The challenge: What is cheap and what is expensive? - page 11

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Sta2066:
Start building a "portfolio". Carrots, onions, cabbage, etc... All markets are essentially the same.

We only have potatoes growing, we have to deal with them
but comparing the current price with yesterday's price rather than the number of bars in a period is the right thing to do.

 

Citizen traders :) Let's be serious. You cannot buy potatoes at normal prices but you want to make money on the exchange :)
Pay attention to how the doughboys form their prices, based on what information they do it. Imagine being a doughboy.

 
DmitriyN:

Citizen traders :) Let's be serious. You cannot buy potatoes at normal prices but you want to make money on the exchange :)
Pay attention to how the doughboys form their prices, based on what information they do it. Imagine being a doughboy.

this is serious, the closing price is the latest official price before the next close
the doughboys look at each other today, remember what happened yesterday, and have statistics on different indicators

 
Digamma:

this is serious, the closing price is the latest official price before the next close
doughnuts look at each other today, remember what happened yesterday, and have statistics on different indicators

How they look is also important. Who, on whom :) The most important prices are those of neighbours, aren't they?
 
DmitriyN:
How they look is also important. Who, at whom :) The most important prices are those of your neighbours, aren't they?

yes, first of all who's next door, then there are the nicknames that report

real life example
that's how petrol stations work, they spy on each other and report to their company, so it all adds up

 
sanyooooook:
The best price to sell in the spring to buy in the autumn.


From a logical point of view, this is correct, but the market has surprises like in our case this year, the price of potatoes in spring was cheaper or almost the same as in autumn, because in winter there were problems with storage and they decided to get rid of these very potatoes by all means, while in autumn there were speculatively overpriced.
 
Buying always the same amount of goods (20 units per day) regardless of the amount: with an initial price of $5 per unit and a price range of $1 to $10 per unit, for 10 days $1,100 for 200 units, the average price is $5.5 per unit.
Buying always at the same amount ($100 a day), regardless of quantity: with an initial price of $5 per unit and a price range of $1 to $10 per unit, for 10 days $1,000 for 291 units, the average price is $3.4 per unit.
The second option is far more profitable for the buyer, regardless of whether the price goes up or down. The opposite is true for the seller.
 
DmitriyN:


What would you do? Below what price would you decide to "Buy"?
Or would you maybe use some system when buying potatoes and buy from several broadsides at once?


Buy in the middle of the row - there the price should be less since rent of retail space, and therefore granny costs, which she includes in the price is higher at the beginning and end of the row due to increased demand in these places, because most do not want to spend time on the trips and search for better prices and buys on the edges of the rows. And since we know how many seats to the end - this is a plus))).


 
nesssesary:
How do you imagine the analogy with forex, in this case?
 
DmitriyN:
How do you conceive of the forex analogy, in this case?
The analogy ..... simply concludes - it is not always worth buying where the majority buys, for it tends to buy expensive (at the edges of the series - i.e. at the tops). The trouble is that few people know where those tops are, and if they do, the price distribution will change - and again the majority will buy expensive.
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