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Market order updating trick list
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Kara Books
Deal with IT.
#21 - 2013-03-30 23:42:43 UTC
LittleTerror wrote:
Kara Books wrote:
LittleTerror wrote:
Kara Books wrote:

In the meantime, I usually mod 20-30 orders of my 300 randomly, making sure my competition knows im still there and making sure they update ALL their orders taking up their 2 hours while I randomly and annoyingly scrolly wheel my buy orders.


When you do that I just scroll my mouse wheel a little harder.


Meh, iv seen worse, the kind of worse where I just have to remove all profits for a month by just killing the orders and just go and invent/build whatever I plan to crash and if competitor backs down, Manipulate instead and turn a fatty profit(usually not the case)

hows that for a market trick?

--but but--Then people come on the forums and cry, but but, I read on MD this makes billions with like 2 seconds a month =(
Whatever you read here on MD about investing ISK, either make sure its well detailed or backed up with solid proof, that or your about to become a part of some elaborate trick some one wants to play on a bunch of people all at once, for tears and profits.

the fact of the matter is, the heavier the competition, the more chances your going to get swapped out of the item or items like a hit and run trader, and picture people just like you, tens of them reading that advice doing the same thing, with the same results, BUT thats not the point, now picture how much work it will be to try to stay on top?

Best ISK is passive ISK, but its definitely NOT where you see determined competition, just be creative and dont be greedy.


Not a problem really, I can sell a few items for a loss and still make plenty isk on others...


K, I guess il add you to my watch list or something then?
cos rasberry you started it.
Brewlar Kuvakei
Adeptio Gloriae
#22 - 2013-04-02 08:57:12 UTC  |  Edited by: Brewlar Kuvakei
My market tool misses nothing and will always 0.1 isk your best order unless it falls out side my high and low margin in which case the number comes up red so I can check the value instead of mindlessly copy and pasting it.
Premier Sovian
New Sun Ventures
#23 - 2013-04-02 09:10:34 UTC
Huang Mo wrote:
My favorite tactic against 0.01 ("zero-one") incrementers is a tactic I call 10-1 ("ten-one"). The idea is to define your break-even price and then march towards that price in only 5-10 increments. If your opponent follow you, you dump your goods on him when you reach the top (making a little profit but for virtually no effort) and then lean back while he is jumping himself to death for no profit.

It works very well. I've won one market war using that tactic against an opponent that was encroaching on my markets. After having identified his markets I placed 10-1 orders all over the place until his profit went to zero and he surrendered :-)

The beauty of it is that if your opponent is online a lot and increment you within a few hours, you don't even need much capital for it to work.


This is pretty much what I do, I just don't have the time to log in and play 0.01 isk games so I'll undercut them until they get bored and leave or it isn't worth cutting them any lower. It helps that I'm into Region Trading and can sell for a lot less than Station Traders can while still making a profit.

It's a fun way to get lots of lovely hate mail from people who think you're not "Doing it right"
Stigman Zuwadza
Deep Core Mining Inc.
Caldari State
#24 - 2013-04-02 23:51:52 UTC  |  Edited by: Stigman Zuwadza
Driving up or down the price can sometimes create a new high or low price, experienced traders will continue to trade these items working with the new price. You've done them a great service as you especially are not likely to re-enter the market for that item, you've helped squeeze out the other wannabes and you've probably increased the market share for most of the persistent traders that remain with that line. Overall you've helped them increase their profits whilst walking away yourself with little to none.

Heavy price reductions or increases do work in helping to control prices and ensuring that additional competition isn't attracted to the item being traded, however, frantic price cutting or raising just makes it seem like you've lost your cool. My 2 cents to people that get margin trade scammed, don't trade in items you're not familiar with ..evidently these folks should also heed this advice.

When these folks 'dump' their stock onto other people, it should be remembered that the other person set the price and the quantity, from what I can see all they've done is helped to fulfill someone's order quicker and at a price they can still work with.

In the long run if you're operating like this I can only imagine that you spend more time than you need to trying to find the next opportunity because you've basically destroyed the supposed good deal that you only just discovered.

I can see these kind of tactics working as exit strategies if you really have found a duff line or need to liquidate quickly but as an ongoing trading strategy you probably haven't picked the best way.

These are the bios from one of my competitors:

.01 isk me, I ******* dare you.

1 isk me, I'll 10 isk you, 10 isk me, I'll 1000 isk you. Don't assume that sell order were approaching isn't also mine. Welcome to Manipulation! ;)

I have to admit that this was probably one of the most aggressive traders I have met, however they lasted all of 1 week maybe, I .01 ISKed them all the way. Big smile

Anyways, enough waffle.

Fly safe. o7

It's broken and it's been broken for a long time and it'll be broken for some time to come.
Vaerah Vahrokha
Vahrokh Consulting
#25 - 2013-04-03 07:02:32 UTC
Barakach wrote:
Sola Mercury wrote:
I like it simple.
I sell when prices are going up
And buy when they go down.
No need for 0.01 ISk boredom

Need to know middle-term value, to avoid losses.


The turn over rate of this method isn't the best, but if you have the isk and the patience, it's the best way to afk trade.


That's also more or less how I trade, in a nutshell. All my finance "crapola" just helps me to know when prices went down and it's time to buy or when they went high and it's time to sell.

Also, I never "dump" the stock, as it tends to tank the whole market so you might make say 100k on 1-2B of stuff but then only 95k on more 2-3B and then usually buy prices sharply drop so the next would maybe sell for 80k and region orders for 5k.

There's instead a tecnique called "money management" that tells to spread profits over multiple days both to let the market recover and also to eventually let it spike higher for higher resale price.

EvE Online portal | EvE markets tutorials
Premier Sovian
New Sun Ventures
#26 - 2013-04-03 09:23:03 UTC  |  Edited by: Premier Sovian
Stigman Zuwadza wrote:
Driving up or down the price can sometimes create a new high or low price, experienced traders will continue to trade these items working with the new price. You've done them a great service as you especially are not likely to re-enter the market for that item, you've helped squeeze out the other wannabes and you've probably increased the market share for most of the persistent traders that remain with that line. Overall you've helped them increase their profits whilst walking away yourself with little to none.


By your own admission this only happens 'sometimes'. In my experience this happens 'almost never' as I sell and buy the vast majority of my stuff on the first or second step. I've only had to go the full ten once and that was due to how ridiculously saturated the market was with people trying to sell at a completely unreasonable price. Once I started dropping it to a point people would actually buy it everyone else followed suit and I ended up having to accept the 10% to sell. Should have seen it coming but I'm still a bit new to this!

The idea that I should stop using my method and get back to trying to 0.01isk people is silly. I'm not very good at it, I don't play enough to compete with them and I'd just be sitting on stock that never sells. My potential profits would be huge but my actual profit would be laughable.

It may look like a panic sell, but the whole point is its a strategic reduction. I may get some helpful advice to only lower orders by 0.01isk but the people telling me to do that just want me to play by their rules. They like their rules because if I do follow their advice I only sell between the ticks it takes for them to update their orders to undercut me. If someone like you wants to drive me down the full ten steps then you can! Go for it! I'm still making money and I bet you'll get fed up a lot sooner than I will, you're playing by my rules after all and I expect you see a lot less money trying to muscle me out when I was just going to leave for a few days regardless of what you do. I'll be back, it's what a quick-bar is for.

As for having to constantly find new markets? Not really, I'm still making the same profits off about 90% of the items I use this method with. They reset their price in a day or two, I just keep them on my quick-bar and return when someone resets the price. After you've been doing this for a few weeks is when the real hate mail begins. The other 10% are ones which were lucky disparities in price that I could cash in quick on. Usually weird implants or some Tech 2 going for a budget price which isn't something I can rely on. They make the best money because I can sell them at prices that are guaranteed to clear out fast.

I'm doing okay with my method! I'm not an old character, maybe it'll get harder to do when I'm playing with more money, 100 Million Isk of stuff may be a lot to me but to some people I'm sure it's absolute peanuts. I've got plans to add more hubs and start using hauling contracts when my own lil' Badger ain't cutting it.
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