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Ordon Gundar
Caldari
Impending Doom Inc.
The Crimson Federation
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Posted - 2008.04.30 09:02:00 -
[1]
 Originally by: Xantheris
Originally by: Lord Fitz
You will buy things for lower prices if you buy from the lazy and out of the way sellers. For one item, it may be alot of effort, as you say you get small stacks in each station, but if you are buying 100-300 different products, you end up with larger stacks of many varied products in different stations, which you can go collect in freighters and then refine for minerals, or simply resell.
So what I am getting from most of these posts, Region Wide Buys are most useful if you are trading a huge amount of either the same or different products as Region Wide Buys allow you to get lower prices. I guess the time/money you spend carrying all the stuff from remote locations to central area is made up by the increased margin.
Sounds like a cool thing to maybe experiment with.
Only do this if:
(i) You can find an item that isnt currently being buy-ordered to death.
(ii) You know the price history on the product well enough, so that you can guarantee that you can sell it for profit at some point.
(iii) You have the time and resources to fly around collecting, or have enough margin to pay couriers.
"Stay Small..Fly Fast..Keep Your Ship" - Ordon Gundar - Low Sec Survivalist & CEO of Danger Zone Enterprises |
Ordon Gundar
Caldari
Kingfisher Industries
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Posted - 2008.05.19 12:59:00 -
[2]
Originally by: Prospectus Major
I believe region wide buy orders allows the trader to control the market for the entire region on a specific item. For instance if they have a region wide buy order priced below thier selling price they will essentially buy everything listed in that region. This allows them to 'corner the market' for the specific item in that region forcing any buyer to buy from them. In other words if they are buying all of a specific item which is listed in a specific region the only way another person can purchase the item is from them. This allows them to control the market in the region on this specific item.
Only if they have the highest buy order price, which is rarely the case with region-wide orders. They are usually set up to pick up the items that people with 5 jump orders dont want to travel to collect.
I find more evidence of market control from the SELLING aspect. This is done through buying up all sell orders and re-listing them in order to manipulate the market.
Fly fast..Rats Die..Buy Low..Sell High |
Ordon Gundar
Caldari
Kingfisher Industries
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Posted - 2008.05.19 13:04:00 -
[3]
Originally by: SencneS
Consider this in your thoughts.
Region Wide panders to the Seller, not the buyer.
Even if a lower price a Region wide will fill up. As long as you're the highest Region wide.
I've used this when placing buy orders before.
1) At the station place an item for what you're willing to buy it for.
2) At the same station place a 5 Jump order for 10% less.
3) At the same station place a region wide order for 25% less.
More often then not the Region wide fills faster even though it's 25% cheaper (Talking about cheap products here with large volume) The reason I place the 5jump 10% less is because someone 6 jumps away will make a single jump to get 15% more.
Unless you're at a market hub you'll soon see the orders are filled, Region, 5 Jumps, Local station. At least for small value items. What usually happens is the local station fills in 1 or 2 orders as someone is offloading stock.
I can understand that this system accumulates stock quickly, but isnt that an awful lot of outlay, at different margins, to keep track of? I would rather spend my time PvP trading against the competition with ONE buy order set to a medium distance rather than keep on top of three.
Fly fast..Rats Die..Buy Low..Sell High |
Ordon Gundar
Caldari
Kingfisher Industries
|
Posted - 2008.05.19 13:24:00 -
[4]
Originally by: Ortos
If you've got a lot of money you can invest it and use a few hours to pick it up a month later. Make a pretty high margin off it.
Spot on! Have a look at History in Market Details. You will see that even those 0.01 isk orders pick up items every now and again. Set one up, forget about it, come back to it in a month to see how many items you have collected.
Even if its only a handful, it has cost you next to nothing, it took no monitoring, and even one Isk per unit is a huge margin!! Its win-win!
Just dont rely on it as regular income!
Fly fast..Rats Die..Buy Low..Sell High |
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