Don't panic sell
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There was an international break in October and many of my futures prices seemed to drop, I hadn't been in this situation b4 and panicked a bit, I sold a fair few futures with heartbreaking losses, as the international break neared it's conclusion I noticed a sudden positive change in all my futures plus the ones I'd sold with panic, I've now realised that many people put their futures on the market during these certain periods and once the games start to get close again they cancel their sales which shoots the prices up again, if only I'd realised this before 😭 so don't be fooled by this and make the mistake i made 💪🏻💪🏻
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I’m trying not to make any trades at all during this international break.
The majority of my futures are long term holds and it’s almost impossible to gauge any long term market value changes during international breaks.
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@Chris-J I'm going to try and stop looking at FI every damn 5min over the next 10 days haha
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Always hold prices may drop but after the break they always rise again everybody knows this game
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@Andy-M International break= FI Break
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@Andy-M Good post mate and I'm in the same boat. It's hard to resist checking my portfolio regularly, especially when at this time things seem to be going tits up...eg I hold shares in Kante and had the misfortune of watching his price fall from 1.53 to 1.05 today, with no valid reason in my mind why! It's frustrating to watch decent gains from the last month go backwards on a daily basis, but I am resisting the temptation to change things around, whilst crossing my fingers that things will work out in the end
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Interestingly for me my young players are holding steady or rising, probably because of the transfer window coming up in January. Whilst the FOOTIE has been heading down in -200's my portfolio has risen £130 over the past 3 days.
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Sancho, Pogba, Sterling.. media magnet time boys and girls!!!
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@HappyLarry59855
Heh, and what can I say here...🤔
My port as well mate, slowly and steady in good direction (not 130£ up cos my port is about 5x smaller) but I'm happy with any profit atm👍
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@HappyLarry59855 I’m in the same boat I keep hearing about everyone is in the red and all the doom and gloom an I’m sitting 205 in the green with no drops hope it stays that way
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Just to many people with small balls to make money u gotta ride the storm if your cutting your loses take your money out and put it in the bank because this ain't for u
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@Black-wolf I've gone down £80 today though. I'm curious about when Adam Cole is going to give his update on Goal and Assists and whether there will be changes to it.
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@HappyLarry59855 Another few weeks yet, four more from the 20th to see out the last period?
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@Ollie huh?? The last G&A right now is end of November.
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@HappyLarry59855 I’m still climbing but largely due to sancho
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@Black-wolf I sold Sancho at £6 then he crashed down to £5. I might buy him on the next crash if there is one.
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@Andy-M Yes, it's end of November, then you have to add on the months eligibility period which takes it to the end of December. I would be very surprised if FI make an announcement about it's future until after Xmas.
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@Ollie I expect an announcement imminently. The uncertainty is harming the market and restricting investment. They cannot let this fester.
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Why bother buying when we know an announcement is around the corner?
Money sitting in peoples account waiting on the news I would have thought
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@CraigM said in Don't panic sell:
shares in Kante and had the misfortune of watching his price fall from 1.53 to 1.05 today,
Hope you took the opportunity to top up (he's clearly a good hold) as he's now up @160 nice 2 day rise!
