WE ARE DONE FOR TODAY LET THEM ALL SELL!!!!
Our first trade was a success. I made about 300 Million ISK from the Faction Scrams and I hope a lot of you guys did just as well or better.
Our second trade didn't quite work out, there was far more supply than I anticipated. The more we raised the price, the more supply flooded in. Lesson Learned. If everyone is patient and just tries to sell a few of the EANM's per day, they will probably break even on this trade.
I put 3 billion ISK into our second trade to try to hold the prices up for us, but I was still losing ground the whole time.
Small Low Volume Items that are hard to find work better than large volume items. Therefore we are better off doing lots of small items over just 1 big item.
Next, we need to not be quite as greedy in our moves. Raising prices so drastically encourages other traders to dump their supply instead of just raising their price along with ours.
I think based on what we saw we can refine our strategy and do better next time. I will plan to do it again next weekend but with lots of smaller volume items. Then we will knock them out one by one.