Vahrokh Vain

  • Home ▼
    • Announcements
    • About
  • Games ▼
    • EvE Online – The best space simulation MMORPG
      • EvE Online resources
        • EvE Online tutorials, links, software and resources
        • EvE software reviews
        • EvE downloads
      • Vaerah Vahrokha’s services
        • Services listing
          • Auditing
          • 3rd Party Service, Collateral Holding, Insurance
        • Public Audits Records (PAR)
        • Vahrokh’s Emergencies Relief Trust
        • VAERT thread on the EvE Online forums
        • VEMEX
          • EvE markets auto-cache downloader
        • Companies
      • EvE and real life finance
        • Price Action Trading Course
        • EvEMarketHistoryDump, an EvE markets OHLC data exporter
        • Importing EvE market data in a RL trading platform
        • EvE Online sample trades
        • Best finance books reviews
    • Istaria
    • World Of Warcraft
  • Downloads
  • Technology ▼
    • Computer
      • Tutorials
        • WordPress
          • W3 Total Cache
    • Software
  • Economy and finance ▼
    • CFTC, Forex and general trading disclaimers
    • Price Action Trading Course
    • Market analysis index
    • Best finance books
Vahrokh Vain > Economy and finance > Securities > Trading > Markets

Markets

24 February 2013 By vahrokh



EvE® logo EvE comes with its own charts. Those are actually a non standard kind of bars. They hold the minimum, maximum and average for the session (a day between two server maintenance down times). Despite they are not standard, a fair amount of information may still be gathered from them. Due to the amount of information presented, it’s strongly suggested to click on the picture to show it zoomed in.

EvE bars


  • Orders bookBid – ask spread: buyers want to buy at the lowest possible price, sellers want to sell at the highest possible price. At the same time, some buyers and sellers either are happy with the price asked by a close counterpart or just give up achieving their goal or have a pressuring need to buy / sell that stock or are just scared by bad news. The exchange (usually through brokers) checks thousands of market orders every second and sees if some of them match. If they do, then a trade happens, and overall stock price rises or drops a bit in the direction of the trade. The exchange may show a so called “orders book” or “market depth view” (in EvE it’s the markets order window) listing a predefined number of the closest orders.


    Bid-Ask spreadEvE orders book

    Other markets don’t come with an orders book, they only show the orders closest to the current price: the buy order(s) immediately below it and the sell order(s) immediately above it.


    Forex orders bookThose orders may be selected basing on several criteria, the most used is for “closest orders to current price”. It’s important to know that price only forms when deals are done. The price difference that separates the lowest sell order(s) from the highest buy order(s) is called bid – ask spread or just spread. Spread plays a major part in traders’ profitability and along with the risk of stop loss and broker’s fees is what makes “coin toss” trading unprofitable. Traders must employ expecially crafted trading methods to give them enough of an “edge” to make up for the natural loss deriving by the above listed factors. A ballpark number for traditional trading methods is 65-75%. Any less than that puts long term profitability in jeopardy.

    Pages: 1 2 3 4 5 6

Filed Under: Trading Tagged With: course, EvE Online, free, market, PASR, price action, trading, tutorial, Vaerah Vahrokha, Vahrokh, video

Advertisment

Comments

  1. Kivorno says

    26 March 2014 at 17:21

    Hi,I’m looking into developing something similar, however how do you get the opening and closing of an item, at present I use a method similar to Element43. I noticed you said the methods could be improved, but I’ve been searching and have been unable to come up with any method on how to extract the data, if you don’t mind, how do you find them out?Thanks,
  2. wykrywacze metalu says

    29 March 2013 at 22:59

    Hi my loved one! I wish to say that this article is awesome, great written and include approximately all important infos. I would like to peer more posts like this .

Follow Vahrokh on:

RSS
Facebook
Twitter
YouTube
Follow by Email

Search

Login

  • Lost Password

Topics

  • Announcements (13)
  • Audit (11)
  • Communications (2)
  • Economy and finance (9)
  • EvE audit (11)
  • EvE Online (18)
  • EvE Online (49)
  • EvE public investment record (12)
  • EvE Vahrokh contract (8)
  • EvE Vahrokh investment (6)
  • Featured (9)
  • Games (24)
  • Market analyses (13)
  • Market mechanics (3)
  • Securities (1)
  • Software (5)
  • Trading (22)
  • W3 Total Cache (1)

History

  • January 2025 (1)
  • October 2015 (1)
  • July 2015 (2)
  • February 2015 (1)
  • January 2015 (3)
  • December 2014 (1)
  • August 2014 (1)
  • April 2014 (2)
  • February 2014 (4)
  • December 2013 (1)
  • November 2013 (6)
  • October 2013 (3)
  • September 2013 (1)
  • August 2013 (5)
  • March 2013 (1)
  • February 2013 (1)
  • November 2012 (1)
  • October 2012 (7)
  • August 2012 (2)
  • July 2012 (1)
  • June 2012 (1)
  • May 2012 (4)
  • April 2012 (2)
  • March 2012 (1)
  • February 2012 (10)
  • December 2011 (3)
  • June 2011 (9)
  • May 2011 (7)
  • April 2011 (1)
  • March 2011 (3)
  • February 2011 (7)
  • January 2011 (2)

English Terms of service, legal notice - Contact or request information Privacy

Italiano Richiesta informazioni / contatto - Privacy

Additional copyright notices and credits for the products, media, names and brands featured on this web site

Copyright © 2008–2025 Vahrokh.com - all rights reserved · Log in