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    1. Football Trading Forum
    2. Footstock
    3. New £35 / £60,000 challenge
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    MrWh1te
    Jun 27, 2020

    New £35 / £60,000 challenge

    My new challenge will consist of £35 profit a day. Would you add collection+cash+coupons or a straight cash balance? I am undecided. Just cash appeals, but could be hard?


    It is over five years. £32.88 a day makes £60,000.

    That may seem a lot but based on roughly a £2000 start stack that works out as:

    £2000 = 1.64%

    £10,000 = 0.33%

    £30,000 = 0.11%


    By keeping it as a flat figure per day, the challenge gets substantially easier as it progresses.


    Thoughts?

    4 comments
    0
    Westy
    Jun 27, 2020

    Intrigued as to how... But yeh I'd count cash and coupons, maybe not collection as it goes up and down and can't really count it as profit til sold.

    0
    MrWh1te
    Jun 27, 2020

    Thinking just trading, at low end, i think bottom prices will dive after summr (i hope) and as such i can get in cheap again. will ahve to hold players for a long time to see profit but 2k to 60k in 5 years = doubling money each year, so long term holds not bad


    Woody
    Jun 28, 2020

    Will be interesting to see how you get on with this. Are you going to flip or buy and hold long term?

    0
    MrWh1te
    Jun 29, 2020

    Both.

    I will be biuying lots of cheap players which i will hold long term, either until they go inactive or if they could have potential to do well in price.

    I will also have lots of buy and sell orders set up so continually buying cheap and listing at 10% profit which is easily done,

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