Trading Basics Terminology
Hey Guys,
Our goal here is to facilitate learning while giving you specifics, too. We want you to have specific players to buy and prices, but we also want you to understand WHY we suggest them. There are also some methods that don't require or are not optimal with specific prices, but it's far more important to understand the methodology.
Anyways, here we have constructed an important list of terminology we will use in posts here and on Discord. It's important to understand these before continuing! We’ll take the next 24 hours to answer questions on any of these terms! 🙌
We will more in-depth on many of these, but here’s an overview you’ll see in other posts
BIN = Buy It Now
TOTW = Team of the Week
OTW = Ones to Watch
OOP = Out of Packs
WL = Weekend League
Trading - Short-term flipping cards used to make quick, small profits! This method provides very low-risk as you are not reliant on content or EA to make coins
Investing - Longer term holds, often with large amounts of a certain card or types of cards. The reason for investing is due to a specific reason or event that we believe will increase the price of a card. Prices rise for various reasons, such as cards going out of packs, SBC’s, Thursday flips, etc.
META players/cards - These cards are players who fit the current gameplay extremely well making them overpowered and very in-demand. Examples in Fifa 20 include Ben Yedder, Mbappe, Neymar and Kent.
Snipe/Sniping - This is the process of using filters to buy cards now that are JUST listed. Others have more recently dubbed this the 59th minute method. The idea is getting great prices of cards just recently listed.
Flipping/Day Trading - These terms are generally used synonymous. This is generally trading with cards out of packs as they naturally fluctuate in price. It's really important to note that cards cannot stay at one exact price ALL day!
Fodder – These cards are used in SBC's and do not function well for gameplay. A few perfect examples of this include Busquets and Kroos. They're used in SBC's due to their rating/card type and not often seen for gameplay. We suggest buying when they hit specific prices or we foresee an upcoming SBC!
Out of Packs – Most special cards are only in packs for a certain period of time, like during a promo or TOTW. Most cards will increase in price over time after going out of packs, due to an increase in rarity. For example, TOTW cards are in packs for 1 week only. The non-meta cards will be used in SBC’s, and since they’re no longer being packed, they become scarce and their value increases. A case of supply and demand.
Other examples include investing in gold cards that will get a special card. If a card receives a TOTW for example, their base gold card will no longer appear in packs.
Selling/Sell/When to Sell - We very rarely provide an exact sell time. For one thing, it doesn't help if we induce a mass amount of selling from our Discord. Secondly, it is nearly impossible to find a "peak" sell time. This is something you learn with experience in different situations.
The key is to sell when you are happy with the profit! Often times right after a card reaches a peak price, they quickly fall. This is why it's important to take what you're happy with, but we do typically aim for at least 5% after tax on each card
Buy/Buying - When Jake shouts a card to buy without prices it means he likes their current buy now on the market. This is used in a situation where time is of the essence and even researching the prices can impact results.
Most often, Jake will give buy prices. He tends to use averages or even lower ends of daily fluctuations to give you the most profit possible. Often going a small % over is okay! When it comes to how many players to buy, it’s recommended to spread investments to minimize risk, so the amount to buy is up to you and your own risk tolerance.
Weekend League Sell Off – Many players buy their teams exclusively for weekend league, then sell their team once they have completed their games. Every single week. This results in a trend of card prices being higher on Thursdays/Fridays when people are buying their teams, taking cards off the market. And then card prices being lower on Saturday night/Sunday/Monday with those cards going back on the market. A simple case of supply and demand. More cards on the market lowers prices as people undercut to sell their card. Less cards, higher prices.
Thursday Flip – This is the act of buying cards earlier in the week, and then selling for profit after Thursday rewards (rewards from the previous Weekend League and Division Rivals). Thursday rewards brings a lot of coins onto the market, therefore people have more coins to spend. Usually these flips are META cards that people want for their teams, that we have invested in. They tend to be lowest on Sunday/Monday for Weekend League sell-off, and then rise throughout the week. They start increasing more heavily on Thursday 3-5 hours after rewards as the market rises by everyone getting coins. They use these coins to buy their WL teams, thus raising the price of meta cards.
If you prefer a shorter investment, Thursday Flips should go up a nice % from Wednesday to Thursday if invested in the correct cards. Sometimes it's optimal to trade into the week and buy flips on Wednesday :)
Sunday Bidding – This is Squad Battles rewards time, which is at 12am UK on Monday , so it is generally better for the US time zones. The packs aren’t great, so the majority of the cards entering the market are gold fodder cards, specifically non rare golds. Since there is less competition with most of the world sleeping, we bid on these cards for way under their normal price. Sometimes as low as 50-75% under the usual BIN of the card, or even close to discard or min price. The time to bid is 1 hour after rewards come out, because when people open the packs, they just lazily list the cards up for 1 hour with the min start and max BIN.
We choose non-rares that are in current use for SBC's or that we think will again in the future.
If you miss the initial buying window, cards tend to be packed and stay low until around 9 AM UK on Monday. This is due to Europe waiting to the morning to open their Squad Battle Rewards.
Club Stock – This is when you buy 1 of each card (within a selection) to stock your club, but not take up transfer pile space. It's a clever way to invest with having full trading ability as well. For example, we may call a club stock of fodder golds for 84-90 ratings, because something drove the market down, and we believe it will go up. That would mean to buy every non-meta 84-89 gold that is close to the lowest price of that rating. So if the cheapest 84’s are around 4K, then buy one of every 84 you can find near 4K. Use Futbin to identify all of the cards in a rating, and their current prices.
Discard Investments – When Jake says that something is discard it means you can quicksell it while hardly losing any coins. They are some of the safest investments we offer and are very low-risk. For example, 81 rated TOTW cards that you buy for 10K-11K. They discard for around 9700, so there is minimal risk of loss. Discard investments are fantastic as if they don't rise in a time frame you're happy with, you simply discard and get those coins back.
I understand this may a lot of information to digest right away. This is why having that preparation time this month is important! I will be available as much as possible to answer any questions on these concepts or terms, so feel free to ask away!
Much love!
Jake