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| 19 Jul 2014 08:44 AM |
put tix and get robux
- LMaD's Yellow Flash - |
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| 19 Jul 2014 08:44 AM |
put all ur R$ 1v1 for tix ????? profit (everyone else) |
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| 19 Jul 2014 08:56 AM |
Have a free snippet from the guide I never found time to finish:
Market orders just "fill" your R$ order by taking whatever available Tix are in the exchange and applying your R$ to those rates (Vice versa for Tix -> R$). A large order like yours will eat up the rates in doing so - and because the TC gives you that estimated amount from only the current TOP rate, you'll actually end up with less money than what it says (It'll take the current top order and give you all of those, then the next, then the next, etc. Currently, it's only 55,992 R$ that differentiate between the current top rate [19.982] and the current lowest viewable rate [20.886] - that's nearly a 5% decrease in the TC's evaluation of what you will receive!)
The bigger your market order, the less you will actually receive.
Interestingly enough, this same principle can be true for Limited orders - if you leave them to the mercy of the TC.
For instance, let's say you have 100,000 R$ and you want to trade them at 20:1 (the current top rate). You put them in, Limited order, for 2M Tix (100,000 x 20 = 2, 000,000). You will get *exactly* that many Tix - no more, no less. Sounds good, but it's actually a bad deal for you - you can get a lot more Tix than that. How, you ask?
When you put in a Limited order, the only way for it to fill is by other users putting in Market orders. Limited orders don't meet other Limited orders, only Market orders can convert them. Because you specified that you wanted 20M tix, the TC will take whatever market orders it is given and use them to fill that order. It locks the initial rate at 20:1 - but not everyone trades Tix in at multiples of 20.
(Here's where the fun starts) If the first user to make a market order on your 20:1 rate puts in 39 Tix, he will only get 1 R$ for it. It doesn't matter that it was *almost* worth 2 R$ at a 20:1 rate, the TC machine will does not round up. It always rounds down to the nearest ratio and applies it. So you ended up getting some Tix on your order at a rate of 39:1. Because the engine will NOT give you any more than 2M Tix TOTAL for all the trades it runs on your order, it now will REDUCE your trade to whatever rate is needed to get you EXACTLY 2M tix. The math of it: 2,0 00,000 Tix - 39 Tix = 1,99 9,961 Tix left to fill 100,0 00 R$ - 1 R$ = 99,999 R$ left to trade 1,99 9,961 / 99,999 = 19.99 981 - this is the new rate.
This is only a small dent in the original rate, but now this dent continually grows. Say the next market order comes in with 34999 Tix: 349 99 / 19.99 981 = 1,749.966 6 R$; TC engine rounds down to 1,749 R$. 1,99 9,961 - 34,999 = 1,96 4,962 Tix left to fill 99,9 99 - 1,749 = 98,25 0 R$ left to trade 1,964 962 / 98,250 = 19.99 961 - this is the new rate.
If the TC keeps working, your rate can easily be whittled down to hundredths below your original rate - your last few trades may even be at rates near 13:1!
If, however, you kept the rate at 20:1 by cancelling and re-entering the Limited order each time the rate dropped: (Using first illustration) Tix recieved = 39 R$ left = 99,99 9 99,9 99 x 20 = 1,9 99,980 Tix requested at 20:1 1,9 99,980 = 39 = 2,0 00,019 Tix total.
That's a teeny-tiny profit, yes, but it's also unrealistic that you could even be fast enough to cancel and re-enter every time a trade goes through. My ideal is to cancel and re-enter every time it drops between 50-200 thousandths (i.e. 19.95 0:1 - 19.7:1). It tallies up - you could easily get closer to 2.3-2.5M Tix if you trade this way |
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