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margin trading
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Sebiestor Tribe
Minmatar Republic
#21 - 2013-01-06 16:42:46 UTC
OP got scammed.

hello
Ginger Barbarella
#22 - 2013-01-06 16:48:36 UTC
Don't want to participate in the .01 isk wars? Then don't.

Don't sell to buy orders. Undercut the lowest sell price on the market by enough within a few jumps to sell your stuff, and be done with it.

"Blow it all on Quafe and strippers." --- Sorlac
Buzzy Warstl
Quantum Flux Foundry
#23 - 2013-01-06 16:58:40 UTC
Tippia wrote:
Mag's wrote:
So?
^^ What he said.

Hmm.

I'm thinking that someone could try to boost the "game value" of thinly traded modules for the purpose of some sort of bounty manipulation, but that's all I've got.

http://www.mud.co.uk/richard/hcds.htm Richard Bartle: Players who suit MUDs
Opertone
State War Academy
Caldari State
#24 - 2013-01-06 18:30:27 UTC
to all Shiftwits

No, EVE market is corrupt...

0.01 ISK is wrong (if you like it, then CCP must allow 0.00001 ISK wars)

Margin trading skill/scam - also terribly wrong. CCP doesn't give ****... since EVE is spaceship flying game.

This post sums up why the 'best' work with DCM inc.

WARP DRIVE makes eve boring

really - add warping align time 300% on gun aggression and eve becomes great again
Ptraci
3 R Corporation
#25 - 2013-01-06 19:50:25 UTC
Opertone wrote:
to all Shiftwits

No, EVE market is corrupt...



Of course it is. Just like the real markets. What you think the "SEC" will save you? The guys who couldn't even catch Madhoff until he ran out of cash? Why do you think we love this game so much?
Sisohiv
Center for Advanced Studies
Gallente Federation
#26 - 2013-01-06 20:03:43 UTC
Margin trading is noob scamming.

The rest of us know what a margin trade looks like and we know it is a scam. As for price manipulation if you have 300 billion, you can manipulate any market. If you know what ones are active, you will make ISK at it. Margin trading isn't part of it. Being stupid rich is.
Zelda Wei
New Horizon Trade Exchange
#27 - 2013-01-06 20:10:43 UTC

Market PvP and you got owned.
0wl
Bread and Circuses
#28 - 2013-01-06 20:20:45 UTC
Mmmmmm Margin Trading *Salivates*
Pitrolo Orti
Doomheim
#29 - 2013-01-07 03:56:19 UTC
Frostys Virpio wrote:
Hannah Flex wrote:
Welcome to greater competition on the open market. The Margin Trading skill is absolutely necessary for straightup traders. I need to be able to put all those orders up to stay competitive with the 0.1 iskers. One thing I noticed about the market (speaking about Jita and surroundings here) It's 95% diligent dudes or no life order babysitters who sit there staring at their orders all day, 4% bots and 1% manipulators and scammers.


How about implementing a system to prevent thins kind of BS 0.01 isk war? ake it so it cost more to constantly change your buy/sell order and this crap will be gone. For someone who's not putting the market play in his priority, setting up a an order is just a giant waste of time because you get undercutted all the damn time. I sell to buy order because quite frankly, I don't have the will to fight these wars.


Adapt...dont trade

Price is what you pay. Value is what you get.
Destoya
Habitual Euthanasia
Pandemic Legion
#30 - 2013-01-07 08:15:48 UTC
Frostys Virpio wrote:


How about implementing a system to prevent thins kind of BS 0.01 isk war? ake it so it cost more to constantly change your buy/sell order and this crap will be gone. For someone who's not putting the market play in his priority, setting up a an order is just a giant waste of time because you get undercutted all the damn time. I sell to buy order because quite frankly, I don't have the will to fight these wars.



Just undercut the sell orders by a sufficient amount and they sell quickly 95% of the time. When I'm selling off my PVP loot in Jita I generally just go something like 10-25% of the difference between lowest sell and highest buy and put up my orders for 90 days. The big time traders other 0,01 iskers are unwilling to lower their prices just for your small-volume order and your stuff still sells quickly without the feeling that you're ripping yourself off too much by refusing to set up any orders.
Surfin's PlunderBunny
Sebiestor Tribe
Minmatar Republic
#31 - 2013-01-07 08:21:16 UTC
Destoya wrote:
Frostys Virpio wrote:


How about implementing a system to prevent thins kind of BS 0.01 isk war? ake it so it cost more to constantly change your buy/sell order and this crap will be gone. For someone who's not putting the market play in his priority, setting up a an order is just a giant waste of time because you get undercutted all the damn time. I sell to buy order because quite frankly, I don't have the will to fight these wars.



Just undercut the sell orders by a sufficient amount and they sell quickly 95% of the time. When I'm selling off my PVP loot in Jita I generally just go something like 10-25% of the difference between lowest sell and highest buy and put up my orders for 90 days. The big time traders other 0,01 iskers are unwilling to lower their prices just for your small-volume order and your stuff still sells quickly without the feeling that you're ripping yourself off too much by refusing to set up any orders.


There are traders like me out there in the bigger hubs that will beat your really low order just on principal

"Little ginger moron" ~David Hasselhoff 

Want to see what Surf is training or how little isk Surf has?  http://eveboard.com/pilot/Surfin%27s_PlunderBunny
March rabbit
Aliastra
Gallente Federation
#32 - 2013-01-07 11:05:43 UTC
Epsilon Bathana wrote:
Merdaneth wrote:
ihcn wrote:
Theodora Carac wrote:
Here you can use fake orders to manipulate with no financial risk to yourself.

It's not no risk, it costs tens of millions of isk to set the order up, and if someone kills it without your scam going through, you're out that money.


There was a dude in Amarr with an order of 1300 Prototype ECCM modules or 20 million each. I happened to have a lot of those lying around and killed his order. Big smile

He's now trying it with Magnetrometic ECCM mods.


You killed his order, but he got his 23% ESCROW returned and only lost his broker costs. In my opinion this is not correct. He is clearly (very often intentionally) at default and the ESCROW should not be returned to him, but to you as being the "damaged" party without you having to deliver any of the requested goods.

only if Merdaneth didn't it right.
You know: you actually can sell stuff to margin trading buy order. So if that 23% of "given price" are still better than normal price - that guy bought overpriced stuff Lol

Once I found such scam order in Dodixie. Then i visited Jita and bought stuff i needed. I bought modules for about 24k/module. And sold to that order for 50k/module. It's not so interesting (about 10 millions of profit at the end of the day) but it was win over scammer.

The Mittani: "the inappropriate drunked joke"
iskflakes
#33 - 2013-01-07 11:12:30 UTC
Price manipulation happens in the real world too. If you ask me an order shouldn't require ANY escrow, let alone 20%. Broker fees should be scrapped and transaction tax should be doubled, then we might have a market with enough liquidity to not have these problems. Until then, we will be stuck with a desperately liquidity starved market where you can't expect more than a handful of orders for anything remotely rare.

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