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If you don't know how to Market Sell, stop what you are doing - this week in Football Index
Football Index

If you don't know how to Market Sell, stop what you are doing - this week in Football Index

Experienced trader Ginger Pirlo picks up on the current key trends on the platform

11:00am on Friday 7th February 2020
By
Ginger Pirlo

SUPER MATCH DAY POINTS... WHAT'S THAT NOW?

Let me say straight off the bat that this week on the Index has been absolutely crazy. If you love drama or non-stop action, this week has been for you. I must say I have fully enjoyed it but not sure what brand new users will make of it all.

When I first joined the Index, it was during an international break so was a nice, quiet time to learn the ins and outs. Good luck to newbies trying to get their heads around what has gone on lately.

How can I describe this new offer of Super Match Day points? The best thing I could come up is 'Let’s Play Bamboozled!' (you either get that immediately or not at all).

Which genius at FI came up with this? So, if I spin the wheel of mayhem and hand in my wicked wango card I get 64,840 points and win how much? Some people like it but I’ll be honest, it's a load of unnecessary bollocks.

Here’s an offer for you: Team of the Month. Done. Simple. Everyone understands it, everyone will like it. It isn’t like people have been crying out for this kind of added aspect to the platform or anything is it?

They also added perks to it, which are even more of a head****. If I spend how much per day, but not everyday, I get how many points and win how much? I’m not even gonna bother trying to work this one out. If I get some extra money come March, I will take it.

It’s actually hilarious you would add this onto the platform after transfer dividends and a day or two after another system meltdown from an IPO. But like I say... I do love the drama of it all.

FATI BOOM-BOOM!

Well that was unexpected. Lionel Messi put in one of his PB masterclasses and bagged a 262 Match Day score without even scoring a goal, but he didn’t win. Not only did he not win, he couldn’t beat his own team-mate.

Young Ansu Fati scored a quick-fire double and bagged the first star man performance of his FI career to take top honours away from the GOAT. Nice work, young man.

Scoring two goals isn’t enough to automatically win on a gold day on the Index, but he put in an all-round decent performance with a few key passes and crosses to add to his goals (plus game-winning goal bonus) and scored a massive 286 PB points.

This is the first big score Fati has put in since being IPO’d so it will be interesting to see when or if he backs it up with another. When you look at the price of Haaland, who is over £6 after smashing his first few Dortmund performances, Fati at £4.42 suddenly looks a much more valuable price than this time last week.

Ansu Fati's statistics, matches, position and career stats

WIN DIVS BUY, NO DIVS SELL

I've been asked lately what is with these extreme ups and downs on players on a short-term basis, and it’s a hard one to explain. A simple way is to say with new users comes more instant gamblers. They buy leading into a match day, and sell if they don’t win.

But why would they do this with such impatience? The amount of money being wasted by instant selling on big spreads is eye-watering. I can understand short-term buy and selling on cheaper players with smallish spreads, as I do it now and then.

However, when you see premium players being sold off just because they didn’t win divs for the day it can leave you scratching your head. Do these people even understand the product?

MARKET SELL/ADD SELL ORDER

I still see people on Twitter asking things like 'what is market sell?'.

Well, I shall give you one big hint. It’s the button on the left when you are given two options if you want to sell a player. How people haven’t even experimented or asked what this is is beyond me.

Maybe it’s because I had used Betfair before I joined FI so had some previous understanding of the creation of your own odds to put into the marketplace, but I still cannot understand how anyone can be totally unaware of the market sell option.

It is literally on your screen at your fingertips. Are you not curious as to what it is? Are you not able to work out what it might mean even if you aren’t 100% sure?

Because this isn’t pennies we are dealing with here. Some folk are wasting hundreds, if not thousands of pounds instant selling players they may not need to.

We see it all the time now on the ticker box where a player is being bought up for fun and then someone, somewhere instant sells him. Why? What are you doing? The player is being bought in the market right now. So, if you want to 'market sell' you can. Right now. Easily.

You will get his buy price. It’s that straight forward. Someone else is buying his price FROM YOU. That is what Football Index is. We all trade amongst ourselves. The instant sell price is a luxury that FI offer. This may not be around for ever.

FI have recently changed ‘market sell’ to ‘Add Sell Order’ when you are looking to move on your player which may be something to do with order books coming but I am not even going to attempt to go into those right now. It also has an explanation underneath telling what each button means.

Please read it.

You are wasting your profits.

READ MORE:

Football Index: Eight things a new investor should know

Follow Ginger Pirlo On Twitter

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