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Player Features and Ideas Discussion

 
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Feedback Request - Margin trading and accurate market UI

First post First post First post
Author
Pinky Hops
Caldari Provisions
Caldari State
#361 - 2013-11-28 16:47:35 UTC
non judgement wrote:
I'm all for some kind of order cancelling/hiding/suspending of orders when you don't have enough isk to cover the minimum quantity * price. Something like that would be okay.

The only thing I'd like, is an evemail or notification specifically saying the buy order item, how much it was and which station it was in, was removed because of insufficient funds.

The game doing something like this, and having an easy way to figure out what happened, would be good.


Edit: Just saying if there wasn't something like this and the order was just removed, I'd probably just forget that I had an order for it.


What if the order became flagged as "Inactive - insufficient funds" in your market order screen?

You could then right click the order -> Add funds to the order, to make it active again.

I like the concept of each purchase order having an individual pool of funds that you can manage/inject as needed.
Dav Varan
State Protectorate
Caldari State
#362 - 2013-11-28 17:10:03 UTC
Mag's wrote:
Dav Varan wrote:
Mag's wrote:

But even without the MT skill, a buy order is still not guaranteed for other reasons. So what should we do, nerf those reasons too? Or do you think simply telling people that they shouldn't assume anything and that buy, as well as sell orders, are not guaranteed?


what things make a buy order non guaranteed apart from MT please enlighten.
Someone could sell to it before you, or the person could pull the order before you had chance to utilize it.


lol
no one in eve thinks orders are unique and available only to them.

Were talking about why people perceive the prinipal as being guaranteed if people can meet the order. not wether they can meet it or not.
Dav Varan
State Protectorate
Caldari State
#363 - 2013-11-28 17:15:29 UTC
Change the way the margin trading skill works.

Rather than putting up orders for the whole amount make it work in a repeat order manner.

When an order completes it can relist another identical order.
Each level of MT allows an extra relisting.

Alll orders are fully paid in advance to escrow and I have a drop down box to specifiy how many repeats I want. 1- 5 at max skills

e.g.
1) I put an order up for 200 trit @ 4isk per unit, I specifiy 3 repeats.
This cost me 800isk + fees and tax

2) Order procedes as it does now with people selling into the order.
3) when someone complete the order a new order is automatically created with 1 less repeat.

4) The new order is only created if I have enough funds to pay for it otherwise I get a notification of relist failure.
This costs me 800isk + tax ( no fees which are taken on intial order )

5) I now have an order for 200 trit @ 4isk per unit with 2 repeats.
.
.
.
.
.
I end up with 800 trit.
But only needed enough in my wallet at any point to cover 200.

Margin trading without fake buy orders.

RubyPorto
RubysRhymes
#364 - 2013-11-28 22:22:28 UTC
Dav Varan wrote:
RubyPorto wrote:
Drab Cane wrote:
Right now, we take it for granted that the order will be filled.


This right here is the problem.

Nowhere does anything in the game suggest you make that assumption.



Incorrect.

Placing buy orders on the market suggests this.
Unitl a player trains MT which is some time into most players game experiance.



EVE is an exception based design. Should CCP remove every ability because people who don't have the skill to use that ability can't use that ability?


Regardless, where in the UI elements related to placing buy orders does it say that everyone must place 100% of the value of the order into escrow?

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon

Mag's
Azn Empire
#365 - 2013-11-28 22:26:09 UTC
Dav Varan wrote:
Mag's wrote:
Dav Varan wrote:
Mag's wrote:

But even without the MT skill, a buy order is still not guaranteed for other reasons. So what should we do, nerf those reasons too? Or do you think simply telling people that they shouldn't assume anything and that buy, as well as sell orders, are not guaranteed?


what things make a buy order non guaranteed apart from MT please enlighten.
Someone could sell to it before you, or the person could pull the order before you had chance to utilize it.


lol
no one in eve thinks orders are unique and available only to them.

Were talking about why people perceive the prinipal as being guaranteed if people can meet the order. not wether they can meet it or not.
Well some seem to think and you seemed to imply with that question, that the MT skill is the only thing that makes buy orders not fit the 'guaranteed' term. lol indeed.

Oh and the funny thing is, you've hit the nail on the head with that second sentence. What people perceive is the issue, so let's tell them that no order is guaranteed. Then they may stop assuming things from those poor perceptions, lack of due diligence and stop making bad investments.

Destination SkillQueue:- It's like assuming the Lions will ignore you in the Savannah, if you're small, fat and look helpless.

non judgement
Without Fear
Flying Burning Ships Alliance
#366 - 2013-11-29 06:42:38 UTC
Pinky Hops wrote:
non judgement wrote:
I'm all for some kind of order cancelling/hiding/suspending of orders when you don't have enough isk to cover the minimum quantity * price. Something like that would be okay.

The only thing I'd like, is an evemail or notification specifically saying the buy order item, how much it was and which station it was in, was removed because of insufficient funds.

The game doing something like this, and having an easy way to figure out what happened, would be good.


Edit: Just saying if there wasn't something like this and the order was just removed, I'd probably just forget that I had an order for it.


What if the order became flagged as "Inactive - insufficient funds" in your market order screen?

You could then right click the order -> Add funds to the order, to make it active again.

I like the concept of each purchase order having an individual pool of funds that you can manage/inject as needed.

Yeah, I like that idea as well.

Having some way to tell a buy order to ignore what the skill does and take all the isk it needs from a wallet for the item, while making and after making the buy order would be good. Then showing others which buy orders don't have the isk to cover them, would be okay as well.
Elzon1
School of Applied Knowledge
Caldari State
#367 - 2013-11-29 08:09:47 UTC
The simplest solution to this might be to just "grey-out" any buy order that cannot be completed due to being a margin trade where the buyer doesn't have enough isk to cover the deal at the moment.

If the seller attempts to sell to said buy order a message pops up warming the player that the current trade will fail due to the buyer not having enough isk to cover the trade. However, the player can choose to ignore this (unwise).

If someone has a buy order up that can't be covered due to low isk reserves it will show up on the seller's market interface. This can prevent an order from being cancelled accidentally by differentiating between a good buy order and a non-completing buy order. Also, this prevents a margin trader's buy order from cancelling prematurely.

Dav Varan
State Protectorate
Caldari State
#368 - 2013-11-29 09:36:20 UTC
RubyPorto wrote:
Dav Varan wrote:
RubyPorto wrote:
Drab Cane wrote:
Right now, we take it for granted that the order will be filled.


This right here is the problem.

Nowhere does anything in the game suggest you make that assumption.



Incorrect.

Placing buy orders on the market suggests this.
Unitl a player trains MT which is some time into most players game experiance.



EVE is an exception based design. Should CCP remove every ability because people who don't have the skill to use that ability can't use that ability?


Regardless, where in the UI elements related to placing buy orders does it say that everyone must place 100% of the value of the order into escrow?



That wasn't the question.
The question was what suggested it.

You have been educated as to what in the interface gives the suggerstion that buy orders are guaranteed.

Experiance.
Mashie Saldana
V0LTA
WE FORM V0LTA
#369 - 2013-11-29 15:18:37 UTC
Maybe have the system give us the name of the buyer in case the order fails so you can transfer the extra isk across to make it go through. That would stop the scamming part of the skill without breaking the ligitimate uses.
Drab Cane
Carbenadium Industries
#370 - 2013-11-29 18:38:44 UTC
Mag's wrote:
Dav Varan wrote:
Mag's wrote:

But even without the MT skill, a buy order is still not guaranteed for other reasons. So what should we do, nerf those reasons too? Or do you think simply telling people that they shouldn't assume anything and that buy, as well as sell orders, are not guaranteed?


what things make a buy order non guaranteed apart from MT please enlighten.
Someone could sell to it before you, or the person could pull the order before you had chance to utilize it.


This is really a good point.

Even if we tagged all of the buy orders with their 'margin trading status', a person could still see a big juicy buy order, buy the overpriced item at a different station (or on contract), and move the item, just to have the buy order disappear before they can sell it. As Dav Varan points out, there's a number of reasons why that would happen.

Because of the lag time in the market window, it is only going to be accurate as of a few seconds before. There's a limit to how accurate the market window can be. Most reasonable people can work with it just the way it is.
RubyPorto
RubysRhymes
#371 - 2013-11-29 18:46:18 UTC
Dav Varan wrote:
RubyPorto wrote:
EVE is an exception based design. Should CCP remove every ability because people who don't have the skill to use that ability can't use that ability?


Regardless, where in the UI elements related to placing buy orders does it say that everyone must place 100% of the value of the order into escrow?



That wasn't the question.
The question was what suggested it.

You have been educated as to what in the interface gives the suggerstion that buy orders are guaranteed.

Experiance.


In an exception based system, that you can't do something does not in any way imply that nobody can do that thing.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon

ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#372 - 2013-11-29 21:45:42 UTC
I have removed some rule breaking posts and those quoting them. As always I let some edge cases stay.
Please people, keep it on topic and above all civil!

The rules:
5. Trolling is prohibited.

Trolling is a defined as a post that is deliberately designed for the purpose of angering and insulting other players in an attempt to incite retaliation or an emotional response. Posts of this nature are disruptive, often abusive and do not contribute to the sense of community that CCP promote.


26. Off-topic posting is prohibited.

Off-topic posting is permitted within reason, as sometimes a single comment may color or lighten the tone of discussion. However, excessive posting of off-topic remarks in an attempt to derail a thread may result in the thread being locked, or a forum warning being issued.


31. Rumor mongering is prohibited.

Rumor threads and posts which are based off no actual solid information and are designed to either troll or annoy other users will be locked and removed. These kinds of threads and posts are detrimental to the well being and spirit of the EVE Online Community, and can create undue panic among forum users, as well as adding to the workload of our moderators.

ISD Ezwal Community Communication Liaisons (CCLs)

Ayana Mayuko
Mayuko Sisters' Trading Enterprises Ltd.
#373 - 2013-11-30 00:53:43 UTC
Forgive me if this has been said already - I haven't read the entire thread.

Couldn't a simple fix just be to give the seller a warning that the order they're selling to won't be fulfilled, and then give them the option to sell to the next highest valid order? This not only fixes the issue with margin scams but avoids penalizing genuine players by not removing their order.

There has been many times in my own trade where I've had an order that is higher than my wallet balance. I know that I will probably sell enough overnight to cover that order if it does complete, however under the changes proposed in the OP, my order would be automatically cancelled regardless of what I make during the day. Not only is this an inconvenience, but it also means potentially lost profit and quite a lot of incurred taxes for no gain - especially bad for high ISK orders.
RubyPorto
RubysRhymes
#374 - 2013-11-30 01:21:47 UTC
Ayana Mayuko wrote:
Couldn't a simple fix just be to give the seller a warning that the order they're selling to won't be fulfilled, and then give them the option to sell to the next highest valid order?


That already happens. The order fails and the seller is able to sell to the next buy order if they wish.

The people complaining want the order to fail before they make any attempt to actually acquire the item.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon

iskflakes
#375 - 2013-11-30 01:25:19 UTC
As a very long term trader, here's my input:

Firstly never cancel our orders automatically. I run 300-1000 orders across many characters, and having some randomly cancel is a ridiculous mechanic, as it requires me to check a list of 1000+ orders for any that might be missing. What a mess. As an alternative, please temporarily disable (NOT CANCEL) orders which can't be met because the trader's balance is too low. This solution is right because:

1) It solves the margin scamming problem
2) It improves gameplay for current traders, who sometimes lose a few orders accidentally due to low balance + somebody selling to them. I always though the current system was badly designed and this fix would sort it out.

-

Ayana Mayuko
Mayuko Sisters' Trading Enterprises Ltd.
#376 - 2013-11-30 01:39:40 UTC
RubyPorto wrote:
Ayana Mayuko wrote:
Couldn't a simple fix just be to give the seller a warning that the order they're selling to won't be fulfilled, and then give them the option to sell to the next highest valid order?


That already happens. The order fails and the seller is able to sell to the next buy order if they wish.

The people complaining want the order to fail before they make any attempt to actually acquire the item.


I was more thinking along the lines of actually warning the seller prior to the sale so they can make a judgement as to whether its a worthwhile sell - if they just sell to an order that can't fulfill they're automatically charged tax. They may decide after that the order that failed was the only reasonable order to sell to and that they don't want to sell anymore, therefore incurring tax for nothing.

Although I'm not entirely sure what the issue is, its very easy to spot these kind of scams, usually by the insane minimum volume or by simply checking the market history. Its a slightly broken mechanic to be able to have orders that you cannot cover (although removing them automatically is a bad idea) but if someone is really not smart enough to notice the scam then maybe the market isn't the right place for them.
RubyPorto
RubysRhymes
#377 - 2013-11-30 02:18:51 UTC
Ayana Mayuko wrote:
I was more thinking along the lines of actually warning the seller prior to the sale so they can make a judgement as to whether its a worthwhile sell - if they just sell to an order that can't fulfill they're automatically charged tax.


They are not. No transaction occurs. No tax is collected.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon

Edlorna Tinebe
The Elerium Trust
#378 - 2013-11-30 04:22:13 UTC
CCP Rise wrote:
This isn't about scamming or whether or not it's okay for people to trick other people, which is obviously extremely EVE and we have no problem with. The issue here is that the client (via the market interface) is essentially lying to the player by showing an order which can't actually be filled.


Making any statement analogous to "the interface should not lie to the player" is dangerous. Do you really want to set that as a policy? Cloaking devices will make a player's overview lie to them, convincing them that they are alone when they aren't. It limits the types of content that can be released in the future, and deceiving others is so central to EVE that I can't imagine that this will never come back to haunt someone with an awesome idea.

I'm not saying that margin scams shouldn't be dealt with, but please be sure that you're setting a precedent you can live with.
Yankunytjatjara
Ministry of War
Amarr Empire
#379 - 2013-11-30 07:43:31 UTC
Statistics?

Are there any stats on how many margin trading scams there are a day? Failed orders could be real errors, probably are for the most part.

My solo pvp video: Yankunytjude... That attitude! Solo/small gang proposal: Ship Velocity Vectors

Reaver Glitterstim
The Scope
Gallente Federation
#380 - 2013-11-30 08:33:55 UTC
I think the obvious way to fix it is to make unfillable buy orders not show up -- they would still exist, but would not be seen until the poster has enough money to allow them to be filled to the minimum amount that can be sold to it.

The problem with this solution is that it completely eliminates the margin trading scam, as far as I can see, anyway. I'd like it to still exist, as long as it's actually a scam and not a lying interface.

Something I'd like to see in the game which would prepare new players for a lot of what they can expect in EVE would be a set of tutorial missions in which the player actually gets scammed by NPCs. These tutorial missions should be out of the way and skippable, so a player has to go out of their way to access them - though Aura would mention where to get them of course. If done right, it could give players the necessary tools to avoid falling for scams, should they be determined enough to learn these things.

Here's an example mission to teach how to avoid the margin trading scam:
* Tutorial NPC gives mission asking player to get 1x [Crate of Nanofiber Tubes] from market 1 jump over
* when player accepts mission, market hub 1 jump over gains a sell order for several [Crate of Nanofiber Tubes], with one unit selling for 1000 ISK and the rest selling for 25,000 ISK each.
* market hub also has a buy order claiming it will pay 1 million ISK for a single [Crate of Nanofiber Tubes], but order fails due to insufficient funds
* if player attempts to sell to the order, then upon turning in the mission, the NPC will scold the player for falling for that, explain how it works, and offer a consolation with a NPC buy order value of ~10,000 ISK.

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