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Money makes the world go round.
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Vaako Omaristos

Doomheim

Likes received: 19

#1 - 2014-07-21 14:05:33 UTC

Hi guys,

I am a new trader and i just wanted to put forward so tips.

1)Mistakes.

You will make mistakes. Either its you bought the wrong item or pressed the wrong button you will make them. I recently bought 100,000 Caldari navy issue missiles instead of 10,000. That did cost me quite a bit and it is disheartening but you learn from your mistakes.

2)Opportunities.

One thing i have started to notice are quick sells. like one item selling low in one station and selling for more in the next station. i have noticed this particularly in picking up cheaper items in Sarum Prime and then selling them for more in Amarr.

Keep your eyes open for these types of opportunities you might miss them.

3) Preparation

Initially you will be trading in small amounts until you get some capital. I would recommend skilling for your races basic industrial ship, fit it out with expanded cargo holds and then you can start buying and shipping in bulk. in time you will make billions and i would further recommend skilling for a freighter as you basic ship will only go so far.

4) Diversity

When you get started in trading and making money you will soon realize that there are absolutely bucket loads of ways to make money in EVE.

One of the best ways I have recently discovered is industry. Making modules and ammo are a really great way to make money once you offset the initial cost of the BP and the materials. If you are interested in manufacturing you should also take up mining as well, it will just increase you profits.

I have found that having various income streams is a great way to keep that wallet icon keep on blinking. So mining, manufacturing, quick sells, selling unused equipment will eventually bring in the profits required to make even more ISK

5) Finally

Trading when you start out seems like an insurmountable monster, you might think that you will never make any money, and whilst this guide isn't detailed about the trading system or what to trade, it gives the pointers that i have used to start making some steady returns. I think the most important thing i have learned is that you have to speculate to accu

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

326
Careby Likes received: 326	#2 - 2014-07-21 14:58:51 UTC 1 I'm pretty sure the earliest recorded account of the world going round predates the earliest recorded account of money. Anyway I am skeptical of the premise, because I can't comprehend a mechanism by which money could be used in such a way. And because worlds I believe to be uninhabited and presumably low on cash still seem to spin.

Elizabeth Norn

Nornir Research

Nornir Empire

Likes received: 1,064

#3 - 2014-07-21 19:06:48 UTC

Careby wrote:

I'm pretty sure the earliest recorded account of the world going round predates the earliest recorded account of money. Anyway I am skeptical of the premise, because I can't comprehend a mechanism by which money could be used in such a way. And because worlds I believe to be uninhabited and presumably low on cash still seem to spin.

The world was round far before money was invented.

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