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Trading: Difference between revisions

From EVE University Wiki
I added a little math to the tip area
I added a section on trend lines and how it can help someone figure out where the market is going
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'''A'''=The amount you will have to pay to buy something  
'''A'''=The amount you will have to pay to buy something  


<br>


'''X * U = P - (P * B) = E'''


'''X * U = P - (P * B) = E'''
<br> '''X * U = P + (P * B) = A'''  


<br> So saying if you were buying PLEX for 100 isk each and you want 100 PLEX the amount you would have to pay after a 10% broker fee is 11,000 in isk. The equation for this is below


'''X * U = P + (P * B) = A'''
<br>


'''100 * 100 = 10000 + (10000 * .1) = 11000'''


So saying if you were buying PLEX for 100 isk each and you want 100 PLEX the amount you would have to pay after a 10% broker fee is 11,000 in isk. The equation for this is below
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And if you want to buy the same PLEX for the same price and amount and same brokers fee you will get 9000 isk and the equation will look like this


<br>


'''100 * 100 = 10000 + (10000 * .1) = 11000'''  
'''100 * 100 = 10000 - (10000 * .1) = 9000'''  


<br>


=== Trend lines<br>  ===


And if you want to buy the same PLEX for the same price and amount and same brokers fee you will get 9000 isk and the equation will look like this  
Trend lines are used in the real world to help self brokers and stock brokers find out future events in the stock market, or more commonly known as a technical analysis. To use as trend line all you need to do is find a way to draw a line to peak to peak and troff to troff in the line graph on price history on an item. You will want to draw a line that hits at less 2 to 3 peaks and another that hits 2 to 3 troff. This will tell you the price should fall between the 2 lines and if the prices hits one of the lines or go a little past it then its time to buy or sell the item in Eve. The trick to this in both Eve and the real world is to do this and know what your doing as fast and right as possible. You should be able to look at a graph in 5 min and say if the its a good buy or sell for you if your buying and selling short term. You can use anything and personally I used a gum wrapper in the past to make $25k in the real world. 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 time doing this.


Because there is so much information already out there[http://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.]


Here is a link to a good [http://www.youtube.com/watch?v=0OcHUngNYP4&feature=related YouTube video that tells you the ABC of trend lines. Skip to 50 seconds to start the lesson.]


'''100 * 100 = 10000 - (10000 * .1) = 9000'''
Lastly heres is another [http://www.youtube.com/watch?v=5v72zMtO3Mk video that shows you how the trend line works on line graphs.]
 


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=== Scams to avoid  ===
=== Scams to avoid  ===