Tsibelman
Garoun Investment Bank Gallente Federation
1
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Posted - 2013.12.18 21:05:00 -
[1] - Quote
It possible to make a fortune from path info but you just don't need it.
The major source of EVE profits is regional price discrepancies, the arbitrage between different locations allows for a daily profit of 3%-5% from a sum of up to at least a hundred billions. It's huge number it means that you can make a hundred billions a month if you trade daily.
In RL such arbitrage opportunities just don't exists they very quickly discovered and filled by traders until markets turn to equilibrium , in EVE because amount of people willing to invest their time into filling this 3%-5% holes in the markets is actually tiny, it just don't meter that much for a majority of players to be an EVE trillioner |
Tsibelman
Garoun Investment Bank Gallente Federation
1
|
Posted - 2013.12.19 08:51:00 -
[2] - Quote
Vaerah Vahrokha wrote:
And that's my (and Warren Buffet, probably) point. That confusing randomness with chaotic is not useful. Randomness means somebody can't approach the markets. Markets are MADE for people to meet in them. Implying price can't be used to make a profit would make people wonder why they'd trade in a market at all. Being chaotic, on the other side, means that price acts as random but only "locally", one can filter out that "noise" and reveal the underlying trends and use them to make a profit.
Whenever I draw a trend line, all I do is to apply a low pass filter against "noise" (which is not really noise, but let's skip this step).
You using terms wile you don't understand their meaning, Chaotic is scientific terms that means that a slight change in starting conditions leading to large and very hard to predict change in behavior.
Markets are made to fulfill the needs of seller and buyer not for making of profits by techno traders like yourself, in commodity markets like EVE or RL you have 2 forces in play , supply and demand plus expectation of future supply and demand, when you follow a trend you just assuming that in the short term expectation of supply and demand will go in the same direction tomorrow like they did yesterday, It not particularly smart strategy, it just like predicting a weather by assuming that weather of tomorrow will move into direction that weather of today and yesterday moved, this assumption is basically flowed.
It the reason why in the long run all RL traders do not achieve above market returns on their investment. |