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Frenchname
University of Caille
Gallente Federation
0
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Posted - 2012.06.15 07:57:00 -
[1] - Quote
Not asking for specific niches to occupy, just what methods are used to find those niches. just park two accounts as two hubs and start randomly clicking items, looking for a price discrepency to even out?
and of that's the case, has anyone ever made a bot that can scan the entire market of a region some one client, compare it to a different region scan, and suggest things to trade based on purchase velocity and expected return? Hell, i could probably codr something like that. |
spectre257
The Unclaimed
Unclaimable
3
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Posted - 2012.06.15 09:24:00 -
[2] - Quote
With great skill. Two toons and start browsing the old fashion way.
Edit: Also helps to know what actually moves in your region. |
Mme Pinkerton
61
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Posted - 2012.06.15 09:39:00 -
[3] - Quote
Frenchname wrote:and if that's the case, has anyone ever made a bot that can scan the entire market of a region from one client, compare it to a different region scan, and suggest things to trade based on purchase velocity and expected return? Hell, i could probably code something like that.
yes, that's actually quite easy and even possible within the bounds of the EULA using a combination of IGB javascript (which allows you to cycle through all market items) and a cache reader.
An IPO guide (David H'Levi) | Towards a Positive Argument For Investing (RAW23) |
Freighter Operations 101 (Kazuo Ishiguro) | Dominion market analysis (Akita T)
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Frenchname
University of Caille
Gallente Federation
0
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Posted - 2012.06.15 09:43:00 -
[4] - Quote
Mme Pinkerton wrote:Frenchname wrote:and if that's the case, has anyone ever made a bot that can scan the entire market of a region from one client, compare it to a different region scan, and suggest things to trade based on purchase velocity and expected return? Hell, i could probably code something like that. yes, that's actually quite easy and even possible within the bounds of the EULA using a combination of IGB javascript (which allows you to cycle through all market items) and a cache reader.
neat, i'm a little curious why someone else hasn't done it before though
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Steve Ronuken
Fuzzwork Enterprises
460
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Posted - 2012.06.15 09:50:00 -
[5] - Quote
Frenchname wrote:neat, i'm a little curious why someone else hasn't done it before though
They have. But they don't give it to other people, as if it was easy to do/get, there'd be no profit available. Hobble your competition by not giving them the tools you make.
FuzzWork Enterprises
http://www.fuzzwork.co.uk/
Blueprint calculator, invention chance calculator, isk/m3 Ore chart-á and other 'useful' utilities. |
Droxlyn
TOHA Heavy Industries
TOHA Conglomerate
83
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Posted - 2012.06.15 13:46:00 -
[6] - Quote
And here I was thinking that it was done:
http://eve-central.com/tradetool/
And the reading tool: http://eve-central.com/home/software.html
And the IGB tool page: http://eve-central.com/home/upload_suggest.html
PS: Intra = within and Inter = between two.
So Intraregion trading is for trading between two systems inside the same region.
Inter-region trading is for trading between two systems in different regions. |
Marjolaine Soucie
Hedion University
Amarr Empire
6
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Posted - 2012.06.15 15:14:00 -
[7] - Quote
The best advice i can think of for station trading is do just as you said, characters in different hubs to see the hub price differences. And when you start trading, between hubs, maximize profits by never flying with an empty hold. For example, ammar and jita. You find a profitable item in amarr, buy in jita and sell in amarr, and at the same time, you find a profitable item in jita where you can buy in amarr and sell in jita. The best way is to have alts in hubs you want to trade in and use tools like eve-central as a guide only because the data with such tools is going to be out of date by however many hours, but those tools can give you a sense of possibilities. Another way to get a good sense is to look at your own experience, what mods or ships do you use for whatever purpose? what items do miners use? pvpers? missioners? explorers? popular ships and fits? don't go all in on 1 item, diversify. Diversify between not only items, but volume as well. Have some items that move fast, move medium, move slow, low profit margin, medium profit margin, and high profit margin. A solid diverse station/hub trading portfolio will be more win over the long term than say putting everything into 1 item. Be sure to level your trade skills to your comfort level to minimize taxes and maximize orders, be sure to run missions for the trade hub faction to minimize taxes, and be sure to research, then when you feel you have researched enough, research some more. And finally, the best tool is your own customized spreadsheet. Good luck and happy trading. |
Marjolaine Soucie
Hedion University
Amarr Empire
6
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Posted - 2012.06.15 15:21:00 -
[8] - Quote
Oh and hauling services like Push or Red Frog can be a great service for station traders. I think there would be advantage and disadvantages to using them, weigh options with your own ideas of course. Advantage would be you aren't doing the 20 jump hauls and risking being ganked along the way, disadvantage would be they have inside information to your trade routes. And don't forget to look at contracts for opportunites as well as trade channels. |
greekname thefirst
Hedion University
Amarr Empire
0
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Posted - 2012.06.15 17:38:00 -
[9] - Quote
that trade finder tool is probably the most useful of the bunch by a good margin, it's pretty much exactly what i was trying to design anyway.
the only downside to the eve central scanning tool (i actually have it running in two clients right now) is that you don't have any control over what it scans, so it ends up going through kinda useless stuff (at least, i think it's useless for most pilots)
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Tabane Shinonono
House of Nim-Lhach
1
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Posted - 2012.06.15 19:44:00 -
[10] - Quote
The scanning tool will just rummage through your cache for recent items you visited in the market, if its newer than what is on eve-central , it will be updated. What the IGB tool page does is to check items that have not been updated for sometime in the region.
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Kara Books
Deal with IT.
172
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Posted - 2012.06.16 23:25:00 -
[11] - Quote
From experience, there are merchants who will pray on people who do interegional trade exclusivly, and they make a Killing, Telling you first hand, bin a victim myself a few billion ISK times and some.
Stick with 3-4 hubs and dont over exert yourself for about half a year to learn the intricate movements of the items you wish to play a role in.
theres tricks you can also pull, like jacking up station buy order prices, people usually play right along, then drop, rinse and repeat. |
greekname thefirst
Hedion University
Amarr Empire
0
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Posted - 2012.06.20 06:47:00 -
[12] - Quote
bumping this, i've been making some decent profit just hauling around fulfilling buy orders, but i'm still not finding a market niche, and still have no idea how to go about finding one given the immensity of the eve market. |
Johnny Frecko
Fruidian Logic
46
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Posted - 2012.06.20 08:18:00 -
[13] - Quote
if it's within the same region you shouldn't be hauling.
inter-region shouldn't be done unless you know what you're doing
there are MANY MANY traps to inter-region traders. |
Frenchname
University of Caille
Gallente Federation
0
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Posted - 2012.06.20 16:03:00 -
[14] - Quote
Johnny Frecko wrote:if it's within the same region you shouldn't be hauling.
inter-region shouldn't be done unless you know what you're doing
there are MANY MANY traps to inter-region traders.
i actually fell in one with a rather expensive mod. turns out it was that margin trading scam. strange thing was that he had put up several of that mod in several places at nearly identical prices, so it didn't look out of the ordinary, until he pulled the buy order right as i docked in the station :/
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Nate Guralman
Blue Republic
RvB - BLUE Republic
26
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Posted - 2012.06.21 15:31:00 -
[15] - Quote
Marjolaine Soucie wrote:And when you start trading, between hubs, maximize profits by never flying with an empty hold. For example, ammar and jita. You find a profitable item in amarr, buy in jita and sell in amarr, and at the same time, you find a profitable item in jita where you can buy in amarr and sell in jita.
This is generally good advice, but it shouldn't be an absolute rule. For maximum profitability, the real metric you want to track is ISK per hour, not ISK per m3.
Here's an example. Let's say you have 10,000,000 ISK. You find an item selling in Jita for 1,000,000 and in Amarr for 2,000,000, but the best deal you can find in the other direction is an item selling in Amarr for 1,000,000 and in Jita for 1,100,000. The optimal solution in this case is to buy 10 in Jita and sell in Amarr, returning to Jita with an empty hold.
Of course, you can always wait for the lot to sell before returning to Jita with 20 units of the Amarr-Jita item. But in terms of ISK per hour, you may be better off flying back to Jita while the lot sells, so you're ready for another hauling trip afterwards.
ISK per m3 should really only be considered if you've got limited cargo space, and you need to choose between several items. Even then, m3 may not be a true restriction: you can make multiple runs, you can hire a freight service, you can put up a hauling contract, etc. |
0Lona 0ltor
Red Sky Morning
BricK sQuAD.
28
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Posted - 2012.06.21 15:44:00 -
[16] - Quote
You won't need two accounts just two toons. park your trade alt in a border system. That is on the edge of 2/3/4 regions and just make the 1 jump into a new region to buy/sell. Once you have bought goods either sell them higher or log in a hauler alt to move them.
Some systems that come to mind are Deltole and Rancer because they can access Jita, Rens, Hek, Dodixie with only 1 or 2 jumps allowing you to trade across 4 regions very quickly with only one toon. You can base yourself in low sec because the only thing you will need to risk is a shuttle and clone as you will be handling all goods remotely. |
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