Comments on: The Revenue Review – Trade Analysis http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=the-revenue-review-trade-analysis Mon, 06 Feb 2012 14:20:38 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Dan http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/#comment-3323 Dan Fri, 13 Aug 2010 19:36:56 +0000 http://doublingseason.com/?p=1114#comment-3323 Yeah, sounds like you're doing all the right things. Guess I'm just a little jealous :-) Again, great article. I just found out about this site and will be coming back frequently. Yeah, sounds like you're doing all the right things. Guess I'm just a little jealous :-) Again, great article. I just found out about this site and will be coming back frequently.

]]> By: Corbin Hosler http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/#comment-3322 Corbin Hosler Thu, 12 Aug 2010 13:06:05 +0000 http://doublingseason.com/?p=1114#comment-3322 @Dan Thanks for the feedback, I understand your point entirely. I have a little barometer in my head that triggers my conscience when making trades. One metric I've used by other writers regarding trading is that if their margin approaches 100% (that is, if their cards are worth more than double yours) then something needs to be said. Personally, I set that bar at about 50%. If I'm making more than 50% margin on a trade and I think my partner doesn't understand the value of the cards involved, I feel obligated to say something. That something is usually along the lines of "This trade isn't really fair to you, why don't you pull a few more things," rather than "this trade is X dollars off," because pricing is entirely subjective. On the other hand, if my partner wants to set dollar values to cards, I have no problem with that either. I don't need to shy away from prices, either I'm going to make a certain margin on a trade or I won't make it. I leave all the decisions regarding how we're going to trade to my partner, rather than being aggressive and telling them how it's going to go down. I certainly don't want to see a trader's stock dwindle to nothing, but if he makes those trades with sufficient knowledge of what he's doing, it's really beyond my control. It's not my responsibility to watch over every trade they make, I can only offer assistance if they ask for it. I tell my trading partners that their trades will end up in an online column, so it's certainly not like I'm hiding the values of anything that occurs. @Dan
Thanks for the feedback, I understand your point entirely. I have a little barometer in my head that triggers my conscience when making trades. One metric I've used by other writers regarding trading is that if their margin approaches 100% (that is, if their cards are worth more than double yours) then something needs to be said.

Personally, I set that bar at about 50%. If I'm making more than 50% margin on a trade and I think my partner doesn't understand the value of the cards involved, I feel obligated to say something. That something is usually along the lines of "This trade isn't really fair to you, why don't you pull a few more things," rather than "this trade is X dollars off," because pricing is entirely subjective.

On the other hand, if my partner wants to set dollar values to cards, I have no problem with that either. I don't need to shy away from prices, either I'm going to make a certain margin on a trade or I won't make it. I leave all the decisions regarding how we're going to trade to my partner, rather than being aggressive and telling them how it's going to go down.

I certainly don't want to see a trader's stock dwindle to nothing, but if he makes those trades with sufficient knowledge of what he's doing, it's really beyond my control. It's not my responsibility to watch over every trade they make, I can only offer assistance if they ask for it. I tell my trading partners that their trades will end up in an online column, so it's certainly not like I'm hiding the values of anything that occurs.

]]> By: Dan http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/#comment-3321 Dan Thu, 12 Aug 2010 08:21:09 +0000 http://doublingseason.com/?p=1114#comment-3321 I don't have any problem with what you're doing and I'm trying to do it myself. However, value wise, a few of your trades are completely lopsided. Yes, I see what you're saying about how people value cards differently, but at the end of the day, they just lost a lot of their trading power. In the future, they will not be able to make trades as easily to continue their happiness because they are constantly loosing value. Eventually, their entire binder will be their 'casual' cards that they value so highly but that they can't trade to anyone. I'm all for making profitable trades, but if I'm getting over $10 of value on a trade, something should be amended. While your mannerisms with those players were impeccable, if they were to go check the price value of the trade, would they not be upset? I think I am a little to personally involved to make a valid argument since this is why my collection dwindled so much when I got back into the game in 2002. I had a bunch of dual lands and other older staples but none of the new 'in' cards of the Odyessy/Onslaught era. I got taken for a huge ride simply because I valued the new cards much higher than I should have because I didn't know about the way the market flowed with new sets. Don't get me wrong, this article was AMAZING and the most detailed explanation of trading for value that I've seen. But, something strikes me as 'off' about getting SO MUCH value in each trade. I don't have any problem with what you're doing and I'm trying to do it myself. However, value wise, a few of your trades are completely lopsided. Yes, I see what you're saying about how people value cards differently, but at the end of the day, they just lost a lot of their trading power. In the future, they will not be able to make trades as easily to continue their happiness because they are constantly loosing value. Eventually, their entire binder will be their 'casual' cards that they value so highly but that they can't trade to anyone.

I'm all for making profitable trades, but if I'm getting over $10 of value on a trade, something should be amended.

While your mannerisms with those players were impeccable, if they were to go check the price value of the trade, would they not be upset?

I think I am a little to personally involved to make a valid argument since this is why my collection dwindled so much when I got back into the game in 2002. I had a bunch of dual lands and other older staples but none of the new 'in' cards of the Odyessy/Onslaught era. I got taken for a huge ride simply because I valued the new cards much higher than I should have because I didn't know about the way the market flowed with new sets.

Don't get me wrong, this article was AMAZING and the most detailed explanation of trading for value that I've seen. But, something strikes me as 'off' about getting SO MUCH value in each trade.

]]> By: Lucky 18975 http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/#comment-3320 Lucky 18975 Sat, 07 Aug 2010 11:28:13 +0000 http://doublingseason.com/?p=1114#comment-3320 Much like the audience in Mel Brooks' "The Producers," your article left me speechless. You unabashedly listed all you trades in comprehensive detail. Your moxie and masterful mannerisms is a mandate for you to make more money in Magic. Much like the audience in Mel Brooks' "The Producers," your article left me speechless. You unabashedly listed all you trades in comprehensive detail. Your moxie and masterful mannerisms is a mandate for you to make more money in Magic.

]]> By: Aaron M http://www.quietspeculation.com/2010/07/the-revenue-review-trade-analysis/#comment-3319 Aaron M Sun, 25 Jul 2010 19:59:18 +0000 http://doublingseason.com/?p=1114#comment-3319 lol dang I never thought at a single night of FNM one could make so much and I have to admit I have down-traded a little before because of nice people or that I just needed the other card more so. I'll have to try this out at my next FNM :) lol dang I never thought at a single night of FNM one could make so much and I have to admit I have down-traded a little before because of nice people or that I just needed the other card more so. I'll have to try this out at my next FNM :)

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