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

Note: this is not the case for all items just a general observation

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

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

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.)

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