Market Discussions

Jita is where the competition is fiercest - Updating your orders once every 30 minutes usually isn't going to cut it when you're going up against traders who have split their orders to get multiple orders for a single item, and are checking them every 5 minutes or less besides. Perhaps consider one of the smaller trade hubs if you're not keen on matching such cutthroat competition.

People who make billions a month have billions to invested.

You didnt actually specify what exactly were you doing, but seems like you doin great for starting trader.
20mil a day for 200mil invested isnt bad at all.
Check your orders more frequently, learn the skills, choose items that get activity.

You cant actually see ingame how much isk you got, because you are always re-invest it, use third party tool to see extra details about you operation :)

It is so silly, but every time I see RAW making a visit and posting in here I get a smile on my face :-)
I guess something was better in the past :-P

I won't welcome you back, since I am not counting on you sticking around ;-)

That's very sweet of you!

I have actually decided to stick around for a little bit at least, partly because people keep being so damned nice to me.

If you can consistently make 10% profit, than every 10 days you will double you capital. As long as you keep putting that capital back in.

You have guts trying to jump in to station trading in Jita with only 200M start up capital. The guys that make billions per day are generally making less than 10% profits. That 10% is harder to maintain as your capital goes up.

Keep going and you will be well over a billion in capital before long. 10% of 1 billion is 100 million, there are several Jita traders with trillions in capital. If they could still make a consistent 10% profit they would be pulling in over 100 billion isk per day.

If you want to make billion of isk per day trading, you need 10 times that in capital to work with. You are starting with 200M in capital, give it 6 months, if you can maintain your 10% profits you will be able to make billions before to long. The idea is to trade up to a point where your capital that you invest can consistently make enough profits to cover whatever other activities you want to do.

Say you get up to 10 billion in capital. you can keep working with that same 10 billion to make about 1 billion per day. you can then spend that 1 billion profits and still be able to maintain that income as long as you do not touch that nest egg capital of 10 billion.

Making billions of isk market trading is easy, the hard part is maintaining that 10% profit margin as you capital increases. Most traders eventually reach a point where there capital is high enough they are lucky to make 1% per day. but when that 1% is billions is that so bad? That is when things like market speculation ans manipulation become fun, but only risk what you can afford top lose, just like combat PVP, market PVP can be risky and rewarding.

http://en.wikipedia.org/wiki/Rule_of_72

The lazy trader's method.

10% interest = 1.10

compounded 10 times is 1.1^10 = 2.5937424601

You can do the inverse also.

Say I double my value from 100m to 200m in 30 days. that is a 100% increase, which means 2.

2^(1/30) = 1.02337389199677490985454347065

Which means a 2.337....% daily compound.

Plug it back in. 1.02337^30 = 1.9997718263761386946173988123415 If I used more decimals, I would have had exactly 2 again.

To gain 10% interest in 7 days, you would need to 1.1^(1/7) = 1.0137088562954681190428919195834 or 1.37% daily growth