Player Features and Ideas Discussion

I honestly search through the forum the best I can to find any repeated idea related to this, but I couldn't find it. I would be happy if you could point it out for me.

Ok, let move on to my idea, which require new mechanism to EVE.

Currently, the Margin Trading skill allow you to place less isk on your buy orders (even if you really can't afford it.)

Now what about SELL ORDERS version?

My idea for margin trading applying to sell orders would be less assets needed to display larger quantity of assets. (Still have a limit on minimum and maximum.) Like margin trading, it has a minimum of 25% of isk needed to set up buy orders, which could apply to sell orders of needing 25% of assets to display another 75% of non-existence/existed assets. (However cannot change quantity of the sell order when it is already introduced.)

For an example:

Say you have 10 cap rechargers II at 500,000 isk and you set up a sell order for 40 cap rechargers II while it take in 10 cap rechargers II. Tomorrow, the sell order is still up and you got another 10 cap rechargers II in your hangar and it supply your sell order automatically until sell order quantity or your assets run out.

Why this?

It has the benefit of the followings:

1. Adding Instability to Eve Market
2. Entire new level of dynamic to Eve Market
3. Ripping off your investors and corp ceos more easily. (Why the hell not? )
4. Confusing the popularity into thinking a new trading hub elsewhere.
5. Reputation play a larger role in EVE.

Let me know what you think, I thought it is a pretty neat idea. :)

The sell order would end and the buyer would have a dialog shows up that the transaction cannot be complete, but have brought out the remaining sell orders. There should have similar effect as margin trading when the order isn't completed upon buyer's action, there should be no fee for that consequences. Hence a mirror of margin trading. :) (BTW, the fees were already paid with transaction tax and broker fee on an extended quantity for that sell order, so that would give a greater sense of responsibility to the traders.)

mmm... Margin Selling.. I like it. :)

Khan Mena > forgot to add. So successfully closing out the sell order of 40 cap recharger II would return your Market Sell Escrow. Not sure what amount would be feasible, maybe 10x regional average for the item... to prevent abuse.

Manipulation of markets is easy to do at any level. It is like bluffing in a card game. If someone calls your bluff, you should not get away "scot-free" so to speak. That is why I mentioned the need for the Market Sell Escrow or similar type of deposit taken when order is established. Mismanaging that underselling order would cause you to lose your deposit.

Yes, there is an invisible fee included as a consequence of failing to complete a buy order. I say invisible because you lose access to your money, therefore that money can not be invested or used otherwise to earn interest or income. So, technically you do not lose money but earning potential by placing a buy order; thus you are charged an invisible fee for placing a buy order that does not complete. Avoiding a "no sale" situation takes experience, training, and planning.

If you open a sell order, normally items are required to do so. If you open a buy order, no items are required to do so. You are saying "These items are for sale." The two types are not comparable.

Buy orders take your money and place them in a market escrow; when someone comes along with proper items to fulfill your buy order, your market escrow is released to them and you receive the items. There are checks and balances built in to prevent abuse.

Same goes for sell orders. Sell orders take your goods and collect extra broker fee depending on duration (and your broker relations skill). The items are required in order to even initiate the interface.

Now with Market Sell Escrow, lets take your example:

Jita Sell - Cap Recharger II - 490,000 ISK (40 units)
--Total Sell Order Value: 19.6 mil ISK

You decide to undersell the order and only place 10 units (4.9 mil ISK) worth of cap recharger II on market, with another 30 units (14.7 mil ISK) not currently available to you. You chose badly because before you can produce the remaining 30 units, a buyer comes along and places 19.6 mil ISK to close out your sell order.

What happens now? They travelled 22 jumps to buy your items, and now must go elsewhere. Or maybe not... What I think should happen now is your Market Sell Escrow (MSE) will buy those remaining items from another sell order. The buyer does not want to go home empty-handed. You want to complete a sale; you can, but due to mismanagement of your market order the Market Sell Escrow takes over. It buys 30 units immediately available at that location, plus additional fees for mismanagement are also taken out.

The remainder of the MSE is returned to you at the completion of the sell order, minus taxes of course. So, the escrow for a sell order does not necessarily need to be ten times the value of an item. But the amount of the escrow needs to be sufficient to provide for the completion of the sell order; some market locations have excessively high prices, the sell escrow should mirror those market prices.

The main point to remember here is you have not managed your goods and are opening a market sell order with insufficient items to complete the order. The MSE is collected as a sort of insurance in the event you do not hold up your end of the bargain. Adding 30 units to the order will return the MSE to you.

Oh, I plugged the above into your suggested equation.

deposit = 30 units * 490,000 ISK * .008 [broker relations 4] / 10
deposit = 11,760 ISK

Honestly, implementing your formula as is leaves tremendous room for abuse. If I were you, I would consider revising the formula.

basically what you guys are talking about is an actual broker which would allow you to make buy stop and sell stop orders.

It would also be awesome to be able to short sell items on the market.