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Lederstrumpf
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Posted - 2011.07.02 01:14:00 -
[1]
CCP will lock down this forum and force customers to move to the new one.
Chances are I'll drop out of MD as the new forum is just crap in terms of usability.
Meanwhile I offer to answer (newbie) questions in regards to trading. I'm not a trade guru, but I'm pretty sure I can give some good advice on how to earn some millions here or there. I'll be honest and upfront. Ask anything you like.
Expect me to delete my posts some day, so try copy & paste if you do like my answers and are bad at remembering stuff! .)
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Loraine Gess
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Posted - 2011.07.02 02:05:00 -
[2]
Allow me.
*Crickets* ------------------------------- When I mitigate risks in business, they call me financially sound. When I mitigate risk in PVP, they call me a coward.
I'm still rich, and they're still dead. |
Tutskii
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Posted - 2011.07.02 03:01:00 -
[3]
How do I make isks!
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Chevalleis
The Legendary Conquest
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Posted - 2011.07.02 06:10:00 -
[4]
What item should I trade on? I know waffles have a good profit margin, but is jello worth the time? Sure, it has a lot of volume but the profit margin is thin. So which one to take?
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Brock Nelson
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Posted - 2011.07.02 06:14:00 -
[5]
Originally by: Lederstrumpf Expect me to delete my posts some day, so try copy & paste if you do like my answers and are bad at remembering stuff! .)
Or, we can just head over to eve-search and look up your post?
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Lederstrumpf
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Posted - 2011.07.02 10:20:00 -
[6]
Edited by: Lederstrumpf on 02/07/2011 10:22:34
Originally by: Chevalleis What item should I trade on? I know waffles have a good profit margin, but is jello worth the time? Sure, it has a lot of volume but the profit margin is thin. So which one to take?
Try both.
Originally by: Tutskii How do I make isks!
Yes! So what's the question? :)
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Lederstrumpf
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Posted - 2011.07.02 10:22:00 -
[7]
Edited by: Lederstrumpf on 02/07/2011 10:24:55 Funny trolling btw. ...
scared about your profit margins already? lol
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Joe Forum
Amarr
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Posted - 2011.07.02 10:29:00 -
[8]
Any tips for a guy starting out who always seems to run out of BPCs? I can manufacture and sell my chosen items quickly enough, but I'm limited by how many BPCs I can get off the copy lines.
I can't afford a POS yet.
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Lederstrumpf
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Posted - 2011.07.02 10:48:00 -
[9]
Originally by: Joe Forum I can manufacture and sell my chosen items quickly enough, but I'm limited by how many BPCs I can get off the copy lines. I can't afford a POS yet.
So trading isn't your problem, but free slots for copying BPOs is?
If trading isn't your problem: Did you try buying BPCs from other folks yet? Are any of those available? |
Joe Forum
Amarr
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Posted - 2011.07.02 11:14:00 -
[10]
Well BPCs are on offer, but most of what I see is pretty expensive - it would eat very heavily into my profit margins.
The few BPOs I bought I researched them up to good levels, manufacturing from copies of those (including the cost of copying) makes a decent margin.
I'm thinking as I'm writing this - would I just be better to get more BPOs? Do people do that?
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Lederstrumpf
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Posted - 2011.07.02 11:32:00 -
[11]
Edited by: Lederstrumpf on 02/07/2011 11:36:33
Originally by: Joe Forum Well BPCs are on offer, but most of what I see is pretty expensive
Talk to the folks selling them.
Get intel on how many they are capable to produce where and at which price they could sell to you in bulk. Ask them whether they do manufacture the final product as well. Get to know your competition. Don't reveal you're a competitor yourself! Decide whether it's worth to cooperate, to undercut or to move elsewhere or along and possibly head for another trade good.
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Joe Forum
Amarr
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Posted - 2011.07.02 12:10:00 -
[12]
o7
Thanks Lederstrumpf I'll do that :)
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Lederstrumpf
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Posted - 2011.07.02 12:21:00 -
[13]
Originally by: Brock Nelson
Originally by: Lederstrumpf Expect me to delete my posts some day, so try copy & paste if you do like my answers and are bad at remembering stuff! .)
Or, we can just head over to eve-search and look up your post?
If you're bad at remembering stuff, make sure to have eve-search written down! Well, wait .. okay .. right: You can always lookup this reply of yours on eve-search, too! >.) |
Mara Villoso
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Posted - 2011.07.02 15:02:00 -
[14]
What's the point of deleting your posts? |
OllieNorth
Gallente R-K Industries
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Posted - 2011.07.02 15:19:00 -
[15]
Post Deletion = Jita Monument Pew Pew
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trance atlas
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Posted - 2011.07.02 16:48:00 -
[16]
Originally by: OllieNorth Post Deletion = Jita Monument Pew Pew
he did it before also ...
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Lederstrumpf
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Posted - 2011.07.02 18:12:00 -
[17]
Any trade related questions? :-) |
OllieNorth
Gallente R-K Industries
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Posted - 2011.07.02 19:32:00 -
[18]
Is it worth trying to sell meta 4 mods in Jita? or just commodities (salvage, ores, etc)
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Lederstrumpf
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Posted - 2011.07.02 20:52:00 -
[19]
Edited by: Lederstrumpf on 02/07/2011 20:52:26
Originally by: OllieNorth Is it worth trying to sell meta 4 mods in Jita? or just commodities (salvage, ores, etc)
What's the cost of trying? Minimal?
BTW: If I'd be you, I'd avoid "If you are broke undock." "5% Tax" type of corps.
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Raid'En
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Posted - 2011.07.02 21:24:00 -
[20]
Edited by: Raid''En on 02/07/2011 21:26:00
1) your vision on ME/PE and copy business compared to PI manufacturing in term of ISKs created ?
2) i found a nice thing to trade, but the market was available only for a few days, then busy, then later available again, then busy... some tips on how to know when to enter and when to leave ?
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Zeta Zhul
Caldari Preemptive Paranoia
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Posted - 2011.07.03 01:37:00 -
[21]
Funny how people constantly come into MD asking on how to trade ... but as soon as someone puts up a post offering to teach people how to trade all you get are MD regulars trolling.
Meanwhile there are new traders, I assume and not just trolling alts, coming in and making new threads asking for advice.
Evidently not only do you have to lead them to water but you also have to take a ball-peen hammer to their knees to get them closer to it.
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Misty McGinnity
Mystify Trading Company
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Posted - 2011.07.03 01:40:00 -
[22]
Reported.
Should be moved to OOPE like other leaving posts.
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Lederstrumpf
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Posted - 2011.07.03 08:42:00 -
[23]
Originally by: Raid'En your vision on ME/PE and copy business compared to PI manufacturing in term of ISKs created ?
Well, "vision"? Both scale out, but PI doesn't really scale up. Serious PI might require serious hauling. Copy business puts you inbetween the industrialist veterans with plenty of skills, researched BPOs and access to copying facilities sometimes well embedded within a framework of miners and manufacturers. PI is a poor man's job. Anybody can throw alts at it.
Ask yourself how much time would be required to have PI earn you 12+m per day (>= PLEX per month) on average. What investment and effort in ISK and playtime would be required to earn those 12+m daily average doing blueprint stuff?
PI did earn me some millions, but I dropped it quite soon, back then due to the hauling required, less due to the clickfest. For now I did invest near no SP into industry stuff. These days it'd probably be worth to buy myself an industry char and some expensive BPOs. For now I did avoid most blueprint stuff, so tbh: I got no clue. There seem to be different stages of gameplay where both are worth it.
Originally by: Raid'En 2) i found a nice thing to trade, but the market was available only for a few days, then busy, then later available again, then busy... some tips on how to know when to enter and when to leave ?
Why do you think that item is nice to trade, even though the market seems to be a bit unpredictable? Unpredictability equals risk.
You can not forsee the future. But attention, patience & swift action once there's a window of opportunity are your keys to success. So always be prepared to act:
Enter the market, don't think about it twice, but be prepared to leave fast. Once you realize opportunities are reoccuring: Occupy it further. Take a guess why people are buffering Veldspar and other minerals!
Examine competition and buyer behaviour to get a clue about intervals. What is the most important interval-influencing variable? Weekends? Missioning? ... ? Practice rather than theory is the way to find out. Hidden stock is a big danger in markets getting manipulated.
I hope this is of any help?! |
Lederstrumpf
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Posted - 2011.07.03 08:52:00 -
[24]
Originally by: Misty McGinnity Reported.
"In future I will attempt to guide you in the right direction and lead you to enlightenment" - I do love you, too! lol
http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1496326 |
Lee Guien
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Posted - 2011.07.03 14:51:00 -
[25]
I have an old account I'm thinking of bringing back into the game. He has good refining skills, fair trading skills, fair manufacturing skills and fair research skills. I'd like to get him making some isk to support my mains love for expensive ships :) Any suggestions for a steady stream of income for someone like this?
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Lederstrumpf
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Posted - 2011.07.03 16:07:00 -
[26]
Edited by: Lederstrumpf on 03/07/2011 16:08:48
Originally by: Lee Guien I have an old account I'm thinking of bringing back into the game. He has good refining skills, fair trading skills, fair manufacturing skills and fair research skills. I'd like to get him making some isk to support my mains love for expensive ships :) Any suggestions for a steady stream of income for someone like this?
Ask yourself _where_ you can make best use of that account. Is it where your main character is? Do you have access to manufacturing or research slots nearby or somewhere else? Could corpies provide you with loot? What kind of stuff can you buy regionwide for near nothing and reprocess lateron? What's in need where you are?
Personally, I do like contract trading best. Some people do hate it due to the "hassle" involved. In contrast to market trading you can contract trade "everywhere" from anywhere as long as you got some goods floating around at the target station. I tend to have 3x Water in most trade hubs of the more important regions. By allowing your trade alt to be a single member of his own corp you can easily use quite a number of corp contracts to your advantage. You can do that while you're using a POS in 0.0 or some WH POS, too.
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DraconisBeta
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Posted - 2011.07.03 16:52:00 -
[27]
where to buy? where to sell?
i usually buy in Jita and sell in low ended hubs (like agil), but...where do you know people will buy or sell things? where do industrial sell in bulk? where do missioner buy? where do pvper? this questions are thrilling me
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Tebb1288
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Posted - 2011.07.03 19:42:00 -
[28]
I'm manufacturing some items but I have a problem with the market. I started manufacturing on items that have a large profit margin and made my bpo costs back quickly. Then two people dropped massive sell orders much cheaper then the current sell price and instead of .01 isking each other dropped the price significantly each time they undercut each other. Its frustrating because I know I can make money on these items but two people are ruining the market.
When two people are basically driving the price to near production cost values what are my options? Price my goods that low? Stockpile until they are finally out and hope they didn't make more? Just forget about making/selling those items? I guess in short my question is if your selling a good and two people start a market war, do you participate in the war, wait it out, or leave?
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Chevalleis
The Legendary Conquest
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Posted - 2011.07.03 19:47:00 -
[29]
Originally by: Tebb1288 I'm manufacturing some items but I have a problem with the market. I started manufacturing on items that have a large profit margin and made my bpo costs back quickly. Then two people dropped massive sell orders much cheaper then the current sell price and instead of .01 isking each other dropped the price significantly each time they undercut each other. Its frustrating because I know I can make money on these items but two people are ruining the market.
When two people are basically driving the price to near production cost values what are my options? Price my goods that low? Stockpile until they are finally out and hope they didn't make more? Just forget about making/selling those items? I guess in short my question is if your selling a good and two people start a market war, do you participate in the war, wait it out, or leave?
If they're at production levels, buy massive stockpiles and when they're out of stuff sellsellsell. This way, if you haz the ISK you can save the time from producing them and at the same time buy out their orders. When prices return to normal, you have made yourself a nice profit.
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Lederstrumpf
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Posted - 2011.07.03 20:21:00 -
[30]
Edited by: Lederstrumpf on 03/07/2011 20:24:37
Originally by: DraconisBeta where to buy? where to sell?
i usually buy in Jita and sell in low ended hubs (like agil), but...where do you know people will buy or sell things? where do industrial sell in bulk? where do missioner buy? where do pvper? this questions are thrilling me
Where do people do PV{E,P}? Where do lots of and/or rich people do PV{E,P}? How do they get there by ship? What's the most important nearby [mini] hub? Agil is an example of a "bottleneck" system between high and low. There are lots of other ones and Agil might not be the best in terms of volume traded. You should keep a foot in Amarr. And probably check out Tash-Murkon. Be a happy tourist: Compare prices in Agil with prices in Rens. The more hops inbetween, the more will the markets look different. You might be surprised here and there.
Above average high price & volume buy orders of different people in the same station/region are key indicators of what's needed where. The market window trade volume graphs are your friend. Personally I always love to see multiple WTB orders from the same person/trade corp on contract.
Price pressure in Jita is quite high due to trader competition. Plenty of corps head over, dump&buy lots of stuff and fly away again. For some items it's not worth trying to get inta Jita market unless you got a character with excellent trade skills, good standings and plenty of ISK to work with. Because the price pressure is high, you usually can buy/sell for quite some average price. Average prices are, unluckily, just average. Usually there's better offers elsewhere. This difference comes at the cost of hauling and can be made up with trade volume, but it might require a bigger effort to keep your orders up to date.
I tend to favor markets without much competition. If there's near no competition the income will be "passive" income. Most of the time I prefer low passive income over high attention hungry income. Here's a "dirty" trick: Once you found passive income opportunities set up some additional fake buy-/sellorders to make it appear as if there'd be different traders already fighting each other! Might keep others off! .)
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