My port has become stagnant, probably like many I'm in limbo, can't do anything. Can't even sell up without a big loss. Many of us reshaped when the matching engine was introduced, and the effect of COVID. I got all my players 15-20p under what was then their market values. Since then most players have tanked with players stuck in sell queues, IS spreads are huge so it is impossible to sell unless you want big losses, even at Market sell, no one wants to buy a full priced player. How are order books going to help that? Forgive me if I have missed something, as I haven't been staying focused (lost interest) with developments. Are in play dividends going to be enough for people to go and buy a full priced player, don't think so, surely other incentives need to be added. When will prices recover? It's fine for anyone just coming into FI, until the next evolution of the platform. Right now i can't see how order books alone will change my position.
Yes echoing a lot of traders thoughts here. They will have to do a net buy bonus when sell orders come I think. But yes overall they've screwed existing portfolios up with gk introduction. Putting an article out soon on how I've traded since the announcement.
Be interesting to read that. They keep moving the goalposts. How and when are they going to help long established traders? Do we try and sell up and restart, or wait for order books and then cut losses? I'm keeping off until something is done, or I'll just quit and move what's left elsewhere 😉.
90% of my port is up for sale with a mind to removing all deposits and some profit and then have a small gk port with a few outfield era kept too. As it stands I see no point holding a lot of my port, there's no room for growth on many and too much fear of a no sell later down the line on the rest.
I fear the same. If there is no outlet to purchase players at market value all orders books will do is drive the market down.
Like others have said list to market and keep your fingers crossed something happens to entice someone to buy. My port is made up of a lot of £1 ish players that I thought were good buys at the time. If you need the money quick I’m sorry but I can’t see you getting it anytime soon. I’m confident I’ll get out by Christmas 😂
Something up with the index forum?
Yeh been closed for about 16 hours now. Maintenance apparently... I'd imagine some rules being put in place and maybe some new features or they needed to clear some space etc.
Cheers. just had the media review email. It’s not really going to affect my port but could devalue Bruno etc.
Cheers. just had the media review email. It’s not really going to affect my port but could devalue Bruno etc.
Yeh not sure I trust their statement that removing "United" doesn't affect utd players much lol.
Still no sign of the forum opening😂 It doesn’t give me much confidence for going forward if they can’t leave the forum open. Anyone shifted players lately?
Mandi, Guerreiro, Geubells, Paulinho all gone or nearly gone. Might try and buy back Guerreiro though.
FI said there'd be an announcement this week... Hopefully something tastey like new territories or more market makers... If its just some waffle about sell orders coming or nasdaq itl be disappointing
That’s good news ,I’ve missed that announcement. If it’s another spend a tenner to enter the raffle I’m giving up.
Well that’s the announcement. Mid position port value will give a few people the shits. 2021 start of shares expired getting enforced. Bit underwhelmed by it to be honest.
Yeh boring. Why bother making us look forward to that. Pretty much stuff we are already waiting for. Some interesting points though... "markets" was used twice, once perhaps referring to the inner markets of FI, but the first one maybe reveals they're developing other ones too? And the mention of having to make changes for users that otherwise wouldn't engage with them... Must be financial types showing interest but wanting it to be like the stockmarket more.
Guerreiro change of position gave him a boost? I saw on Slack the Don has shifted hundreds of players. He must have listed them months ago.
Yeh Guerreiro was doing well enough listed as a mid, so if he stays Def I think hel get some decent pb scores for divs and totm... Just a risk of him being changed back to mid, but il just bid lower than my sell price so I've banked some profit and renewed his 3 yrs (if that's even a thing yet)
I’ve gave up trying to market sell my players and am slowly managing to IS most of my players. Not sure if people are aware but the IS price is often better than what’s displayed. I’m selling 10 shares at a time at a not bad price on most of mine. I’ll hopefully be able to get out most of them over the next few weeks. I might leave a bit in my keepers. I’m amazed that I was that confident in FI that I had 19k in it this time last year, how things change...
Did anyone else receive the 10% trading bonus email? 10% up to £250 back on your net spends for a week. There was a time when I’d be tempted.
Been away. Returned to it being expired. I would have used it on some gks and Neymar. Then saw there's another div table coming!? So bought some Neymar anyway, but must say I fear for my gks now!
Good break I hope. Surely they wouldn’t do away with GK dividends now? I’m more interested in how they are going to increase liquidity now.
No way can they get rid... But I think they'll look to address the balance of value. Sounds like a group of big accounts and social accounts got together and put a complaint in about gks being added. So I think we will see increases on ipds, Def, mid and fwd, il be surprised if gks get anything, but the ipds will help them further. Ipds help liquidity. Better divs for top end help the whole market. If they get this right, the good times will come back!
Yeh good point about looking into the bids on offer... Ive managed to sell some shares in players at good prices and buy back much cheaper
The index looks to be back in health after the dividend review. Some money piled into Messi this week considering the COVID. My port has hardly risen but I’ve noticed the spreads tightening on a lot of my players, wether that’s the market makers or new money I’m not sure.
I think it's traders putting better bids in now confidence has been lifted. Great divs I think, still increased risk, but with diversity being key I think it will boom over next year if marketing is successful
Yes just a lot more positive feeling and that’s with no football on yet. Guerreiro still going strong.
Hopefully improving, still had most of my port on market sell for months without a sniff. Instant sold some dead wood.
Fun question. From this moment if you were brave and lumped all your port value on one player, who would it be 🙂
Would be a massive gamble going for cap app, so I'd go Neymar for a yield and fun seeing the divs roll in. U?
Lewandowski for a season, Pavard or Gnabry
Yes liquidity is definitely improving but still a lot of players with little chance of getting out at a decent price. I think I’d put it all on Kimmich.
Well no idea how today's pricings are worked out. Players who i had in profit above IS with very little spread, now with bigger spread and profit wiped off or in deficit. Yet Aouchiche stayed the same. Rashford 78p profit now 50p down. Wished I'd have IS'd all above the spread.
Port value dropped 18%!!
I’ve been a bit out the loop about things that were planned on FI. My port has dropped about 20% today, most of the profit I’ve accumulated over the last year. The only way is up I hope!
Mine is still dropping... Over 5k down... I know the previous figure was never achievable, but yes seems a mess with understanding port value as lots of players still seem valued at buy price not bid price, so damage could be even worse! FI can't have us all unhappy for long though so I think just ride it out... Possibly a chance to clear rubbish albeit dirt cheap but buy gold also dirt cheap.
Dropped more overnight for me. Those market makers are going to need deep pockets to tighten things up now. Will there be another big drop on October 1st when the sell queues are scrapped?
Possibly. By then though I think the buzz of the dividends coming in might start picking up the market. Does feel like about a year now I've been relying on dividends to keep my port value steady. But surely the 10p ipds etc will be sought after. Lots saying there will be a bonus period to cover FI's 5th birthday and the sell queues going.
There will need to be some bonus to steady the ship now. I’ve dropped another 2% since breakfast, best deleting the app I think 😂
Well I was out last night for a curry and couple of beers with the family. Opened FI this morning to see I’m down another ten percent and the forum full of they’ve fecked the product posts. Don’t have time to trawl through it all but looks like market manipulation with these new OB’s. FI have absolutely zero chance of attracting new customers just now at exactly the time of year you would expect people to join up.
They need to tell us what happened. I'm not sure how market manipulation can work now as if you drop the price as low as you can with 300 shares you risk an ME bid being there to buy them? I watched it and couldn't help but buy some with rock bottom ME bids. Perhaps the Neymar events prompted some big accounts to try and quit then a snowball of panic. Fully expect FI comms today.