Feb 2, 2020; Miami Gardens, Florida, USA; San Francisco 49ers fullback Kyle Juszczyk (44) scores a touchdown during the second quarter against Kansas City Chiefs strong safety Tyrann Mathieu (32) in Super Bowl LIV at Hard Rock Stadium. Mandatory Credit: Matthew Emmons-USA TODAY Sports
One of the reasons why Football Index is so much fun to play is because it’s an easy way for a true lover of the sport to earn some side money while doing something they were most likely already doing: keeping tabs on the football scene and their favourite teams and players. However, putting together a strong index portfolio to win big in the game requires more than just knowing the latest available statistics. It requires a certain amount of skill and savviness to go from merely playing in the Index to excelling in it. Read on for our guide:
As with real-life stocks: diversify
Even in real life, the first and most valuable piece of advice you’ll receive when investing and trading stocks is to diversify. Diversifying your investment essentially means not putting all of your eggs in a single basket. To win big on Football Index, you should invest in worthy players even if they’re not wearing your favourite team’s colours. Diversification lowers your risk if one of your players becomes a worthless investment as a result of being benched, suffering an injury or even a scandal off the pitch.
The ideal Football Index portfolio should contain at least 25 different players, and no single player in it should possess more than 10% of the entire portfolio’s value. Go for a mix of players that have proven themselves capable of earning media dividends consistently, as well as some that you feel are likely to earn performance dividends later on. It’s also a good idea to stack your portfolio with both well-experienced players as well as any future breakout stars you have had your eye on for a while. A mix of both youth and experience can be the key to your success.
Do your research
You’re never going to be able to build a strong Football Index portfolio if you rely solely on word of mouth from other traders and allow their choices to influence yours. The successful Football Index trader does his research and stays on top of information, thoroughly studying every potential trade and purchase and weighing the upsides and potential downsides of making it. Doing the research also allows you to purchase with confidence, knowing that you haven’t sunk your money into a bad deal.
The statistics you may want to keep an eye on before buying into a player include age, match fitness, how many minutes the player has played, and performance history. Check the player’s previous average and peak buzz scores, as well as any accrued media and performance dividends.
Keep an eye on the rumours
The market adage “buy the rumour, sell the news” is based on the belief that stock prices move in anticipation of rumours and can rebound once that rumour becomes news. The same is true for football players being traded in the Index. The value of a player can skyrocket for a multitude of reasons: player performance, positive media coverage, or simply regularly earning dividends.
Keeping your pulse on what’s happening in the football world can help you get ahead in the Index when you buy shares on a player on the rise and them dump them once you think the hype surrounding him is starting to die down. The inverse is also true: you can save yourself a lot of heartache by dumping early on a problematic player in your portfolio before a scandal regarding his personal life hits the mainstream media.
A strong index portfolio should be able to withstand short-term market fluctuations and pull your investment through even the worst days. Focus your attention on finding long-term value, keep a finger on the pulse of the latest football news, and stay objective, and you should develop the skills required to become a successful Football Index trader.
