What a topsy turvey few days. From mass hysteria and shock about the market collapsing to the 1D community mobilising to fight #footballindex Shits too weird for me...๐ Riding off into the sunset (with lighter pockets than expected!)
Even with a day off mass trader activity (largely selling) theyโd only have made c.ยฃ35k in commission. Last one out, turn off the light. #footballindex
@holdtightyeah Itโs an in-enviable decision. They could survive and prices go back up. I took the decision to sell as canโt see how they could recover their reputation. Trustpilot is very telling.
As I understand it #footballindex has medium protection on cash balances, this means in the case of insolvency your balances are insured by a 3rd party. Any shares/positions you hold will NOT be protected.
Not how I planned to spend my Saturday trying to liquidate a portfolio that Iโd spent years building. Bit numb really as #footballindex changed the way I watched football and the community was a good laugh. I hope you all come out better on the other side.
@fi_whitty What would make an unfulfilled bet on FI class as โfulfilledโ? I might be wrong but usually in terms of insolvency only cash balances are protected