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Logan Revelore
Symbiotic Systems
46
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Posted - 2015.03.15 23:27:57 -
[31] - Quote
Spud Lazair wrote:Logan Revelore wrote:Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet I spent maybe 30 minutes a day checking orders and playing the .1 isk game I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated. How long did it take you to reach 400m? difficult to say really as i have not been very consistant playing the alt if i had to guess i'd say maybe i spent less than 12 hours playing the alt spread over 4 weeks
If you make sure to scale your trade and move your activities as you move along, then your rate is good I think. If you continue doing the same all the time without scaling up, then you'll reach a plateau naturally.
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Spud Lazair
Hedion University Amarr Empire
46
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Posted - 2015.03.17 10:12:45 -
[32] - Quote
Do you base your buying on profit margins or demand, for example if am item cost you 300k and was selling for 340k and demand was high would you actually bother with that item for 40k or do you look for bigger profits in a less demanding product
"Accept that some days you are the pigeon and some days you are the statue"
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Noonian Enaka
White-Koga Association
3
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Posted - 2015.03.17 10:30:04 -
[33] - Quote
Spud Lazair wrote:Do you base your buying on profit margins or demand, for example if am item cost you 300k and was selling for 340k and demand was high would you actually bother with that item for 40k or do you look for bigger profits in a less demanding product
I do both tbh. If I can move a significant amount of said item in a short time that's all fine and dandy for me and I can live quite comfortably with 10-15% margins or less. I just checked eve-mogul and my best performing product was Fullerite in the last week where I moved several 100k in units. Per unit profit was small but I made about 200 million net profit from that Item alone with very little hassle.
With medium demad Items I try to get somewhere around 30% profit or more if possible. I do not have the capital atm to engage in large scale swing trades or ultra-high volume stuff like minerals. This char is manily used to plex 2 accounts and build up a small nest egg for further endeavours of my main.
Less demanding for me are some faction Items. You do not have to babysit the orders constantly and you basically just need to sit out the weekend swing where module price drops 10-15 million during Saturday/Sunday just to recover come Monday afternoon.
Prime example from last week the True Sansha Sasis Webifier.
Sells around 205ish million in Jita atm. During the weekend it dropped as low as 187 million with buy orders at 185 million. I just left my sell orders sitting and they all sold out by Monday evening. |
Vanadium Voxus
Rekall Inc.
6
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Posted - 2015.03.19 14:08:39 -
[34] - Quote
Zahara Cody wrote:First by flipping highly researched tech 1 bpos. Made enough to start flipping tech 2 bpos. Invested into PLEX and Alliance Tournament ships.
And finally, he moved to one-of-a-kind monocles... |
Valhan
Rekall Inc.
6
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Posted - 2015.03.19 14:08:39 -
[35] - Quote
Zahara Cody wrote:First by flipping highly researched tech 1 bpos. Made enough to start flipping tech 2 bpos. Invested into PLEX and Alliance Tournament ships.
And finally, he moved to one-of-a-kind monocles... |
Jax Kazen
Prometheus Deep Space Mining and Salvage
32
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Posted - 2015.03.20 19:46:49 -
[36] - Quote
Moving Ammo / Drones from main hubs to mission hubs - mark it up 15% and wait. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4888
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Posted - 2015.03.23 03:32:38 -
[37] - Quote
Jax Kazen wrote:Moving Ammo / Drones from main hubs to mission hubs - mark it up 15% and wait.
I tried that a few times (at least with ammo) and got burned and left the market.
Profits were nonzero but low, and a good deal of capital was exposed to changes in the ammo market (most notably, Crius killing off the price of T2 ammo).
Apanake at least had too much competition.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
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Bondor Zanphre
Union Rebels
1
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Posted - 2015.04.13 15:13:23 -
[38] - Quote
Know your audience, and what I mean by that is are you trying to trade in US, EU AU, RU time zones during peak server populations? When the most people are online that means the chances of the most traders are on as well. I try to upload orders or adjust orders during different times to find what works and what just won't sell during those times. There are small windows of opportunity to be had during small segments of time between the different time zones.
If someone buys 1 out of 1,000 items in your stack you've probably been added to a watch list so they can update an order after you log off. Rather than placing a large stack make the stacks small enough to sell so that by the time the competition checks their order they don't see yours staring at them. Look for orders that haven't been updated regularly.
I mainly buy in one area and haul to a different location for decent turnover. Spread out your stock so you don't focus on just one item that might fall overnight.
Sell pvp items that cancel each other for instance ecm modules to one faction and sensor boosters to rival factions in low sec. Low sec markets can be decent with turnover depending on the popularity of the region. Margins are great and wonderful but offering a fair price will go much further and farther trying to achieve your goals, user consumption increase in the region.
You can also increase the consumption of the region offering a price floor on an item, as other traders .01 isk the price well below yours. The item and region increases in popularity, sell items that assist or increase it's effectiveness. Then sell any of the left over items in the next region over just a bit higher.
When I'm selling in missions hubs with trade hubs nearby I camouflage my price so it doesn't draw .01 attention just a little higher than the lowest price at the main trade hub. When I sell in trade hubs I adjust pricing when the least amount of people are on. What goes up must come down, and when the pilots logon and see the lowest price, they buy.
If you're into speculative selling know that ores/minerals drop as supply increases during summer/vacation months as more pilots are active and mining. Barges/exhumers increase in price closer to July. Combat ship prices climb as well towards the ends of summer and spike in September according to market data history.
Train up remote trade skills to reduce travel time and border hop to stay on top of remote orders, very useful once a low sec market is stocked.
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Veine Miromme
Center for Advanced Studies Gallente Federation
15
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Posted - 2015.04.13 18:51:21 -
[39] - Quote
1. capital + 2. investment + 3. risk management + 4. avoid to lose ISK in unsure gambles +
5. use the capital to leverage a greater profit
6. use the profit to increase capital
7. use the larger capital to increase the profit exponentially
(yes, this maybe for everyone, not limited to : does he does this for everyone or, does he mean that everyone can do this?)
Oh + Cover your loses with profit. Don't forget where you did wrong and use your experience to learn from your errors to improve your result. Don't try to outsmart the market but rather, use the market smartly. |
Ibrahim Tash-Murkon
Societas Imperialis Sceptri Coronaeque
122
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Posted - 2015.04.13 19:05:20 -
[40] - Quote
Luthias Austrene wrote:Tear Jar wrote:Sequester Risalo wrote:Start a thread asking for an uncollatoralized loan of billions -> Profit Go with this OP. If you have an established trade history you are in a perfect position to ask for a 4b isk loan. Its a good way to get a one time isk boost. Speaking from experience, don't be surprised if you don't get it. In fact, you probably shouldn't even bother with uncollateralized loans unless you're feeling lucky.
The credit market is frozen. It used to be much easier to get a few billion on an uncollateralized loan than it has been in the past year or so. Too many bad apples I guess.
"I give you the destiny of Faith, and you will bring its message to every planet of every star in the heavens: Go forth, conquer in my Name, and reclaim that which I have given." - Book of Reclaiming 22:13
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Aluka 7th
189
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Posted - 2015.04.14 07:44:15 -
[41] - Quote
Ive started with missions and trading turrets between hubs. That helped me learn all weapon stats and got me first bil.
Then I moved to manufacturing items. Started with Tech I items that were used and lost a lot like drones, drone mods, mining crystals, POS modules, warfare links and various tech 1 modules.
After that I "upgraded" to capital mods (capital armor reps, guns...), fighters, bombs, bubbles, XL ammo and Tech 2 components for subcaps.
Then I moved to rigs (Tech I only) which I expanded to bulk production of 5000m3 worth of rigs per day (2011-2014). Even supplied some alliances with rig packages like weekly I sold 10000m3 of combined medium/small rigs to RvB. Send similar loads to 0.0 where other people resold them for good markup. In highsec I've supplied Amarr, Dodixie and Rens. At the end I produced all rigs of S/M/L size in T1 version and 50 types of XL size in T1/T2 versions and supplied people, mostly resellers, in bulk packages. I gave up good part of the profit so I don't have to play ISK cents.
Now I don't do anything much, mostly steal Gods days and spin ships in Jita :)
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