Station Trading: Smell The Adventure

Welcome to Fringe Eveonomics!

There are a few reasons as to why I wanted to start this blog.

I have been buying plex to support three accounts for about a year now.  To earn that isk I have run reactions in low sec, PI in low sec and in a wormhole, mined in null and hi sec, and have done a some L4 missions.  Through those activities I have not given CCP one red cent since my six week hiatus from a year ago.  Not only that, but I have had enough isk left over to buy module to keep up my PvP character's hangar.  Most of the mining I do builds his ships.  I have not gotten rich doing this, but I get to play EVE for free and experience a great deal of the game including all the on-demand small gang warfare I desire in faction warfare.

However, there is one area of EVE I have been wanting to get into since I began playing a little over two years ago, and that is market trading.  I have a character who was destined for this, but he is far too important to my PI operation to bring out of the wormhole (he's also my primary scanner).  I have been dabbling in trading with my hauler who has decent trade skills, but it is far too inconvenient managing orders with the amount of travel that is required for a wormhole hauler.

So today I began a trial account for what I plan on being my permanent market trader.  He will train up to max station trading skills and will manage a portfolio of trade position and assets in Jita 4-4.  The initial capital investment will be around 1 billion isk, which will be used to establish various orders in market sectors I want to trade in.  I believe I have enough experience with PvP and industry to competently trade the selected market items.

I have traded stocks in real life using level two information (before real life market bots took over).  My recent experience in station trading reminds me a lot of what I did with stocks.  Even though my day trading is behind me, I still watch a lot of CNBC and know a decent amount about reading charts.  I also know how much knowledge I'll need to gather to trade intelligently. 

The overall goal of this operation is to turn it into a cash machine, yielding a billion isk a month.  That's enough for two plex.  My goal the first month is half that amount.  My goal for the blog is to document my adventure establishing my portfolio.  I think I have a solid few months in me before things get stale.  I may also use it as a platform for other areas of EVE not typically covered by blogs.  I could also use it as a sounding board for my opinion on current events in the game.   

So welcome to Fringe Eveonomics.