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EVE New Citizens Q&A

 
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Expert Trader Advice Wanted!
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Trinity Diamond
Hendrix Angels
#1 - 2011-12-31 11:13:40 UTC
Hi there, i want to start my carrer in Eve as an inspiring trader.

So im lookin for somone experienced (or corp) to guide me on my way to bilions of isk Cool

Should i start with minig?, lend some money,? skill witch skills,? what to trade,? go into hauling,? or manufacture,?,...and so on.

You can also send me a pm so we can meet and talk in-game.

My first goal or should i say challenge is to earn 500mils in the next 90 days to buy a plex Idea


Happy New Year Big smile
Keno Skir
#2 - 2011-12-31 11:16:40 UTC
Add me to your watchlist and we can talk when we're online.

Black Lanterns Blog <- Read my ramblings -.-

250,000 Bonus SP when you start an Alpha Clone HERE <---
Surfin's PlunderBunny
Sebiestor Tribe
Minmatar Republic
#3 - 2011-12-31 18:22:21 UTC
Once you get into a Hulk you can tell me and I'll come over to help Bear

"Little ginger moron" ~David Hasselhoff 

Want to see what Surf is training or how little isk Surf has?  http://eveboard.com/pilot/Surfin%27s_PlunderBunny
Jiji Hamin
Aliastra
Gallente Federation
#4 - 2012-01-03 21:22:08 UTC  |  Edited by: Jiji Hamin
1. find a different way to make isk until you have a big wad of capital. you need isk to make isk. run missions, mine, etc. spend this time learning eve. as warren buffett has always said: you invest in what you understand. if you don't understand the gameplay that drives a market, you don't trade in it. nuff said.

2. get an alt and make them safe from wardecs through an alt corp or npc corp. train up trading skills including margin trading, get this alt into a freighter.

3. get some other alts and get them in big trade hubs. possibly using trial accounts on dummy emails.

4. ???

5. profit

step 4 is where traders are made or broken. the other steps are just completely necessary. until you can do the above, you will do nothing but lose money and/or waste a lot of time.

to quote someone else: "you're either smartest, you're first or you cheat," but in eve you replace "smartest" with hardest working. SO, you either do the grutn work of moving things from where they are cheap (jita) to where they are needed in your freighter, adding value and earning your pay. if you have ltos of isk, some alts and determination you can make a shitload of isk this way. OR, you cheat. Cool OR, you watch the trends and you figure out how a patch or a game event (like a big sov collapse or the popularity of a certain ship in a certain alliance tourny or something) will change things and you respond to that trend or that change in ship balance or whatever first,, before other traders do, and then that same devblog causes a bubble as other, sluggish traders arrive, and then you unload and you make craploads of isk. however, the latter two options (cheating and being first), are more the exception than the rule and unless you are truly devilish you will probably lose a lot by dabbling, so freightering stuff around is the ticket.

PS don't ever massively undersell, ****. also, 1 isk undersell fights will rarely end in your favor, because so many traders use .01 isk undersell bots to autoupdate orders.

PPS despite what many stupid people may claim, sitting in jita and trading on the floor is generally a dead end.
Aurelia Platinum
Garoun Investment Bank
Gallente Federation
#5 - 2012-01-05 10:26:12 UTC
I wouldn't consider myself an 'expert' I am a blinding success given the time I've spent and my start up capital.

Trading falls in my experience into categories.

Short term/ Day traders look for gaps between high and low buy very small amounts and then immediately sell making small profits but trading many different items. I only do that for high gaps and see people doing it for tiny margins and can't imagine doing it myself.

Controllers will nest in an item and control it buying up a large inventory and stemming supplies of that item in order to profit on the price rise they create. (me) I imagine the ISK and items moving like water to the ocean. I create little dams and watch the price rise. You have to know when to stop trying to control the price as if it rises too high you are left with overpriced stuff.

Glacial Traders think in years and months not days weeks. They will wait forever to buy things cheap and sell them high. Guaranteed success high return LONG TIME.

There are many tricks you will learn over time and it is hugely rewarding (not with isk) as you see other players altering their habits based ont he prices you changed and shortages you caused. I very much enjoy watching prices go up and down based on my actions and seeing other players trying to get in on the action I create.

I wish I had more time. I mainly play eve to observe the market and use it as an investment training ground.

I can only use a low level gallente Iteron or whatever they are called... I made lots of isk to start with using my shuttle only. I loved doing that. Using no SP and a shuttle to earn loads.

Happy trading I have to go.