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eowan the short 
Postmaster   Joined: 03 Jan 2016 Location: UK Status: Offline Points: 937 |
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 Quote Reply  Posted: 24 Mar 2022 at 16:23 |
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You can trade to win; trading for profit is ludicrously easy.
Example:
Right now, the spread on wood in centrum is .21 gp. The spread only needs to be .04 to make profit.
If you put a buy order up at 0.78, then sell at 0.97, you get an easy profit by just flipping wood.
The markets be inefficient, my dude. Go forth and trade.
I won't stop, gotta get forum points somehow. I wanna hit 936 so I get on the top page :P
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This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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| Thirion
Forum Warrior  Joined: 10 Apr 2018 Status: Offline Points: 248 |
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Quote Reply Posted: 24 Mar 2022 at 16:53 |
This is a sandbox MMO game. You set your own goals. Thus winning does not mean you need to make profit with trading. You can make a profit (as Eowan mentioned) - but you can also "win" by not making (much) profit. I trade mostly for ranking points - which means i "win" in the rankings.
There are a lot of different ways to play the game. And a lot of different ways to "win" the game.
Sorry to say this - but to me it seems more and more like you have no idea how Illyriad really works.
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| Sif
Greenhorn   Joined: 10 Apr 2021 Location: Athens Status: Offline Points: 84 |
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Quote Reply Posted: 24 Mar 2022 at 18:44 |
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I won't stop, gotta get forum points somehow. I wanna hit 936 so I get on the top page===>>> this will last forever ???? since i don t reply to your post so why not stop it here . You set your own goals===>>> agree thats what i said Thus winning does not mean you need to make profit with trading===>>> according to wikipedia it does Trader may refer to:
· Merchant, retailer or one who attempts to generally buy wholesale and sell later at a PROFIT |
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| eowan the short
Postmaster Joined: 03 Jan 2016 Location: UK Status: Offline Points: 937 |
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Quote Reply Posted: 24 Mar 2022 at 19:07 |
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How is Profit defined? There are two definitions; financial gain, but also a more generic benefit or advantage. In this case, Thirion's profit is in trade score ranking, rather than financial.
Also, there are three parts to that definition, only one of which refers to profit
[Merchant], [retailer] or [one who attempts to generally buy wholesale and sell later at a profit]
So, he could be a merchant trader or a retail trader, rather than a wholesale trader
Irl, non-profits can be retailers- charity shops for example- so clearly raw financial return isn't necessary.
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This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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| Sif
Greenhorn Joined: 10 Apr 2021 Location: Athens Status: Offline Points: 84 |
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Quote Reply Posted: 24 Mar 2022 at 19:58 |
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i think traders profit for
Wikipedia has a very self expain definition (refers to money i think) if they believe that anyone would doubt them they would say :
Trader may refer to:
· Merchant, retailer or one who attempts to generally buy wholesale and sell later at a PROFIT ( this NOT refer to illyriad trading score increase but to the money) i don t say that people that play for trade score doing something bad ofcource its part of the game trying to rise at the score list and i am sure is chalenging but it is not trading for most people |
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| eowan the short
Postmaster Joined: 03 Jan 2016 Location: UK Status: Offline Points: 937 |
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Quote Reply Posted: 24 Mar 2022 at 20:39 |
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profit
/ˈprɒfɪt/
Learn to pronounce
noun
1.
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
"record pre-tax profits"
2.
advantage; benefit.
Profit can refer either directly to money, or to a generic benefit.
You keep redefining trader, narrowing the definition to suit you. The one true scotsman is alive and well, and it would seem he is a trader.
Edited by eowan the short - 24 Mar 2022 at 20:40 |
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This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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| Sif
Greenhorn Joined: 10 Apr 2021 Location: Athens Status: Offline Points: 84 |
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Quote Reply Posted: 24 Mar 2022 at 21:12 |
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You keep redefining trader,===>>> we was speaking for traders profit which in that case did not suits you........
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| eowan the short
Postmaster Joined: 03 Jan 2016 Location: UK Status: Offline Points: 937 |
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Quote Reply Posted: 24 Mar 2022 at 21:21 |
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Sif, there are 3 components to the definition you have provided
The first is merchant
The second is retailer
The third is one who attempts to generally buy wholesale and sell later at a profit
All of those are types of traders. You only focus on the third one, and now have redefined the third one as:
one who attempts to generally buy wholesale and sell later at a PROFIT ( this NOT refer to illyriad trading score increase but to the money)
So, explain why Thirion isn't a retailer or a merchant.
Explain why only monetary profit applies in the third case.
Edited by eowan the short - 24 Mar 2022 at 21:21 |
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This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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| Sif
Greenhorn Joined: 10 Apr 2021 Location: Athens Status: Offline Points: 84 |
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Quote Reply Posted: 24 Mar 2022 at 22:00 |
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The first is merchant===>>>
http://https://en.wikipedia.org/wiki/Merchant =
A
merchant
is a person who trades in commodities
produced by OTHER people, ....... (so with this is clearly undersandable that when you produce and sale you are not a merchant
)
The second is retailer===>>>
http://https://en.wikipedia.org/wiki/Retail =
A
retailer
purchases goods in large quantities from manufacturers
, directly or through a wholesaler, and then sells in smaller quantities to consumers for a PROFIT
.
....... (so with this is clearly undersandable that when you produce and sale you are not a retailer
) +
....... but there are people doing this in illyriad but still no traders cause the only profit here is the impatient profit which its exist only because its very very small because retailers not doing it for PROFIT as a retailer would but for score . So if the retailers was trying to make serious profit the patiennt of the impatients would rise so their profit will be still small cause even and the impatients see the prices at the centrum .
The third is one who attempts to generally buy
wholesale and sell later at a profit===>>>
http://https://en.wikipedia.org/wiki/Wholesaling =
Wholesaling, the selling of goods in large quantities but at lower prices for selling the goods at a profit. Wholesaling is buying goods in bulk quantity at a
discounted rate and selling to the retailer at a
higher price
( this is clearly undersandable that when the consumere has access to the centrum there will NOT be
discounted rate NOR
higher price
)
So, explain why Thirion isn't a retailer or a merchant.===>>> as he has explain his self he do it for the points
Explain why only monetary profit applies in the third case===>>> there is nothing to explain here its selfexplained
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| eowan the short
Postmaster Joined: 03 Jan 2016 Location: UK Status: Offline Points: 937 |
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Quote Reply Posted: 24 Mar 2022 at 22:12 |
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A merchant is a person who trades in commodities produced by OTHER people
I produce prestige at regular intervals. Thirion buys my prestige and trades with it.
Therefore, by your own definition, he is a trader via the merchant route.
I don't think it is self explained that only monetary profit applies. Explain it for me.
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Sif wrote: