Market Discussions

It depends on what type of trading you want to do. Margin Trading or Actual Trading(buy here sell there). My experience has mostly been with margin, since actual gets annoying after awhile, so all my advice will be on margin trading.

First thing is train or buy a trading alt. You will want to keep that alt in the trade hub at all times. I would also recommend sticking to Jita, while the margins are slimmer, the volume makes it easy to flip stock. Think quantity of sales over quality.

I wouldn't recommend training margin trading skill. Its neat to have in certain situations but it can back fire, especially if you maximize your capital.

As for what to buy, price, etc. Look though the market and at as many items as you can. When you look at a item make sure to check price history and "Show Table", looking at the graph only gives a basic(visual) overview of that item. Looking at the table will give you a better idea of volume traded and avg. price. Don't worry so much about the Low and High since that will be messed up from time to time due to bad sales.

When trading look for items that have a large volume traded, this will give you a good idea on your rate of return. If it has a very low volume EVEN if it has a good margin, it usually isn't worth it since your money will just be tied up in that sale. High volume with low margins can be very profitable, if you make large enough purchases. However going back to my earlier point personally I will throw in the occasional "shot in the dark" order for low volume high margin items just for the off chance of getting lucky.

Price should be obvious look at what the current buy orders are at and base it off that. However make sure to check avg price since it may be manipulated or someone is trying to force people out of that market.

Quantity is really a personal preference. Though you should take volume into consideration, so making a order for 10000 when the avg daily volume if 100 isn't a good idea. If you do get into large volume orders I would recommend splitting your orders, that way you can keep up with competition when they try and .01isk you. This goes for both buy and sell orders.

Diversify, Diversify, Diversify. Don't put all your eggs in a single basket. Hell don't even stick to one type of item.

Lastly keep up on your orders, check and update a few times a day. One thing to remember is that you don't have to be at the top of the list at all times, being 2nd-3rd on the list isn't always bad and you will just waste isk changing the orders all the time.

That's about all I can think of off the top of my head. Apologies for the unorganized format and pretty much rambling style, quite tired atm.

Yea was tired and forgot to mention that.

With advanced trade-skills you are not forced to stay in the station you are trading at.
Everything can be done remotely if you stay in the same region.

My last student, is doing very well in Dodixie, not a bad hub at all.

Edit part:
If you have no objections, we can discus this via mail or chat, and help you find the strategy that best suits your personality or just teach you what I do, inter regional trade.

as a matter of fact, I regularly take students and seriously teach them what they seek, no trolling, no hidden agenda's, Just quality learning and making new friends along the way.

its always bin free and always will be, all depends on your long term interest on the subject, because one of the most important aspects of being a well diversified merchant is, Patience.

Most items have weekly cycles. For those items, you don't place buy or sell orders based on current prices, but on price they will be later in the week. This requires experience and math.

Ssssssh.

I'd bet that this guy trades in Dodixie and doesn't want more competition.

Rule #22