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Interest on debt...

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144179.4 in reply to 144179.3
Date: 5/17/2010 9:29:36 PM
Overall Posts Rated:
237237
Hypothetically speaking, that will depend on how much interest you would get for having money in the bank.

If the returns you get from day trading is still higher than what you get by leaving money in the bank, then obviously day trading will still exist

Conversely, if you can make more money out of interest then it would curb day trading as people will just save up and make more money on top of their money.


But to be clear. I 100% agree too. This idea is never going to work

This Post:
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144179.5 in reply to 144179.4
Date: 5/17/2010 9:34:32 PM
Overall Posts Rated:
112112
I agree its never going to work just sparked a few curious thoughts.

The determining factor comparing the daytrading vs interest would as you said be the expected return but also players would have to consider the risk. All in all I don't think it would diminish the day trading much at all would just modify their day trading schedule to try and get their day trading returns + the interest on Mondays.

This Post:
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144179.6 in reply to 144179.5
Date: 5/17/2010 9:58:39 PM
Overall Posts Rated:
237237
You are correct. Given that interest would be charged at the financial update on Sunday night/Monday morning, teams will just buy players on Monday and immediately gives them 2 chances of listing the player again hoping to recoup all the money back + more by the time Sunday comes by.

Only way to fully curb day trading is to have interest accrued daily rather than weekly (and the return here needs to be greater than what people expect to be able to get for day trading). And we all know this ain't gonna happen

Last edited by Monkeybiz at 5/17/2010 10:00:31 PM

This Post:
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144179.7 in reply to 144179.5
Date: 5/18/2010 4:46:55 AM
Overall Posts Rated:
4040
..or there would be no interest for the money younger than 1 week.

This Post:
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144179.8 in reply to 144179.7
Date: 5/18/2010 4:51:19 AM
Overall Posts Rated:
522522
You could make it that you get interest give to you on the amount of money that was lowest throughout the week. So if you only had 100k in your bank on Tuesday, but you had 3 million at the time of the next financial update, then you only get the interest for the 100k, which is the lowest amount you had during the week.

This Post:
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144179.9 in reply to 144179.8
Date: 5/18/2010 5:57:09 AM
Overall Posts Rated:
4040
Sounds like more simple solution.

But still there isnt anything against - what could develop the strategy to have these 3M in advance and for the rest do daytrading...

But once is the problem defined, the solution seems to be easy. With increased volume of trades, interest decrease (like on percentage transfer fee), because inverstors are nervous or something like that.

Last edited by aigidios at 5/18/2010 5:57:40 AM