I sold up
After enjoying index for first month I stupidly
sold up ysterday although i still ended up infront
I’m now reluctant to start again.
The forum unfortunately did most likely lead
to my downfall I’d got theories bouncing of
my head what if all the big boys have decided
to put 1000s of futures into the sell queue effectively trapping the newbs who want to sell
there 5-10s in players. I’d imagine pretty much
everyone who signed up same time as myself did
similar and yeah I could start again but now Monday potential deposit bonus if I’d kept in and
topped up Monday I’d be so much further ahead
than I’m goin to be if continue it puts me off.
Seems a rant but for the index to grow massively
people need the newbs to stay not scare them off
and pick up a few cheaper shares short term
need to work on your rhyme scheme rock....
also; nothing wrong with starting again if you fancy. some people even like having a fresh start. good luck if you do - otherwise, just enjoy the profit you made!
Dan The Man
Rather than looking at it like you've sold up.... look at it like you've freed up your capital to tidy up your portfolio for the season ahead!
You've sold up at a good time as it gives you plenty of good oppurtunities to reinvest. ie the announcment you can catch the waves with all your money. Or you can wait till the begginning of next season. Or you can play loosely over the transfer window and jsut focus on monitoring a couple of players instead of having to worry a whole load. I'd like to be in your position. Instead I've got to worry every day about felipe anderson going to china.
Appreciate the replies I can’t believe I took
the bait think it soured it for me that I did
what some users hoped the new members
I've been on here for 6 months and made a ton of mistakes and to be honest I make the occasional bad one still. Main rule to follow is if you have researched a player well enough and his price is dropping but nothing has changed dont panic and use it as an opportunity to buy more shares. You really have to trust your gut on a player. Stick with it mate you wont regret it i'm sure.
@therock it took me half a year to break even, making mistakes, flipping, being "unlucky" but have patience and assess the situation now. You don't need to reinvest the same amount but I reckon you'd regret it if you don't.
Best of luck pal, pm me if you want.
Dan The Man
If you can afford to pick up a broad portfolio... that seems to be the safest way to make money.
40 ish players. helps spread the risk.
Sure, you'll lose out on some, but simply the way the market is growing, you'd have to be very unlucky to not see growth.