Step two:
Become familiar with the market.
This is not actually so difficult but it is time consuming and, possibly, tedious. It depends on your perspective. As there is no set price that a player will sell for, you have to get good at making educated guesses. The more players you see sell, the more you will have an idea. There is the Transfer Price Estimate, which is a good place to start, but it isn't always accurate.
Furthermore, if you're actually going to Day Trade, you have to consider that the sooner you sell, the larger percentage you lose in transfer fees. I believe the immediate fee is 20%.
Some points to consider:
* Research and learn one type of player at a time. By type, I mean point guards with salary between 10-15k, or shooting guards with at least prominent in jump shot, outside scoring and outside defence. Once you feel comfortable with a type of player, add another type. It's too much for your brain to handle if you try to get a grasp on too many types of players at once.
* When bidding, wait until the last 10-20 seconds. Don't leave it until the last 5 seconds, because I have found on several occasions that with 5 seconds to go, the server can't react in time and the time to bid is over. Be warned that bidding in the last minute really annoys some managers. I recommend they somehow take this aspect out of the game but, for now, it is a strategy to win, so use it.
Last edited by Axis123 at 2/1/2012 8:31:54 PM