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Kandreath
De Re Metallica
Epsilon Shimmy Alliance
4
   |
Posted - 2011.10.19 12:24:00 -
[1] - Quote
I'm using my 3rd slot to try out some market trading and getting some interesting results.
There appears to be two tactics used where I'm trading and I'm curious what they are trying to do. Don't get me wrong here, I'm all for the market PVP, I just want to know what's going on here and perhaps learn a few tricks too.
First is a "0.01 ISK better price but only one item in the order". This order is not just a one-of but is maintained and keeps being updated to keep it in pole position. What would be the benefit from this? Trading one item is surely a waste of time. Is it checking if I'm a bot? Is it trying to manipulate a price outcome?
Second is the "big profit slash order". I find a good trade but someone jumps in and literally halves the profit by putting in a buy order well above the current "pole position". Again, what is the point of slashing the profit on an item? Is it to show you're serious?
Can anyone tell me what these are trying to do specifically? |
Kandreath
De Re Metallica
Epsilon Shimmy Alliance
4
|
Posted - 2011.10.19 20:38:00 -
[2] - Quote
Hmm interesting. I hadn't thought about the small order thing. To be honest, I had exactly that reaction, "Oh I'll just wait until someone fills that order, then it's my turn".
Price slashing is harder to handle especially when part of my selection method is to look at how often orders are updated to see how many people are watching an item. I get into an item, and then a "slasher" enters stage left.  - Hmm.
I'll be asking uncle google for the forum thread about other market techniques. - Thanks for the hint |
Kandreath
De Re Metallica
Epsilon Shimmy Alliance
4
|
Posted - 2011.10.20 20:57:00 -
[3] - Quote
Thanks for the advice everyone. The 0.01 ISK thing is wearing thin with me at the moment. I usually update twice a day and I might get an hour or two at pole on the popular orders.
Perhaps I need to be more willing to ride out the daily bumps.
This might change what I'm looking for in a trade. |
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