts.
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@NorfolkCanary Mid price is definitely the closest and "most accurate".
I actually use sell price as i'm a short term trader and i know where i am with that, I've got the sell price/buy price and it makes it easier for me to place my bids/offers. I pay no attention to the portfolio value and track all my trades in a spreadsheet so i can monitor what i'm buying and selling accurately.
Even the price paid is wrong on most players if you buy at different price points as it averages it out to the number of shares and not how much you actually paid.
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mid price for me!!! don't see the point of fabricating to something too far from what it actually is!
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by IS price..... the only one they wont give us!
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I'm on Mid Price too. Had previous stuck with Buy Price as up until recently you could still sell at Buy Price if you were patient. Not the case any more. As such the most realistic value of your port is Mid Price. Today's a good day take the mental hit in perceived port value and re-benchmark
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I changed mine to Mid Price the Monday after Brown Sunday, my value was absolutely butchered, but may as well take the full load on the chin at once, right?
Recovered some since then, and I'm currently 12.71% down or so.
Bit of work to do and some good luck and I will be breaking even.
Fingers crossed.
