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Location trading sux. Time trading rules.

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Author	Thread Statistics \| Show CCP posts - 0 post(s)
Ms Delerium	Posted - 2009.05.18 11:57:00 - [1] I buy WHEN low and sell WHEN high. it's easier than buy WHERE low and sell WHERE high. open your mind and your isk will follow you
Ji Sama Caldari Tash-Murkon Prime Industries	Posted - 2009.05.18 12:00:00 - [2] they need to do way instain mother! Quote: The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
Estel Arador Minmatar Estel Arador Corp Services	Posted - 2009.05.18 12:00:00 - [3] Originally by: Ms Delerium I buy WHEN low and sell WHEN high. it's easier than buy WHERE low and sell WHERE high. open your mind and your isk will follow you Good for you. FREE! jumpclone service - over 200 locations!
Kwint Sommer Caldari XERCORE Cult of War	Posted - 2009.05.18 12:02:00 - [4] Congratulations, you've discovered that trading is usually more profitable than hauling. Why did this warrant a new thread?
Roger Kiyosaki	Posted - 2009.05.18 13:53:00 - [5] If you plan on making this forum your weekly blog then at least post something different every now and again, mmhkay?
Dzil Caldari Second Quadrant Ice Division	Posted - 2009.05.18 19:40:00 - [6] Originally by: Kwint Sommer Congratulations, you've discovered that trading is usually more profitable than hauling. Why did this warrant a new thread? Pfft - don't tell the haulers, they like to think of it as I'm creating jobs.
James Tundra	Posted - 2009.05.18 20:01:00 - [7] I'm not so sure I completely agree with that. Time trading is great, but if it takes you a week to turn something over because you are waiting for the price to flucuate, I can haul something from Jita or frmo a trade hub, earn a smaller margin, but do it 3-4 times a week, while you're waiting for your first trades to fill.
Pang Grohl Gallente Sudo Corp	Posted - 2009.05.18 21:28:00 - [8] Originally by: James Tundra I'm not so sure I completely agree with that. Time trading is great, but if it takes you a week to turn something over because you are waiting for the price to flucuate, I can haul something from Jita or frmo a trade hub, earn a smaller margin, but do it 3-4 times a week, while you're waiting for your first trades to fill. It's just a question of effort vs time. If you can get better payoff for your effort in other areas, it makes perfect sense to allow time to make your trading fruitful.
James Tundra	Posted - 2009.05.18 21:48:00 - [9] Not really. It takes 30 seconds to set up a courrier contract, and probably 5 minutes to list the items. You can time trade and location trade at the same time. You have to do what is the most profitable for your time, and eliminating hauling or setting courrier contracts, just makes my trading more profitable.
Selene D'Celeste Caldari The D'Celeste Trading Company Cry Havoc.	Posted - 2009.05.18 22:34:00 - [10] Originally by: Ms Delerium I buy WHEN low and sell WHEN high. it's easier than buy WHERE low and sell WHERE high. open your mind and your isk will follow you I really try not to comment on other traders very often. But you're really bad at what you do. You are to trading what a carebear AFKing in a 6B ISK ship in lowsec is to pvp. Please stop posting.
Ji Sama Caldari Tash-Murkon Prime Industries	Posted - 2009.05.18 22:44:00 - [11] Originally by: Selene D'Celeste Originally by: Ms Delerium I buy WHEN low and sell WHEN high. it's easier than buy WHERE low and sell WHERE high. open your mind and your isk will follow you I really try not to comment on other traders very often. But you're really bad at what you do. You are to trading what a carebear AFKing in a 6B ISK ship in lowsec is to pvp. Please stop posting. you should lower your rakes imho, and also tell your staff that childeric is my alt :p Quote: The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
Tasko Pal THE IRIS Intrepid Crossing	Posted - 2009.05.19 04:01:00 - [12] I've traded both ways. I prefer location trading because turnover is generally faster. I use contracts to handle virtually all hauling. Even if I didn't, it's not that hard to have a hauler moving high sec stuff in the background. Occasionally, I do "day trading" where I'll trade in station some high volume good with a decent spread (with the intent to hold none of the good when I'm done).
Black Mack	Posted - 2009.05.19 06:11:00 - [13] I haven't invested a lot of time or research into time trading, but I imagine that it's a great way to invest isk when you've got enough capitol that you can't efficiently invest it all otherwise. Location trading is a higher paced, more active form of trading. Time trading is a passive form of trading, good when you've got enough money that you can afford to have billions of isk worth of assets chilling out for a while.
Confuzer Volition Cult The Volition Cult	Posted - 2009.05.19 11:50:00 - [14] A true trader isn't in some off the markets, a true trader is in all. - Unknown 2009 ----------------- Destiny is not a matter of chance. It is a matter of choice. It's not a thing to be waited for - it is a thing to be achieved.
Kazzac Elentria	Posted - 2009.05.19 12:07:00 - [15] It doesn't quite warrant a face palm....but I don't even know where to start
Ghengis Tia	Posted - 2009.05.19 14:34:00 - [16] Originally by: Confuzer A true trader isn't in some off the markets, a true trader is in all. - Unknown 2009 ^^This^^ I bought a s-load of zydrine in Jita for 1600/unit, when zydrine was selling for 2150 in Tash-Murkon. It is now selling for a bit over 1700 in Tash, so I'm sitting on 300m worth of zydrine. Not a problem, I'll sell it eventually, but at the time it seemed to be a good move. Rather than research the volatility of the zydrine market, I jumped in at what I perceived to be a lowpoint in the sell price. I was right about that, but wrong about the longevity of the the high price it was selling at elsewhere. I traded furiously for about 6 months shortly after I started playing to get an Isk stash, knowing that it would be the basis of my Eve future. I always keep my eye out for a good deal and a ripe opportunity, as does every trader. I wouldn't get caught up in saying any method is superior to another, but you do have to be flexible and keep an eye on the market at all times.
Selene D'Celeste Caldari The D'Celeste Trading Company	Posted - 2009.05.19 23:48:00 - [17] Originally by: Ji Sama you should lower your rakes imho, and also tell your staff that childeric is my alt :p There's absolutely no need to, and you just have to be clearer about who is paying/playing when you deal with the bankers =P
James Tundra	Posted - 2009.05.19 23:54:00 - [18] Originally by: Ghengis Tia I bought a s-load of zydrine in Jita for 1600/unit, when zydrine was selling for 2150 in Tash-Murkon. It is now selling for a bit over 1700 in Tash, so I'm sitting on 300m worth of zydrine. Not a problem, I'll sell it eventually, but at the time it seemed to be a good move. Rather than research the volatility of the zydrine market, I jumped in at what I perceived to be a lowpoint in the sell price. I was right about that, but wrong about the longevity of the the high price it was selling at elsewhere. I traded furiously for about 6 months shortly after I started playing to get an Isk stash, knowing that it would be the basis of my Eve future. I always keep my eye out for a good deal and a ripe opportunity, as does every trader. I wouldn't get caught up in saying any method is superior to another, but you do have to be flexible and keep an eye on the market at all times. Which is why you need to look at the market and not the prices. For example, Pyerite in Hek is selling for 4.70 a unit, with volume of 200,000,000 units a day. Should I buy all the pyerite in New Eden and sell it in Hek? No. Looking at the dochian channel we see the highest price in the channel is roughly 3.99isk/unit. No where near 4.70. I can move a lot of pyerite at 3.99isk/unit, how much can I move at 4.70? Not so much. And likely someone is going to come in within the next couple of hours, and put a sell order at 4.10 for 100 million units, and I cant sell 500 units at a time for 4.70 anymore
Kitchie Gallente Kitchie's Logistics and Marketing Corp	Posted - 2009.05.20 04:14:00 - [19] Edited by: Kitchie on 20/05/2009 04:15:04 A day in the life of trader Buy, sell, buy, sell, wonder why you bought, wonder if you'll sell, adjust price by 0.01, adjust price by 0.01, adjust price by 0.01, wonder why you're playing a game that's such hard work! Rinse and repeat.... Dynasty Banking - DBANK
Fat Buddah	Posted - 2009.05.20 06:18:00 - [20] Can't tell you what and where but: I buy stuff from a high sec station, haul to a neighboring high sec system (1 jump!), sell at double the price, and still get my sell order filled up within a day. Waiting for right time is very good, but when you find a right place it is also good. The combination of the two is even better.
Teras Menac Gallente Action Inc.	Posted - 2009.05.20 17:26:00 - [21] Except Hauling doesn't require much effort.
Tasko Pal THE IRIS Intrepid Crossing	Posted - 2009.05.20 17:29:00 - [22] Originally by: Confuzer A true trader isn't in some off the markets, a true trader is in all. - Unknown 2009 Huh, I prefer being a "fake" trader with a higher profit margin myself. Specialize! More risk, more reward, and you cut down on the amount of research you have to do. If your area of specialization sucks, then specialize in something more attractive.
Tasko Pal THE IRIS Intrepid Crossing	Posted - 2009.05.20 17:31:00 - [23] Originally by: Confuzer A true trader isn't in some off the markets, a true trader is in all. - Unknown 2009 Huh, I prefer being a "fake" trader with a higher profit margin myself. Specialize! More risk, more reward, and you cut down on the amount of research you have to do. If your area of specialization sucks, then specialize in something more attractive.
Dzil Caldari Second Quadrant Ice Division	Posted - 2009.05.20 18:20:00 - [24] Originally by: Ji Sama they need to do way instain mother! Is this like double the killer delete select all? I really don't follow... In EVE, when someone undercuts you, they're a lemming. When you undercut someone else, it's skill/effort/manipulation.

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