I joined March 2019 and I.......
Be interesting to see others that have joined the same time as me, and share success and failures. Obviously if you joined in another month and year - title a thread the same and lets see how people have got on and share stories.
I have to date put £899.50 into my portfolio and if I sold everything quick sale, including dividends etc I would walk away £105.11 up, which is 11.69%.
I joined with the serious intention of anything between 4 and 7 % return would make me happy, so obviously nearly doubling that in a month is good.
The main thing I have learnt from this platform in the month, is don't panic sell, the number of times I have seen a player 10% down only to sit at 8 or 9% in the green is silly.
I try to have a balanced book, with 30 day flips, players that I sell as soon as they hit 15% ROI and also long term players - that said, the only long term players I have now are Marcus Rashford, Demarai Gray, and Tom Davies. The long term market is something I am going to have a real good look at around Oct/Nov when the inital Summer movements are complete and look at the young players loaned out from top clubs to further their development.
I have also learnt to make sure you buy the right player - for example D.Silva IS NOT B.Silva at Man City - you live and learn.......I will not sell at a loss!!!! He will become that class player he once was!
Check for injuries!!! Twice I have been bitten by this - De Maria and Ramsey the main two!
But what the two things I have enjoyed the most are this community - great set of people with exception of 1 or 2 pump and dump dick heads and also the fact I lose less on betting - this scratches the itch to have a bet without losing it forever. A player may be red for a couple of weeks, but then booom he's green and you can wipe your feet after commission.
OH, up another 5p!!!! And getting giddy over pennies!!!! That too.
1 - The injury thing:
I've been very badly stung by that too. It really is annoying. However, it's part and parcel of FI and I think it's so important to learn/accept that there will always be traders quicker to the trigger than you. Just ride the wave mate.
2 - Your deposit total:
£899.50? Put another 50p in please. That's burning my eyes.