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arabella blood
Black Scorpions Inc
Circle-Of-Two
4
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Posted - 2013.06.09 10:00:00 -
[1] - Quote
Rawbert Gzon wrote:I love the brainless .01 isk idiots. They make trading so easy and profitable.
Would love to hear how you "defeat" these brainless idiots :) |
arabella blood
Black Scorpions Inc
Circle-Of-Two
5
|
Posted - 2013.06.09 13:17:00 -
[2] - Quote
Rawbert Gzon wrote:arabella blood wrote:Rawbert Gzon wrote:I love the brainless .01 isk idiots. They make trading so easy and profitable. Would love to hear how you "defeat" these brainless idiots :) I bet you would. 
As i thought, big words with nothing to back them ;)
If we talk seriously, i dont see anything more profitable then .01 rapidly. Im talking station trading only, sure theres other methods, but nothing better then this over time if you focus station only.
If we take the exact number of trades and do your "razor sharp" margins against .01 fight. After a year .01 will have more isk.
What do you think? |
arabella blood
Black Scorpions Inc
Circle-Of-Two
5
|
Posted - 2013.06.10 10:29:00 -
[3] - Quote
Cawyn wrote:0.01 isking certainly requires the least intellectual effort. I guess that actually does make it the best trading style for the majority of players.
Time (and minerals) is free, after all.
If you will call eve players stupid, you take away the term we use to describe other mmos players.
So now we need to find a new way to call wow players, can we agree on "degenerate monkeys"? :D |
arabella blood
Black Scorpions Inc
Circle-Of-Two
6
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Posted - 2013.06.14 06:41:00 -
[4] - Quote
Shizuken wrote:arabella blood wrote:
What do you think?
I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.
My point exactly...so keep calm and .01 zerg every 5 minutes |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
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Posted - 2013.06.27 09:19:00 -
[5] - Quote
Smohq Anmirorz wrote:arabella blood wrote:Rawbert Gzon wrote:arabella blood wrote:Rawbert Gzon wrote:I love the brainless .01 isk idiots. They make trading so easy and profitable. Would love to hear how you "defeat" these brainless idiots :) I bet you would. As i thought, big words with nothing to back them ;) If we talk seriously, i dont see anything more profitable then .01 rapidly. Im talking station trading only, sure theres other methods, but nothing better then this over time if you focus station only. If we take the exact number of trades and do your "razor sharp" margins against .01 fight. After a year .01 will have more isk. What do you think? But why would you do that? Sit in one station all the time and adjust orders by .01 ISK? That sounds about as fun as solitaire. Actually, solitaire sounds like more fun. Get out and do something fun!
But but i thought defenetion of fun is subjective 
Anyway, i update orders 3 times a day- morning, return from work, and before sleep - netting 1 plex in 24 hours. On weekends i update a bit more. Rest of the time i spent on my other chars... |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 10:07:00 -
[6] - Quote
Smohq Anmirorz wrote:arabella blood wrote:But but i thought defenetion of fun is subjective Anyway, i update orders 3 times a day- morning, return from work, and before sleep - netting 1 plex in 24 hours. On weekends i update a bit more. Rest of the time i spent on my other chars... What happened to ".01 zerg every 5 minutes"? That's not updating orders 3 times a day, that's updating them 12 times an hour. And .01 ISK wars are high margin, not low margin, since the attempt is to outbid by as little as possible, thus preserving the biggest margin possible. I think you missed his point entirely. But, yeah, the definition of fun is subjective. And if you sit in a station updating orders every five minutes for your EVE career, I do not understand your definition of fun.
Read again, he had no point, only claiming .01 isk is stupid, which was fully discussed
From several angles and to my opinion is wrong.
Mind that all the descussion here is mostly theoretical, so my claim of 0.01 every 5min is as such. What i personally do could be completely different yet im going to defend the .01 tactic anyways..
As for fun, you dont need to understand it, you cant, not until you try |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 11:19:00 -
[7] - Quote
Smohq Anmirorz wrote:arabella blood wrote:
Read again, he had no point, only claiming .01 isk is stupid, which was fully discussed
From several angles and to my opinion is wrong.
Mind that all the descussion here is mostly theoretical, so my claim of 0.01 every 5min is as such. What i personally do could be completely different yet im going to defend the .01 tactic anyways..
As for fun, you dont need to understand it, you cant, not until you try
You read it again. He did have a point that he alluded to and you missed it completely. I don't think you understand it from your reply of "my point exactly" since it was not your point at all. No, he didn't tell you exactly what his point was. Nor should he. It's not good business to let everyone know everything.
Done arguing about who said what and who understood who and how, its childish, leads nowhere, offtopic, grow. Let the speaker defend his point, he sure doesnt need your help, nor can you claim to understand what he said anymore then me.
If you want to discuss the "fun" aspect of station trading, im all here :) |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 11:25:00 -
[8] - Quote
goatplasma wrote:Personally I don't trade because it's fun, because it's not. I trade because noone ever made their billions by shooting rats.
So you say the fun part is getting the payment not the actual work thats needed to get it.
I totally agree, most of works people do IRL are not fun for them, but the $$$$ are. |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 11:47:00 -
[9] - Quote
See, its stupid, i was referring to a different post 
Now that i know what we talk about, i have to tely shortly;
I was talking about the 0.01 process of mantaining 1 buy order at the top of the list, fullfiling it, then resseling at 0.01 isk lower then lowest sell order.
Thats not high turnover? Thats not ".01 isk war"?? |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 12:20:00 -
[10] - Quote
So you split it, you say that there is:
1. .01 isk war on an item that has low turnover- eg 6 months.
2. .01 isk war on an item that has high turnover - maybe seconds, eg PLEX.
I tell you, that when i say "zerg" or ".01 isk war" i am, and most, players, refer to a high turnover items.
Hard for me to even imagin an item with 6 months turn over that has isk war on it, the demand increases and so the supply follows.
So when he said highturnover, i replied with "zerg on" :) |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 14:02:00 -
[11] - Quote
goatplasma wrote:arabella blood wrote:So you split it, you say that there is:
1. .01 isk war on an item that has low turnover- eg 6 months.
2. .01 isk war on an item that has high turnover - maybe seconds, eg PLEX.
I tell you, that when i say "zerg" or ".01 isk war" i am, and most, players, refer to a high turnover items.
Hard for me to even imagin an item with 6 months turn over that has isk war on it, the demand increases and so the supply follows.
So when he said highturnover, i replied with "zerg on" :) True Sansha Armor Reps in Jita seem to have idiots updating their buy orders every few minutes, despite those things only selling a few times a day for 10mill profit.
Are you telling me few times a day isnt high turnover, in jita, compared to the other 8500 items? |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 14:12:00 -
[12] - Quote
Ffs, its almost HFT, its based on high turnover profits, the hell we argue here about? |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 14:28:00 -
[13] - Quote
goatplasma wrote:arabella blood wrote:
Are you telling me few times a day isnt high turnover, in jita, compared to the other 8500 items?
I'm saying for the volume at which that item sells, and the low profit margin for that volume, that item seems to have a particularly high amount of competition for reasons which I cannot figure out.
Ill try explaining because im one of the idiots buying this item. (OMG he reveals his items!  )
I find it high turnover enough for my taste, and low risk as well.
If i manage to buy me several of those a day i net 10mil you say? Multiply it by the amount of max buy orders i keep - around 150. I will net roughly more then a bil..for such a low risk and decent profit i agree to update my orders a"lot".
Looks like other players/bots found out about as well :) |
arabella blood
Black Scorpions Inc
Circle-Of-Two
22
|
Posted - 2013.06.27 15:20:00 -
[14] - Quote
goatplasma wrote:arabella blood wrote:Ill try explaining because im one of the idiots buying this item. (OMG he reveals his items! ) I find it high turnover enough for my taste, and low risk as well. If i manage to buy me several of those a day i net 10mil you say? Multiply it by the amount of max buy orders i keep - around 150. I will net roughly more then a bil..for such a low risk and decent profit i agree to update my orders a"lot". Looks like other players/bots found out about as well :) There's only so much volume of an item in a market per day, multiplying the amount of buy orders you have won't necessarily multiply the profit. I guess it's just that 10mill/day on a single item seems very low, even for a newbie trader. Whether you want to trade in that item is up to you though, I just don't do it because I don't think it's worth the time when there are thousands of other more fast flowing and higher margins on the market with less competition IMO.
but we were doing pretend mathematics, when all my items net 10mil
lets explain this from a different angle.
1. Market bots exist? yes.
2. people use them? probably.
2. are they good? it seems.
3. do they bring profit? i guess.
4. should i use them? no.
5. why? ill get a ban.
6. can i do something similar? do it manually...
7. ill get the same amount of isk as a bot? maybe.
8. but its boring? but its profitable...
and so doing HFT manually in eve brings profit.
10mil from an item is good.
few times a day even better.
low risk - splendid.
many items like that - PROFIT.
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