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Denal Umbra
Coffee Hub
1
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Posted - 2012.09.08 11:36:00 -
[1] - Quote
Greetings,
I used to do all the trading on my main but since i am quite often nowhere near jita anymore i thought of making a permanent market alt and was wondering, how high can you get the factional standings by doing the "repair plan?" with social 5?
Was planning on doing all the amarr career, circuit, cosmos and data center missions first before moving over to caldari side and doing the same there. Possibly do the epic-arcs as well and finish off the caldari navy corp standings via running dual logged missions with the main but not sure how high the factional standing in the end would be.
Does anyone know how high the end faction standing for caldari (and amarr) will end up at? or how did you get the 9+ standings on your market toons? Also, is there anything else which i could add to the "plan" to get an even higher standing?
Cheers, Denal |

Bad Bobby
Bring Me Sunshine
108
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Posted - 2012.09.08 12:22:00 -
[2] - Quote
If you join either the Amarr or Caldari militia and run their FW level 4 missions then you'll get promotions that will rapidly increase your Caldari State standing. That's the fastest way to do it. FW L4s are extremely quick and easy to do.
If your trade alt has no piloting skills then you can just pick up the missions in a pod or frigate, use the alt to open the complexes and then take your PvE character in to deal with the objective. Just train social skills on your trade alt to maximise the gain.
Your PvE character need not be in FW to do the missions, in fact it's best if it isn't as you'll get less trouble from the FW opposition that way.
You can still do the datacenters and COSMOS afterwards. |

Bad Bobby
Bring Me Sunshine
108
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Posted - 2012.09.08 12:32:00 -
[3] - Quote
Denal Umbra wrote:Does anyone know how high the end faction standing for caldari (and amarr) will end up at? or how did you get the 9+ standings on your market toons? This is what you'll get from running Amarr FW for all the promotions, followed by doing the cheap datacenter tags and half a dozen cherry picked COSMOS missions:
https://forums.eveonline.com/default.aspx?g=posts&m=1068083
That's about 12 hours of efficient carebearing, but you'll take much longer being a novice.
After getting all the promotions from Amarr FW you can switch over to Caldari FW and boost it up even more if you wish. I generally don't bother.
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Denal Umbra
Coffee Hub
1
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Posted - 2012.09.09 16:46:00 -
[4] - Quote
Interesting. Won't that however cause massive havoc on the mains gallente/minnie standings?
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Bad Bobby
Bring Me Sunshine
108
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Posted - 2012.09.09 20:06:00 -
[5] - Quote
Denal Umbra wrote:Interesting. Won't that however cause massive havoc on the mains gallente/minnie standings?
Yes, you'll lose standings with the opposing faction whenever you shoot a FW rat.
If you are just grinding up standings on one character then the effect will not be huge, but grinding a lot of alts up will eventually destroy your standings with the opposing faction.
Don't do it with a character which has standings with the opposing faction that you wish to preserve, but if you don't mind having a small negative that you can patch up with a level or two in diplomacy then this method is fine. |

Thoraemond
Far Ranger
42
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Posted - 2012.09.09 23:33:00 -
[6] - Quote
Denal Umbra wrote:[...] social 5? [...] You and Bobby seem clear on this point already, but other people who read the thread might not be, so perhaps it will help those people to spell it out expressly:
Social will helps one increase standings faster ("5% bonus per level to NPC agent, corporation and faction standing increase"), but will not itself make any difference to the cost of Market activities.
Market Order Broker Fees are based on unadjusted standings (i.e., without factoring in the effect of Social), and Sales Tax does not depend on your standings at all.
Personally, I don't bother with standings for trading. |

Barakach
R-ISK Shadow Operations.
74
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Posted - 2012.09.10 16:50:00 -
[7] - Quote
Thoraemond wrote:Denal Umbra wrote:[...] social 5? [...] You and Bobby seem clear on this point already, but other people who read the thread might not be, so perhaps it will help those people to spell it out expressly: Social will helps one increase standings faster ("5% bonus per level to NPC agent, corporation and faction standing increase"), but will not itself make any difference to the cost of Market activities. Market Order Broker Fees are based on unadjusted standings (i.e., without factoring in the effect of Social), and Sales Tax does not depend on your standings at all. Personally, I don't bother with standings for trading.
Negative standings also make your brokers fee worse. Standings is a HUGE expense. My brokers fee for the past 30 days between my char who has a 0.58% brokers fee is almost exactly 1bil isk. Dropping my brokers fee down to 0.29% would save me 500m/month right now. A high standing char with 9.0/9.0 faction/corp standings would be near 0.2%, which would save me about 650m/month.
Since my capital is growing 30%-60%/month, my brokers fee will do about the same. By the end of next month, a 0.2% brokers fee would be saving me about 1bil/month, and about 1.5b/month the month after that.
As my revenue grows, my margin tends to shrink, so brokers fee will actually scale slightly faster than my average growth. |

Thoraemond
Far Ranger
42
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Posted - 2012.09.11 23:25:00 -
[8] - Quote
Barakach wrote:Negative standings also make your brokers fee worse. Standings is a HUGE expense. For an overview of the impact of standings, and including the formula for the calculation or Market Order Broker Fee rates, see the chart I made: http://dl.eve-files.com/media/corp/Thoraemond/eve-market-order-broker-fees-20110417.png.
"HUGE" is relative. Personally, the Broker Fees rates I pay are more than an order of magnitude smaller than my typical margin rate. I also no longer really bother with maximizing growth and I am content to trade with only a small fraction of my NAV, participating only in the little leagues where the margins are higher, so like I said, I just don't bother.
I agree that as you get more serious about maximizing returns, and as you accept lower margin rates in order to enlarge your use of capital, Broker Fees (and hence standings) and Sales Taxes become increasingly significant.
Don't forget about the skill that do affect Broker Fees (Broker Relations skill) and Sales Tax (Accounting). It is dead easy to compute the break-even point that makes it worthwhile to buy those skills and train up a few levels. They are probably a sound investment for any serious trader. |
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