Of Traders

Do you think traders (those who take advantage of mistrades) help or hinder the economy?


  • Total voters
    26
I wouldn't say collecting mistrades makes you a trader. There is a lot more to trading and while you can get a few pretty big mistrades, the vast majority have a profit less than $100,000. Side note. If you like some basic protection against mistrades, then you should try out DocScripts. Specifically View Trades and Create Trade scripts. Available on all major platforms. That's DocScripts. Can be found at your local Github.

 
By default, additional trading is a benefit. There is creation of competition (undercutting) which helps to regulate pricing and keep it lower. Additionally, there is added liquidity in the market by having many large offers on both sides, rather than allowing the offers to get depleted and running into noncompetitive pricing.

 
Traders just take advantage of arbitrage opportunities and I don't see anything inherently wrong with it, so I believe their impact on the game is mostly neutral. That said, some of them manipulate the market to keep prices artificially high when they've stockpiled a lot of a specific resource and while that benefits the handful of other players who are also selling that resource, it hurts the masses who are trying to purchase it. Case in point: certain traders are currently inflating the price of lead by making buy offers several hundred ppu higher than the other buy offers on the market, just to keep the prices high while they sit on stockpiles they wish to liquidate. In that particular type of situation, it hurts most of the game while only benefiting a handful of traders.

 
I say depend on person, usually take it then message the person to ask if mistrade. Of course if it isn’t, could always help others with it 

 
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