Extended sell & buy price consistency

Yesterday we updated the server to handle the Sell (and Buy) price consistency "over" the maximum protection values of 100%. You can now choose 110% and 105% . What does this mean?

Setting a value higher than 100% (for example 105% or 110%) results in trades with a profit. Please note that if your protection percentage is set too high for too long you risk not selling the card, and therefore not re-buying it at the market value. This may result in a lower than normal inventory rotation and an overall loss in profits. Remember that some cards fall in price and if you don't keep up with the market you may be holding onto the card for too long.

For the original article about price consistency (introduced one year ago), please read here: http://mtgolibrary.blogspot.com/2014/04/price-consistency-feature.html
For the manual, please read here: http://mtgolibrary.blogspot.com/2014/11/control-panel-v4-buysell-consistencey.html

Control Panel v4 - Buy/Sell Consistency - Bot Manual

Buy/sell consistency is a great way to prevent unforeseen price fluctuations. This feature allows you to maintain a certain amount of profit on your cards for x amount of days.  

How it works: 

Buy/sell consistency ensures you make only profitable trades. Your bots won't sell a card cheaper than the price they paid to purchase it. Your bots won't buy a card paying more than the price they sold it.

In this example: 

Selling consistency turned on: Your bot sells a card at 6 tickets for the first 21 days if the actual price goes below 6 tickets then your bot will maintain a 6 Ticket sell price until 21 days are over or the market goes above 6 tickets.

Buying consistency turned on: Your bot buys a card for 6 tickets it will maintain a 6 ticket buy price for 21 days then if the price went to 7 tickets on the 22nd day your buy price would increase to 6.50. 

Real scenario:

Ashiok, Nightmare Weaver in a 3 month period had 2 major spikes

On September 6 2014 Buy price spiked to 9.86 then dropped 8.20 sell price on September 10 2014 with out buy protection You would have bought them at the highest price and lost 1.66 per card purchased. 

Then on October 8 2014 the price jumped from 8.18 buy price to an 11.14 buy price on Oct. 11th, then on Oct. 14th the sell price dropped to 7.825 with out buyer consistency you would have lost  3.31 per card purchased during that spike. 

Continue reading the bot manual...