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Basic market to be looking in for a semi-new buyer/seller?

Author
Vito Tattaglia
Deep Core Mining Inc.
Caldari State
#1 - 2012-01-21 04:51:29 UTC
I'm looking to get into trading, however I've been looking over the different markets in game and the best one I could find at the moment is a good investment in Hydrochloric Acid, making 8 million for about 2 hours of hauling. Anything in particular I should be watching, or just random stuff?
clamslayer
Doomheim
#2 - 2012-01-21 05:42:17 UTC
Its simple, buy high, sell low
DelBoy Trades
Trotter Independent Traders.
Stealth Alliance
#3 - 2012-01-21 06:36:28 UTC  |  Edited by: DelBoy Trades
clamslayer wrote:
Its simple, buy high, sell low


Inane responses aside, there are 2 main trading types, intra-station and inter-station trading. Intra-station trading involves never undocking and playing the margins in a single station, inter-station trading is the hauly type (which I assume to which you are referring). I'm not au fait with the hauling game, but the general idea is to find a trade route to run, and don't dead-head. For example, place buy orders in Rens for items that are readily available there but rarer in Jita, and likewise, play buy orders in Jita that are sought after in Rens. After leaving your orders to fill up you can then travel between the two hubs taking items back and forth, never doing a run with an empty cargohold. Stick the items up on sale orders at your destination, and hey presto, you're turning a proift. The same theory can be applied to mission hubs for mission loot/salvage etc. But 8 million for 2 hours hauling doesn't sound great, you'd probably make more doing courier contracts, and you'd certainly make more running missions/ratting.

Damn nature, you scary!

Kagan Storm
Doomheim
#4 - 2012-01-21 12:19:05 UTC
Buy a hauler.

Haul stuff.

Incineration trading is bad.... youll loose everything if i start making your modules cause i can like pumo put 2000 a day. So if i think your t2 is cool i fill your buy orders and setup my sell orders so i get same isk i got for filing your buy order

And i dont care. BearPirateBear Cause manufaturing jobs i deliver are free and you are stuck with a ton of t2 modules that you cant sell nor have isk to buy.

Tried station trading went back to hauler trading. makes more seance faster profit and i dont have to communicate with other 700 people in station.

My ego is the the size of my carriers jump range.

Jorn Isu
Caldari Provisions
Caldari State
#5 - 2012-01-21 19:06:49 UTC
Kagan Storm wrote:
makes more seance

Spooky!
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#6 - 2012-01-22 15:45:14 UTC
clamslayer wrote:
Its simple, buy high, sell low



Might sound counter intuitive, but this is actually accurate.

Your buy order needs to be the highest, for it to get filled.
Your sell order needs to be the lowest, or you won't sell.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Ruvin
Amarr Empire
#7 - 2012-01-23 15:38:35 UTC
hub ---> nulls .
Maybe its to simple but getting a cov ops industrial ship , (prorator for example)
And you have no idea but ppl are willing to pay insane prices for random NEEDED items ...
Im quite new to trading so dont take my words for ultimate truth but its an experience .
Stuff that weight's little and is often used is best .
Nulls have theyre deal of frig roamers , so any respectable pvp'er will fit it best he can , so lots of t2 shiny stuff , which already costs .
Ive readed much stuff and it seemed so hard until i actually tryed it . Then it seems so obvious and simple that im amazed how i couldnt thought of it myself . Anyway best thing to do , is just go an try , doesnt matter how much money you got 10m or 1b , just try see how it works , then there are no limits :)

Opportunities multiply as they are seized.

Mardero
#8 - 2012-01-23 20:02:49 UTC
Ruvin wrote:
hub ---> nulls .
Maybe its to simple but getting a cov ops industrial ship , (prorator for example)
And you have no idea but ppl are willing to pay insane prices for random NEEDED items ...
Im quite new to trading so dont take my words for ultimate truth but its an experience .
Stuff that weight's little and is often used is best .
Nulls have theyre deal of frig roamers , so any respectable pvp'er will fit it best he can , so lots of t2 shiny stuff , which already costs .
Ive readed much stuff and it seemed so hard until i actually tryed it . Then it seems so obvious and simple that im amazed how i couldnt thought of it myself . Anyway best thing to do , is just go an try , doesnt matter how much money you got 10m or 1b , just try see how it works , then there are no limits :)

I am interested in this. What are the null hubs? Pirate faction mission hubs? Do you actually need to talk to corps and make deals?