Get rich quick: Difference between revisions

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For a more varied route, one can build skill in Accounting and Broker Relations. Also, build up Caldari faction standing and Caldari Navy corporate standing to save on trading and refining costs at Jita. Standing requires mission running so Day Trading, Procurement and Marketing can allow quick trading updates while missioning.

There are three sets of career agents, Data Centers and Cosmos missions that can help build Caldari faction status quickly. Having low trading costs allows a trader to pay more to buy things and sell for less and still earn a profit. Some of the highest volume markets have very thin margins that require very high skills and standing. (My alt, Jefferson Locke, was able to achieve Caldari 6.5, Caldari Navy 7.5, Accounting 5, Broker Relations 5 and Daytrading, Procurement and Marketing 3 in a few months and ~~build~~ up a bankroll trading part time and then ~~make~~ some good station trades to double a bankroll of 500 million in a week).

There are three sets of career agents, some Data Centers and many Cosmos missions that can help build Caldari faction status quickly. Having low trading costs allows a trader to pay more to buy things and sell for less and still earn a profit. Some of the highest volume markets have very thin margins that require very high skills and standing. (My alt, Jefferson Locke, was able to achieve Caldari 6.5, Caldari Navy 7.5, Accounting 5, Broker Relations 5 and Daytrading, Procurement and Marketing 3 in a few months and built up a bankroll trading part time and then made some good station trades to double a bankroll of 500 million in a week).

Another side of station trading is having the required capital. Many station traders can earn more than 100 million ISK per week. This is enough to play for free by buying PLEXs. If you can master station trading only well enough to make a 5% return per day, you can still ~~earn~~ 100 million ISK in a week if you can ~~deploy~~ 250 million ISK for seven days. Rather than wait for a small bankroll to double every couple of weeks (if you can resist spending it!), it might make sense to test strategies using small volume trades and then sell a PLEX to raise the starting capital to apply those trades in high volume, then buy the PLEX back a month later after you have a big enough bankroll to afford it. Be sure that your target markets can support billions in ISK per day (mostly at Jita) if you want to deploy tens or hundreds of millions in them.

Another side of station trading is having the required capital. Many station traders can earn more than 100 million ISK per week. This is enough to play for free by buying PLEXs. If you can master station trading only well enough to make a 5% return per day, you can still make 100 million ISK in a week if you can morph 250 million ISK into 350 million ISK at 5% per day for seven days. Rather than wait for a small bankroll to double every couple of weeks to get to 250 million ISK (if you can resist spending it!), it might make sense to test strategies using small volume trades and then sell a PLEX to raise the starting capital to apply those trades in high volume, then buy the PLEX back a month later after you have a big enough bankroll to afford it. Be sure that your target markets can support billions in ISK per day (mostly at Jita) if you want to deploy tens or hundreds of millions in them.

==Contracting==

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 For a more varied route, one can build skill in Accounting and Broker Relations. Also, build up Caldari faction standing and Caldari Navy corporate standing to save on trading and refining costs at Jita. Standing requires mission running so Day Trading, Procurement and Marketing can allow quick trading updates while missioning.
-There are three sets of career agents, Data Centers and Cosmos missions that can help build Caldari faction status quickly. Having low trading costs allows a trader to pay more to buy things and sell for less and still earn a profit. Some of the highest volume markets have very thin margins that require very high skills and standing. (My alt, Jefferson Locke, was able to achieve Caldari 6.5, Caldari Navy 7.5, Accounting 5, Broker Relations 5 and  Daytrading, Procurement and Marketing 3 in a few months and build up a bankroll trading part time and then make some good station trades to double a bankroll of 500 million in a week).
+There are three sets of career agents, some Data Centers and many Cosmos missions that can help build Caldari faction status quickly. Having low trading costs allows a trader to pay more to buy things and sell for less and still earn a profit. Some of the highest volume markets have very thin margins that require very high skills and standing. (My alt, Jefferson Locke, was able to achieve Caldari 6.5, Caldari Navy 7.5, Accounting 5, Broker Relations 5 and  Daytrading, Procurement and Marketing 3 in a few months and built up a bankroll trading part time and then made some good station trades to double a bankroll of 500 million in a week).
-Another side of station trading is having the required capital. Many station traders can earn more than 100 million ISK per week. This is enough to play for free by buying PLEXs. If you can master station trading only well enough to make a 5% return per day, you can still earn 100 million ISK in a week if you can deploy 250 million ISK for seven days. Rather than wait for a small bankroll to double every couple of weeks (if you can resist spending it!), it might make sense to test strategies using small volume trades and then sell a PLEX to raise the starting capital to apply those trades in high volume, then buy the PLEX back a month later after you have a big enough bankroll to afford it. Be sure that your target markets can support billions in ISK per day (mostly at Jita) if you want to deploy tens or hundreds of millions in them.
+Another side of station trading is having the required capital. Many station traders can earn more than 100 million ISK per week. This is enough to play for free by buying PLEXs. If you can master station trading only well enough to make a 5% return per day, you can still make 100 million ISK in a week if you can morph 250 million ISK into 350 million ISK at 5% per day for seven days. Rather than wait for a small bankroll to double every couple of weeks to get to 250 million ISK (if you can resist spending it!), it might make sense to test strategies using small volume trades and then sell a PLEX to raise the starting capital to apply those trades in high volume, then buy the PLEX back a month later after you have a big enough bankroll to afford it. Be sure that your target markets can support billions in ISK per day (mostly at Jita) if you want to deploy tens or hundreds of millions in them.
 ==Contracting==