Page 19 - Buildingastrategy
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BUILDING A STRATEGY PART 8
TRANSFER WINDOW
The transfer window can be one of the most volatile times in
the market. It takes no prisoners, prices might rise one minuet
and then fall the next. If you are just joining football index
then it can put you off.
After reviewing countless trades over three separate transfer markets on
football index I have come up with a system where it is very difficult to suffer a
big loss. However it requires a disciplined approach as you need to follow
certain rules.
Rules for entry
You catch the breaking news.
Catching breaking news on transfer rumours is usually down to luck because
you have no idea when its going to come, but if you are lucky enough to be
trading at the time this is your first entry signal.
Player in question is moving to the premier league
Weather its from premier league team to premier league team or from Europe
to the premier league, a rumour of a player moving to the a new premier league
team will always see a price rise
The rumoured player is either on the decreased list or has not risen at all in the
last 24 hours minimum
Players with a premier league transfer rumour will always rise no matter if the
rumours is true or not! this is why if you are going to catch the rise you need to
get on at the bottom.
Exit strategy
Your exit strategy comes down too a few different scenarios.
Follow the trend
To get the most out of the trade do not exit to early, if the rumours are still
being reported then its likely the price of the player will rise even more.