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Market Discussions

 
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Starting with trading
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dhunpael
#1 - 2014-10-09 08:56:17 UTC
Hey,

I've got an question, what's the best way to start trading?
I've seen a few video's on youtube and i've looked at the market but i can't seem to find the right stuff to trade..

can anyone give me a few pointers?
Tij Lamor
Doomheim
#2 - 2014-10-09 10:54:27 UTC  |  Edited by: Tij Lamor
Try using the Eve Central Trade Tool https://eve-central.com/tradetool/
Restrict the results to your current region so you can confirm the trades using the in game market tool.
Eve Central is sometimes several hours out of date so inter region trades are risky but can be very profitable if you have some way to confirm the opportunity still exists.


Make sure you allow for brokerage and taxes. The trade tool does not take these into account when calculating profit!
dhunpael
#3 - 2014-10-09 11:10:41 UTC
thank you, i'll take a look at it
Jace Sarice
#4 - 2014-10-09 15:29:10 UTC
Get the basics down. Then start looking for more advanced guides.
Miggins UK
Ironforge Commerce Guild
#5 - 2014-10-15 20:26:53 UTC
Read how others do it from their blogs, a list of which can be found at Eve Business Blogs
Nathan Shavit
Shavit Risk Management
#6 - 2014-10-26 22:06:13 UTC  |  Edited by: Nathan Shavit
Trial and error is an imporant part of the road to success. Dare to try and keep that which works well for you.

Are you planning to move goods from one region to another or are you more interested in station trading?

There is no problem an air strike cannot solve.
dhunpael
#7 - 2014-10-27 09:38:50 UTC
Nathan Shavit wrote:
Trial and error is an imporant part of the road to success. Dare to try and keep that which works well for you.

Are you planning to move goods from one region to another or are you more interested in station trading?



i'll be looking at station trading
Alcaine Elias
Doomheim
#8 - 2014-12-06 14:09:12 UTC
dhunpael wrote:
Nathan Shavit wrote:
Trial and error is an imporant part of the road to success. Dare to try and keep that which works well for you.

Are you planning to move goods from one region to another or are you more interested in station trading?



i'll be looking at station trading

Station trading is definetly worth it. If you search 'station trading' in this forum you'll find a ton of threads. But if you're feeling lazy, just wacht some video's:
https://www.youtube.com/watch?v=2-9nhCCScIw
https://www.youtube.com/watch?v=TbH-JMMFj44
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#9 - 2014-12-06 22:27:05 UTC
Don't put all 20b in 1 basket

expect a loss

Its not a Bot, it's actually a nerd undercutting you every minute - 2 minutes

never undock

@JerryTPepridge
Artemis Scat
Thebes Guild
#10 - 2014-12-06 22:35:10 UTC
Jerry T Pepridge wrote:
Don't put all 20b in 1 basket

expect a loss

Its not a Bot, it's actually a nerd undercutting you every minute - 2 minutes

never undock


The accuracy of this amazes me xD. That awkward moment when you are the one who is the nerd, and have 3-5 orders open so that you constantly stay on top.
goodlady Smith
TheCrazy88s
#11 - 2014-12-07 01:34:46 UTC  |  Edited by: goodlady Smith
my 2c worth - if your starting small i.e. under 2b isk

if you want to trade alot work in jita - its a much faster market, if its a part time thing go for Amarr or Dodixie
look for 20% profit or 200k per item on the items your turning over - if your not making the items do stacks of 20 x2-3 so you can keep on top of the sell orders

t3 components sell well and have nice margins - avoid the guy messing with the prices over the weekend

small faction items seem to have a nice mark up in jita vs other markets (buy from amarr and ship down)

'Arbalest' Rocket Launcher I Caldari Navy Vice Admiral Insignia I Federation Navy Hobgoblin Large 'Solace' Remote Armor Repairer Medium F-S9 Shield all used to have ok margins

use a spreadsheet

observe before trading watch items for a couple of weeks and the trend the prices 1/2 the game is knowing when to buy and when to sell

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles
Sabriz Adoudel
Move along there is nothing here
#12 - 2014-12-07 03:33:20 UTC
What aspects of EVE do you have an uncommon amount of knowledge about?

If, for instance, you've been in Amarr factional warfare and have a wealth of knowledge about Amarr and Minmatar common ship fits, you might be able to use that information to your advantage.

I support the New Order and CODE. alliance. www.minerbumping.com
Skywalker
Dubai Space Falcons
#13 - 2014-12-11 20:52:38 UTC
To start with, buy ammo Jita, sell in mission hubs & warzones.
Reskin ships, sell at profit, in Jita.
SabotNoob
Doomheim
#14 - 2014-12-18 16:37:22 UTC
Skywalker wrote:
To start with, buy ammo Jita, sell in mission hubs & warzones.
Reskin ships, sell at profit, in Jita.


How do you re-skin ships?
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#15 - 2014-12-18 16:58:04 UTC
SabotNoob wrote:
Skywalker wrote:
To start with, buy ammo Jita, sell in mission hubs & warzones.
Reskin ships, sell at profit, in Jita.


How do you re-skin ships?


on the contracts window, search for "police pursuit comet blueprint"

just 1 example, basically you need a ship, + a bpc.

@JerryTPepridge
Skempo Dactyl
Aliastra
Gallente Federation
#16 - 2014-12-18 22:25:37 UTC
Tij Lamor wrote:
Try using the Eve Central Trade Tool https://eve-central.com/tradetool/
Restrict the results to your current region so you can confirm the trades using the in game market tool.
Eve Central is sometimes several hours out of date so inter region trades are risky but can be very profitable if you have some way to confirm the opportunity still exists.


Make sure you allow for brokerage and taxes. The trade tool does not take these into account when calculating profit!


Thank you so much! Knowing this exists has made my life suddenly much easier.

I consider myself still a newbie, considering i don't have the time to dedicate to Eve while I finish up grad school (ironically, focused in business). So I started dabbling in the trade profession knowing I could leave for a few months and come back...and dropped about a billion ISK in to learn the market and its fluctuations. I figured station trading was a good, SAFE way to start -- glad to see my assumption was right. I'll now add Eve Central to my bookmarks :)

As like the OP, I'm appreciating the advice I'm hearing on this thread. Thanks all!