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    Chris C

    @Chris C

    B.Fernandes, J.Sancho, P.Pogba, K. De Bruyne, T.Werner, R.Sterling, L.Messi, M.Depay, J.Felix, J.Kimmich, M.Odegaard, C.Immobile, P.Coutinho, C.Pulisic, L.Alberto, D.Olmo, T.Kroos, M.Oyarzabal, R.Lewandowski, D.Upamecano, M.Greenwood, M.Sabitzer, A.Griezmann, H.Maguire, A.Hakimi, D.Malen, P.Max, G.Moreno, L.Goretzka, L.Klostermann, R.Lodi, A.Gomes, T.Almada, M.Halstenberg, A.Morata, G.Castrovilli

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    Best posts made by Chris C

    • RE: Market sell warning

      @MrWh1te

      As I understand it it will go like this

      So you have pogbas in the queue right now at 7.07
      So let's assume that the price at 05:59 tomorrow is still 7.07 just for ease.

      So at 06:00 fi turn the website off, they will then take all the pogbas in the queue at that point as of 05:59 will have a sell order created at a price of 7.07 all these offers will get stacked up in chronological order ie the Same as the original queue.

      Once all this is done, fi then turn the website back on the only orders in the system will be the ones created by them from the old queue, plus there own offers all stacked up behind the old queue at 7.08, 7.09 etc. So pogbas price should start at 7.07.

      It's then up to the rest of the users who are holding pogba to then list an offer which will then alter the price everyone sees. They can either match 7.07 in which case they jump ahead of your offer because your offer came from the queue and there's is a fresh offer so has precidence over yours. Or they could go lower at 7.06 and jump ahead of everyone else as they would be the lowest bid. Or they can go higher at 7.08 and join list at the back behind the queue offers and the shares put in by fi at 7.08.

      So at no point will your pogbas get sold at some low ball price unless you cancel your offer and put your price down yourself.

      So I don't think there is anything to worry about on that front.

      posted in General Trading Discussion
      C
      Chris C
    • RE: Good luck to those who shit the bed yesterday!

      So just got home from work, i think its great news about the dividend review and look forward to seeing what they come up with. I am just happy that the slide in my Port has stopped!!

      Not gonna lie, the last week or so have not been good at all, and yeah the thought had crossed my mind whether i should cut my losses, but in reality this was never really an option. Over the last week my portfolio tanked and so by yesterday i had about £9 left of all time profit left on a 2K port so the 2% commission (let alone the spreads) would have killed me, hence i stuck around. That and I do actually want to be here and i am still enjoying it, and that's the main thing.

      Over this period i kept a close eye on the forum and the "negative threads" i thought were actually quite interesting reads and very pretty balanced with views on both sides of the argument. Rather then instilling or emphasizing any panic I had. I found, as a relatively new investor, them to actually to be more of a comfort, in that i could visibly see that there were other people who were having a similar issue regarding the top 200, and the fact that these were regular posters that have been here for a while and therefore should know what they are doing, actually made you feel that, your port wasn't tanking because it was a bad port, more due market dynamics, most importantly it made you feel that there were many other people that were in the same boat, and with that comes the comfort, strength in numbers and all that.

      I think the situation would have been far worse if people had not started such threads so that there would not have been a place to discuss what was going on. What happened to the top 200 still would have happened except without a place for people to discuss opinions etc, we all would have been sat there in isolation all thinking WTF is it just me? or worse just made out like everything was rosy, i feel that would only lead to self doubt and would eventually lead to panic selling, as you would feel that oh well no one else having a problem must be me.

      After all that's why we have a forum is it not?

      I would hate for this forum to become a place where people felt unable to express their opinions either good or bad for fear of upsetting other users for not being positive or negative enough.

      So thank you for there various people who have either started threads and contributed to these threads relating to the top 200 blip we have seen over the last month or so, you helped me through the dark times, lets hope that the likely div increase that hopefully will come will allow myself and others the ability to trade on the top 200 players without the fear of the top end of the market crashing every couple of weeks etc.

      For me its not negative threads on the forum that cause panic its people looking at graphs of their portfolios taking an absolute nosedive (like mine did see below) and not having an outlet to express WTF is going on ?

      0_1570559856552_upload-9b307261-8299-4db8-86ef-dbfb0c07e369

      posted in General Trading Discussion
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      Chris C
    • RE: Convince me to sell/keep Sancho

      I would keep personally I see sancho a a long term hold, and plan to use any dips caused by injury to top up

      short term reasons

      1. We don't know if rashford will make it back for the EUROs if he doesn't then i think sancho is straight into the starting line up. remember that the PB divs that has won came with england so why not be holding him for that tournament.

      2. yes the transfer to man utd is already priced in, but the absolute slew of media divs that will come before, during and after the transfer is yet to come do you really want to miss out on them.

      3. Is he someone that you might think that you want back at some point eg start of Euros if yes then why sell now, don't see the point to doing that. (apart from the bank you profits now arguments incase he gets injured or whatever but how likely is that)

      long term reasons

      1. Surely you bought him to hold long term so why would you move away from that in 3 years he will only be like 22 or whatever and will still be hot property on the index.
      2. Sancho is a player that i think fits into a few cycles when they come around Euro holds/general PB/Youth/Transfers hence IMO whichever cycle of the index we are on sancho will always tick a few boxes and then get bought by people no matter what so in 3 years you could well have more then 5.38 per share profit lots more, as he is odds on to stay king of the index for a while.
      3. in 2 years time messi will be gone as will ronaldo and neymar hits 30 yrs old and we all now what happends to players on the index when that happens, that neymar money has got to go somewhere and with another 2 years of developement time whos to say that it wont all go to sancho, with him still being young and quite possibly could well be one of the best PB players out there.
      4. growth of the index, £9 now might be equivalent to £12 in a year or two's time time without any significant changes.

      personally the only thing for me that will cause me to sell up is the expiry date on the shares i have bought in him. Beyond that i think he is one of the safest holds on the index

      But thats just my opinon, make of it what you will

      posted in General Trading Discussion
      C
      Chris C
    • RE: I'm in freefall

      Hi Incolrabaaz

      As others have said its difficult to really say what the best course of action would be for you without seeing the players your hold and the P/L positions for each one. But the the general advise i would give you would be this,

      1. Know your trends/cycles:
        For example if your port is full of young "next big things" and it doesn't happen to be the current cycle of FI then of course you will be losing value, that's just the nature of the market, just ride it out and when that cycle comes back you will be fine. Also to be fair this has been a crazy weird week in the respect that if your name isn't Bruno Fernandes, then you probably getting IS. Basically that massive Bruno serge has got to be fulled buy something and i would expect a lot of people have lost a bit, but if they are also holding Bruno then these losses will have been offset some what, that be the benefit of a diverse portfolio.

      2. Be aware the pitfalls and advantages of holding lots of shares in players:

      If you are holding large amounts of shares in relatively few players which seem to be the general trend on here, then its worth noting that whilst the advantages of doing this are obvious, what nobody ever says is that adopting this method it can go both ways. Look at your players in your port and check the actual amount of pence that they are down, even if its only a few pence if you have say 500 shares then this small drop will look magnified and psychologically it will make you feel like giving up, but i would always just advocate a restructuring of your port rather then just quitting the index. Have a look at the costs of each player as a percentage of your total port cost, if you see that you are overexposed on a particular player and if you are then maybe just redistribute funds around to balance things up so that you are not so susceptible to an injury or bad form.

      1. Remember why you bought the players you have in the first place, you got 3 years to turn it around:

      Have a good look at your players and try to come up with reasons why they are dropping in price, if there has been no material change in the circumstances and you still believe in the reasons that you bought them for then there is no problem keeping them.

      For example: Mr Fernandes again, at the beginning of last summer he was hot property, his price was relatively high at the time and then the move fell through, massive crash in his price followed, at that point many people would have bit the IS bullet because all they could see was the massive amounts of red in their ledger, if you asked any of those people who kept the faith and held through it all how they feel about it now, i am pretty sure they would all say that they were glad they held on. Moral of the story is that things on the index can and will change sometimes this can be a quick turn around e.g. an off/on/off transfer saga or sometimes it can take a bit longer, such as fernandes or zyiech being another good example of it taking quite a while to turn a position around.

      Look at your players and try and assess a timescale for when a turnaround might happen, and if this acceptable to you then just wait it out, remember that a loss is not a loss until you actually exit the trade.

      1. Data is your friend so collect some so you know how your performing over the long term:

      Another top tip is if you can be bothered, make yourself a graph of your portfolio value. I know it sounds like a lot of work, but really it is not, just pick a time of day and record your data into a spreadsheet at the same time everyday, takes like a few seconds but the benefits of doing this is massive. I cannot overstate this enough, being able to track your overall performance over time settles your nerves a lot. You soon realize that many drops that occur are so minimal in the context of your total port and after a while you stop freaking out about such things, cause you can see that the same thing happened like two weeks ago and guess what everything was fine, so why should any other drop be any different. Also when you see rises your graph starts shooting up whoosh!!, gives you such a physiological boost. This is my graph, as you can see aside from a blip at the start of October, which was scary as fuck, its all been a generally upwards trend, not massive growth month on month but cumulatively i have made 30% or so on top of my deposits including dividends, which is nice.

      0_1583102290752_upload-5bb9f617-c635-415f-a7d0-ea2d02530e03

      1. Dividends are king!!:

      Having some players in your port that win divs on a semi-regular basis helps a lot with your cash balance, and negates the need for you to IS your holdings to jump on some trend, this allows you time to not accept a loss so giving your players time to turn it around naturally, once they get back on form, you will be surprised at the amount of people that will get back on that player, which then negates your loss and the need to sell.

      1. Always market sell!!

      If you are worried by the amount that you are currently losing then market sell obviously, why would you want to add to your loss by paying the spread and commission, my strategy would be so only IS as an absolute last resort.

      Anyway that's all i got mate, after 6 months or so experience of the index, hope it works out for you, this is a great platform and there is money to be made and i am sure it will turn around for you.

      posted in General Trading Discussion
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      Chris C
    • RE: The Mr Lazy approach

      @Yellow
      This is basically what i have been doing for just under a year since i joined. Just bought premium players and sat on them, racking up the divs / CA and not spending it all on Commission and Spreads. Given me a ROI of 57% ish (about 20% came from divs) which in real money is like £1300 total quid return on a bit over £2000 deposited. Whilst its not the biggest cash haul ever as you say, its not bad for doing nothing, certainly beating the bank any how and i am very happy with the return for my first season, something similar next year would be great.

      posted in General Trading Discussion
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      Chris C
    • RE: Feeling Frustrated

      @Erased-Citizen

      Sorry long post incoming, but you asked for advise so i am gonna give it based on my experiences of being here for just over a year, 60% ROI in that time shows that i must be doing something right.

      To be fair i think that you have the right idea kinda in building yourself a base of players with a good potential to win divs, I do believe that's the way to build a successful port.

      Personally if it were me there are a quite a few players that you have which i would get shot off ASAP, then i would use then recycle this money onto the players that you want to earn you divs then go from there.

      I know that you wont want to hear this but for me Gnabry would be first on the chopping block. The guys price is built on sand (2 freak performances over an entire season, yeah if he does it again his price might explode, but is that rise really worth it for the rest if the time as money slowly drips out of him as more and more people lose the faith) Next on the block would be Jesus, again massively overrated in my book . Dybala there is a definite argument to keep him, but for me he is another one that blows hot and cold so his price goes up and down accordingly, which is fine as long as you realize whats going on and don't panic sell. Rashford is a keeper for me, truth is that any of the big utd players are good holds for the long term, And don't listen to the shit that people saying about him on this thread e.g sell Rashy because he is competing with Bruno what a crock of shit that is, Rashford is a fwd Bruno is a mid i.e. they compete in different dividend pools so NOT in direct competition if anything an on form Bruno helps Rashford with all the assists that he is going to give him. I mean if you follow that logic then no one would ever buy another forward other then Messi cause Messi is the best PB performer out there so in effect Messi is the one providing the competition not just for Rashford but literally every fwd on the index. As far as the greenwood situation goes, i think you have called it right Mason will get bleed into the team slowly, Ok so he has played well last couple of games and will start the next and he is a good player excellent PB base for one so young. There is a lot of short term FOMO going on with him at the moment, to be fair i am weighing up getting some more of him myself (because the fact that i only have 10 shares in him is criminal nice 3.89 buying price so i got a bit of profit tied up in him to eat up), but long term i think at this stage you have to assume that Sancho will come in next season, so this will limit game time for greenwood i.e. he will form part of the rotation system in the front 3, so i think there may well be an opportunity to get on at a cheaper price then now, if you want to wait.

      I think out of you port i would keep the following and get shot of the rest (reasons below)
      Keep list
      Neymar/Pogba/Rashy/Dybala(but he needs to start producing or he will be next on the block)/Jota/Zaniolo/Goretzka/Halstenburg/ if you fancy a punt on a non PB player then Szoboslai is probably one of the best out there for that atm so i would buy some more of him just to sit on for 18 months/tah i would keep as he can come good/Aouchiche yeah keep him as part of your youth trend player, but i think its at least 18 months to 2 years before he starts returning regular wins up to you if you want to hold that long with little returns, but has the rep and the pedigree so will always pick up CA over that time.

      Sell list
      Thauvin i think if he was ever going to do anything he would have done by now that fact that Marseile and has been for a while tells you all you need to know. Kulusevski best case scenario for him is that he gets loaned out probably to a 2nd rate Serie A team worst case scenario he just ends up buried under the mountain of midfielders at Juve and he doesn't get game time, either way its not great Coman liable to break at any given moment and now increased competition from sane who is at least 3 times the player Coman is, for me that's a definite get rid but i know that's an unpopular opinion. Piatek, urm there might be an argument to keep until next season see how he goes but to me he looks like a one season wonder but unfortunately that one season was 2 years ago. Gies and Gonzalez I must admit i don't know who these guys are, my bad, but i do know a fair bit about football so the fact that i don't know them means that other people might not know them either, hence why they don't go up in price (prices up until when full OB come in are nothing more then a popularity contest the bigger profile as a player you have then the more people buy the higher the price goes, similarly players with next to no profile just stagnate or go down) Golovin is a good PB player he can win you divs but monaco have not been a good team for a few years and mid table obscurity is never good for anyone's price, so yeah keep if you want but not for me. Laimer to be honest i looked at him a while ago i thought he was value, but after watching pretty much all of RBLs games this year, i think that he doesn't get forward enough and doesn't get enough goals to every really trouble the top of PB rankings, and for me there is also a massive ? about RBL in general next season a lot will depend on how they replace/adapt to not having Werner anymore it could go either way imo, you have the same problem with Sabitzer and to be fair i have the same issue and i am undecided whether to keep for next season. if you want some additional cover in the RBL midfield i would suggest Kevin Kampl as an alternative to Laimer, he just seems to have a bit more about him more goal involvement and more likely-hood of winning but even that is a stretch as there are better players in the RBL team. B Silva quality player but playing pep roulette every week and serious competition from KDB i think holds back his price, but i don't think he is a terrible hold so that's a sell if you have had enough or a keep if you still have the faith no wrong answers on this just go with your gut. Kleindiest I think you either need to keep for at least another year (unless he gets transfer spec then sell on the rise which is now all you have left on this bet) or you cut your losses and just put it down to a punt that didn't come off, to me you might as well keep but up to you.

      I think you list of possible new buys for your port is generally good (other then the the players mentioned above) For the next year or so i think TAA is a must so glad you have identified that. (need to get some in myself or next season)

      As for index trends, the honest truth here is that you cant be blamed for no knowing when you first start everyone gets tripped up by this, it takes time to identify understand them, but now that you have been here for a while you should have a better idea of them. For me the way i handle this is through diversification. You have been around along enough now to know what the main trends are e.g you got your div earners trend, your youth trend, the PB to MB switch trend as the season goes into summer, then there is your mid season January transfer spec trend, to name a few there are probably more. But to deal with this its pointless trying to predict when each one as it happens (all that does is stress you out and by the time that you realize whats going on its too late and it just costs you time and commission which is not what you want) So what you do is you rebuild your port (with the money that you have got with the duds you just sold) with these trends in mind. Honestly get a pen and paper go through each trend and make a list of players that fit into each one, factor in whatever other parameters you want and then whittle your list down and try to have at least 3 or 4 players for each trend. The point is that you have a foot in each camp so it does not matter which trend we are currently going though as you will always have some players that will benefit from it, so one part of your port goes down cause its off trend, but another part of it goes up cause its on trend. okay you might not always have the biggest riser but you will always have some risers to offset any losses.

      When you are re building your port try and build it more evenly i think that half you problem is that you went to big to quickly on Certian players eg Gnabry so when it all went to shit you were so over exposed to that one player that it dragged down the rest of your port because you have nothing to compensate those losses so try and build steadily and don't allow any one part of your port to take over the rest (if you want to have a lopsided port ok then fair enough but over extend on the div earning part of your port because at least they chip in regular payments to offset any falls in price). This is my pie chart of percentage of portfolio costs this nice smooth even approach has done well for me and i think it can do well for you too.
      0_1594135864472_upload-4cc9c08c-b6d3-4e4e-a374-6340bab69eef

      When you buy your players its always good to think about teams as well as the players themselves, Use what you know e.g. Bayern/PSG are pretty much unstoppable in the german/French leagues and that isn't gonna change anytime soon Bonified fact!! So there is no harm in going in heavy and covering a few positions, i quite like doing both full backs, 1 or 2 central/attacking mid and 1/2 of the striking positions. Reason being is that if a team smashes it on one week e.g. bayern win 6 - 0 or something then chances are you will win def PB with the CS bonus and maybe a goal or assist but most of the assist are probably coming from midfield but that's fine cause you have 2 positions covered and a score like that there is a decent chance that someone has hit a hatty so yours odds on for fwd PB, but even if a team do have a really good game there is always one guy that does nothing, so by covering multiple positions you improve your chances of winning PB divs over multiple positions on the same day and you reduce your chances of holding the player that doesn't do well, or even if you do hold them, you probably also hold the players that did really well so no harm done. So in this example if you had bought into Pavard / Davies / Kimmeich/ Lewandowski at the beginning of the season then you would be pretty happy about now, far happier then if you had just bought Gnabry or just Coman or just lewa. So think of some teams that you think have a 75% + chance of getting in to UCL positions next season and then back them, Germans are the easiest to do this with i think its pretty likely it will be Bayern/Dortmond/RBl then either
      leverkussen or gladbach, in spain its Barca/Real/Seville then either Athleti / Sociadad, in France PSG/Lyon (if they shape up and dont sell everyone)/Rennes/Lille even the EPL is getting easier to read LPL/City/Utd/Chelsea . In italy its JUVE/Inter looks like Lazio have joined the party this year maybe Atalanta. So the point is that you already know which teams are going to be fighting it out so go a back the players in those teams, rather then trying to find the surprise package team/player that comes from nowhere, that shit is hard to predict and will most likely fail. You can still be selective tho, eg at the beginning of the season (few weeks in lazio started to look good like they were gonna do something but on assessing the team it turn out that they only have 3 decent PB players Luis Alberto/Immobile/SMS (maybe Acerbi depending on what sort of age profile you want) so just cover those 3 positions and you cant go wrong. Another way would be to take atalanta for example watching them this season you see that they cant defend for shit, so if you want to cover them you cover the attack and forget the defense, a good all round team e.g. Seville you can spread it about a bit more to reflect that their players can return divs in all 3 positions.

      Last point your 3 spaces that you have for short term trading, yeah its a good idea to have short term strategy but again rather then allocating specific spots in you port for this, better just to keep a permanent cash balance, then jump on an opportunity when one comes around, keep it flexible. Trying to nail down who the short term risers will be is pointless it wont work because you cant predict the unpredictable ( I don't because i just don't have the spare cash to keep a cash balance permanently but i do believe that this is the way to do it if you want to go down that road).

      hopefully i have not come across all condescending apologies if i have i am not trying to be, but at the same time i don't want to sugar coat it either, at the end of the day your port value is what it is for a reason and whilst if you wait long enough it will most likely come good in the end, i do believe that you could benefit from a restructuring if not a full re build.

      posted in General Trading Discussion
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      Chris C
    • RE: Buy orders offers that holders want

      @ocs123 said in Buy orders offers that holders want:

      I want full market value for all of my players.

      Order books can kiss my whole arsehole.

      Getting Full market price should not be a problem

      There are always going to be people that 1. don't want to have their capital tied up in shares that they cant actually see in their port and cant earn money on (either through cap app or divs) while they wait for there bid to be filled, and 2. It will take a long time (if ever, if the bid drops out the queue due to price rises) for low-ball offers to get to the head of the queue (i.e actually form the IS price the selling trader sees) this is not suitable for traders that want to get on a player in a time sensitive situation, e.g. the day before match day for example.

      Hence there will always be a stream of people who will still buy using the BUY NOW option, these orders will be filled first by the people that have their shares in the MS queue (e.g. people that don't want to sell at a discount) and thus we can all still sell at Full market value no problem so long as the player has some time sensitive demand for them. The matching engine thing will not change that in its current form.

      Another positive is that all the flippers and people that IS at the drop of a hat for no reason etc will be able to do that (probably for a better price then they ever would have got out of FI) without crashing the players price for everyone else (because they are selling to other traders not FI so the share is not destroyed on completion of the sale, thus the delta controlling the price will tick down when trader one hits IS and ticks up when the bid from trader two is filled i.e. no net change) so prices will remain higher as there is no downward pressure caused by IS in the way that it does under the current system. Prices themselves will still go up, as the MS queue runs dry and FI themselves have to start issuing the shares, maybe they don't go up as quickly as before but that fine because they wont be going down either (how many times do you see sales for your player go through the ticker, you see his price go up a couple of pence and your like yay! only for some guy to go IS 1800 shares so that the players price goes back down again). As it is now say your player hits a hat trick and his price goes up 20p, only a lucky few will be able to get out at +20p because of all the people that are using IS to get out of the trade at that point, so the chances are you might only be able to get off the player for +15p or whatever because by the time you have got to the front of the queue that many people have IS before you got there (because they didn't want to wait it out in the queue for whatever reason). With this new system the player might only rise to +17p but he will stay at +17p (because the IS crew wont be having a negative effect on the delta and therefore the price) for longer which allows more people to get off at the peak price, and so more people make more money etc.

      I think of this matching engine as normal market sell but in reverse. Normal market sell you wait longer (compared with IS which is instant) but sell the player at top price. Matching engine you wait longer (compared to BUY NOW which is instant) but you buy the player at a lower price up to 40% discount below normal market value.

      So long as you are selling at the right times you should end up making more money then you would do now.

      posted in General Trading Discussion
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      Chris C
    • Champions League Draw

      Dortmund v PSG,
      Real Madrid v Man City,
      Atalanta v Valencia,
      Atletico Madrid v Liverpool
      Chelsea v Bayern Munich,
      Lyon v Juventus,
      Tottenham v Leipzig,
      Napoli v Barcelona

      some tasty games in this lot, tough game for city, Valencia seem to have got the best of it.

      First legs on 18, 19, 25 & 26 February, second legs on 10, 11, 17 & 18 March - seeded team plays second leg at home.

      posted in General Trading Discussion
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      Chris C
    • RE: 3 year bets expiring

      @Millonarios If you go on the beta site you can download your history into excel, then just sort by date, go from there.

      posted in General Trading Discussion
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      Chris C
    • RE: Losing money hand over fist

      Also remember that the FI market goes in cycles as well, so at some point money will go back into Non PB youth, but when no body knows. If it makes you feel any better I know how you feel cause a few weeks ago i was in the same position except the exact opposite, where money flowed out of the top PB players and into non PB youth, thankfully for me the new div announcement came just in time and everything is now good. So the moral of the story is diversify, so that you are not over exposed to the changing cycles of the market.

      posted in General Trading Discussion
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      Chris C

    Latest posts made by Chris C

    • RE: Share ur port pic!!!

      Screenshot_20201105-223855.png

      posted in General Trading Discussion
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      Chris C
    • RE: ATITH Meaning

      To be fair I took me a few days to work out what it meant, but got there in the end, I won't spoil it for you, but it's one of those ones where you kick yourself for not getting it lol

      posted in General Trading Discussion
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      Chris C
    • RE: Double Dip?

      @Gazz127 Yeah i cant work out the Mbappe rise either

      @Gregolocky I agree with your bruno theory i was thinking the same with regards to the profit taking bit i think he will still get his fair share of media though despite sancho so i don't see it as much of a problem, but we will see i guess

      posted in General Trading Discussion
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      Chris C
    • RE: What’s the thinking behind the buy price algorithm?

      @Erased-Citizen

      I think being able to see the depth will be a game changer,

      Short term, yes some nice div hauls over the next few days and weeks would be most welcome.

      Got some sancho and pog divs (fingers crossed) coming tomorrow so that will be nice, if some of my players can do a madness in the PB stakes over the weekend i will feel much happier i think. Thankfully I don't really trade for CA to much, just for divs and i got 1 year and 9 months before my oldest shares start to expire so plenty of time to get a decent exit after this shit storm has ended and plenty of time to earn some dividends in the process, I have no doubt that the index will recover and things will chill out a bit, football back on will definitely help with that.

      posted in General Trading Discussion
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      Chris C
    • RE: What’s the thinking behind the buy price algorithm?

      Yeah not great, my all time profit dropped from about 52% to about 42% without much of a recovery to speak off so far, but i remain hopeful of a comeback.
      Hands down yesterday was by far (like 3 or 4 times bigger then the covid dip) the single biggest 24 hour loss in value i have had in over a year or so of being on the index leaving me back to where i was just before FI dropped GKs on us in that div review, which does kinda suck.

      Still could have been worse!

      Glad to see that you are still hanging in there in positive territory.

      posted in General Trading Discussion
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      Chris C
    • RE: What’s the thinking behind the buy price algorithm?

      @Erased-Citizen Yes you are understanding it correctly, personally i think they went 300 just to match with the ME which is just as volatile but is not linked to the port value that we see so now one really noticed or minded. But now its up there in green moving about all over the place people have gone a bit crazy.

      To be fair its at FI discretion to change this as they can with the bid/offer zones its one of the levers they have to pull, but i am not sure if they will, depends how much noise people make about it i guess.

      One thing is for sure though now that we have these OBs this coming marketing surge needs to be successful in order to pull in enough people to be able to support both sides of the market like this. Roll on Nasdaq and some institutional investors please, because your average bloke down the pub with a £20 note every week ain't gonna cut it.

      Incidentally how did your port fair yesterday, are you still in the green?

      posted in General Trading Discussion
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      Chris C
    • RE: The Reason For The Massive Drops - recovery comes with NASDAQ!

      @NewUser412886 correct

      posted in General Trading Discussion
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      Chris C
    • RE: The Reason For The Massive Drops - recovery comes with NASDAQ!

      @NewUser412886 Nah FI will only issue shares again once the price rises above the point where the player was at when they implemented the system. i.e. just before implementation if a players price was 6.00 then FI will issue shares from 6.01 onwards, before that you are buying from another user

      posted in General Trading Discussion
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      Chris C
    • RE: What drop did your port get at 4pm?

      Have order books at least provided liquidity for those that wanted out? After all increasing liquidity was the reason for introduction in the first place. What are people's feelings about this, is the drop a price worth paying for a market that flows much better?

      Also bear in mind that what you are seeing now is the very bottom of the offer stack so it looks really bad, but remember their should be a stack of much higher price offers behind them, surely not everyone that held pogba for example is happy to get out at rock bottom prices but still wants out.
      Unfortunately as FI launched offers without the facility to see any sort of depth, we have no Idea where the bulk of the offers lay. For all we know there are only 300 shares at rock bottom offers price and many more higher up at more reasonable prices. So it's not all doom and gloom and these drops we are all seeing could be short term if the offers at the bottom are taken up quickly. Just like we see with the ME were prices can jump down a few pence at a time, we should see the same on reverse on the sell side. The interesting bit will be if we do see so jumps in price as low offers get taken up will the IS price follow it up?

      posted in General Trading Discussion
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      Chris C
    • RE: What drop did your port get at 4pm?

      yep lost about 7% of my port value today, puts me back to where i was just before the div review so easy come easy go i guess

      posted in General Trading Discussion
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      Chris C