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Graf Haleck
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Posted - 2011.08.04 17:35:00 -
[1]
So as I stated I'm looking for advice doing station trading. I have a lot of downtime at work and this is something I would be able to monitor fairly closely. Like I said, my focus is on station trading only. While it is possible to fly I would mostly have to put my ship on autopilot, this is never a good idea.
So is it really as simple as "buy low, sell high"? Are market orders the way to go? Contracting? Both? So much to figure out.
Here are my vital stats:
Broker Relations: 2 Contracting: 2 Marketing: 3 Retail: 3 Trade: 3, training to 4 so I can get accounting.
Current trade hub: Dodixie
Starting bank roll: $30Mil (I told ya I was a new player)
Goal: To be able to plex monthly and fund my combat pilot. I'm willing to pay pay the monthly fee for a couple of months to build my bankroll.
Tools I can use: I can use any tools that are web based. My work comp is a Mac so I'm somewhat limited there.
Like I said, any advice is good. Not looking for trade routes or to put someone out of business. Don't need to be bijillionaire, won't complain if I am though.
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Zeta Zhul
Caldari Preemptive Paranoia
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Posted - 2011.08.04 17:49:00 -
[2]
Edited by: Zeta Zhul on 04/08/2011 17:49:45 Not to be snarky or sarcastic but seriously here; you can't do a basic search? You can't look over the last few pages on this forum?
This stuff comes up at least once a week with a new thread.
tl;dr: google is your friend, buy low, sell high, don't mess with my markets.
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Graf Haleck
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Posted - 2011.08.04 17:54:00 -
[3]
Fair enough, and I have looked over the forums and I've found some great information.
Perhaps I should of been a little clearer in what I'm looking for.
I was looking for a fresh perspective. Some sites I've been to have been shut down or just not kept up to date.
Also am I on the right track? Am I missing a fundamental along the way?
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kla samon
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Posted - 2011.08.04 18:43:00 -
[4]
Yes it basically is that simple.
Get broker relations to 5, accounting 5, and the margin trading skill. The other skills can be trained to specific situations.
I started a little experiment seeing what I could do starting with 1 mil. A week into it with putting in minimal effort I'm up to 60 mil (isk+escrow+sales orders). So yes it is easy...
To get you started find a mod that you can buy for 100-500k and sell for 50k+ profit. Do that for 10-20 orders to get your feet wet and keep flipping orders. You'll be pleasantly supprised at how your Net Asset Value (NAV) increases. As your account grows move into more orders or more expensive product.
On a final note, on the market history tab check the daily volume of the item. It will give you an idea of whether or not you can move the item.
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Kara Books
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Posted - 2011.08.05 11:05:00 -
[5]
Originally by: Zeta Zhul Edited by: Zeta Zhul on 04/08/2011 17:49:45 Not to be snarky or sarcastic but seriously here; you can't do a basic search? You can't look over the last few pages on this forum?
This stuff comes up at least once a week with a new thread.
tl;dr: google is your friend, buy low, sell high, don't mess with my markets.
What he said.
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The 8roker
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Posted - 2011.08.05 12:35:00 -
[6]
Good Evening Capsuleer,
I realise you were not asking for ISK/Bond but I'm interested in helping new traders become established. If you're interested and can show you can play the station trading/ 0.01isk game then I would be willing to 'help' your balance to increase your buying power.
Obviously I would need to see that you can trade efficiently/ effectively first, so if you're still interested in two weeks time contact me, provide proof of trades/balance and I may be willing to stump up an undefined amount for a percentage back depending on timescales.
Have a good day.
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