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No It doesn't

Index edge is just a tool it's not some magic profit machine.

It's up to you to use it right and get the best out of it in which ever way suits your strategy

Being successful on the index is all about strategy and risk

Been thinking about the decreased confidence in the football index market a lot lately and thought i would share my way of dealing with it.

When most of us join football index If we were smart we put in a small amount of money and trade small
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The Majority of us had know idea what really made the prices move, let alone how to make a profit on a consistent basis, so we started trading small making our mistakes with very little risk so it did not matter as much if we lost money while learning

Once we started making progress we started gaining confidence and with that confidence we deposit more money and start trading with higher risk, we carry on making money start to love the platform deposit a lot of money and trade at our peak risk %

Now here is why the issues start to come when there is volatile market behaviour. Because we have been used to making a lot of money with a certain strategy at a certain risk % when our confidence was sky high, our mindset becomes fixed.

In a volatile market when there is a confidence drop What we should consider doing is going back to the basics that we used when we first joined. its the same scenario, we are not sure about the price moves and we are not sure about making profit

We need to learn again why the price is moving, we need to learn again how to make profit. so why not trade small and lower our risk so while learning again we are not losing as much money so it does not hurt as much! just like when we started

So when you buy another player and your confidence is low or the market is volatile why not open the trade with a reduced amount of risk until you have gained your confidence back

If u have a high % of risk in long term holds but like i was are haemorrhaging £100 a day why not scale down? commission you say? Spread you say? well If i would have acted 1 week ago and paid the commission and spread rather than waiting i would be better off! I no i am not the only one in this position

Yes football index as a platform need to make improvements. But where our money is concerned its out responsibility and we need to change our behaviour to suit the football index market not the other way round.

Going back to basics, de-risking, learning the market is working for me, im gaining confidence again and even making a bit of money doing it. Best of luck traders

@Ozzlebert Its better to think of it as % which is more of a true measure

20p on 10 £10 players and 2p on a 100 £1 players is 2% the same.

So of you sell a £10 player for £11 and a £1 player for £1.10 you still made a 10% ROI either way.

I do understand your point and flipping high priced players is something we should only do if we are confident in a decent rise. Ronaldo and Salah both seen 60p plus rises in the matter of 24-48 hours in the last week so its possible

It combines fun, income and a saving accounts. Whats not to love!

I done a video on the different trading bias and behaviours on football index that might be costing you money. If your interested the link is below

https://m.youtube.com/watch?v=cv-muQEToes

I voted no to a share split myself. If it's not broke don't fix it

Don't really care how many I hold I usually decide on my risk in £ terms so for example if I decide to risk £200 on a player I'll get as many as my £200 allows

Guys we are all looking at this in the wrong way. In the last 10 days Zlatan price has gone down to 40p and right back up to 83p. Many traders have got in at the bottom and made a very high ROI. We need to remember what is moving the market so much lately which is the world cup. Zlatan has been dropping hints which has fuelled rumours he might return to the swedish team for the world cup, also take into account the new traders from the uk and sweden who might not understand how the market moves, plus he has started with a bang for LA Galaxy. There is plenty of rationale for buying him at such a low price originally and plenty of traders have made money on him and traded intelligently. (disclaimer i didnt buy and dont own but imo i missed a great opportunity)

I done a video last weekend about this and how instead of asking why he is rising we should look instead at how we can take advantage of the opportunity.

Video titled high risk trading curious case of zlatan.

heres the link if anyone is interested. https://www.facebook.com/groups/footballindextradingjournal/videos/

Buying on the dips is great if there is a obvious short term event that will cause a rise. But otherwise its better to react to and buy on the rise

sold loads

I done a video on the different trading bias and behaviours on football index that might be costing you money. If your interested the link is below

https://m.youtube.com/watch?v=cv-muQEToes

@Noirx4 I feel the same mate

I would sell now and see if you can put the money to better use elsewhere. You seem to have answered your own question when you said they are unlikely to rise so why hold? a couple of losses is not then end of the world you wil earn that money back in no time on the index

I remember when i sold Neymar for £3.80 and doubled my money lol probley should have held haha

They can't do this because it doesn't comply with the gambling commission rules and regs of which they are bound too

Good read this. Really like this concept i would happily put myself forward to do a Q&A like this

Why are you guys such leg3nds?

#buildnastrategy
#fitradejournal

Over 50 youtube Videos

Started a facebook group with hundreds of members

Wrote two strategy E-books.

DMs/PMs always open for help and advice across social media platforms