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Scorpionidae
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Posted - 2011.01.14 17:57:00 -
[1]
Hello people,
I wanted to get into trading and all that market stuff but don't know how to start or what to do... is there any guides out there that can help or any advice you gan give me?
Thank you
Scorpionidae 
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B Nabs
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Posted - 2011.01.14 18:02:00 -
[2]
I've recently started.
If you're low on funds, I suggest doing missions for a bit, then when you have a few mil, go to jita. Start by trading minerals, cos they're pretty damn liquid, so you can get a fast turnaround.
Make sure to train your broker relations and accounting skills.
also the more money you have, the more you can make, you'll see it start to grow exponentially
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Scorpionidae
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Posted - 2011.01.14 18:09:00 -
[3]
Originally by: B Nabs
I've recently started.
If you're low on funds, I suggest doing missions for a bit, then when you have a few mil, go to jita. Start by trading minerals, cos they're pretty damn liquid, so you can get a fast turnaround.
Make sure to train your broker relations and accounting skills.
also the more money you have, the more you can make, you'll see it start to grow exponentially
Thank you
The only problem I will have is that i'm not very patinet so will prob sell as soon as I see the is go up by one lol
Scorpionidae
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B Nabs
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Posted - 2011.01.14 18:26:00 -
[4]
You don't need to do that.
Put in a buy order at 0.01ISK above current highest. Make sure it stays the highest through modifying it when someone places a higher buy order than you.
When you accumulate your minerals, set up a sell order at 0.01ISK less than everyone else.
Keep it up and you get the profit from people quick selling and quick buying, no need to wait for change in prices.
Just make sure to do the maths, check that the difference in the buy and sell price will actually give you enough to overcome the sales tax and broker fees, while still returning a profit.
The higher volume you trade, the easier this can be
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