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Shuturfingfaceunclefer
24th Imperial Crusade Amarr Empire
0
|
Posted - 2014.03.18 13:04:00 -
[1] - Quote
Recently started trading and this morning made a very expensive error. Whilst editing my buying order added an additional zero therefore buying the item for x10 the value i had intended to even though there were valid sell prices at about 20% above buy. The max sell price of the item at the time was only 40% ish on buy prices. There was not even a warning message about being over value which surprised me as have been buying shidl boosters for 50% of buy price at 250k and having to click the OK button to the market price deviatation warning.
Am I the only one thinking this isn't cricket and in making the error should only have been charged the active buy price, even only the highest sell price wold have been fairer. Just that that on click have taken away a whole week of profits and left me rather demoralised :-(
Thanks you in advance for the contructive comments. |

cpt Mark
The Great Harmon Institute Of Technology Heiian Conglomerate
3
|
Posted - 2014.03.18 13:12:00 -
[2] - Quote
Ive maybe done it once, but i've also had people buy from me at a high price by accident too.
I always double check orders before clicking ok.
From the sounds of things, a 250k item x10 shouldn't have cost you too much (i wouldn't place buy orders for more than 10-20 in value anyway)
A lesson learned at a cheap price :) |

Shuturfingfaceunclefer
24th Imperial Crusade Amarr Empire
0
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Posted - 2014.03.18 13:17:00 -
[3] - Quote
cpt Mark wrote:Ive maybe done it once, but i've also had people buy from me at a high price by accident too.
I always double check orders before clicking ok.
From the sounds of things, a 250k item x10 shouldn't have cost you too much (i wouldn't place buy orders for more than 10-20 in value anyway)
A lesson learned at a cheap price :)
This particular item was 50m so paid 500m for it, was giving the shield booster as example of a transaction where I always get the deviation warning from.
I know you should not compare to real life but its a bit like wanted to buy a car for -ú20k and accidnetly offering -ú200k to saleman and him closing the deal there with no recourse for the higher amount, a bit harsh imo. |

Dalden V
Yellow Lounge Industries Blue Dynamics
7
|
Posted - 2014.03.18 13:37:00 -
[4] - Quote
Shuturfingfaceunclefer wrote:
I know you should not compare to real life but its a bit like wanted to buy a car for -ú20k and accidnetly offering -ú200k to saleman and him closing the deal there with no recourse for the higher amount, a bit harsh imo.
I know it sucks, and I've made costly mistakes as well, but rather think of it as you placing an advertisement to buy a car for 200k, and someone accepting your offer.
That's how the market works, you place an order to pay X for an item and someone then accepts your offer. It just gives people that already have sell orders up the opportunity to accept your buy offer first. |

Shuturfingfaceunclefer
24th Imperial Crusade Amarr Empire
0
|
Posted - 2014.03.18 13:41:00 -
[5] - Quote
Dalden V wrote:Shuturfingfaceunclefer wrote:
I know you should not compare to real life but its a bit like wanted to buy a car for -ú20k and accidnetly offering -ú200k to saleman and him closing the deal there with no recourse for the higher amount, a bit harsh imo.
I know it sucks, and I've made costly mistakes as well, but rather think of it as you placing an advertisement to buy a car for 200k, and someone accepting your offer. That's how the market works, you place an order to pay X for an item and someone then accepts your offer. It just gives people that already have sell orders up the opportunity to accept your buy offer first.
I understand your point and if there was a buy order that existed kinda would have been less miffed but under current rules if i place a big for 1x tritanium for 100Tillion ISK and have the wallet then that would be filled with no buy order existing, just seems a bit off to me thats all. |

RAW23
749
|
Posted - 2014.03.18 14:19:00 -
[6] - Quote
Shuturfingfaceunclefer wrote:Dalden V wrote:Shuturfingfaceunclefer wrote:
I know you should not compare to real life but its a bit like wanted to buy a car for -ú20k and accidnetly offering -ú200k to saleman and him closing the deal there with no recourse for the higher amount, a bit harsh imo.
I know it sucks, and I've made costly mistakes as well, but rather think of it as you placing an advertisement to buy a car for 200k, and someone accepting your offer. That's how the market works, you place an order to pay X for an item and someone then accepts your offer. It just gives people that already have sell orders up the opportunity to accept your buy offer first. I understand your point and if there was a buy order that existed kinda would have been less miffed but under current rules if i place a big for 1x tritanium for 100Tillion ISK and have the wallet then that would be filled with no buy order existing, just seems a bit off to me thats all.
The problem is that the system CCP have implemented to prevent this is, quite frankly, utter crap and has been since its introduction. About 99% of the warnings I get for over or under-priced goods are false positives while actual mistakes that do not get picked up seem to be as common as those that do. If the error is made with an overpriced sell order, CCP will tend to give you your broker fee back since they silently accept that the current system is just not fit for purpose. However, if the mistake goes in the favour of another player they have a policy of not correcting things, in much the same way they do with fleet fights.
I suspect that the broader problem could be fixed with a little thought but I can't remember the last time the market got much development love other than a few handy 'little things'.
Edit - Full disclosure: still slightly bitter about the PLEX I sold for 60mil last week  There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |

Daniel Plain
Science and Trade Institute Caldari State
1876
|
Posted - 2014.03.18 16:55:00 -
[7] - Quote
i recently sold a charon freighter for 130 million. **** happens.
"I don't troll, I just give overly blunt responses that annoy people who are wrong but don't want to admit it. It's not my fault that people have sensitive feelings" -MXZF |

Shuturfingfaceunclefer
24th Imperial Crusade Amarr Empire
0
|
Posted - 2014.03.18 18:20:00 -
[8] - Quote
Daniel Plain wrote:i recently sold a charon freighter for 130 million. **** happens.
bummer, just think when trading in bigger, better than buying one for 13b though I suppose.... |

350125GO
Sebiestor Tribe Minmatar Republic
10
|
Posted - 2014.03.18 19:07:00 -
[9] - Quote
Shuturfingfaceunclefer wrote: I understand your point and if there was a buy order that existed kinda would have been less miffed but under current rules if i place a big for 1x tritanium for 100Tillion ISK and have the wallet then that would be filled with no buy order existing, just seems a bit off to me thats all.
So your saying there were no sell orders for less than 500m? The way the market works is I place a sell order for x amount. If anyone places a buy order for x or >x that's in range it gets filled, not at x but at the price the buy was placed.
To make a more concrete example lets say I place a widget on the market for 75m isk. You come along and place a buy order for 50m isk, but mistype and actually place the buy order for 500m. The market will fill your order with my widget, but at the price you offered, not the 75m I was asking. Sell orders, in that sense, are really for x amount or best offer greater than x.
Everyone makes this mistake, whether it be scotch induced, or due to lack of sleep, proper lighting, or trying to multi-task when you should be paying attention. |

Dalden V
Yellow Lounge Industries Blue Dynamics
7
|
Posted - 2014.03.19 15:24:00 -
[10] - Quote
Here's one I spotted today:
http://i.imgur.com/zjlNAxe.png
One True Sansha Energ Neut sold for 5.8B instead of the usual 58M. |
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Rashnu Gorbani
Federal Navy Academy Gallente Federation
22
|
Posted - 2014.03.19 15:31:00 -
[11] - Quote
It is an interesting part of the market. I had it happen to me both ways. Around Christmas I made maybe 500m off a guy because he made a mistake, gave half of it back so I guess we both got our gifts hmm? :) |

Far Wanderer
Bank of Far
15
|
Posted - 2014.03.19 16:18:00 -
[12] - Quote
It happens to all of us at one point or another.
Consider it a learning tax...one that you should never have to pay twice if you learned your lesson.  Don't fly what you can't afford to lose. --Azual Skoll |

Mike'P
Kansas City Industrial
5
|
Posted - 2014.03.19 17:03:00 -
[13] - Quote
One thing that irks me constantly is the inconsistent way that prices are highlighted in the buy/sell/modify dialogs. I also have issues with click and double click consistency - it seems to me if you double click next to a digit that the cursor should end up there - instead it seems to highlight the whole price most of the time.
It's almost as if these design decisions have been made on purpose to slow you down or help you trip up.
The TAB key is your friend. |

Ronny Hugo
Dark Fusion Industries Limitless Inc.
64
|
Posted - 2014.03.19 17:25:00 -
[14] - Quote
Use the numpad and double-check your figures. Can get the error rate down to around 1 in 10 000 orders/order edits that way. Then you have to wait 5 minutes before you can correct the one mistake you make in every 10 000. keeping market up at the same time as the wallet with the orders and the order edit window, is neat. |

flakeys
The Mjolnir Bloc The Bloc
2106
|
Posted - 2014.03.19 17:51:00 -
[15] - Quote
My best o-toomuch mistake costed me about 3 B i believe at the time .
Got it refunded though as nothing was pruchased
We are all born ignorant, but one must work hard to remain stupid.
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enterprisePSI
266
|
Posted - 2014.03.19 18:29:00 -
[16] - Quote
About a year ago. Poor fellow
Edit, this also has happened to me. The tears of the many, outweigh the tears of the few. Or the one. enterprise-psi-¬
|

Anders Madeveda
Sturmgrenadier Inc
12
|
Posted - 2014.03.19 18:55:00 -
[17] - Quote
Just thinking out loud as I've never tested this but would it make sense to utilize 1 corp wallet for placing buy orders and only seed it with "X" amount to cover the buys you plan on issuing? Then when you do a keystroke error you are limited to the amount in the wallet(ignoring margin trade skill atm). Obviously if you plan on issuing 10B in buy orders and screw up on the 1st to the tune of 10B it would not help. As I said just thinking out loud. |

Hedge Fox
Leverage Investments
33
|
Posted - 2014.03.19 19:19:00 -
[18] - Quote
Agreed. It's quite a set back to fat finger.
The market should just adjust your payment to the lowest seller within your buy order constraints.. instead it just gives all the extra cash to the lowest seller. It doesn't really make sense.
Setting a buy order above the lowest sell order should result in a purchase of the item at its listed price.
"Working as intended." |

Shizuken
Venerated Stars
208
|
Posted - 2014.03.19 20:25:00 -
[19] - Quote
Shuturfingfaceunclefer wrote:Recently started trading and this morning made a very expensive error. Whilst editing my buying order added an additional zero therefore buying the item for x10 the value i had intended to even though there were valid sell prices at about 20% above buy. The max sell price of the item at the time was only 40% ish on buy prices. There was not even a warning message about being over value which surprised me as have been buying shidl boosters for 50% of buy price at 250k and having to click the OK button to the market price deviatation warning.
Am I the only one thinking this isn't cricket and in making the error should only have been charged the active buy price, even if only the highest sell price would have been fairer. Just that that on click have taken away a whole week of profits and left me rather demoralised :-(
Thanks you in advance for the contructive comments.
It is helpful to have an alt in this situation. Just fill the order with your other toon quickly and you will only be out the transaction costs.
|

Dalden V
Yellow Lounge Industries Blue Dynamics
9
|
Posted - 2014.03.20 07:52:00 -
[20] - Quote
Shizuken wrote: It is helpful to have an alt in this situation. Just fill the order with your other toon quickly and you will only be out the transaction costs.
An alt won't help if you place a buy order that is higher than an existing sell order, or a sell order that is lower than a buy order. It will get filled instantly, provided enough volume is available.
If it's not, then the alt is useful to get rid of the order before your 5 minute timer runs out :) |
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Rykker Bow
The Mjolnir Bloc
147
|
Posted - 2014.03.20 12:27:00 -
[21] - Quote
Am I the only one who likes this game mechanic? I make a huge amount of isk (and some great tear mails) from others mistyping their amounts and buying items from me at an exorbitant amount. The key here is to make sure the isk made off of others mistakes far exceed your own.
There are safeguards you can do to prevent most of the errors coming from mistyping and the remainder can be prevented from major loss by technique for station traders. For example, while my mistakes have become few and far between they do happen; my last major...and I mean MAJOR mistype was for an orca purchase which due to a beer tipping over and a few beers imbibed before during a night of station trading resulted in an extra number going into the purchase. Fear not! While he beer was saved, the orca cost me around 5.5b (you can check the graphs, it's quite a spike...lol!). Due to station trading in a certain way, the extra 5b was not lost and I only lost out on the fees/taxes for that at around 50m or so iirc. Set up properly, mistypes should be negligible while still receiving the benefits of others mistakes. |

Naya Sky
Serra Industries
18
|
Posted - 2014.03.20 12:58:00 -
[22] - Quote
Rykker Bow wrote:Am I the only one who likes this game mechanic? I make a huge amount of isk (and some great tear mails) from others mistyping their amounts and buying items from me at an exorbitant amount. The key here is to make sure the isk made off of others mistakes far exceed your own.
This.
My own mistakes are shadowed by the amount I earn from other people paying too much for my items. |

Axel FoIey
Pan-Galactic Initiative
3
|
Posted - 2014.03.20 15:43:00 -
[23] - Quote
I agree that others mistakes pay for mine and then some.
Rykker Bow is right on the money with trading techniques that you can use to lower the chances of you making a costly mistake.
For me, my procedure is to simply double check my price with my hand OFF of the mouse. By now it's muscle memory built in which prevents me from immediately updating my price without double checking it.
But I've had some whoppers in my times trading, ugh. It can be heartbreaking thinking of the ISK you just blew and how many days it will take to recoup. Best thing to do is just accept that mistakes like that are a cost of doing business, and that you have profited way more from trading then you have lost from your mistake. Relist your new items that you just paid 10x the price for and walk away for a few hours.
Or break your piece of crap keyboard that just cost you 2b.
Whatever works for you. HOOCHIE MAMA! |

Daniel Plain
Science and Trade Institute Caldari State
1885
|
Posted - 2014.03.20 16:21:00 -
[24] - Quote
Shuturfingfaceunclefer wrote:Daniel Plain wrote:i recently sold a charon freighter for 130 million. **** happens. bummer, just think when trading in bigger, better than buying one for 13b though I suppose.... that's why you never keep too much liquid cash on your trading char.
"I don't troll, I just give overly blunt responses that annoy people who are wrong but don't want to admit it. It's not my fault that people have sensitive feelings" -MXZF |

Shuturfingfaceunclefer
Lurch's Lurchers
2
|
Posted - 2014.03.21 13:13:00 -
[25] - Quote
Thanks for the comments guys, very helpful, did not expect such a high proportion of constructive comments if honest. Half a billion is not realy that bad in reflection I suppose, just very annoying.
A couple of safeguards I have tried it introduce on think about it is using my mouse scroller as much as possible, typing out the reprice from scratch and clicking elsewhere to get the separators and by making sure I update my buy order before I do my sell order on the same product. That way I can only sell stuff for less then they are worth and if I overprce my buy order, I buy my own goods therefore only losing tranactional cost.
|

Salpad
Carebears with Attitude
520
|
Posted - 2014.03.23 02:03:00 -
[26] - Quote
Shuturfingfaceunclefer wrote:Recently started trading and this morning made a very expensive error. Whilst editing my buying order added an additional zero therefore buying the item for x10 the value i had intended to even though there were valid sell prices at about 20% above buy. The max sell price of the item at the time was only 40% ish on buy prices. There was not even a warning message about being over value which surprised me as have been buying shidl boosters for 50% of buy price at 250k and having to click the OK button to the market price deviatation warning.
Am I the only one thinking this isn't cricket and in making the error should only have been charged the active buy price, even if only the highest sell price would have been fairer. Just that that on click have taken away a whole week of profits and left me rather demoralised :-(
Thanks you in advance for the contructive comments.
I get warnings from the interface all the time, even when I set up Buy Orders for perfectly reasonable prices. To the point where I actually failed to notice a case about a day ago, when I had accidentally changed an existing Buy Order to be x10 of the reasonable price (I ignored the warning, as I almost always do, as a matter of routine). I finished my business in that system, went AFK for 2-3 minutes, came bacn and changed my Buy Order back to the reasonable price. Fortunately, nobody had sold to me.
But still, the warning system strikes me as over-zealous; as crying wolf far too often.
Yet in your case it did not.
Sounds like a very bad interface implementation to me.
But no, you should not only have been charged the active buy price. That's not how the game works, nor how it is meant to work. But the warning system is clearly badly off-key. |
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