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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!
---
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.
---------
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.
___________________________________
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.
---------
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.....
---------
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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Jentai Cylor
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Posted - 2006.02.04 05:22:00 -
[31]
Also remember to list your skill points. That makes a world of difference.
Im a newb, I only make 30-50 mil a day (when im trading and not F'in off somewhere). But then again, I have only played for a little over a month and have 1mil sp :)
Fun fun.......
Jentai
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Dark Shikari
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Posted - 2006.02.04 11:29:00 -
[32]
Originally by: Eamz
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?
He meant "One day he got 2 billion in a day."
I generally trade player markets and ***** escrow. I also build T2 using BPCs.
--
Proud member of the [23].
The Tachikomas are DEAD! Click sig for video.
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who'syodaddy
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Posted - 2006.02.06 11:21:00 -
[33]
Edited by: who''syodaddy on 06/02/2006 11:27:34
hmmm well to the questions asked :
I have 5 mil SP. lots of it in learning and in trading, negligable production skills.
I find myself most oftenly flying a shuttle,a itty V, and a viator, in that order.
I have a working capital of 1.5 bil, and yeah 100 mil is a minimum for two hours of play really. more often close to 200 mil than 100.
If i play any more that day i use my alt, which is an ebil piwate  and spend my earnings, its alot of fun if you can afford to lose a kitted battleship every day, does wonders for your pvp confidence.
I lost a raven yesteray :(
I do escrow, implant trading, and market.
Just takes a bit of research
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Plib
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Posted - 2006.02.06 13:00:00 -
[34]
I dabble in the markets and don't always keep my notes up to date. Nonetheless I make around 60 to 70 mil a week off it for a couple of hours work per week. I only do it for the challenge though 
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Gronsak
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Posted - 2006.02.06 15:42:00 -
[35]
Edited by: Gronsak on 06/02/2006 15:44:02
most ever made was 1.6bil in one day.
boought a t2 bpo. decided i didnt want to wast the 10 days training to build it. sold it back at 1.6bils profit
but that is very rare.
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Niaski Zalani
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Posted - 2006.02.06 15:52:00 -
[36]
My record is 4.2bn in about 4.5 days... ahh trade runs :)
include 'clue';
if ($youdontliket2prices == 1) {
$dontbuyt2 == 1
}; |
Xarkon
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Posted - 2006.02.06 21:40:00 -
[37]
Edited by: Xarkon on 06/02/2006 21:42:37
Edited by: Xarkon on 06/02/2006 21:40:17
This weekend, while shopping around for houses to flip, watching the Superbowl, reading over how to prepare my taxes, watching Japanimation and playing with my son, I more than doubled my bank account to 4.7 million ISK. All this after a little over 2 weeks of total game time (think I have a bit over 300,000sp). Granted, small time to most, but I thought it was pretty cool to see a little over 2 million on Friday and then see the 4.7 million Sunday night after I finished the sale of all the trades I had shipped in.
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Eudoxus
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Posted - 2006.02.07 07:41:00 -
[38]
Boy I am still just stunned at these numbers.
So on 1.5bn of capital you are making lets call it 150mm in 2 hours.
Now I have found something that sells and I can make 100% margin but it has taken 2 weeks to sell half of them - I bought 40mm worth so maybe in another 2 weeks will make 40mm in total or a tad over 1mm a day off this 'trade' - but of course I had to haul to do this. So even if I put all my capital into this (500mm) that would still only be about 10mm a day. 150mm a day with 3x my capital is 5x my capital efficiency.
I am thinking I have a new idea now though and, like a good trader, I am going to keep my mouth shut. 
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Incinate
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Posted - 2006.02.08 13:04:00 -
[39]
Wow, you guys are making nice return on your isk investments. Not meaning to steal you trade secerts but:
1. Are you using npc trade runs or market trades?
2. Do you have to haul from region to region or if you lucky can you find a money making trade run say over 5 jumps?
3. Are you using say an itty 5 or an obelisk?
I ask becuase ive recently considered venturing into this area and this post shows me how profitable it can be.
I see from Dark's post that escrow and t2 bpc has been profitable for him, however i have ittle isk and no industy skills 
This space for rent
Originally by: Backdoor Bandit
Prowling the back-systems of Khanid like a rent boy at Kings Cross
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Jentai Cylor
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Posted - 2006.02.08 22:31:00 -
[40]
Originally by: Incinate
Wow, you guys are making nice return on your isk investments. Not meaning to steal you trade secerts but:
1. Are you using npc trade runs or market trades?
2. Do you have to haul from region to region or if you lucky can you find a money making trade run say over 5 jumps?
3. Are you using say an itty 5 or an obelisk?
I ask becuase ive recently considered venturing into this area and this post shows me how profitable it can be.
I see from Dark's post that escrow and t2 bpc has been profitable for him, however i have ittle isk and no industy skills
Eve Trade Analyzer
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Azraelion
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Posted - 2006.02.08 23:56:00 -
[41]
Originally by: Incinate
Wow, you guys are making nice return on your isk investments. Not meaning to steal you trade secerts but:
1. Are you using npc trade runs or market trades?
2. Do you have to haul from region to region or if you lucky can you find a money making trade run say over 5 jumps?
3. Are you using say an itty 5 or an obelisk?
I ask becuase ive recently considered venturing into this area and this post shows me how profitable it can be.
I see from Dark's post that escrow and t2 bpc has been profitable for him, however i have ittle isk and no industy skills
1. Player Market
2. Knowing and comparing other regions prices is a key, so settle in a system with many other regions nearby.
3. Even an Ibis would be sufficient, well, at least it's cargohold
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Taco Perez
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Posted - 2006.02.09 00:22:00 -
[42]
I made 933M in a single transaction with an npc corp a while back. I was in the right place at the right time with a very large quantity :)
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Anfelina Adante
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Posted - 2006.02.09 00:22:00 -
[43]
Edited by: Anfelina Adante on 09/02/2006 00:24:44
Almost 3mill sp and avg. 2-4 million a day.
Heavy in industry/trade skills and haul stuff to warzones. Faster ways to make money like working 5/10 complex, but not as fun.
Am five jumps away from seven different regions.
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Argy
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Posted - 2006.02.09 06:51:00 -
[44]
The only things I've found profitable is mineral trading. I'm pretty sure this is just because I'm too lazy to do escrow browsing or looking for occasionally underpriced 425 protos. What is that you people are getting so rich off of? I like mins tho because I can buy in bulk, and sell in bulk, and is a steady market, as opposed to just being lucky/perceptive
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Lexor SLice
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Posted - 2006.02.09 15:08:00 -
[45]
i'm a pvper to the bone, i make 5mil isk a day or so selling loot but i can beat you up and take your isk i suppose
ESE is Recruiting skilled Miners and Pvp'ers!
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Kaaii
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Posted - 2006.02.09 18:05:00 -
[46]
3.5 bil with one click
"..Id rather fall beside 10 lions, than stand with One thousand sheep.."
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who'syodaddy
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Posted - 2006.02.09 18:18:00 -
[47]
Edited by: who''syodaddy on 09/02/2006 18:20:05
Quote:
3.5 bil with one click
'accept' in station when you are finally selling (putinuberomgleetoBPOT2/TEHROXORRNEWCAPITALSHIPZ) to some unlucky sod doesn' t count. Divide it by the time invested saving up/producing for that thing and we get a clearer picture ;).
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Kaaii
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Posted - 2006.02.09 19:40:00 -
[48]
Originally by: who'syodaddy
Edited by: who''syodaddy on 09/02/2006 18:20:05
Quote:
3.5 bil with one click
'accept' in station when you are finally selling (putinuberomgleetoBPOT2/TEHROXORRNEWCAPITALSHIPZ) to some unlucky sod doesn' t count. Divide it by the time invested saving up/producing for that thing and we get a clearer picture ;).
I was talking about trading, sorry you missed it..
"..Id rather fall beside 10 lions, than stand with One thousand sheep.."
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Jenny Spitfire
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Posted - 2006.02.10 17:35:00 -
[49]
Originally by: Kaaii
3.5 bil with one click
Kaaii is now primary.
----------------
RecruitMe@NOINT!
RAWRRRRRRR!!1 - Imaran
Wrangler, stealing Eris pink since a few days ago.
We always knew you had a thing for pink - Vanamonde |
who'syodaddy
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Posted - 2006.02.10 19:03:00 -
[50]
Quote:
3.5 bil with one click
OK if he did that trading, he can have the scepter ... geesh.
So, err you guys wanna hang out one of these nights, drink a few beers, and buy BOB ?
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Adrastos Volos
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Posted - 2006.02.10 20:36:00 -
[51]
Originally by: Kaaii
3.5 bil with one click
wow....
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Kaaii
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Posted - 2006.02.10 23:03:00 -
[52]
Originally by: Jenny Spitfire
Originally by: Kaaii
3.5 bil with one click
Kaaii is now primary.
ROFL!!!
Jenny you owe me a coke! mines dripping down the screen....
"..Id rather fall beside 10 lions, than stand with One thousand sheep.."
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Jenny Spitfire
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Posted - 2006.02.11 14:52:00 -
[53]
Originally by: Kaaii
ROFL!!!
Jenny you owe me a coke! mines dripping down the screen....
Sorry dear. I dont have any Coke left but would Quafe be any good at all?
----------------
RecruitMe@NOINT!
RAWRRRRRRR!!1 - Imaran
Wrangler, stealing Eris pink since a few days ago.
We always knew you had a thing for pink - Vanamonde |
who'syodaddy
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Posted - 2006.02.12 11:32:00 -
[54]
Edited by: who''syodaddy on 12/02/2006 11:33:02
http://oldforums.eveonline.com/?a=topic&threadID=292076
Guy in there is offring 100 bil for a hulk BPO.
other guy says 'gee, thats nice, but mine makes me 2.1 bil per week, guaranteed, so bye'.
guess he is secondary.
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MrFu
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Posted - 2006.02.12 18:15:00 -
[55]
How do people earn that much by ¦¦trading``?Is it posible with a normal hauler,or you require a freighter anyway?
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Ninja1= Pirate tactics are to board our ships,kill everyone onboard and steal our treasures
Ninja2= But...we dont have any ships
Ninja1= Yes,that gives us a significant advantage
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Hillesumos
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Posted - 2006.02.12 22:52:00 -
[56]
We earn that much with trading because 95% of eve population do not care about the price of everything except for big ticket items like BS or HAC. The remaining 5% ie the traders and industrialists care about it and make the money of it.
You do not need to have necessarily a hauler to do the trading. I started with a probe and still use it. What is more important is a very fat wallet so you do not miss any good opportunity you stumble around.
---------
Sadly I just make ISK, I don't print it. :(
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TiraX
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Posted - 2006.02.14 01:41:00 -
[57]
Originally by: Hillesumos
We earn that much with trading because 95% of eve population do not care about the price of everything except for big ticket items like BS or HAC. The remaining 5% ie the traders and industrialists care about it and make the money of it.
You do not need to have necessarily a hauler to do the trading. I started with a probe and still use it. What is more important is a very fat wallet so you do not miss any good opportunity you stumble around.
probe? Do you wish to clarify that?
----
No brain, No pain
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Adam Weishaupt
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Posted - 2006.02.14 03:38:00 -
[58]
The Probe is a Tech 1 Minmatar Frigate designed for small hauling runs.
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Rens PC
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Posted - 2006.02.14 14:29:00 -
[59]
Edited by: Rens PC on 14/02/2006 14:32:32
Right now I make 60-90 million a day in about two hours (aggregate) work on 750m in capital. I also fly a small T1 frigate, but I mostly do buy/sell orders, not hauling sell orders to buy orders. I hope that as I expand into new markets I can maintain around a 7% ROA (return on assets) per day up to 2-3 billion credits of assets.
Forgot to add my number of Trade skillpoints: 300k
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Jenny Spitfire
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Posted - 2006.02.14 16:06:00 -
[60]
Originally by: Rens PC
Edited by: Rens PC on 14/02/2006 14:32:32
Right now I make 60-90 million a day in about two hours (aggregate) work on 750m in capital. I also fly a small T1 frigate, but I mostly do buy/sell orders, not hauling sell orders to buy orders. I hope that as I expand into new markets I can maintain around a 7% ROA (return on assets) per day up to 2-3 billion credits of assets.
Forgot to add my number of Trade skillpoints: 300k
Are you an alt or a new guy?
----------------
RecruitMe@NOINT!
[white]Jenny Spitfire podded me [:oop |
Maximum Panic
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Posted - 2006.02.14 16:51:00 -
[61]
Well this thread can be discouraging to newbies but I want to share my story to success. My main is 3 years old and I only had 1 account for the first 1.5 years of play. I added a 2nd account when it became obvious to me that I would need a fully skilled tech 2 builder. This is my tale of how to make billions - it doesn't involve one click but lots of fun gameplay.
Beggining phase 1st 3 months of the game:
NPC trading - Got a bestower about as fast as possible and then started NPC trading electronics parts and robotics (these were uber early in the game). Eventually built up to the point that I could fully load up a bestower with 30M isk worth of robotics and make 6M isk on a 45min trade run. Watch out for 0.4 (and even 1.0 nowadays) and below gankers or your whole wad will be lost in seconds.
Early Midrange phase next 6 months of the game:
Aggrogate buying of Isogen in a region. Why isogen - cause once per month I would fly around and it would just about perfectly fill up my bestower. The deal was to set a lower than Yulai (used to be the trading hub) price of about 20% for the region and let the isogen trickle in over a month. Turns out some peeps who npc hunt just wanna sell off their few units of isogen rather than haul it around with them. I kept trading while this happened. Typical profits from this were about 30M isk per month per region. Eventually expanded to 3 regions but this took me 4 to 6 hours per region to pick up all the mins and sell them every month.
Late Midrange phase:
Buying BPOs selling BPCs. Started with an Armageddon BPO cause my market research showed it was the least owned and best selling for fleet combats. Basically took all the isk I had in the game to buy the BPO at 720M isk. Then researched it to ME10 and started selling BPC copies at 4M isk each 11 per week. With this cash flow and the trading and mineral aggregates I was able to add a Dominix BPO 3 months later and 2 months after that a Tempest and 1 month after that an Apoc BPO. To this day I still escrow sell the BPCs for about 66M isk per week (takes 20 min to enter into escrow).
It was at this point that I also switched to mining and dropped all the npc trading - however I kept aggrogate isogen buying for many more months. My corp had joined a 0.0 alliance and moved out to be mining *****es (25% of what we mined went to the alliance) for a strong pvp group. When my first night of 0.0 mining I made 30M isk worth of zydrine I decided that never again would I waste my time in empire moving npc goods around.
Tech 2 BPO phase begins (1 year ago)
If you can believe it the game went through a phase where there was nothing to spend your isk on except tech 2 BPOs. I could have finished my BS BPO collection but I wanted the challenge of building tech 2 ships. So with about 6 months of mining profits I bought a tech 2 intercepter bpo for 4B isk and started production. I still build and sell 50 Intercepters per month to this day making roughly 4 to 5M isk per intercepter. But still this BPO is not an I win button (250M per month is less than my BS BPC sales and takes a ton more work -like 4 hours- to get all the stuff together to build).
Tech 2 BPO Accumulation phase (last 6 months til now):
Well over the last 6 months between mining, BS BPC sales and tech 2 production I am making about 3B isk per month. Every month I have bought a tech 2 BPO and now have almost 20 assorted tech 2 bpos. I didn't buy them for the income at this point, I am buying them just becasue I can and really didn't want to get into the capital ship game. The nice thing is that I have invested about 20B isk into tech 2 BPO and right now they are worth somewhere around 30B isk on recent sell prices. I keep telling my self I should save up my isk and buy something else - but only tech 2 seems to exist.
That is my story
Maximum Panic |
Rens PC
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Posted - 2006.02.14 23:57:00 -
[62]
This character is an alt; my main is 20 days old.
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Incinate
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Posted - 2006.02.15 19:02:00 -
[63]
Man im really scratching my head and something else wondering how your making so much per day, ive sat there with both my accounts in regions trying to find something that i can make some kinda profit on and well, im still looking!
Makes me laugh that a 20 day account can do this and im still struggling!
This space for rent
Originally by: Backdoor Bandit
Prowling the back-systems of Khanid like a rent boy at Kings Cross
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Jenny Spitfire
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Posted - 2006.02.15 20:20:00 -
[64]
Originally by: Incinate
Man im really scratching my head and something else wondering how your making so much per day, ive sat there with both my accounts in regions trying to find something that i can make some kinda profit on and well, im still looking!
Makes me laugh that a 20 day account can do this and im still struggling!
Yea... me too. I wonder how Rens PC can have so much ISKs for capital as a newb?
----------------
RecruitMe@NOINT!
[white]Jenny Spitfire podded me [:oop |
Rens PC
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Posted - 2006.02.15 21:14:00 -
[65]
Jenny: I sold one 30 day time code and one 90 time code which I sold for slightly above market value. So I started with about 425m of capital. After buying a 20m skill (Margin) I now have a net worth of 800m. I am 20 days old, but I have only been trading for 10 days.
I guess I'm used to learning games quickly; after all, I wrote game guides (for EQ, SB, and WoW) semi-professionally for quite some time (and am still writing various things for gameguidesonline.com).
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Incinate
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Posted - 2006.02.15 21:48:00 -
[66]
Originally by: Rens PC
Jenny: I sold one 30 day time code and one 90 time code which I sold for slightly above market value. So I started with about 425m of capital. After buying a 20m skill (Margin) I now have a net worth of 800m. I am 20 days old, but I have only been trading for 10 days.
I guess I'm used to learning games quickly; after all, I wrote game guides (for EQ, SB, and WoW) semi-professionally for quite some time (and am still writing various things for gameguidesonline.com).
Care to help me....?
This space for rent
Originally by: Backdoor Bandit
Prowling the back-systems of Khanid like a rent boy at Kings Cross
|
Rens PC
|
Posted - 2006.02.16 15:31:00 -
[67]
Incinate: Certainly I can't give any specifics! but if it wouldn't be too presumptuous for a newbie to post a few trading ideas, in general terms, I'd be happy to start another thread with a brief guide.
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Incinate
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Posted - 2006.02.16 17:38:00 -
[68]
rens check your mail
This space for rent
Originally by: Backdoor Bandit
Prowling the back-systems of Khanid like a rent boy at Kings Cross
|
Rens PC
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Posted - 2006.02.17 12:16:00 -
[69]
Well, Incinate, it seems that my fulfilling your request for a guide raised something of a fire-storm. Ah well, I hope it helps you. Cheers!
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AmmunRa King
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Posted - 2006.02.18 16:04:00 -
[70]
Originally by: Rens PC
Well, Incinate, it seems that my fulfilling your request for a guide raised something of a fire-storm. Ah well, I hope it helps you. Cheers!
I am interested in your guide and I can pay isk for it;but I must admit there would be nice a sample of it as summary on my evemail box
Thanks and good luck!
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Rens PC
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Posted - 2006.02.18 16:52:00 -
[71]
Ammun, thank you for your kind offer, but the guide is free to the community. Follow this link.
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scout99
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Posted - 2006.02.23 23:05:00 -
[72]
How can you buy and sell time codes? Im confused here
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Rens PC
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Posted - 2006.02.24 00:55:00 -
[73]
It's pretty easy...someone gives you money, you then tell them the code in an evemail or a convo.
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kidcash
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Posted - 2006.03.12 00:33:00 -
[74]
Edited by: kidcash on 12/03/2006 00:33:47
What I dont get is this BPO thing for capital ships. How much money could you make on that? Does anyone know how much cash it would take to buy such a blueprint (1-10-100 billion)? What would be the mechanism then to start making money from it? How much money could one make?
Regards, a cash kid
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Scake
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Posted - 2006.03.12 00:46:00 -
[75]
Originally by: Maximum Panic
Well this thread can be discouraging to newbies but I want to share my story to success. My main is 3 years old and I only had 1 account for the first 1.5 years of play. I added a 2nd account when it became obvious to me that I would need a fully skilled tech 2 builder. This is my tale of how to make billions - it doesn't involve one click but lots of fun gameplay.
Beggining phase 1st 3 months of the game:
NPC trading - Got a bestower about as fast as possible and then started NPC trading electronics parts and robotics (these were uber early in the game). Eventually built up to the point that I could fully load up a bestower with 30M isk worth of robotics and make 6M isk on a 45min trade run. Watch out for 0.4 (and even 1.0 nowadays) and below gankers or your whole wad will be lost in seconds.
Early Midrange phase next 6 months of the game:
Aggrogate buying of Isogen in a region. Why isogen - cause once per month I would fly around and it would just about perfectly fill up my bestower. The deal was to set a lower than Yulai (used to be the trading hub) price of about 20% for the region and let the isogen trickle in over a month. Turns out some peeps who npc hunt just wanna sell off their few units of isogen rather than haul it around with them. I kept trading while this happened. Typical profits from this were about 30M isk per month per region. Eventually expanded to 3 regions but this took me 4 to 6 hours per region to pick up all the mins and sell them every month.
Late Midrange phase:
Buying BPOs selling BPCs. Started with an Armageddon BPO cause my market research showed it was the least owned and best selling for fleet combats. Basically took all the isk I had in the game to buy the BPO at 720M isk. Then researched it to ME10 and started selling BPC copies at 4M isk each 11 per week. With this cash flow and the trading and mineral aggregates I was able to add a Dominix BPO 3 months later and 2 months after that a Tempest and 1 month after that an Apoc BPO. To this day I still escrow sell the BPCs for about 66M isk per week (takes 20 min to enter into escrow).
It was at this point that I also switched to mining and dropped all the npc trading - however I kept aggrogate isogen buying for many more months. My corp had joined a 0.0 alliance and moved out to be mining *****es (25% of what we mined went to the alliance) for a strong pvp group. When my first night of 0.0 mining I made 30M isk worth of zydrine I decided that never again would I waste my time in empire moving npc goods around.
Tech 2 BPO phase begins (1 year ago)
If you can believe it the game went through a phase where there was nothing to spend your isk on except tech 2 BPOs. I could have finished my BS BPO collection but I wanted the challenge of building tech 2 ships. So with about 6 months of mining profits I bought a tech 2 intercepter bpo for 4B isk and started production. I still build and sell 50 Intercepters per month to this day making roughly 4 to 5M isk per intercepter. But still this BPO is not an I win button (250M per month is less than my BS BPC sales and takes a ton more work -like 4 hours- to get all the stuff together to build).
Tech 2 BPO Accumulation phase (last 6 months til now):
Well over the last 6 months between mining, BS BPC sales and tech 2 production I am making about 3B isk per month. Every month I have bought a tech 2 BPO and now have almost 20 assorted tech 2 bpos. I didn't buy them for the income at this point, I am buying them just becasue I can and really didn't want to get into the capital ship game. The nice thing is that I have invested about 20B isk into tech 2 BPO and right now they are worth somewhere around 30B isk on recent sell prices. I keep telling my self I should save up my isk and buy something else - but only tech 2 seems to exist.
That is my story
Maximum Panic
Really enjoyed reading that, very inspiring. Cheers for posting it
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who'syodaddy
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Posted - 2006.03.12 14:49:00 -
[76]
Edited by: who''syodaddy on 12/03/2006 14:51:23
starting a couple of months ago i was so happy with 20 mil a day. figured i'd never be able so spend it fast enough.
whne I made this thread I was so happy to make between 150 / 200 a day. Figured it would get me in the t2 market fast.
now, two months later, i'm ****ed of if i make less then 350 mil a day...I want to buy that snake set, this Character, and the bpo on the left and i want it NOW, not in a week from now ^^
I'm starting to scare myself about my newfound 'greed' , those older chars with billions in the bank never willing to lend out large capital to other players is starting to make sense now...Anyone else has this illogical 'impatience' the more they earn ?
WTB : one EVE shrink to tell me I'm a great guy
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Scake
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Posted - 2006.03.12 17:20:00 -
[77]
Originally by: who'syodaddy
WTB : one EVE shrink to tell me I'm a great guy
Your a great guy  now share the wealth
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Frederik Prock
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Posted - 2006.03.13 06:33:00 -
[78]
Another post from yet another noob.....
Just started playing about 8 days ago. I have a paltry 4.5 million ISK and I fly a hoopty. However I am not one for repeating anothers way to success, although props to them. So far, for me, arbitrage seems to be the only way to make money trading. I am a student of finance/economics and so far real life economical models rarely apply to this game, at least readily. Im sure they are there but I dont see them. Any advice or just general tips besides the obvious things? Oh and i've noticed that the supply and demand do not make any sense. For instance, today I was went to Therusse (the supposed home system of the long-limb roes). Not only is there no station there, there were absolutely no long-limb roes for sale....in the entire region. Is this normal operating procedure for goods or just flawed logic?
Thanks, Fred
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Dorga Alnir
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Posted - 2006.03.13 10:54:00 -
[79]
Originally by: Frederik Prock
Another post from yet another noob.....
Just started playing about 8 days ago. I have a paltry 4.5 million ISK and I fly a hoopty. However I am not one for repeating anothers way to success, although props to them. So far, for me, arbitrage seems to be the only way to make money trading. I am a student of finance/economics and so far real life economical models rarely apply to this game, at least readily. Im sure they are there but I dont see them. Any advice or just general tips besides the obvious things? Oh and i've noticed that the supply and demand do not make any sense. For instance, today I was went to Therusse (the supposed home system of the long-limb roes). Not only is there no station there, there were absolutely no long-limb roes for sale....in the entire region. Is this normal operating procedure for goods or just flawed logic?
Thanks, Fred
Frederik,
I too am new to this game. I'd like to point out however that the presence of arbitrage in the game does not actually imply that usual economic models don't apply. In fact it is entirely natural to observe some opportunities to make money by trading on the posted prices, as executing the trades requires effort, spending time and in many cases a considerable element of risk. What we are observing is in fact the market price of player's time and of risk.
I'm sure that there are other criticisms available of the EVE economic model, but the very presence of traders such as us actually tends to even out any such flaws. We are the oil that makes the engine run.
Dorga Alnir |
Hillesumos
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Posted - 2006.03.13 11:05:00 -
[80]
Economists love to talk about economic model and the fact that people have the knowledge to make informative economical choice. But that is only in theroy, like in RL, players in Eve have various interest. I would says that they are mostly mildly concerned about pricing unless it is a very expensive item. They will simply buy the goods if they can afford it simple as that really. However, they will go at great length to find the most uber DPS making BS or the best tanked HAC. Go figure....
My advice: take the profit and think later.....
---------
Sadly I just make ISK, I don't print it. :(
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who'syodaddy
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Posted - 2006.03.13 11:39:00 -
[81]
Quote:
Oh and i've noticed that the supply and demand do not make any sense.
They don't make sense for the tradegoods, paradoxically that system is very artificially induced.
The player market however (production of t1 and t2 an sales of these things) DO follow hat rule pretty clearly though :D
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babyblue
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Posted - 2006.03.13 17:53:00 -
[82]
There are people who will contact relative n00bs they see with a new Tech II BPO and offer them some stupid price for it (you know 500mill for a 2.5bill BPO) - thats a good way of making money, by ripping people off - probably the most profitable, obviously. So when someone boasts, "I made 2.5 billion isk with the click of a button", that is one way of doing it.
The other is to exploit noted changes in item prices. CCP have stopped doing this now, but they used to set new values on the test server, or note price changes in change logs, people would go out and purchase the item at the old price and then after the patch, BOOM, instant profit. This happened with POS items after they went up and also people tried to do it with the tractor beam BPO, which was f'ing hilarious as some people bought thousands of them only for CCP to decide it would be an exploit and cancel the change. Classic!
Personally, I make about 10 million per day from doing level 4 agent missions, but then I can cash in the LP at some point to effectively increase the amount earned over the period. eg. I got a +4 implant yesterday that will sell for 130 million or more. I also make around 60 million per week from my Tech II BPO's, thats profit, not turnover.
I only play a few hours a night as well, so I'm not doing too bad I don't think.
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Kikanju
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Posted - 2006.03.15 20:57:00 -
[83]
I am new to trading but one thing I can say is "Im hooked!"
Anyway, I made a 10mil profit yesterday in less than 2 min! :) bought an item for 11mil turned around and sold it for 22. So far thats my best deal in such a short amount of time.
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Miss Greed
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Posted - 2006.03.17 22:27:00 -
[84]
If someone only could say how they earned their big fish isk,Not like exactly how,but in what way.
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Kerushi
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Posted - 2006.03.17 23:20:00 -
[85]
once a time i was like most of u
decided it was enough with eve, went on a vacation after selling 2 chars and keeping my 3rd back then
6bil n00b char wich could fly a it5 and a shuttle
spent 4bil over the course of 2-3 months doing nothing besides of having fun and halping a few ppl financialy
once the retirment fund got down to ~2bil, i decided to pickup my life again with something i liked doing in the past, building stuffÖ
2 years of mining expirience so decided just to buy minerals, haul it over and build, couple of bpc`s later, decided to stock a few bship bpc`s, ended up with something like 55-65 at one time along with a collection of other ships and gear, mass production of t1 was born
not doing it for the money, i started to go trough the bship prints, not having a freighter was a problem so paid some 1 to haul minerals over and lose the profit and just build what ever looked decent and get my hands on some prints
several months down doing what i liked, getting an alt as backup production and another alt with a charon, i made some where between the 1 and 1.5b on what every one claims to be the easiest way to lose money... t1 production ;)
so?
just do something u like and have fun with, the rewards come by them selfs, keep an eye open for oppertunities (machariel bpc for less then 400m for example)
had a chat with a corp mate, he thought i`d laugh if saying he built a few t1 items for a living but having fun doing it
O`Mara is another example, liked building stuff, even the newbies frigates and gear, if he didn`t do those exceptional good reports, many people would have just laughed at him for trying to do an ipo
yes, this game is alot more fun when u have billions to spend, but, when u have that money and spent most part of it on fun, u`ll see that u aren`t missing anything aslong u have the working capital for what u like doing (ex: minerals for building)
my 2cent, don`t hunt happyness, have fun and it will come, cheating with gtc sales to get cash ain`t rewarding like building ur "empire" on ur own, also don`t sell ur chars, u`ll regret it later (i sure do )
GL out there
________________
I don't DO graphics, here's a sig anyway, wubwoo - Cortes
lol thanks :-) |
Vrizuh
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Posted - 2006.03.20 06:00:00 -
[86]
Just wanted to say, you guys are really something. I've greatly enjoyed reading this thread. I always loved how the dwarves in Lineage2 were repaid their lack of combat prowess with the ability to control the game economy. When I went to wow I was disappointed that players can be great at pvp, pve and market all on the 1 char without needing to focus their energies.
Its good to see that clearly, EVE has its own community of very canny people. I'll be trying my hand at trade once Ive mined some capital up (it'll make for something to do once I start my learning skills).
You guys are amazing. Cept the ones with pirate alts who will kill me someday. Not you :p
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sthymj
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Posted - 2006.03.20 12:42:00 -
[87]
It is relitively easy to earn a huge amount of isk "with one click", what is not detailled is the number of days it can take to get the goods in place to make the sale happen.
In the days when I just had a Badger Mk2, I hauled my ass off for days, making no money, just to make one big payoff happen.
Perhaps a better indicator of trading acumen would be to total how much all your assets are worth, then divide by the number of months you have been playing to give a figure of your average worth per month.
I have been playing for 15 months and reckon Im worth in the region of 6-7 Billion isk, which works out to roughly 400m per month. Its been a long, hard haul to get to where I am, but I now have two freighters running almost full time to keep up with demand and there is still room for expansion, I just physically dont have the time to haul any more.
The highest profit NPC item I have seen so far is xxxxxxx. These have a potential profit of over 1400isk per m3, enough to brighten most traders day, every day. The reality is that there is a lot of competition and too few buyers, so its hard, but not impossible, to realise that sort of profit on a regular basis.
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Behedwin
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Posted - 2006.03.22 15:52:00 -
[88]
Originally by: who'syodaddy
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 :)
hi!
nice to hear that you can earn 200mil a day if you want. and you are a newbie (or was).
i really want to know how you do that.
i am a newbie now and i like to trade and make is that way. but i have a really hard time doing that.
can u help me with some good tips?
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Naal Morno
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Posted - 2006.03.22 17:28:00 -
[89]
I will only say I noticed this post
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Bartrum
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Posted - 2006.03.22 20:33:00 -
[90]
Originally by: Behedwin
Originally by: who'syodaddy
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 :)
hi!
nice to hear that you can earn 200mil a day if you want. and you are a newbie (or was).
i really want to know how you do that.
i am a newbie now and i like to trade and make is that way. but i have a really hard time doing that.
can u help me with some good tips?
Think about it logically. No one is really going to go into any more depth than what you'll find in the Trading 101 guide, because if they reveal their trade secrets then you and potentially many others, who would read their reply, would utilize the method and try and get in on that market, resulting in it severely drying up profit wise or becoming completely dead all together. Besides a large part of the fun and satisfication is finding these things out for yourself.
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who'syodaddy
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Posted - 2006.03.23 10:12:00 -
[91]
stfu n00b that's not hgow it is at all, we all just fat greedy sleezeballs aand that's the final word.
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jn ishar
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Posted - 2006.03.23 11:13:00 -
[92]
Originally by: who'syodaddy
stfu n00b that's not hgow it is at all, we all just fat greedy sleezeballs aand that's the final word.
okay.. that scares me a litle...
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Cell Satimo
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Posted - 2006.03.23 16:24:00 -
[93]
6bn in Profit by Buying Towers before RMR and selling them after. Didn't even have to move 'em more than a few jumps.
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Bartrum
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Posted - 2006.03.23 16:58:00 -
[94]
Originally by: who'syodaddy
stfu n00b that's not hgow it is at all, we all just fat greedy sleezeballs aand that's the final word.
Yea, that as well
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