Hi
I am not sure you understand why people 0.01isk.
Or appreciate that a bot can be programmed to adjust by the same minimum margins you set?
Your changes would change the game for sure. Bots would adapt, traders would adapt, depending on how narrow margins were implemented station trading might only be viable for those with massive balances and max skills/access to ciradels- often the guy 0.001isking all day is just building a bank roll and strating out, as he/she doesn’t have the capital to wait for markets to move, or they are buildiing stock. Or more ikely. as happened with the recent tax changes, margins would adapt, traders would only trade if it was worth their while so stuff just gets more expensive, because the ‘autistic’ traders literally provide the markets that are not NPC seeded or run but player run
Also I am a trader and an actual autistic,
but only update once or twice a day,
but often by 0.01isk as I want to maintain the margins as I do low volume high margin stuff-
You say:
‘Only get on top, but wouldn’t you come eventually with more creative tricks to compete with your competition who are doing the same thing as you all the time?’
Yes sometimes a more aggressive undercutting strategy is required, but reducing a 160,000,000 item by 0.001 isk or 20 million has the same effect on others- no one is going to avoid undercutting you unless you make a much more significant cut which in many cases eats into your bottom line but does not make your orders fill any faster with less updates because, yes these are markets but they are GAME markets so the psychology is a little different.
The competitive tricks as you put it, what I would call a coherent trading strategy, comes from item choice and market choice as much as pricing- but different traders have different strategies.
(by coherent, I mean there is no point having ten orders open and 0.001isking all day on an item with minimal volume that’s already over traded, or bumping your one order daily on a market so heavily traded that within ten minutes you are order no.33. In the second example you would either a)update more, b)leave market, c) raise price/undercut significantly and wait for market OR… well there are other options you need to think… but most of the time when you do bump 0.01 isk it is just rational).
You do realise that without these people playing the markets there would not be a market for players to right click buy/sell from? They are literally making the market- ‘market makers’.
Yes there are bots, but you need to understand what actual humans are doing with the market and how the market works before you are in a position to spot them
Honestly, market bots are less worrying than ratting bots as far as I am concerned, because they are predictable by necessity and they are ‘PVP’ bots so they can be gamed- as the OP says you can spot them _when you know what you are looking for_and adapt, which they cannot, which at least gives you an edge. This does not apply to ratting bots for instance as they only do PVE.
Its the guy who goes ‘DUR want sell implant quick cant be bothered to update DUR 5 orders selling 130mil, buy is 85mil, Ill put mine up for 120mil and not update again’ of course traders follow, he makes less and is still bottom, and his order sells 5 days later in any case when anyone taking a quick look at the market history knew it would, who it is harder to deal with from a strategic point of view because he is unpredictable, but it is not impossible either.
ALSO re. 3, Elinor and Evernus allow you to auto copy a new price using control/c and preset amount to undercut by either a percentage or set amount, other players use excel with hot keys to copy and whatnot, 100% allowed, how you think I update 150 orders in 45 minutes while chilling with my morning coffee, yes chilling, no yellow face here. Also shows you margin etc.