Market Discussions

The logic does not matter.

The first week of December shown a large pin bar (PB) that should have warned any stock holder that many were taking profit. I mean, it's a whole week worth of people selling twice as much than what was bought. Plus it closes below a BRN (big round number) which means buyers lost strength.

You then had the 2nd week of december warning you about the supply and demand change: Robotics

At the 3rd week, the 2 week pin bar is an huge DUMP NAO !signal that would not make anyone lose more than 4.5k a piece.

The 4th week, the IPB closing below the 2 W PB means that sellers are winning, it could only go worse if it closed below the 1st Dec week tail (buyers minimum accepted liquidity level).

The next week, the "could only go worse" happened. The thick bearish bar closes below the 1st December PB => sellers have eradicated all the remaining buyers. Anyone still holding stock that day have exclusively themselves to blame.


Edit:

No excuse about only me having access to decent analysis tools: everyone in EvE can type "Robotics" in EvEMarketeer.com and click "Trends". He would see the same things, I even put an arrow next to the PB.


Edit 2:

No excuse about not knowing what to do either, it's all freely explained with pictures by me on this forum: Experiment #01: RL finance analysis applied to EvE and even in a RL trading forum.


Remember, trading is a PvP game based on asymmetry of information. If you don't upgrade your tools to Tech 3, the other traders will stomp you.

What happened was fuel blocks came out. They were a new fuel introduced that required robotics to make. So, pos owners gobbeled up a crap ton to make a good stockpile to augment the on hand and outdated pos fuels they had. Now, since pos owners have a good stockpile, the demand has returned to their previous levels.

That's the magic of technical analysis. There are enough formulas in the TA's toolbox that there's always one or two to match every historical graph.

I'm not knocking TA entirely, just pointing out that it's often abused.

Welcome to investing.

The issue with your understanding is that you're underestimating stockpiles. 3-4 days volume is absolutely nothing compared to what people have stacked away in hangers. The only way to 100% predict prices is to predict when people will sell and when people will buy. In my opinion, lots of PI was bought up for fuel blocks, and now that demand gap has been filled. Also, many people will stop producing fuel blocks for various reasons (no profit, too lazy, etc), and some of the robotics that was bought up will now find its way back on the market and depress it slightly.

This is where your argument ends. Stockpiles are very real, and the fact that you think that 3 days of Jita market volume has any long term significance shows a lack of understanding, especially considering Robotics has had traders popping in and out of the market constantly.

Hell, with the waffles I play with I can cover Jita volume for about 6 months. I'm just 1 player out of hundreds of thousands, and every trader probably has a giant stockpile of their current "item of choice".

Of course what I'm saying has just as much evidence as your duping accusations (zero), but if you've ever tried to manipulate a market yourself you can feel the stockpiles first hand. If you just buy up all of the items on the market, enough stock gets instantly dumped to bring the price even lower than it was originally. You can then buy up the entire market again, and within a few minutes giant stacks of random item X from god knows where will once again start popping up. I bet most of the traders reading this thread have a stack of something, be it from lazyness or used as an investment.

Also, I hate to tell you, but there are tons of people who produce items for themselves and for sale even though the value of the end product is lower than the sum of the component prices. It's sad but oh so true.

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"This is where your argument ends. Stockpiles are very real, and the fact that you think that 3 days of Jita market volume has any long term significance shows a lack of understanding, especially considering Robotics has had traders popping in and out of the market constantly."

- There will be no more Robotics in the marked with re selleres. I sell 10, you buy 10 will not make 30 Robotics. To be honest that is a bit sad that the Only data in you logic is pure fail

"Of course what I'm saying has just as much evidence as your duping accusations (zero), but if you've ever tried to manipulate a market yourself you can feel the stockpiles first hand. If you just buy up all of the items on the market, enough stock gets instantly dumped to bring the price even lower than it was originally. You can then buy up the entire market again, and within a few minutes giant stacks of random item X from god knows where will once again start popping up. I bet most of the traders reading this thread have a stack of something, be it from lazyness or used as an investment."

Wall of text with no logic. Might look convincing for a few, but then they might be into. PI. This clearly shows that you have a lack of basic understanding day trading. If you day trade in robotics that has had a fall from 80- 42 (50) you will lose isk no matter, it has gone down to fast.. If you are really good can earn is when a product is going down in price. The Problem, is that the fall was to fast.

- IF you are a - 100 mil trader at Jita, your way, or how you do it , how you get you isk. A small fish can sell, and buy fast and make isk even on robotics. If we are at that level of Trade talk, that we talk about a few millions per day, then... I suggest you stop here -----> X

I do play the marked, and did lose 2bil on robotics (1 month ish ago, in for 4 days , took my losses. And moved on.

You have arguments that sounds convincing, and is build around an illusion of logic. I bet many here will take your words over mine. But, what you call facts is rumors with no base to it.. It don't matter how many time you say "I heard this" "Many are... All this "facts" are irrational arguments.

The conclusion that many are idiots that do stuff for 0,- isk, or even have to pay to click on that boring PI planet, might be true for a week or 2, but even a Idiot gives up after months.

So..... "I Believe, I have heard of dupes, someone in local channel told me. " to put them in to words that your logical , analytically mind can comprehend. That Pi stuff is duped.

The Numbers don't add up.