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Beset
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Posted - 2010.09.06 20:04:00 -
[1]
i am looking at controlling one item in a trade hub. looking at sales enough sell per day to make this possible and make profit.
What im after is the best way to keep on top of this market, i have tryed once before and failed. So any tips on how to keep control over my market once i am the only sell order?
Cheers
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49473
Jita Trade and Research Institute
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Posted - 2010.09.06 20:19:00 -
[2]
Originally by: Beset i am looking at controlling one item in a trade hub. looking at sales enough sell per day to make this possible and make profit.
What im after is the best way to keep on top of this market, i have tryed once before and failed. So any tips on how to keep control over my market once i am the only sell order?
Cheers
Can you reformulate your question so I better understand what you are attempting to do?
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F90OEX
F9X WE FORM VOLTRON
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Posted - 2010.09.06 20:22:00 -
[3]
All depends how much Isk your willing to risk and important how long you want to control 1 Item. Also how many systems your market is in.
The most important thing is you have to stay on top of it which means logging in several times a day.
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Dezolf
Minmatar DAX Action Stance
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Posted - 2010.09.06 20:23:00 -
[4]
Buy out everyone else, or undercut them so their profits diminish. Repeat with buy orders.
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Rasz Lin
Caldari Racketeers
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Posted - 2010.09.06 22:33:00 -
[5]
First thing you need is secrecy. As soon as someone sees what is happening you are screwed. I got 2 favorite traders that try to control some items and I make a decent amount playing with them. I buy when they list low (to lower guy orders so they can build stocks), wait few days and sell when they sell high and buy high. Decent 7-10% in a week out of their pockets.
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Roger Kiyosaki
Native Freshfood
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Posted - 2010.09.07 07:46:00 -
[6]
I haven't tried this yet, but I would assume that the basics break down to this: - Allocate the ISK you're willing to risk on this venture, - Set a time frame you're willing to sit still and attempt to put you into the position of "having" that market, - Keep a solid buffer of ISK from the war chest for unforseen events, - Now you've got the expenditure (read: loss) per day you could be risking for your "intervention phase" (for lack of a better phrasing), - Find an item that fits the profile of the above criteria (volume and daily costs) if you haven't already.
Adjust prices accordingly to squeeze out the opposition, cross your fingers, and hope for the best. Also take note that the allocated ISK at risk will need backup ISK from somewhere else.
Further information on where the supply comes from, how easy it would be to increase the supply profitably, etc. can only benefit your chances of succeeding.
As I said, I haven't done that, and this would be my instinctive way of setting up such a move. I'd love to hear from veterans which points I have missed.
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SexyTrader 02
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Posted - 2010.09.07 07:56:00 -
[7]
Take a look at "50W Infectious Power System Malfunction" or "Phased Weapon Navigation Array Generation Extron" in Jita. leocaldari does a pretty good job of doing what you want to do. Any trading method can be beaten by a persistent enough opponent, but his method is pretty effective at getting rid of all but the most tenacious opponents.
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Pookoko
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Posted - 2010.09.07 08:57:00 -
[8]
'Controlling' is not always the best. Although it seems counter-intuitive considering the competitive nature of eve market (and New Eden in general), sometimes it pays off to refrain from trying to 'beat' the competitors. Like someone above said you can always try to ride the ones that are controlling the market and make profit from it. They will be the ones with all the risk and you will make smaller but steady gains. If you still wish to give it a go, good luck. ;) (and also consider that in order to control the market you also need to control the supply. This ain't easy).
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