Is market speculation allowed?

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Guest

Is market speculation allowed?

Post by Guest » 22.08.2008, 06:56

Market speculation is fun, especially the Power market.
What I did for my spare money (below 100k, not much) after setup my 24hours productions and expansions, I speculate a bit in Power market.

I just buy the cheapest power that 0.03c cheaper than the second cheapest, and sell back to market at price of 3rd or 4th place.
For example: Power cheapest now is 0.18c, and the second cheapest is 0.22c, 3rd cheapest is 0.23c, 4th cheapest is 0.24c and just ignore the rest.
So i will buy all or partially 0.18c power and sell back to market at 0.22c.
So i get few thousand in few clicks. If this repeat few times, It is possible to get 100k++ profit daily. It is not stable profit I know. But it is fun. If I am lucky, I can even use this money to buy another power plant :D

But, I wonder is this kind of market speculation allowed in kapilands? I just do it with my spare money which cannot produce and expand any in the moment.



I am new Power Producer in Realm 1. My company name is KapiCattle, but I did nothing with Cattle. Just imagine it is just a power plant operated by cattle :D

Guest

Post by Guest » 22.08.2008, 09:51

Yep. You can go ahead and speculate all you want.

Guest

Post by Guest » 22.08.2008, 09:57

Dam! another power producer i have to tend with :lol: well welcome anyway, im Power inc. i produce power as well, and i also buy up smaller offer (0-25millioncaps worth may no be small to you but) and then sell that power with the power that i produced. And sometimes if their is say 1billion power for 0.19 and the rest is at 0.2 i still buy it even though im losing a bit of money, because i want the keep the price around 0.22

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