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Stock Market - Volatility Update

Started by Lt_Wolf [73234] Admin on in Stock Market.

803 replies · 38.7k views · thread synced · 3 days ago · View on torn.com

Posts archived: 804 / 804 posts (100%) · the total is Torn's reply count + the opening post at the last fetch

Lt_Wolf [73234] Admin Staff
Hi everyone,

The flatline will not persist. Volatility will return over a few days.

It is hard to see right now, but there will absolutely still be plenty of opportunity to trade and make money from this system. Trust us that we want this to stay fun and rewarding. We expect it to continue to generate trillions in profit a year from traders.

Again, give it a few days please!
Deatvert [2684760] Officer Officer
Presumably it looks to flatten volatility over a week-month long period so right now the "higher-than-current" volatility from the past week-month before the change tampers down the current "allowed" volatility.

So if, for example, a stock is allowed to have 100 movements totaling an absolutely change of, say, 1.00% in a week (so 100 changes of 0.01%, or 2 changes of 0.50%), the past week of changes that exceed that so it's being artificially dampened by the algorithm now.
RichardV [1103695]
I think a new currency something like a crypto for illicit activities should be explored. Perhaps Crimes 2.0 is a step in that direction?
Maks [2811251] Reporter
I just came to write that you have killed the short term investing, and sucked the fun out of stock trading with these flatlines that we are seeing right now. But then I saw your post.

See you in a few days I guess. I truly hope your are right.
MysteryMeat [2094400]
I don’t understand why they completely killed volatility but plan to increase it slowly over the next few days. What could be the point of that? Not like they could get good enough info on how much money is being made
Wunda [859667]
Deatvert gave a reason that seems plausible above. Ill paste it here:

Presumably it looks to flatten volatility over a week-month long period so right now the "higher-than-current" volatility from the past week-month before the change tampers down the current "allowed" volatility.

So if, for example, a stock is allowed to have 100 movements totaling an absolutely change of, say, 1.00% in a week (so 100 changes of 0.01%, or 2 changes of 0.50%), the past week of changes that
exceed that so it's being artificially dampened by the algorithm now.
Euphoria [1443076] Wiki Contributor
Stock market is perhaps the most important part of the game as 99% of torn progress is hinged on your networth gains

The fact this announcement is hidden in the Stock Market section is beyond laughable, not to mention committee also seem baffled by the change so why even have one if major changes like this are not discussed prior (albeit perhaps they’d have abused the info i guess in retrospect).

I hope for everyone’s stake the flatline isn’t a sign of things to come, or perhaps we should have just stayed at 15 minute ticks like 2.0 originally was.

It’s pretty obvious that literally not one person supports this change, the only motivation of which seems to be to decrease money making abilities? Could mr LT wolf please inform everyone as to the positive changes a decrease volatile market will provide for us players, we can perhaps predict trends of stocks which are hinged on absolutely nothing better because we lose our money at a slower but more constant rate now? This change is potentially as massive a change apart from Crimes and RW since the release of 3.0, some ppl don’t even really check these threads and are probably thinking these flatlines are a bug lol.

Anyways, I hope that the change evens out over coming days, I am not a fan of instantly shitting on updates as that’s pretty status quo, and wasn’t going to comment but the way this has been handled just seems unprofessional given how serious the effects are.
RogerinBrown [2160673]
Will I be locked into TCM on its ass forever thanks to this update? Could we not have set all stocks to their respective yearly average then pressed go?
Pops [1025410]
Some people will read this and draw the conclusion from that statement that their investments will go up. Those people would be wrong.

Stocks seriously need a look into, because using TCSE as a metric is the dumbest shit going when the top 5 stocks in price account for 30% of the price.

Its silly to base decision making on that, especially with the depressors to the market which result in it tanking after investing - so those top 5 stocks can appreciate in value in line with the 10% average but if nobody invests in them and the others are free fall tanking, its all meaningless.

this needs more than an arm-chair assessment done on it, and especially not done on the hoof.