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TRADE 3: 10 Filipe Luis at 76p (£7.60)
Our first trade from The Squad is driven by rumours. The Atletico Madrid defender
has been as high as £1.18 but is predicted to be out till next season after a bad injury,
prompting a big sell-off. But now fresh rumours say he’s back in ‘light training’ and
we’re fortunate to catch these almost as soon as they appear online. We hope for a
quick rise when others read the news and buy on the basis Luis can still make it to the
World Cup.
Rumour tips
• Aggressive price movements usually happen within the first hour
• If a player’s already on the risers board it’s usually too late to make quick cash
• You think it’s a rubbish rumour? Doesn’t matter! Others will believe it. (Prime
example that understanding the market is more important than football
knowledge.)
Because Luis has plummeted in price only due to injury his price now is value. He
doesn’t hang about in our portfolio very long because within a few hours he’s up to
89p. We’ll take that, flip Filipe, and get out before fickle traders are on the next
rumour.
TRADE 3 SETTLED
TRADE 3 SETTLED
WINNER!
10 Filipe Luis bought at 76p (£7.60p)
Sold at 89p
Rise +13p
Credited to Account £8.63
PROFIT £1.03
All ‘In Account’ pricess calculated after deducting 2% Index commission