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Station trading question
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Turzyx
Doomheim
#1 - 2015-01-03 22:17:49 UTC  |  Edited by: Turzyx
Let's say I have a buy and sell order set up for the same item.

I set up a buy order for 1000 pieces. I "buy" 100 from somebody, and list them on the market. I now have a buy order with 900 left, and a sell order with 100. So what do I do when I buy more? Create new sell orders for the same item? If there is a way to increase qty for sale as well as the price I'm not seeing it.

What do you normally do? Just wait until you can an appreciable amount and list them all at once? And keep an inventory until you have enough to set up a decent sized order?

If you cancel an existing sell order and relist (with additional qty) do you lose the original broker fee?
Cista2
EVE Museum
#2 - 2015-01-03 22:37:44 UTC  |  Edited by: Cista2
Yes, ... you pretty much summed up my life.

My channel: "Signatures" -
Mecherous
The Hamno Corp
#3 - 2015-01-03 22:42:44 UTC
You can do whatever your trading style dictates....do you want to have numerous sell orders...or just wait until your buy order is completely filled prior to selling an item?

For me, it really depends on the item. Most of the time I don't want to sit on it to long and will list the stack as soon as I have 1/3 to 1/2 of my order filled.

So, it really depends on you.
Turzyx
Doomheim
#4 - 2015-01-04 01:04:38 UTC
Ok I understand, thanks for the replies Big smile
Sabriz Adoudel
Move along there is nothing here
#5 - 2015-01-04 05:04:23 UTC
I would eat a kitten on webcam in exchange for the ability to modify quantities on existing orders. Ditto for range on buy orders - I'd love to turn a station order into a regionwide one sometimes.

I support the New Order and CODE. alliance. www.minerbumping.com
Makhpella
Bad Taste.
#6 - 2015-01-04 10:40:05 UTC
Turzyx wrote:
So what do I do when I buy more? Create new sell orders for the same item??

Yes, so you can undercut twice as much.
voetius
Grundrisse
#7 - 2015-01-04 11:10:17 UTC

There isn't a specific answer to your question. I would try different stuff and see what seems to work for you.

The advantage of having a number of smaller sell orders is that you can modify prices and keep your sell order on top easier. The disadvantage is that it uses order slots and isn't going to be that useful unless you are at the keyboard.

It's also going to depend on what you are buying, or trying to buy. Some items rarely get sold into buy orders so these items you would probably want to list on sell orders fairly quickly rather than waiting for them to accumulate. Other items will be the opposite way around.
Scion Lex
LEX Investments
#8 - 2015-01-04 20:35:59 UTC
Turzyx wrote:
Let's say I have a buy and sell order set up for the same item.

I set up a buy order for 1000 pieces. I "buy" 100 from somebody, and list them on the market. I now have a buy order with 900 left, and a sell order with 100. So what do I do when I buy more? Create new sell orders for the same item? If there is a way to increase qty for sale as well as the price I'm not seeing it.

What do you normally do? Just wait until you can an appreciable amount and list them all at once? And keep an inventory until you have enough to set up a decent sized order?

If you cancel an existing sell order and relist (with additional qty) do you lose the original broker fee?


In the case of say a Battlecruiser valued at, say 40m isk. I cancel and relist. Yes, you do lose the brokers fees but, for that item the loss is absorbed in the remainin profit. With raw materials or item worth just a few thousand per unit I would wait and hld inventory until you have a profitable margin. Remember that when you hold inventory the estimated value is generally the local buy order. If you intend on reselling then your inventory is usually under valued. Whether this is a good idea or not depends on the margin and your rate of turnover.

Personally, I think holding inventory is great. Yes, its one more thing to calculate when you do your numbers, but it can give you some breathing room logisticaly if you have the liquidity to operate while holding that inventory.
Lucas Kell
Solitude Trading
S.N.O.T.
#9 - 2015-01-05 19:19:58 UTC
Sabriz Adoudel wrote:
I would eat a kitten on webcam in exchange for the ability to modify quantities on existing orders. Ditto for range on buy orders - I'd love to turn a station order into a regionwide one sometimes.
yeah, that's what trading needs, to be even easier Roll Pfft, and you complain about "the carebears".

Trading needs a severe balance pass as it's already far too easy to make ridiculous sums of isk with next to no risk.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
Alexi Stokov
State War Academy
Caldari State
#10 - 2015-01-05 20:46:46 UTC
Lucas Kell wrote:
Sabriz Adoudel wrote:
I would eat a kitten on webcam in exchange for the ability to modify quantities on existing orders. Ditto for range on buy orders - I'd love to turn a station order into a regionwide one sometimes.
yeah, that's what trading needs, to be even easier Roll Pfft, and you complain about "the carebears".

Trading needs a severe balance pass as it's already far too easy to make ridiculous sums of isk with next to no risk.



I also once thought that trading interface needed a revamp. Then they came out with that worthless multi sell box with the windows too small to see the price/quantity values. Oh and that pop up asking if you really want to see X number of units that had no commas to break up the blop into a usable, clear value. Bouncing between 3 month duration and instant sell now needs an extra click. Point being..... I don't think they are competent enough to change anything and make it smoother/better.