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SGXTrader

SGXTrader

Posts: 205 Silver Posts by user Forum Profile RuneMetrics Profile
Exactly that's where the fun part comes in. As said proceeds and capital should be locked and placed on a margin so they can't go bankrupt. And with short selling the limits can be removed so as to allow buyers to mass buy in a short time. Of course that's where short selling comes into action to prevent price from going too high. And should would also allow the market to respond appropriately by increasing in supply — higher price attracts suppliers to change focus in order to make more profit. Of course people would have to also realise to dangers of short selling through some in game guide before they are enabled to short sell else young players might not know what they are doing. A great way to enable exposure into sort of simulated real world stock market and teach short selling yes.

Official Post of suggestion here We are selling to willing buyers at the current fair market price so that we may survive.
My loss is your gain.
Current games: Runescape GE, Mobile Legends, osu!

28-Mar-2017 02:03:48 - Last edited on 28-Apr-2017 13:52:52 by SGXTrader

TradeMe5kPlz

TradeMe5kPlz

Posts: 39,040 Sapphire Posts by user Forum Profile RuneMetrics Profile
Thanks again, this comes in handy very much! I don't have a lot of the limits memorized yet, thank you!

Edit: Whoops, meant to post this on the GE limits thread. Thank you very much to everyone who has donated 5k

09-May-2017 01:56:53 - Last edited on 09-May-2017 02:00:51 by TradeMe5kPlz

MarcieTheDog

MarcieTheDog

Posts: 14,345 Opal Posts by user Forum Profile RuneMetrics Profile
I really dislike this line, and I hope you might consider editing it:

"If I was interested in flipping r2h's, for example, I would now know to buy a bunch of them at 36001 gp and sell at 37999 gp"

This overcutting and undercutting thing sounds good in theory and maybe worked when this post was originally created, but fails in practice today. Everyone is bidding 1gp over and 1gp under the nest person in the stack, and as a result, I'll PC the 36001 and bid 36002. Then I'll get PCed and have to redo my bid to 36004 because someone else bid 36003. Everybody just wastes their time and end up with reduced margins.

If nothing else, suggesting that you match the prices rather than under/over cut would allow you to give a concrete example of how the stacks work-- ie, if there are two people with the same price and someone sells 5 2rh, or 2 people sell 2 r2h in succession, what happens.

24-Jul-2017 23:24:33

Finance
Apr Member 2012

Finance

Posts: 56,428 Emerald Posts by user Forum Profile RuneMetrics Profile
Bud Runner said :
Is there a certain point in time where offers are that long in the GE that they get completed even though there are cheaper but more recent offers?
No--if there are better offers in the GE, those will be filled first. Very old offers can go "inactive" if the accounts that placed those offers don't log into the game for 1 week or more.
MarcieTheDog said :
If nothing else, suggesting that you match the prices rather than under/over cut would allow you to give a concrete example of how the stacks work-- ie, if there are two people with the same price and someone sells 5 2rh, or 2 people sell 2 r2h in succession, what happens.
The problem with using an example with two orders at the same price is that the orders roughly take turns, but I believe the older one has some priority. Unless you have the best offer in the GE, you're not guaranteed to get a r2h the next time someone insta-sells one.

You may want to consider flipping higher-value items instead--the problem you describe is more typical of resources, especially free-to-play resources.
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25-Jul-2017 01:50:03

MarcieTheDog

MarcieTheDog

Posts: 14,345 Opal Posts by user Forum Profile RuneMetrics Profile
Finance said :


The problem with using an example with two orders at the same price is that the orders roughly take turns, but I believe the older one has some priority. Unless you have the best offer in the GE, you're not guaranteed to get a r2h the next time someone insta-sells one.

You may want to consider flipping higher-value items instead--the problem you describe is more typical of resources, especially free-to-play resources.

You are right that this issue is more prevalent with resources, but saying flip a different item doesn't really help anyone. The issue is still there, and I'm sure that some people get the idea to under/over cut from this very guide, even though it hurts all flippers overall. Another place you suggest the undercut which I hope you would reconsider, which deals specifically with resources:

To get the best deal, instant buy and instant sell 1 item to find out the margin. Then buy the rest of your items just above the instant sell price .

Additionally, this guide is geared towards people just starting out. I don't think it's a reasonable expectation that they start with "higher value" items.

Even if we don't know 100% how the priority gets determined about who gets an item, I think that having a hazy statement ("The GE will allocate a portion of the r2h's sold to you" or similar) is better than instructing people to over/under cut. To some degree, the way it's written now, it sounds like unless I under/over cut, I'll never buy an item, and this is non only untrue, it's the opposite of what happens in practice.

25-Jul-2017 19:36:12

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