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