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ok, i will start off by saying that i understand that no good trader will ever divulge his/her secrets to making isk, but all im looking for is a couple of tips.
for some backstory, i started out with 400mil capital, after my first week or two of playing as a newbie alpha clone (exploring in null sec with the occasional pvp). i hear that trading is a good way to up your income past 100m/hour, so i tried it.
i tried station trading at jita(which was so boring and even if i succeeded netted me about like 5 million, other than that i mostly lost money due to taxes) i downloaded eve trade space (which didnt calculate in perimeter buy orders which really sucked) created spreadsheets to calculate profit, but in the end it was so much effort just to scrape up a 5-10 million profit after hours. or on bad days losing money coz of broker, sales and order modification taxes.
i tried arbitrage (from amarr to jita and back), made no money, in fact i think i lost ahout 1-2 mil after a few runs and was so perplexed cos it was not an issue of thr buy orders being filled before i had gotten there, but the sales taxes that screwed me over.
having spent 3 days staring at graphs, remaining hopeful that i can start to gain traction despite the earlier setbacks which i know that every new trader encounters whrm starting off. however, i really dont understand what i am doing wrong/right, is my starting capital too low? is jita just too competitive to trade in? should i be doing a totally different thing? idk man i just need some tips and wisdom
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