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Article
10
A Merchant of the Margins
Posted 1 year ago by
Sermokala
Hello there. In this article I will describe what I did this last week and a bunch of things every board ambitious e-sim citizen.
The topic of this article is commodities trading and my thoughts on the information I collected.
The short story is that I made 2g off of 5g in 4 days. That’s a 40% profit and I'm going to tell you exactly how I did it.
Think Like this
Important points to get across: I did my trades in a rizon irc channel called #strade. The way this channel works is people offer to sell or buy something. All deals are done in gold as it is an international non alliance binding trade channel. Most if not all of my deals were done with foreign people mostly Poland but Chinese, Croatian,Turkish, and a Portuguese citizen.
Most communication with other people will boil down to numbers and grunts of yes no buy and sell
An important thing to remember is that all investment strategies gain money slowly. A 40% bump in 4 days sounds like a lot but you can not think of that. Making 2.5% on a trade is fantastic to me. Also e-sim has the fantastic feature of contracts, making exchanges no risk and no cost for that safety.
So I started out with 5g. The most important thing to remember is that you want to buy low and sell high. This means connected the sellers to the buyers, while making a little margin for yourself along the way. What I flipped at the beginning was q1 weps. I got my hands on some at 0.018g each and sold them to a Chinese military guy at .019 each. After that finding cheap q1 weps became hard to find trade too much in those. After that I became a large buyer in raw materials. Iron and then Diamonds became my calling card. A really amazing trade is buying a bit more then a thousand iron for .0048 and then trying to sell it off for .005. This almost never happened but making trades and flips is a priority to keep up on the good deals and staying in the market.
The next thing that I learned to keep an eye on is finding other markets. You have to translate gold prices for things into the local currency price for things. America keeps a peg on its currency, this means that the government trys its best to keep the price of its currency in relationship to gold at the same. This is to create a bit of stability for you the citizen and for business's. The current peg for the eusa is 50 USD to the G. This means that a piece of gold is worth between .24 and .25 USD or a q1 weapon is worth between 1 and 0.9 USD. Again a commodities trader is the merchant of the margins.
If the numbers start talking to you do not be alarmed, find help and do not do what they say
Now in the event that you've read this far there’s a few things you need to keep in mind if you want to be successful.
1. Don't go full try hard on this, no one is going to buy your iron or diamonds for .0055 and no one is going to sell you that iron at .0045. You make your money on volume and small margins.
2. Don't burnout, don't constantly check #strade and ask everywhere if people want to buy stuff or sell stuff. Dropping a few hints is fine to get a couple contacts but even then give them a better deal if you know them. Friends are worth more then any amount of money.
3. Don't feel pressured, never be afraid to walk away from a deal if you don't want to and don't be afraid to take a small profit to secure a deal with someone. You'll have money with work yeah but at the end of the day you're doing this for fun and to make a little profit.
At the end of this article I'd like to give my thoughts on what I've learned. RM companies are pretty good, but they require a sizable investment to be competitive as the companies increase in production amount as its upgraded. The different RM's are surprisingly competitive with eachother. Iron and diamonds are better then grain and oil but with effort and capital you can make money in any field. The manufacturing fields are diverse as well. The good old q1 weapons company is the best investment and they are always in high demand and iron is likewise well supplied for this. Q5 weapons are a sellers market. Tanks want them for battle hero metals as well as nation states want them for the critical damage they need to turn battles. Anything in between is a niche market and you should prove to yourself that you can make money in that market. Food is weird to me in this game. Other then q1 anything goes and anything can be profitable I think.
Pleasure doing business with you.
next article:
Why Every new player should join a Military unit. (1 year ago)
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09:14 21-5-2013
1369127691525
Premium account
(1 year ago)
Good article. V+S
She's an Evil Enchantress!
She does Evil Dances!
If you look in her eyes;
she'll put you in trances!
And what will she do?
Cook up an Evil Brew!
And gobble you up in a bit tasty stew!
Sooooo...
WATCH OUT!!!
(1 year ago)
the good ol money man