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Nikolai Ouroboure
Sebiestor Tribe Minmatar Republic
0
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Posted - 2014.12.21 22:40:43 -
[1] - Quote
I've been around for awhile, and made this character a year ago for the sole purpose of trading, made a good profit, quit for awhile, and recently got back into the game.
So far I've actually upped my wallet from a starting amount of 100 mil to currently 1.3 bil, but I'm getting tired of the constant penny games in the Jita market, and am considering moving to a smallar market.
Which do you think is better? Jita, or smaller markets?
I'm not asking for specific locations, only whether or not you think a smaller market would mean higher profit in the end. |
Tesal
443
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Posted - 2014.12.21 22:54:25 -
[2] - Quote
Find the low spot in the trade cycle and put up some orders near that low level (not the lowest level, but near it). When they fill, sell them near the top of the trade cycle. Most people don't do that and suffer through .01isk trade wars. That is what I do in Jita. I log in once or twice a month and update my orders/skills/Plex my account. You need the "margin" trade skill to level 4 to really make things work well.
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Daniel Plain
Science and Trade Institute Caldari State
2200
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Posted - 2014.12.21 22:55:58 -
[3] - Quote
don't play the .01ISK game. problem solved.
I should buy an Ishtar.
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TheSmokingHertog
TALIBAN EXPRESS
273
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Posted - 2014.12.22 00:45:09 -
[4] - Quote
Daniel Plain wrote:don't play the .01ISK game. problem solved.
This
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Nikolai Ouroboure
Sebiestor Tribe Minmatar Republic
0
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Posted - 2014.12.22 00:52:39 -
[5] - Quote
Daniel Plain wrote:don't play the .01ISK game. problem solved. I'm probably just ignorant, but I don't really see how to avoid that on good margin items... |
TheSmokingHertog
TALIBAN EXPRESS
273
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Posted - 2014.12.22 01:22:05 -
[6] - Quote
Nikolai Ouroboure wrote:Daniel Plain wrote:don't play the .01ISK game. problem solved. I'm probably just ignorant, but I don't really see how to avoid that on good margin items...
So adjust your target margin.
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec CODE.
4179
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Posted - 2014.12.22 01:37:05 -
[7] - Quote
I prefer Dodixie, because I have more knowledge of the region's supply and demand than I have in Jita. I also get much better broker fees there.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Aldur Saken
Titanium Resolve Mobius Confederacy
5
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Posted - 2014.12.22 08:36:50 -
[8] - Quote
I have never liked Jita, too crowded and full of 0.1 isk fanboi's. You can't however deny the sheer amount of trade that flows through the place. Its the eve online equivalent of LOTR Erebor. |
Rumbaldi
AgonyOfChoice
7
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Posted - 2014.12.22 16:18:43 -
[9] - Quote
I think if you stay in Jita then you will just have to play the 0.01 game, there just doesn't seem to be any way of escaping it. However I think if you are prepared to play that game then you sell your items in a shorter amount of time than other places.
I am sure there are 0.01 games at the other hubs too just maybe not so bad, but items will move more slowly.
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Angelica Everstar
69
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Posted - 2014.12.22 16:55:16 -
[10] - Quote
If you are doing 0.01 ISK - you are not doing it smart
§ Any typos, bad spelling or grammar found, are yours to keep.
¢ Bonds: Current AE07 1 Trillion (Filled) // Total : 2+ Trillon ISK
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Barakach
Caldari Provisions Caldari State
209
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Posted - 2014.12.23 17:37:14 -
[11] - Quote
Many of my buy orders takes hours, days, weeks, or months to fill. Some items have large cyclic swings, and I'll place buy orders to capture those down swings, then place sell orders to capture those up swings. It could be a long time between.
If you're looking for someone more face paced, try to find something that trade in high volume. Margins are smaller, but you typically only need to wait hours/days instead of days/weeks. |
Ioci
Bad Girl Posse Somethin Awfull Forums
531
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Posted - 2014.12.24 21:18:00 -
[12] - Quote
I remember one time I sat in a region for 6 weeks and checked Providence freighter prices by right clicking my ship. None were for sale the entire 6 weeks. I packed my Provi up, put up a sell order 1 mill below Jita and within ten minutes someone put a Provi freighter up for sale in that region cheaper than mine. Six weeks no activity, ten minutes after the order went up, boom I was undercut.
Point of the story? There is no remote in EVE. As soon as you interact with the market it's on a website somewhere and some is there to mess with you.
R.I.P. Vile Rat
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Alexi Stokov
State War Academy Caldari State
1
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Posted - 2014.12.24 22:03:32 -
[13] - Quote
Ioci wrote:I remember one time I sat in a region for 6 weeks and checked Providence freighter prices by right clicking my ship. None were for sale the entire 6 weeks. I packed my Provi up, put up a sell order 1 mill below Jita and within ten minutes someone put a Provi freighter up for sale in that region cheaper than mine. Six weeks no activity, ten minutes after the order went up, boom I was undercut.
Point of the story? There is no remote in EVE. As soon as you interact with the market it's on a website somewhere and some is there to mess with you.
How long did it take you to sell it?
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Ioci
Bad Girl Posse Somethin Awfull Forums
531
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Posted - 2014.12.24 22:36:54 -
[14] - Quote
Alexi Stokov wrote:Ioci wrote:I remember one time I sat in a region for 6 weeks and checked Providence freighter prices by right clicking my ship. None were for sale the entire 6 weeks. I packed my Provi up, put up a sell order 1 mill below Jita and within ten minutes someone put a Provi freighter up for sale in that region cheaper than mine. Six weeks no activity, ten minutes after the order went up, boom I was undercut.
Point of the story? There is no remote in EVE. As soon as you interact with the market it's on a website somewhere and some is there to mess with you. How long did it take you to sell it?
I didn't bother playing the game. I pulled the order, flew it to Jita and sold it from the buy orders. I had owned it for a very long time, paid less than 700 mill for it and sold it when they were going for just under 2 billion so I had a no lose scenario.
EVE is an 11 years old game that thrives on meta. Markets are not that dynamic by region. Much like my freighter, all my ISK has been made by having something for extended periods of time and they either reinvent through development to be worth much more or much less. The only time I got lucky by region was when they nerfed Pax Amarr reproc. Nocxium went up 400% and I got billions in mining crystals from slow regions but even that was less to do with regional and more to do with me knowing crystals had huge amounts of Nocxium in them.
R.I.P. Vile Rat
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Aineko Macx
320
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Posted - 2014.12.28 18:01:30 -
[15] - Quote
Nikolai Ouroboure wrote:Which do you think is better? Jita, or smaller markets? What is more important to you, margin or volume?
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TheSmokingHertog
TALIBAN EXPRESS
276
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Posted - 2014.12.29 02:35:57 -
[16] - Quote
Aineko Macx wrote:Nikolai Ouroboure wrote:Which do you think is better? Jita, or smaller markets? What is more important to you, margin or volume?
I see what you did there ;). |
SJ Astralana
Syncore
89
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Posted - 2014.12.30 03:04:48 -
[17] - Quote
Aineko Macx wrote:Nikolai Ouroboure wrote:Which do you think is better? Jita, or smaller markets? What is more important to you, margin or volume?
Obviously it's margin * volume. I've written a data mining report for T1 production, and after a lot of correlation analysis, I found that factoring in inventory doesn't impact profits. Surprised I was. I've also run this report against the main hubs and it looks pretty much the same across all of them, which simply tells me that efficiency squeezes everyone the same.
There's no reason why the same factors in production can't work equally in trade, in that you have overcut and undercut strategies, inventory, logistics, and opportunity cost comparisons. And I know for a fact that Dodixie, Amarr and Jita are essentially identical in profitability, .01 isking definitely not required.
Hyperdrive your production business: Eve Production Manager
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Sardis Charante
Nanogem
0
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Posted - 2015.01.01 11:19:21 -
[18] - Quote
Jita is not better or worse than any other trade Hub. However, Jita is the place to shop if you need a large selection of items, because a majority of Eve Gamers sell their goods in Jita. |
Otto3d
Aerospace Corporation
7
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Posted - 2015.01.02 16:14:13 -
[19] - Quote
Put your target price in (compare it with averages if you would like) and let it sit there for a long period of time. This would require patience, but the market fluctuates up and down just like the Stock Market. You will either a.) Sold your goods at your target price or b.) Did not sold your goods and will have to lower your price to meet the demand.
The only thing you need to have is patience. Or you can sell it under price if you would like it to be sold quicker. |
Rain6637
GoonWaffe Goonswarm Federation
29243
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Posted - 2015.01.02 23:21:43 -
[20] - Quote
Jita is a wretched hive of scum and villainy
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Hippinse
University of Caille Gallente Federation
31
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Posted - 2015.01.03 01:30:18 -
[21] - Quote
Jita is a maze of twisty little passages, all alike |
Alex Grison
Grison Industrial Group
904
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Posted - 2015.01.03 19:52:41 -
[22] - Quote
Might as well be jita
yes
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Alexander Boron
Uranium Moon
0
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Posted - 2015.01.18 19:15:18 -
[23] - Quote
Rain6637 wrote:Jita is a wretched hive of scum and villainy
My kind of place. :D |
Soltys
8
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Posted - 2015.01.21 00:56:41 -
[24] - Quote
Jita is pretty amazing place to make money, though it's best handled with help of Evernus (sort-of successor of Mentat and Elinor in one). Having large order pool (tycoon, wholesale) obviously helps a lot. |
Yehala
FISHERS INC
1
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Posted - 2015.01.23 00:03:20 -
[25] - Quote
If you are able to place multiple orders (we are talking hundreds of them) Jita can be a very nice place. Otherwise I like to go in other trade Hubs (Amarr, Dodixie, Rens..) it fits my style better :)
Yehala.
GÿàGÿà SERVICE - Spreadsheets Packs ! GÿàGÿà
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Jan VanRijkdom
House VanRijkdom Trading Conglomerate
15
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Posted - 2015.01.23 08:24:34 -
[26] - Quote
I've tried Jita a few times...not my thing. I Prefer slower volume with higher margins, I can only update once maybe 2 a day so this gives my Orders a chance to complete in a shorter time, (less competition), yet not having to babysit too much.
I go to Jita to buy things I know are much cheaper there or for contracts etc. Rare occasions.
.
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erg cz
Tribal Core
130
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Posted - 2015.01.23 12:45:31 -
[27] - Quote
Ever concidered FW trade hubs? They constantly lose ships and equipment, those guys out there, you know? |
Lan Wang
Coreli Corporation The Kadeshi
119
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Posted - 2015.01.24 08:35:25 -
[28] - Quote
Ive tried a few trade hubs and actually prefer jita as trading is a bit faster, some items i have to deal with 0.1 isk but other are not so bad, most of my orders will be filled throughout the day so i can login once a day and do some trading
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Jamie Jacobs
Royal Amarr Institute Amarr Empire
0
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Posted - 2015.02.03 09:46:16 -
[29] - Quote
Yehala wrote:If you are able to place multiple orders (we are talking hundreds of them) Jita can be a very nice place. Otherwise I like to go in other trade Hubs (Amarr, Dodixie, Rens..) it fits my style better :)
Yehala.
It seems that when going to other hubs you are still stuck with the 0.01 game. There might be less competition, but it doesn't really make a difference how many people undercut you, as long as someone always 0.01's you...? |
u3pog
Ministerstvo na otbranata
3
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Posted - 2015.02.08 22:21:37 -
[30] - Quote
Jamie Jacobs wrote:Yehala wrote:If you are able to place multiple orders (we are talking hundreds of them) Jita can be a very nice place. Otherwise I like to go in other trade Hubs (Amarr, Dodixie, Rens..) it fits my style better :)
Yehala. It seems that when going to other hubs you are still stuck with the 0.01 game. There might be less competition, but it doesn't really make a difference how many people undercut you, as long as someone always 0.01's you...?
Some items are not even sold on other trade hubs and I make quite the profit from them, so my answer is definitely Jita - it is a black hole - even if you have 1 trillion you'd still be able to "invest" them all, of course you'll have to go nuts checking all the orders like in the Matrix, except you are not Neo...or are you?
If you don't have the time, then Jita is not for you, though I manage to fill my orders on items with huge volumes even when I am not online. |
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