Market Discussions

hub to hub trading does work, i did it lazily and turned a 3 bil prof in 1 month.

what i dealt in were t2 modules and faction ammo's.

buying it low (jita) and moving it to other hubs to sell on for around 15-30% profit but did have a few nice items that were turning up to 50% profit.

also when buying make use of the graphs for the items that u are looking at (be aware that there are 2 graphs in the market bar, the normal one that ppl look at that have all the dots and lines etc and there is also one that shows you how many of that item were sold on that day and what the ranges in price are, you can change this via a small drop down in the bottom left corner of the graph window) as it will indicate to you what days those items are selling lower and higher.

take time and analyze the amount sold per day per item, what days are best etc. this way i was able to buy certain items on certain days and bring the profit margins up a few %.

another way to make it easier is to build some of the items that you sell, whether it be t1 or t2 items, you will most often find that you can build those things for a fair bit less than what you pay in buy orders.

Eve Isk Per Hour <<< get this, put ur api in and enjoy. fairly easy to work out and use.

as with your time restraint in hauling, id find a few items that have a solid turn over (> 300 per day) and buy a few days worth of that, i was buying 3 -5 days worth of each item i was selling.

eg. magnetic field stabs were selling 500+ a day where i was trading so i buy 2k units from jita and was paying around 800K p/u and selling for around 950K - 1.1mil p/u depending on the day.

as with all selling u need to get ur trading skills up, accounting and broker relations are invaluable to a trader, any savings on fee's means more prof.

also when selling, dont put huge stacks on, i was doing stacks of 20-50 on the mods, i doesn't hurt as much when u need to change the price for 20-50 compared to 200 where that change is say 10+k p/u

i personally now have multiple chars building t2 mods ammos ships drones etc. thankfully for a good friendship with a full time ganker i have an extensive range of bpo's that i get via his ganking that have propelled me from living under 10bil at any given time to freely handing out isk to corpies, covering corp sov bills etc.

That was all the good stuff, now the unfortunate bad stuff.....

as with station trading, hub to hub selling your always going to have to compete with other people undercutting you etc, i was at a point where i was changing orders every 5 - 10 mins when i was trading and got jack of it pretty quick.

sooo many ppl have taken up station trading as a for of income that the comp is getting crazier.

you need to be prepared for that new person with a big stack coming onto the market and undrcutting prices by a big amount.

with everything dont just station trade, have another char to do missions, join faction war etc. doin a few fun things make the dull thing more bearable.

Initially started buying up low end high volume goods in the noob region my first (biomassed) character was born, turned 70 million into 500-600M isk I cant remember exactly now within 2 weeks.

I eventually moved into station ship trading because I didn't want to pay full price for an Armageddon, so I flipped a few, got one for free within something like 5 hours and thought, wait I can do this again with 5 different kinds of ships. (eventually ending up spending 1 year in Amarr local) before going back and mixing regional trading, with Inter-regional trading and station trading.

Although this strategy is superb, its time consuming when your pitted against the newfound, unoriginal masses of competition which are all pretty convinced they can take over, so I just place buy orders at key price points, knowing exactly where the prices are going to go for each item, I decide to make just a little bit, but I do it without spending more then 4 hours per week (mostly harassing the competition for lols and profit).

Do take my advice OP, Maximum 2 jump buy orders in a system with more then usual attention from the visitors while you keep yourself busy with a 2nd endeavor of any kind.

Also,make special note, be very careful about taking advice from people telling you "WHAT" to invest in, make note of who says what and slowly and patiently figure out who's who and what each individual wants (very often the opposite of what they sing)

This advice has been extremely helpful! Now the last thing I'm wondering - for trading, did you find it easier to plex a trading alt or just on the same char or a different char on the same account?

Think out of the box

The first 20b is the hardest part > Uber isk micro management is needed will you get that within a month or 2.

The bigger your investment pool the more interesting it gets and the easier it will become to make isk

Your trade world exist around 3 words:

Turnover
Profit Margin
Risk


Those 3 words are you bible, you keep them close and you sleep with them.


Think out of the box, copy cat ppl, explore and you see oppertunities everywhere.

i give you the example that made me my first 200b by trading & from there on i got into the patch speculation and made 300% margin on the trade isk in the following 2 years time.

Back in the days when officer modules could only be sold true contracts there was limeted visability on the prices of them. A few people controlled the Reselling Business in it. I was one of them in the early stages. The limited supply depended on drop rates and 0.0 combat politics. Once that understood prices were controllable to a certain degree (& reselling heaven). Market sections where devided and profit marging on more than half the mods varied from 500m to 2-3b isk. Over a period of 2 years i resold more than 1000 officer mods with a avarage profit margin of 20-30 %. Unfortualy that area is now covered by a gazillion market bots and boooring 0.1 isk games but it shows you a little insight of the sandbox. Understand it, by monitoring, keep your eyes open, and think for yourself and everyone can make atleast 50b in 6 months. It is not that hard.

A final advice: Take my bible, and check in which markets (or contracts) where its most applyable


/Hemmo Paskiainen

The market table is invaluable.

It will tell you in a matter of seconds a rough estimate of whether stuff is going to buy or sells, which will tell you whether it is worth trading in something.

The main market page will then tell you how many competitors you have vs how many "Dump and forget" people, and whether a price slump is purely an over-filled buy order, a recent hiccup, or something which is likely to stay for the rest of the day.

For me, it has been mostly this one account. I did have a second account for a while but mostly just used it to scout low sec for me so I could fly an industrail around and pick cheap high end minerals. Then warp to zero came in, got a blockade runner ... didn't see much point in the second account after that.

These responses are super helpful!

Would it be a good idea to take a loan or buy a PLEX to gain capital for investment? As of right now, I only have about 300M invested in station trading, I was wondering what your takes on this are...

In my view, no. Eve is game where you try to make your way, your goals are your own, and the journey is yours. If you buy a plex, then you've just cheated your self out of the experince building your fortune and making your way. Plex and multiple accounts is Eve on easy mode IMO.

There is lots of good advice in this thread.

I would add that there is not one approach. Personally, I mostly station trade though I will sometimes have items couriered in if the margins are right. I also look for wide margins with consistent volume (not high, just trades every day) to generally avoid the .01 isk game. When you have a decent enough bankroll, it is fun to manipulate a market.

Once you get to a billion or so, you can really increase your bankroll by playing my game if you can decipher how not to lose.

Finally, I would add that it's not a bad idea to get a toon in one of the large alliances so you have access to null markets.

I would offer better advice, but for that I would have to charge you lol

Just out of curiosity what kind of RoI should someone be getting when starting out with 400 million? I also just started and have been looking at about a 25% return each week. Just wondering if that is low?