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Day trading?

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68476.1
Date: 1/13/2009 4:56:01 AM
Overall Posts Rated:
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i know people say it wrecks the purpose of the game but i just wanna get a little bit of easy money, HOW do I day TRADE???please answer

This Post:
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68476.2 in reply to 68476.1
Date: 1/13/2009 6:20:16 AM
Overall Posts Rated:
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No offense, but could you remotely try to learn the basics of the game first before you want to try and day trade? You'll need a lot of knowledge of the players and the market before you'll be slightly successful at daytrading.

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68476.3 in reply to 68476.1
Date: 1/13/2009 6:45:54 AM
Overall Posts Rated:
959959
buy cheap and sell them again with profit, pretty easy in theory^^

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68476.4 in reply to 68476.3
Date: 1/14/2009 5:06:17 AM
Overall Posts Rated:
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What do you mean sell them again with profit?

This Post:
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68476.5 in reply to 68476.4
Date: 1/14/2009 5:15:21 AM
Overall Posts Rated:
167167
you buy a player (cheap) and than sell him with profit very soon afterwards. (what dont you understand about this explanation?) this is what daytrading is, nothing more and nothing less.

Please dont ask other obvious questions like what is a cheap player etc I am not doing daytrading, but daytrading isnt as easy as it looks or you most likely think. It takes hours and hours and hours looking at ALL the players on the transfer market, knowing for how much players usually sell and than buy players you think are cheap and than sell them for more than you bought them. You need quite a bit money to do this, because you will win sometimes but also loose money sometimes.


This Post:
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68476.6 in reply to 68476.4
Date: 1/14/2009 5:15:47 AM
Overall Posts Rated:
9696
What do you mean sell them again with profit?

if you roughly know the marketprices, you will notice somethimes players are sold a little cheaper than average.
You can try to buy him for this cheaper price, and then relist him for a price a little higher then the average marketprice, but still within the regular prices.

example, say a type of player is regularly sold for prices between 100k and 150k.
Then if you see a player being sold and you can buy him for say 105k, you could relist him for 140k or 150k and hope to sell him.

Note that this is possible only for a limited amount of profit because you are not alowed to sell above regular marketprices. And if someone bids higher than what you know to be a normal price, you need to report this and the GMs will correct the amount you got for the player to a regular amount. If you do not do this, you risk an extra fine, or even a ban in severe cases or repeated cases.

Also when you sell to many players in a short time, the taxes on the sales will be so high that selling a player for 150k which you bought for 100k will actually not give you any profit at all.

So to do this effectively you need to spend a lot of time on the TL to get a good feel of the prices, and you are limited in your actions (which are brought into place to prevent users from playing the game through cheer day trading and not by playing good management).
And as you might figure out, will not be easy at all.

They are not your friends; they dispise you. I am the only one you can count on. Trust me.
This Post:
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68476.7 in reply to 68476.6
Date: 1/14/2009 6:58:12 PM
Overall Posts Rated:
9191
Personally, I say thank goodness they make it so hard to profit this way.The economic and training aspects of this game are excellent as they are, imo, and I dont think this was meant to be a basketball player stock market game (hence all the anti-daytrade elements). There are plenty of stock market type games out there, and they dont really interest me. I wanna play some basketball!

any1 else?

Last edited by Heathcoat at 1/14/2009 7:00:41 PM

From: Sosta

This Post:
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68476.8 in reply to 68476.7
Date: 1/18/2009 10:36:09 AM
Tiptoners
III.14
Overall Posts Rated:
1212
I totally agree with you!!! I could say much more how bad and unfairfor the game daytrading is!!
I came here (apart that I like basketball more and later seeing better elements in BB than Hattrick) from Hattrick because of the Daytrading!!!

And even there they started take some measures about it (not enough IMHO) like you cant sell a player until he has played at least one game. I hope to see that in BB too.

But I will disagree with you in one point. BB does not make it hard to daytrade!!! I see everyday this thing going and ruining the economy and the game play. And people taking UNFAIR ADVANTAGE over the people wanting to play this game as it should be.

And I feel even more sorry about it when I see GMs explaining to new players how to do it instead of discouraging them and show them how the game should really be played.

I am not saying that it should not be a part of the game at all. But it should be restricted in such a way that people who daytrade should NOT get and ADVANTAGE (which they do now) over the people who play and make wins and advance or/and is making training strategies.
I have also have created a list that I record the daytraders!! and its getting bigger and bigger.


In order to do that BB could introduce the following:
1) a player cannot be put in TL more times than the games of his new team that he has played (like now in Hattrick)
2) Any player put in TL and sold with in one week from the day he was bought the player gets only the 50% of the _profit_ that he made (the extra money he took from the price he bought him)
Second week 65%, third 90%, fourth 100%

From: Kukoc

This Post:
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68476.9 in reply to 68476.8
Date: 1/18/2009 11:05:51 AM
Overall Posts Rated:
13361336
Seems to me that you have sold some aswell. Daytrading is based on idiots or new players who buy 2k salary guys for 150-200k. Now if everyone would smarten up the daytraders would be history:) I have one or two of those in my league. I would have never took the risks they take... Some people just like to play the markets, they might burn eventually or keep their fans unhappy. I myself keep my eye out for the cheap ones, but still the kind that in case of emergency they could play for me in some form. Keep in mind that a daytrader who get's stuck with his player for a week or has about 30 players on roster usually pays some of the difference back with weeckly wage, tax on sell and less fans coming to home games because of the constant roster change.

From: CrazyEye

This Post:
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68476.10 in reply to 68476.8
Date: 1/18/2009 11:12:30 AM
Overall Posts Rated:
959959
this game offers different opurtunities to paly that game, it is nothing wrong about to trade players ...

You get some advantage for trading but you also get disadvantage out of it, and with the transfer fee it is difficault i think to make that huge profits.

From: Sosta

This Post:
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68476.11 in reply to 68476.10
Date: 1/18/2009 12:16:11 PM
Tiptoners
III.14
Overall Posts Rated:
1212
Ah yes :-) A recorded Daytrader.

You made about 250,000$ from daytrading just in the last 3 weeks (248,600$) averaging about 80,000$ per week!! And in these profits the 83,400$ profit is form just one player! And this not the heaviest daytrading I ve seen. Far from it.
And you lost from tickets how much? 10k$? 30k$ maximum

Now how one who is playing the game as it should be played (about game strategy, players strategy, training strategy etc) will be able to compete with you while you make at least double profit per week from what he is getting and so you can buy better and more expensive players?

No game strategy can win much better players! And this is an Unfair Advantage!
Maybe we should stop playing games and announce the champion the one who has the most money....

I am all for different opportunities and strategies in a game. But as far as they are balanced and they create equal chances but with just different way. Now you tell what other strategy could bring as much money as Daytrading?? None. Well that is what it makes it Unfair Advantage. Also people want to play this game and use their brain to be competitive and not spend all their day searching the Transfer List and click, click, click the buy and sell buttons just to keep up.
That is another Unfair "Opportunity".

Skills that should be needed to be competitive and to advance should be Strategy (games strategy, roster strategy, training strategy etc) and Management and this is what should be rewarded and not every day selling and buying. This skill could be used in a different game as it was mentioned in a previous post.

And I think IMHO calling this a "game opportunity" would be fair if you would not use it and then acknowledge it as such! I my self MIGHT be forced to use it as well (have not done it yet) just in order to stay competitive with the guys (hm hm) who use this "opportunity". But I will still cry AGAINST it and I will say that this is an unfair advantage and that it should be restricted further more - not eliminated.

And thats why I suggested these restrictions in my post above. So one could use this tactic either as a strategy either because he was in need for but the unfair advantage would be eliminated.

The players who play, win and advance due to brain work, choosing correct strategies and management should be rewarded more (much more) than any other "opportunity" in the game.
That is my feelings for a game that I loved it very fast and its growing.