ecto fluctuation
Manfred
This is going to be a chronicle mostly by me probably, but when I can, i'm going to put down the day of the week and time of day, and the ecto and shard prices at the trader. If anyone wants to help, go ahead, i'll try and compile all the results into a spreadsheet after a couple of weeks.
krammit
Market
WTB: 12K ~ WTS: 12.5K
Trader: 14K
WTB: 12K ~ WTS: 12.5K
Trader: 14K
Hanso
definitly too much favor atm that lowers prices
Manfred
3:00 tuesday: ecto 14k, shard 3.8k
Jetdoc
Any way you can do the spread for us (i.e. what the trader is selling and buying ecto for)?
AncientPC
This thread has some potential. I'll just quote rare material trader prices.
Ectos: 12-15k
Ectos: 12-15k
Manfred
10:00 pm tuesday: ecto is 14k, shards are 4.6k
EDIT: in case people didn't notice, i mean not only to track long-term changes at the trader, but also day to day and hour to hour changes.
Ima be busy analyzing when I figure we have enough data, but anyhow, plz include the time and day when telling everyone the ecto and shard prices at trader. thx.
EDIT: in case people didn't notice, i mean not only to track long-term changes at the trader, but also day to day and hour to hour changes.
Ima be busy analyzing when I figure we have enough data, but anyhow, plz include the time and day when telling everyone the ecto and shard prices at trader. thx.
Manfred
7:00 pm wednesday : ecto 15k, shards 4.1k
Manfred
5:00 thursday, ecto 14k, shards 4k
shogun8218
I noticed your comment about having enough data. You realize that for statistical purposes/calculations, you need hundreds if not thousands of price checks to get a real feel for the data fluctuation. Other than that, it looks to be a fairly simple bell curve problem. Even I should be able to do those equations. Luckily for you, data collection is fairly easy. I hope you have Excel. 
Oh, if you want help with the calculations and/or excel, PM me.
Oh, if you want help with the calculations and/or excel, PM me.
Manfred
I have excel, and I have plenty of time.
I figure 3 weeks at 2 observations a day will get me 1 set of complete data that's good enough to help with day trading.
Then i'll get another set, and another, and just keep going until I have enough to plot long-term rather than short-term cycles. The best way you can help is to post the ecto and shard prices at the trader at random times (close enough to the hour to be rounded though).
oh, and it's 10:00 thursday, 12/1, and prices are still 14k for ecto and 4k for shards.
I figure 3 weeks at 2 observations a day will get me 1 set of complete data that's good enough to help with day trading.
Then i'll get another set, and another, and just keep going until I have enough to plot long-term rather than short-term cycles. The best way you can help is to post the ecto and shard prices at the trader at random times (close enough to the hour to be rounded though).
oh, and it's 10:00 thursday, 12/1, and prices are still 14k for ecto and 4k for shards.
Manfred
6:00 pm friday, 12/2, ecto:15k, shard:3.8k
Blue Steel
Lots of people who play regularly and have played for months and months can tell you immediately what the ecto cycle is (if they want to), but I think you will find that profiting on it (day trading) is not practical compared to other ways to make the money, because an efficient market doesn't exist. You can trade to the material trader, but you have to overcome the "trading gap" spread, and you can trade to other players, but that takes too long to be worth the trouble and is particularly time consuming to do in the volume you would need to really profit.
Manfred
surprisingly, trading for gold in 7 ecto chunks works well...
Anyhow, this is more out of interest than of profit, though cash on the side is always a factor
Actually right now it looks like shards are more profitable to trade in due to larger fluctuations, but maybe not since the demand is less. I haven't tried yet.
Anywho: it's 9:00 same friday, and the prices are still 15k and 3.8k.
Anyhow, this is more out of interest than of profit, though cash on the side is always a factor
Actually right now it looks like shards are more profitable to trade in due to larger fluctuations, but maybe not since the demand is less. I haven't tried yet.
Anywho: it's 9:00 same friday, and the prices are still 15k and 3.8k.
Manfred
11:00 saturday, ecto=14k, shard=3.8k
Manfred
12:00 sunday, 13 and 3.8
Nikki Moonlight
this must be very interesting to do....
AncientPC
When will ectos stop falling? Right now it's 11/8.5 buy/sell to rare material trader?
I just bought a whole bunch of ectos for 10k each, and the other half of my stash was bought at 13k each.
I just bought a whole bunch of ectos for 10k each, and the other half of my stash was bought at 13k each.
Jetdoc
Ahhh...now you know the complications of dealing in commodities versus cold hard cash.
At one time, it used to be gold items and sigils. Then ecto and shards. Now, it seems that more people are moving the sapphires and rubies.
It's the probably for you multi-millionaires...its funny how this game can mirror real life economics...
At one time, it used to be gold items and sigils. Then ecto and shards. Now, it seems that more people are moving the sapphires and rubies.
It's the probably for you multi-millionaires...its funny how this game can mirror real life economics...
AncientPC
But there is no use for rubies and sapphires except speculated demands for chapter 2 fissure armor. Has there been any substance to this speculation?