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Market sheep syndrome or poverty?
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u3pog
Ministerstvo na otbranata
Ore No More
#1 - 2016-02-22 17:21:04 UTC
Here is one thing I don't understand - I get it some people always want to be on top of the market orders, but when the quanitity is 1 piece or neglectable, why other traders with huge quantities follow? Is this some sort of "being alway on top" fetish or something?

If you want to drive out competition that's something else, but to follow 1 order of 1 piece of something with x20 or more looks ridiculous to me if the price change is large, you just lose s**tload of money.

What's your opinion on that? Maybe I am missing something?
Dethmourne Silvermane
Aideron Robotics
Aideron Robotics.
#2 - 2016-02-22 17:27:42 UTC
In part, it's because certain tools make it easy to "autopilot" your way through updating orders, and those tools don't take into account volume of the orders that have outbid you when they load your prices.

Interested Party (TM)
u3pog
Ministerstvo na otbranata
Ore No More
#3 - 2016-02-22 17:30:45 UTC
Haven't thought of that, yet you can still lose a lot of money if you follow blindly, those tools can screw you this way. For the rest there are two options - lose even more money of wait for those orders to get filled, but you know the domino effect...
Rhivre
TarNec
Invisible Exchequer
#4 - 2016-02-22 19:13:20 UTC  |  Edited by: Rhivre
Because it makes people make forum posts ;)

Although, personally, its more fun to break the big stack into singles or 5s and block everything that way, but, each to their own ;)

Fluffy Bunny Pic!

Jerry T Pepridge
Meta Game Analysis and Investment INC.
#5 - 2016-02-23 03:41:21 UTC
Dethmourne Silvermane wrote:
In part, it's because certain tools make it easy to "autopilot" your way through updating orders, and those tools don't take into account volume of the orders that have outbid you when they load your prices.


More importantly, what can we do to get you into another monocle ASAP

@JerryTPepridge
Sugilite
Perkone
Caldari State
#6 - 2016-02-23 07:39:29 UTC
u3pog wrote:
Here is one thing I don't understand - I get it some people always want to be on top of the market orders, but when the quanitity is 1 piece or neglectable, why other traders with huge quantities follow? Is this some sort of "being alway on top" fetish or something?

If you want to drive out competition that's something else, but to follow 1 order of 1 piece of something with x20 or more looks ridiculous to me if the price change is large, you just lose s**tload of money.

What's your opinion on that? Maybe I am missing something?

I want that volume, bro. And your single item wont scare me away from it.
Sabriz Adoudel
Move along there is nothing here
#7 - 2016-02-23 07:42:08 UTC
If you find compelling evidence of someone using a prohibited market bot, forward it to CCP and also anonymously post about it on reddit /r/eve.

I support the New Order and CODE. alliance. www.minerbumping.com
Ria Nieyli
Nieyli Enterprises
SL33PERS
#8 - 2016-02-23 11:53:02 UTC
It's the same people that send you angry evemails when you undercut them.
Sir SmokesABunch
Trust Is Earned
#9 - 2016-02-27 13:27:35 UTC
From another perspective, the op's frustration may have its origins in the low intelligence of some. They are like sheep who follow the shepherd dog to the abattoir.
This obvious attempt at market manipulation by an experienced buyer can be frustrating and the sheep and/or bots will always follow.

JESUS! Had days like this. -Kane Robocop 2
Alyssa Wyatt
Bazinga Labs
#10 - 2016-02-27 16:08:59 UTC
Honestly, because people buying items for higher than the listed price, or selling for less, happens far more often than people realize
You only get to take advantage of this if you're top of the pile
Dethmourne Silvermane
Aideron Robotics
Aideron Robotics.
#11 - 2016-02-27 18:09:05 UTC
Jerry T Pepridge wrote:
Dethmourne Silvermane wrote:
In part, it's because certain tools make it easy to "autopilot" your way through updating orders, and those tools don't take into account volume of the orders that have outbid you when they load your prices.


More importantly, what can we do to get you into another monocle ASAP


I guess we could run a virtual telethon and say the ISK is going to fidos with cancer.

Interested Party (TM)
Areen Sassel
Dirac Angestun Gesept
#12 - 2016-02-28 01:55:17 UTC
Alyssa Wyatt wrote:
Honestly, because people buying items for higher than the listed price, or selling for less, happens far more often than people realize
You only get to take advantage of this if you're top of the pile


Mmm. I've noticed that one advantage of paying a premium to get people to bring the stuff I want to me is some of the time I don't even end up paying the premium. Very satisfying, isn't it?
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#13 - 2016-02-28 23:39:34 UTC
Dethmourne Silvermane wrote:
Jerry T Pepridge wrote:
Dethmourne Silvermane wrote:
In part, it's because certain tools make it easy to "autopilot" your way through updating orders, and those tools don't take into account volume of the orders that have outbid you when they load your prices.


More importantly, what can we do to get you into another monocle ASAP


I guess we could run a virtual telethon and say the ISK is going to fidos with cancer.


you will have my pledge of course.

@JerryTPepridge