Market Discussions

I've read a veiw semi - in depth guides how t r a de . They seemed very well documented but there were somet things that i dud't undrerstand lik "squatting" ?

Whats that?


Also I"ve only been station trading a few days but i think i have the king of it. There is lot to itl. llike things such as

ORDER LAYERING?

Whats the point of this? do you have to ordres say buy orders of 1 7770 a nd 10007 as if getting one fiiiled and maybe not gettting other filled was GOOOD thing. Well if we though getting th 17770 was going o get filled why not put all the monney into it? I dont get the idea f mone laryering at all. Ths is often given as a "way out' of the dreaded .`1 cent wars.. But i
m not seeeing it.


any help in dvanced. is much arpreciateed.

Thank You

The only thing I can make out of the thread is he is talking about multiple buy orders..

Multiple buy orders do work fighting the 0.01 isk war.

Order 1 : 500 ISK
Order 2: 499.99 ISK

Once a competitor comes along with 500.01 ISK you can raise Order 2 to 500.02 and then if someone comes along and goes 500.03 within 5 mins, you can change Order 1 to 500.03

The advantage is that you can potentially change your buy orders for a single item more than 1 per 5 mins.

You can only update orders every 5 minutes. By layering you ensure you have an order that can be updated so you can always have the high order.

If you're a bo or without a lifet then yes, it makes sense.

if you layer, then you can disappear off and let the orders sell.

Its also a way of "checking" the price when doing speculation.

I think a better question is why do you think you can get out of the one cent war?

Order layering can also be used to raise the price of an item you've been buying and soon to be selling. Kind of like the poster above mentions spooking the market. But in the reverse context.

If you want to actively market trade you have to play the 0.01 isk wars. otherwise you are not market trading or active trading, you are just posting stuff and hoping it will sell.

As others have said, the purpose of layering as you call it is not to get away from the 0.01 isk games, but to allow you to compete in it. If you have one active order you can only up date it once every 5 minutes, which means you will never have the top order unless you under cut the competition by a large amount. By layering orders you can up date one order, then 5-10 seconds later update another order for the same item, then again, and again, and again. The more orders you layer the more 0.01 isking you can do, the easier it is to keep up and always have your orders on top.

If you do not want to play the 0.01 then you are focusing on the wrong area. The non 0.01 isking option involves more research, and much more patience. What you do is pick a few items that trade in very high volumes. Determine the range they regularly trade at. Then you set buy orders at a low price that you know they will regularly hit, and sell orders at a high price they will regularly hit. Both of these prices need to be within the price range you determined earlier. By doing this you know the prices of the items will rise and fall through the day as the 0.01 iskers push them. If you chose the right items, and the right price points, the items will hit both the high and low prices you set your orders at several times per day.

You will have to occasionally update those prices as the market will not stay stable within the same range all the time, but it will keep you out of the 0.01 isk games, and still allow you to make isk. The trick here is you need much more capital to work with to produce the same profits. As with any activity in EVE, the more time and effort you put into it, the more isk you can make. 0.01 isking is a high effort, and time consuming way to trade, but also offers the highest returns if done right. range trading as I call it, (not sure of the proper term) takes much less effort, and does not need constant attention, but the returns are lower, thus the need for more capital to produce the same income.

Its also useful as a deterrent, when people see a bunch of semi competitive orders on something they assume it to be a fought over item and most wont bother getting into the fight. (this goes for lower volume markets like mission hubs where traders are lazy)

Getting out of the 0.01 isk war is very simple, dont participate.

By increasing the isk worth of a certain item on the market, by topping up buy orders, you are yourself creating a higher priced market. By having the market run without your topping up, the rolling average buy price will be ending up lower most of the times.

If you have volume to spare, you could dump away your spare stocks on the buys of others, to keep your buys in line with your desired buy price. This can be done by speeding up the bidding war by a far higher price, say 1 isk, 100 isk, 100 mil isk... whatever your market price requires. When you make enough profit to counter your extra fees to refill the gap to your desired buy quantity, you can lower your price again to the previous lvl and buy on the lvl you want. The other's requested quantity is matched, and if you are lucky he will not reinstate a buy order (soon). If he does, you could go the diplomatic route and offer him to buy for him and create a cooperated buy-in. You both gain, since the price stays your desired price. In heavily competed markets, this can safe a lot of money to everyone.

Hope this helps. If questions, chat me up in game.