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Thread Statistics | Show CCP posts - 1 post(s) |
Jen'te An
Gallente
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Posted - 2009.03.29 03:21:00 -
[211]
I started marketing in, shall we say, less traveled areas. When you put something up for sale and there aren't any orders running, you get a lot of goofy stuff like your order is "2000% above regional average." I decided to try to affect the regional average by buying and selling to myself.
Here's my issue:
I put an item on the market for 30M ISK. I made it a distinct number that I would recognize just in case. It was the only order for that item in that station. As soon as I put up the sell order for my item, I found it on the market and bought it. 30M ISK left my wallet. I had the item back in my inventory. Good, right? I noticed that I didn't get any money back in my wallet so I checked "Transactions" in my wallet and my name wasn't in the client column. I was shocked so I tried it again...with the same result. Where the hell did this random order come from? Why, even though I was obviously selecting MY order, did I buy from someone else?
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Estel Arador
Minmatar Estel Arador Corp Services
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Posted - 2009.03.29 20:12:00 -
[212]
Originally by: Jen'te An Why, even though I was obviously selecting MY order, did I buy from someone else?
You can't choose which order to buy from, you always buy from the lowest seller (in the same station). You will pay the price you selected though, so the lowest seller will be very happy.
FREE! jumpclone service - NOW 192 locations! |
Jimnoo
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Posted - 2009.04.02 13:40:00 -
[213]
The above answer is the important one, make sure you understand it.
Originally by: Jen'te An I put an item on the market for 30M ISK. ... As soon as I put up the sell order for my item, I found it on the market and bought it.
But I can't help asking why were you buying from your own sell order? There might be some esoteric reasons for doing so, but you make it sound like a normal activity.
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Krathos Morpheus
Gallente Legion Infernal Wildly Inappropriate.
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Posted - 2009.04.02 16:59:00 -
[214]
Edited by: Krathos Morpheus on 02/04/2009 17:00:29
Originally by: Jimnoo The above answer is the important one, make sure you understand it.
Originally by: Jen'te An I put an item on the market for 30M ISK. ... As soon as I put up the sell order for my item, I found it on the market and bought it.
But I can't help asking why were you buying from your own sell order? There might be some esoteric reasons for doing so, but you make it sound like a normal activity.
He said it was to affect the regional average. However I've read somewhere that if you want to change that, you should put a sell order, then an buy order slightly higher so you get that transaction counted twice and in both types of orders.
On the money thing, I don't know, I've done the contrary sometimes (selling to myself for lower money) for mistake and I've received the money and the items. Try filling a petition, that way they'll tell you what happened.
EVE Knowledge
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Hatupata
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Posted - 2009.04.03 04:13:00 -
[215]
I hope you guys can find time to answer something that has been bugging me as a new trader. Question: How are markets manipulated upwards? I can see how they come down with everyone dropping their prices to compete but I don't understand how items go upwards slowly over the course of a month? Is someone taking a hand and forcing them up or is it some sort of supply issue?
Thanks in advance for your help.
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Athre
Minmatar The Higher Standard
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Posted - 2009.04.05 06:55:00 -
[216]
There are a few ways to do it
1) buy everything and relist
2) realize you're the only one left at the moment an move your orders up
3) low ball some of your product forcing your competitor to low ball and then buy up their stock and finish using type 1 - buy and relist
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Kazzac Elentria
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Posted - 2009.04.06 13:24:00 -
[217]
In addition to what Athre has stated, I'll get more complicated.
Buy everything and hold, relisting only limited items at select stations. More specifically mission running and pirate hubs. This works well on items which have a delayed manufacturing time and are difficult for your average joe to transport. T2 ships for instance, specifically HACs and AFs are silly easy to manipulate up or down when the weather is right for it.
IN any item you attempt to manipulate up though, you always have to keep in mind where any extra supply might possibly come from. So always have in the back of your mind the manufacturing times and M3 amounts it might take to bring more product into your region.
Funnily enough, Miner IIs are also stupidly easy to manipulate as well. Again the key to remind yourself that you're not competing with the lowest regional price. You are competing with yourself to test and see how high you can get any one station before sales start slacking.
I've sold Miner IIs in lonetrek... not but 3 jumps from Jita... for almost 700k per unit at times. When had the person just made a few scant jumps they could have saved themselves half the price. |
Midas Man
Caldari Dzark Innovations
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Posted - 2009.04.08 14:17:00 -
[218]
Edited by: Midas Man on 08/04/2009 14:18:38
Originally by: Hatupata I hope you guys can find time to answer something that has been bugging me as a new trader. Question: How are markets manipulated upwards? I can see how they come down with everyone dropping their prices to compete but I don't understand how items go upwards slowly over the course of a month? Is someone taking a hand and forcing them up or is it some sort of supply issue?
Thanks in advance for your help.
If its an item where you generally have many more buy orders than average daily trade volume you can use aggresive buy orders to slowly push the price up.
ie if buy orders are currently 1 mil isk put up an order for a 25-50% of the daily volume and use 3-4 other orders of 5-10% of the daily volume (more orders here the better).
each day move you large order up by 5-10% (try to use random amounts each day to stop it looking obvious) then quickly outbid it by 0.01isk by a small order and 10 mins later outbid with another etc till all small orders are above the big order. (Anyone looking will assume a 0.01isk war is raging and most will join in. Keep a close eye on the small orders if they start filling quick and you suspect someone has noticed your ploy reduce the big order to normal prices or below (below is good if it was someone bring in cheap stock they may sell to you at the low price still) so you reduce risk of being stung.) Each day follow the same trend, big order up small one to make the market look natural and then let all your competition hold the price up.
Over the course of a week you can easily push price up enougth to profit 20-30% by selling to the buy orders.
Edit - by buy bye i cannot take this language sometimes lol
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Vinyil Doll
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Posted - 2009.04.14 14:10:00 -
[219]
I heard of a "trader bulk mail" existing informing other traders about large sales of various items. Is there any possible link on how exactly this works?
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JAYS86
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Posted - 2009.04.17 14:10:00 -
[220]
Hi, I am not sure this is the right place so if I am wrong... sorry :)
I have a question about kernite. Kernite sells for 200 ISK / piece. Why is it that it has such a high price? If you refine Kernite you get half the price for the minerals. The 105% and 110% versions are near 100 ISK / piece. Why is "regular" kernite so expensive?
Thanks.
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Krathos Morpheus
Gallente Legion Infernal Wildly Inappropriate.
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Posted - 2009.04.17 23:30:00 -
[221]
Originally by: JAYS86 Hi, I am not sure this is the right place so if I am wrong... sorry :)
I have a question about kernite. Kernite sells for 200 ISK / piece. Why is it that it has such a high price? If you refine Kernite you get half the price for the minerals. The 105% and 110% versions are near 100 ISK / piece. Why is "regular" kernite so expensive?
Thanks.
It is because it is used to complete missions. It has more demand for this reason.
EVE Knowledge
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Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2009.04.18 04:03:00 -
[222]
Originally by: Vinyil Doll I heard of a "trader bulk mail" existing informing other traders about large sales of various items. Is there any possible link on how exactly this works?
I've never heard of this but then again I don't do much trading, can anyone else answer this please??
Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
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ingenting
20th Legion
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Posted - 2009.04.20 11:33:00 -
[223]
Edited by: ingenting on 20/04/2009 11:34:01
Originally by: Amarr Citizen 155
Originally by: Vinyil Doll I heard of a "trader bulk mail" existing informing other traders about large sales of various items. Is there any possible link on how exactly this works?
I've never heard of this but then again I don't do much trading, can anyone else answer this please??
think its called BULK ML iirc. Its not very good.
you just throw out a WTB or WTS mail, then hope someone contacts you, then you make a contract. _________________ - "Welcome to EVE, remember to insu *BAAOOM*... Told you, newb."
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Haren Tal
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Posted - 2009.04.20 15:51:00 -
[224]
Edited by: Haren Tal on 20/04/2009 15:52:38 IS PRICE HISTORY CHART WORKING?
Hi all,
I'm selling one or two items daily at prices around 20% above the top line in the Price History spread channel but never see this reflected in the chart. Typically total daily quantity is averaging 50 and so I'm supplying 1 or 2% of market. Is the Price History working properly and I'm not understanding it?
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Frenzei
Gallente Fortuna inc. Leather Rose Syndicate
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Posted - 2009.04.22 11:29:00 -
[225]
It limits outliers, such as your trades. |
teoliit
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Posted - 2009.04.23 22:07:00 -
[226]
I've gotten sick of isk wars in Jita Could anyone name a smaller hub where you can actually make money offline? I was thinking about moving to Amarr but maybe it's too big
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.04.24 01:05:00 -
[227]
Anywhere there are mission runners or PVP'rs! Any system can be very productive if you sell the right products.
In Space, No One Can Hear You Scream! |
Superfuzz
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Posted - 2009.04.24 11:43:00 -
[228]
I have a question; at what point does it become viable to start trading in t2 modules? I've made a 200% profit in a couple weeks but it went down from about 300% at the beginning to 150% because of the relentless undercutting and micromanagement that had to be done after the first few sales.
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Kazzac Elentria
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Posted - 2009.04.24 12:56:00 -
[229]
Originally by: Superfuzz I have a question; at what point does it become viable to start trading in t2 modules? I've made a 200% profit in a couple weeks but it went down from about 300% at the beginning to 150% because of the relentless undercutting and micromanagement that had to be done after the first few sales.
Whenever you feel you have sufficient capital and the knowledge of movement on the items you'll be extending into. |
Drakolus
Amarr Canadian Imperial Armaments Veritas Immortalis
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Posted - 2009.04.25 02:12:00 -
[230]
While I should probably know much more than I do due to my time in EVE, let's just say I'm not very bright and not very motivated.
That being said I decided to take up trading a while back with an alt character. With a few healthy infusions of isk from my main, I've gotten a working setup in place. A foray into module trading taught me the value of volume (and the lack of it in the modules I was trading). Multiple buy and sell orders scattered through 3 regions taught me the value of localizing your market (still have to do some hauling though).
Here's what I can't seem to get. What is a "good" spread or profit margin? I tend to shoot for 10% minimum to cover the costs of buy and sell orders while still leaving me a decent profit. That being said, the margins in the commodities that I am trading is getting rather thin lately.
What do you consider an acceptable margin as far as profit to cover your costs and such? _____________________________________________
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Ji Sama
Caldari Tash-Murkon Prime Industries
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Posted - 2009.04.25 12:53:00 -
[231]
Edited by: Ji Sama on 25/04/2009 12:53:34 ¿depends on how much you value your time..
on a really big turnaround (daily volume moved) i can settle for 10% if the competetion isnt to high. but normally i go for margins on the 100%+ side... i also have 1000%+ margins that mayby roll over every other day... it also depends on your order volume... from what i get from your trading style you should go for margins around 10%-15% and ofc higher.. and remember the most valued secrets you already know.. (localization, daily turnaround, margin, buy low sell high!) also remember to diversify ^^ dont put all eggs in one basket.. do some research on your trading hubs, what are they beeing used for? who uses the system? miners? missioners? traders? etc..
have fun..
Quote:
The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
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Soupea
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Posted - 2009.04.25 17:18:00 -
[232]
I have a question related to market purchases and standings.
Are the purchase prices of certain items, say trade goods(coolant) or blueprints (bpos), affected by your standings to the race and/or the npc corp you are buying said goods from?
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Kazzac Elentria
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Posted - 2009.04.26 01:13:00 -
[233]
Originally by: Soupea I have a question related to market purchases and standings.
Are the purchase prices of certain items, say trade goods(coolant) or blueprints (bpos), affected by your standings to the race and/or the npc corp you are buying said goods from?
No, only the fees in taxes are affected by standing. |
MILK Monk
Knights of the Silver Dawn Curatores Veritatis Alliance
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Posted - 2009.04.27 12:56:00 -
[234]
Originally by: Drakolus ...What do you consider an acceptable margin as far as profit to cover your costs and such?
I personaly have always compared to other activities I could do myself... so ratting or missions (lvl4) ... so basically earning per hour of such activity. Lets say you can make 20M per hour while ratting in quite rich region with young char as I was at that time.
So when I spend time with trading - this include all related activities like hauling, order management, market research etc. - how much money I can make by this activity. If the number is higher than other activities which I can do, then it is good for me. And I can confirm it IS higher :) __________________________________ I do it myyyy wayyyy... Milky Way. |
NarcissuStar
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Posted - 2009.04.28 23:58:00 -
[235]
I have a question relating to the sales of +5 implants. Is it better to sell them via the market? or via a contract for the whole set? I currently have a few contracts up in Heimatar on my alts, after about a day people usually bite when they are in the market, but even at about 25Mil off of market price, thus far none have shown interest. (24 Hours) I haven't been very patient, but I was just wondering about your thoughts on this.
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HawkBlade
Minmatar The Higher Standard Virtue of Selfishness
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Posted - 2009.04.29 01:43:00 -
[236]
Originally by: NarcissuStar I have a question relating to the sales of +5 implants. Is it better to sell them via the market? or via a contract for the whole set?
There's no clear answer(s) on this kind of thing mate. Sometimes the market moves faster, sometimes it does not. Too many variables to give a credible answer for you to hang your (or my) hat on.
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tom ternquist
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Posted - 2009.04.30 05:27:00 -
[237]
My question is about the contracting system: Is it possible to put up WTB contracts for bpcs with specified numbers of runs? Like a WTB for a 10-run raven bpc?
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Kazzac Elentria
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Posted - 2009.04.30 12:02:00 -
[238]
Originally by: tom ternquist My question is about the contracting system: Is it possible to put up WTB contracts for bpcs with specified numbers of runs? Like a WTB for a 10-run raven bpc?
Yes, but often you'll find it easier to find one of the numerous copy services in the WTS portion, or contact any one of the 4 major research alliances since every single one of them have corps in them which can run you copy services (and often have access to prints already)
/self plug //I can copy anything and everything in game for whatever your needs, just contact me |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.05.01 00:04:00 -
[239]
I have an easy question this time, any real advantage training Accounting 5 from 4? At 14 days, I can work on a lot of other stuff. But with a current market balance of almost 7B worth of stuff and turning over about 2 to 3b a month in sales.
In Space, No One Can Hear You Scream! |
Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2009.05.04 13:51:00 -
[240]
Originally by: Lord Zarcam I have an easy question this time, any real advantage training Accounting 5 from 4? At 14 days, I can work on a lot of other stuff. But with a current market balance of almost 7B worth of stuff and turning over about 2 to 3b a month in sales.
Let me answer your question with a question, what is the advantage of training Accounting from 0 to 4?
Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
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