Loss and Profit

Sometimes it may be necessary to take a loss in order to make a profit when daytrading high volume goods. If you tie up all of your ISK in goods but the market swings the sell price below your purchase price you can do two things. You can hold firm to your price and wait for the market to come back up, which can take months sometimes, or you can take a small loss and sell a little lower. This frees up your buying power so you can readjust your buying strategy and keep trading. Before you know it you will have recouped your losses and will be back in the black.



If you are not willing to take the short term loss then it is suggested that you keep enough ISK in reserve to continue trading even if prices fluctuate.



Topava, our trade reporter in Jita, suggests investigating cross regional trade of various Cloaking Devices.