@HappyLarry59855 i know his stats are licence by football index so maybe he will be their official data provider.
Fair play to him seems like a nice guy
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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
Team sheet news
General Footy stats
Think you need both but me personally I would use more fundamental analysis along with Mental analysis which would be
Documenting my decisions
Identifying strengths weaknesses and analysing my emotional reactions to certain market conditions
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
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
Had many a telling off from the rat catcher lol
No chance mate. As you said it's against rules the difference is fi is regulated by gambling commission unlike other investment you mentioned so is basically seen as a syndicate which would be shut down.
Growth atm is so good that no-one really needs it so doubt there will be demand for such a service at present.
Possibly in the future
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