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Trading: Difference between revisions

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m Update tax history in {{Expansion past}}
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* Easy to do during war: With a small investment in skills (Marketing, Procurement and Daytrading to level 2) you can easily station trade in one system while docked up in another, or use an alt to trade in other ways.   
* Easy to do during war: With a small investment in skills (Marketing, Procurement and Daytrading to level 2) you can easily station trade in one system while docked up in another, or use an alt to trade in other ways.   
* Time-flexible: A lot of trading happens while docked up, and it's easy to go AFK with no real danger most of the time. While this isn't true during hauling, good hauls tend to be fairly short and you can always dock up halfway through.
* Time-flexible: A lot of trading happens while docked up, and it's easy to go AFK with no real danger most of the time. While this isn't true during hauling, good hauls tend to be fairly short and you can always dock up halfway through.
* Scalable. With more money you can invest in more items making you more money.
* Scalable: With more money you can invest in more items making you more money.


== Skills ==
== Skills ==
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* Skills that increase maximum number of active orders orders: Trade, Retail, Wholesale, Tycoon.
* Skills that increase maximum number of active orders orders: Trade, Retail, Wholesale, Tycoon.
* Skills that allow you to buy and sell things remotely: Marketing, Procurement, Daytrading, Visibility.
* Skills that allow you to buy and sell things remotely: Marketing, Procurement, Daytrading, Visibility.
* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations
* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations.




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: <math> \displaystyle
: <math> \displaystyle
\text{Sales tax %} = 7.5\% * (1-(11\% \times \text{Accounting level}))
\text{Sales tax }\% = 7.5\% * (1-(11\% \times \text{Accounting level}))
</math>
</math>


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The equation for the NPC broker's fee percentage is<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax Broker Fee and Sales Tax]</ref>
The equation for the NPC broker's fee percentage is<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax Broker Fee and Sales Tax]</ref>
: <math>
: <math>
\displaystyle \text{Broker's fee %} = 3\% - 0.3\% \times \text{Broker Relations level} - 0.03\% \times \text{faction standing} - 0.02\% \times \text{corporation standing}
\displaystyle \text{Broker's fee }\% = 3\% - 0.3\% \times \text{Broker Relations level} - 0.03\% \times \text{faction standing} - 0.02\% \times \text{corporation standing}
</math>
</math>


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In player owned [[Upwell structure]] markets the broker's fee is a fixed SCC surcharge of 0.5% plus a percentage set by the structure owner and is not affected by any skills. The owner may set different fees for different standing levels. The minimum owner fee is 0% <ref>Patch notes: [https://www.eveonline.com/news/view/patch-notes-version-21-05 Version 21.05] Release 2023-06-21.1</ref>. The minimum broker fee is 100 ISK.
In player owned [[Upwell structure]] markets the broker's fee is a fixed SCC surcharge of 0.5% plus a percentage set by the structure owner and is not affected by any skills. The owner may set different fees for different standing levels. The minimum owner fee is 0% <ref>Patch notes: [https://www.eveonline.com/news/view/patch-notes-version-21-05 Version 21.05] Release 2023-06-21.1</ref>. The minimum broker fee is 100 ISK.
: <math>
: <math>
\displaystyle \text{Broker's fee %} = 0.5\% + \text{Owner %}
\displaystyle \text{Broker's fee }\% = 0.5\% + \text{Owner }\%
</math>
</math>


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Leading to a broker's fee of:
Leading to a broker's fee of:
: <math>
: <math>
\text{Broker's fee} = \text{Market order value} \times \text{Broker's fee %}
\text{Broker's fee} = \text{Market order value} \times \text{Broker's fee }\%
</math>
</math>


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: <math>
: <math>
\text{Relist fee} = ( 100\% - ( 50\% + 6\% \times \text{Advanced Broker Relations level} ) ) \times \text{Broker's fee %} \times \text{New order value} + \text{Broker's fee%} \times \max ( \text{New order value} - \text{Old order value}, 0)
\text{Relist fee} = ( 100\% - ( 50\% + 6\% \times \text{Advanced Broker Relations level} ) ) \times \text{Broker's fee }\% \times \text{New order value} + \text{Broker's fee }\% \times \max ( \text{New order value} - \text{Old order value}, 0)
</math>
</math>


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There is an incredibly simple 3-step plan for finding good trading items:  
There is an incredibly simple 3-step plan for finding good trading items:  


# Click on a market category, and start looking at the orders and market details for each item  
# Click on a market category, and start looking at the orders and market details for each item.
# Switch to another category, and keep looking at each item.  
# Switch to another category, and keep looking at each item.  
# Look at items some more.
# Look at items some more.
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You should be able to look at a graph in 5 minutes and say if it's a good buy or sell for you if you're buying and selling short term. The only trick to using something is it must be straight. If worst comes to worst you can press print screen, paste the image into paint and make the trend line there but if you do this you will lose some valuable time.  
You should be able to look at a graph in 5 minutes and say if it's a good buy or sell for you if you're buying and selling short term. The only trick to using something is it must be straight. If worst comes to worst you can press print screen, paste the image into paint and make the trend line there but if you do this you will lose some valuable time.  


Because there is so much information already out there [https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:trend_lines here is a link that gets in detail on what you should do to make and read a trend line.]
Because there is so much information already out there [https://chartschool.stockcharts.com/table-of-contents/chart-analysis/trend-lines here is a link that gets in detail on what you should do to make and read a trend line.]


Lastly here is another [https://www.youtube.com/watch?v=5v72zMtO3Mk video that shows you how the trend line works on line graphs.]
Lastly here is another [https://www.youtube.com/watch?v=WMkBbnSLUvo video that shows you how the trend line works on line graphs.]


== References ==
== References ==