[ECONOMICS] ECONOMIC GUIDE + DAY TRADING GUIDE

With the Price Fluctuation happening within the market, I'd like to share how I day trade and earn whenever possible.

SETUP

1, Have the WarEra app in your phone, this is very crucial so you can setup your notification and be updated WITHOUT LOOKING AT THE CHART 24/7.

We. Touch. Grass.

2. To Feel the best effect I suggest reaching AE Lv 5 on atleast 6/8 Companies (whichever you prefer) AND prepare an additional 500 coins, this will act as your Capital for your passive income.

How to Achieve 6/8 - Companies:

https://app.warera.io/article/69998fd7d87267cb1de203d7


3. This setup can be done in both HYBRID AND ECO build.

superbly effective in ECO, and you wont even feel the lost of Production Stats (Production/Energy/Entrepreneur) when you have this setup in Hybrid.

FINDING THE BUY POSITIONS

ECO PRODUCTS

- BOTH STEEL and CONCRETE

price is affected by the situations of the Top most populations, you can easily look it up, but we can easily check the top 3 (I recommend checking top 10):

1. https://app.warera.io/country/6813b6d446e731854c7ac79c
2. https://app.warera.io/country/6813b6d546e731854c7ac845
3. https://app.warera.io/country/6813b6d546e731854c7ac858

Price Decrease Conditions:
- If They're FIGHTING for their cores AND
- If They INITIATE the war

FINDING THE SELL POSITION

- BOTH STEEL AND CONCRETE

Price Increase Conditions:
- If They're not fighting for their cores AND
- If They DID NOT INITIATE the war

Babyboom - Expect an increase in the next 2 weeks should they be guided properly by their veterans that THEY SHOULD GO ECO BUILD FIRST.

- CONCRETE OR STEEL

price is affected by the situation of the country with the most production bonus:

STEEL - (Old: https://app.warera.io/country/6813b6d546e731854c7ac832) (New: https://app.warera.io/country/683ddd2c24b5a2e114af15c3)
CONCRETE - https://app.warera.io/country/6813b6d446e731854c7ac7ae

Price Increase Condition:
- If they're losing their SRs OR
- If they've changed their Specialization OR Ethics

- (CONCRETE EXCLUSIVE) If a new top competition suddenly shows up, people will need concrete to transfer their companies.

SPREAD YOUR BUY/SELL POSITIONS BY +/- 0.04 | 0.06 | 0.08

If you've read the conditions and you're expecting a decrease in price, steadily place a purchase at staggered prices.

Ex:
- Steel Price @ 1.64 right now
- You've seen the conditions and you think it will go down.
- Set Buy Positions at
1.6 (150 coins) | 1.58 (200 coins) | 1.56 (150 coins)

- Everytime One Position is hit -> set an opposite sell position.

Rinse, Repeat.

FINDING NEW MARKET CONDITIONS

Supply and Demand is the first indicator, more players more demands for upgrade, more fighters, more demands for food and so on and so forth.

https://app.warera.io/user/6813b758efecdf9bab195068 is the Second Indicator, if he buffs health, people will hoard food, if he buffs armor, people will buy armor, if he nerfs crates, people will sell crates.

so make sure you're subscribed to him.

Politics is the Third indicator, Alliances and blocs are building up, within them are countries specializing certain products, always map them out.

If you're wondering why I've only shared this now, It takes experience to know how consistent the indicators i've presented as an example in this article.

AND

If you're wondering why would I even share this at all.

I like the game
I like reading articles
I love to read your thoughts in the comments below.

Cheers!