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Station Trading - Realistic Expectations

Author
Strrog
School of Applied Knowledge
Caldari State
#21 - 2012-07-03 21:14:25 UTC
Does station trading involve random supplier say like from bulk trade, where you don't need to spend time on buy-orders?

Quite often you can get 10-15% margin deal and sell it off the same day.

So making at least 10% profit a day with few bill seems quite realistic, but after that volume wise idk tried it and was rotating very slowly plus ships margins lol sux. I noticed that with like 3 bill you can pretty much cap you orders in terms of turnover trading few times a day, in my case say once a day mostly. ( Dodixie )
Pax Deltari
The Scope
Gallente Federation
#22 - 2012-07-08 06:44:04 UTC
I started trading in Dodixie with 400 mil with a clean alt a little less then a week ago. Now I'm at 1152 mil. The numbers everyone are giving you seem to be really out of sync with mine.
Airto TLA
Acorn's Wonder Bars
#23 - 2012-07-09 19:03:05 UTC
One thing to remember is there is NO PROFIT in station trading only an aggregate loss due to taxes. What I mean by this is the entire market in its entirety loses money, but most of this loss is absorbed by the mission runner/PVPers/manufacturers who buy from sell orders and sell to buy orders. You are make a living off their laziness/lack of trading skills/stupidity.

Because of these facts the more people in your market the smaller the average share each trader gets to keep. In some cases a real shark may be able to make money of his fellow traders.

Wide margins, high volumes is where the money is at, but everyone knows that so your competion is fierce.

Market manipulations can make you a fortune but can lose you one as well if the wrong person sees it to early and beats you over the head for all your profit.

Finding a good oppurtunity getting in and back out before the lemmings blow the margins is the sign of skill.

Keeping an ear to the ground to determine the "real value" the items you trade in is always a good idea.

Luck is everything in the short run, and nothing in the long run, so patience is required.


GL
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