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Creation Of Station Trader Character

Author
EOLOS TRYUA
Mordu's Prime Recon Divison
#1 - 2017-02-12 11:50:03 UTC
Hello everyone, i have some question about creation of trader character;

1) Firstly i read all forum discussions about standings and skill about thar also watched pandemic horde presentation about station trading. After then my first question in my mind what is the first all broker fee's without important trading skills and faction standings? So if i will start without all of them what i have to look how much percentage difference between buy orders and sell orders?

2) Someones saying jita is good place for starting station trading coz competition and fluidity is really good, of course good for money come back and other ones saying other trade hubs good coz competitions slower than jita and we can do more profit from jita. aproxximatively my play time 8 hour around and when i start that bussines i can stay 8 hour on station coz i really like buying and selling somethings. what's ur advice about this idea?

3)When i confused about 2 question immediately i think about which faction standing i have to raise for broker fee's and how can i raise quicker then others? i never do hauling missions can i raise my faction standings like millitary missions? when i start missions do i have to get bad standing for opposite faction or how can i skip that bad situation?

4)Firstly i will crate alpha character and my idea i will do hauling missions until finish alpha charahcter skill limitations and standing farming after then i will get multi acc skill service and i will train charachter untill all trading skill 5-4. is that good idea or can anybody give any better idea from there? i want to my main and trader character inside of one account.

5)My last question what is traders goal percentage of monthly or weekly? i will start around 10 b and when i can say " yes i succeed, and i can do that job.?

Really thx for reading and i really happy for all answer coz i know every new trader will confuse about this questions. i hope answers will help us. Fly safe.
Demolishar
United Aggression
#2 - 2017-02-12 12:54:21 UTC
I didn't read your post but I'll just mention that you should trade out of a citadel and don't bother to train the Broker Relations skill or grind standings.
EOLOS TRYUA
Mordu's Prime Recon Divison
#3 - 2017-02-12 13:14:36 UTC
in my citadel or another ones ? if i will crate citadel, can i secure myself ?
Do Little
Bluenose Trading
#4 - 2017-02-12 13:20:30 UTC
Default brokerage and transaction fees (tax) at an NPC station is 3% and 2% respectively. Person placing the order always pays the brokerage. Person selling the product always pays the transaction fee. Examples:

You place a sell order. You pay both brokerage and tax. Person buying from your order pays neither.
You place a buy order. You pay brokerage, person selling to that buy order pays tax.

Accounting skill reduces the tax by 10% / level. At level 5 tax is 1% and can go no lower.

Broker relations skill reduces brokerage fee by .1 per level. At level 5 it is 2.5%. It can be reduced to 2% by increasing standing with the faction and corporation who own the station you are trading in. For Jita that is Caldari State and Caldari Navy.

Improving standing is easy at first but becomes progressively more difficult because each reward is a percentage of the difference between your current standing and the maximum (10). Example. You run a mission that rewards you with 10% standing increase. If your current standing is: 0 the reward will increase it to 1, if you start at 5 it increases to 5.5, 9 it increases it to 9.1

The Jita market is huge. Whatever you are selling, there will be buyers in Jita. However, the market is very competitive and likely to be frustrating unless you enjoy reducing your price by a few cents every 5 minutes.

Since the Eve markets are cyclical commodity markets, you can also play the cycle. Study the cycle, place buy orders in the bottom half and sell orders in the top half - ignore the .01 game. This requires patience, a lot of capital and an understanding of what could change in the game mechanics or meta game to disrupt the cycle but - if you have the capital, it's a low maintenance way to make a lot of ISK.

In the past, a winning strategy for newer players was interregional trade. Buy stuff in Jita, transport it to one of the secondary hubs and sell at a higher price. The increase in brokerage and taxes with Citadel expansion made this more difficult - you need a substantial spread to break even. For manufacturers like myself who sell in the smaller hubs, this is great - a lot of the competition has gone away but the customers are still there!

You can also do well by placing buy orders at mission hubs and transporting the loot and salvage to Jita for sale but that may not be the kind of trading you had in mind.

Eve is a game. If you are enjoying yourself you are successful.
EOLOS TRYUA
Mordu's Prime Recon Divison
#5 - 2017-02-12 13:51:22 UTC
Do Little wrote:
Default brokerage and transaction fees (tax) at an NPC station is 3% and 2% respectively. Person placing the order always pays the brokerage. Person selling the product always pays the transaction fee. Examples:

You place a sell order. You pay both brokerage and tax. Person buying from your order pays neither.
You place a buy order. You pay brokerage, person selling to that buy order pays tax.

Accounting skill reduces the tax by 10% / level. At level 5 tax is 1% and can go no lower.

Broker relations skill reduces brokerage fee by .1 per level. At level 5 it is 2.5%. It can be reduced to 2% by increasing standing with the faction and corporation who own the station you are trading in. For Jita that is Caldari State and Caldari Navy.

Improving standing is easy at first but becomes progressively more difficult because each reward is a percentage of the difference between your current standing and the maximum (10). Example. You run a mission that rewards you with 10% standing increase. If your current standing is: 0 the reward will increase it to 1, if you start at 5 it increases to 5.5, 9 it increases it to 9.1

The Jita market is huge. Whatever you are selling, there will be buyers in Jita. However, the market is very competitive and likely to be frustrating unless you enjoy reducing your price by a few cents every 5 minutes.

Since the Eve markets are cyclical commodity markets, you can also play the cycle. Study the cycle, place buy orders in the bottom half and sell orders in the top half - ignore the .01 game. This requires patience, a lot of capital and an understanding of what could change in the game mechanics or meta game to disrupt the cycle but - if you have the capital, it's a low maintenance way to make a lot of ISK.

In the past, a winning strategy for newer players was interregional trade. Buy stuff in Jita, transport it to one of the secondary hubs and sell at a higher price. The increase in brokerage and taxes with Citadel expansion made this more difficult - you need a substantial spread to break even. For manufacturers like myself who sell in the smaller hubs, this is great - a lot of the competition has gone away but the customers are still there!

You can also do well by placing buy orders at mission hubs and transporting the loot and salvage to Jita for sale but that may not be the kind of trading you had in mind.

Eve is a game. If you are enjoying yourself you are successful.



Thanks ur all advice sir i noted all of them. actually im just looking for when i earn some billions from wh or relic sites with my main and when i borred two of them, i want raise my isk with relaxable stations. i dont want triollaner but dont want when i earn 2 mil isk spended 10 hour station.