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Mistype Buy order - here comes the tears
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Rykker Bow
Center for Advanced Studies
#21 - 2014-03-20 12:27:10 UTC  |  Edited by: Rykker Bow
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! The beer was saved! But the orca cost me around 5.5b (you can chech 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.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards
Naya Sky
Serra Industries
#22 - 2014-03-20 12:58:32 UTC
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
Audacious Entrepreneurial Businesspersons Academy
#23 - 2014-03-20 15:43:46 UTC
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
Doomheim
#24 - 2014-03-20 16:21:57 UTC
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 should buy an Ishtar.
Shuturfingfaceunclefer
State Protectorate
Caldari State
#25 - 2014-03-21 13:13:25 UTC
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
#26 - 2014-03-23 02:03:35 UTC
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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