@MrWh1te said in Breaking News: Proposed Dates For English Summer Transfer Window Announced:
This is a really interesting thread as it turns out.
I read it back, especially the bits that I got involved it and it's very clear why people have so many issues with my reasoning and thoughts on FI. It is simply because they don't understand trading and markets.
FI has created a monster in that they have created huge volumes of people who believe they are experts due to the fact they have made good profits. But they haven't made money because they are experts but simply because the market kept going up.
Cast your mind back to when I started on FI and these forums and you may remember that I asked question after question on my port. Yet never did I want to know if people thought a player was a good hold. I was only interested in WHY people thought it was a good or bad hold. It was clear from those early conversations that the people advising didn't generally know, and I made a lot of money doing the opposite in many cases.
As an example, I bet every single person here could tell you why it is good to be pumping into goalkeepers right now. We have seen people publicly declare they sold players at a loss to jump on keepers.
But I bet very few people could explain properly, with theory, why it is not a good idea. We have seen it in other areas, such as Igholo.
Making money from a trade doesn't necessarily make it a good trade and making a loss on a trade a bad one.
It is fascinating seeing the arguments people are making and why they are wrong.
Hang about @Coriolanus said I could buy 100 Mctominays at around £20 and sell at £10 even at £0 and still be in profit because I gained two trents basically. That maths is defo off and I’m not including what he could potentially earn you in tournaments as this was never factored anywhere in anyone’s maths. In terms of trading, yes you’re correct market growth has allowed people to make profits but tbh with you more often than not people will follow up with their pumps, or recommendations taking into account “market growth”, are traders bad if they knew their recommendations were going to probably grow because of market growth 🤔.
Ighalo for example is a bad trade however for a short period he was a good trade due to the way the market will work. Players will have days, weeks or even months when they can be classed as a “good” or “bad” trade. Stop taking the moral high ground and acting like your right all the time! I’ve stuck up for you aplenty but at times I feel like you can’t listen to other people’s views. No one is denying your a good or bad trader, I haven’t even seen anyone say that, I will disagree with you at certain comments about FI that is all, I’ve seen you say on slack “you think it’s the end of FI” and not mention the words “credible venture”. My argument to the Mctominay challenge is someone somewhere is sat with some losses on it hence the reason you even added caution when releasing it. I never said it was a bad trade at all I was just highlighting the fact not everyone will win from it.