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My thoughts for anyone interested:
Am I annoyed my port has dropped £300k - Yes.
Am I annoyed FI have clearly messed up again - Yes
Am I annoyed that in 5 years me or 10 of the smartest traders I know haven& #39;t been directly engaged to perhaps prevent things like this - Yes
Am I annoyed my port has dropped £300k - Yes.
Am I annoyed FI have clearly messed up again - Yes
Am I annoyed that in 5 years me or 10 of the smartest traders I know haven& #39;t been directly engaged to perhaps prevent things like this - Yes
That being said, am I worried or panicked - No.
I actually think this is the most exciting time to be on FI.
I also think the jolt to really understand that prices are set by traders now and this is actually a trading platform is needed. The opportunities are/will be immense.
I actually think this is the most exciting time to be on FI.
I also think the jolt to really understand that prices are set by traders now and this is actually a trading platform is needed. The opportunities are/will be immense.
Unfortunately, it& #39;s a waiting game to build liquidity and functionality, to enable traders to make better decisions and to take advantage of situations to profit more.
However, nothing has fundamentally changed so to shake out some weak hands is no bad thing either.
However, nothing has fundamentally changed so to shake out some weak hands is no bad thing either.
What would I do if I was FI?
Personally, I wouldn& #39;t say much other than to re-iterate this is unfortunately part of the bedding in process of order books.
However, it& #39;s been clear that a core community of a few thousand traders have consistently held up FI in times like this
Personally, I wouldn& #39;t say much other than to re-iterate this is unfortunately part of the bedding in process of order books.
However, it& #39;s been clear that a core community of a few thousand traders have consistently held up FI in times like this
So I would like to see a very creative and generous deposit bonus to those who heavily back FI, depositing and recycling dividends from yesterday to the end of the year with a MUCH larger cap than 10%.
Similarly, I would also like to see 5x IPDs stay until the end of the year.
Similarly, I would also like to see 5x IPDs stay until the end of the year.
Having been fairly ambivalent before, I think larger IPDs or something similar could be very interesting. I felt FI over the weekend was much more exciting with them personally and there is/was an excessive focus on youth vs the present day which I don& #39;t think is beneficial.
What would I do if I was a trader?
I do feel for those newer traders who have sold at huge losses. It is an undeniably big hit to the brand and credibility. I don& #39;t think much can be done to get them back other than to develop the platform for when/if they give it another go.
I do feel for those newer traders who have sold at huge losses. It is an undeniably big hit to the brand and credibility. I don& #39;t think much can be done to get them back other than to develop the platform for when/if they give it another go.
But it& #39;s clear many other traders are either:
- Overexposed
- Do not really understand the platform and its developments
- Do not believe in their holds
- Are expecting a bit too much of an easy ride / free money train
- Overexposed
- Do not really understand the platform and its developments
- Do not believe in their holds
- Are expecting a bit too much of an easy ride / free money train
To that last point, nothing in life comes without risk. It seems people are happy to talk a good game on the ups and quick to show their wobbly knees on the downs. It& #39;s a little bit childish imo and it comes back to the same point, don& #39;t risk more than you are comfortable with.
I don& #39;t want to sound too scathing or unsympathetic as I do believe it& #39;s fundamentally an unnecessary failure on FIs part. But we are all adults and make our own decisions so I frankly don& #39;t understand whining about a possible outcome of your decision (
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Tabelle mit Abwärtstrend" aria-label="Emoji: Tabelle mit Abwärtstrend">) actually occurring.
