To those moaning about the ME... 1/6

I sold Cordoba for 60p, Uth for 51p and Muller for £1.

They were 88p, 83p and £1.25 buy price.

That's a 32%, 39% and 20% loss on each.

Sounds awful, right?

#footballindex

Yes, but, I thought about the opportunity cost of owning these players.

Firstly, that money sitting in those players I only saw going down in value & even leading up to the new season, I don't see them exceeding their current buy price.

2/6

#footballindex

That's over 2 months MINIMUM of dead money (or worse, falling in value). It could be a lot longer depending on performances.

Now, we have the chance to bid for no commission, so I looked at who I could buy at a decent discount to negate those losses I took.

3/6

#footballindex

I picked players I actually want & matched bids at hopefully their bottom price. All I can see now for the next 2 months & beyond is these players rising. I picked them up between 10 & 26% discount.

Am currently at a loss based on these transactions? Yes...

4/6

#footballindex

BUT... instead of having dead money in Muller, Cordoba & Uth for 2 months, I'll have money in players that will increase. In 2 months time, I will be in a far better position then if I just held because of shite IS prices and moaned about it.

I could have traded better...

5/6

Had I not hesitated, I could have got more when I sold. I also put in bids on players a bit early.

My point here is, trade what's in front of you. The platform has adapted so we need to. Due to changes, my previous holds were poor, so I did something about it

6/6
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