Protheroe
   |
Posted - 2007.12.30 13:10:00 -
[1]
 Quote:
I dunno... when I played EVE a year ago, I did a great deal of station trading in Jita IV. It's not all fun and games, incense and peppermints, even if you know exactly what you're doing and have a good stash of capital to start off with.
There are lots of station traders in this game. After you put up your buy or sell order, half an hour later (sometimes much sooner) someone changes their order to beat yours. So you change your order to be better than theirs. Half an hour later, someone else has changed their order to trump yours yet again. Repeat ad infinitum. The name of the game is being the person with the lowest/highest bid when someone happens to fulfill one of your orders.
There is no magical land where you put up your buy orders, go to bed, wake up, find them all or at least mostly filled, place your sell orders, go to work, then come home and your sell orders have also been filled.
No, in the real EVE, you have to constantly check that ****. Sure, even with lots of orders, it doesn't take long to do the checking. But trading in EVE is like smoking: You can't be away from the computer for more than an hour. To succeed at trading, you're basically chained to it.
I started with 150 million as a n00b (from hauling some guy's ore for a month), and turned that into 700 million in over a week of station trading. I'm a smart fellow, and I learn fast... it's not hard. But I quit the game the first time because of station trading. It's profitable, but also a huge pain in the ass
I agree. I enjoy trading, but I've found that once your orders are up, updating them is a monotony without any of the entertainment of other grinds. In the major trading hubs, or even popular mission areas, you are outbid or undercut far too frequently to make a reliable afk income out of it.
You encounter less competition if you pick less populated areas and put up ranged orders, but the volume is often too low to make it worthwhile, and hauling to retail sites can be time consuming if you can't guarantee your courier contracts will be accepted.
Quote:
Would also like to see auto-updating orders that update on the 4 minute cycle to the best price up to whereever you set your stops. This is really worth discussing as it's a normal "feature" on all modern markets. Instead of the 0.01 game it would be all about triggering the other traders' stops, much like the real world.
I like this idea, but I'm not sure about the 4 minute cycle. Wouuld orders update at a universal 4 minute interval, or in cycles from 4 minutes starting from when the order was placed until it is filled?
If the timer is universal and all orders are updated at the same time, how do you choose between competing orders which update to the same price?
If the timer is specific to each order, the trick would be to place your order so that the timer initiates at the start of the longest time interval in the 4 minute cycle between two other orders updating. Older orders are therefore still potentially penalised, and there is an element of randomness as to who can hijack the market at the correct time and be in the monopoly position for the longest part of the cycle.
Quote:
Or howto push people out of the market who have more time than you to play the 0.01 isk game 
I want to hear this 
|