Trader Guide

  • First read all these posts here


    http://www.eveonline.com/ingam…?a=topic&threadID=1005330


    Don't be a slacker - we dont want to spoon feed you - baby want his bottle?


    Nah - do some research and ask some intelligent questions!!


    Ok done?


    A more simpler guide below:


    A lot of the EVE markets are generated by players themselves - with no input from CCP -


    Players mine or recyle loot found from killing rats into raw minerals and use that to make stuff, modules and ships, which they then sell on the market.


    They make stuff using Blueprints which can be bought also on the market.


    Ok mates


    A few people have expressed an interest in trading - and I have had a few private chats with people to get them started, throwing in some ideas and even some of the common trading items.


    For anyone else interested - a few key things.


    Read the numerous guides posted on the market section of the EVE forums, the market discussions section should be your best friend - spend some time reading the various info there - read up and wise up!!


    Secondly trading is not difficult - and for those guys that want to fund pvp activities - then read up and get started!!


    Finally trading is a skill like other skills in EVE and you get better as you learn and get experience.


    There is no right way to do it - do it your way, the way you can enjoy it.


    General tips.


    Q1. How to find good items to sell?


    A1. Do some research you lazy slacker!!


    You can first look at the items you know about and use - look for gaps between buyers and sellers - if there is a GAP - you can try and move in to share some of that profit.


    Use BUY ORDERS to acquire stock


    Use SELL ORDERS to sell them on.


    Example1


    75MN Afterburner is selling for 5mill in Downsville and people are buying for 4mill in Downsville - that is a 1mill gap!!


    In theory - every item you buy and sell in Downsville - you can make 1mill per item!!


    Q2. No Mahdss you cretin, I followed your advice and bought 100 of those 75MNs over X weeks - but they are not selling.


    A2. Retard, the gap is not the only thing - look also at VOLUME - use the table option to see daily volumes traded. So you bought 100 of those ABs but only one is being sold per day - WRONG ITEM!!


    Sometimes you can haul - yep haul.


    You can buy those ABs in Downsville and haul em to MarketHub in a different region and there they are being sold for 7mill - and the volume is 30 per day - let's take a piece of that.


    So you find an item with a decent gap and a decent volume - but they are still not selling.


    Q3. You dirty liar - you said if I did A and B they would sell - now what?


    A3. Did you look at the AVERAGE ? Why not?


    Basically you want an average in the middle or near the middle of the buy price and sell price range.


    Example 2


    75 AB is selling for 7mill in MarketHub and buyers are buying for 4mill - thats a 3mill gap - excellent.


    200 of these are being moved per day - excellent.


    The average price is 4.1mill


    What does that mean?


    Basically people are not buying many of the 75 Afterburners at market hub - it is just a huge dumping ground.


    You could try undercutting everyone else and start selling for 5mill - and even then - sometimes, even if you are in a hub - you wont sell any because there is no demand.


    Now if the average was about 5.5mill - then that would show 200 being traded each day with both buyers and sellers being satisfied.


    If you find items like these - you can buy and sell at the same station with no need to haul.


    In summary - look for GAP, VOLUME and AVERAGE.


    Disclamier - this info is provided by CCP in the market tables and graphs and I cant guarantee these numbers are accurate!!


    Q4. Ok ok - good advice - one more question - can you tell me some items?


    A4. F off you lazy slacker - do some research or get a nappy and bib so I can spoon feed you.


    Hang on - I may as well give you 500mill now since you want to cut into all my profits.


    When is the last time someone gave me 500mill or even 1mill? Not often as I would like actually.


    Firstly start with the items you know about, add them to the market quickbar so you can get to them quickly and check em out - remove ones that fail the Gap, Volume and Average test.


    Look at things you want to buy or have bought in the past. Repeat.


    Look at pvp modules and pve modules. Repeat.


    Type "II" into the market search option and go through every T2 item - why not - I did you slacker. Repeat.


    Train some trader skills to reduce your tax liabilities to increase your profits and other trader skills so you can even trade when you are out and about doing mining, pvp or even running missions.


    Sometimes, you can spot items being sold well under their normal value and whilst you are mining that sexy Veld you can buy, re-list at buy price +2mill and wait.


    Q5. Thanks Mahdss - you are the best - final last question? Can you email a list of your trade items.


    A5. F off you slacker.


    VARIETY - the guy HEXX talks a lot about this - Variety baby!!


    Don't put all your eggs in one basket - cos when that market goes under (and it will) your f up for good.


    Trade in a variety of items with a varied profit margin.


    Ships, implants, modules, ore, blah blah blah.


    You dont even need to know what they do.


    A variety of items with a variety of profit margins, all pulling together to get you the ISK you deserve.


    Cos your worth it.


    Remember - if you trade in ships - usually you have to sell em where you bought em as they are too big to move to a different station.


    A lot of people look down on hauling stuff around - but doing that yourself you can get a better understanding about the region that you are in.


    Oh - I am 7 jumps from MarketHub and I want to buy the 75 AB - but the closest one is 5 jumps away? F me - could that be an opportunity?


    Or maybe - there is a good reason for that.


    Setting wider buy orders (for example within 5 jumps) can sometimes lead to stock in low sec areas.


    One of the best ways to make ISK is to spot gaps in the market.


    For example if the buy orders for 75 Afterburner is this


    100 4.000mill from MarketHub Station
    150 3.991mill from MarketHub System
    200 3.990mill from MarketHub Station
    500 1.000mill from MarketHub Region


    I would perhaps put in a buy order like this


    100 1.1mill from MarketHub 5 jumps - there is a gap 1-5 jumps from marketHub


    Anymore questions?


    Read the forums, do some research - then when you make lots of ISK send me 50mill as I helped you so much!!


    Try some things, follow the crowd and stand out trial and error.


    Usually - if you make a mistake - you still have the stock and can sell em close to what you bought them for and you would have only lost some time but got some knowledge!!


    Anymore private chats cost 25mill per hour.


    Ok - nearly done.


    Who am I then?


    Firstly I find most traders dont talk much about their activities - its all hush hush as we dont want to endanger our profit - and everytime we share - that could happen.


    I started playing EVE about Nov 2007 with a miner character and I quickly got bored.


    I made a pvp char and with him I did missions and also some mining.


    After our 10th wardec in Empire - (everyone hated Griff in those days) I decided to put all the things I had read about trading into a trial - since Griff made us all stay docked - best thing he ever done for me.


    I started small - Miner 1s - to trade in and gradually moved up.


    No Mahdds Inc - as I like to call it - does not trade in Jita or play the 0.01 ISK game.


    Very very rarely I will buy some stuff in Jita and sell elsewhere - that is a good tactic as I good friend of mine made Zillions of ISK this day - but I think I have only been to Jita a handful of times this year.


    Last 10 days or so my operations have turned over about 4.7Bill ISK and I assume a 10% profit on all that - so at minimum I have made profit of about 470mill - my goal is to make a Bill per month.


    Some of you guys are real smart and tenacious and I would imagine if you put the sort of energy you put into mining/pvp/ manufacturing you could easily out do this and make Zillions and Trillions - an alt based in Jita could pay for all your accounts and other activities!!


    Good luck!!