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Tek Bricker
Posted - 2009.06.20 20:48:00 - [1]
 

Hi guys. I'm curious as to how someone goes about making such large sums of ISK doing the trading career. Perhaps if someone has some time on their hands, maybe you could teach me the ways of the market? It would be GREATLY appreciated, as I'm running low on funds, and gaining time to kill.

Sigvardt
Minmatar
Starfish S.M.B.A
Posted - 2009.06.22 10:04:00 - [2]
 

If I had the facepalm ASCII I'd post it.

Icy Milky
Posted - 2009.06.22 10:08:00 - [3]
 

I am affraid that first you will need to do more homework yourself. There are many ways how to make money in trading.

At first it depends on your budget (initial money available). Then you can decide what you can do... obvious buy low & sell high is the key - you just need to find out where is the "low" and where is the "high" (e.g. Jita -> Mission Hub / low sec hub / or even 0.0 station? ... or another way - buy items in mission hubs and sell them in Jita?... it very much depends on each item.

However, nobody will tell you what exactly and how exactly you should trade because it would mean another competitor in the filed (even if not you but another pilot reading such advice)... sorry.

Take your time and read through topics here in MD forums and come with more specific questions... Trading is much more based on your own brain than in-game skills, those will only support you and make your trading larger and easier and more profitable.

Beatrice Dalle
Posted - 2009.06.22 10:31:00 - [4]
 

There is a metric crapload of guides about it but they all sum up as already stated - buy low, sell high.

See the stickes, listen to the Hexx audio chat which I found helpful, get out there and make your market

The only advice I will impart is do not trade in stuff you think you understand - just trade in stuff that has a wide margin and a good to average volume - trading in stuff you know makes you blinkered and it took me a while to realise that - I'm now in Amarr to deliberately stop myself trading in Gallente markets I think I might understand.


sesanti
Minmatar
Astrodynamics Trading Group
Posted - 2009.06.22 16:52:00 - [5]
 

Originally by: Sigvardt
If I had the facepalm ASCII I'd post it.


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Clair Bear
Ursine Research and Production
Posted - 2009.06.22 16:52:00 - [6]
 

*Always*... No wait. *NEVER* confuse hauling with trading. Or resource gathering with manufacturing.

Other than that, yeah. Place a buy order. Once filled, turn that into a sell order. Maximize for return on investment per unit time. Repeat.

Krylon Rhae
Posted - 2009.06.22 17:04:00 - [7]
 

Originally by: Clair Bear
Place a buy order. Once filled, turn that into a sell order. Maximize for return on investment per unit time. Repeat.


About as succinctly said as possible... well done!

John Lupo
Posted - 2009.06.22 21:57:00 - [8]
 

Look at the market, feel the market, love the market & do that several hours a day.

I can do it, so can you.

Hope this helps :)

Jin Nib
Resplendent Knives
Posted - 2009.06.22 23:51:00 - [9]
 

The market isn't really the way to fast easy ISKs if thats what your looking for. It's just another option in the game and if you enjoy doing it you do it.

Ferkimer Burns
Perkone
Posted - 2009.06.24 21:56:00 - [10]
 

Use the market to buy some miner I's. Fit them to your Osprey then find some asteroids. Target the asteroids and engage the miners. You are on your way.


 

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