We spoke to @SpotFI for this weeks trader profile who has a return on investment of around 150% from being on the platform for only 10 months. He gave us a great insight into the way he regularly changes his Football Index strategy in order to stay ahead of the market. Chris is also the first trader we’ve spoken to who has really taken advantage of the new In-Play Dividends (IPD’s) and buys shares in players for 30 day holds.

We spoke to @SpotFI for this weeks trader profile who has a return on investment of around 150% from being on the platform for only 10 months. He gave us a great insight into the way he regularly changes his Football Index strategy in order to stay ahead of the market. Chris is also the first trader we’ve spoken to who has really taken advantage of the new In-Play Dividends (IPD’s) and buys shares in players for 30 day holds.

How much money did you initially invest in Football Index?

My initial deposit into Football Index was £10 around December 2018. I had a little play around and despite not having a clue what I was doing I got completely hooked. From there on I gradually deposited more and by the end of February, I had about £400 of my own money in the platform.

Fast forward to the start of April I was around £200 up. This had come from a slow and steady approach with players share price gradually increasing. I’d also made a lot of mistakes along the way which is easy to do when you first start, but despite this, I had ‘made’ a return of 33% from my investment.

This made me realise the potential of the platform and from here I decided to put more money in and treat it as more of an investment than just a bit of fun. After a lot of research, I rounded my investment up to £1000 buying 1000 shares in a couple of players I really believed in.

What is your current Return Of Investment (ROI)?

From the latest email I received last month from Football Index my ROI was around 140%, but I’d say it’s more like 150% now. I really should really keep track but it’s not something I’ve ever been too concerned about.

When you compare this return to my returns from traditional betting, it’s no comparison. You can see below how my betting history on SkyBet over 12 months compares.

If you think of the profit difference between that and my portfolio, especially when you consider I have only been on the platform for 10 months. I have a little motto, Accas are for show, the football index is for dough!

How have you made your profit from the index (Capital Appreciation vs Dividends)?

The majority of my profit has come from capital appreciation. My current dividend total has just tipped over £150 so that only represents less than 10% of my overall profit.

I expect this number to rise over the next year. My estimate is that dividends will account for more like 20-25% of my profit this time next year due to my change in strategy. I’m hoping my new trading style will generate IPD’s quite often, as well as the odd PB win.

Biggest Winner (Player), What happened?

The biggest winner is a hard one. I went big on Trezeguet and Angelino before their summer moves and made over 100% on both. So in terms of money, those two definitely stick out in my mind. Because of the way I trade (I rarely hold players for more than a couple of months) I tend to have lots of small wins quite frequently, rather than big wins not so often.

Biggest Loser (Player), What Happened?

In all honesty, I can’t think of a specific loss off the top of my head. I’ve not had any major ones. Again as my trading strategy is generally short term holds and the fact I put a lot of research in before buying I haven’t lost a large amount on one player.

I have obviously had a couple of players whos share price hasn’t moved much or dipped slightly and I made a slight loss after commission, but these only tend to be small amounts. Currently, I only have one player in my portfolio that I’ve held for over 2 months. So in the same way that my wins are small and often, my losses are too (although hopefully nowhere near as often).

Do you have a trading strategy on Football Index?

There are obviously several different ways to make money on Football Index and I think your trading strategy should be what suits you best. My Football Index trading strategy has changed a lot since I joined. A lot of people will tell you to pick one strategy and stick to it but I personally like to follow trends.

At the minute, I’m trading very short term with single game days and good runs of fixtures in mind. Essentially, if I see a team with a couple of single game days coming up in the next month or so, or there’s a team with say, 9 fixtures in 30 days, I’ll get on players in those teams around 30-40 days before said events.

Generally, I’ll go for the goal scorers for Football Index In-Play Dividends (IPD) or players most likely to win Performance Buzz (PB), as these tend to see the bigger rises. Wolfsburg is a great example of a team who was in this situation recently. Favourable league fixtures against mid-table or lower Bundesliga teams combined with a couple of single game days saw huge rises in Maximilian Arnold (PB player) and Weghorst (IPD player). So for me, my short term trading strategy of trying to be one step ahead of the market seems to be working well.

Ideally, I’ll get in 30 days before I expect the players to be most in demand. Sell on the rise and take and IPD/PB wins you get in the meantime as a bonus. Small profits, very frequently. In and out, get it on the next one and compound it.

What is your advice to new traders on the Football Index?

Let’s start with the obvious, do your own research. Every trade you make should be based on research that you’ve done yourself it is as simple as that.
My second biggest bit of advice to new traders on Football Index would be to not buy anyone you see being ‘pumped’ on Twitter. Not at least without having a good look into them first.

If there’s a player being talked about a lot on Twitter, I’d say that 8 out of 10 times that is probably the best time to sell. It might seem counterintuitive, but it’s better to sell early and on the rise, rather than getting too greedy and maybe having to instant sell on the way back down.

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