User:Telorian shoran/Trading

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