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Valiant Brightstar
The Merovingians
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Posted - 2007.06.26 17:37:00 -
[1]
Hokay - IĈm feeling good about trading so far. Things are going well but I feel like IĈm missing something.
At the moment I choose what items I trade in by looking at the price difference between the highest buy order and the lowest sell order along with the number of units that move per day.
I feel that IĈm missing out by ignoring small margin products that sell in volume. For example, putting in buy orders for a 100,000,000 units of widgets priced at 2.0isk and trying to sell it at 2.5 isk. How do you guys deal with tracking these orders especially when you have people out buy you at .1 isk at a time?
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Pang Grohl
Gallente
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Posted - 2007.06.26 18:09:00 -
[2]
Remember that you can actively sell to people as well as being passively bought from.
Si non adjuvas, noces
(If you're not helping, you're hurting) |
Quutar
Caldari
Auraxian Irregulars
The Sundering
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Posted - 2007.06.26 22:49:00 -
[3]
sell at a loss, but make it up in volume
(joke)
Not finding research slots in Empire Space? Try Quutar Research Services. |
Alex Cash
Infinity Enterprises
Interstellar Alcohol Conglomerate
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Posted - 2007.06.27 03:07:00 -
[4]
You know... the real trick to all of this is to buy pyerite in Jita for 7 ISK and sell it in Rens for 5 ISK...
But seriously... both ways work. Personally I prefer high volume low margin when I'm around to babysit my orders and low volume high margin when I'm not... but they'll both make you isk...
And undercutters? They're annoying, but it's really in the middle ground where they hurt, not the extremes. Who cares if someone undercuts you by a few hundred thousand when you're making 10+ mil on a single trade, where it hurts is when you're depending on volume, and people undercut by lets say, 100 ISK on a 700 ISK margin, or 2 ISK on a 14 ISK margin...there is where it hurts. Even then it's not really that though... the low order will sell... but it's when 10 other people desperate to move their goods jump on that and force the price that low that it really kills you.
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Kazzac Elentria
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Posted - 2007.06.27 12:00:00 -
[5]
Avoid undercutters by making sure your products are where your customers are. You can easily avoid most undercutting by just ensuring that your items are at the stations your customers need.
Some of the easiest trading out there is supplying mission running stations in the various lesser known regions. And not with the LP stores, you'll see an even greater demand for ships, ammunition, etc.. at all the stations that carry lvl 4 agents.
Remember, to the mission runners time is isk as well. And most would rather not run 2 jumps, or even 1 jump to grab an item and happily and very often pay above average prices for the items they need.
For instance... in Gallente space you might find Domi's, Hammerheads, and the requisite mods to make a drone boat in high demand at a mission station where as in caldari space it might be a drake or whatever.
You get the idea... bring the product to your customer and they will often pay you whatever you want. |
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