Pages: [1] :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
THE LAUGHlNGMAN
Obstergo
0
|
Posted - 2011.10.05 21:48:00 -
[1] - Quote
Is there a tool for finding the most demanded product in a region? |
Gnlarck
Coretech Industries Empire Industry
0
|
Posted - 2011.10.06 00:37:00 -
[2] - Quote
yes, im going to answer this for you 100% as honest before you get trolled by everyone else... Do your own research on products, if we give you an answer or a program, dont you think everyone would be selling/building it? thats the fun part of the market/industry... doing research and finding it on your own (whats fun in us giving you the answer?) will tell you one thing though,... if you see a good deal, best bet is someone else has too =) |
THE LAUGHlNGMAN
Obstergo
0
|
Posted - 2011.10.06 01:04:00 -
[3] - Quote
I feel like trading is such bad money compared to missioning though. It takes a long time to sell and I'm barely making enough profit. At least not more than level 4 missions. |
Naren Morro
Ministry of War Amarr Empire
0
|
Posted - 2011.10.06 01:14:00 -
[4] - Quote
THE LAUGHlNGMAN wrote:I feel like trading is such bad money compared to missioning though. It takes a long time to sell and I'm barely making enough profit. At least not more than level 4 missions.
the keyword you are missing: scalability
and also: you are doing it wrong |
Thur Barbek
Republic University Minmatar Republic
1
|
Posted - 2011.10.06 01:40:00 -
[5] - Quote
Well, currently the most in demand item in the galaxy is probably oxygen isotopes. :D |
Gnlarck
Coretech Industries Empire Industry
0
|
Posted - 2011.10.06 01:41:00 -
[6] - Quote
your not doing something wrong then... you can easily turn 100m into billions in a month or less (depending on how much effort you put into it) |
Jenn Makanen
Science and Trade Institute Caldari State
0
|
Posted - 2011.10.06 01:49:00 -
[7] - Quote
THE LAUGHlNGMAN wrote:I feel like trading is such bad money compared to missioning though. It takes a long time to sell and I'm barely making enough profit. At least not more than level 4 missions.
To give you a little useful information, take a look at the price history of things. Maybe take a look at the data dump that was trialled recently, to see what was selling in a region. Of course, items that move a lot tend to have a low profit margin.
Diversify. Better to be selling 5 different things, than having five times the stock in a single item. And always reinvest your profit, until, at least, you get into bigger sums.
Stock a station with everything someone might need to fit out a type of ship that's for sale there. People are lazy. They'll pay slightly higher prices, if they don't need to go round five different stations to kit it out.
Think about the places you're stocking. Find somewhere where people mission out of and stock it. Stock places near null-sec bridges. Exploit the laziness of your fellow players. |
THE LAUGHlNGMAN
Obstergo
0
|
Posted - 2011.10.06 01:54:00 -
[8] - Quote
But should I focus on selling at hubs? Should I focus on spreading out my orders to different regions? Right now I spent alot of money on 1 product that's not really bought but has good profit and do it between 2 regions. Any more advice? |
Jenn Makanen
Science and Trade Institute Caldari State
0
|
Posted - 2011.10.06 02:04:00 -
[9] - Quote
If you're just starting out, buy in Jita, sell in a different region. and not in one of the smaller trade hubs. Pick a one or more stations and stock them.
Don't go with a single product. The key thing to remember is cashflow. Making 50% profit on an item that sells once a week generally doesn't stack up against an item that makes 10% but sells in a day. When you have more ISK and more order slots, you can afford to have things sitting, because the ISK is flowing at a similar rate (and it's easier on you), but not at first. Money tied up in things that sell infrequently isn't earning you anything.
100 isk at 10% a day is 177 after a week 100isk at 50% a week, is only 150..
The isk must flow. |
BornToDieAnotherDay
Tarazed Technology
9
|
Posted - 2011.10.06 02:15:00 -
[10] - Quote
Thur Barbek wrote:Well, currently the most in demand item in the galaxy is probably oxygen isotopes. :D
If anything, the only effect the Goon antics are having on oxygen isotopes is actually decreasing the demand for them.
And @ OP, trading in 5 words: Buy Low, Sell High, Diversify. |
|
Eddie Laydon
Power Absolute Absolute Damage Inc.
1
|
Posted - 2011.10.06 10:04:00 -
[11] - Quote
Gnlarck wrote:your not doing something wrong then... you can easily turn 100m into billions in a month or less (depending on how much effort you put into it)
that is a myth. trading is no doubt profitable, but unless there is a shortage of something or a huge war you'll never turn 100m into billions in that amount of time. |
Jenn Makanen
Science and Trade Institute Caldari State
0
|
Posted - 2011.10.06 10:14:00 -
[12] - Quote
Part time trader: 100 million or so in seed, on the 16th of last month. Currently, around 100 million liquid (Selling BCs tends to increase your liquid cash when you're offline) and a half billion in sell orders.
Not /great/, but not too shabby either. |
Lauren Hellfury
Full Pocket Aggro In Vitro.
9
|
Posted - 2011.10.06 10:15:00 -
[13] - Quote
Minimum daily % profit required to turn 100m into 1b in a month (30 days) is 8. That's compounding though.
Tough but not impossible.
10% daily on 100m compounded for 30 days gives you a little over 1.7b |
Atima
House of Marbles
9
|
Posted - 2011.10.06 10:34:00 -
[14] - Quote
Could do 8% daily flipping comodities in jita with copious amounts of coffee, 0.01 RSI and no life.
Would be cutting it close though, flipping your entire wallet twice every 24 hours :O |
Callean Drevus
Icosahedron Crafts and Shipping Silent Infinity
14
|
Posted - 2011.10.06 17:49:00 -
[15] - Quote
THE LAUGHlNGMAN wrote:Is there a tool for finding the most demanded product in a region? www.evemarketeer.com: Actually, I do not have it yet, but it is so ridiculously easy to add that it would be a crime not to if you need it :P
Look for it under the trade information menu in half a day or so :) [img]http://www.evemarketeer.com/player/sig/511049420[/img] Want images? |
Jenn Makanen
Science and Trade Institute Caldari State
0
|
Posted - 2011.10.06 17:53:00 -
[16] - Quote
One side effect of adding it to eve Marketeer. Anyone can get the same information as you. So what's in high demand, will likely have a pitiful margin.
Better working on your broker relations, accounting and corp standings |
AmirKillalot
TaoNight Industrial
0
|
Posted - 2011.10.06 19:56:00 -
[17] - Quote
You can make ISK off of any item at almost any cost. how much and how long are the variables.
2 general requirements. Patience and knowledge.
P.s. I would be willing to help you more, mail me in game if you would like. and is your name reference to Ghost in the shell? (by far above and beyond the best of any animation ever)
|
THE LAUGHlNGMAN
Obstergo
0
|
Posted - 2011.10.06 20:20:00 -
[18] - Quote
AmirKillalot wrote:is your name reference to Ghost in the shell? (by far above and beyond the best of any animation ever)
YES! |
Jenn Makanen
Science and Trade Institute Caldari State
0
|
Posted - 2011.10.06 20:23:00 -
[19] - Quote
Quote:I thought what I'd do was, I'd pretend I was one of those deaf-mutes. |
Callean Drevus
Icosahedron Crafts and Shipping Silent Infinity
14
|
Posted - 2011.10.06 21:39:00 -
[20] - Quote
Jenn Makanen wrote:Quote:I thought what I'd do was, I'd pretend I was one of those deaf-mutes. Very much so.
In any case, the awesomely most demanded items have now been added to EVE Marketeer, though I have to admit that I find it very difficult to see what you could possibly do with this information
http://www.evemarketeer.com/trade/highestdemand
Quote:One side effect of adding it to eve Marketeer. Anyone can get the same information as you. So what's in high demand, will likely have a pitiful margin.
Most things in high demand, like tritanium, already have a pitiful margin ;) [img]http://www.evemarketeer.com/player/sig/511049420[/img] Want images? |
|
Stealing Honest
Stealing Honest Speculation Group LLC
2
|
Posted - 2011.10.06 21:50:00 -
[21] - Quote
THE LAUGHlNGMAN wrote:Is there a tool for finding the most demanded product in a region?
Experience is the tool you are looking for.
As you trade more, you will learn more and your profits will grow. Use trading to augment your mission income, and over time as you gain more trade experience, things will start to click.
SH
|
Amaranthia Lamarr
Pink Winged Unicorns for Peace Love and Anarchy
3
|
Posted - 2011.10.06 22:09:00 -
[22] - Quote
OP, you stated you are running missions. If you are looting them, there you are with a fine selection of items, so for starters, simply check each of them for their margin and their quantity in your region.
Granted, it-¦s tedious and limited, but it IS a way to start if you are completely clueless.
Just be aware that not everyone enjoys this kind of gameplay, especially as the people will seldom be more specific that "buy low sell high", so you will have to figure out most on your own. |
Celery Man
Talocan Mining And Industrial Talocan United
1
|
Posted - 2011.10.07 05:06:00 -
[23] - Quote
Search the forums for - Rookie Trading guide - By Cpt Bunny.
attempted to post the link 3-4 times but the forums are of course not working.
All the information inside this guide would be old hat to most people, but it helped me just get started and to be completely honest - its the kind of **** i should have investigated myself before starting to trade. In the end if you simply do the homework yourself you may find yourself one of those wonderful products that you yourself will never tell another soul about, but to get the basics and an exellent list of commonly traded products.
If you do however ask where to start trading to and from specifically you may be a little beyond hope though.. i managed to find a very profitable hub in about 20 minutes. |
Amrah Pserad
Hobo Mining Services
0
|
Posted - 2011.10.25 06:03:00 -
[24] - Quote
Celery Man wrote:Search the forums for - Rookie Trading guide - By Cpt Bunny.
Got it: https://forums.eveonline.com/default.aspx?g=posts&m=62819#post62819
One thing I've learned in my month or so of playing the market is to also ideally have products you can sell at both ends of your trade route i.e. something to sell at both your purchasing hub and destination. That way when you're on your way back it's not with an empty profitless cargohold. |
|
|
|
Pages: [1] :: one page |
First page | Previous page | Next page | Last page |