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then buy a trade licence in curacao (308 doublons for 20 days) and buy in the south main (maracaibo, caracas, cumana, and why not san jose) products (coffe, chocolate, coton etc) that you will sell in willemstad. the travel betwen this part of the main and curacao is very quick.
you can also buy coffee in Martinique and sell it for a good price in curacao to.
and at bluewield you can buy ebony witch can be sell for good profit at jamaica or in portobello.
but again you must have the 3 commercial skill. without the skill you wil hardly make profit.
-Coffee, Cocoa, Tobacco, Sugar, Cotton, Leather, Ebony, Mahagony, Vanilla, Copra and Paprika.
Most of these goods can be bought for lower price on Guadeloupe and Martinique if you don't want to buy trade license to visit Spanish ports.
Willemstadt is the best town to sell stuff as it has maybe 10 commodities in peach.
2. St Christopher, WIllemstad, Jamaica, Havana, Porto-Bello & Isla del Tesoro have warehouses in shipyards (store for Sharptown). You can store you cargo there while waiting till store in town has as few of said goods as possible since the price will be higher. Store goods from boarded ships for some days to make them "legal" so they can be fetch a better price.
3. Lighthouse keepers may offer some goods for a very low price that can be resold for a nice profit.
later on, once you can really haul cargo, go to blueweild, the MAKE the ebony/mahagony, so they will alway usually have some in stock. sell it at st christ. again, and make bank, i made my first 1.5M in 3 trips, filling up some heavy frigates. its a long haul though as its across the map, but good money to be had.
late game, dump your cash into banks, and let it gain intrest.