A while ago I decided to start up a trading character. Seeing that a lot of people seem to make most of their ISK from trading. I also decided to no longer sell my manufactured goods to buy orders (I know it’s horrible that I even did it!).
Now we’re a bit further in time and my trading character is doing, okay. He’s not doing great, but it’s definately not bad either. I gave him a few mill to start with, and he currently has a tenfold of the starting amount.
Which I don’t get, at all. Why? Well I still have no idea what I’m doing, I’m just winging it, the whole buy low sell high thing works, but I have yet to figure out the goods to trade and the why behind of it.
Which I don’t get, at all. Why? Well I still have no idea what I’m doing, I’m just winging it, the whole buy low sell high thing works, but I have yet to figure out the goods to trade and the why behind of it.
Well I think we all know the why behind of it, but it makes no sense. People are lazy. That is the only reason that some make a lot of money on them. It’s easy, people don’t want to spend their time jumping around to get their goods, they want one point where they can get them.
The perfect example for this is Jita, everyone knows that if you need something, Jita is more than likely the best place to find it. And it’s true, you will find it and chances are you won’t find it anywhere cheaper nearby. I’m guilty of doing this myself, I go to Jita when I need something, but I live 4 blocks away from the hub.
I’m still searching for the right combination of buying and selling though, right now I’ve just been lucky, scouring the markets for something to buy I suddenly find sell orders that go for way too little, I buy them, relist them and blamo, I’ve got a profit margin of 15-30%. It’s not that hard a job either.
But it does take time, especially when you haven’t got a focus point yet, as I told you earlier, I’m winging it. So I’m not doing one set of items, I’m looking at EVERYTHING. And that’s a lot of items, too many even.
Despite the fact that it works, I’m not doing that anymore, I currently have 100m on the trading alt, and I’m searching for the right investment to put it in. I hate browsing the market for hours 😉
Stay tuned o7