Episode 1 – Can I make a living from Football Index? – Has it started well…?

“…I am not expecting the same level of results on my next update.”

Welcome to the first update of my ‘Can I make a living from Football Index?’ series.

I just want to say straight off the bat, the positive reaction and messages I received on my Twitter feed and IndexGain for the intro article of the series were amazing. I did not expect it and thanks for all the very kind words, glad you enjoyed it!

If you haven’t read it yet it can be found here and pinned to my FI dedicated Twitter account @GingerPirlo_FI 

I also want to clarify (if that’s the correct and proper word to use) that the title of the series was the question I first asked when I looked into joining the Index. I am not suggesting that I quit all other forms of employment to suddenly become a full-time FI trader.

My working situation is and was slightly unique in that I had different contract type roles in and around football and was always looking out for more opportunities to add to this. The index intrigued me as a possible addition to my income and gave it a go.

I quit
So, with that being said I am not going to go out and say other people should jack in the day job and make your living trading footballers. That isn’t what this blog series is about.

Its purpose is to show what can be achieved with a modest budget in FI terms & whether or not it can be a nice little earner. Or better still, a quality earner!

Now, if someone out there takes this series or anything else they see and says to themselves, “f*ck it, I’m in” and goes full-time trader mode, then that’s their choice. I neither promote it nor disapprove it. Totally up to you.

Please don’t send your wife, husband or oversized child round to give me a slap if you missed a mortgage payment or cancelled the trip to Disneyland if you have a poor month or two.

However, If you end up having an amazing time of it, then I am open to commission or gifts, obviously.

So to be clear. In my opinion, you CAN make a living from Football Index.

We all define what that actually is different, but I would say for your average working-class person living in an affordable place in the country, it’s achievable. Let’s say they are single also with no responsibilities. Bloody kids. Expensive things.

If you already have access to shit loads of money to plough into this platform than chances are you could live off what you get back alone. We regularly see the tweets or screenshots of those making thousands from just dividends alone on a monthly basis, so these folk are loving FI life & very comfortable. Rich bags. : D

Rich Di Caprio

But that’s easy (kind of), what I will (hopefully) show you is what can be achieved with a modest amount of money in the index at any given time. It can be hard work but I am willing to do it. In fact, I love it and I am happy to sit for hours on a matchday to try and maximise returns.

I will also show you how I did it (minus the finer details). I will also tell you about the missed opportunities that would have made profits even higher. Trust me, it happens and I kick myself quite often.

Now, there are many, many other people on the index that will make more hard cash than me. Fact. However, I will show you my percentage returns across a period of time and you can multiply that to whatever budget you have. This is a key point to make.

I speak in this series on behalf of a moderate-sized budget at this moment in time of under £10k. Some would say under £10k is actually ‘small’, but you can make your own definitions. Several grand is still a decent sum of money in anyone’s book.

I started life on the index with £50, a minuscule amount. I added a few hundred, small amount. I never went over investing around £2.5k of my own money into the platform. This was more than enough for me and I will never deposit any more.

So going forward, if you take inspiration from this series (some have said as much to me already!) and you have more available cash, go for it. If you have less than me, it doesn’t matter. What percentage are you getting back and over what time period? That’s the question.

Ok, that’s my disclaimers out the way so let’s crack on. 😀

 

The start

“I felt the new scoring matrix would inject this type of performance with steroids”

A quick reminder of where I started this series.

After a bit of an upheaval in my life and trying to sort that out, resulting in a poor opening weekend which I should have just left well alone, I sold a few players I had in my port on the 11th August, keeping one or two and started fresh.

I said to myself to stop chasing things if I wasn’t in a strong position to take advantage of them properly and efficiently and vowed to “trade smarter”. So what did I do?

Well, I had around £6,700 in the index and I invested in 11-12 players that looked to have good fixtures at the start of the season and/or looked to be in decent enough form leading up to the brand new season.

The first player I bought was Sven Bender. I noticed in Leverkusen’s opening German cup game just before the league campaign kicked off,  he started in the centre of a back three and had stats that were off the scale.

He passed the ball around 150 times, grabbed an assist, managed a few interceptions, aerial duels and attempted a very healthy amount of long balls.

BenderBender2drawing

I felt the new scoring matrix would inject this type of performance with steroids and he seemed to totally outperform his teammate Jonathan Tah (£1.55), who is and rightfully so a bit of an Index darling with his PB scores last season. He is also three times as expensive.

In case you’re not aware, Tah endlessly passed the ball over and over again into people’s ports, racking up the PB scores with Leverkusen’s new manager’s obsession with possession and playing out from the back.

The big centre back also made yours truly some decent money after buying him low and selling high. Buy low, sell high? That might catch on…

But, with Bender, had I stumbled onto a possible PB monster for just 46p? Leverkusen started the season against a newly promoted side as well, so I went for it and invested £500 into him, which was about 1087 shares. (the below includes a few extra shares I bought at a later date)

Bender3

As I am writing this up he is sitting at 69p after a few others saw what I saw and has started the season well, outscoring Tah (PB wise) in both opening fixtures. Will that PB win come? Possibly. He has a chance with the perfect storm of dominance and a clean sheet.

Some of you who read the Intro article may be thinking ‘I thought you don’t chase PB or divs?’

Well, I don’t in general but if Mr Bender puts in big PB scores he will continue to get attention. If he wins, then it’s rocket time. It’s the Capital Appreciation I really want, not the divs. They’re a bonus if they come.

After Bender, I looked into the fixtures and bought players who I believe have good sentiment from last season and a chance of performing in games up until the next month. Or in other words, the next 30-day In-Play Dividend schedule (IPD purchases last for 30 days).

Come Monday night, I had around 11 players in my “port” with some money left in my account and was ready to go.

Who did I get on?

“……. (Big mistake!!!)”

A couple of players I had bought that weekend were Lucas Lima who I grabbed after he started in the front three for Nantes, even though he is a defender. Very cheap with a 1p spread. Lovely.

Plus my old mate Jose Fonte who had got an assist in this game versus Nantes who I bought and kept. He is so cheap and can hit a solid PB score on his day so I decided to keep him.

After looking into Sven Bender, I knew Leverkusen had a half-decent start so got one of my favourite players Kevin Volland who leads their line very well. I also grabbed Bender’s even cheaper defensive partner Dragovic.

Volland

The German league (my favourite league for FI) was just kicking off and Leipzig had a decent looking start against a newly promoted team also, so bought into right wing-back Klostermann. He is capable of getting forward and grabbing a goal or assist.

I would have bought Halstenberg who takes set-pieces and also good for an IPD at left wing-back but he had an injury in pre-season so stayed off of him. In hindsight, I could have gone a bit further with some Leipzig choices.

Sticking with the German theme, Freiburg had a very favourable set of fixtures over the first three games with Mainz at home, followed by two newly promoted teams. Lovely. So, I invested in striker Waldschmidt who had just had a stonking u21 tournament in the summer and his strike partner, the very cheap and good for an IPDs, Nils Petersen.

Next, my attention was drawn to Wolfsburg who opened the season with a similar schedule, as they too had both promoted teams in the first three. So, there was only one thing on my mind and that was to get into one of my favourite players from last season Wout Weghorst.

At this stage of my purchases, I came to realise the Euro qualifiers were in the 30 day IPD period and now count for performance so went back to Leipzig and got striker Poulsen, as he had some easy fixtures for Denmark included in his domestic schedule. Though he had already had a rise at this point.

waldschmidt

I took a step away from the Bundesliga and went a bit French with Bertrand Traore who put in a decent PB score in his first game for an upcoming single game day and did the same with Jeff Reine-Adelaide. With Lyon’s Tousart also getting some love from me after outscoring his more expensive midfield teammates.

Before stepping away from Bundesliga completely, I noticed Dortmund also had some decent fixtures but I had spent a decent amount of money so grabbed just the one share of the following player just to keep track and a reminder to maybe buy later…

Purchased – Axel Witsel – 1 – £0.70 ……… (Big mistake!!!)

To finish off, I grabbed some Jamie Vardy to test whether he would get the same type of weekly build-up to an upcoming fixture like he did last season.

In case you are not aware, Vardy went through this rollercoaster life on the index last season of massive sell-offs after, or even during games, then he would be bought up again gradually for the following week. So, I gave him a go.

Meet the squad.

So who we got? My “squad” as of Monday 12th August looked like the following which was based on upcoming fixtures, those that had shown PB muscle or had their own unique reasons. I came to these choices using my years worth of knowledge and experience on the Index:

Lucas Lima – 300 futures – 53p. Cheap defender looking like he is being used as a winger. Could be another Youcef Atal.

Jose Fonte – 300 futures – 23p. Old but capable of very good PB scores and the odd goal or assist. Poor spread but I am letting it slide as he has got me an IPD already.

Jamie Vardy – 400 futures – 80p. Taking a punt on him to test whether he will get a rise before playing Sunday in a big televised game.

Bertrand Traore – 300 futures – £1.12. Another single game day coming up and got a big rise off the back of his first PB score. Is a forward and taking corners which adds to his PB score.

Jeff Reine-Adelaide – 300 futures – £1.05. Single-game day coming up and he too got a massive pump during his first game with a goal and assist. Had dropped a bit in price since at this point.

Lucas Tousart – 600 futures – 71p. Easily outscored his more expensive and hyped central midfield teammates at Lyon. Cheap and had grabbed a goal so also has a goal threat, even though is a holding midfielder by trade.

Kevin Volland – 600 futures – 87p. Leverkusen have a good fixture to kick off the new season and my old mate Kevin is always good for a goal or assist.

Lukas Klostermann – 300 futures – 95p. Attacking wing-back who loves to get in the box to try and create a goal or score himself. If he gets one and adds a clean sheet, happy days.

Wout Weghorst – 300 futures – 99p. I was a bit slow on getting on him as he had a decent rise that day so just grabbed 300. Has decent looking fixtures to start off the campaign and one of my boys who made a decent amount of money last season.

Weghorst

Sven Bender – 1100 futures – 46p. Chucked in a special performance and could be a steal at his price, was too good to turn down. He has to stay injury-free through which is something he didn’t do last season. Fingers crossed.

Aleksander Dragovic – 900 futures – 32p. He wasn’t far behind Bender with his own stats and is even cheaper. Took a punt in case he starts and does the business also.

Nils Petersen – 600 futures – 51p. He is a very capable goalscorer on his day. I remember him a super sub during my Bundesliga analyst days. Cheap and up against favourable opposition for three games on the trot.

Gian-Luca Waldschmidt – 600 futures – 97p. Young and carrying some quality sentiment from the recent u21 tournament where he finished as top scorer. Has those favourable fixtures and seems to be on penalties. Boom.

Yousef Poulsen – 500 futures – £1.06. Has some good fixtures including Denmark matches against minnows of Europe. Had a 10p rise before I bought after hesitating initially but had to get some.

(I also wanted to get on some Belgian players like Mertens and Lukaku but had spent a large chunk, so just like Axel Witsel I bought one of each. Spoiler alert – these three players skyrocketed and I missed out on huge profits but that’s the index and shows why the more money you have to use, the more money you make)

So that’s a “squad” of 14 players come Monday night at a total cost of £4,850. Leaving around £1850 in my account for if and when I need it.

 

How did you get on?

Let me start off by saying that I was debating whether to actually start this series for a few weeks, so for this time period from 12th August until typing this up now on 30th August, I don’t have a lot of info on most of my trades in terms of screenshots etc.

I am also still up in the air as to how I will show the progress made going forward. For this opening update, I am going to cut straight to the chase and then tell you about some of the trades made after. I can’t show them all as I make LOTS OF TRADES! 😀

The time right now is 4.36pm on Friday 30th August. I am looking forward to the games tonight and as I check my port I can show you what I have in the Index right here, right now:

Aug Screenshot

As you can see, if you add what’s currently in my port with what’s in my account, I have the following amount in the Index: £6033.63 + £3649.44 = £9683.07.

It’s been 19 days since I started with £6700

So that is an increase of £2,983.07. In percentage terms that is a return of 44.52%.

Below is what is in my port as I type right now. Please do take away 11 players from that 23 as those are all players I am tracking with just one share to their name, so it’s really just 12.

Aug Screenshot Green

Results summary

In just under three weeks I have (practically) made £3k. That’s a grand a week. I have a return of 44.52% doing what I do and trading how I have. I am very pleased.

Now, I will say this. The Index has been slightly unique in this period with the excitement that a new season brings. Traders can’t wait to invest in this, that or whoever if he looks like gold, so I will categorically say I am not expecting the same level of results on my next update.

The biggest trend in this period has been around the new PB matrix and people looking for the next big thing, we have seen some huge in-play rockets based on early looking monster PB scores and I managed to catch a few and ride the wave.

Eventually, the market will slow down on these types of in-play rockets and go back to “usual” but when one door closes, a window may open somewhere else so it’s important to always be on the lookout for trends and try to take advantage of them. No matter what it is.

How did the original “squad of 14” get on?

Looking back at my transaction history, I trade a lot. That’s for sure. Out of my 14 “squad members” I bought on the 12th August, I currently still own five.

One of which, Weghorst, I have increased my holding when he bagged another goal last weekend from my initial 300 futures to 900. This obviously changes my average holding cost of him but for this time period he has returned me the following in CA:

WeghorstProfit

He has also brought in some IPDs with two goals in two games and he has decent looking fixures including single-game days, so I am not looking to shift him on just yet.

My Freiburg boys in Waldschmidt and Petersen have brought in the IPDs also, as they have grabbed a goal or an assist in each of their opening two games.

Waldschmidt naturally gets more CA attention but I am keeping them both for this weekend at home to Koln, plus Wald has just been called up to the German senior team for the first time.

Wald & Peter

The old man Jose Fonte has had a nice rise from 23p to 29p with a couple of half-decent PB scores and Lille have a good set of fixtures coming up. Will I keep him for the whole season? That would be a first. I also still have Sven Bender in my port to make up the famous five.

I sold the rest at different stages. Adelaide overnight from buying him got some transfer news to Lyon and I sold off the back of that. However, I sold WAY too early and would have been better off missing that news and finding a nice surprise late in the day. Never mind.

I sold Lima a few days back for a little profit after he started in his usual left-back spot and lost his unique selling point. Luckily for me, he has just transferred to a non-PB league so his hype really was short and sweet.

I sold Poulsen, then bought back and now sold again for very little return tbh. Was better off keeping him throughout. That was poor trading.

Sold Klostermann during opening Leipzig game, as he was totally outperformed by Halstenberg who did play in the end and grabbed a goal and assist! I bought him though in-play so got some IPDs and a little profit in there.

Had to dump Dragovic as he didn’t start the Leverkusen match. I broke even though as he had a rise after I bought him and all commission was covered. He was a punt in any case, just didn’t come off. No harm done.

Kevin Volland was a successful trade. I have sold him now but he grabbed some nice IPDs (like he does) and I sold my 600 futures around the £1.10 mark on average from an 87p trade. Nice. I will own you again Kevin, we both know this.

Bertrand Traore didn’t work out so well. He hardly moved in price all week and didn’t do anything during that single game day so dumped at a loss. Poor trade.

Lucas Tousart was a very good trade in the end, as by the time I sold him he went up to over a £1 after I initially got him for 79p.

The only problem was I sold half my stake well before this and never topped up. It’s painful watching a player grow like that with a small holding. But a profit is a profit.

vardy

Mr Vardy, king of parties, was ok. Nothing special. Sold him for about 84p. I did the Vardy thing again the week after and made a bit more on him. Although I sold before kick-off and he went and scored to reach 89p I think. Still, a profit is a profit.

So a mixed bag from these trades but overall a very healthy profit. I think I was up like 17% in no time at all just on these lot alone and then I had my in-play stuff and other trades flowing afterwards.

Speaking of which…

 

How else did I make my money?

“I had a really good day…”

In-play is a big part of what I do on Football Index.

I mentioned a few strategies in the intro article and I came to realise very early in my time on the Index, that players can have big rises with goals or impressive performances, so it made sense to get involved with this especially considering my lack of huge funds.

To make this part a bit clearer, I will show you some in-play trades from the first few match days at the very start of this series. I’ve picked out a few that spring to mind and also ones that I didn’t get on that would have been very profitable.

The below is a “weekend in the life of an in-play trader” if you like. The very short version : D

Saturday 17th Aug:

Hits

Wylan Cyprien – The Nice midfielder bagged another penalty and an assist which adds huge bonus points onto his already decent PB base. I got him at 99p and kept until I sold when he was £1.47. So almost a 50% rise over a week or so.

Ignatius Ganago – In the same game, young Nice forward Ganago scored the winning goal and won the penalty that Cyprien converted. I checked his price and was 60p so went on him. Held for the next game and sold for around the 78p mark. He went as high as 84p at one stage.

Hugo Diallo – As soon as Hugo Diallo stuck in his second of the game I bought a load. Sold quite quickly to the market once the masses cottoned on. Classic in-play flip.

Misses

Dani Ceballos – The above three trades I picked out were all done at night games as I was working during the day, so I missed out completely on the Ceballos rise. He went up like 60-70p or something stupid. I hope you got on.

Teemu Pukki – Another explosion with his hat-trick. A fine example of what can happen when you are on the ball in-play. His rise was massive so many people had lots of opportunities to get on and off with some profit. Whereas I was totally unaware as was working. Oh well.

pukki

Sunday 18th Aug

Sundays are usually a lot better for me (as long as I am not working at a game) as lots of games are available live somewhere and kick-off times are spread out accordingly across the day. This can help with focussing on specific games.

Hits

Mason Mount – He was playing in a Super Sunday game. He is a young exciting Englishman. He opened the scoring. I bought at £3.05. I sold at £3.32. Bread and butter.

Marcel Sabitzer – I knew of people talking about him earlier in the week so he had some incentive to keep my eye on him. He then goes and bags three assists and a goal for himself. I think I got on when he scored and reaped the rewards, as he continued to smash it afterwards with two more assists.

My only regret is not buying more when he got his second assist, as that was the point he went wild going up around 30p I believe. I kept him for a week or so before selling for a 50% profit.

Marcel Halstenberg – Another player with popularity. The defender opened the scoring so he was guaranteed a nice rise. I bought at 99p. He went on to reach £1.17 when he grabbed another assist. However, I didn’t sell as was too seduced by the 3p IPDs. He then dropped to £1.07 at full time. Hit and miss but I kept for a bit before selling.

(I had a really good day as other highlights were Sergio Reguillon, Martin Hinteregger and some others.)

Misses

Filip Kostic – He grabbed an assist within a minute. His PB score was doing very well. He shot up in price and I kind of just watched it happen. Slow from me but I can be stubborn at times and almost refuse to get on once missing the initial rise.

Monday 20th August

Hits

Anthony Martial – Tony Marshall as he is also known, has a lot of eyes on his potential role this season. If he is the leading striker, the Man Utd fans that are on the Index will be all over it. He bagged a goal in the Chelsea game and another one here would see another spike.

He did and I bought. £3.21 I got on and £3.48 I got off. Lovely jubbly.

I got on Ruben Neves at £1.66 & then at £1,69 when he smashed in the equaliser and sold at around the £1.76 mark so not bad. Nice little bonus.

Anthony-Martial

So there are some picked out trades from that weekend. I make A LOT of trades so to list them all would be silly. I have left out the weekend after this as the article would become too long, but it was also a decent one overall with some steady profit.

Remember, not all trades come off. Some hardly move and I sell at a small loss after commission. Sometimes I am just too late to the party. It happens. Every week. It’s part of the game.

I am gonna mention that I do like IPDs and for this weekend of the 17th and 18th of August, I had a total haul of £133 for Saturday and Sunday. These are a lovely commission-free bonus that tallies up over time.

Aug19th IPDSAug18th IPDS

My current total of £2,356(ish) of dividends is mainly IPDs. I can’t put an exact figure on it but 90% wouldn’t surprise me. This is my buzz that others get from PB and MB wins. Get your buzzes where you can. : D

 

So what do you think?

I haven’t gone into real fine details on this first episode as a lot of time has been put into clarifying a few things and keeping it on a general theme for an opening update. The episodes will be shorter I suspect going forward once it gets going.

It goes without saying I was very happy with the results even with missing out on some HUGE profits and with the odd trading mistake, but let this be a sign of what can really be achieved on this platform.

Reminder:

I now have £9,683 in the Index from starting with £6,700. (as of 30th August – 5pm)

I made £2,983 in 19 days. That is a return of 44.52% in this period.

I can tell you my overall profit now sits at £14,482 as of 30th August 2019. I have put £2.5k of my own money as a true deposit. I started the index on the 5th September 2018, so coming up to a year. I am glad I joined. : D

So, that’s the first episode done and dusted. Let me know what you think by commenting on the article, sending me a message or tweet to @GingerPirlo_FI and you can always find me on IndexGain. If you haven’t signed up yet, what are you waiting for? You can do so on this link.

Just one last thing to finish…

…do you think you can make a living from Football Index? 😀

Peace out. Good luck with your trading!

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Can I make a living from Football Index?

“This is literally what the index can offer. It’s like you are cheating to make money”

An intro.

Almost a year ago, I saw an advert on telly late at night with John Motson telling me about a football stock market where you can buy and sell shares in players for a profit. I was intrigued. The next day I had a look into it, asked a few questions and signed up sticking £50 in my account.

One of the first google searches I made was ‘Can I make a living from Football Index?’.

Now, this is an open question as what defines as ‘a living’? How much are we talking? Over what time period? Per month? Per annum? In fact, why would I even ask that question to begin with?

I already had a few contract roles in and around football as a performance analyst and scout with other bits and bobs and was looking for something else to add onto my bow of regular income.

Motty FI

I didn’t hold my breath that this stock market for footballers thing was like striking oil, but I was interested enough to give it a go given my years of casual gambling, especially on the Betfair Exchange, and it also seemed a little similar to fantasy football but for real money.

I was signed up to the initial ‘£500 refund in your first-week’ offer at the time and after a couple of days playing around with £50, I stuck in some more. My opening risk-free week wasn’t exactly groundbreaking but I had a clear choice once the time period was up. Stay with it, or sell up and get your money back.

I went back and forth for a bit and couldn’t make my mind up as to what to do, but in the end, I chose the former and decided to give it a proper go…and thank f*ck I did!

 

Who am I?

“…my all-time profit stood at just a hint over £10k at £10,087.58.”

Joining Football Index is one of the best things I have ever done. If you are reading this and haven’t signed up yet, then do it on this link here. You won’t regret it, I can promise you that. If you are already a trader, then you will probably agree with me. What a platform.

My background is I was a Performance Analyst for a few years, analysing games from around the world via WyScout with Bundesliga being my specialist league for a couple of seasons. I ended this in January this year.

I was also a Prediction Analyst for the same company, literally making predictions and getting paid for it. Again, Bundesliga was my specialist league with also League One in my safe hands. I finished my last league season with a 30% yield which was very healthy.

I have been a Premier League Match Operator for several years, gathering stats and data at PL matches from inside the stadium. This is the best job in the world. I won’t give this up in a hurry. I have also done some (in-depth!) scouting reports for lower league sides and done every coaching badge under the sun, with the B licence my last one.

I have been on FI since September 2018 and at the end of the 2018-19 season, my all-time profit stood at just a hint over £10k at £10,087.58. So, that’s ten grand made in around eight to nine months of signing up. This blew away all my expectations.

(the below image includes a cancelled withdrawal so trust me it was £10k, not £11.2k)

May FI Profit

What’s even more mind-blowing is that I am not a big roller. I am not a whale. I don’t have limitless amounts of gambling money to plough into this thing. Remember, I am a lad who googled if I could make a living out of it. Making £10k profit in say nine months was created from an investment of around £2.5k of my own money.

To make things even better I have been “free rolling” for some time now, which basically means I have withdrawn all of my initial investment and trading with nothing but profit. My net deposits at the end of the season stood at -£2,200. That’s (minus)£2.2k. Nothing but profit. Sweet.

 

What did I do?

“Now, this wasn’t anything special. To me it was obvious.”

So, how did I do it? Well, it wasn’t in the way you may think, which is why I have started this blog/diary that will show my ongoing trades on the index for the 2019-20 season. I am different from what you may have seen or heard at this point so I thought it would be good to show you.

Let me go straight off the bat and say I am not a long term trader. As in I don’t have long term holds. I don’t have any screenshots to show you of Sancho in my port with a 200% rise. I am not your man for that.

I have had occasions during my time on the index where players have risen whilst holding very nicely and very quickly, of course, but my point is I am not a “stamp collector” type. The three-year hold and beyond type. That isn’t what I am. I have settled on my own style and strategy after trying most of them in the book at some point.

In the past, I have ‘invested’ in a mixture of big fish like a Pogba, Messi or Ronaldo, to relative plankton (in price terms) like a Bruno Alves. These trades have brought me mixed success. So mixed that at some point I decided holding players for a long time isn’t for me.

One reason for this is I just don’t have the patience for it. I have admitted that to myself. It’s important to be honest with yourself on the index and holding players long term, in general, isn’t for me. So why pretend?

Because holding and building your portfolio is what the index is all about? Who says? Adam Cole? There are no rules. You don’t need a portfolio set for three years. That’s a choice, not a requirement. I have nothing against traders who do but I believe I can make more money focussing short term.

Pogba FI

Like I say, I have had some successful holds. One of my best was buying Pogba on Boxing Day, post-crash after the Mourinho sacking when he bagged himself a brace. I held him for a few months up until the share split in Match, where I then sold.

Now, this wasn’t anything special. To me it was obvious. Everybody on the index should have done the same no matter your budget. Just because I don’t have a long term hold strategy in general, if I have the opportunity to make a good profit over a period of time longer than my usual, I may take it.

Now, this hold was for three months and in my head, that was a long term hold. This just shows it isn’t for me. Three months doesn’t even count as a hold to some folk. That’s a potential hold that is just getting started.

For me, I couldn’t wait to get out when I thought he had reached his peak and took great satisfaction in banking the profit into my account balance.

 

Why short term?

“…why would I bother with the latter? It doesn’t make sense to me.”

Why do I have such a need to get out of holds/trades you may be thinking? Accessibility.

During my time on the index I have gone through those moments where you see something happening, whether it be a big transfer story breaking, a manager (like Jose) getting sacked or someone scoring a brace or a hat trick and you have nothing in your account to use to get on the incoming rise.

This drove me mad. There was nothing worse for me than having my money tied up in holds that may be stagnant or worse yet at a loss, when I could be making a shed load on what is happening right here, right now in front of me. I almost vowed to myself to not be left in that position again.

As I have said, I am not a big cheese with loads of spare cash in my bank to deposit at any time I want. The money I had available was put in and I got it out again as soon as I could. I’m not interested in depositing any more. That’s done and I am a free roller from now on.

Another reason I don’t have long term holds is I realised I was making more money from short term and in-play trading. So this links in with needing access to as much funds as possible to react and buy into short term flips.

If I can make more money on a player scoring a brace in a match, than a player slowly rising over the course of a few months, or even weeks, why would I bother with the latter? It doesn’t make sense to me.

Gekko

All traders have strengths and weaknesses. They have pros and cons.

Some have lots of available money but don’t have the time to keep track, so they invest accordingly.

Some have lots of money but don’t have any real knowledge about football, so trade accordingly.

Some don’t have lots of money but do have football knowledge, so trade accordingly.

One of my strengths is I have a lot of time and access to live football matches, as well as the index itself. I try to use this strength to benefit me as much as I can. I do so to counter the weakness of not having a sh*t load of money to invest with.

It may be harder work for me to make a certain amount in a day, then for someone who doesn’t even bother to look at his port that often, but I am willing to do it and try to make it as worthwhile as possible.

Up to this point, I can say it has been a huge success and I am hoping to make it even better.

 

The goal and strategies

“The strategy is also low risk, which is another reason why I do it.”

This article is an intro into me and what I am planning to do for this season, which will be an ongoing record of my trades and the profits made in that time. With also a view on how much money it took to make such profits, which is important.

Any rich bloke with more money than sense can profit on the Index during this boom period but I like to show what the little guy can achieve on a relatively modest budget.

Whether I update and send out this blog on a weekly, fortnightly or monthly basis I haven’t decided yet. I will see how it unfolds naturally.

It’s also there to be used and discussed as an example for traders (or potential traders) for what can be achieved from having a strategy like mine.

What you need to know is I make the bulk of my money from the following:

  • Buying goalscorers/assisters asap. These may be particularly popular players, or players with a profitable spread compared to the in-play dividends just gained for e.g. a player scoring with already an assist (2p IPDs) with a 1p spread. Players participating in a pre-2pm deadline fixture who could win PB for the day etc.
  • Fixture buys leading up to certain favourable games ie a perceived “easy” fixture(s), potential IPD or PB players, early pre-2pm dividend deadline kick-offs, specific game weeks for e.g single game days, 5 game double game days etc. These are made ideally in good time and hold through the rise leading up to game day.
  • Line up announcements. Players that traders would be keen to buy based on starting a game. Like a wonderkid or a player usually on the bench who has a favourable price/spread like Origi near the end of last season for e.g.
  • Buying injury replacement players asap. A first-team player looks to have a serious injury so his direct or indirect replacement in that position may get significant game time or time in the squad. Cheap alternative or wonderkids especially.
  • Potential PB monsters. During a game day a player can be putting in a monster PB score, which can be an unexpected player or a repeat player showing they can be consistent throughout the season. This may be at half time or whenever it seems noticeable.

I also have other ways of making money such as IPO announcements (new players entering the market) which can be extremely profitable. Transfer stories during the correct part of the season. Managerial sackings or changes that may benefit a certain player. Plus others I am probably forgetting.

The above bullet points are mainly around game days and matches which is my bread and butter strategy on the index and what I will be focussing on for this blog/diary or whatever you wanna call it to show what can be achieved with a relatively small budget.

The strategy is also low risk, which is another reason why I do it. What can be safer than buying a player who has just tapped in his second goal of the game who has a very good spread and is mopping up the performance points as well as in-play divs?

Back to the future

Imagine you are in the bookies and you see this player score on the telly, you very quickly hand the next goalscorer slip to the person behind the counter, they take it, then pay you winnings for your trouble! This is literally what the index can offer. It’s like you are cheating to make money.

It sometimes feels like you can rewind time to back the next goalscorer and make money on him or like owning the sports book off Back To The Future. Seriously, making money on players AFTER they have scored still blows my mind. 

It’s crazy and something I picked up on almost immediately after I joined and studied match day trends…and that was before in-play divs even existed!

Back then certain players who scored were bought based on sentiment and seen as “in- form” for future performance or PB potential. With FI now paying traders IPD’s for owning these players at any time during the match day, it’s even less risky and more profitable!

 

What about Dividends?

“At the end of the day, the chances of your player being the number one performing man that day are slim…”

Some may notice I have hardly if at all, used the word dividends, not including In-Play Dividends of course. This is because I don’t really care about them. Or should I say I don’t really aim to win them. I see them as a bonus, nothing more.

If I do own a player going into a game day, then I may decide to keep him to see if he can put in a PB performance. This is maybe due to how I feel at the time. Maybe I am bored. Maybe I am super confident he is going to smash it. Who knows?

But this is not a solid strategy for me. I don’t chase dividends. Whether it be performance or media. I don’t really care.

At the end of the day, unless you own 90% of the index, the chances of your player being the number one performing man that day are slim. Especially on Treble game days with like 18 or so fixtures.  It’s nice if it happens but chances are he won’t so why bother chasing it?

Plus how much would you win in any case? 100 shares in Messi for a 5p win? Maybe 7p if he is the star man gets you a £7 win. That’s nice but is that worth having £500 tied up in him?

Messi Injured

And for how long? All season? What if he does his ACL? Fails a drug test and is banned? I owned Ronaldo in my early days so have felt the force of price shattering news. So in short, it’s not for me, Clive. Not any more. Been there and had the FI t-shirt burned.

Media Buzz isn’t really something I am interested in either. The usual suspects win most often like Pogba but again, given his price how many shares would I need to own to make it worthwhile? A lot is the answer. So given I don’t have long term holds I pretty much ignore it. Not my market so I won’t try to pretend it is.

Some traders despise this idea of “not caring about dividends” but these traders usually have huge ports and/or have a decent amount of shares in the main performance players & mop dividends up regularly. Making the 5p or so on offer, very profitable indeed.

Good luck to them. As mentioned earlier, all traders are different with strengths and weaknesses, pros and cons, what’s important is to trade accordingly to those. There is no right or wrong way, only your way. Whatever you feel is the best outcome for you.

 

So, can I make a living from Football Index?

“If I can make £2k a month from the Index I will be a happy man.”

In short, yes.

For me, I see it and use it as kind of a part-time job within itself. The regular income stacks up and giving I get in and get out quickly, having access to my profit in my account at my fingertips more often than not, I can take it out and bank it.

My profit of £10k last season was split into two parts: Pre-share split and post-share split.

Before the share split in March, I had an all-time profit of around £5k which was made over 6 months. This isn’t making a living in most cases. After the share split, I doubled that £5k in around 6 weeks. Doubled. Now that’s a spicy meatball.

That’s like making £4k a month in your job? A thousand pound a week. If you make that, fair play. The highest-paid job I ever had was £40k a year and that’s before tax.

I will say the amount gained at the end of last season was unique. Given my strategy, there were games on almost every day during that six week period and I milked the f*ck out of it more often than not. So I am not expecting those returns every month.

In fact, I will say I am targeting half that. If I can make £2k a month from the Index I will be a happy man. Is that “making a living”? I would say so. No taxes remember. 😀

 

Final word.

“This was gained with plenty of f*ck ups and mistakes. “

I have rattled on here for longer than planned, which is usually the case once I start typing, but the point of this article is to show you what I have done and what I am planning to do going forward.

You can take what I do as you wish. You can like it, you can hate it, you can find it interesting, you may not. You may take something from it and add it to your own strategy, you may not. Up to you.

The point of the blog is to show that there is more than one way to make money on Football Index.

There are lots of podcasts and articles out there which more or less all focus on holds and portfolios. I can’t say I have seen one that says, you don’t need a traditional portfolio to make money…

Well, in effect, this blog will do that.

Don’t get me wrong, there may be times where I decide to hold a player for a given length of time and I will give a reason for this. I may see it as very beneficial to drag it out as a hold. I’m not allergic to holds, I just don’t work to the “building a portfolio” mentality.

I have started the season with £6.7k in the index. At any given time I will have money tied into players on a “port” the rest will be in my account ready to use and access. This is key, on match days especially.

My total profit at this point after just under a year on the Index is £11,656.07p.

FI August Profit

This was gained with plenty of f*ck ups and mistakes. I am not perfect and always make good decisions or things always pull off. This is definitely not the case. I have had plenty of money slip through my fingers and flushed down the toilet, it will happen again.

My initial investment was £2.5k and I will NOT be depositing any more into the index. I will withdraw from time to time. I may withdraw regularly each month, kind of like a wage, haven’t decided yet.

This blog will mainly be about going in hard and fast and getting out with a profit. It will show you the profit made, or the losses as this is the index after all. It will also try and show you the money invested at the time to achieve such profit. See how it goes.

Follow me on Twitter @GingerPirlo_FI 

Enough said. Let’s do this.

Rafa Benitez’ tactics against Chelsea were unacceptable

Newcastle’s approach to getting beat by Chelsea was pathetic.

Think I’m wrong? Ok, give me some actual evidence that it was correct. Find some and comment on this article below.

Here’s mine:

April 2018:

Newcastle 3-0 Chelsea. Newcastle set up in there usual formation of 4-4-2 and hammer Chelsea with a team full of their first team regulars.

The Newcastle team available to Rafa on Sunday had better players than the one last season. Shelvey was the only significant loss if his injury was actually real. We all know Lascelles’ wasn’t.

Ayoze+Perez

Last 5 PL matches at SJP:

Newcastle 3-0 Chelsea

Newcastle 2-2 Chelsea

Newcastle 2-1 Chelsea

Newcastle 2-0 Chelsea

Newcastle 3-2 Chelsea

More evidence? Ok. Chelsea under Sarri are only two games in and are trying to find their feet under his way of playing and philosophy.

Against Arsenal they were exposed defensively time and time and time again. Newcastle are capable of opening them up in the same way on their own pitch.

As soon as we went 1-0 down, Rafa suddenly switched his formation to 4-4-2 and we scored. Funny that. So, basically, Rafa wanted a 0-0 draw and thought we could hold out sitting back for 90 mins?

If your evidence is how much the Newcastle team cost compared to Chelsea, then explain how that made any difference in the previous 5 matches in the PL at SJP?

For Rafa Benitez to ignore all of the above and assume Chelsea are such a high-quality outfit that will no doubt whatsoever tear his team apart if he were to set up in the same manner he did in April, is seriously questionable.

As a Newcastle fan, I don’t like my team under any circumstances reducing itself to such defeatist pathetic tactics. But if we are up against Man City or Barcelona (one day) then I can accept it.

This was unacceptable.

The fact we lost leaves a very sour taste in the back of the throat.

If the next mid-table type team play Chelsea at home and beat them convincingly, it should embarrass Mr Benitez.

The Ginger Pirlo

Mike Ashley is a small-time, cheap, unambitious, pig-headed, clueless, stubborn fool

Mike Ashley has done a lot of things at Newcastle. Most of it inconceivable to a Newcastle fan. But his latest venture in making Rafa Benitez’ time on Tyneside untenable tops the lot.

The question is why is he doing what he is doing? Why is he blatantly refusing to support him and not making every effort to keep him here for years to come?

Some say it’s perhaps there is a possible sale of the club in the offing so for him to spend any money isn’t in his interest, nor is the future of the club. This is wide of the mark IMO.

Others say it’s because he refuses to allow a manager with one year left on his contract to spend money on players and then leave at the end of the year, which would then leave a scenario of a new manager wanting his own players. This is closer to the mark IMO.

But even this doesn’t really make sense as the ONLY way Rafa would sign a new deal is if the club back him. Not the other way round that Ashley wants it. If you sign a deal, then we will spend…promise. Despite our diabolical record of doing so. Rafa is not so stupid to lock himself into a no-win situation, again.

Mike Ashley is a stubborn clueless fool who only plays by his own rules based on the fact it has served him well in creating the UK’s biggest sports retailer, so in his head, why change?

Well isn’t it obvious why you should change? If you have the record Ashley has over the past 10 years as NUFC owner, whatever mindset you had must be torn up and start again, This should have been done years ago, never mind now.

If you have been making terrible mistakes and nonsense decisions time & time & time again, then at some point you basically give up trying to make decisions and let someone else do it.

That person should be Rafa Benitez. Ashley has a hard time trusting people. He tends to trust morons and con artists like Llambias, Jimenez, Kinnear, Wise etc. Which says a lot about his character.

Ashley should be feeding off Rafa and listening to his plans and be helping him build his project. The man clearly knows what he is doing. It’s obvious. Look at his career!

But no. Ashley refuses to be playing second fiddle to some Spanish manager who thinks he’s special. It’s his club so he calls the shots. Total ego-maniac moron. The lack of ambition inside the walls of the boardroom is frightening. Terrifying in fact.

Imagine having a manager whose last job was Real Madrid and has the trophies he has on his CV and not trust him to make signings when we were in the Championship not long ago?

Imagine not allowing him to do what he wants to do? Unthinkable to anyone with a brain. Or to anyone with true ambition. Charnley, Bishop and Barnes are not fit for purpose.

All men hired by Ashley are idiots and con men. This massive stain on Ashley’s character is the biggest issue NUFC have had and continued to have. We never have the right men in place where it counts.

We have a thoroughbred horse of a manager in the stable but his keeper doesn’t know how or even want to feed him and his trainer can’t be bothered to keep him fit. His owner nowhere to be seen and deprives him of what he needs. So will he fulfil his potential? Of course not.

Newcastle need a new owner. Once they do this will bring a new chairman, CEO etc and finally the manager can be able to do his job. There is only one way this happens and it’s if Ashley sells up.

Two things can create a sale. Someone comes along from no where and pays a fee Ashley can’t refuse or Ashley lowers his price and looks for a sale himself.

The fans have a job to force Ashley’s hand. A half empty stadium speaks volumes. Disrupt his Sports Direct stores, this will also send a message to him “directly”. The fans must try to force Ashley to sell as a random billionaire coming along has much chance of a Euromillions win for you or me.

The fans must do their part. To continue to just fill out the stadium and carry on regardless will do nothing. Rafa will leave in the summer and Ashley will remain to do whatever he wants.

Ashley is a small time, cheap, unambitious, pig-headed, clueless, stubborn fool. He must be removed for Newcastle to ever reach its potential. This is a fact.

The Ginger Pirlo

Newcastle Utd signing Asian players for purely commercial reasons?

Newcastle Utd are set to sign their second Asian player in a matter of weeks with Yoshinori Muto on his way to Tyneside from Japan to complete his medical. This follows the free transfer of Ki Sung-Yeung from Swansea.

This raises some questions of what is the sudden interest in Asian players, considering that before these signings Newcastle had never had an Asian player in their history? Ever.

Now I am not saying these aren’t good players and won’t do well for us. They might. However, if you take a look at our new shirt I think the main answer is staring us in the face.

As of last season, NUFC gained a new shirt sponsor from the awful Wonga debacle to the new and ‘funky’ Fun88bet.com who are an Asian online betting company. So I don’t think it really requires an investigation from Sherlock to work out where I sudden interest in Asian players has come from.

Now, I am not saying investing in Asian players to make moves into the Asian market is a bad thing, in fact I have been asking why Newcastle haven’t done this in the past as it’s easy money to be made with the right player on the books.

However, given our massive restraints in signing football players, especially ones that Rafa Benitez wants, if we are in anyway signing footballers for mainly commercial reasons to appease our main sponsor, then more serious questions need to be asked of this Ashley establishment.

I personally have analysed Bundesliga matches for two seasons as part of my job as a performance analyst and I can sum up what I have seen of Muto as; he is ok. Nothing special. So, to spend just under £10 million on him would be a massive punt on our part.

If Muto ends up being our only investment in the forward line come the start of the season then Lee Charnley deserves to be hauled up in front of parliament never mind a petition. Muto at best will serve as competition for Ayoze Perez in the no.10 position. He is not a prolific goalscorer by any stretch.

I am still of the belief that once Mitrovic is sold to Fulham we will bring in a No.9, most likely Rondon from West Brom but I will put nothing past our administration in leaving any sale until deadline day and we end up with no replacement.

However, sticking on point, Fun88 bet will be extremely happy with our two Asian signings and no doubt they will both be front and centre of all our commercial campaigns this season as they promote the bright blue Fun88 logo with pride.

It just so happens Keisuke Honda is available on a free transfer and reminded everyone of his quality in the World Cup so don’t be surprised if Charnley has made an enquiry to his agent.

I am just surprised he hasn’t brought in Southampton’s Maya Yoshida instead of Fabian Schar…

All hail Fun88.com. Bet now!

#DontTakeYourSeat #DontBuyTheShirt

Newcastle Utd are at a crossroads.

Ashley and Rafa have drawn their line in the sand on how this football club moves forward.

rafa-benitez-thumbs-up-promotion-newcastle-united-nufc-bw-650x400

On the side are the fans, they have a choice and must make a decision on which side of the line they want to be on.

Ashley side of the line is to carry on regardless, filling out the stadium and accepting lack of investment in the team.

Rafa’s side is to make a stand against this nonsense and refuse to accept it. This choice is the most obvious, however, is the most difficult to make. As it would require some harsh actions…

Ashley’s side of just carrying on regardless in this mindless fashion of sitting motionless in the back seat of a car as it rolls down a hill towards the edge of a cliff is pathetic.

Two things are set in stone in the current climate. Rafa Benitez WILL leave in the current state of play at the end of the season and there WILL be anger and uproar when it happens.

So my question is very straight forward. If we know both these things WILL happen, why wait? Why are 50,000+ people buying the new shirt, filling out the stadium and waiting for the inevitable?

What are they mindless, cowardly sheep?

I have witnessed and lived through every situation under Ashley in the past 10 years but I have to say this latest one is showing badly on the fans more than him.

We all know what Ashley is by now. A cheap, ignorant and unfathomable moron when it comes to his understanding of running a football club. He doesn’t know what he is doing.

He only understands a handful of things. A premier league team, with passionate supporters filling out a 53,000 seater stadium with his Sports Direct banners all over it promotes his baby.

That is it. That’s why he is here.

So fans must realise that they have it in their power to get rid of him? Surely?

If you want rid of Ashley then don’t fill out the stadium. It’s that simple. An empty stadium on a Premier League level embarrasses him. It embarrasses the logos surrounding the empty seats.

This embarrassment is the only message that will get through to him. Bed sheets spray painted with small cliche messages don’t get through to him.

He laughs at you. You know why? Because you paid him for the privilege of getting into the stadium and paying for your seat. He cares about your money, not your opinion.

The situation of Mike Ashley vs The People of Newcastle has come to a head now and it must be resolved. The fans have a direct choice.

Continue to fill out the stadium, sell out the £65 new kit and try to enjoy Rafa Benitez last season as manager before he waves goodbye for good.

Or

Kick up a fuss and refuse to take your seat or buy the new kit and make Ashley realise once and for all what he needs to do. He needs to go.

Once Ashley enters serious and genuine negotiations to sell the club, then the Toon Army can flock back into the stadium to support Rafa and his boys.

It’s short term pain for long term gain.

Newcastle fans have the power in their hands to end this nonsense and save the club from inevitable doom.

The only way forward is with Rafa. The only way to keep Rafa is if Ashley goes. The only way Ashley will go is if the one thing keeping him here is killed.

That one thing is passionate match day support to a worldwide audience that actively promotes his sweat shop. Stop this. Kill it and he will go.

Once he goes, the new owner will invest in the team and in Rafa and we will be free to reach our potential.

If Ashley stays, Rafa will leave and some average manager will come in and we will go round the same old wheel of misfortune all over again.

It’s your choice lads and lasses. Make it.

#DontTakeYourSeats #DontBuyTheShirt

Ginger Pirlo

(I’ve not stepped foot in St James nor bought a kit for 10 years now. It really isn’t that hard knowing it’s for the greater good)

Why Rafa taking over as Spain national boss makes sense

Fernando Hierro has left the Spanish football federation and with it leaves the Spain job open for a new manager and beginning.

Rafa Benitez name has been linked and dismissed by many as nothing but paper talk. However, when you consider it logically, it makes sense.

5eb10-rafa2bwave

Spain have been horrendous in the last two World Cups since becoming champions of the world in 2010. Dumped out in the group stage in 2014 and embarrassingly losing to Russia in 2018.

Defensively they were shocking and in attack they were several lacking in cutting edge as they pass, pass, passed the ball around side to side seemingly for the sheer sake of it.

Their midfield maestro’s of Xavi and Iniesta are now gone and Cesc Fabregas won’t be around come the next World Cup and wasn’t even picked in the squad for Russia.

What Spain need is a new generation and with it a new style. Tiki-taka looks like yesterday’s style and boringly out of date. They also don’t have the right players to do it.

When you have Diego Costa up front then passing the ball around for fun is not going to get the best out of him. Going slightly more direct is just what the doctor ordered.

They have young players like Asensio who is full of pace and full of running. Iago Aspas is in a similar mould. They need a manager who will carry the transition from purely possession based football to effective football. Rafa Benitez could be the perfect fit.

He will build their team from back to front and make sure they are defensively sound first and foremost. He will also pick and develop the players that will do the best job to do the end goal; win.

Rafa also has an incredible record in cup tournaments. Champions League, UEFA Cup, FA Cup & Italian Cup are on his CV. He knows how to win. Plus he is obviously one other thing. Spanish.

Not just Spanish but a boy from Madrid who would be nothing but proud to take control of his country. He cried tears of joy when appointed Real Madrid manager. He would do the same as Spanish national coach.

As a Toon fan, I clearly don’t want it to happen right now as he has a job to do building my club into something special. But if Mike Ashley messes him around over the next few weeks of the transfer window, it could be an offer to good to turn down.

Let’s hope Spain don’t ask…

Ginger Pirlo