Episode 10 – ‘Can I make a living from Football Index?’ series – The Last One!

Ten episodes over a season leading into Order Books seems a nice way to package it up.

Welcome to the tenth and final instalment of the ‘Can I make a living from Football Index?’ series.

Given the Premier League 2019/20 season has (finally) come to its conclusion and more importantly the Index is morphing into a different product, I’ve decided to wrap up this series at this stage.

It feels a bit strange to continue with it in its current fashion, which is based around ongoing all-time profit figures etc as we move into Order Books where market price numbers are questionable in their accuracy.

I also don’t have a clear idea of how I will take on the product next season and if I will be as active in my trading, which in turn may see me less active with monthly blog updates.

It was fairly straight forward over the past year or so to trade, compound profits, write up what I did and show the results. Going forward, I am not sure that will be as straight forward or even as interesting as a format, so let’s call it a day.

Now, that isn’t to say I won’t be updating this site in some capacity and I will very likely come up with a new concept to write about. I will wait and see where the product goes and some ideas will no doubt flash up at me. 😀

Since the last episode

On the last episode, which feels like a lifetime ago, I wrote the following;

I think next month FI need to try and do something that will genuinely get people talking and pressing the deposit and/or buy button, as I foresee a very flat month of May coming up.

I wrote that at the end of April and sure enough FI created the Matching Engine from scratch and landed it on our doorsteps to get our heads around.

At first, it was brilliant. I even had a ‘Matching Engine special’ article almost written up with how brilliant it was and some of the bids I managed to get but things took a turn for the worse, so I basically shelved it.

This is why it has been so long since my last episode (three months) as I wasn’t really sure where the Index was heading and also, it was pretty f*cking boring as people just stopped market buying and the place was dead!

Things did start to pick up again, however, during the big build up to the new dividend structure that was being released on the 9th July. I was tempted to write something around that time but I left it to see what was actually released.

It’s safe to say the 9th July 2020 announcement will live long in the memory as one of the strangest head scratching moments in FI’s history.

The brilliant 2 part video that was created on the subject summed up the whole thing perfectly and I am going to link both below, as it does a better job than whatever I could put together to explain it. 😀

Strange times

You can’t always predict what will happen on the Index

As funny as those videos are we are living in strange times on the Index atm. The Matching Engine continues to be buy only so we are stuck in a moment of traders looking for bargains and not much else.

The ticker is pretty dead and people aren’t quite sure what the market will be like in the future or whether they will even like it. Others are extremely bullish about it and can’t wait but that still hasn’t prevented the tumbleweed.

FI have attempted to respond with a summer promotion. On the face of it, it looks very good. 5x IPDs, 5 place media madness, increase in media payouts with 8p being the most on media days, all Europa and UCL games are now Gold days and some cash drops.

This was met with positivity from the community and rightly so. However, the most important thing right now is how smooth the implementation of sell orders is and how that effects the market.

You can’t always predict what will happen on the Index but the view is we could see some volatility with a lot of players prices and it will feel like a rollercoaster ride you’re not sure whether you are enjoying or genuinely terrified.

It may not be for the faint hearted and could see a huge divide amongst people who want to be let off the ride and those who will show you screenshots of their genius trades amongst the potential panic and want to go around over and over again.

Then again, all of this may be vastly exaggerated and that ride you thought was gonna rip out your back fillings in your teeth, was just a tame pleasure cruise with a nice view of the theme park. Who knows for sure?

Going forward

As for now, we have the Champions League and Europa League “tournaments” in August which could prove to be a lot of fun. Every single one of them is a Gold day and with the implementation of 5x IPDs, we may see some action on the ticker.

We also have the Sancho transfer situation. I myself can’t see him not going to Man Utd and it’s just a case of when it happens. Will Man Utd drag it out like they did with Bruno until the last minute or get him in asap to gel with his new teammates for the new season?

Any time now…

Either way, Jadon could hoover up media madness and bring home a shed load of bacon for traders as well as inject the market with market buys and stretch prices nicely.

Some say the Sancho transfer going through is essential to the Index going forward and I can’t really disagree with that statement. His price going up not only drags other high end players with him, but it can help stabilise those lower down.

I wouldn’t like to say he could be the “savior of the Index” as the product will speak for itself in the long run, but certainly in the short term, Jadon Sancho holding up the No.7 shirt at Old Trafford will bring confidence and good feeling to the platform and help the implementation of sell orders and then full integration into Nasdaq.

The final numbers!

So here we go. These are the final numbers for the series. I started this as of the 11th August 2019 and I will finish them off as of the 9th July 2020, right up until the announcement.

Reason being, who the hell knows where we are in terms of profit since that bombshell hit. I have genuinely no idea.

The market is in a very strange limbo area at the moment, somewhere in between the old way and the order book way, so I am using the 9th July at 5pm as the cut off point for this series before all hell broke loose!

Let’s go back in time for a sec.

I started this series with £6,700 in the index and practically a clean slate of a port with only a couple of players in there. Nothing major though, it was practically empty.

This is what my account looked liked on 21st Aug not long after starting this challenge

The PL season was a week in and I spent up most of that £6.7k on mainly Bundesliga players and kept around a grand in the cash balance to use if and when.

As of 9th July, that £6.7k has become £68,819.77.

(My net withdrawals is £8,740 so I have just over £60k actively in the market.)

That’s a total profit of £62,119.77 which is 927.16%.

If it weren’t for Covid coming I may have been able to reach that (ridiculous) 1000% return for the season but I won’t complain too much.

This was the activity in this period inc the deposit made a couple of days before announcement. Entire deposit amounts are withdrawals put back in shortly after being took out.

The above has all been using the original budget and the only deposit I have made during this time was a couple of grand a few days before the 9th July announcement which was sat in my cash balance to use if needed.

This is what it looked like a couple of hours before the announcement on 9th July (percentages can be ignored due to inaccuracies in how FI calculate them)

Safe to say this season has blown my mind with the returns. All the way back when I started this thing I was looking to make a couple of grand a month to keep this thing ticking along very nicely.

For most of the season I was averaging £1400 a week which blew that out of the water!

How did I do it?

There are two golden rules for these methods to work…

If you look at my intro blog here there is a section around my strategies on the Index. All of these pretty much applied throughout my season.

How I was able to take that reasonably sized budget (for your average Joe) and take it into an almost 1000% rise is summed up in the following ways:

Compounding instant profits.

You may have seen big accounts on Twitter use the term compounding dividends? This is basically a player they own wins divs, they then reinvest those winnings to buy more shares in that player and wait for him to win more divs and repeat the process. Pretty cool.

I take that concept on a more general and active scale. I compound the capital appreciation profit I make on a trade and stick that back into the market on the next riser over and over again.

Straight forward example from any given matchday:

Player A scores >> Buy as quickly as possible >> Player rises say 20p >> Sell to the market.

Player B bagged a brace >> Buy as quickly as possible >> Player rises 25p >> Sell half to the market >> keep half for IPDs and/or if you feel he may go on to bag a hat trick and/or he could continue to slowly rise in the near future.

Player C has a PB score of 70 after just 15 mins in a pre-deadline game >> Buy as many as I feel comfortable to have >> Market realises he is on for a potential div winning score and player rises >> Sell, keep for the potential divs or do both by selling half (bank the profit) and keep half (roll the dice to win even more profit).

Now imagine this kind of activity with instant profits repeating itself over an entire season! Plus this is just three examples, there are other methods in making (quick) profits which I mention in the intro blog and they all add up over time.

Reading the market

There are two golden rules for these methods to work and that’s always have a decent sized cash balance and read the market. Keep an eye on Twitter and the chat in IndexGain to see which players are being talked about. Which players people seem to like.

If a few people are openly talking about a player, think about how many other people like him too who are silent in the background. Here is an example of when I trusted this process completely without having any feelings on the player myself:

I happened to catch someone on Twitter bigging up some Brazilian who was back from injury for Hertha Berlin and he couldn’t wait to see him. I then saw someone else mentioning the same player not long after in a completely seperate conversation.

Now, I had never came across this player before so I checked him out on Sofascore, he was a young player which is always a plus, so I made a mental note. He started the game and had a small rise. Great sign.

During the matchday action a notification comes up of a goal at Hertha, so I bring up the stream and I watch this lad take on three defenders and dink it over the keeper. My word, I am in immediately. Buy as many as I feel comforable with and wait.

Sure enough he starts to rise not long after I bought and I am a happy man. An hour earlier I had never heard of him but now I will tell the world about this lad called Dilrosun who just scored a worldy. He went on to grab an assist as well in the game and I made some decent coin.

Reading the market also comes down to who you think are good players for FI on top of what others seem to think. You can guage this in many different ways to simply seeing a player perform, crunching over data or whichever way suits you the best.

Interestingly, sometimes you need to go against what you feel about a player, if you think the sentiment on him is strong as there is still money to be made. Again, you can judge sentiment in many ways.

Engage with people, read premium and chat trading on IndexGain, get on Twitter and sieve out the crap to find the nuggets of information. It’s all useful and can help you predict which players will rise and who are dead duds.

Study the match day rankings

On a match day there a few essential things I have in front of me either on my phone, laptop and TV. One of which is the match day rankings. I must refresh that thing a thousand times if it’s on a Sunday gold day. I won’t leave them for around 10 hours or so. It’s a full days work. 😀

Well, I say I don’t leave them, it isn’t like I don’t eat and have gone as far as just wearing man-sized nappies to save me popping off to the bog but the matchday rankings are what it’s all about, and I obsess over them. They are my fundamental ‘research’ above anything else.

Not only to help you make decisions on your trading but they are the funnest part of the whole Index. I can’t imagine having a portfolio and only checking now and then on a Tuesday afternoon or something and seeing where it’s at.

Phil’s half-time score at the weekend. Great to see

There is nothing quite like seeing the race to the top commence as a player you either want to win, or don’t in some cases, continues to plough on those PB points as he is chasing down that top spot and oh my god he has just scored!

That goal may make all your dreams come true (you own) or kill your dreams stone dead (you don’t own. Well you used to but you sold him last week didn’t you d*ckhead?). Nothing beats it.

Of course you don’t even need to own a player to feel something positive as if you are like me you are waiting, prowling like a Tiger, biding your time for this player to score and then you strike!

Buy max, buy max, buy max, leave………………………………list, sell, bank the profit. Thank you, come again.

IPOs

Some people hate them. Me? I love em. What’s not to like? Wild instant rises and shed loads of money to be potentially made. Sign me up. Are they dangerous? Yes, but some are an open goal to instant cash.

Jude Bellingham, Harvey Elliott, Eduardo Camavinga, I could go on. These players are guaranteed to fly on release so it’s just a case of being there and how many you want to try and buy.

Sometimes the tech even crashes and people are given a complete gift by being able to buy as many Rayan Cherki, Adil Aouchiche or Japhet Tanganga as they like without the price moving an inch. Amazing.

Sometimes FI release them at 2am when most people are asleep and I wake up to a sight that makes me want to cry and rage at the same time. Can’t believe they did that, I called it as a joke half an hour before they released as well.

Sometimes they have a 5 day, 24/7 marathon of IPO releases that has you on your screen for 95% of this time. They did this during responsible gambling week! 😀

Have I lost money on IPOs? Hell yes. I have been burned more times than a bored kid playing with matches. Have I made shed loads of easy money? Hell yes, bucket fulls.

I am sad we are losing these events, and they are events. Heart pumping, endorphin releasing, bat crazy events for a more sophisticated bidding model but they were never gonna last for ever. Not in this format. As too many people moaned about them.

Soon to be released!

What’s crazy is when Nasdaq takes over, the system should be able to take a lot more traffic at a single point in time, yet this is when they are getting rid of fastest finger IPO’s. A little bit strange, especially as FI themselves make shed loads from them but there we are.

Hopefully we will have a big one or two before they are gone for ever and if the system wishes to crash leaving us all able to buy as many Giovanni Reyna as we want it will be a fitting and welcome farewell!

Surfs up!

This season has been an overriding success. I didn’t have the size of numbers I have made remotely in my sights when I started this blog. You can tell just by having a look over my first couple of episodes.

Each month I tended to think “ok, next month will definitely be flat and not as profitable” but sure enough it kept on chugging along. Even when the first couple of weeks into a month I had made jack, a couple of weeks later something would have came up that brought home the bacon.

Even when Covid struck, I was convinced that this is it. Finally, I am going to have to take a hit now. But after some initial hurt with Instant sell going crazy and eventually turned off, I invested into Jadon Sancho and he saved the day.

Now £2 higher and over £1k in Divs collected. Halved by holding atm.

Yet I always say to people that even with my profits going up and up it was never perfect. I have sold so many players too early it’s untrue, I have misjudged a players appeal in the market many times resulting in lost profits, blatant losses or money stuck in a dead hole.

“I should have bought more” is a constant phrase that comes out of my mouth without fail. “Why did I sell him?” is another. “Why didn’t I buy him?” is never far away.

But over time you learn to deal with it and attempt to learn for next time. It’s a constant battle with yourself when you go about your business as much as I do on the Index. It’s unavoidable.

“Scalping” or “flipping” is a ruthless game so you’re gonna get hurt here and there. The term I prefer however to sum up what I do, or at least have done thus far, is “surfing”. Because I basically ride waves.

When I am watching the market or watching a game I am basically a surfer on the beach looking out to sea for the next wave to rise. The idea is to get on that wave as quickly as possible and ride it out for as long as you dare before you think it will stop and die.

Sometimes you jump off (sell) too early and miss out on more, sometimes you stay on too long and you are trying to sell as the price is going down, not good.

Worse yet you are stuck on him and end up making a loss either right there and then or at some point in the future. I guess you could call that a wipe out.

Every now and then you make a huge mistake and take a big loss which feels like you have just been attacked by a Great White Shark and you have lost a huge chunk of your leg. Now those really f*cking hurt.

Son Hueng-Min in last seasons Champions League springs to mind, those in game spread changes really p*ssed me off. Lost my head on that one.

Thanks for reading

So, I have declared this as the last episode in the ‘Can I make a living from Football Index?’ series. It’s been a fun one to update, as I had no idea what the hell I was going to write about from one episode to the next.

I was waiting for that embarrassing month where I had a total nightmare and pissed away thousands trying to be a clever c*nt but it never came. I hold this at the phenomenal products door as much as my own, as the whole point of this series was to show the potential of Football Index.

Plus, could I answer that question I asked when I first joined in September 2018? Can I make a living out of Football Index? Answer: Yes, yes you can. Or should that be yes you could, as I really don’t know what the future will hold as we go into an Order Book system?

I supposed there is no reason yet to suggest you can’t, but it will certainly be a different platform to the one I have indulged myself in which had the instant sell function as a “safety net”. Remember that thing?

The past two years has been amazing. Mind blowing really. I sincerely hope the product will continue to grow and blow more minds for many years to come.

I am certainly not going anywhere yet but I will be looking for the most effective ways to make money as best I can. Sancho to Man Utd seems a good one in the short term 😀

I am not planning on giving up writing either, it’s just this series I am closing out. Ten episodes over a season leading into Order Books seems a nice way to package it up.

What I will come up with next season I am not sure yet, I will see how the product goes and what ideas spring out to me. I am sure something will. Before I bow out I am gonna give my buddy @IrishFI shout out.

If you love the Index or are just starting out than make sure to check out the ‘Football Index Weekly’ podcast’ with big John Nellis. It’s honest, funny and easy listening and you can have a listen here and on Spotify 😎👍

So that’s it. Ten episodes are up. 927% profit achieved. £62k added to the pot to split between the Index and my back pocket. All from a £6.7k start (that’s f*cking mad).

Thanks for reading and for all the comments I have had and continue to get, appreciate them all and let’s hope this product reaches it’s potential!

Find me on Twitter @GingerPirlo_FI

Peace out!

Episode 5 – ‘Can I make a living from Football Index’ – what a year!

“I am going to change my trading habits slightly come the new year…”

Welcome to the fifth instalment of the ‘Can I make a living from Football Index’ series and the last one of 2019!

What a year it has been. My first (crazy) January window, the share split, the new scoring matrix, the dividend increase and one or two deposit bonuses. Plus all the other bits here and there we get thrown from the FI headquarters.

(If you somehow haven’t signed up to Football Index yet, you can do here clicking this link You won’t regret it!)

I joined the index in Sep 2018 and regretted not finding this thing earlier. Over a year later, I am glad I found it to begin with. There are still so many people who haven’t even heard of it, never mind refuse to acknowledge it and call it a scam. They are all missing out!

Scoring Matrix
Keep this safe to hand

If you had told me a year ago the amount of money I would have in the index I wouldn’t have believed you. I am a man who bets cautiously. I may stick a tenner on something now and then, £50 if I am ultra-confident (very rare) but more often stick a couple of quid on an accumulator. That’s about it.

The numbers I am “playing with” are eye-watering on this kind of scale. I don’t have an exact clear number but looking back I committed somewhere between £2.5 and £3k of my own money, which was a big commitment. Trust me. Most of us had our own doubts over this product when we first joined up but I got over them and went for it.

 

Finish the year on a high?

“If he does, he could really rocket.”

December was a slow start and this new app update that shows you your all-time trading profit every time you log in is really annoying me. 😀

I have always kept a spreadsheet of my ongoing all-time profit which I would update pretty regular and it was a nice surprise to see where I was at and how much I made since the last update.

Now, it’s in my face all the time and it’s like watching a kettle that never boils. If it’s going down it’s pretty annoying. This little function seemed like a nice addition at first, but you only want to see it if it’s going up! If you can turn it off someone let me know.

Some December trades

I made some trades that look to be decent this month. First up is Alphonso Davies. This 19-year-old kid has put in some decent PB scores and if he continues to make the left-back spot his own at Bayern he may well be switched to a defender.

If he does, he could really rocket. Not that Bayern like to keep too many clean sheets these days!

Alphonso

I have noticed the impressive performances of Emiliano Buendia, PB wise as well as on the real-life pitch. He looked like a decent player to get involved in, so put a decent amount of shares into him given PL was the only league going over the Xmas period. I’m currently up 20p.

Someone else I have put a decent amount of faith into lately is Marcel Halstenberg. I stuck in a fair amount when he was sticking in that impressive PB score not too long back and sold most of them.

Once he had a dip I ploughed back in and have high hopes for him once the Bundesliga is back. Surely a £2 player in the making very soon.

Halstenberg

Some other lads I got into more than my usual amount were Hamed Junior Traore and Julian Brandt. Both stuck in a fine PB performance with a goal to their name, so were guaranteed to receive action.

I sold both of these prematurely. You can’t always predict the future but a little more patience regarding the significance of the Xmas break situation was needed.  T

Now, the number of shares I stuck into them is something I would like to go into a bot more below.

New Year’s Resolution?

I am going to change my trading habits slightly come the new year and be more aggressive with the number of shares bought and (try to be) more patient with the time I think of selling.

Using the above trades as examples. Davies was a good trade but I should have bought more. Brandt and Traore were 1200 and 900 share size trades but sold too soon. It basically comes down to thinking more like a trader rather than profiter.

Brandt

Not all trades are perfect and things happen you don’t always count on but if I think someone will get a nice solid rise over a period of time I shud commit to it more in shares bought and time given for it to happen.

Let’s see how that goes.

 

What about the 200 club?

Some additions this month were Jadon Sancho and Paulo Dybala for varied reasons. I couldn’t ignore the PB victory Sancho stuck in and with the inevitable transfer spec in January around the corner, I grabbed 200 just before he went over £7 and he has had a lovely rise since.

Dybala hasn’t moved but he has grabbed a PB win after I bought in and I have high hopes for him if Sarri gets his head out of his rear end and play him for 90 mins week in week out. He is the best player he has at his disposal and it doesn’t take a PhD to work that out.

paulo_dybala

There have been some big dips in the 200 club which has been a hole in my all-time profit figure. It has been a non-stop battle between me and my all-time profit figure staring back at me!

Messi has fallen off a cliff and I am only just in profit with him Cap App wise. He has dropped 56p this month and is a £1 off-peak. His dividends accumulated thus far is his saving grace.

Kroos and TAA also had significant falls with the latter only recovering this past few days with a big PB score to remind people of his quality. Kroos is down 30p and him breaking £5 wasn’t that long ago.

Then there is Memphis Depay. His ACL injury clearly devastated his price but I can report I saw the news pretty quickly and instant sold him before his epic drop and massive opening up of his spread.

So, I can’t complain about that one. What I did do was buy him back once I thought he had bottomed out and I plan to keep him for when he returns at the start of next season.

Depay injury

There is no reason why he won’t return to at least the price he was before the injury and if the prices at the top end increase significantly, on the platform as a whole, he could be worth even more than what he was

The club has the following active members: Sancho, Dybala, Neymar, Trent, Messi and Kroos. Although this may have changed come the next episode.

 

Gimme some numbers

I finish the calendar year with the following:

Let’s get straight down to the overall picture and I have an all-time profit of £35,930. I am writing this on 30th Dec so there is another day left to get to that £36k mark, fingers crossed I can do it. Nice little target.

Dec ATPDec Divs

The Dividends finish off at £5,248 which is up considerably from where I started the year and around has increased by £1k from last month. A thousand pound of divs is not bad at all for a trader like myself.

IPDs have played a huge part in this over my time. They have been a steady earner for me over the year and will continue to be so in 2020. The addition of Match Day divs has been very welcome and I have hit these at a regular rate this season.

For some overall perspective of 2019, I tracked down my all-time profit email from last November and the difference from then to now is there to be seen.

Remember, I haven’t deposited anything that remained in the Index, I have actually increased my withdrawals over this time period. The activity on the Index is profit feeding profit, over and over again.

Comparison

I mean, that it is just a bit ridiculous. 😀

The overall average profit per week since I started this blog series is now at £1,219.65. This has been over a period of 20 weeks.

Quick maths will tell you the total profit have made since starting this on 11th Aug is £24,393.07. This is an increase of 364% in 20 weeks. Lovely.

As for December specifically, the all-time profit is up £5,218 from the last episode which isn’t bad. It is over the £1k a week pattern that started to establish from the opening months of the season, which is kind of a benchmark I use each week as I go.

If you can be bothered, have a quick look back at the previous episodes as a nice outlook on the progress each month. I did not expect these numbers when I started. 😀

 

Here’s to a cracking 2020

As we toast a fond farewell to 2019, let’s hope 2020 is even bigger!

FI are pushing again this January with their marketing campaign to bring in new users and new money which can only be a good thing. Hopefully, prices at the top really start to get charging as it brings the rest of the market with it.

Another thing I would like to touch on is the #FICommunity. We are seeing more and more sad little morons creating all kinds of crap on the #footballindex hashtag to either rip people off with fake transfer stories or fake accusations trying to make names for themselves.

These people are a plague and need to be stopped. The next time you see something on Twitter claiming to either be a transfer source or saying this user has done this, that or the other, look at what you are actually seeing.

Look at the “evidence” provided in isolation and make your own minds up. These ppl need banishing and having zero credibility given to them whatsoever. I get my fair share but so do others.

Lots of us know who the fake story pumpers are, so blacklist them. Next time you see someone trying to discredit another user’s good name with no actual evidence whatsoever, blacklist them as well.

I am not talking about other users you just happen to disagree with on something and are looking for revenge, I am talking about the clear agenda riddled cowboys out for a quick buck or quick 5 mins of attention. These people are either scum or moronic, perhaps both. We don’t them.

We can all block and mute but a quick word to others as to what they are won’t hurt.

Here’s to 2020. I wish you good luck!

Follow me on Twitter @GingerPirlo_FI

To sign up to Football Index click this link and give it a go. You won’t regret it!

 

 

Episode 3 – ‘Can I make a living from Football Index?’ – The short term game. Changed?

“I was very much anticipating a big comedown update for this episode…”

Welcome to the third instalment of the ‘Can I make a living from Football Index?’ series.

I left you at the end of September last time out and let’s just say October has been…interesting. The big news last month was the Birthday Bonus and this month was even bigger news, as FI unexpectedly announced a Dividend Review from absolutely nowhere. Scenes!

They called it a ‘review’ but traders quickly took that as ‘increase’ and rightfully so. Not only did this announcement come from nowhere, but it didn’t take long for Adam Cole to get bored of waiting and decided to bring the full announcement forward from the end of his month to the 18th October.

So, within 10 days we had an announcement of a review to the detailed announcement that dividends were going to be increased by 57% across the board. They say a week is a long time in football but in the Football Index world, things move very big, very quickly!

Div policy

 

So what did I do?

“It was straight forward in my head…”

I mentioned in the FI Newsletters that I was fortunate to have my phone to hand when the message came through from FI that they were going to ‘review’ dividends. After a minute or so of trying to formulate what this meant in my head and some ticker watching, it clicked that I should be getting into Dividend earners. So I did.

I couldn’t buy them all but chose the first ones that came to mind in the likes of Neymar, Alexander-Arnold, Messi and Kroos to name a few. I wasn’t as quick as some but managed to get on at a decent time, which brought instant profits that gained more slowly over time.

The plan was simple, to keep until the announcement came when we found out what was actually going to happen. It was straight forward in my head that whatever they were going to announce was going to benefit these div merchants and was a safe bet.

During this time I made a few sales and topped up on a few others and without boring you with detail, by the time FI opened up the market with the 57% announcement my profits soared. I could have made more but could have made less, so not gonna hang on to any of that. No complaints 😀

57 decrease increase

Much needed

This random dividend announcement was much needed as it goes for me, as at the start of October my profits had flatlined. I was very much anticipating a big comedown update for this episode but this has practically saved it.

This was due to a mixture of a drop on some of my players from the birthday bonus ending on 30th Sep, being unavailable to trade on some decent match days and the International break coming in which was a bit of a dead dud.

Luckily for me, it’s very rare a period of time goes on the index without some event happening and this month has been no exception. Big time. Not to mention the actual birthday bonus landing in our accounts the next day after the dividend details came out. You beauty!

The ins and outs

I am typing this up on the 28th Oct, so just over a month since the last update. 33 days to be precise. I am gonna time a 28 days later update at some point just for the sake of it. Balls, it’s Halloween now would have been good. Oh well, chance lost, move on.

I will say straight away that I have made some withdrawals this month. I have taken out £1100 in total over this time period of 33 days. After the last update I did put back in the £800 I had previously taken out to take advantage of the 10% bonus, but that is back out again with another £300 on top.

Speaking of which, my bonus came to £652.30 which was a combination of money I had to spend in my account and some I was able to stick in afterwards.

So, some numbers:

Last month I had £12,752 in the index. This month I have £17,473. Which is an increase of £4,721 over the course of 33 days. This is an increase of 37%.

This maintains my ongoing average of making around £1000 a week. Was actually £1001.36 in this time period to be precise. I never thought I was going to be writing this after the first week of October let me tell you.

Since I started this blog series on 11th August the total amount made has gone up to £11,873.

I started this series off with £6,700 so this has seen a return of 177% over those 11 weeks. This is up from 102% last time out.

Just as a marker to show the more you have in the index, the more you can make. Last months update was a total of £6,852 made, so you can see how it can snowball, fast!

Below is a screenshot of my home screen as we speak.

Port Oct

My all-time profit now stands at £23,372. I joined the index at the start of September 2018 so about 14 months worth.

For those that ask, the amount of money I put in was around the £2.5k mark over a period of my first couple of months but my net deposits are now (minus) -£5,899. I have been free rolling with nothing but my own profit for a while now.

We received our all-time profit emails a few days ago, so I shall stick mine up below. Note the money made since the 24th Oct to 28th Oct is £672 and this is after a very average weekend of trading, to say the least. Trust me, so boring. One of the worst I can remember.

Oct profit

The short term game. Changed?

“…you have to take this into consideration, it’s just silly not to.”

So, with me buying into “Dividend players” this month, does this mean my strategy has changed? Well no, I will never change my in-play and fixture buying (as well as other strategies shown on the intro article) ways but I have added a “string to my bow” if you like.

I mean, it would be pretty sh*t bat mental for me to ignore dividend players when the index announce dividend increases which result in these players going through the roof, right? I’m on the index to make money, so did I buy Neymar for the first time in my FI life, you damn right I did.

In fact, after I initially bought him on the day of the original random announcement on the 8th October. I doubled my holding in him a day before the actual announcement on the 18th October, as I couldn’t understand why he was flatlining at the £7.40 mark.

Neymar

My experiences up to this point on these types of announcements are that the premium players who benefit most skyrocket. This announcement was no different. The lad broke the £8 barrier when the flood gates opened, reaching £8.22 before settling just below that marker.

I did sell the original shares I had in the boom time and kept the other half. I can see him going past this £8 barrier again once we tiptoe into November when the Gold days officially arrive.

When he eventually makes his return to the PSG team, I don’t think traders will be able to resist what he has to offer in this new matrix. 16p for star man, oof!

I have mentioned in the first few articles to the series that I have never been one to “chase PB”. That is still the case in general terms but this was down to a couple of things.

One being I have never had enough in the platform to hold a significant amount of shares in PB players to make it worthwhile. Not in my eyes anyway. I could make more doing my own thing.

Second, it was always difficult to actually win them, as even the best PB players in the world could be done by a journeyman defender scoring a GWG complete with a clean sheet or a hat-trick produced by some random French farmer.

Matrix

We now have a new matrix and we are seeing more of the better players being rewarded. We will always have an unexpected winner here and there, it’s inevitable, but I think we are genuinely seeing a more predictable setup. Although I don’t want it too predictable. Bit boring.

Now with a big increase in payouts gained for these winners, you have to take this into consideration, it’s just silly not to. Plus logic tells you these players will gain more and more investors and go up in price.

No matter the situation, I am always interested in players going up in price or bringing me decent money in some capacity. Aren’t you?

 

The 200 club

“I have my eye on some others”

With all this being said, my dream on FI has always been to have enough money in the thing to hold these dividend contenders, as well as having enough left to get on with what I do.

My first 6 months in the platform was a hard slog, scalping rises where I could and slowly building profit up. It was hard work but it was worth it and also necessary. If I had taken the traditional “sit on and wait” approach, I don’t believe I could have made as much.

I am not allergic to premium players, I just could never afford to have a significant amount of shares in them to make it worthwhile. However, I think I am starting to reach that moment.

So, literally last night after watching TAA smash up the PB screen, I have come up with a concept of a “200 club” where I am planning on holding 200 shares in players I think will regularly compete for these steroid injected divs on this jacked-up new scoring matrix.

TAA

These are to remain untouched and just left to do their thing. Barring any significant news such as an ACL injury or another Ronaldo “rapegate” (port crash flashbacks!!! Aaagghh!) they are to live and dine in the 200 club and left well alone.

I have a tendency to overtrade but I am making this “club” to stop myself from doing so. These players should bring home bacon and rise in value as the product does. Some will rise more and bring in tastier bacon than others but that doesn’t matter. Just leave ’em alone lad.

Why 200 shares? Well, I don’t think 100 or even 150 is really worth it but gaining a couple of quid per penny rise and “doubling” the div payouts (sort of speak) from 8p to £16 hard cash, if you see what I mean, sounds ok to me. I would like 300 but it’s just too much to have locked in.

The early entries are:

Neymar – The King. I had 600 shares in him for the 18th Oct and have 300 as we speak. I will trim this to the 200 share marker eventually but we should all have high hopes for Ney’s price, as he is basically the glass ceiling to the market prices overall. The higher he goes, he brings everybody else with him.

Messi – The Goat. I mentioned that I bought him when FI landed that bomb of a message saying divs were being reviewed (jacked up!) but Messi hardly moved. An example of my overtrading is thus, I bottled it and sold them after a few days of no movement. He obviously went up 60p and won PB since then! He may be getting on but he is set to extend his contract to 2021 so plenty of life in the old goat yet.

TAA – The Kid. Alexander-Arnold was hot on my list of buys on the day FI filled our souls full of hope again. He went up accordingly. So much so, in fact, my old habits of “take the profit” overcame me and I sold up the morning of the Spurs game. Yep, that’s right. I won’t mull on that decision but let’s just say that has inspired me to create the “200 club”. And yes, I am a monumental dickhead.

Kroos – The Boss. There are many midfielders who have benefitted hugely from the new scoring matrix. You know the ones people like. Pjanic, Parejo, Sensi etc. I like ’em too but in a market that is so competitive like the midfielder one is now, I believe Toni is the one. His base is just awesome. You can argue either way about his lack of goals that will cost him, or actually making him better as he doesn’t rely on them, but he is my man.

kroos

Those are the “four horsemen” as we speak and I have my eye on some others who may join the club like Depay, Kimmich, the group of midfielders everyone talks about, and others. I shall play it by ear for now, as these lot are expensive and the plan is once they are in, they are there to stay, so I am not gonna rush it.

 

How was the “normal” trading this month?

In a couple of words, not great. Well, that may be too harsh, as I did have a decent time of it over the European games period that just went by with the Champions League and Europa League.

£500 was made on the likes of Sabitzer, our mate Kroos, Oxlade-Chamberlain and Pepe so it wasn’t all bad. This weekend that just went by though was just poor. I did flip Ayoze Perez, twice, on the Friday night but of all the weekends I could have had free to trade uninterrupted, this was not what I had in mind. Snooze fest.

An average end after an awful start to the month with people selling whatever they could after the Birthday bonus and the International break being so boring I hardly paid any attention to it. The interest in these new International IPDs is already wearing off.

However, FI saved the day with a glorious and memorable middle that has changed the platform for a while yet. For the better, I might add.

 

Conclusion

“If you haven’t looked into it yet, no time like the present.”

There are a few days until the new Dividend structure comes in where Gold, Silver and Bronze take over our lives with 8p, 4p and 2p (oh, that’s the same) being the talk of the town and it could be an amazing time to be on FI.

They have also extended the div deadline to 3pm instead of 2pm which opens up even more opportunities for fast in and out trading. I will try and go into this in a bit more detail in the next update after a few weeks trial.

deadline 3pm

I am already seeing people getting excited and buying some premium players on the ticker and I think once we get into November officially, traders will be yearning to empty their wallets to get on players fighting it out for these jacked-up giveaways.

8p star man for Gold is outrageous and so expect people to lump on the first few winners of these, whoever they are.

4p star man Silver days have also given a specific market an almighty boost. I was already a keen trader on those 5/6 game double days, but now you can win 8p for holding someone coming out on top of a very small field of players. This is huge.

The first one of these is on 8th November and I have been holding Berardi (what feels like forever) as well as Odegaard and some others for this day. If you haven’t looked into it yet, no time like the present.

I shall see you next month and I am already looking forward to seeing how the Index looks after a few weeks of new div action!

Peace out!

Follow me on Twitter @GingerPirlo_FI

To sign up to Football Index click this link and give it a go. You won’t regret it!

Episode 2 – ‘Can I make a living from Football Index?’ – Will the good start keep going…?

“The index can offer you many ways to make money it’s just a case of taking advantage.”

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

I’m very pleased with the positive response to my first episode, on top of the intro, with lots of messages coming in, as well as many questions. This is all good and keep ’em coming!

Let’s get straight into episode two, the dreaded sequel! 😀

The last episode left you on the 30th of August, so I thought it would be good to leave it a month and see what progress was made up until the end of September. Seemed all very neat and tidy to me.

However, I have cut that short slightly by a few days after hitting a milestone on the 25th of September. I was planning on leaving the ongoing profit numbers until later on but I shall just get stuck into them right from the off!

Remember in the intro article where I started this series with £6,700? I used some of that to buy into fixture holds and kept the rest in my account for as and when I needed it. Well as approaching midnight on 25th September I have broken the 100% ROI return.

So to be clear, I have taken £6,700 as of 11th August and made another £6,700 as of 25th September. That’s a 100% profit return in just over 6 weeks. To be specific it’s actually £6,852.40 and 102% but you get the picture.

These are crazy returns and something I did not expect to get so soon.  As I was tracking my progress, I saw my profit continuing to rise its way to potentially getting to this 100% ROI marker by the end of the month.

It seemed more like a possibility as the days ticked by and then the 10% net spend Birthday Bonus landed on the 24th September and gave it a big boost over the line. Boom! Happy f**king Birthday! 😀

4th birthday

Before I lay out the numbers I would like to mention that I took some money out last week. £800 to be exact as August was one hell of an expensive month and I needed a boost. What’s making money if you can’t use it eh?

 

The numbers

So with that in mind, the actual numbers are as follows:

I have £12,752.40 in the index. If you include the £800 that would be £13,552.40.

This is a total of £6,852.40 made since I started this series on 11th August.

This is a 102% return made over the course of just over 6 weeks. 45 days to be exact.

This works out at a running profit of just over £1000 a week and £150 a day.

(The below is what my “Port” and account balance looks like as of 27th Sep.)

Port 27 Sep

Looking at the last episode I was going at a similar rate of around £1000 a week and I was fully expecting this to slow down but it’s just ploughed on. The birthday bonus has helped no doubt over the past 24 hours or so but it was still chugging along at a very healthy rate regardless.

I will say I don’t expect it to continue but I said that last time! Plus I still have the actual 10% to land in my account in a few weeks which will be a nice thing to receive. For the record on that, I had just over £6k in my account balance when it was announced and I will spend all of that come 30th Sep so I expect it to be receiving around £610. Lovely.

My all-time profit now stands at £18,352 which is just crazy when you consider a year ago I was testing the waters after just joining with £50, then a few hundred, before committing a couple grand more. I never expected these returns. Never.

 

What I did this month

“Not all flips make money and go to plan.”

Well, some of the first things I did this month were sales. I still had on my hands the Bundesliga front line trio of Mr Weghorst, Waldschmidt and Petersen and after a quiet weekend they had come to their expiry life in my port and I instant sold the lot.

I also decided to get rid of Sven Bender who I had invested a fair share in and had high hopes but even though his PB did outscore Tah, he just hadn’t quite hit the heights and I sensed a sell-off coming, so cut the rope myself.

I had made very good profits on all of these players but given I instant sold them, I took a little hit with the spreads and commission paid but I did the right thing, as they all had a little dip with other traders following suit and selling themselves.

As far as buys go, I make so many trades when it comes to writing it up it’s a difficult task. So, what I will do is follow on from something I did last time and make a list of some Hits, Flips and Misses to show some of the action that went down over the month of September.

Hits

Domenico Berardi – bought 600 for £99p – Sits now at £1.69

I have a new man crush. What a lad he is. He is involved in everything Sassuolo do going forward, he takes free-kicks and corners and if he isn’t scoring himself he is setting someone else up.

I bought him on 6th Sep for the single-game day against Brescia on the 4th Oct in mind. I knew he had performance in him so decided to get in on him nice and early within the 30 days for IPDs.

domenico-berardi

From that time he has bagged two goals away at Roma and grabbed two assists in the next match against Spal. I am currently 70% up on him and feeling pretty sweet.

I had already flipped him when he got his hat trick on the 1st September before buying him again, so he has returned a very healthy amount already…and he hasn’t even got to the game I bought him for yet!

Also wanna quick shout out for his mate Alfred Duncan who I also got 600 at just 39p. I have sold him now when he reached 59p but he is never too far away from setting up Berardi and are a great double act.

Javairo Dilrosun – 900 for 86p – Sits now at £1.25 

Hertha Berlin had/have some decent fixtures in the month of Sep/Oct and there was a bit of talk on one of their exciting players Dilrosun coming back into the team, so I kept my eye on him.

He went and obliged immediately by taking on 3 or 4 defenders against Paderborn before slotting one in the net, so I went in. He later picked up an assist so grabbed me 2p of IPDs and some very sweet CA was to follow.

Dilrosun

He has gone up and up since I bought him and is currently at a 40% rise and with some single games to come, I won’t be moving him on anytime soon. Cracking little player.

Martin Odegaard – 300 for £2.16 – Sits now at £3.25

Most traders know about or have at least heard of Odegaard and his move to Sociedad was an interesting one to keep an eye on. As soon as he scored and also put in some decent PB scores I went in.

Ode

He has gone up way more than I anticipated and wish I had invested more than 300 shares. He broke the £3 mark with birthday bonus money piling into him and with a fantastic performance with an outrageous assist vs Alaves I am now sat at over a £1 rise.

Robert Lewandowski – 300 for £1.58 – Sits now at £1.84

This wasn’t my usual type of player to buy. Lewa is the type of player on the Index that can score in a game but his price goes down afterwards. However, when Bayern went to Leipzig they had some cracking fixtures afterwards.

So, I made a pact with myself that whoever scored in the game I would buy for the IPD discount and keep for these games. Within a couple of minutes, old Lewa bagged one and I was in.

Lewa & Cout

I only went for 300 given my reservations with him but after a few more goals in games after bringing more IPDs and the birthday bonus giving him a very healthy price injection he is sat on £1.85 as I type. Decent trade if I can get out at a good price. We shall see.

Philippe Coutinho – 300 for £2.15 – Sits now at £2.66 (over 5 days)

I couldn’t ignore Coutinho’s PB winning score the last week of 298. He also took a pen when Lewandowski was on a hat-trick which tells me he could be the designated taker.

Cout

I grabbed 300 as I felt a score like that won’t go ignored and within an hour he was up 15 to 20p. He has had an extra injection with the bonus money piling in, like many have, and I will keep him to see how he gets on.

Casimir Ninga – 600 for 47p – Sits at 67p

I flipped this lad when he bagged a hat trick off the bench for around 1200 shares. I wish I had just kept him and took the IPDs on top as in the next game he put in a quality PB score and grabbed an assist.

I decided to go in on him and I am glad I did as he has gone up 20p in a matter of days. Hopefully, he will not only keep his price but continue his form, helping Angers sit joint top with PSG. Crazy

Flips

I make a lot of trades including flips so I will do my best to list some below. I’ll do it in most recent first as I can remember those easier when I trawl through my transaction history.

When the Beta site is up and running I will start downloading my transaction history. Its too complex to go through how much paid and sold for atm so I will list names below and how many flipped.

The following are just from the past week alone since Tuesday’s Champion League night:

Oyarzabal 600, Ocampos 300, Oliver Torres 300, D’Ambrosio 900, Yacine Adli 600, Golovin 600, Arthur 900, Ninga 1200, Benes 300, Thuram 600, Cresswell 300, Budimir 300, Nyom 600, Caputo 600, Saracchi 600, Sabitzer 300, Orban 600, Chris Wood 900, Alario 600, Cazorla 600, Stengs 600, Saka 600, Di Maria 300, Valbuena 600, Tagliafico 900, Edson Alvarez 900, Szoboszlai 300, Haaland 900 on 1st goal 600 on 2nd goal.

 

Oyar

As you can see I make a lot of trades in-play. Whenever a goal goes in, I always check who it is and his price with his spread. If it seems viable I will jump on. If not but I think another goal or assist would be, I may buy 1 share to have him there ready.

Not all flips make money and go to plan. Some I get on too late or don’t rise as much as anticipated. It isn’t as easy or straight forward as it may seem. Some people will not go anywhere near in-play action due to its nature.

I have had a lot of practice which has brought its fair share of burns but its all experience. Like anything, the more you do it the better you get. That will do, not listing anymore, be here all day! 😀

Misses

Erling Braut Haaland

You may have caught that I flipped him in-play when he went on a scoring spree on his Champions League debut, but my profits on him could have been so much more.

I bought him a few days earlier when he put in another performance for Salzburg but sold him not long after to free up some money, completely forgetting he was due to finally play a PB game.

During that time he rocketed up an eye-watering amount by the time that game kicked off. D’oh!

erling_braut_haaland

Donyell Malen

This one is a bit hit and miss, as I had bought 600 Malen at a similar time as Haaland on that weekend, as he scored 5 goals for PSV in one game. Unlike Haaland. I kept hold of Donyell for a few days and made good money as he went up about 30p or so.

Problem is after Haaland went crazy on Tuesday night, the market decided that Malen may do the same so he had another injection of money piled into him and went up a further 40p. Very annoying.

Michy Batshuayi

Now this one really p*ssed me off 😀 I sat and watched the likes of Dries Mertens and Romelu Lukaku rise for a course of a couple of weeks or so, as traders were looking forward to Belgium hammering San Marino.

That’s fine, except in the back of my head I had a feeling they weren’t gonna play and Martinez would give Batshuayi a run out instead. The day before the game I had notifications on IndexGain set up on Michy’s name and it was now a simple case of waiting for the team news.

Bats

When the team news came out, where was I? Sneaking off for a quick piss and left my phone to charge so completely missed it and the 13p rise that came. Blew my top on that one!

IPOs

If Batshuayi blew my top, waking up to all those IPO’s already out and pumped as they were released in the middle of the night was nothing short of devastating. Could have cried 😀

What makes it worse, is I was on IndexGain at half-past midnight cracking jokes as to whether they will release some soon. I quote, “If I worked there I would release one now for a laugh”

If I had taken my own wild sense of humour more seriously and stayed up just 40 mins longer I would have cashed in. I reckon I missed out on a couple of grand there at least. But I am over it now…honest.

ihattern

 

Main strategy on the index

“I couldn’t recommend this type of in-play/fixture buy strategy enough”

The above were some picked out Hits, Flips and Misses but if you ask me what my main strategy is at the minute it’s fixture buying. I can buy a player looking ahead of anywhere up to a month. I don’t really go too far beyond that.

Fixtures I look out for are any regular single game days in a short period of time or literally just decent fixtures back to back in the 30 days window for IPDs. It really isn’t rocket science, you just have to think about the timing of trades to make the most out of it.

Another aspect of this I have been actively doing lately is merging my in-play stuff with future fixture buying. My Lewandowski and Coutinho trades are an example of that. I knew Bayern’s games coming up so grabbed a discount.

I couldn’t recommend this type of in-play/fixture buy strategy enough. It doesn’t even need to be a long list of upcoming fixtures. It can literally just be the next game.

If there is a single game coming up for a team and their relatively cheap striker bags one or even two IPDs, get on him and just wait. Traders will always look for players in form and buy accordingly in the days leading up to the next match.

Real Betis Balompie v Girona FC - La Liga

I did this with Loren Moron a couple of weeks back and he went up sh*t loads by the time the next game had come along. Traders see his goals and assists and decide he is a good buy. The trick is getting in early before these trades commence.

Another example is Amine Harit. I saw that Schalke had a nice looking single game on a Friday night, so kept my eye on their match before this vs Paderborn. They smashed them 5-1 with Harit scoring twice.

He was the best player on this pitch so I invested heavily in him. I took the IPDs and kept for the next fixture as other traders were bound to catch on to his skills. Sure enough, he went up gradually during the week and sat 30p higher than what I paid for him.

Amine Harit

Now, the problem for me is that as I was working that Friday night I couldn’t keep track of him so I sold him the day before the match. He went on to be star man and I missed out on some serious profit but that’s for me to chew over. Point is, the theory works.

So if you want my advice, look at the fixture lists. Keep an eye on Twitter for accounts showing single game days or 5 game double days and make a note. Even just a mental note. It can be a very solid and consistent way of making money on the Index.

 

Signing off

I’m gonna wrap this episode up here as I don’t want them to be essays. I am looking forward to the next one and seeing if this rate of income can continue. If I had to make a bet on it I would say it will dip but you never know.

When I look at some of the opportunities that I missed over the past month it shows what can be achieved if you are on it and sharp on a regular basis. The index can offer you many ways to make money it’s just a case of taking advantage.

The IPOs happening in the middle of the night is an example. The Birthday Bonus is another. The international games offering PB and IPDs is another. Next month could see something else come up. FI can be the gift that keeps on giving if you are set to take it.

I mean, I’ve made 100% ROI in 6 weeks of starting this blog series. That is crazy.

Thanks for reading and see you on the next one. Don’t forget you can find me on Twitter @GingerPirlo_FI and I’m always on IndexGain. I am also now apart of an FI Newsletter with FIG and co so keep a lookout for that. It comes out every fortnight.

Peace out.

To sign up to Football Index click this link and give it a go. You won’t regret it!

 

 

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!

To sign up to Football Index click this link and give it a go. You won’t regret it!

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 March, 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.

To sign up to Football Index click this link and give it a go. You won’t regret it!