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Pumpmaster Flex
Incertae Sedis
Ragnarok.
0
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Posted - 2013.12.02 17:30:00 -
[1] - Quote
I have finally gotten some liquid isk together and I want to do something with it other than burn it on shiny ships and such. Whats a good place to start for someone without any experience. |
Beatrix Khiddo
the evocati
2
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Posted - 2013.12.02 17:35:00 -
[2] - Quote
increase relative trading skills is the first place. |
Pumpmaster Flex
Incertae Sedis
Ragnarok.
0
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Posted - 2013.12.02 17:38:00 -
[3] - Quote
Well I understand that is probably necessary but idk if I have the patience to station trade. all that .01'ing gets on my nerves. I see all these bonds and it seems like an easy way to make isk. although not alot of isk but at least its something. are these safe to lend isk to people like that? station trading would be nice but without the skill point investment I think I would be losing isk. |
Beatrix Khiddo
the evocati
2
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Posted - 2013.12.02 17:48:00 -
[4] - Quote
I hate the .01 game myself therefore I run trade routes.
Buy low from one system region, sell higher on market(engage in .01) or directly to the buyer.
remember, better standing with station yields better broker fees.
dont forget to account for tax.
I remember when I fist started this game, I would simply look at regional prices in one system of a given item...buy it, go pick it up and haul it to the highest buyer.
alot of the big players just want you to haul for them and theyll fix the sell market at their price.
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Pumpmaster Flex
Incertae Sedis
Ragnarok.
0
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Posted - 2013.12.02 17:58:00 -
[5] - Quote
Beatrix Khiddo wrote:I hate the .01 game myself therefore I run trade routes.
Buy low from one system region, sell higher on market(engage in .01) or directly to the buyer.
remember, better standing with station yields better broker fees.
dont forget to account for tax.
I remember when I fist started this game, I would simply look at regional prices in one system of a given item...buy it, go pick it up and haul it to the highest buyer.
alot of the big players just want you to haul for them and theyll fix the sell market at their price.
I can fly jf's on one toon and freighters on this toon, to get standings i assume one must engage in the epic fun times of grinding missions? |
Rthor
Smugglers Inc.
9
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Posted - 2013.12.02 20:21:00 -
[6] - Quote
Find a business partner. Let him do all the tedious work and then split the proceeds fifty fifty. |
Vaerah Vahrokha
Vahrokh Consulting
4762
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Posted - 2013.12.02 21:25:00 -
[7] - Quote
Pumpmaster Flex wrote:I have finally gotten some liquid isk together and I want to do something with it other than burn it on shiny ships and such. Whats a good place to start for someone without any experience.
Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich.
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Solai
Jolly Codgers
Get Off My Lawn
108
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Posted - 2013.12.02 23:09:00 -
[8] - Quote
For every item you see sold around New Eden, someone's stocking it in that location. For everything you've ever sold, someone put up a buy order.
If you don't want to do the .01 game, go someplace with fewer people, find items that aren't aggressively traded, and wedge yourself in there. Buy rat drops, or PVP loot drops, sell common-use modules.
It's daunting at first, but it really, really is simple once you've gotten experience. A lot simpler than you ever thought.
Try this: Find a mission hub somewhere, and buy and sell to those who use it.
Jolly Codgers corp - Bloodthirsty old men of Null-Sec. -á
PVP and organizational excellence through maturity, for pilots age 30+. |
Sabriz Adoudel
Mission BLITZ
1271
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Posted - 2013.12.03 00:02:00 -
[9] - Quote
What other aspects of EVE do you have better than average knowledge of?
Let's say you had previously been into incursion running and want out of it. Use your knowledge of what consumables incursion bears use, what ships they own that are destroyed, what modules they might use 'only until I can afford something better' and where they might upgrade modules and replace ships. Also use your knowledge of where gankers might sell modules confiscated from careless incursion runners. For instance, do they use (and lose) Garde IIs? Void L? Machariels? Is it common for them to initially fit tech 1 rigs to a ship then later upgrade them to tech 2 when they can afford to? I don't know, but presumably an ex-incursioner looking to get into trading would.
Then set buy orders in strategically chosen locations to entice gankers to sell confiscated modules and sell that stuff to the incursion runners in their preferred locations. Likewise look to sell ships and gank equipment to gankers.
https://forums.eveonline.com/default.aspx?g=posts&t=238931 - an idea for a new form of hybrid PVE/PVP content.
An enemy is just a friend that you stab in the front. |
Joan Greywind
No Swag Initiative
199
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Posted - 2013.12.03 05:55:00 -
[10] - Quote
Vaerah Vahrokha wrote:Pumpmaster Flex wrote:I have finally gotten some liquid isk together and I want to do something with it other than burn it on shiny ships and such. Whats a good place to start for someone without any experience. Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich.
Ahh yes, the old puns and wordplay to give the illusion that what was said has to be right.
In a competitive market usually 1 sides wins and the other leaves broke. There is always a winner and loser in PVP.
Better way to say it:-
Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich, but sometimes the rich leaves as an experienced loser, and the experienced leaves poor, and sometimes both together because they 0.01 each other to death.
Stick to candle graphs vahrokha, proverbs are not your thing. |
Rhivre
TarNec
Invisible Exchequer
639
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Posted - 2013.12.03 08:11:00 -
[11] - Quote
I would recommend trading things you know about, whether you do it in a trade hub, or in a mission/FW hub etc, at least to get started.
I would also say pop into the SCC-Lounge channel and feel free to ask any questions.
Fluffy Bunny Pic! |
Billy Hix
Team JK
10
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Posted - 2013.12.03 09:57:00 -
[12] - Quote
Vaerah Vahrokha wrote:Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich.
Where is that quote from?
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Sh0plifter
Underworld Initiative
23
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Posted - 2013.12.03 11:45:00 -
[13] - Quote
Considering you have a freighter and a jump freighter you could do a couple things. I am going to use 10b as a rounded number since i am not sure your liquid isk amount.
First of all. Get a T2 Cloaky hauler/blockade runner. I'd suggest a cloaky hauler for buy orders that have been completed in low sec.
With the freighter. Find gaps in the market. They are all over. There are gaps where I currently work at and to fill them all is putting me spending more time supplying then undocking in a PVP ship. This means I am leaving gaps because I cant be bothered to spend 8+ hours a day filling them all in the area I am working. Alot of traders are this way as well. Find your gaps, and roll with it.
With the Jump Freighter, there is a stipulation to this. Take into consideration your liquid isk. If you have 10b, you will be using 50-60% of your isk to get a JF if you do not have one already. Don't do that. Build your wallet, get a basic handling of things. First, use your JF pilot in a normal freighter and supply your high sec market gaps. Once you have turned your 10b into 20-30b and can generate an easy 1b a week. Get a JF, and start exploring lowsec markets. Do research on them first. Things to look for in lowsec are: activity, supply, ships destroyed, what ships destroyed the most, what types of guns, ammo, modules, etc. Don't bother with POS stuff. Fuels are nice though.
Buy Orders: If you can get stuff for cheap, for example Zydrine at 450 isk per when they sell for 680/isk.
Sell Orders: What is used, what isnt used. War decs for corps in the area. Etc.
Cloaky Hauler: The Zydrine I was talking about for example can be sold to you in lowsec and that hauler will get it for you at a minimal cost. I only ever use my JF if it will take up 80,000 m3 of space. everything else I will use my prowler for.
Jump Freighter: Jump it from the closest high sec system to it to reduce the fuel cost. Remember, you are trying to make a profit. Don't jump at max range with JDC5 to the lowsec to pick up the goods.
Trading Characters: All of my trading characters started as traders, evolved into basic haulers. Hull upgrades 2 for t2 cargo expanders, Astronautic Rigging 2 for T1 Cargo Expanding rigs (only needs 1). If you are going to be ganked, your going to be ganked. No reason to put a ton of training into shield skills for a basic hauler.
Hauling: Never haul enough to make people want to gank you in T1 Haulers, Never haul more then 4b in a freighter/JF to make people want to gank you.
Courier contracts: If you cannot be bothered to run around and pick stuff up. You can get cheap courier contracts setup for High Sec to high sec. Remember to not make the cost more then the profit you will make. So, if need be run a basic haulers out to the system, consolidate and maybe the systems next door with stuff all into one systems station. Then do the courier.
If you are going to be running in the same region. Look at your skills. There is no need for some skills if you wont use them. Make sure you fully understand the skill to avoid training a skill to 5, that you wont use.
Skills to train off the bat:
Accounting 5
Broker Relations 5
Margin Trading 5
Trading 5
Retail 5
Wholesale 5
Tycoon is a good skill but I found little need for it when I first started.
Splurging: Try to avoid splurging isk on hard to sell things or splurging on items of no need. If you also do missions and such, you can perfectly run level 4s/sanctums in a cheaper fitted Marauder then a deadspace fitted ship. Spend isk on ships and fits that benefit it, not create overkill.
Buying Characters: Some people make a ton of money in character trading. I don't really do that and I am unsure of the ways in which people do so given its 1.2b to buy 2 plex to trade it. So you automatically have to go 1.2b higher automatic. I would advise if you are going to buy characters make sure they will benefit you and do not break your wallet.
Trading Corporation: If you have trading characters, put them into their own corporation. Isk is easier to move around from wallets, I would advise though if you are doing mass movements with freighters alot, avoid putting any freighter character in a corporation. Wardecs slow the process and having to drop corp, rejoin, drop , rejoin is just annoying.
IF you do have your freighters in the same corp as your traders for a wallet. Always pay attention to wardec messages, and check for wardecs if you havent been on in awhile. It will save you the heartache of a 1.2b ship + whatever it was carrying. |
Sh0plifter
Underworld Initiative
23
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Posted - 2013.12.03 12:01:00 -
[14] - Quote
Also to note: Working with Materials/Salvage also gives you the opportunity to attach more profit onto it. An example of this is I build BC/BS commonly used in missions, as well in pvp. I can at times build the ships for 20-40% lower then market value due to the buy orders of materials, which allows me to use the isk I have alloted towards materials be used for this from a near perfect industrial character I have. So that is another form to turn your trading isk into a bit more. However, do note that same ships take awhile to move so when doing this beware that you could tie up several billion in ships that are just being a pain. So, make sure you watch and check movement statistics before trying to do this. You may need to move them to another region, you may need to not just build then and just sell the materials. Times fluctuate with it and ALWAYS use a high ME/PE BPO/BPC.
*****I would not suggest doing this unless you can be sufficient without x-amount of isk for a period of time. |
Rthor
Smugglers Inc.
9
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Posted - 2013.12.03 13:11:00 -
[15] - Quote
Or you can front run CCP or Goons. |
Tul Breetai
Impromptu Asset Requisition
Insurance Fraud.
428
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Posted - 2013.12.03 14:11:00 -
[16] - Quote
Buy PLEX.
There's nothing worse than an EVE player, generally considered to be top of the food chain in the MMO world, that cannot smacktalk with wit and coherency. |
Sh0plifter
Underworld Initiative
23
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Posted - 2013.12.03 14:49:00 -
[17] - Quote
Tul Breetai wrote:Buy PLEX.
and I thank you for keeping my subscriptions going. |
Vaerah Vahrokha
Vahrokh Consulting
4766
|
Posted - 2013.12.03 15:20:00 -
[18] - Quote
Joan Greywind wrote:
Better way to say it:-
Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich, but sometimes the rich leaves as an experienced loser, and the experienced leaves poor, and sometimes both together because they 0.01 each other to death.
Stick to candle graphs vahrokha, proverbs are not your thing.
Please excuse me if my 4th tongue is not as good as it should be.
P.S. you are wrong regardless.
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Rthor
Smugglers Inc.
9
|
Posted - 2013.12.03 15:21:00 -
[19] - Quote
Tul Breetai wrote:Buy PLEX.
Well if you do that then you are causing Eve-wide inflation according to some here. You cause mineral price increases and ship price increases. Do not do that for all our sakes.
You can only buy PLEX if by buying it you don't cause it to go up in price.
Every PLEX purchase causes inflation. |
Sh0plifter
Underworld Initiative
23
|
Posted - 2013.12.03 15:46:00 -
[20] - Quote
Joan Greywind wrote:Vaerah Vahrokha wrote:Pumpmaster Flex wrote:I have finally gotten some liquid isk together and I want to do something with it other than burn it on shiny ships and such. Whats a good place to start for someone without any experience. Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich. Ahh yes, the old puns and wordplay to give the illusion that what was said has to be right. In a competitive market usually 1 sides wins and the other leaves broke. There is always a winner and loser in PVP. Better way to say it:- Beware: when the "rich" meets the experienced, the rich leaves with experience, the experienced leaves rich, but sometimes the rich leaves as an experienced loser, and the experienced leaves poor, and sometimes both together because they 0.01 each other to death. Stick to candle graphs vahrokha, proverbs are not your thing. Sounds like a partnership based on telepathic conversations. I know the time one time I did a partnership with a friend I left with more experience, as did he, and we both left richer. Could be because we talked about what we were doing. Helped each other get deals based on our own capital available.
The one you described sounds like two monkeys ******* a wet log trying to make fire for the first time. Stick to sanctums in your wyvern, obviously a partnership with a lesser experienced person is not your strong suit.
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Sh0plifter
Underworld Initiative
24
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Posted - 2013.12.03 15:58:00 -
[21] - Quote
Rthor wrote:Tul Breetai wrote:Buy PLEX. Well if you do that then you are causing Eve-wide inflation according to some here. You cause mineral price increases and ship price increases. Do not do that for all our sakes. You can only buy PLEX if by buying it you don't cause it to go up in price. Every PLEX purchase causes inflation.
Yeah.. I use 14 plexes a month... I know someone who uses 32 a month (and he isn't even a botter). Out of everyone I know, I can only think of two people who pay for their accounts. Which is actually changing here soon since they are getting into marketing to the point they can pay for the 2-4 accounts. Since multi-character training came out plex prices have gone up in price. Indicating there is either more demand for them, or less people buying them.
Also considering that the number of active players at prime time has gone down in the last couple years. I highly doubt that it is a high supply of them, if anything more people buying plex would lower the prices of plex and ships/modules/whatever would go nowhere in price. Ships are in such a high production. They will continue to float slightly above material price. Just as the ships hardly raised in price when the Plexes went from 300m to 500, back to 350m-400m. Now they are 600m and ships are still pretty close to material price because everyone mining/missioning in high sec is kicking them out like they ate bad mexican food. |
Pumpmaster Flex
Incertae Sedis
Ragnarok.
0
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Posted - 2013.12.03 17:27:00 -
[22] - Quote
I appreciate the advice so far. I have gotten myself a trading alt with maxed trading skills. going to start out just trading small stuff for now. set up a spreadsheet that shows me margins after taxes and stuff. I need to start researching secondary markets to maybe seed some fw hubs or mission hubs. are there any corps or something that helps newer traders? I joined the scc-lounge as well. |
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