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who'syodaddy
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Posted - 2006.01.31 17:58:00 -
[1]
Edited by: who''syodaddy on 31/01/2006 18:02:45
common fellow traders, we all know you love to show off your earnings.
I'd like to know who is the fastest earner in EvE.
I'll start it off.
I started playing in september, and make around 200 mil a day trading if i want (three hours of work). My record is 320 mil in 24 hours.
considering i'm still a newb, I don' t think thats too bad.
Now for the really big boys :)
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Stratosfear
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Posted - 2006.01.31 20:14:00 -
[2]
1 M I L L I O N isk a day.
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Skaal Fa
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Posted - 2006.01.31 20:19:00 -
[3]
Best I managed back when I paid attention was 8.9 mill in 2 hours.... Now I just run a few zero jump routes and call it quits to run some L3 missions.
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Dark Shikari
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Posted - 2006.01.31 22:04:00 -
[4]
I made about 1 billion in half a week back just before Exodus.
I'm currently making about 50-100m a day trading, though I only play at most an hour a day tbh.
--
Proud member of the [23].
The Tachikomas are DEAD! Click sig for video.
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vammathar
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Posted - 2006.01.31 22:13:00 -
[5]
hehe
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Shinnen
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Posted - 2006.01.31 22:18:00 -
[6]
 Originally by: Stratosfear
1 M I L L I O N isk a day.
Im possibly less, but that's due to pvp, when NPCing I can make ~100m a day...
/me is going to start trading!
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INFOD |
Hillesumos
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Posted - 2006.01.31 22:19:00 -
[7]
Well you are doing pretty good I guess.
I have started in september too but I am not making this kind of money yet. probably more like 10M day if I am lucky.... I am still in the proces of learning the stuff rally so I will take my time.
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Sadly I just make ISK, I don't print it. :(
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Jenny Spitfire
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Posted - 2006.02.01 02:34:00 -
[8]
Originally by: Shinnen
Originally by: Stratosfear
1 M I L L I O N isk a day.
Im possibly less, but that's due to pvp, when NPCing I can make ~100m a day...
/me is going to start trading!
Also same. 
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RecruitMe@NOINT! |
mechtech
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Posted - 2006.02.01 03:06:00 -
[9]
are you talking about player market trading, npc trading,or both?
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who'syodaddy
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Posted - 2006.02.01 08:43:00 -
[10]
both.
and i'm talking net profits per day.... If someone says 'oh I made yesterday ten bil because i sold the mackinaw bpo', well that doesn' t count.
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Dimitri Chandler
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Posted - 2006.02.01 08:54:00 -
[11]
Edited by: Dimitri Chandler on 01/02/2006 08:59:18
If I am very very lucky, I can make over 2bn in one day.
My record is 2.4bn in just over 3 hours.
No way in hell am I telling you how, and it is completely legal and involves a lot of patience and luck.
Normally, without the luck I speak of, and using general, everyday methods of isk acquisition such as production and mineral trading, I make less than 50m a day.
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Vaux
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Posted - 2006.02.01 17:12:00 -
[12]
Yesterday I lost 250 mil.
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Vaux
CEO, Red Frog Investments |
Angelina Starchild
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Posted - 2006.02.01 17:28:00 -
[13]
Originally by: Vaux
Yesterday I lost 250 mil.
Good one :D
Today I only make about 50k/day, but I'm not even trying to make a lot of isk. generally just playing with stuff to see what works and such.
If I'd bother with it, I could probably make 10m/day fairly easily. And a 'day' for me is a few hours.
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Ample Shipyards is recruiting |
Adrastos Volos
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Posted - 2006.02.01 18:27:00 -
[14]
I am just learning the ins and outs of trading and the market items. I make about 2-4 mil a day. That is on average.
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Barbicane
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Posted - 2006.02.01 21:30:00 -
[15]
Originally by: Dimitri Chandler
Edited by: Dimitri Chandler on 01/02/2006 08:59:18
If I am very very lucky, I can make over 2bn in one day.
My record is 2.4bn in just over 3 hours.
No way in hell am I telling you how, and it is completely legal and involves a lot of patience and luck.
Normally, without the luck I speak of, and using general, everyday methods of isk acquisition such as production and mineral trading, I make less than 50m a day.
That's got to be escrow trading. Sit in a station and keep renewing the escrow list. When a bargain appears, snatch it up before anyone else does, and put it back up for a higher price. Am I right?
It requires very good module knowledge, a lot of liquidity, and a bit of luck. It's pretty high risk and not at all as easy as it sounds.
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Dark Shikari
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Posted - 2006.02.01 22:12:00 -
[16]
You can make that kind of cash by reselling T2 BPOs also.
--
Proud member of the [23].
The Tachikomas are DEAD! Click sig for video.
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who'syodaddy
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Posted - 2006.02.01 22:45:00 -
[17]
Yeah the thing with the 2 bil has the prize, still doesnt seem like I come out too bad. but even if 't is onec in awhile, 2 bil on a day is hard to beat.
I'm thinking of expanding my operations in the near future, and a pessimistic maximum to be obtained withing a month would be around 500 mil a day. One account, two three hours of play time
Beyond that, i think i need to find a new technique, because that seems to be the cap for me i think,a nd my current aim.
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LUC1FER666
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Posted - 2006.02.03 00:44:00 -
[18]
On a quiet day about 10m on a busy day 200m+
and thats about 3hrs play
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Eudoxus
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Posted - 2006.02.03 07:28:00 -
[19]
200mm a day? 1bn a day? I mean, I am dying to know what kind of capital you people are deploying.
I have made a bit of money buying stuff off newbs and npcs at below mineral prices. I can find things that I can sell for higher in another system but need to haul it, use capital and of course wait for it to sell. If I don't want to haul, I will eat profit margins setting up a courier mission. I have not learned production skills so if that is where you folks are making these huge wedges then I will not be seeing that kind of coin for a long time.
Other than the npc/noobs selling stuff below mineral value (which has nowhere near enough volume to make that kinda coin) I clearly must be missing something. I have tried the 'think outside my cargohold' but the best I came up with was the npc/noob below cost thing and that only works for low value stuff that at best might make 15k an item and get 10 items of volume a day; hence with 15 items and 15 buy orders and 10 per buy order a day that is only 2ish million. Now yes, fly from region to region and set that up in say 10 regions and maybe 20mm a day - assuming you can maintain those volumes.
So yea, count me in for 2mm a day of 'pure' free practically risk free trading that is not leaving a station. I think I will have to take a closer look at minerals maybe.
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Azraelion
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Posted - 2006.02.03 08:18:00 -
[20]
You definately have to invest alot of ISK to get even close to those numbers. I make about 50m a day, investment in the 200-500m range, rarely more.
The only way I could imagine to make ALOT more with trading only and without owning a freighter is reselling faction/officer loot and high end implants. Never tried it so far, you need alot of time and knowledge...and probably several billion ISK, because this stuff doesn't sell as fast as items you can trade via the market, so alot of your assets keep frozen for days.
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Eudoxus
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Posted - 2006.02.03 08:49:00 -
[21]
My other 'brainwave' was hauling out t2 stuff into 0.0 figuring surely there would be premium to be had for saving people coming back to empire to get weapons etc etc.
What I found is it IS possible to make some nice %age returns; 50-75% maybe BUT they are a long time coming. Turnover is abysmal. I figure based on how slow things turnover that I would need about 2bn in inventory to have enough sales in a a week to keep my fully occupied replenshing. What I also found is that some of this stuff sells much faster in empire but with less margin - but that less margin (30%) is much preferable as there is so much more turnover.
The most depresssing thing I found, having dragged out some t2 stuff to 0.0 was to find offers even lower than what I had bought at in what was what I thought was a cheap system. The saving grace of course was finding a higher priced system and selling not only the first wave for a small profit but the second wave from 0.0 BROUGHT BACK at a fat profit.
But to me, none of this is 'trading', this is all hauling.
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Darwinia
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Posted - 2006.02.03 09:31:00 -
[22]
I usually NPC until I fill my cargo hold or earn 10 mil in bounties.. usually takes about 45 mins.
Then I go and promptly lose some ships at PvP 
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I don't believe in sigs. |
Hillesumos
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Posted - 2006.02.03 10:08:00 -
[23]
Well,
As most traders have said in this thread, it take money to make money. Yes it is a slow and painful process. Yes it take a lot of money, I recon I can do 10% profit per day of capital invested (so 10M profit for 100M investment) and you get lots of money tied up in the market but it is fun and profitable. BUT the main advantage is that it continue working while you sleep or work. Unlike mining or npcing, i am earning money as we speak and this make a big difference.
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Sadly I just make ISK, I don't print it. :(
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Adrastos Volos
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Posted - 2006.02.03 14:29:00 -
[24]
Originally by: Hillesumos
Well,
As most traders have said in this thread, it take money to make money. Yes it is a slow and painful process. Yes it take a lot of money, I recon I can do 10% profit per day of capital invested (so 10M profit for 100M investment) and you get lots of money tied up in the market but it is fun and profitable. BUT the main advantage is that it continue working while you sleep or work. Unlike mining or npcing, i am earning money as we speak and this make a big difference.
Making money as you work/sleep....that sounds nice...But I am wondering....how?
Although I realize you may not want to share your secrets! I will have to try and figure it out. 
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Hillesumos
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Posted - 2006.02.03 15:14:00 -
[25]
Well adrastos,
There is no magic or trade secret involved there. It just require a little bit of thinking to understand how buy and sell order work. Basically, if you set a sell order with a profit margin included, you will make a profit when someone buy the stuff which can occur anytime wether you are playing or not. When you set a buy order, you want to buy something from someone and you know that you will make a profit afterward with this item. This also can happen at anytime. So basically, your money is tied in a buy order or in the item being sold and you will realise a profit when it is triggered at anytime during the game. This is a different system as regard to buying and selling directly on the market where it require you to be playing the game. Just see the timed one as regular trading profit while the more direct buy and sell like day trading in RL. Both can be profitable and fun to do.
It is quite funny for me since I can actually track what people are doing having regard to what they buy or sell from me. Being a trader in a region allow you to more closely understand its economy and what people do in a given day. It is like being the oil in the system and you get involved in all the steps.
If you want more info or want to meet some fellow traders, you can always join us on the trader's lounge for some quafe and useful trading tips. And you already have the trader's instinct since you did not ask for my trade routes.....
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Sadly I just make ISK, I don't print it. :(
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Adrastos Volos
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Posted - 2006.02.03 15:55:00 -
[26]
I appreciate the input. I have been into the lounge lately, quite a nice spot.
I have been doing more of the day trading. I have not got into any setting of buy/sell orders. I will have to look into doing more of that. Just been building up a good ISK base to work with.
And I would never dare ask another trader for a route. I am starting to see how much work it is to find a good system. Plus, it is much more rewarding to find a system that works for me. That is why I am enjoying trading so much!
thanks again for the input!
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Raindrop
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Posted - 2006.02.03 20:49:00 -
[27]
I make 20% on everything.
Raindrop
100% Carebear and loving it.
Collector of junk and leftovers.
NPC and low end minerals trader.
Hauler. |
Dimitri Chandler
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Posted - 2006.02.03 21:14:00 -
[28]
Edited by: Dimitri Chandler on 03/02/2006 21:16:20
Another trick is if you have, say 30000 units of something to sell, don't sell it all in the same place. Multiple small drops guard against people undercutting you. Most of my sales from production of smaller items come from non-market hub systems.
And the escrow trading is not as hard as it may seem. Some people are realy quite stupid with escrow. As I said, patience and luck. Lots of both.
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Adrastos Volos
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Posted - 2006.02.03 21:18:00 -
[29]
Originally by: Dimitri Chandler
Edited by: Dimitri Chandler on 03/02/2006 21:16:20
Another trick is if you have, say 30000 units of something to sell, don't sell it all in the same place. Multiple small drops guard against people undercutting you. Most of my sales from production of smaller items come from non-market hub systems.
And the escrow trading is not as hard as it may seem. Some people are realy quite stupid with escrow. As I said, patience and luck. Lots of both.
More good input.
ty
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Eamz
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Posted - 2006.02.04 01:25:00 -
[30]
2billion a day, i cant see how that is possible. all these people including OP, when you say trading, do you mean NPC markets, or player escrows or what?
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