Market Discussions

Heyo.

So I've been trying to get into station trading for a long time now, but I've never been able to really make a decent amount of isk off of it, like 10 mill over the course of 3 months which is hardly anything. I have about 300 mill in capital and would like someone to explain to me HOW to make an actual decent amount of isk off of it. (I hear people can make 200 mill on a bad day somehow off of it). Do I need more capital? Do I need to invest in more things? Would really love some help. Thx!

It's really quite simple, find a market niche with a good flow of items and at least 5% increase from buy to sell orders.
I started eve around 2 1/2 weeks ago with 10m a friend gave me in the course of 2 weeks i turned that into 500m and bought my first PLEX.

I had a rough time starting but once I found an area and focused my time there the money started flowing in in the last 2 days I brought in over 100m a day.

The best advice is just scroll through the item in the market and look at their price history items that have moderate to high volumes and room to make a profit are where you want to start. Another thing is spread your ISK out don't buy more then 1 of an item you want to fill out as many buy and sell orders as you can keeping as little of your ISK liquid as possible, liquid ISK doesn't make more ISK.

Whats team viewer?

Syds Sinclair got with me and showed me a ton of things I didn't know before, thx a bunch

I would highly recommend going and having a look at the trading section on the EVE Uni wiki http://wiki.eveuniversity.org/Trading#Station_Trading

Great advice for starting off. The impromptu guide is pretty good (it's an audio guide on soundcloud but I prefer that rather than pages of technical information), and the Bullwoth Burger method for identifying items to trade is a good model to start from.

Also a few pieces of advice I learned the hard way:

- Update your buy orders more often than your sell
- Remember you're in it for the long game. What you do on the market may not necessarily make you a lot of money there and then, but small amounts over a period of time on each order, which adds up.
- Get yourself some sort of trading program (EVE Mentat, EVE Stats etc)*
- Limit how often you let yourself look at your orders. I actually felt I was doing much better when I limited myself to updating orders just twice a day, over breakfast and in the evening. Otherwise I just sat there 0.01 grinding and got pretty frustrated. Well. Applies to Jita at least. It's all about the maximum output for the minimum input. You start to get diminishing returns pretty quickly.

*(Other quality market programs are available.)