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Jita Lord
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Posted - 2010.02.25 07:39:00 -
[1]
I have accumulated a good amount of Isk, and I have ~ 7 Bill in ISK. I was wondering if I should get into Trading? I have always heard that its good money if you have money to start with? I donĘt have the skills to fly a freighter or even an industrial. So is it feasible to make some good isk from buying low and selling a little bit higher in the same station? Any advice on this would be great!
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Jadun
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Posted - 2010.02.25 07:43:00 -
[2]
1. biomass your char and pick a new name. 2. Read the stickys 3. Do your own reseach. 4. -1 MD Points
Jadun
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Drab Cane
Carbenadium Industries
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Posted - 2010.02.25 07:44:00 -
[3]
You have plenty of ISK to start playing with trading. And no, you don't need to haul stuff to play in the market.
There are some excellent posts and guides in the resource thread at the top of the MD forum - check them out.
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- Who Dares, Wins
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KtoJest
Minmatar Silkroad Partners
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Posted - 2010.02.25 07:52:00 -
[4]
Originally by: Jita Lord
I donĘt have the skills to fly a freighter or even an industrial. So is it feasible to make some good isk from buying low and selling a little bit higher in the same station? Any advice on this would be great!
a fast frigate, some expansion rigs is something to look into. station trading is a part of it but only a part.
good luck- Caveat Emptor -a trader's blog |
Cyaxares II
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Posted - 2010.02.25 09:27:00 -
[5]
take 1b and put it into contracts for faction items take another billion and use it for Jita station trading take a third billion and use it for region-wide trading move 4b to an alt.
try and see what works for you.
If you do station trading for a few days in a row you will start to notice cycles and manipulations. Play around with the manipulations (*) - it's a great learning experience at small/none risk to you. Play 0.01 ISK games with the manipulator, try to get bought out by him, try to find support levels in the price etc...
Once you feel comfortable try your hands at some manipulation of your own.
(*) if sell orders in Jita are overpriced, first check Lonetrek for cheap stuff, then Dodixie, Hek and Rens - if everything else fails try the Amarr hinterland (Kador, Devoid, ...).
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