User:Telorian shoran/Trading

this is to write down my thoughts on trading.

feel free to already make use of them.

in the long run i will try to write down a Trade 101 and 102 Class from them as well as a extensive Trade Tips page.

Why the market works

• hauling takes time
• people are lazy
• people like to buy were they are
• people can make more money in the time they not have to get an item elsewhere because its cheaper there
• people want to buy everything at one place
• people dont always know what the usual price of an item is or what it costs in another region
• people cant type big numbers correctly

Trading Strategies

• station trading
• inter-region trading
• intra-region trading

Finding items to trade

• mission runner setups, what modules do they use
• whats new and in demand
• any patch changes that effect items
• what do all eve players need frequently
• what gets blown up often
• what is rare

Spikes in Trading Volume

• right after Downtime every day
• 18-20 when European come online in their evening time
• at weekends the volume seems generally higher

Note: this is not the case for all items just a general observation

Tips

• write as much down as you can to plan trading (volumes, items, opportunities, observations, frequent buyer/seller names)
• diversify in as much markets as you can
• always keep isk to snatch up cheap items on the market when the opportunity arises
• lookout for market resets/buyouts of other people and ride the wave of profits they created
• plan into the feature days/weeks/months
• dont have to much spare isk laying around - keep you money working with e.g. buy orders
• be cautious when hauling - no afk hauling , always warp to 0, don't go to low-sec unless in a proper ship (e.g. transport with cloak)
• there is no free lunch - if somethings sounds to good, check the numbers three times more
• track your progress with out of game tools like eve commander
• volume matters
• dont put up all your stock on the market if its more than likely gets sold in 1-2 days, it will just make other people underbid you more aggressivly

Note: there are exceptions to every rule, use your trade smarts to figure out when there is a time to better not go by them

Todo

• Ghost Orders
• Expiration of Orders
• Mind Games 8 vs 9 vs 0
• multi order sniping
• buyout games
• place alts in other regions to check prizes quickly
• mission hubs
• market hubs
• market cycles
• its not always about having the lowest sell / highest buy order (anticipate the market cycles)
• market research
• strategies in market pvp
• why shorter time orders can be better
• how to use the market windows
• interpretation of market graphs
• filter settings
• supply management
• buying items for reprocessing and selling the minerals