blender
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Post by blender on Jan 10, 2018 15:34:33 GMT
To find out how many new loans hit the pm, go to the statistics page and download the loan book. It is updated daily, and so if you download the book two days running, and order it by reverse loan number, then you can find out how many loans were on the PM that day. There are no dates, unfortunately, and you have to subtract the whole loans. Last week there were about 60 loans per day on the PM. This week I have not looked, but I have been getting about 50 new parts a day. You have to ensure that the system is working for you. I have had over 100 from the PM since midday Monday.
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Post by brainsys on Jan 10, 2018 18:49:36 GMT
Thank you for your input. You hit the nail on the head. The investment went well until it hit 50% and then went dead. Knowing the algorithm saves wasting time and money. I shall play this silly game as suggested.
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blender
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Post by blender on Jan 10, 2018 19:25:44 GMT
Thank you for your input. You hit the nail on the head. The investment went well until it hit 50% and then went dead. Knowing the algorithm saves wasting time and money. I shall play this silly game as suggested. Please let us know how you get on. Post 2 in this thread gives us the principles but not the trigger points. We know that in times of low availability of loans, like early January, that there is a prioritisation process and that your percentage un-lent is used in the prioritisation. 50% is the obvious first choice to test. There may be other points depending on market conditions. We are all like baby birds in the nest. When worms are scarce, we need to learn how to make the parent birds feed us, rather than the others.
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Post by skint4achange on Jan 10, 2018 19:32:22 GMT
I actually managed to get my money out on loan (200 loan parts) faster this month than at any time before. It took less than 2 days in fact.
Not sure there is a shortage of loans at present.
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blender
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Post by blender on Jan 11, 2018 9:05:33 GMT
I actually managed to get my money out on loan (200 loan parts) faster this month than at any time before. It took less than 2 days in fact.
Not sure there is a shortage of loans at present. Perhaps you is a cuckoo. Your experience differs from others. Mine was just under 50% this morning and is now 40%, after funding. I will let it just run now for two days and see if and where it stops.
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Post by skint4achange on Jan 11, 2018 9:08:58 GMT
I actually managed to get my money out on loan (200 loan parts) faster this month than at any time before. It took less than 2 days in fact.
Not sure there is a shortage of loans at present. Perhaps you is a cuckoo. Your experience differs from others. Mine was just under 50% this morning and is now 40%, after funding. I will let it just run now for two days and see if and where it stops.
I think I am actually Cuckoo with some of the investments I have in P2P at the moment!! 
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Post by mikeyp on Jan 11, 2018 9:18:45 GMT
To find out how many new loans hit the pm, go to the statistics page and download the loan book. It is updated daily, and so if you download the book two days running, and order it by reverse loan number, then you can find out how many loans were on the PM that day. There are no dates, unfortunately, and you have to subtract the whole loans. The download has a column for loan_accepted_date. Given that loans now fill quickly, isn't that effectively the date the loan was posted? Currently, there are 450 loans accepted in 2018, 229 of them part loans. All £1200 I've been allocated in the new year has gone to the secondary market, none at all on the PM.
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Post by skint4achange on Jan 11, 2018 9:36:22 GMT
My experience really differs from everybody else now. Of the £4000 I have had loaned in the 2 days, 100% was PM and no SM.
I really can't make any sense out of their algorithm and have stopped trying
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blender
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Post by blender on Jan 11, 2018 9:44:07 GMT
To find out how many new loans hit the pm, go to the statistics page and download the loan book. It is updated daily, and so if you download the book two days running, and order it by reverse loan number, then you can find out how many loans were on the PM that day. There are no dates, unfortunately, and you have to subtract the whole loans. The download has a column for loan_accepted_date. Given that loans now fill quickly, isn't that effectively the date the loan was posted? Currently, there are 450 loans accepted in 2018, 229 of them part loans. All £1200 I've been allocated in the new year has gone to the secondary market, none at all on the PM. Thanks, I never noticed a loan acceptance date. Doh!
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blender
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Post by blender on Jan 11, 2018 22:49:08 GMT
The third full day has seen a reduction in loans dispensed to me on the pm. Tuesday was 44, Wednesday 43, and today 20. But the reason for that is that there were only 20 PM loans today and 44 yesterday - the loan book has been updated. Yesterday finished at just under 50% lent, which was reduced to 40% after additional funding this morning. I am now at 52%, with 189 parts lent and now up to 7.1% estimated return (0.4% below what it should be). So I will let it run tomorrow and see if I pick up all the new loans despite being over 50% lent. Skint, perhaps you could check your numbers, because there have been only 249 partial PM loans in the eight working days in Jan, and it would be impossible to pick up 200 PM loans in any two days. No investor strategy and no FC algorithm could do that. Only 20 new loans in one day is a shortage. But glad your funds have been lent.
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Post by skint4achange on Jan 11, 2018 23:40:56 GMT
The third full day has seen a reduction in loans dispensed to me on the pm. Tuesday was 44, Wednesday 43, and today 20. But the reason for that is that there were only 20 PM loans today and 44 yesterday - the loan book has been updated. Yesterday finished at just under 50% lent, which was reduced to 40% after additional funding this morning. I am now at 52%, with 189 parts lent and now up to 7.1% estimated return (0.4% below what it should be). So I will let it run tomorrow and see if I pick up all the new loans despite being over 50% lent. Skint, perhaps you could check your numbers, because there have been only 249 partial PM loans in the eight working days in Jan, and it would be impossible to pick up 200 PM loans in any two days. No investor strategy and no FC algorithm could do that. Only 20 new loans in one day is a shortage. But glad your funds have been lent. The 200 loan parts were across 2 accounts so I have just cross referenced them. There are only 132 loan parts that are unique, the rest are duplicated across the 2 accounts. My bad! 
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blender
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Post by blender on Jan 12, 2018 20:56:55 GMT
The fourth full day has seen the % lent go up to 75% and I now have 244 loans, since Monday 12:30. Maybe now it stops at 75%. We shall see. The estimated return is now 7.1%, which is almost the same as FC predicted, isn't it? What's one standard deviation between friends?
I have had 44 new loans today.
I have to be a bit impressed at the scale of the operation that can grow a diversified account like that.
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Post by Badly Drawn Stickman on Jan 12, 2018 21:23:45 GMT
The fourth full day has seen the % lent go up to 75% and I now have 244 loans, since Monday 12:30. Maybe now it stops at 75%. We shall see. The estimated return is now 7.1%, which is almost the same as FC predicted, isn't it? What's one standard deviation between friends?
I have had 44 new loans today.
I have to be a bit impressed at the scale of the operation that can grow a diversified account like that. I'm sure I have read this book before. Does it end up with you being beaten to your destination by some Norwegian guy (might be one of those other cold dour countries). Then stepping outside a tent into the cold and bravely saying 'I might be some time' I think it fills a certain amount with whatever comes along, then at a certain point starts buying to maintain a figure roughly within the parameters required. Obviously adding more funds resets the earlier state and increases loan flow. I would imagine withdrawing outstanding funds when it is at a high level really annoys it.
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Post by brainsys on Jan 15, 2018 11:40:23 GMT
Thank you for your input. You hit the nail on the head. The investment went well until it hit 50% and then went dead. Knowing the algorithm saves wasting time and money. I shall play this silly game as suggested. Please let us know how you get on. Yes it started lending again. I note that it is lending the PM in units at approx 0.5% of investment - not 1%. Is this normal?
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Post by skint4achange on Jan 15, 2018 11:43:24 GMT
Please let us know how you get on. Yes it started lending again. I note that it is lending the PM in units at approx 0.5% of investment - not 1%. Is this normal? It should be lending in 0.5% lumps and not 1%. That is normal.
Edit: Although I can understand why you are a bit confused if you are new to FC. The webpage of the front of the website says 1% per loan and the FAQ's show 0.5% per loan. It is meant to be 0.5%
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