What is the best way to handle the market

[Malachi]

I have a lot of trouble with getting the market prices above their averages(as posted online)
The prices started dropping so low that I made 5 silos and when all of them get filled and all my plort collecters get filled I sell them all that day. My intent was to give the market time to raise, but the prices dont seem to go up much(they even go down) after giving them a few days

any advice on working with the market would help

[Psyringe]

Keep storing your plorts in silos instead of selling them. Monitor the prices on the market, and especially the arrows to the right of the price, which indicate how the price will develop. If the price for a plort type has gone up for a while, and the arrows now indicate that the price will go down in the future, sell all plorts of that type. Don't wait for even better prices, because you would most likely run out of silo space before the price goes back up again.

The market (almost) always warns you before a plort's price goes down, so you should never be in a situation where a price drop surprises you while you have plorts of that type still in storage.

If your silos are full before the prices of any plort peak, build more silos, or sell the plort type with the lowest expected profit margin to make room. Be aware that selling plorts will drop their price.

[Malachi]

Thank you for responding... Yeah thats about I started doing. I just sell tier 2 plorts on the spot and I store tier 3 and above in (now 7) silos. When I didn't watch the market much, everytime I went to look at it some of the changes seemed quite spontainious compared to my selling habits, but now I think I have a better understanding of it. By "warns you" are you refering to the grey flatline it gives you?

[Psyringe]

Originally posted by lynsey.harrington:

By "warns you" are you refering to the grey flatline it gives you?

The grey flatline and the red arrows pointing down.

The red arrows indicate that the price will probably drop the next day, so this is a warning to sell these plorts now, before that happens.

The grey flatline means that the price probably won't change the next day. If it had risen before, then the grey flatline usually indicates a peak, and you'll see red arrows the next day. You _could_ hold off selling the plorts until the red arrows actually appear, but that would only make sense if there's also a chance for prices to rise, stop, and then rise again, and I've never seen that.

From what I saw, the prices change like this:
- Without selling any plorts, prices show a cycle of rising for several days, then falling for several days, and then the cycle repeats (with a chance for a short plateau when the tendency changes)
- When you sell plorts, you will cause that plort's price to drop

Hence the best course of action seems to be to store plorts until the price peaks, then sell all of them while the price is high. This will crash the price for that plort, so you fill the silos again until the price for that plort recovers.

[Malachi]

Do you know if the quanity of plorts sold effects the magnitude of the stocks drop... I understand that its best to sell in bulk, but I was curious if selling 4 plorts makes the same jump as selling 400 plorts

[Psyringe]

Originally posted by lynsey.harrington:

Do you know if the quanity of plorts sold effects the magnitude of the stocks drop... I understand that its best to sell in bulk, but I was curious if selling 4 plorts makes the same jump as selling 400 plorts

I'm afraid I did not research it to that degree. It _would_ be interesting to know, though.

I noticed that selling large quantities can really crash the price (mosaic plorts going down from 110 newbucks to less than 60, if I remember correctly, after selling 1500 of them in a day), and I haven't noticed such drastic changes when selling smaller quantities.

However, selling smaller quantities continuously (which I did before) was worse, it kept the prices of all plorts down and they never had time to recover. The mosaic plorts usually had prices around 35 newbucks while I was doing that.

What I do not know, is the effect of a one-time sale of a small amount of plorts. It might already the price or the trend, or it might not, or it might depend on how many plorts you sell exactly in which time frame. While I was in the "max profit" phase of my game, I did not want to risk destroying a positive trend, since my silos filled up pretty quickly.

[Malachi]

I want to start a new world where I just sleep and do research on the market trends

[Spark]

Hey Malachi_Lynsey I found a great site for you to check prices and predict prices in the future etc. it's https://slimerancher.fandom.com/wiki/Plort_Market

[Elementus]

Originally posted by Sparkio:

Hey Malachi_Lynsey I found a great site for you to check prices and predict prices in the future etc. it's https://slimerancher.fandom.com/wiki/Plort_Market

nice necro