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Why would you NOT 0.01 ISK market orders?
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Sabriz Adoudel
Move along there is nothing here
#41 - 2015-08-01 06:48:37 UTC
Plato Idari wrote:
I don't .01 isk because I value my time more than you do. It makes more sense for me to raise the price to the point where you wont/cant .01 isk me than it to stick around every 5 minutes to change my price. If I really care about an order I might check in on it once an hour.


If I'm ddoing something semi passive like POS bashing oror waiting out a GCC timer I'm happy to check orders each five minutes.

I support the New Order and CODE. alliance. www.minerbumping.com
Avi Shekelstien
Doomheim
#42 - 2015-08-02 10:48:10 UTC
Why not 0.01? Job, family, social life...
Thomas Cromwell
Doomheim
#43 - 2015-08-02 16:50:48 UTC
Is it possible to trade in Jita without 0.01isking every 5 minutes? I thought it was only possible if you massively undercut everyone and limit your profits.
Cista2
EVE Museum
#44 - 2015-08-02 17:56:55 UTC
Thomas Cromwell wrote:
Is it possible to trade in Jita without 0.01isking every 5 minutes? I thought it was only possible if you massively undercut everyone and limit your profits.
Prices move up and down in cycles or due to changes in EVE gameplay. If you can predict the direction of movement, your price is golden :)

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Thomas Cromwell
Doomheim
#45 - 2015-08-02 19:00:22 UTC
Cista2 wrote:
Thomas Cromwell wrote:
Is it possible to trade in Jita without 0.01isking every 5 minutes? I thought it was only possible if you massively undercut everyone and limit your profits.
Prices move up and down in cycles or due to changes in EVE gameplay. If you can predict the direction of movement, your price is golden :)


In many ways I think this is how people escape 0.01 isking. Even if you only update your order a few times a day, eventually it will be filled I guess. If it turns out the item has dropped, then just wait till it raises again. I'm only new to trading, so I'm not sure of this will work out, but I would much rather get a slower return from leisurely trading than spending 12 hours a day updating prices every 5 minutes.
Tomb Ovaert
9B30FF Labs
#46 - 2015-08-03 11:14:03 UTC
Professionals don't cent ISK, they adjust by a whole ISK. Blink
Gully Alex Foyle
The Scope
Gallente Federation
#47 - 2015-08-03 21:34:52 UTC
I sell stuff in small markets. I have from zero to 4-5 active competitors on the items I sell.

So:

. If competitors' price is ok for me (decent profits) --> I -0,01 ISK (or a bit more, I just roll the scroll wheel a bit)

. If price is too high --> I list at a high but more reasonable price, in order to not scare off potential buyers

. If it's too low --> I list at a decent (higher) price and wait for the other dude to change his mind or deplete his stock

. If it's close to or lower than my costs --> I buy everything!

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!
Sabriz Adoudel
Move along there is nothing here
#48 - 2015-08-03 23:37:40 UTC
Tomb Ovaert wrote:
Professionals don't cent ISK, they adjust by a whole ISK. Blink


10.01 or 100.01 is better. A good 10% of the time the first undercutter doesn't realise this and you get 5 more minutes as the best order.

On high value items (battleship hulls, exhumers, etc) 10000.01 is better again. Harder to notice. 10 million and a cent is an option on Maruaders and similarly priced items but I don't trade those often enough to comment.

Incidentally this is why I tend to avoid prices that end in lots of 9s. 9 and 8 look similar enough that it's an easy mistake to make to not notice someone changing a digit to an 8.

I support the New Order and CODE. alliance. www.minerbumping.com
Gilbaron
The Scope
Gallente Federation
#49 - 2015-08-04 12:13:40 UTC
i tend to undercut by more than 1m / sell order

i usually build the stuff i sell and i make sure that all my jobs have at least 50m in profit.

that way, i can undercut 50 times before actually loosing anything.

deep undercutting tends to (temporarily) scare away people from a market which makes it much easier to turn over my items. and i want my money invested in indu lines, not in stuff sitting in the auction house.


Sabriz Adoudel
Move along there is nothing here
#50 - 2015-08-04 23:24:06 UTC
Gilbaron wrote:
i tend to undercut by more than 1m / sell order

i usually build the stuff i sell and i make sure that all my jobs have at least 50m in profit.

that way, i can undercut 50 times before actually loosing anything.

deep undercutting tends to (temporarily) scare away people from a market which makes it much easier to turn over my items. and i want my money invested in indu lines, not in stuff sitting in the auction house.




I do this if and only if my production operations are capital constrained.

For me, this is necessary if I'm building tech 2 cruisers and comparably expensive items. I simply cannot afford to sit on 85 Oneiroses or 65 Ishtars.

Generally though, I find that anything I could produce where I would be capital constrained, I hit a different barrier first: my personal production operations cause a localised flooding of the market and drive down prices.

For what it's worth, I have no hesitation selling something I produced below build cost if my market instincts are telling me that the price is falling and will not recover.

I support the New Order and CODE. alliance. www.minerbumping.com
Tau Cabalander
Retirement Retreat
Working Stiffs
#51 - 2015-08-04 23:55:41 UTC
I'll only 0.01 ISK if the market competition is very tight.

If the other traders are very aggressive at 0.01 ISK, I'll just say frell-it and move the order to my minimally-acceptable price.

If that is challenged, I'll just wait.

There are some items that I only sell direct to buy orders, because the movement in the sell orders is glacial (unrealistic profit expectations, or aggressive competitors).
Sabriz Adoudel
Move along there is nothing here
#52 - 2015-08-05 00:13:43 UTC
Tau Cabalander wrote:
I'll only 0.01 ISK if the market competition is very tight.

If the other traders are very aggressive at 0.01 ISK, I'll just say frell-it and move the order to my minimally-acceptable price.

If that is challenged, I'll just wait.

There are some items that I only sell direct to buy orders, because the movement in the sell orders is glacial (unrealistic profit expectations, or aggressive competitors).


How do you determine your minimally-acceptable price?

I don't like to have a formula for something like that (103% of what I paid, or similar) as sometimes you want to dump stock fast and are OK with taking a loss, but this isn't something I do lightly.

I support the New Order and CODE. alliance. www.minerbumping.com
Gilbaron
The Scope
Gallente Federation
#53 - 2015-08-05 14:37:19 UTC
Sabriz Adoudel wrote:
Gilbaron wrote:
i tend to undercut by more than 1m / sell order

i usually build the stuff i sell and i make sure that all my jobs have at least 50m in profit.

that way, i can undercut 50 times before actually loosing anything.

deep undercutting tends to (temporarily) scare away people from a market which makes it much easier to turn over my items. and i want my money invested in indu lines, not in stuff sitting in the auction house.




I do this if and only if my production operations are capital constrained.

For me, this is necessary if I'm building tech 2 cruisers and comparably expensive items. I simply cannot afford to sit on 85 Oneiroses or 65 Ishtars.

Generally though, I find that anything I could produce where I would be capital constrained, I hit a different barrier first: my personal production operations cause a localised flooding of the market and drive down prices.

For what it's worth, I have no hesitation selling something I produced below build cost if my market instincts are telling me that the price is falling and will not recover.


i always keep an eye on what jita moves per day.

65 ishtars wouldn't be a problem for me to sit on, since jita alone moves close to 200/day. i just don't invest that much in a single product for other reasons.

i wouldn't get nowhere near those 85 oneiros though.

my personal rules for indu jobs are: no more than 1b/item invested. no more than a days worth of sales per item cooking.

that way i can keep risks relatively low. and if one product falls in price, i can easily afford waiting for a week or even a month.
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