Welcome to the Second Life Forums Archive

These forums are CLOSED. Please visit the new forums HERE

A Plus Side to Day trading for LL

Darkness Anubis
Registered User
Join date: 14 Jun 2004
Posts: 1,628
05-27-2006 11:00
I know this will not be a popular idea.

Simply Speaking Day traders are paying a fortune in Lindex fees every day. This has to be something that LL loves.

I know in my case I am looking at about $30+ in just 2 days. Considering I only pay $8 a month in tier thats like 4 months tier income from me but in only 2 days.

Maybe day trading isn't as hideous as people think if it helps LL stabilise their bottom line.
_____________________
Chris Richard
Registered User
Join date: 14 Sep 2005
Posts: 1
05-27-2006 11:16
From: Darkness Anubis
I know this will not be a popular idea.

Simply Speaking Day traders are paying a fortune in Lindex fees every day. This has to be something that LL loves.

I know in my case I am looking at about $30+ in just 2 days. Considering I only pay $8 a month in tier thats like 4 months tier income from me but in only 2 days.

Maybe day trading isn't as hideous as people think if it helps LL stabilise their bottom line.



Yeah, in a nother post I canculated that on their average of $10,000,000 traded a day they make around $800USD every day.
Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
05-27-2006 11:20
From: Darkness Anubis
I know this will not be a popular idea.

Simply Speaking Day traders are paying a fortune in Lindex fees every day. This has to be something that LL loves.

I know in my case I am looking at about $30+ in just 2 days. Considering I only pay $8 a month in tier thats like 4 months tier income from me but in only 2 days.

Maybe day trading isn't as hideous as people think if it helps LL stabilise their bottom line.



Yeah, in another post I calculated that based on the amount f money sold every day (at the time around $10mil L) LL makes about $800 a day. I filled up my limit of $2000USD worth of trading in about 3 days, made about $25 (lost a lot to inflation), and LL made about $77US on that. I'm a free account, but that's more than they would've got even if I had bought an annual premium account.
Seronis Zagato
Verified Resident
Join date: 30 Aug 2005
Posts: 454
05-27-2006 12:23
Hadn't thought of that aspect. If they're making that much from the LindeX trades that can make up for subscription fees and whether its individuals or barons owning the land they get tier no matter what. Enlightening post.