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xythyl
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Posted - 2010.01.01 06:18:00 -
[1]
Edited by: xythyl on 01/01/2010 06:20:22
I've been trading for some time. Just over a year if I recall correctly. I started off trading ammo and charges and moved onto PLEX's for a while after accumulating enough ISK. I then cancelled my account for university studies.
Now I'm back; I have my ISK-account up and running again and I moved into the manufacturing materials market and now I'm trading those. I made about 6M.ISK in a week. Compared to what I remembered, this is miniscule. Absolutely borderline acceptable. I have no idea what's happened.
I regularly compete in 0.1ISK wars with other traders now and loathe it. But I'm afraid this is the only way to sell my items. I'm not sure whether it's the fact I am trading in Jita or the items I am trading. Compared to old mates' trading alt, what I am getting in revenue is very poor.
As far as I know, there are three main ways of trading in EVE:
- Inter/intra-system trading.
- Inter/intraregion trading
I picked the first one. The ISK to time-spent-playing ratio was superb. Apparently not. Looks like I'm back to square one...
What am I doing wrong? Should I leave Jita? Is station trading a thing of the past? Should I start haul-trading?
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Mme Pinkerton
Caldari
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Posted - 2010.01.01 08:24:00 -
[2]
 Originally by: xythyl
and I moved into the manufacturing materials market and now I'm trading those.
there's your problem - if you want to successfully trade in materials, you should try long-term speculations, not the regular buy/sell game.
Trading in Jita can (still) be very profitable and playing the 0.01 ISK games is often unnecessary as on many items prices fluctuate enough to assure your order will be filled within a few hours/days.
Also, make sure you have Margin Trading, Accounting and Broker Relations on V (when trading with low amounts of cash, I tend to "overbook" my wallet by factor 3 - but what's best for you depends ofc on how fast you expect your buy oders to fill). If you want to trade minerals, good faction/corp standings (caldari/Caldari Navy) wouldn't hurt either.
--
"The public may not fully understand precisely what auditors do or how we do it, but they care that we exist because it provides them the confidence they so badly need and want." |
Tau Cabalander
Caldari
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Posted - 2010.01.01 08:43:00 -
[3]
Jita has very high volume, but really sucks for sellers. It is usually great for buyers though. The constant undercutting drives prices down rapidly, and keeps them low.
There are other trade hubs though, and some of them are very close together.
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Duke Castro
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Posted - 2010.01.02 06:50:00 -
[4]
From my calculations, the margins for trading in manufacturing materials (at least where I am) are razor thin, and it seems that the minerals are one of the biggest places that .01 isk wars take place as everyone tries to be the next great oil baron.
Just my thoughts on the issue, keep in mind that I don't yet have the assets to take on long-term speculation on mineral prices.
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clixoras
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Posted - 2010.01.02 13:14:00 -
[5]
If you start with a small wallet i'd suggest to start with a combination of station and regional trading. Find items with big margins, or create big margins by buying them with region wide orders.
The best tip i've read here is to gradually move up to items with larger margins (but which require bigger investments).
Diversivy your 'portfolio', but keep in mind 80% of your profits will probably come from a few items.
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