Trading: Difference between revisions

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If you're going to be engaging in heavy station trading, you will be necessarily entering multiple buy and sell orders each and every day. For this reason, the biggest boost to your profitability per trade will be to reduce your transaction costs to the bare minimum. You do this by training Broker Relations and Accounting to 5, as soon as it's feasible.

[http://wiki.eveonline.com/en/wiki/Broker_Relations Broker Relations] - this skill reduces your cost to place orders on the market. The default broker fee is 1% of sale value, with a 100 ISK minimum. With each level of Broker Relations, you shave 5% off of that fee, with .75% being the lowest possible fee at level 5.

[http://wiki.eveonline.com/en/wiki/Broker_Relations Broker Relations] - this skill reduces your cost to place orders on the market. The default broker fee is 1.5% of sale value, with a 100 ISK minimum. With each level of Broker Relations, you shave 10% off of that fee, with .75% being the lowest possible fee at level 5.

[http://wiki.eveonline.com/en/wiki/Accounting Accounting ] - this skill reduces your cost to settle sales transactions on the market. The default accounting fee is 1% of sale value. With each level of Accounting, you shave 10% off of that fee, with .5% being the lowest possible fee at level 5.

Early in your trading career, these fractional percentages have a minimum impact. As you build your average trading size per order, however, these reductions are quite meaningful. Let's look at the impact of having Broker Relations and Accounting Training to 5 for an intermediate trader (30+ days in):

Early in your trading career, these fractional percentages have a minimum impact i.e. if trained to level 5, you need to trade 667 million ISK of goods to earn back the 5 million ISK you spent on the skillbook. As you build your average trading size per order, however, these reductions are quite meaningful. Let's look at the impact of having Broker Relations and Accounting Training to 5 for an intermediate trader (30+ days in):

''Example with Broker/Accounting skills trained to 4:''

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 If you're going to be engaging in heavy station trading, you will be necessarily entering multiple buy and sell orders each and every day.  For this reason, the biggest boost to your profitability per trade will be to reduce your transaction costs to the bare minimum.  You do this by training Broker Relations and Accounting to 5, as soon as it's feasible.
-[http://wiki.eveonline.com/en/wiki/Broker_Relations Broker Relations] - this skill reduces your cost to place orders on the market.  The default broker fee is 1% of sale value, with a 100 ISK minimum.  With each level of Broker Relations, you shave 5% off of that fee, with .75% being the lowest possible fee at level 5.
+[http://wiki.eveonline.com/en/wiki/Broker_Relations Broker Relations] - this skill reduces your cost to place orders on the market.  The default broker fee is 1.5% of sale value, with a 100 ISK minimum.  With each level of Broker Relations, you shave 10% off of that fee, with .75% being the lowest possible fee at level 5.
 [http://wiki.eveonline.com/en/wiki/Accounting Accounting ] - this skill reduces your cost to settle sales transactions on the market.  The default accounting fee is 1% of sale value. With each level of Accounting, you shave 10% off of that fee, with .5% being the lowest possible fee at level 5.
-Early in your trading career, these fractional percentages have a minimum impact.  As you build your average trading size per order, however, these reductions are quite meaningful.  Let's look at the impact of having Broker Relations and Accounting Training to 5 for an intermediate trader (30+ days in):
+Early in your trading career, these fractional percentages have a minimum impact i.e. if trained to level 5, you need to trade 667 million ISK of goods to earn back the 5 million ISK you spent on the skillbook. As you build your average trading size per order, however, these reductions are quite meaningful.  Let's look at the impact of having Broker Relations and Accounting Training to 5 for an intermediate trader (30+ days in):
 ''Example with Broker/Accounting skills trained to 4:''