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Allow Me to Revolutionize Your Trading

Author
NanDe YaNen
Moira.
Villore Accords
#1 - 2017-04-17 09:15:59 UTC
Oh my god. Watching a screen to raise your order price by 0.02 ISK every five minutes? People still do this??? OopsOopsOops

IdeaIdeaIdeaIdeaIdeaIdea

LIBERAL Universalists is about to share some top secret knowledge to ADVANCE THE LIBERAL UNIVERSALIST AGENDA

Fix your block size Buy Regionally. Buy in big blocks.


  • BIG BLOCKS recieve large ISK BearBear
  • SMALL BLOCKS to still deserve some ISK SmileSmile
  • BLOCKS of ONE are garbage XX


Because of the outrageous broker fees at many stations, you really have to get your block size right.

If you are going to buy 1,000,000,000 of something because you're an elite LIBERAL and you buy lots of everything, place your orders something like this:

Assume regional hub shows 2.05 ISK (haha for five minutes. Someone is already adjusting it by 0.01 ISK. Loser)

Region 90-day min 500,000,000 @ 2 ISK
Region 90-day min 200,000,000 @ 1.9 ISK
Region 90-day min 100,000,000 @ 1.8 ISK
Region 90-day min 100,000,000 @ 1.7 ISK
Region 90-day min 100,000,000 @ 1.6 ISK

Every order should fill for exactly the order size. This way you know you are getting a block that you or someone else is willing to deal with.

What about the leftover? What if most people want to sell to the market and not exactly at your order size? Let someone smart who is playing a different style pick it up for 1 ISK over the region.

Here comes a market order for 103,284,878 widgets! because it's not big, it falls through the order for 200,000,000 and the one for 500,000,000 but can be filled by the order for 100,000,000 @ 1.8 ISK so you obtain it for a bit lower price to balance the risk of the crappy smaller block. Some schmuck picks up the 3,284,878 widgets and goes and hauls them in their Crane because they are a schmuck.


If you are going to pay close to the bid at Rens or Jita, but are willing to buy anywhere in the region, you want to be sure that you can move lage blocks so that you are not stuck hauling. Hauling is just as bad as watching a screen and flicking 0.01 ISK adjustments.

You want to make ISK, not sadness.

If some schmuck wants to beat you for 0.1 ISK, guess what, now they get to hault their sadness to Rens for zero ISK




IdeaIdeaIdeaIdeaIdeaIdea

The tradeoff is complex. We trade off:


  • Block Size
  • Block Price
  • Block Location (everywhere if the blocks are big enough)


When talking about orders, you say, "Hey, I want to sell 500k @ 450 or 1000k @ 460

The logic is clear. If somone is going to save you a ton of time by matching your block size and guaranteeing that the order is like a freighter load or something, or enough to get the attention of the next person, then you know you will make a quick turnaround and you can afford to offer more.

Bids for block size of 1 and adjusting by 0.1 ISK in Amarr are for n00bs. They should go find jobs and get real money or something.


If you like this top secret information, join Liberal Universalists to get EVEN SMARTER IdeaIdeaIdea

Public channel is KORNS public

Because this is about UNIVERSALISM and nothing says liberal universal elitism like filthy rich unicorns.
virm pasuul
Imperial Academy
Amarr Empire
#2 - 2017-04-17 10:47:40 UTC
Looks interesting, can you explain it differently please?
NanDe YaNen
Moira.
Villore Accords
#3 - 2017-04-17 11:17:34 UTC
virm pasuul wrote:
Looks interesting, can you explain it differently please?


The problem we are getting around is 0.1-upping. You don't want to play this terrible style game.

You could avoid the hub by trading things several jumps away or even across the whole region knowing someone will sacrifice some ISK for their time at some point.

However, you don't want to buy and sell at every station in the region for every tritanium that falls through the cracks. There is 1-upping in the regional orders as well. It's mind-blowingly not fun.

GIve yourselve an extra advantage over the min-size-1 regional orders by setting a huge min size and placing the whole block closer to the hub price. You don't know where in the region this order will finally execute, but when it does, you know you won't have to warp all over the region in a freighter.

You only want to trade in large blocks. To do this, set the order min size identical to the order size, so the order is done the very first time someone hits it. Pick a block size that makes sense for your capital (and your ability to haul if you're into that)

Minimum size: 100,000
Size: 100,000
Price: Below the hub
Distance: Region
Time limit: 90-days

This way, you don't end up with a bunch of small crap spread across the region. You only want big blocks. It lets you trade against the whole region without ending up with partial orders or really small purchases in 50 stations that you have to either aggregate yourself or waste 50 orders to clear or even warehouse for 4 years to finally be worth shipping.

Someone might try to one-up your 100k block size order with a region order of block size 1, but they are spending a huge amount of ISK when you consider that they have to aggregate all the pieces. You can buy at near the hub price because you know every time an order clears, you have a big huge pile of goods instead of a bunch of small ones. Your low cost of moving or re-selling the goods is why you have a price advantage over the block-size-1 fools.

If you want to have block size one regionally, be sure to set the price really low because it's a huge waste of time if you don't get a good margin. That's what I mean about how your large block orders will let the small crap filter down to the min-size-one orders. Let them deal with it.


Ideally, the result of everyone doing this is that there are, regionally, lots of big block orders near the hub price and smaller block orders below market and finally bottom-feeder 1-block orders scooping up that lone tritanium from an Ibis. The reason why the big block orders can be more competitive this way is because instead of everyone trying to compete only on price to move their huge capital, they are instead competing on block size and distance, making it much easier for the bulk commodities to stay liquid in the whole region.

Feel free to join KORNS public or eve mail me or even just apply to Liberal Universalists for a steady stream of such information.
virm pasuul
Imperial Academy
Amarr Empire
#4 - 2017-04-17 11:27:23 UTC
Thanks.
Reileen Kawahara
Bio-Tech Research
#5 - 2017-04-17 12:51:17 UTC
Slightly difficult if your order executes in low-sec though.
Rhivre
TarNec
Invisible Exchequer
#6 - 2017-04-17 12:59:32 UTC
virm pasuul wrote:
Looks interesting, can you explain it differently please?



"Let us tell you how to region trade, and make your corp asset list look VERY impressive (and lag your screen when you open it)"
virm pasuul
Imperial Academy
Amarr Empire
#7 - 2017-04-17 13:20:49 UTC
I think the OP was genuinely trying to share something they were quite excited about, and could be of benefit to others. I found it a bit difficult to understand to start but they clarified. I found it interesting. I see no need to mock them for sharing something constructive.
NanDe YaNen
Moira.
Villore Accords
#8 - 2017-04-17 13:23:57 UTC
Reileen Kawahara wrote:
Slightly difficult if your order executes in low-sec though.


Right, another reason not many press the region button. I do trading in nullsec that is surpisingly fluid. If you can't manage hauls, try to sell to someone who can, and note that the spreads are always larger in the lower security spaces, so while you might not get the throughput, your profit is generally higher.
Jeronica
BURN EDEN
#9 - 2017-04-17 13:34:12 UTC
Please don't post political propaganda threads.

EVE-MOGUL.COM

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Sabriz Adoudel
Move along there is nothing here
#10 - 2017-04-17 13:40:02 UTC
Reileen Kawahara wrote:
Slightly difficult if your order executes in low-sec though.



This is why I have contracting 5 trained.

Recently had someone dump 8 Hyperion battleships on my regionwide buy order in a player-owned Keepstar in lowsec.

Courier contract goes up. 1.616 billion collateral (i.e. exactly the price I hoped to sell the hulls for). I only pay 18 million.

Come back from work, and my Hyperions are sitting in Jita 4-4, where I wanted them.

That's basically the worst case scenario - a freighter-size load dumped in a lowsec citadel. Even it was very manageable.

I support the New Order and CODE. alliance. www.minerbumping.com

lanyaie
Nocturnal Romance
Cynosural Field Theory.
#11 - 2017-04-17 13:55:00 UTC
The usage of all those smiley faces and icons in your post make you like a third grader that just discovered emojis.

Spaceprincess

People who put passwords on char bazaar Eveboards are the worst.

NanDe YaNen
Moira.
Villore Accords
#12 - 2017-04-17 13:58:07 UTC
Jeronica wrote:
Please don't post political propaganda threads.


While the doctrine has yet to be finalized, there is already an explicit aversion to sovereignty entanglements, and the needs of fair markets dictate that free trade will be impartially executed upon all regions of space. What ever do you mean about politics?
NanDe YaNen
Moira.
Villore Accords
#13 - 2017-04-17 14:03:36 UTC
lanyaie wrote:
The usage of all those smiley faces and icons in your post make you like a third grader that just discovered emojis.


Your eye shadow looks like a middle schooler who just discovered makeup
Zarek Kree
Lunatic Legion Holdings
#14 - 2017-04-17 14:26:31 UTC  |  Edited by: Zarek Kree
Jeronica wrote:
Please don't post political propaganda threads.



Uh...just because his post includes the word "Liberal" doesn't make it "political." The name of his corp is "Liberal Universalists." Whether you agree or disagree with his strategy, there wasn't even a hint of politics in his post. Read before posting.
Davos Skyworth
Caldari Provisions
Caldari State
#15 - 2017-04-17 14:43:28 UTC
That was actually quite insightful. I'm thinking about getting my feet wet in the world of trading, and this seems like something worth trying. Thanks OP!
Gu1l7y 5p4rk
Gu1l7y Holdings
#16 - 2017-04-18 05:49:12 UTC
You all are late. This is basic REGION TRADING and has been outliined step-by-step over the years in much more detail with much more functionality by other more advanced traders. Use the wiki, use the search function. Use Google dear god. Haha.
NanDe YaNen
Moira.
Villore Accords
#17 - 2017-04-18 06:40:20 UTC
Gu1l7y 5p4rk wrote:
by other more advanced traders
Baseless propaganda!
Zarek Kree
Lunatic Legion Holdings
#18 - 2017-04-18 13:57:50 UTC
Gu1l7y 5p4rk wrote:
You all are late. This is basic REGION TRADING and has been outliined step-by-step over the years in much more detail with much more functionality by other more advanced traders. Use the wiki, use the search function. Use Google dear god. Haha.



If such strategies are never discussed then nobody ever knows about them. Feel free to provide some relevant links.
NanDe YaNen
Moira.
Villore Accords
#19 - 2017-04-19 01:59:26 UTC
I can share more information on KORNS public about where I'm trading, what areas I find to be absolutely no joy, and what I'm doing whenever I'm roaming around to kill time while orders fill (or just programming something completely different).

I currently have spreads (like a spread of torpedoes from a WWII submarine) in hisec and nullsec. Hisec is, the same as ten years ago, frustrating and not worth my time. I will probably stop going back except to pick up exploration gear.
Tanuki Kittybeta
Ripperoni in Pepperoni
#20 - 2017-04-19 05:03:09 UTC
NanDe YaNen wrote:
lanyaie wrote:
The usage of all those smiley faces and icons in your post make you like a third grader that just discovered emojis.


Your eye shadow looks like a middle schooler who just discovered makeup


wew
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