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William Pierce
Caldari Blue Sun Heavy Industries
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Posted - 2010.09.11 21:06:00 -
[1]
From my experience trading, I've found that it can be quite difficult with limited ISK to make more without a lot of effort, at least compared to those with large amounts of it. But once you pass a certain point, it seems a get a lot easier to just throw up some orders/contracts/etc and rake in the cash.
So my question is, what is that amount approximately? I've heard 10b before, that sounds accurate?
And why exactly does this happen? It seems to be more significant than just having more ISK to put up more orders, etc.
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PinkFish
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Posted - 2010.09.12 02:09:00 -
[2]
You've figured dead wrong. It is significantly harder to invest 10b isk and see any sort of reasonable return then to make a good return on a few hundred million isk. Take your meager savings and invest in the same number of less expensive things as you would invest in if you had lots of isk and you will see much better returns. Small amounts of isk is only a problem if you for some reason insist on trading in bigger ticket items then you should be looking at. It only gets more crowded at the top.
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Victor Michaelle
Gallente
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Posted - 2010.09.12 02:37:00 -
[3]
What makes it difficult to make money with small amounts of isk isn't really that it's small amounts of isk, but that you are new at trading. Once people have large amounts to trade with I would assume they usually have the skills to match. At least if they aquired the isk through trading.
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William Pierce
Caldari Blue Sun Heavy Industries
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Posted - 2010.09.12 02:59:00 -
[4]
Well I guess you're right, looking at it with percentages in mind I do agree that you're gonna make more percentage wise with less ISK as opposed to more. I probably could have worded my question better. I guess what I mean to say is at what point can you with very few trades per day sustain, say, 500 mil in PvP losses a week?
That's my goal, to have enough capital that with a few trades or contracts I can get that kind of ISK. And so the question isn't really where percentage profit tops out, but rather where you can make a sizable amount (like 500 mil a week) with just a few minutes spent on a few large trades.
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Victor Michaelle
Gallente
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Posted - 2010.09.12 03:43:00 -
[5]
I still believe that has more to do with having worked out trading techniques than how much money you have. Different trading techniques will be different both in time investment and in how much money you need, too.
That said, I havn't actually reached your goal yet, so maybe someone else will know better.
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Commander Godsmack
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Posted - 2010.09.12 08:02:00 -
[6]
Money makes money. Simple. In so more money makes it easier for more money to come in contrary to what the previous 2 reply's have insinuated.
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Hamno
M. Corp Mercenary Coalition
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Posted - 2010.09.12 11:48:00 -
[7]
Originally by: William Pierce I guess what I mean to say is at what point can you with very few trades per day sustain, say, 500 mil in PvP losses a week?
Quite a bit if you just want to do a few trades a day. Afraid the magic isk fountain is a little more elusive than we'd all hope...or at least more guarded than people will say on the forums.
To throw out a number, 20 billion isk...if you can turn it over once in the month at a 10% spread roughly 2 billion profit/month...or your 500mil/week. Truly rough math ignoring many other costs... The NEW M.Corp Data Hub - Check it out! |
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