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Station trading frequency
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Dimkin
Algo Industries
#1 - 2016-11-19 19:00:07 UTC
Hey all,
Maybe it's a top secret information but I'm gonna ask you anyway,
I've started to do some station trading, it is written in tutorials that it is a pretty passive income, but as I see it I need to be connected all the time to check price changes and update as fast as I can, and from what I've seem others do the same.

So how frequently should I connect to the prices?
Maybe more frequently at day and less at night?

Thanks!
Forum Toon
Doomheim
#2 - 2016-11-19 19:13:13 UTC
as main profession? I'll say every few minutes.

it's the 0.01 isk game...
Do Little
Bluenose Trading
#3 - 2016-11-19 21:35:50 UTC
A lot will depend on the market you choose and how quickly you want to turn over the product. In Jita, expect to be undercut within a few minutes on a popular item. In the smaller markets I adjust my prices 2 or 3 times a day if I'm in a hurry to sell. If I'm not, I'll pick a price in the upper half of the cycle and let the market come to me. Both techniques work.
voetius
Grundrisse
#4 - 2016-11-19 21:48:09 UTC

There is more than one way to trade. Station trading (as opposed to inter-regional arbitrage) can be active, playing the 0.01 game, or more passive, buying and selling on cycles in the price of an item.

Some items are fairly stable in the range of their prices and move within that range, so you buy at the low point and put them up at the high price and let them sell. I do something like that. It's the lazy way to trade, or one of them. It's entirely up to you how you approach trading. Find a method that you are comfortable with and go with that.
James Zealot
Science and Trade Institute
Caldari State
#5 - 2017-01-01 20:15:21 UTC
voetius wrote:

There is more than one way to trade. Station trading (as opposed to inter-regional arbitrage) can be active, playing the 0.01 game, or more passive, buying and selling on cycles in the price of an item.

Some items are fairly stable in the range of their prices and move within that range, so you buy at the low point and put them up at the high price and let them sell. I do something like that. It's the lazy way to trade, or one of them. It's entirely up to you how you approach trading. Find a method that you are comfortable with and go with that.


Are the ingame item market graphs really reliable for judging the trends? Obviously you have to take game changes into account, but are they reliable enough to make it work well? Kind of like swing trading really?