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Tips on trading in eve for dummies

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Alright, i have about 20bn now I’d like to get some tips for people who have no clue about station trading. I bought an alt with very nice trade skills. ive met people who trade on the side that made enough money to buy titan etc from it and still have more money then they know what to do with.

I know the general rule is buy low sell high. But what makes it worthwhile. Last night i saw an item that moved roughly 200 peices that day and the differance between the highest buy order and lowest sell order was roughly 30k isk and that didnt seem worth it to me, or am i looking at it wrong?

Is it a lot of little stuff that adds up? I dont want to go big right away since i really have no idea what im doing.

Any links/tutorials/info would be greatly appreciated.

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3 answers

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curious_4 [ Editor ]

When it comes to trading in Eve there are no general tips how to do it right… Personally, I’d always go for higher volume and smaller profit per unit than moving small amount of expensive items over long period of time.

Perhaps, the best tip is to observe what’s going on in game (read dev blogs announcing new features, read about player driven events i.e. hulkageddon or the latest ‘Burn Jita’ etc…) All that information should give you clues what will be in demand and where to invest your ISK.

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kannerfme

If you have 20bn you’re either doing something right or you have too much time on your hands (missions etc)

No one is going to tell other people how to make money because that will effectively lower their margins. If you’re not retarded you’ll figure it out.

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mitch1423 from United States of America

For long term investment:

Buy minerals and just wait for the price to go up. If you have good trade skills and you buy enough you could makes a couple hundred million each time you sell, but you might have to wait days or even weeks.

For shorter term investment:

I usually place a ton of buy orders on ships that are 0.01 isk above the highest buy price. When people sell one to me, I sell it at 0.01 isk below the lowest sell price. You’ll make the difference each time. The downside to this though is that you’ll have to update your orders regularly depending on what ships you trade. Plus you could potentially lose money if the price of a ship goes down a lot, but that is unlikely to happen fast enough for you to lose a lot of money.

For moving items between systems:

The only really profitable way to do this is to move ore or something else that isn’t available to a system with a ship with a very large cargo hold. This is what freighters are made for, but be careful with them as they are quite an investment by themselves.

Hope this helps you out. :)

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