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{{related class|Trade (CORE class)}} | {{related class|Trade (CORE class)}} | ||
'''Market''' is the most popular system through which players can buy and sell items in New Eden. The other common systems are [[contracts]] and direct trades. | '''Market''' is the most popular system through which players can buy and sell items in [[New Eden]]. The other common systems are [[contracts]] and direct trades. | ||
The market is essentially an automated list of item exchange contracts: buy orders and sell orders. Since orders can be partially filled and searched easily, it tends to be a lot more convenient than trading through contracts, although the basic principle is the same. Another advantage of the market is that it's easy to see the price and quantity that items are actually selling for, using the market details tab. | The market is essentially an automated list of item exchange contracts: buy orders and sell orders. Since orders can be partially filled and searched easily, it tends to be a lot more convenient than trading through contracts, although the basic principle is the same. Another advantage of the market is that it's easy to see the price and quantity that items are actually selling for, using the market details tab. | ||
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Guides: | Guides: | ||
*[https://eve-files.com/media/corp/kinisd/e-uni_the_guide_to_making_isk_part_4.mp3 Guide to Making ISK Part 4: Titan Production] [https://docs.google.com/a/mailsort.info/file/d/0BywKzjZACDzNN2Q5MzJiNjItYWUzNy00MzljLThlYzUtZTAyNTVhMjdkZWYx/edit?hl=en_US Notes]: Excellent station trading guides by | *[https://eve-files.com/media/corp/kinisd/e-uni_the_guide_to_making_isk_part_4.mp3 Guide to Making ISK Part 4: Titan Production] [https://docs.google.com/a/mailsort.info/file/d/0BywKzjZACDzNN2Q5MzJiNjItYWUzNy00MzljLThlYzUtZTAyNTVhMjdkZWYx/edit?hl=en_US Notes]: Excellent station trading guides by EVE trillionaire Sinqlaison | ||
*[[Station Trading 101]] and [[Station Trading 102]]: classes by Turhan Bey | *[[Station Trading 101]] and [[Station Trading 102]]: classes by Turhan Bey | ||
*[[Identifying items for trade]] | *[[Identifying items for trade]] | ||
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== Tips and Tricks == | == Tips and Tricks == | ||
As with other aspects of | As with other aspects of EVE, the first rule of trading is to never invest what you can't afford to lose. | ||
===Finding items that are good to trade=== | ===Finding items that are good to trade=== | ||
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===Trend lines=== | ===Trend lines=== | ||
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 a trend line all you need to do is find a way to draw a line from peak to peak and trough to trough in the line graph on price history on an item. You will want to draw a line that hits at least 2 to 3 peaks and another that hits 2 to 3 troughs. This will tell you that 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 | 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 a trend line all you need to do is find a way to draw a line from peak to peak and trough to trough in the line graph on price history on an item. You will want to draw a line that hits at least 2 to 3 peaks and another that hits 2 to 3 troughs. This will tell you that 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 you're doing as fast and right as possible. | ||
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. | ||