Trade 211: Trade Psychology

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This is a deprecated class syllabus, intended as historical record for the teaching department.

Creating syllabi is no longer our process for new classes, and no classes in the syllabus library are considered current. They are here for historical purposes only, as well as an optional starting point for designing new classes. Please do not assume any of the classes you find here have slides, or have even been taught for many years. If you do use information in a syllabus, ensure that you have brought it up to date with contemporary EVE.

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