Difference between revisions of "User:Telorian shoran/Trading"

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== Why the market works ==
 
== Why the market works ==
* hauling takes time
+
* Hauling takes time
* people are lazy
+
* People are lazy
* people like to buy were they are  
+
* 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 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 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 dont always know what the usual price of an item is or what it costs in another region
* people cant type big numbers correctly
+
* People cant type big numbers correctly
  
 
== Trading Strategies ==
 
== Trading Strategies ==
* station trading
+
* Station trading
* inter-region trading
+
* Inter-Region trading
* intra-region trading
+
* Intra-Region trading
  
 
== Finding items to trade ==
 
== Finding items to trade ==
* mission runner setups, what modules do they use
+
* Mission runner setups, what modules do they use
* whats new and in demand
+
* Whats new and in demand
* any patch changes that effect items
+
* Any patch changes that effect items
* what do all eve players need frequently
+
* What do all eve players need frequently
* what gets blown up often
+
* What gets blown up often
* what is rare  
+
* What is rare  
  
  
 
=== Spikes in Trading Volume ===
 
=== Spikes in Trading Volume ===
* right after Downtime every day
+
* Right after Downtime every day
 
* 18-20 when European come online in their evening time
 
* 18-20 when European come online in their evening time
* at weekends the volume seems generally higher
+
* At weekends the volume seems generally higher
 
Note: this is not the case for all items just a general observation
 
Note: this is not the case for all items just a general observation
  
 
== Tips ==
 
== Tips ==
* write as much down as you can to plan trading (volumes, items, opportunities, observations, frequent buyer/seller names)
+
* 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
+
* Diversify in as much markets as you can
* always keep isk to snatch up cheap items on the market when the opportunity arises
+
* 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
+
* Lookout for market resets/buyouts of other people and ride the wave of profits they created
* plan into the feature days/weeks/months
+
* Plan into the feature days/weeks/months
* dont have to much spare isk laying around - keep you money working with e.g. buy orders
+
* 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)
+
* 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
+
* 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
+
* Track your progress with out of game tools like eve commander
* volume matters
+
* 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
+
* 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
* make use of implants to get more profit (e.g. refine efficiency implants or speed implants for hauling )
+
* Make use of implants to get more profit (e.g. refine efficiency implants or speed implants for hauling )
* markets might not be profitable today but tomorrow and they might be profitable today but not tomorrow -> markets are changing constantly, use that to your advantage
+
* Markets might not be profitable today but tomorrow and they might be profitable today but not tomorrow -> markets are changing constantly, use that to your advantage
* to get away from jita 4-4 warp to the moon in front of you and out of the cluster of ships undocking and bumping you out of alignment
+
* To get away from jita 4-4 warp to the moon in front of you and out of the cluster of ships undocking and bumping you out of alignment
 +
* Know the nearest systems of other regions from your tradehub to check up on other regions fast
 
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
 
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
  
 
== Haulers for Trading ==
 
== Haulers for Trading ==
* freighter
+
* Freighter
** keep a hauler in cargo and some cargo extenders and shield extenders to make quick intra-region pickup tasks ( dont use the freighter for everything )  
+
** Keep a hauler in cargo and some cargo extenders and shield extenders to make quick intra-region pickup tasks ( dont use the freighter for everything )  
* hauler 
+
* Hauler (Industrial Ships)
* kestrel ( good cargo capacity and fast )
+
* Kestrel ( good cargo capacity and fast )
* shuttle ( use for fast run of small stuff and only warp to 0 )
+
* Shuttle ( Useful for fast runs with small cargo, always warp to 0.)
  
 
== Todo ==
 
== Todo ==

Latest revision as of 14:55, 4 September 2010

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
  • Make use of implants to get more profit (e.g. refine efficiency implants or speed implants for hauling )
  • Markets might not be profitable today but tomorrow and they might be profitable today but not tomorrow -> markets are changing constantly, use that to your advantage
  • To get away from jita 4-4 warp to the moon in front of you and out of the cluster of ships undocking and bumping you out of alignment
  • Know the nearest systems of other regions from your tradehub to check up on other regions fast

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

Haulers for Trading

  • Freighter
    • Keep a hauler in cargo and some cargo extenders and shield extenders to make quick intra-region pickup tasks ( dont use the freighter for everything )
  • Hauler (Industrial Ships)
  • Kestrel ( good cargo capacity and fast )
  • Shuttle ( Useful for fast runs with small cargo, always warp to 0.)

Todo

  • ghost orders
  • expiration of Orders
  • mind Games 8 vs 9 vs 0
  • multiorder 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