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Stop day trading (thread closed)

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From: brian

To: ned
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9808.31 in reply to 9808.28
Date: 12/12/2007 6:31:51 PM
Overall Posts Rated:
576576
I've not seen a team that's made that many transfers, so that's news to me at least. That does seem annoying and really wouldn't be the ideal plan for becoming successful, but maybe the agent's commission will discourage this.

edit - though annoying, there's nothing wrong with this tactic, as they are just finding undervalued players.

Edited by brianjames (12/12/2007 6:33:27 PM CET)

Last edited by brian at 12/12/2007 6:33:27 PM

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This Post:
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9808.32 in reply to 9808.27
Date: 12/12/2007 6:34:09 PM
Overall Posts Rated:
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That's the difference: you are talking about skill training, where a manager buys a player and trains them, risking a period of several weeks passing (and hence wages to be paid) prior to relisting. In the process, the player is improved.

Daytrading is a different matter, where a manager buys a player cheaply and then relists them at a hugely inflated price. I've seen players on the TL marked up from $100,000 to $1,000,000 by their new daytrading owner. No value is added to the player.

I'm hoping the new transfer sales tax will go a long way to restricting daytrading. I started a thread in the Suggestions forum entitled "Initial Contracts" where I discuss one of the concepts suggested by other people above, along with my objections to daytrading.

This Post:
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9808.33 in reply to 9808.30
Date: 12/12/2007 6:35:45 PM
Overall Posts Rated:
196196
if your team and finances havent evolved for you to compete successfully with other teams then you arent ready to buy the players on your wishlist.

that being so i imagine your training will be compensating for this with your squad increasing in value.

i think that inflation has pushed up prices in the past few weeks but i fear that if as i hope many teams are training efficiently av/resp stats will soon be replaced with resp/strong and will probably sell for similar amounts.

18yo are now 18.5 which is a big difference.

the transfer market is still in its infancy with i guess many spikes (close to cut off to playoffs) and troughs (after cut off!) that will occur every season...

lower your expectations or sacrifice existing players to build up a working capital to copy the day traders and try and outperform this way...

if you are not prepared to do this live with your current decisions and leave others to live with theirs

This Post:
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9808.35 in reply to 9808.25
Date: 12/12/2007 6:38:05 PM
Overall Posts Rated:
8080
There are a bunch of reasons to stop or at least limit day trading. Here are the most imoprtant according to me:

* It makes no sense that players sign contracts if they have a high risk to be traded the day after (and if you introduce something that does not make sense you should have a really good motivation for it and there actually is none)

* A skillfull coach can never ever outplay a skillfull day trader in the long run. Thus it creates an unbalance where economic skills are much more important than tactical skills and after all this is a bball game (or at least marketed as sush)

* Even though trading requires some skill the most important factor for succesful trading is time. People with a lot of time to spend on the transfer market can get major benefits. This goes against the basic idea of BB (or at least what is marketed as a basic idea) of not needing to login too much while still being able to be succesful (if you are good enough)

This Post:
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9808.37 in reply to 9808.36
Date: 12/12/2007 6:55:05 PM
Overall Posts Rated:
8080
What you say sounds good, and basically it makes some sense. But, Hattrick has proofen what happens if you allow unlimited daytradig i a game like this. They still have some problem in this area, even though it isn't even close to the DT problems a couple of years ago.

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9808.38 in reply to 9808.33
Date: 12/12/2007 6:57:24 PM
Overall Posts Rated:
137137
So what will the cost/tax be on selling players after the ASG?

Steve

This Post:
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9808.39 in reply to 9808.38
Date: 12/12/2007 6:59:26 PM
Overall Posts Rated:
196196
and will the rules only apply to players bought after the rule change or also to new players acquired in the past?

From: ned

This Post:
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9808.40 in reply to 9808.36
Date: 12/12/2007 6:59:29 PM
Freccia Azzurra
IV.18
Overall Posts Rated:
823823
Second Team:
Slaytanic
I simply answer you that in my opinion doesn't exist a player understimate but there are a lot of newbies that buy players at fool prices (going in bankrupcy after some weeks). The market could be in balance also if I buy for 1k and sell for 1k, is not important to receive 800k if I've to spend 900k the day after because there is inflaction due to the day traders. All your opinion is based that there are players understimates, but how you can say which is the real market value? I can only see people that trying to realise profit selling with more price; finally I say that all this money don't give me a benefit and you'll see that when the skills will become more important you'll never find a player because they will pick up all the best players.

1990-2022 Stalinorgel - https://www.youtube.com/watch?v=pV-Xppl6h8Et
This Post:
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9808.41 in reply to 9808.38
Date: 12/12/2007 7:00:50 PM
Overall Posts Rated:
303303
A lot. In fact, it'll be your 1st born.

Seriously, this is from the News item:

8) We will institute an agent's commission on transfers, with the commission decreasing for players who have been with their current team for a longer time. The rate table will always be published, but will vary regularly, as it is one of the ways we will try to regulate the economy and prevent massive inflation or deflation.

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