Market Discussions

Patience

Are you buying only from the Amarr trade hub station, or from a few jumps around it too?

I used to put up buy orders at 2 or 3 jumps and collect it all after 5 days or something. Took 30 minutes . Although I was in a viator.

T2 requires waiting for builders to come in with their bulk stuff, so it can be frustrating sometimes.

I tend to make sure there is the volume, and then do test orders to see which ones are regularly dropped into the station.

Also diversify. Doing 10 items with orders for 5 units each is better then 2 items with orders for 25 units each.

That's one thing that I have noticed. I do get some market PvP, in some of the more popular market objects I trade I usually split my orders in two just so that I don't have to wait for the full 5 minutes to have one of my orders on top. But the second point you make, I think you're right. Most of the order fulfillment I get on my buy orders come in 1-3 units at a time. In fact, the one time that the opposite happened, when most of my high value buy orders were completed relatively quickly, (about 70 modules totaling about 110 million) I panicked at the massive influx of inventory and thought that someone was deliberately trying to crash the market.

This.

.01 undercutting isn't just stupid but also very time consuming if you want to make any significant profit from station trading.

Trust me, you can turn a PLEX into 40 bn in less than 4 months if you know how to station trade. However, you won't make profit like that by playing the .01 isk game.

..This just in: station trading via buy highest sell lowest is not profitable.

From the OPs 200m?

Thats not a bad ROI :)

I have only done a bit of market trading a long way back - however it was very profitable when I did. (It was just too boring for me tbh)
The .01 isk game isn't an issue - there is a very simple way around it.

The reason your orders of 'dozens' are slow is that you have made one order for the item. Allowing yourself to be .01 isked for up to 5 min at a time.

Ill assume you have 3 dozen items on one order - You should have say 3 orders for a dozen each.
If someone .01's you. You .01 them back with your 2nd order and so on.

If you have an item that sells in large volumes - split the order into 5-6 separate buys/sells.
In a busy hub - your order will still be in the right place most of the time, increasing your turnover considerably.

The higher turnover will leave you space richer than you would have been doing things with only one order per item.

Don't spread yourself over too many items. Pick a few high turnover/essential ones and deal in those and don't get greedy for the big margin items and you will make a **** tonne just trading on volume. Use the big margin slow selling items as a side thing and don't tie more than 15-20% of your isk up in them.

Once you do this you will see patterns that allow you to know when to bail on a product and how to 'burn' the high margin items for your fast profits (and wrecking everyone elses expected profit margins :) ).

I could go on forever but Im bored of this market stuff already.