Market Discussions

I've just returned to EVE online after my pc had decided to inconveniently asplode on me, at the time I was beginning to learn the basics of trading and was making nice amounts of ISK I believe for what my abilities were. While I was offline I was thinking that it would be useful to have a web of experienced traders who could offer advice for me now while I'm a noob at trading, and later could discuss strategies in trading and basically whatever else experienced traders might discuss.

I'm currently docked in Jita were I've been station trading and I've currently got 130 million isk which I figure is a good place to start from and get serious with trading. I wouldn't call my self a beginner at trading but because of the time I've spent away I would still say I'm a noob so I'm not looking for the usually 10 tips of trading but someone in game to talk with, even multiple people. Neither am I looking for your trade secrets, As I'm more interested in the way you go about trading, which is another point to mention just because I've said I've been station trading doesn't mean that is all I want to know so if you are make profits through other means such as hauling goods then I would love to hear from you.

Also if anyone else has the same idea I have of building there own network of traders or a web of contacts then this might be a good place for you to do so, also anybody who is new to trading as well (as in fresh of the boat) can feel free to contact me as I'd have no problems talking to people about what I've learned in trading as I'm hoping that some of the more veteran traders here wouldn't mind sharing that with me.

Trading, in RL and in Eve is all about knowledge. Good trades are usually a result of knowing something most people don't or spoting and oportunity earlier than anyone else. Because of this basic principal most people will be unwilling to divulge information about there statagies.
There have been many sucessful stratagies in RL trading over the years but as they become more widespread they become less profitable and less worthwile or in some cases countered by other traders to their own advantage.
If you have a secret its best to keep it to yourself if you want it to remain that way, telling just 1 person even a trusted person can result in the secret being revealed to everyone. This is why it's hard to find a group of traders working together in Eve.

Your best bet is to keep your hand close to your chest but your going to need to find that hand first.

Research what people use, what people need, where they need it.
Research who produces stuff, what they need, where the operate.
Research what changes are inline in the game (dev blogs, feed back forums)
Research the all mechanic of the game, everything not just trading. Find out how to be the best miner, best PvPer, best wormhole dweller. Use this information allong side all the information above.
Make direct deals with producers and users, which can save on market taxes and gain better prices by offering more than jita4-4 price. Ie if you find someone who need 100k of of fuel block each month for low/null sec towers, you could contract them to that person on the border of high/low. Saves them the extra travel to jita, cost you virtually nothing to set up a courier contract to get it there. And it guarenteed custom for you saving you the 0.01isk Wars.
Research, research, research and then compile all your finding and try to spot those little gems before anyone else.
Things like knowing wars are about to kick off between big Alliances can help, buy minerals wait for the war to get under way and eventually all those losses need to be replaced so they will increase demand on the minerals.

Trading is all about information.

And its why this is the number 1 statement you will see on investment sites:

"The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This information is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices."

ie we wont tell you what or when to buy or sell, we will give you information so you can decide wether to buy or sell.

what! there is actually space, i though the whole universe was Jita IV - 4

Now I'm not sure who to trust hahahah. Just to clarify a point I have no interest in what it is people are trading, but how. Like how did you know that item, how have you done you're research as well as a whole lot more how's. The amount of information you wish to disclose is completely up to the player, but it is advice that I really seek as I've read a lot of basic and beginner information.

Also throwing it out there would any of you guys mind if I contacted you in game if I had questions on trading? And thank you for some really great info!

[quote=Divaith Just to clarify a point I have no interest in what it is people are trading, but how. Like how did you know that item, how have you done you're research as well as a whole lot more how's. [/quote]


By just trying?

I started again this year and have been away from trading for a few years.Bought crapload in jita , moved to other place and listed it.After a week you see what goes well and what goes not well.From there on change the items you trade and grow the amount of items/isk invested.If you do it in jita same thing , look for good stuff and slowly grow.
Spare time usually is good for browsing the markets a bit to find new gems because the ones you are leeching now will probably be dried up in a day/week/month.Keeping an eye on the stuff you are not selling and the market history tab is essential.


Trade is easy , usually it's keeping your teeth in it the first months that is the tricky part and after that the only way is up.