I don't understand trade

here's how I do it. It works for me but YMMV.

I start looking for a trade route by scanning systems in the galaxy map. At this point I'm looking for appropriately positioned economy types that may have a profitable trade between them. I try and avoid back and forth trading, looking for a place where there is probably a circular route with at least 3 legs. I regard more legs as a good thing because it reduces my impact on individual markets making big hauls, since I'm visiting each market less frequently.

When I've found a few candidates like that I'll buy system data if I need to in order to look at the system views. At this point I am not looking at pairs of systems, I'm looking at pairs of stations. In particular, systems where there are stations with different economies are a positive for me, because there's a good chance of finding a nice insystem trade or picking up a profitable route with something that wasn't obvious. I'll refine down my list of candidate routes to two circuits at the most using this info.

It's while I'm picking my two best potential candidates that I look at the trade data in the galaxy map. I regard indications of heavy trading, in commodities that I could predict from the economy types, as a BAD thing. I consider that an indication of a probably saturated market and low margins or losses "trailing the trend" like that.

With one or two "good" potential candidates, I'll pick the best looking one and go there then fly it empty, looking at prices and seeing if the route is viable. At this stage I might edit the route, if one leg isn't going to work out I might delete a station from the route or look for a nearby alternative. The important factor is that from the in-game data I'm identifying stations where something can be profitably traded but I'm not deciding exactly what or investing any credits in it until I've been there to check it.

After I've found a good route I grind the heck out of it until the margins start going down. Using this technique it usually only takes me 15-20 minutes to find the next one.
 
Oh yeah, and your best friend will become a smartphone or tablet with a camera so you can take shots of the market, much easier than writing them all down, and less faff than screenshots and alt tabbing :p
 
I don't mind not min-maxing, that's fine. My issue is that my best information nets me about... 50k an hour at best? Meanwhile, there are others raking in over a million credits an hour. I don't want to min/max, I just want to know what I'm doing wrong and, at the moment, the game doesn't display the information well enough to show me what I could be doing better.

That is to say Elite doesn't do a good job of progressing my own personal skills at trading, since I either don't know what to look for and, the few times I think i've cracked it, I run into a bugged Trade route.

Just my 2p.

Find a route where you only need to jump once, its quicker that way. Start low and maybe do a few missions till you get money. Invest money into bigger cargo holds so you can take more at once making more money. Try to get a route where you buy at A, sell at B, then buy B and sell at A.

Currently my nice run is in silver only. I did have a nice Eagle spare that I was able to sell though to get some cash, then got more and more storage so more profit each run.

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Oh yeah, and your best friend will become a smartphone or tablet with a camera so you can take shots of the market, much easier than writing them all down, and less faff than screenshots and alt tabbing :p

Or run in Windowed mode and use something like Snagit for the screen grabs. It's what I've been doing :)
 
There is a real problem here guys.
The in game tool is broken/backwards.
This tool used to work like a charm, with new pilots being able to use it for both trade and to find where to buy things for the bring me xxxxx missions.
Right now, this tool is probably less reliable than tossing a coin.

How are new pilots going to view the game if the simple things like this trade indicator don't even work?
You can do things the hard way, like the good old days, with pen and paper, but there is an in game tool which is broken.
The trade can flow which ever way it likes, this isn't my point, but there shouldn't be an in game tool telling the exact opposite to what is actually going on, it's misleading to established pilots, let alone new ones.
 
I'm also going to add, you can use Slopys tool, but in my case, when I alt tab out of the game and then go back in, my sound goes stuttery, so I can either live with broken sound, or broken market. I can't stand broken sound!

Beta and Gamma days, I used to pick something up from one station and take it where the trade lines indicated and make money. This method used to see me blazing across the galaxy. Now, I'm stuck in one place, going backwards and forwards because it's the only way to make money reliably. This to me says trade is broken.
 
slopey and thrud site are good tools and I've used them but wont help in some cases as I've found the data isn't always accurate or is lacking completely for some systems especially deep in empire space. Some is false data submitted which is obvious as crazy/weird prices and stand out so easy to ignore. Guess from people not checking their ocr matches I guess before submit but the tool/site authors trying to improve collaboration by upping numbers for submit but this leads to less results in some sectors with less than 5 recent entries etc.

Also prices change regular especially with high volume trading I've found so some recent data can be way out but older stuff more so. Only reliable way I found is using eliteOCR and taking my own screenshots for each station I visit, or at least the promising trade ones. You can then process with eliteOCR, comb over results quickly to make sure get good matches or trust automated if you feel lucky. Then you can trust it and export to Tradedangerous which supports stuff the others wont like multihop trade triangles not just 1 way or bi directional linear routing. Update your data regular-ish and you know it is current and totally trustworthy. I found it easy to make a whole lot quickly like this shifting high values like metals.
 
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I've never used slopeys only thrudds elite trading tool, I have two screens 1 on the game 1 on the trading tool - the rubbish about data scraping is just that, it was banned months ago - all information on both tools is crowd sourced, thrudds even tells you when the data was last updated so a high price posted 10 days ago needs investigating before relying on - like you I found the alt tabbing immersion breaking so I got the second screen, for me personally it feels entirely natural to dock, update the prices on thrudd and then calculate a new trade route - i find it totally ridiculous for people to say booooo thrudd is cheating but if FD write something similar it's perfectly fine.

If you want to learn to use the Galaxy map properly then maybe use a third party tool to find a good route and then use the Galaxy map to verify this route and find out why the third party tool shows it as a good route, learn about the different economies and exploit those routes, and then like learning to ride a bike, check your own route against the third party tool to see if you got it right and then eventually you will be able I drop the tool - think of it as a training device
 
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