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shortattenionsp
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Posted - 2008.11.17 23:58:00 -
[1]
Hello, I am pretty new to trading am making my way towards my first bill (got just over 900m atm). I made the first 400 or so mil moving modules between hubs, buying low and selling in another region where the price was higher. However I have been station trading in jita a bit and have made the rest from there. Its taking me a while though, some days I make a lot and others I move very little stock, i'm mostly dealing in mid-high value items.
One problem i'm finding is trading is addictive! I want to cream off some isk and buy ships to pew pew with but can't resist the urge to reinvest and try and make more isk. At the moment I don't feel I have the capital (or more likely, the will to risk it) to do any real market manipulation yet, and am often stuck in 0.1 isk wars with people. Anyone have any suggestions how to gain some insight into another type of trading other than finding an item with a big buy/sell order differential and keeping orders up to date, without giving too much away?
I was wondering what sort of capital you guys work with to fund other character's activities. Do you reinvest a certain percentage of your profits, or did you stop at a certain figure and simply cream off any profit from then on? I have a pvp character main that i'd like to fund, he's not got expensive tastes but buying the odd Hac and worrying less about losing a bs would be nice, nothing too fancy.
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NupetietVer
Neuro Cartographic Services
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Posted - 2008.11.18 00:44:00 -
[2]
I only trade when i can afford it or see a good buy, other than that, pew pew
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Brock Nelson
Caldari
Flux Technologies Inc
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Posted - 2008.11.18 01:01:00 -
[3]
Simple, whatever income I generate from trade and manufacturing goes to one of the 4 things:
1. Expense
2. Reinvestment
3. Training/PvP
4. Expanding my little operation, either do more trade or more research and development |
Kazzac Elentria
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Posted - 2008.11.18 01:17:00 -
[4]
Just have fun.
Sounds like the trading bug has got you pretty good though. Remember that generally speaking the more you increase your working capital though the harder you have to work for it to generate more income.
There are exceptions to this rule, however most of them involve speculation and manipulating. |
Trading Bunnz
Equatorial Industires
Dark Taboo
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Posted - 2008.11.18 04:14:00 -
[5]
Do the math! Do you spend 1b/mth in pvp? 100m? 90b? What margins, on average, are you making on your trading? 20%? 5%? At 20%, to fund a 1b/mth pvp habit, you need to be working with 5b capital. Once you hit that, spend it! The more "capital" you throw at funding your pvp habit, the lower returns you can tolerate, which usually equates to lower time spent earning isk and more time spent blowing stuffs up. :) |
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