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Talk:Trading (Profession)

Article Discussion View source History

For anyone that doesn't know what "going/being long" or "going/being short" means:

Short-selling (going short) is prevelant in real life stock exchange, like the NYSE and NASDAQ, wherein a trader sells shares(or items) he doesn't have, betting the price will go down so he can buy them back at a lower cost. This is highly speculative; the trader has an unlimited loss potential; the price of shares can go toward infinity.

Going Long is your basic market mechanic, and it is what most people are familiar with (your 401k). Being long involves buying items and betting the price will go up so you can sell for a profit.

Recommendation for restructuring the article

I would recommend applying a new organization to this page to make it more readable and easier to navigate. Here is a comparison of the current organization with a proposed restructuring and mapping of most current subsections:

Current page organization Suggested page organization
  • 1. Types of Trading
    • 1.1 Inter-regional
    • 1.2 Intra-regional
    • 1.3 Speculation
    • 1.4 Reprocessing arbitrage  
  • 2 Trading
    • 2.1 Time is money
    • 2.2 Size matters
    • 2.3 Regional differences
    • 2.4 Skill to survive
    • 2.5 Expand and learn
    • 2.6 Fit the best
    • 2.7 Isky business
    • 2.8 The market
    • 2.9 All or nothing
    • 2.10 Don't be a deadhead
    • 2.11 Still to come...
  • 1 Methods of Trading <-- Simple renaming of section 1
    • 1.1 Inter-regional <-+ 1.1 & 1.2 could be expanded as separate pages  
    • 1.2 Intra-regional <-+ expanded pages should incorporate section 2.3
    • 1.3 Speculation
    • 1.4 Reprocessing arbitrage
  • 2 Profitability <-- Added section to present common themes of the article
    • 2.1 ISK per ISK <-- Portion of 2.7
    • 2.2 ISK per hour <-- Portion of sections 2.1 & 2.2
    • 2.3 ISK per m3 <-- Portion of sections 2.1 & 2.2
  • 3 Requirements
    • 3.1 Time <-- Formerly section 2.1
    • 3.2 Capital <-- Formerly section 2.7
    • 3.3 Skills <-- Formerly section 2.4
    • 3.4 Equipment <-- Formerly sections 2.5 & 2.6
  • 4 Best practices
    • 4.1 Research first <-- Formerly section 2.8
    • 4.2 Fill the hold <-- Portion of 2.10
    • 4.3 Profit on the return <-- Portion of 2.10
    • 4.4 Sell in bulk <-- Formerly section 2.9

Pointless after NPC-Tradegood nerf

The trading profession is now completely pointless without the NPC Orders, so this page should either be cleaned up so it makes sense again or deleted.

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