Skip to main content

TCS: Of Subtle Market Forces

While I was writing about TCS and its management, I remembered a conversation I had at Ren where I told him something that amused me about the market. I had been engaging in a campaign against another persons market in Molden Heath. I had been purposefully undercutting them to the best of my ability in such a way as to leave their over priced stock sitting for long periods of time. I'd been ruthless about it. Cutting my own margins back and filtering stock to the lowest price in the area. When they started to list under me, I had narrowed the margins so tightly that I was snapping up their items under Jita prices and relisting them at a profit to me. Only, I made sure to more the items from their system before relisting them. I was doing all of this just because I didn't approve of their pricing habits to their own corporation/alliance.

It was only after I was filtering through my stocking needs and took note of various undercut prices and felt a bit smug that I realized that market PvP is subtle but I was engaged in it, hip deep.



The two above graphs are for the same item. The top was back in May when I noticed TCS's market pressure. The bottom is the result of the pressure continuing. Almost every single low dip is me selling as prices dip in Jita and I claw prices down further in Molden Heath.


Market PvP is not flashy. Often the only people that know about it are those engaged in the actual struggle. Some observers may notice. Some scavengers may attempt to make a profit out of it. But it is a silent, slow and graceful fight. One composed of prices and pressure. Of decisions and assets. I didn't realize I'd be quite so cold and a bit vicious with the market.

When I started TCS I said that if anything else, I'd improve the area for the residents of Molden Heath. I said that I'd be fine with not making ISK if that was because people were undercutting me. I'd sit on my stock and use it as a pressure point to bring prices down instead of undercutting to fill my wallet.

The philosophy appears to be working. The market is maintaining and it is maintaining itself. I continue to have a solid daily turnover of items. I've settled into my relationship with Sard. Things seem to be going well.

Comments

  1. I KNEW THERE WAS SOMETHING FISHY ABOUT THOSE VOLUMES !

    I'm just a random new trader who was looking through items in order to trade, the light neutron blaster was one of them, the volume traded was insanely high starting at the 13 of july, there's probably one more item on the PvP Merlin fit (Hope I'm not giving away anything) that was working really funny too, I googled "Eve online 13 july" and didn't get anything, little did I know that it was market PvP, really cool post lol. Oh btw the green bars mean volume traded right?

    ReplyDelete

Post a Comment

Popular posts from this blog

Taboo Questions

Let us talk contentious things. What about high sec? When will CCP pay attention to high sec and those that cannot spend their time in dangerous space?  This is somewhat how the day started, sparked by a question from an anonymous poster. Speaking about high sec, in general, is one of the hardest things to do. The amount of emotion wrapped around the topic is staggering. There are people who want to stay in high sec and nothing will make them leave. There are people who want no one to stay in high sec and wish to cripple everything about it. There are people in between, but the two extremes are large and emotional in discussion. My belief is simple. If a player wishes to live in high sec, I do not believe that anything will make them leave that is not their own curiosity. I do not believe that we can beat people out of high sec or destroy it until they go to other areas of space. Sometimes, I think we forget that every player has the option to not log back in. We want them to log

CSMX - Post #20

Summer is here and CCP is very much out of the office. Sion made a good point in wondering why everyone leaves Iceland when it has its best weather. What it means is that all is mostly quiet on the dev blog front. There are some things happening but the dev blogs and news announcements have not yet happened. The skill points were delivered on Tuesday  so yay for unallocated skill points. Over in CSM chat, there has been a lot of back and forth about sov and measuring the impact and success of things so far. I can say that CCP and the CSM are watching it. The pros and cons are coming in pretty hot and heavy. Some are being looked at now. Some have to see how things are going and if and how the direction needs to be tweaked. In my corner, I'm starting to gather things together. The summit is in seven or so weeks. In between then and now I need to gather up my question list and write down a few topics of discussion. I'm starting now because I have personal vacation at the end

And back again

My very slow wormhole adventure continues almost as slowly as I am terminating my island in Animal Crossing.  My class 3 wormhole was not where I wanted to be. I was looking for a class 1 or 2 wormhole. I dropped my probes and with much less confusion scanned another wormhole. I remembered to dscan and collect my probes as I warped to the wormhole. I even remembered to drop a bookmark, wormholes being such good bookmark locations later. My wormhole told me it was a route into low sec. I tilted my head. How circular do our adventures go. Today might be the day to die and that too is okay. That mantra dances in the back of my head these days. Even if someone mocks me, what does that matter? Fattening someone's killboard is their issue not mine. So I jumped through and found myself in Efa in Khanid, tucked on the edge of high sec and null sec. What an interesting little system.  Several connections to high sec. A connection to null sec. This must be quite the traffic system.    I am f