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Author Topic

Den Stearn
Posted - 2011.02.15 20:43:00 - [1]
 

I would like to reduce my overheads when trading on the market.

I only want to use the market, not contracts.

However the skills in TRADE are confusing me. Easily done tbh.

Please can someone tell me the skills which reduce my costs on the market. Just the market.

Thank you in advance.

Estel Arador
Posted - 2011.02.15 21:10:00 - [2]
 

Accounting and Broker Relations

Tippia
Caldari
Sunshine and Lollipops
Posted - 2011.02.15 21:42:00 - [3]
 

Depending on what, where and how you intend to trade, you might also find Social and Conncetions useful, as well as the various remote skills (Daytrading, Marketing, Procurement, Visibility). They can reduce your costs in terms of what you can buy and sell from where, improving your ability to cash in on arbitrage.

Den Stearn
Posted - 2011.02.15 22:28:00 - [4]
 

Thank you for your advise.

May all your noodles be crispy.

Adonlude
ANZAC ACADEMY
Posted - 2011.02.16 22:13:00 - [5]
 

Don't forget margin trading. Broker Relations and Accounting decrease the percentage CCP takes when you place a buy/sell order and when a buy/sell order gets filled respectively. Normally, without Margin Trading, ALL of the cost of any placed buy order is deducted from your account immediately. With Margin Trading only a percentage is taken from your account upfront and the rest is taken as orders get filled. This is useful if you want to up the quantities of your orders beyond a level you normally have money for. This is totally doable since orders usually trickle in slowly and it keeps you from having to constantly replace filled low quantity orders.

Marketing, Procurement, Daytrading, and Visibility just deal with the 4 aspects of trading, only remotely. The 4 aspects are place buy order, place sell order, modify buy or sell order, set range on buy order. All of these things can be fully modified without any skills as long as you are in the station your are plcing orders in. These 4 skills just let you do these things remotely in stations you are not in.


 

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