Kane Molou
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Posted - 2011.09.01 08:38:00 -
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While I find this all nice et etc.. It gets me why CCP can't do something simular to what real life trading groups do both in and OUT of game...
In real life if i'm trading stock, shares, vast quanities of grain etc etc etc.. I go look at the current 'market' this market doesn't list off every purchase currently being done.... instead it shows me the various major market regions on our planet and the rolling average for the current trade price.. now this is typically delayed by about 15 - 30minutes.. no more..
Why is it delayed? Because it takes a little bit of time to run the data through a average(a1-a999999) to get done... But the point is that this data is then made avalible FREE to anyone in the Public Market.. be it Forex, Cattle trading, Grain Trading what ever and it's made avalible no matter WHERE in the world you are.
All this new data for eve is great yes but at the same time it's not it's majorly out dated and only helpful if you want to see the same info that a certain some one is meant to do for us anyway, you know the reason CCP employees him in part.. which is to give us historical market trends. In other words useless for the average trader, and actually even more useless really for the long term trader.. why? Well lets go and look at a few things:
first off we the players can only easily access our small regions market at any time so unless you have a bunch of alts etc or your using websites which may not even be up-2-date anyway.. your unable to do any real long term planning as a 'casual' trader, the ones which do offer you great instant access to data etc want isk or the like for it..
In this respect it's not like real life, which sucks.. I can't just go and get the data from the foreign exchange or the local bank or the local wheat board etc for say 4 regions away.. which is again stuipid heck apparently a region can't even talk to it's neighbour! Historical data is not going to help me here, because we all know that while Megathrons might have been selling for 100mil in Jita 3 months ago, they could be selling for 60mil now and have been for months anyway..
then there is the other reason this data is normally made public for historical viewing.. which is called investor relations and the like.. basically in real life I have this thing called the 'stock exchange' something eve obviously ONCE had in mind because we have the ability to make shares but then of course like everything it apparently was meant to be player run or something but we never got the tools to do it 'fairly' or the like.. and no one relly has the power to buy up enough stock to start one either.. but i'm degrading from the ponit ..
In real life, before a 'large' investor goes and buys stock in a company they would go and do their homework.. what homework is this? well normally they would look at what the company they are buying stock in produces or does.. so lets say Mining High Sec 4 Us. Now this company mines High Sec ores in *thinks* Genesis primarly Trit, Pyrite, Mex and Iso selling it to the market in this region.. I would as an investor look both at the 'market' for what they are selling, so i'd see if those minerals are going up, down or level in sales, then i would obviously look at the annual reports from the company and see if they made or lost money etc.. then based on all of this I'd go buy shares..
For something like this 3 month old data heck even day old data is FINE..
For Trading however, it is not.
As Dr EyjoG likes to point out Eve is a living Breathing Entity that tends to follow real life market trends.. it has orders being filled every minute of every day (minus down time).. so unless the data is avalible with only a 'small' delay like real life there is no point to it.
of course now i expect no answer to this forums die tonight again.
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