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Terra Marr
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Posted - 2008.06.25 18:17:00 -
[1]
Hi,
so I stared training Margin Trading today (currently at lvl 2). Some orders are still older and have 100% ISK in escrow, some are from lvl 1 and some from lvl 2.
Anyway, I just want to be sure that I understand how this skill works.
For example; I have 100M in escrow and addition 50M debt (from Margin trading) and my wallet has 0 ISK. People start selling to my buy orders and when 100M gets bought, regardless of order, debt will prevent further items from being sold to me?
Is this how it works? Or does it work on some sub-level taking in consideration each order by itself (and not total values)?
Bleh... English is not my native language so I hope you understand what I am trying to say.
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Shar Tegral
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Posted - 2008.06.25 18:21:00 -
[2]
 Originally by: Terra Marr
People start selling to my buy orders and when 100M gets bought, regardless of order, debt will prevent further items from being sold to me?
This.
To Shar -verb:
1 - To say what you mean.
2 - To say what it means.
3 - To say something mean. |
Petyr Baelich
Taggart Transdimensional
Virtue of Selfishness
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Posted - 2008.06.25 19:11:00 -
[3]
Also, your order will be cancelled and you will lose your pre-paid broker's fees associated with that order. Other orders you may have up will not be cancelled, (at least until someone tries to sell something to them) and you can still modify those to drop them to the bottom of the list to minimize your potential losses.
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Trader Joe's
Science and Trade Institute
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Posted - 2008.06.25 20:59:00 -
[4]
It doesn't prevent further items from being sold to you.
It cancels your order, you lose the broker fees, and the percentage of the trade that you did have in escrow (less per level of margin trading) goes back into your wallet.
Now when someone else comes along and tries to sell you a new item either the process is repeated, or, if the order that was canceled returned enough money from escrow to your wallet to cover the new order the order will be completed.
Thankfully this is the way it works, as it doesn't completely shut down your trading.
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Salpad
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Posted - 2008.06.25 21:06:00 -
[5]
It may help you to understand how Margin Trading works, if I tell you that the game does keep track of escrow for each separate Buy Order.
All the escrows aren't just mixed together intoone collective pool.
I hope this helps.
--
Salpad |
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