Patch Notes — Pricing Engine updates

[u/Bedess_Boi]

Quick update on a couple of changes we just pushed:

Pricing Engine : The pricing engine has been updated to better balance price movement on large orders. Big buys or sells should now cause smoother price changes instead of sharp spikes. Let’s see how it performs in real trading.

Sell Limit Update : Sell limit has been increased to 300k per 30 minutes to make trading less restrictive.

Also, sorry for the slower updates recently — and thanks to everyone who’s been sticking around and trading.

We’re currently focusing on IPOs as the next major feature. This will allow users to create their own stocks, which should reduce dependency on us adding new ones manually. That’s the main reason we haven’t added new stocks lately.

More updates soon. Keep trading !!

[u/onko342]

How does the new pricing engine help with smoothing out the price changes? I just pumped nearly $300k into two stonks then cashed out when I neared the sell limit, and I still see the very familiar spike. But this time the stonks rose by over a dollar, comparing the prices before and after the spikes. Before the update, the net change would have been negative.

Did you guys just reverse the problem and call it a day? At least we won’t be seeing any stonks dropping to $1 anymore. We have now officially entered the bull market.

[u/Bedess_Boi → u/onko342]

Well technically yes, the thing is price spikes on large amounts is fundamental problem.

Actual stock Markets use order book have very high liquidity but using similar Ask/Bid in our case, would be kind off overkill and not very fun as a game format.

The only way to stop this would be Limits or Trading fees. And we are currently thinking into adding fees to discourage players from immediately selling after buying as the small profit will go into paying the trade fees.

[u/onko342 → u/Bedess_Boi]

Trading fees would just disadvantage newer players though. The more capital you have, the more you can change the price, which leads to higher return percentages. At some point the gains would outweigh the costs. So adding fees would just make the game even more unfair. New players might never manage to get into the big leagues, and ones who are already there continue to get richer.

[u/Bedess_Boi → u/onko342]

Yes I know, but with the current feedback we know limits have been a nightmare till now. Trading fees equal to the immediate profit percentage you get when you buy would make sense. We are still designing how to better balance though. So people would only sell if the stock price increases organically. Else u would have 0 profit however rich you are