These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Allocation of Funds
Author
Previous Topic Next Topic
Death ToU
Brutor Tribe
Minmatar Republic
#1 - 2012-06-18 12:57:29 UTC
How do you decide how many of an item and therefore how much to put into a buy order?

I for some strange reason make the order value 500mil, and I have no idea why I do it?

So want to know how you guys pick a number and just how wrong I am doing it :)
Dezolf
DAX Action Stance
#2 - 2012-06-18 13:11:39 UTC
If it's an item I need to "test", I'll pour around 100-200 mil into the order. Otherwise, it depends mainly on the item, the market, and my current mood.
As such, I don't think there's any "best" way of doing it. Just be careful not to put all your eggs in one basket, and all that.
Johnny Frecko
Federal Navy Academy
Gallente Federation
#3 - 2012-06-18 16:28:12 UTC
Depends on activity.
Yours and the markets.

For example, let's say you can be active only once a day, you know the market moves 10,000 units of such items daily.
you set a 5000 unit order. assuming you didn't get overbid, you log in the next day and find out your buy order still has 1000 units.

let's assume you repeat this daily for a week and you get the exact same results.
This teaches us that you don't need such a big buy order.

on the other hand, if you would be logging in once a week, you'll need a 28,000 unit buy order.
if you can log in every hour and check, you'll need a few hundreds at best.

In fact setting a 500 hulks buy order has no meaning for the market(it in theory shows the support level in a fully equillized market).
A 500 hulks sell order would show the resistence level probably.

It is best to put as less as possible in every order while still knowing it's not filled by the time you re-log.
Fiat Money
EVE Sky Corp
#4 - 2012-06-18 21:02:20 UTC
Just a raw estimate is 1/5 of the numer of items traded per day or less, as you won't buy/sell more under normal conditions.

- In case you fast trade and babysit your orders take small orders and start splitting those to outbid your competitors faster.
- If traded long term establish larger orders. Even Jita is under hard price fluctuations especially for different time zones. Order just updated once a day are sufficient to make a decent profit.
- In case you establish mega-orders acting as walls you can provoce your competitors to act as follow:
Either they buy-out / sell-out your orders and create a significant price gap between buy and sell or the wall functions, as it's name says, as a blocker to turn the tide on the price trend (works best for stagnating prices)
Aina Sasaki
Garoun Investment Bank
Gallente Federation
#5 - 2012-06-24 10:59:57 UTC
It varies from item to item. Typically i'll make buy orders that are roughly 66-80% the average amount that is traded per day. I alter this depending on my experienced with certain items, since some most certainly get their buy orders filled faster than others.

- Rei