Market Discussions

- More items with higher movement
- Update every five minutes by 0.01 ISK
- Welcome to station trading


OR:

- observe market for a month (use graphs too)
- make notes on good movements and peak-times
- and warrior the market during peak-times

ALSO:

- buy in advance
- sell later

I'm out of station trading ideas I would like to share with you

Square loving vending machine is correct too. But that's advanced trading, we don't need more people selling Machariels in bulk

I only know about Jita, but usually it's around 20-30b before people start to plateau. If you're having trouble at 3 or 4, you're doing something(s) wrong.

Also, Ms Coffee has some good advice wrt to doing more research, which is where your effort should always be going once you're over the first few hurdles of station trading. It's a pretty natural progression from finding good markets, to making short term predictions based on cycles, to controlling and manipulating markets, to long term speculation; throughout you are becoming more knowledgeable and learning to trade smarter instead of harder.

4b is plenty, and no-where near the fabled 'soft cap' mentioned by the others (Varius Xeral post for. e.g.) so ignore it its irrelevant to you, its just idiots chest beating/bragging.

Assuming the following:

*You're trading in Jita 4-4.
*You're trading in items, with less than 100m invested (total) per item, enough movement to sell your stack (should it get filled) in 1 day or less
*You're using 1 buy order per item.
*You're going for items with good stable margins.

2 things

1) You can't really update orders once every hour or 2, and expect to get any sort of decent inventory in Jita, its just too quick, the better the margin, the more traders want it. the only inventory you can expect, is immediately after you update your order. other hubs aren't so cruel.

*disclaimer, some items in jita aren't that competitive, but still have the margin* Jita is so fast in some products, it actually takes 2-5 orders, staggered every 30 seconds - 1 minute, and updated on Cooldown (in 5 min cycles) 100% at the keys.

2) The Amount of items you buy depends on movement/volume. If anything, lower your Quantities and find more products. the 1-2 minutes your order is on top in Jita, may net you some stock. if you have 50 orders, thats 50 chances to pick up some stock. (assuming you can;t update any more regularly)

So unless you can find the time to update orders more regularly, this problem of yours isn't going anywhere.

Suggest:
*move to a slower moving trade hub, or,

*Cut back on the "quantity" to save isk, and spread out into new markets., and,

* I NEVER 0.01 isk buy orders, especially on busy items, like guns/missile launchers it takes approx 2 seconds for someone to re-0.01 isk you, with no thought (2 mouse rolls), if you have added 23.62 isk to his price, he has to manually change it, you can easily do it by a good quick few "mouse wheel rolls" and your price is changed by 3 digits, making them think and giving them a greater opportunity to stuff it up, keeping your order on top for those extra precious seconds.

* If at the keys for an hour or more, introduce more orders, and change them more than 5 mins.

Good Luck

Never is a strong word. I quite often work in margins of sub 0.10 isk after fees and taxes. How I love trading trit. I do have some other sub 1% margin items. 0.24% brokers fee helps. At some point I will need a 0.19% brokers fee Jita char.

When trading an item that costs 2m and you make only 100k profit/unit, but the item has a daily volume of 3k-5k, you learn to appreciate small changes.

If I need to fight a 0.01 isker, I just place more orders so I have more to update if they try to fight me.

Except the part that by increasing by larger amount on buy orders you inflate the market.
Yes, some heavy traffic items should be increased by 0.05 or even more, but usually making several buying orders is a smarter strategy to winning the customer.

butterfly effect? duh.

Do you realize that I have answered to OP like 15 posts above?

So updating every 5 minutes is a bad strategy to gather more stock vs updating every hour.
Right...

or did the 0.01 part blew your sox off?

now let me explain why I have added 0.01 -
if you update every buy order by say 15 isk every 5 minutes (say someone beats you by 0.01)
and let's say there are 1000 people like you.
and say they're trading 24/7 on about 300 orders.

that is 38,88 billions of inflation a month. Keep it up.

EDIT: failed at decimal

Your example is rather extreme, remember there is a thing called Volume & sell order volume blocking price spikes

My advice was aimed at the OP keeping his current updating cycle at 1-2 hours. i guess i interpreted it that way, and gave advice using this as a constant. I did this, as its pretty obvious time at the keys = results, see my last Bullet point in my wall of text.

Mousewheeling works for me, so i thought i would share it. No hard feelings.

e:I updated my Wall of text to say "I NEVER 0.01 Isk" to satisfy the min/maxers