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New Promo Flipping
🕑 Added 2021-09-08 12:19:59 +0000 UTCWhat is New Promo Flipping?
New Promo Flipping is the idea to make a profit with the new promo cards on the first day of release! It’s a riskier and trickier method, but the profit can be fast and great across the board! I probably end up doing 20m on this method alone throughout the FUT year!
I will cover the basics here just to give you some input and experience/techniques to learn, but I will aim to cover this method with almost every promo throughout the year!
There are 2 key concepts for this trading to work!
Risk / Reward
As said above, this is a high-risk method because nobody can predict the exact prices a card will settle at, but there are tricks to make it easier!
The easiest trick is to compare it with other cards around the same price / same stats. That way you can identify if a card is a too high or too low price for the first hours.
Another very lucky situation would be an extinct card. It’s not always guaranteed but it’s easier to predict! You still need to compare it with other cards to have an idea about the new pricing point, but it’s easier and you have some time to decide. Most cards have a short buy window of maybe 10min to 1h, but extinct cards can have a buy window as long as 2-3h!
The rewards are spread. I had times when I doubled my coins with this method and times when I just made 5k per card. In general, I was never afraid to take the gamble if I had clear reasoning behind my move and understood the risk. On top, I can’t remember any New Promo Flip which just failed, think I made a profit or break even on every single card I tried or posted in the Discord.
Supply and Demand
Another thing that matters here is the supply and demand concept. Sometimes it just happens that a card is super hyped and the demand is too low for the card to stay at the same price. In these cases, you can easily predict the card to go higher!
As said in the Flipping Guide, another good way to understand supply and demand is to look at the lowest prices and check how many pages there are. If you see 1 page up to a price point that results in profit and you see multiple selling in a few minutes, it’s a good sign for low supply and high demand -> rising prices!
This can even happen during the first hours after the release, sometimes cards are that popular that they just rise super fast and settle at a consistent price over the next hours/half day.
There is also a trader’s hype sadly. This method gained insane hype over the last year and more people tried it out! Usually, they just burn the coins and skip them for the next time. You can expect a good week of New Promo Flipping when other people failed the week before and you can expect bad results when every trader is talking about it. I will always let you know when I think there’s a risk involved around this.
Buy and Sell times
Buy and sell times are a tough topic. I know most people search for these clear rules to follow, but this method doesn’t allow much for it. There’s a very common pattern, but there are way more buy and sell times!
As the market goes low during the night, the same happens with promo cards. During that time, you can see a dip and then look to get some good deals on top of the lows. When the EU players wake up again, most of the time you see a rise and prices going up again. Buy times are usually between midnight to 4 am, selling times are usually around 8 am and 2 pm.
This all sounds a bit easier than it is, but it takes some experience and market understanding. Most people I talk with have a bad experience with this method due to Twitter or Instagram Traders, I recommend forgetting about that and starting learning from the start again. We are here to teach you the best way.
Summary
- Compare prices
- Identify the risk/reward
- Check the supply
- Keep an eye on buy and sell windows
