TRADE211 - Trade Psychology

From UniWiki
(Redirected from Station Trading 102)
Jump to: navigation, search


The following article is a syllabus for a class, intended primarily for teaching staff.

It is not our intention that teachers just recite this document. Make sure to read it thoroughly, use its structure as a guide for the structure of your class, but also make sure there is an added value for students to attend the class, instead of just reading this document.

Presenting the required components can be done in any order - the important part is to ensure the the syllabus is adhered to. Note that the teaching guide may not be up to date and it is the teacher's responsibility to ensure everything in the syllabus is covered.

This syllabus was last reviewed in June 2011. Before editing the Syllabus section, please discuss any changes with the Teaching Manager.

Feel free to contribute to the Teaching Guide, however make sure you adhere to the syllabus.


Trade Psychology
TRADE212
School of Economics
File:Trade211.jpg
Course TRADE
Complexity 2
Practical No
Overview
Applying Psychological Warfare to Trading

Contents

Syllabus

(under construction)

Teaching Guide

Psychological Warfare (no, really)

Popular Methods

- parallel order sniping

-- one small-volume market order to bait snipers

-- primary high-volume market order to blitz

- mass volume orders

-- less work to unload volume

-- can discourage market entry until volume goes down

-- encourages sniping, though it really has little effect

-- you can drive the market to smaller margins

-- can be identified as a major marketer

- small volume orders

-- less conspicuous, may discourage sniping

-- not identified as a major marketer

-- more work over time

- coerced buyouts

-- works only when margin is very wide

-- cuts into your own profits, the bigger the bait the more it cuts out

-- may not bite

-- very fast sell if it works, SEP

- market cornering

-- requires a HUGE amount of capital

-- very high risk

-- chance of very high profits if successful

Hints, tips, and best practices

- it is difficult to single-handedly kill the market

-- but it can be done, if only temporarily

-- but there's not much point

- +/- 0.01 will maximize your profits

-- +/- 0.02 or 0.03 can give you a bit of leeway for accidents

- forced math farts

-- example: Sell Order for 10,000.01 may force someone to set for 10,000.02

- attempts to force out of market usually fail

Personal tools
Namespaces
Variants
Actions
Navigation
EVE University
Toolbox