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Adamant Stehl
Caldari Provisions
Caldari State
1
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Posted - 2012.09.05 14:02:00 -
[1] - Quote
I use my trader alt and station trade just outside of the Jita Hub. I buy high and sell low. I do not transport goods. This method has worked decently well - I log in once or twice a day and can make around 1 billion isk a month. Not much but enough to keep my main fitted with T2 ships and mods.
However, I have never station traded in Jita. Do you need to be actively checking trades by the minute and second? Is it just more micromanagement playing the .01isk game? Any info is helpful on what itGÇÖs like to trade in Jita and possible profits? Are Amarr, Rens or Dodixie better places to get experienced in a hub system?
Thanks
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Sven Hammerstorm
Royal Amarr Institute
Amarr Empire
35
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Posted - 2012.09.05 14:08:00 -
[2] - Quote
You can play the 0,01 isk game if you want, it is in no way needed to make profit |
Veronique Vynneve
Illium Developments
103
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Posted - 2012.09.05 14:08:00 -
[3] - Quote
Adamant Stehl wrote:I buy high and sell low.
 |
Adamant Stehl
Caldari Provisions
Caldari State
1
|
Posted - 2012.09.05 14:13:00 -
[4] - Quote
I place high buy orders and then sell what I buy lowest compared to the next sell order. If you have an alternative suggestion to the basics of buy/sell orders in Eve, I am all ears. |
Stigman Zuwadza
Repercussus
RAZOR Alliance
50
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Posted - 2012.09.05 14:30:00 -
[5] - Quote
Adamant Stehl wrote:I buy high and sell low.
I'm sure a few others probably chuckled when they read this and thought wtf! 
I'd suggest starting out in some of the other hubs, but if you do give Jita a try I'd say take note of the top handful of buy/sell orders. Have they all been modified within the last hour or two and if so, how many. This will give you an idea of the competitive nature of that particular item.
I tend to save any Jita trading I'm going to do for the weekend so I can babysit orders if needed. From my experience and depending on the item in question checking them a couple of time a day will see you getting zero action.
Fly safe. o7
CCP: Cloak Hunters - CSM6: Cautiously positive - Dec 2011 Summit - Minutes (pg. 22).
Cloaking Technicalities Explained - CSM7 Town Hall Meeting - May 2012 |
Adamant Stehl
Caldari Provisions
Caldari State
1
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Posted - 2012.09.05 14:34:00 -
[6] - Quote
Thank you Stigman. That helps!
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serras bang
Lucien Coven
16
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Posted - 2012.09.05 14:56:00 -
[7] - Quote
be honest if your makeing a bill a month trading stay were yah are or use jita as an experiment you could also look at secondary trade hubs as compo aint as fierce and you can make quite a bit. |
Adamant Stehl
Caldari Provisions
Caldari State
1
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Posted - 2012.09.05 15:05:00 -
[8] - Quote
I will try it as an experiment - I am just wondering if I was activity trading (micro-managing my trading) if I could make more then 1bill a month.
I have in the past placed by self between regions and traded in two markets but it was tedious (more tedious then station trading in one region that is). |
Caelis Boirelle
Aurora Investments
23
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Posted - 2012.09.05 16:08:00 -
[9] - Quote
It depends on what you actually do. If you're going to try to trade really high turnover items like capboosters or ammo, you're going to have to nurse your orders because a lot of other people are going to be in on it.
Items with a lower turnover rate will shift eventually. Or if you're into mineral trading or swing trading more specifically, you can get away with very little work indeed.
You can make money whatever way you want, the only question is how much patience you have.
Aurora Investments is looking for an alliance to call home |
Adamant Stehl
Caldari Provisions
Caldari State
1
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Posted - 2012.09.05 16:20:00 -
[10] - Quote
Caelis Boirelle wrote:It depends on what you actually do. If you're going to try to trade really high turnover items like capboosters or ammo, you're going to have to nurse your orders because a lot of other people are going to be in on it.
Items with a lower turnover rate will shift eventually. Or if you're into mineral trading or swing trading more specifically, you can get away with very little work indeed.
You can make money whatever way you want, the only question is how much patience you have.
Wanting to optimize investment with margin while not buying / selling many items. Was thinking Factional Ammo, Ice products (not sure if those are still lucrative) and maybe faction ships, T2 and Lvl 4 /5 meta modules and implants.I know what items have worked for me doing the casual day trading.
Just don't want to lose my shirt but its risk vs/ reward.
As for patience - we'll see
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Barakach
R-ISK
Shadow Operations.
70
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Posted - 2012.09.05 23:53:00 -
[11] - Quote
1bil/month could be good or bad depending on your capital.
But like other's mentioned, don't look at the current buy/sell prices, look at the historical. You place your orders based on what it will be, not what it is. Much of Jita's orders are filled in a bursty fashion. |
Adamant Stehl
Caldari Provisions
Caldari State
1
|
Posted - 2012.09.06 01:14:00 -
[12] - Quote
Barakach wrote:1bil/month could be good or bad depending on your capital.
But like other's mentioned, don't look at the current buy/sell prices, look at the historical. You place your orders based on what it will be, not what it is. Much of Jita's orders are filled in a bursty fashion.
That is very helpful. Anymore tips like these are great. Thanks. |
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