A4E features now a margin finder, meaning a tool that lets you find items with an attractive difference between the highest buy and lowest sell order. Of course offering versatile filters as you’d expect from A4E.
I’m more a relaxed long term trader buying low and selling sometimes 200 days later for nice profit, updating orders once a week.
But you can also play the market “intra-day”, where you use the difference between the buy and sell price. Thus set a buy order and keep it at the top. All items bought are immediately placed into a sell order and also kept as lowest order. Thus within a few hours dependent on how busy the item is traded you can make a tidy profit. You “just” need to battle the other market warriors.
How it works
The margin finder is simple: It calculates the potential profit via the spread of buy and sell price of all items in a station or region, deducts the configurable fees and taxes, sorts the list by profitability and returns the top rows.
Of course you can freely select the location you want to search for these items. This can either be a region, station or structure.
You can configure the broker fees and the sales tax that should be applied.
And you can apply different filters to limit the results:
- Type category or type group or market group
- Maximum buy price, because you might not have the money to buy a titan blueprint
- Minimum performed trades (7d average), since there is no point selecting items where the buy or sell orders are not filled
- Minimum traded ISK, since the small fish are for beginners
As mentioned above, I’m not a margin trader. But I tried it today to see if the tool has any worth.
I used an alpha-Alt with just 50M ISK in the wallet. I upped the default filters to show only stuff that has at least 100 trades per day and a traded value of 1 trillion in Jita. Of the returned items I selected the “Stasis Webifier II” and the “Drone Synaptic Relay Wiring”.
Next I placed buy orders at 940.000 and 10.000 respectivly in a “offshore” structure at 0.3% fee to save some broker fee. Over the course of 5 hours semi-actively updating the orders I aquired 13 Webs and 1000 Wirings. In total I paid 22.451.101 ISK for these. Furthermore during that time I paid 1.503.018 ISK in Brokers fees (including the later sell order brokers fee at 3%).
I was able to sell all of them. The last 31 wirings took ages, wouldn’t select that one next time. I gained 47.009.204 ISK. I paid 940.180 ISK in sales tax (2%).
Thus in total by using the margin between buy and sell orders in Jita with commodities suggested by the margin finder I was able to make 22.114.905 ISK profit and nearly doubled my invested money within a day. I’d call that a successful test and no ISK-doubling scam was involved.
As always, eager to get feedback or further suggestions.