Pages: [1] :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Lucian Durand
|
Posted - 2007.01.29 17:48:00 -
[1]
I'm new and need either an explanation or a link to how exactly buy orders work.
When I mean work, I mean how they work when I am the seller and NOT the one placing the buy order.
I have been reading about NPC trading but from what I "understand" when you sell an item it will go to the person who has the highest Buy Order first, correct?
All green highlighted buy orders are player made orders correct?
How do you make money NPC trading if every single item you find has enormous buy orders set where the highest Buy Order is astronomically lower than the highest NPC (non green highlighted I'm assuming) order.
I'm not sure I'm understanding this system right.
And I'm getting a tad frustrated. I think it may be the region I'm in.
|
Matalino
Gallente
|
Posted - 2007.01.29 17:57:00 -
[2]
Buy orders have the following properties that are set when the order is created:
Primary station: the station where the order is placed. Quantity: the total quantity of the good the buyer is purchasing Minimum Quantity: specified by the buyer to ensure that he is not purchacing goods in trivial quantities Price: ISK offered per unit Range: the distance the buyer is willing to travel to pick up the goods. Default is station. Duration: how long the order will remain on the market.
Your goods will be sold to the highest bidder that is met by your sale.
|
Lucian Durand
|
Posted - 2007.01.29 17:59:00 -
[3]
So if a player puts a Buy Order up that is lower than what the NPC's are paying for it then the NPC buys your goods? Or do player orders take precedence over NPC orders always?
I think this is what I'm not clear on.
|
Matalino
Gallente
|
Posted - 2007.01.29 18:07:00 -
[4]
Best price wins. Who ever is offering the higher price gets the goods.
If a player has an order in a station where there is an NPC order for the same goods, the player might be waiting for someone else to sell to the NPC order. Once the NPC order is filled, it will be replaced with an order at a lower price. The player's order might then be higher. He could then purchase goods. Once the NPC price returns to its previous hi, he could fill that order with the goods he purchased, thus lowering the price again. I expect that the potential money earned this way is limited, it certainly requires patience, but it could be done with a minimum of effort.
|
Lucian Durand
|
Posted - 2007.01.29 18:14:00 -
[5]
Well that puts my mind at ease.
For some reason when I was seeing NPC buy offers for say, 300 isk a pop vs. a player offer of something ridiculously low like 10 ISK a pop I was assuming that there had to be a reason a player would put their order THAT low. I assumed that perhaps their orders take precedence over the NPC ones.
Thanks for the clarification, I can start NPC trading with peace of mind now.
That still doesn't explain what all these players are doing with ridiculously low buy orders for simple NPC trade goods.
|
Matalino
Gallente
|
Posted - 2007.01.29 18:25:00 -
[6]
In that case the buy order probably has a region wide range. NPC orders are always limited to a range of station. Thus the play buys the goods up from other players that are too lazy to ship the goods to where the NPC orders are.
|
Ki Shodan
Gallente deep blue
|
Posted - 2007.01.29 18:48:00 -
[7]
Originally by: Lucian Durand That still doesn't explain what all these players are doing with ridiculously low buy orders for simple NPC trade goods.
There used to be mission rewards, that payed out in NPC-tradegoods or modules. People that do not want to move this stuff to the best buyorder simple sell at a very low price to cleanup their hangars from mission rewards and from loot (remotly).
If you buy at such low prices and get some stuff sold into your hangars, you can even pay other people to move it for you via courier contracts and still make profit.
If you want to earn money by hauling stuff, I suggest you have a look at courier missions, they might be better than just hauling NPC stuff arround or be at least a nice addition. You need to have some money to pay for the collateral though.
Do not accept couriers blindly, check some things first: -do you have enough cargo space for the package? -how many jumps has the route? -does the route lead through low sec? -is the reward high enough for the involved jumps and security status?
for advanced hauling & courier: -do NPC buy tradegoods at the courier starting station? do you have a cheap nearby or "enroute" source for that stuff? -if you have spare cargo left: Is some other stuff sold at the start station (or "enroute"), that you can sell at the destination or nearby? (NPC goods, minerals, cheap playermade stuff and loot) -- Ki Shodans Sweat Shop
Evemail me, if my name is used as guarantor! |
CaptainEO
|
Posted - 2007.01.30 19:28:00 -
[8]
Edited by: CaptainEO on 30/01/2007 19:25:35 Another way to make ISK using buy orders is to find an item with a large gap between highest buy and lowest sell. Offer more than the existing buy, then sell the items under the existing sell, and pocket the difference. (watch out for the sales tax and broker fees - the narrower the buy/sell gap, the more taxes take from your profit).
This seems to work best with mid-volume player-used items. The volume should be high enough to turn over orders quickly. But you won't make much profit on super-common things like minerals due to tax and the other players doing this already.
|
|
|
|
Pages: [1] :: one page |
First page | Previous page | Next page | Last page |