View Full Version : Stock market prices.
Entropy 12-28-2005, 03:09 AM Hi Luke
I have monitored the stock market prices since it started.
I've noticed that prices on all stocks have plunged to less than half their starting values since the market began. There is a total lose-lose situation here. There is no way to invest and make money apart from capitalizing on the one time positive variations on pricing.
There seems to be a more downward trend than upward trend.
Is anybody else amused by the fact that a guy named "Entropy" complained about a downward trend, or is that just me? :)
The stock changes are driven by the random number generator, so it's hit or miss, and they've all pretty much had bad luck. I just bought some Geo stock a little while ago and have seen a 28.49% return, so I'm pretty pleased so far :D
Oh, and now that I say that, the stock just lost 60% in 1 update... that's not cool. :(
Entropy 12-28-2005, 03:20 AM Is anybody else amused by the fact that a guy named "Entropy" complained about a downward trend, or is that just me? :)
The stock changes are driven by the random number generator, so it's hit or miss, and they've all pretty much had bad luck. I just bought some Geo stock a little while ago and have seen a 28.49% return, so I'm pretty pleased so far :D
Hahahahaaa yeah its a strange world ;)
jokosr 12-28-2005, 03:21 AM Oh, and now that I say that, the stock just lost 30% in 1 update... that's not cool. :(
maybe because i had a bunch and sold it just in time to make some good geos.. :D thank you!!
it is just like the real stock market.. YOU ARE TAKING A CHANCE....if you want a sure thing stick with the interest you get from the bank....
Entropy 12-28-2005, 03:23 AM Oh, and now that I say that, the stock just lost 60% in 1 update... that's not cool. :(
Yes thats precisely what I have noticed at times. Dropping more than 30% is fine as long as there are raises of more than 30% in a single update. However if I remember correct, Luke mentioned that the updateds every 5 mins wouldnt rise or drop more than 7% at a time right?
So I believe this qualifies as a bug since the occassional plunge brings down all the prices overall in the long run making investing in the stock market a "downhill" ride... no pun intended. :D
Entropy 12-28-2005, 03:24 AM maybe because i had a bunch and sold it just in time to make some good geos.. :D thank you!!
it is just like the real stock market.. YOU ARE TAKING A CHANCE....if you want a sure thing stick with the interest you get from the bank....
Thats true. but the stock market is moving much more per update than what Luke configured it to be. Thats a bug to me no matter how "real world" that may be.
Entropy 12-28-2005, 03:30 AM FYI, overall market value of stocks have plunged 50% since the stock market began.
From a total starting combined value of $130, we now have a value of $75.
I'd like to wager it will be lower if the system remains the same.
jokosr 12-28-2005, 03:34 AM Thats true. but the stock market is moving much more per update than what Luke configured it to be. Thats a bug to me no matter how "real world" that may be.
i was only keeping stock in for a few 5 minute updates when it went down i got out, when up i stay a little bit longer then got ...chicken i guess......
so maybe it does need some fixing
Entropy 12-28-2005, 03:39 AM i was only keeping stock in for a few 5 minute updates when it went down i got out, when up i stay a little bit longer then got ...chicken i guess......
so maybe it does need some fixing
Yeah, might need some tweaking. As it seems more biased to downward trend than when it first started. No stock seems to bottom out at all... and a few stocks are less than half the value they started with. We're talking $35 stocks which are not struggling to keep above $5.
The only stocks that are consistent are those below $1. All other stocks which were over $10-30 are now at $5 regions. Even Microhard is dropping half its normal value now... considering it started off around $30. Same with googleearth.
Anyway I've monitored sparodically over a 12 hour period to get my statistics.
Entropy 12-28-2005, 04:05 AM One more thing.
Lets assume the stock prices change 8% each time and go up and down each round.
$100 +8% = $108
$108 -8% = $99.36
$99.36 +8% = $107.3088
$107.3088 -8% = $98.724096
We'll have a donward trend as u can see. Eventually all stock prices will go down. This plunge is accelerated if a downward drop % is higher than the next upward gain in prices.
We're on our way to depression guys... :D
shadowdani 12-28-2005, 07:39 AM One more thing.
Lets assume the stock prices change 8% each time and go up and down each round.
$100 +8% = $108
$108 -8% = $99.36
$99.36 +8% = $107.3088
$107.3088 -8% = $98.724096
We'll have a donward trend as u can see. Eventually all stock prices will go down. This plunge is accelerated if a downward drop % is higher than the next upward gain in prices.
We're on our way to depression guys... :D
Actually the algorithm (hm, should i call it so :D ) tries to keep the price always at the same level, so if prices reach a top price they will then fall by 40-70%. Why? Because during my tests, all shares went up to over 100 geos per share, which is of course too expensive...
So this is a fom of price control.
p0wderfinger 12-28-2005, 07:46 AM Is it wise to have a maximum? (or atleast tell people there is one?) You're pretty much guaranteed a pay off if you buy below the max, and wait until it hits the max (determined through observation) and sell, because you know it won't go any higher.
Entropy 12-28-2005, 07:46 AM Actually the algorithm (hm, should i call it so :D ) tries to keep the price always at the same level, so if prices reach a top price they will then fall by 40-70%. Why? Because during my tests, all shares went up to over 100 geos per share, which is of course too expensive...
So this is a fom of price control.
I guess so. Hope the system works fine then... coz according to the stats i collected... market volume (total price of stocks has dropped 50%) since 18 hours ago.
Happy trading guys!
Entropy 12-28-2005, 07:48 AM Is it wise to have a maximum? (or atleast tell people there is one?) You're pretty much guaranteed a pay off if you buy below the max, and wait until it hits the max (determined through observation) and sell, because you know it won't go any higher.
The maximum is dropping as far as I can see... and the shares are reaching new minimums now. Only time will tell.
p0wderfinger 12-28-2005, 08:00 AM Is there anyway to just hook GEwar to the real stock market? Have maybe a few of the more well known companies to trade stocks. Then if you find out your enemy has invested heavily into a company, you pull a corporate scandal and wipe off his starving armies!
MkhitarSparapet 12-28-2005, 09:32 AM Actually the algorithm (hm, should i call it so :D ) tries to keep the price always at the same level, so if prices reach a top price they will then fall by 40-70%. Why? Because during my tests, all shares went up to over 100 geos per share, which is of course too expensive...
So this is a fom of price control.
So if there is a maximum, is there also a minimum since the prices are spiraling down it seems.
ronnielim 12-28-2005, 10:29 AM So if there is a maximum, is there also a minimum since the prices are spiraling down it seems.
i think there is no min.in stocks... it can go to 0.001 or lower...heheh
it gets too low and no trading for a period.. it got suspended,... i think this happens in the real stock markets...
MkhitarSparapet 12-28-2005, 10:50 AM i think there is no min.in stocks... it can go to 0.001 or lower...heheh
it gets too low and no trading for a period.. it got suspended,... i think this happens in the real stock markets...
I am really depressed now. I bought my Linux stock 6 hours ago and now it is down more than 46%. This can't be real. :)
Ok maybe it needs more tweaking.
Shadowdani actually programmed the enormous plunge because it can get too easy.
On the testserver I made over 3000 geos in 24 hours because one kept climbing :p
ronnielim 12-28-2005, 11:09 AM Ok maybe it needs more tweaking.
Shadowdani actually programmed the enormous plunge because it can get too easy.
On the testserver I made over 3000 geos in 24 hours because one kept climbing :p
me make 3k today too... hahahh....
:cool:
i like to give some advise on stocks... thou i not an expert but hope this helps...
Stocks is not a bank.. u dun leave the $ there for a long time to collect interest.
once there is a profit... SELL... unless u are greedy and have insight that it will rise again.
if make little lost... and no confidence it will recover... sell...
shadowdani 12-28-2005, 11:16 AM I tweaked the price changing a bit, positive price changes should be more likely to happen now and last longer, with higher change for positive trends...
ronnielim 12-28-2005, 11:39 AM i got a question... as i did not make the calculations...:D
l make a loss at oil... say -100
so i buy more oil at lower cost....
but the gain/loss show me 0 when i purchase the last oil...
so does the systems really calculate and took away the lost ??? or it just base on the last transaction ??? which the true is i still lost 100 without knowing ...
It's based on the last transaction at the moment.
shadowdani 12-28-2005, 11:45 AM Actually the difference is calculated between price paid and actual price of the shares you own.
The gain/loss is the amount you would have more (or less) in your account if you sell the shares at the current market price...
Actually the difference is calculated between price paid and actual price of the shares you own.
The gain/loss is the amount you would have more (or less) in your account if you sell the shares at the current market price...
Then something is going wrong here on my pc.
I had about 800 geos loss on geostock...bought 1 additional geostock and it said my total loss/gain was 0 again.
I'll look into that again.
*edit: no still the same...no disaster though
Entropy 12-28-2005, 11:57 AM Then something is going wrong here on my pc.
I had about 800 geos loss on geostock...bought 1 additional geostock and it said my total loss/gain was 0 again.
I'll look into that again.
*edit: no still the same...no disaster though
yeah for some reason it resets to 0... providing a minor morale boost till u realize you still have losses. :D
ronnielim 12-28-2005, 12:21 PM all stocks are going UP~~!! yeah.. we will be rich ~~!!
NO time to Make WAR.... it is time to make $$$$
ronnielim 12-29-2005, 03:23 AM Actually the difference is calculated between price paid and actual price of the shares you own.
The gain/loss is the amount you would have more (or less) in your account if you sell the shares at the current market price...
i got a suggestion to this...
can there be another table show the 2nd similar stock we buy....??
below example...
Name Quantity Amount invested
Oil Stoxx 1 500 1,842.50
Oil Stoxx 2 500 1,131.90
dub4u 12-29-2005, 07:03 AM It seems to me, that there is more to the algorithm than what was said in the anouncement. So far, we know prices can change by up to 7.99% and if they get too high, they plunge between 40-70%. If this is all to it, Entropy's calculation is correct, there must be a downward trend because -8% is not the same amount as +8% in consecutive rounds. You said your tests showed an upward trend, hmm, I wonder if your test result was not mere luck at the time.
For the good of the game, I think that in the long run you should MAKE money in the stock market, not lose it. Otherwise there is no point in investing and the feature is useless. After all, there is the risk of losing all of your investments through city loss. Taking this risk should at least be rewarded in the majority of investments.
ronnielim 12-29-2005, 08:49 AM it seems like the stocks are working fine now...
I don't know if somebody mentioned that, but they will always go down even if - = 5% and + = 5%!
An example:
We have 100 GEOs.
+5% = 105
-5% = 99,75
the other way:
100
- 5% = 95
+ 5% = 99,75
That's :(
So... I think the Admin should change this!
Think about it and make it fair, please. :cool:
Entropy 12-29-2005, 09:19 AM Yes, I was the one who brought it up... which is why I started this thread in the first place, you'll find my calculations on the 2nd page of this thread.
The system has been tweaked and it is much fairer now. I'm sure as time goes by the system will be properly balanced once the kinks are worked out.
p0wderfinger 12-29-2005, 09:27 AM I should have played it safe and not gambled with the stock market (atleast not further). Grr, I'm still waiting for my -30% Oil Stoxx to atleast even out so I can sell.
Best to use bank interest until everything is figured out.
Entropy 12-29-2005, 09:41 AM I should have played it safe and not gambled with the stock market (atleast not further). Grr, I'm still waiting for my -30% Oil Stoxx to atleast even out so I can sell.
Best to use bank interest until everything is figured out.
Better than me man...
I invested during the start of the stock market and because of the falling prices, I lose more than half my wealth. So I got to rebuild it. :(
Mythdraug 12-29-2005, 12:34 PM Ok maybe it needs more tweaking.
Shadowdani actually programmed the enormous plunge because it can get too easy.
On the testserver I made over 3000 geos in 24 hours because one kept climbing :p
I made 10000 in 3 minutes in the production. :sealed:
Fortunately for the rest of you I gave it back to Luke and told him how. :evil:
I made 10000 in 3 minutes in the production. :sealed:
Fortunately for the rest of you I gave it back to Luke and told him how. :evil:
hehe yeah there was a pretty big hole in it.
In the overall it seems that about 75% actually gained money.
But you don't hear those here ;) (although I see 2 who made the most and they are in this thread).
We will be tweaking it but a lot has already changed.
Stockmarket is supposed to be a risk ofcourse, just like in real life.
You can win, but you can certainly lose.
defenestrate 12-29-2005, 02:28 PM Over the next couple of days, I'm going to have a spreadsheet with the prices to find any trends.
I'll be updating it every couple of hours, then I'll post the graphs or any interesting things about the numbers.
For me, stock prices drop during the day, and rise at night (when I'm asleep). Odd...it's done that twice in a row.
ronnielim 12-29-2005, 04:10 PM i dun think a chart really help here... unless the programmers set a low limit and a high limit for each stock...but they dun have to tell us what is the value ;) This is make sure that the stocks will not drop below or rise above certain marks... then the tracking may be abit useful...
furthermore... who is going to update yr chart while u are sleeping.. :p real stock markets do close at the end of the day... :D
defenestrate 12-29-2005, 04:22 PM Well, it's more to see if what people are complaining about actually happens.
If there is a continual downward progression...then maybe something should be fixed. If there's a continual upward progression...something should also be done.
If it goes up and down randomly, then it's working.
The spreadsheet/chart isn't particularly scientific...but stock markets do close when I'm sleeping - maybe not worldwide, but locally.
bulletcrazy 12-30-2005, 03:44 AM If there's a continual upward progression...something should also be done.
Shut Up..Shut Up...Shut Up you fool :sealed
Entropy 12-30-2005, 03:55 AM Shut Up..Shut Up...Shut Up you fool :sealed
Lol, u know he's right. I'm all for reasonable success in the stock market. I think it'll take awhile before we find the right blend algorithmn.
defenestrate 12-30-2005, 04:25 AM Hah. Whoops.
:sealed
Yeah, we'll be fine tuning this over the next week or so, its hard to think of everything.. consider it a bonus of beta testing :cool: it wont be happening for much longer, and I dont want to hear whinging when you all stop making billions...
T.
ronnielim 12-31-2005, 11:10 AM Yeah, we'll be fine tuning this over the next week or so, its hard to think of everything.. consider it a bonus of beta testing :cool: it wont be happening for much longer, and I dont want to hear whinging when you all stop making billions...
T.
err....we are earning peanuts now with the 2500 limit.... and it is harder to invest due to the slower increase in the %(never exceed 2%)....
2500x2% = 50geos.... thats hard$$$
soon there will be pple shouting out here again... :mad:
shadowdani 12-31-2005, 11:53 AM i got a question... as i did not make the calculations...:D
l make a loss at oil... say -100
so i buy more oil at lower cost....
but the gain/loss show me 0 when i purchase the last oil...
so does the systems really calculate and took away the lost ??? or it just base on the last transaction ??? which the true is i still lost 100 without knowing ...
This "bug" should be fixed now.
p0wderfinger 12-31-2005, 12:19 PM Damn! I wish I knew about the 2500 limit before I sold my stocks! Oh well, for the better I guess. You know, there never really was a fast way to make money in this game... other than jewelling maybe.
There needs to still be the occaisional erratic stock change.
hhmira 12-31-2005, 07:25 PM Okay guys,
If the share´s price is determined randomicaly, the result will never be random.
You only make money with a huge good luck, in a very short time (like you buy shares, wait for two or three positive changes, and sell immediately).
In middle or long term, you will ALWAYS loose.
The calculation is simple, and was already showed here:
you have 100
you got +5% for 10 times = 162,88
you got -5% for more 10 times = 97,5
you have 100
you got -5% for 10 times = 59,87
you got +5% for more 10 times = 97,5
In the long term, you will ALWAYS loose 2,5%
Unfortunately, it is also not good to use the stock market... :'(
And Since I can´t jewel hunting anymore, I have to satisfy myself only with the 3,75% of the bank interests. :sad
The answer is simple: It's not COMPLETELY random.
It actually seemed and proofed by several members, that you have more chance to win geo's then lose them.
WaywardTraveller 12-31-2005, 07:35 PM Okay guys,
If the share´s price is determined randomicaly, the result will never be random.
You only make money with a huge good luck, in a very short time (like you buy shares, wait for two or three positive changes, and sell immediately).
In middle or long term, you will ALWAYS loose.
The calculation is simple, and was already showed here:
you have 100
you got +5% for 10 times = 162,88
you got -5% for more 10 times = 97,5
you have 100
you got -5% for 10 times = 59,87
you got +5% for more 10 times = 97,5
In the long term, you will ALWAYS loose 2,5%
Unfortunately, it is also not good to use the stock market... :'(
And Since I can´t jewel hunting anymore, I have to satisfy myself only with the 3,75% of the bank interests. :sad
Money is easy to make on the stock market.
Less now, for sure, but the same rules apply. It is not as grievous as you make it out to be. I am yet to lose money at all.
Diversify.
Get used to profits under 10%.
Buy->Sell->Buy->Sell.
Stocks aren't supposed to be _free_ money, or even _easy_ money.
Work at it, and there's lots to be made.
WaywardTraveller 12-31-2005, 07:46 PM I had a response here, I deleted it because I'm an idiot and for some reason thought I'd posted the contents of a PM here that shouldn't have been blah blah...
Maybe a mod can undelete it, cause I can't remember quite what I wrote.
Orion1015 12-31-2005, 07:48 PM I had a response here, I deleted it because I'm an idiot and for some reason thought I'd posted the contents of a PM here that shouldn't have been blah blah...
Maybe a mod can undelete it, cause I can't remember quite what I wrote.
**Undeleted per your request**
WaywardTraveller 12-31-2005, 07:52 PM **Undeleted per your request**
Thanks man, total brain fart there :)
ronnielim 01-06-2006, 05:50 AM With your new investment you would have 2,500 geos invested.
You cannot invest more than 2,500 geos in shares.
hmmm.... cannot invest even at the full 2500 ???
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