These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Am I station trading correctly?

Author
Divaith
Skyhawks Security
#1 - 2012-09-26 08:10:25 UTC  |  Edited by: Divaith
I've just gotten back into EVE after finally getting my PC fixed and acquiring the necessary finances to get a membership finally Big smile, I made a station trader alt before I went offline and after selling off some items that were in my inventory found that I had about 60mill or something, after looking at this I have been looking for items since and have been looking at items from the ancient relics and research and manufacture even ships etc, I currently am trying to get rid of some intact power cores that I am hoping to get a nice 50 mill profit from getting me my first 100 mill.

What I wanted to ask is am I doing this right, to be more specific how long can I expect to see greater returns and start bringing in a lot more money, how many orders should I be looking to have open, Should I be going for expensive items that have a large turn over or smaller items that I can do in a larger amount , Should I be in Jita or should I be at a less intense hub to avoid so much competition.

I'm not looking for anybody's trade secrets and I'm not looking for any anybody to walk me through every item in the market. But if anybody could give me any advice of any kind, such as some of the terminology that I've seen here seems to go over my head. Advice on other types of trading as well would be appreciated. advice on certain items types on the market and how they trade, really anything that you can think of or any websites that you can think of that might help a someone learn to be a trader.

Again I would call my self a noob at his hahaha so really anything would be of some help to me at the moment

Also if anybody would like any more detail feel free to message me ingame or here
Daniel Plain
Doomheim
#2 - 2012-09-26 08:35:29 UTC
~100 mil is a good place to start from imo. jita is a good place if you have the time to fight .01 ISK wars. if you are not able or not interested, the other hubs can be profitable, too.
as for items, here are my 2c:
- find a few good items. more than one but less than ten or so
- a good item is one that you can afford to buy in bulk, has a good turnaround and a decent markup (10% or more)
- observe the changes in the prices over the course of the week. some items are worth more on the weekends and the other way around.

I should buy an Ishtar.

Magnu Stormhawk
#3 - 2012-09-26 12:02:35 UTC
You might find some useful information in this thread
Divaith
Skyhawks Security
#4 - 2012-09-27 03:32:26 UTC  |  Edited by: Divaith
Thanks for the advice some of it I've seen before and has re-affirmed it some of it is new to me and I will commit it to memory, I have a question in regards to items, should I be looking towards expensive items that have a large turn over (such as intact power cores but I think they were a bad idea to have a go at Ugh) or should I look more at groups of items with a smaller turn over but a larger amount
Again thanks for the information
corestwo
Goonfleet Investment Banking
#5 - 2012-09-27 05:28:09 UTC
There is no "wrong" so long as you're making money.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo