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Spud Lazair
Hedion University
Amarr Empire
46
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Posted - 2015.02.16 20:25:01 -
[1] - Quote
As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated.
"Accept that some days you are the pigeon and some days you are the statue"
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Koniforous
Tauren Transit
202
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Posted - 2015.02.16 20:38:21 -
[2] - Quote
Start a bank!
TAUTX: Private Bank and Lending
TAUTX: Collateral Liquidation / Discount Items
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Dakkare Volkanus
Brave Newbies Inc.
Brave Collective
20
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Posted - 2015.02.16 20:57:06 -
[3] - Quote
You're right, perseverance. Finding the right items to buy and sell can be tricky. I personally will not play the .01 isk game. Prices fluctuate enough that I don't think it is necessary. Everything I sell, sells eventually without needing to do that. My time is more important than .01 isk. With that said, I also prefer region trading vs day-station trading. What I do is place buy orders out and about, then haul it to hub and place sell orders. Diversification is also important. Having all your eggs in one basket to me is not such a great idea. Other tips I can offer, be sure to train your trading skills up to an acceptable level for you, obviously the higher the better. Maximize your faction and corporation standing to a level that is acceptable to you; again, obviously the higher the better. |
Vaerah Vahrokha
Vahrokh Consulting
5650
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Posted - 2015.02.16 21:36:06 -
[4] - Quote
Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated.
1) Search for a market your pilot skill can afford. Contrary to popular belief, Jita is not the best starter zone.
2) From 50M (I got with mining  ) I got to 1 - 1.2B in one month, by typing " II" in the market search and taking what sold more than 500 a day. I flipped stuff not higher than 1.5M a piece therefore I kept much less ISK "locked down" per unit than you are doing.
Basically, search for an appropriate market, search for affordable and liquid items with good turnover. That's it.
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel
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Ms Sade
Hammertime Holding
Division Nine Alliance
11
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Posted - 2015.02.16 21:38:28 -
[5] - Quote
Waffles, good margins and items that sell quickly and possibly in volume.
Actually you can forget the waffles - you need items that have a margin you're happy to trade at that move quickly...
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Eliram Kahoudi
Big Fluffy Bunnies
101
|
Posted - 2015.02.17 02:57:18 -
[6] - Quote
first billion doing what you are doing but with ammo. volumes are alot better and was able to spread it out to make more faster. |
Rockerguy 101
IceBox Inc.
Lasers Are Magic
3
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Posted - 2015.02.17 04:34:49 -
[7] - Quote
I turned 40mil into 1.2 bil in about a month in jita station trading with my alt. I just searched the market for items that had good margins. Looked for better items, as well as planned ahead for more expensive items I could trade when I had more isk. That is about it really... Now though I'm getting tired of the .01 isking people do in Jita. It only seems to be getting worse as I move up. Planning on making the move to a secondary hub very soon. As for turning a billion into billions, I don't know yet. Hoping to turn a bil into multiple billions, then maybe I'll head back to Jita. 
Explorer | Ghost | Caldari Militia
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Sequester Risalo
Significant Others
55
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Posted - 2015.02.17 12:44:03 -
[8] - Quote
Start a thread asking for an uncollatoralized loan of billions -> Profit |
Spud Lazair
Hedion University
Amarr Empire
46
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Posted - 2015.02.17 12:53:21 -
[9] - Quote
thanks for the replies, so basically i am on the right track. As for jita i was looking to move but not sure which would be the next best hub to go too? i don't really enjoy the .1 isk game hence i only log on to the alt once per day for 30 minutes tops.
is buying for 5.4 and selling for 5.9 ok or should i be looking to make more? i do 1 other item but i only make 1000sik profit per item but they sell loads :)
"Accept that some days you are the pigeon and some days you are the statue"
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Tau Cabalander
Retirement Retreat
Working Stiffs
4605
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Posted - 2015.02.17 18:40:51 -
[10] - Quote
I started by hauling ore in an Industrial, reprocessing it (compression might be a better business these days), and selling the resulting materials.
It eventually got to the point where I had a friend hauling for me because he had an Orca. He stopped hauling for me when he found out it wasn't ore that I had mined myself. 
With a single freighter now, I can easily manage >200m an evening doing this still, but it is very boring, and a PITA when small amounts of ore is scattered in multiple stations in multiple systems.
Tip: Placing a "smallest quantity 1" buy order for ore with a 4 jump range from Madirmilire is a BAD idea. Geez was that an epic mistake! Tour de Domain.
After that, the majority of my wealth came from manufacturing.
I've not had success with station trading. I tried starting with 5000 ISK, to see what would happen. The best I could accomplish was around 25% profit per turnover.
I gave-up after a while. It was just very slow, as one can't control how fast orders are filled. The following took nearly a month:
#0 = 5,000.01
#1 +20.706% = 6,035.31
#2 +20.692% = 7,284.16
#3 +21.798% = 8,871.97
#4 +22.252% = 10,846.15
#5 +23.101% = 13,351.79
#6 +8.03% = 14,423.93
#7 +18.831% = 17,140.13
#8 +11.172% = 19,055.10
#9 +21.226% = 23,099.74
#10 +20.936% = 27,935.95
#11 +14.07% = 31,866.57
#12 +21.22% = 38,629.36
#13 +28.84% = 49,770.54
#14 +4.00% = 51,761.98
#15 +13% = 58,490.70
#16 +13% = 66,092.83
#17 +13.39% = 74,940.39
#18 +13.12% = 84,771.07
#19 +24.20% = 105,285.86
#20 +25.56% = 132,193.20
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HeXxploiT
Little Red X
98
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Posted - 2015.02.17 18:52:57 -
[11] - Quote
Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated.
One piece of advice I will always be happy to give is pick a less busy region in nulsec, whether npc or player controlled, and select a trading character to dock there. Start putting buy orders in for ships. Buy orders in nulsec are much lower and it's generally much easier to stay at the top of the bid. As your skills increase and you engage in larger quantities of orders you will slowly begin to see buy orders fulfilled at 50% jita cost and as you turn around and sell them for twice what you paid the money starts trickling in in larger and larger quantities. When I say put in orders I don't mean a few I mean hundreds.
Using multiple clones or characters even on one account a trader can cover a lot of space.
This is really very basic and an excellent stepping stone to the big leagues. |
Zappity
Stay Frosty.
A Band Apart.
1774
|
Posted - 2015.02.22 08:49:31 -
[12] - Quote
First 1 b from region trading faction and T2 ammo between hubs. First 10 b from T2 modules. The rest from speculation because I became too lazy to keep updating all those orders every few days.
Public courier contracts are great.
Zappity's Adventures for a taste of lowsec.
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Damzk Raholan
Viziam
Amarr Empire
1
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Posted - 2015.02.22 11:31:30 -
[13] - Quote
Zappity wrote:First 1 b from region trading faction and T2 ammo between hubs. First 10 b from T2 modules. The rest from speculation because I became too lazy to keep updating all those orders every few days.
Public courier contracts are great.
You flipped T2 modules til you made 10billion isk? Damn. That must have been painstakingly slow. Those low profits. |
Luthias Austrene
Drone Orphanage
Ethical Carnage
13
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Posted - 2015.02.22 12:16:07 -
[14] - Quote
Damzk Raholan wrote:Zappity wrote:First 1 b from region trading faction and T2 ammo between hubs. First 10 b from T2 modules. The rest from speculation because I became too lazy to keep updating all those orders every few days.
Public courier contracts are great. You flipped T2 modules til you made 10billion isk? Damn. That must have been painstakingly slow. Those low profits.
In 4 weeks, starting from 2.8b capital, I'm up to 8b. I wouldn't call that painstakingly slow. There's probably better ways, but this is working just fine for me. Granted, I've ventured into ships and some deadspace+faction mods, but mostly T2 stuff for now. |
Elsa Asques
Signal Cartel
EvE-Scout Enclave
1
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Posted - 2015.02.22 17:34:50 -
[15] - Quote
I bought all the Quafe Ultra, Geckos and Genolutions when they came out. |
Zappity
Stay Frosty.
A Band Apart.
1775
|
Posted - 2015.02.22 19:26:00 -
[16] - Quote
Damzk Raholan wrote:Zappity wrote:First 1 b from region trading faction and T2 ammo between hubs. First 10 b from T2 modules. The rest from speculation because I became too lazy to keep updating all those orders every few days.
Public courier contracts are great. You flipped T2 modules til you made 10billion isk? Damn. That must have been painstakingly slow. Those low profits.
As Luthias said it doesn't have to be slow. It was for me (~6 months) because I never 0.01 ISK and don't update often.
Zappity's Adventures for a taste of lowsec.
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Holgrak Blacksmith
Prophets of Motav
235
|
Posted - 2015.02.22 20:15:09 -
[17] - Quote
stole it. Made Internet enemies in providence. |
HeXxploiT
Little Red X
103
|
Posted - 2015.02.22 21:00:39 -
[18] - Quote
Elsa Asques wrote:I bought all the Quafe Ultra, Geckos and Genolutions when they came out.
That sounds like a lot but if one looks at the numbers you're only talking about a couple 100% increase over a very long period of time. |
Elsa Asques
Signal Cartel
EvE-Scout Enclave
1
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Posted - 2015.02.22 22:07:26 -
[19] - Quote
But I made all my ISK in 2010-11 when we were first working out how to escalate C6 sites. I haven't traded (outside of finite CCP gifts) or shot red crosses since. So for me it's a fantastic return, as it takes zero input. |
Soltys
20
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Posted - 2015.02.22 23:22:08 -
[20] - Quote
Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated.
deadspace / faction / implants - this is the stuff to trade. Generally avoid stuff producible by players - though there're quite a few exceptions to it.
I assume you're not trading them, as 5.4mil is usually not their cost (though sometimes ...). |
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Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec
CODE.
4818
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Posted - 2015.02.23 00:05:57 -
[21] - Quote
Damzk Raholan wrote:Zappity wrote:First 1 b from region trading faction and T2 ammo between hubs. First 10 b from T2 modules. The rest from speculation because I became too lazy to keep updating all those orders every few days.
Public courier contracts are great. You flipped T2 modules til you made 10billion isk? Damn. That must have been painstakingly slow. Those low profits.
Depends which modules you flip. There's good ISK in the ultra-high turnover modules if you can get your broker fees very very low.
Chaos. Opportunity. Destruction. Excitement... Vote #1 Sabriz Adoudel for CSM 10
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Extractor Bill
Togenada Heavy Industries
1
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Posted - 2015.03.11 23:15:31 -
[22] - Quote
- Activity will always be your biggest driver for return. What is profitable never stays that way. There are hundreds of people in that hub doing the same thing, and they too will find the profitable items eventually
- Patience is key, review each order in increments. Watching the same item and making sure your top order will only result in a price war. That is basically ensures your kill the profitability of that item.
- Diversity is key, do not put all your eggs in one basket. You can't have your fortunes tied to the price fluctuation of one item.
- If you buy a large quantity, place it back on the market in multiple orders along the average market size for that area. If you dump a large quantity on the market at in one order, your order becomes the price floor and a price war is likely.
- Start small. The overall value of an item doesn't mean your going to make more. It does however tie up more of your capital. Trade in a value range where you can afford to have a diverse array of items on the market. Do not tie it all up in one or two items because you will become desperate, watch that item, and likely start a price war
- You will make mistakes, its the cost of doing business. If you mess up with a gamble that just is not selling, and its eating up too much capital, its ok to sell it off aggressively. Capital tied up in a lost cause will have you miss opportunities to make more isk. However, that doesn't mean killing your order if its only been a few days.
- Never forget to that profitability has a factor of time involved. That means slower market hubs demand higher margins because your orders will remain on the market longer, and your isk will be tied up longer. If your in a slower hub and making Jita margins, its time to rethink.
Slow and steady. Yes there are stories of those who went from rags to riches quickly. However your talking 0.1% of those who have tried. If it could be duplicated easily, everybody would be swimming in isk. Use your brain, be smart, and be patient.
Do few things better, and expand as you master each thing you do.
Learn to read supply and demand. While some might say this will let you get rich through speculation (it does for very few), it will not likely do that. What it WILL do is help you make better decisions on when you need to change your business strategy, identify what is a bad investment, and what investments might have potential. |
Noonian Enaka
School of Applied Knowledge
Caldari State
1
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Posted - 2015.03.12 10:24:04 -
[23] - Quote
Sabriz Adoudel wrote:
Depends which modules you flip. There's good ISK in the ultra-high turnover modules if you can get your broker fees very very low.
I tried that and it didn`t really work out for me tbh. Could be my bad skills with the brokers (Broker Relations 4) and low CN standings as I trade mainly in Jita.
When I came back to the game 2 Months ago I injected this char with 100 mill starting capital and worked my way up to a couple of Billions through trading as of now. When I hit the 2-3 billion mark I tried to invest in high turnover items, however I found the 0.1 isk war on those far worse then anywhere else. There seem to be a lot of people engaged in high-volume trading and when I do high volume items I would expect my stock to move quickly. That really wanst the case though because of constant undercutting. I tried to just let the order sit there and do some sort of swing trading. However for my taste there was too much capital tied up for too long with too little return.
Maybe my impression of high-volume trading is completely off, but I was expecting to move a stock of 1000 items in 2-3 days at worst when the item has a daily trading volume of 6000+ instead it took me more then a week with pretty much babysitting the orders several times a day.
At the moment I am doing much better at medium volume T2 items mixed with some faction stuff. There are great margins to be had on some T1 modules, but one would have to move massive amounts to make a significant impact in the wallet. |
Tear Jar
Glorious Revolutionary Armed Forces of Highsec
CODE.
320
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Posted - 2015.03.12 10:57:05 -
[24] - Quote
Sequester Risalo wrote:Start a thread asking for an uncollatoralized loan of billions -> Profit
Go with this OP. If you have an established trade history you are in a perfect position to ask for a 4b isk loan. Its a good way to get a one time isk boost. |
Luthias Austrene
Drone Orphanage
Ethical Carnage
14
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Posted - 2015.03.12 11:11:37 -
[25] - Quote
Tear Jar wrote:Sequester Risalo wrote:Start a thread asking for an uncollatoralized loan of billions -> Profit Go with this OP. If you have an established trade history you are in a perfect position to ask for a 4b isk loan. Its a good way to get a one time isk boost.
Speaking from experience, don't be surprised if you don't get it.
In fact, you probably shouldn't even bother with uncollateralized loans unless you're feeling lucky. |
Logan Revelore
Symbiotic Systems
45
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Posted - 2015.03.12 19:42:25 -
[26] - Quote
Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated.
How long did it take you to reach 400m? |
Angelica Everstar
90
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Posted - 2015.03.12 20:12:41 -
[27] - Quote
Anything less than 100m - do mining or missions.
Pays more than Trading per hour in most cases.
More than that, is starts flipping towards trading.
§ Any typos, bad spelling or grammar found, are yours to keep.
¢ Bonds: Current AE07 1 Trillion (Filled) // Total : 2+ Trillon ISK
¦Æ Angel ConsultingGäó || Angel's Pawn ShopGäó
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Zahara Cody
Imperial Corrections Service.
158
|
Posted - 2015.03.13 05:57:03 -
[28] - Quote
First by flipping highly researched tech 1 bpos. Made enough to start flipping tech 2 bpos. Invested into PLEX and Alliance Tournament ships. |
Marketman
Jita Market Traders Club
2
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Posted - 2015.03.13 11:11:31 -
[29] - Quote
I station trade mainly ( with some null imports) I try to keep it as simple as possible. I have a number of items that I track , I buy at a certain price and am quite happy to sit on my stock for weeks or even months until the price recovers . When it does I dont drop my entire stock in one go, but trickle feed it back onto the markets hopefully maintaining the higher price, and avoiding the 1sk wars. With the general ebb and flow of prices I can usually have 3-5 stock items each week that prices have recovered enough to be worth putting on the market.
Of course the risk is that some stock will never recover enough to give a decent return, the fun/skill is working out what items to buy, but if there wasn't that risk everyone would be doing it. |
Spud Lazair
Hedion University
Amarr Empire
46
|
Posted - 2015.03.13 18:17:48 -
[30] - Quote
Logan Revelore wrote:Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated. How long did it take you to reach 400m?
difficult to say really as i have not been very consistant playing the alt if i had to guess i'd say maybe i spent less than 12 hours playing the alt spread over 4 weeks
"Accept that some days you are the pigeon and some days you are the statue"
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Logan Revelore
Symbiotic Systems
46
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Posted - 2015.03.15 23:27:57 -
[31] - Quote
Spud Lazair wrote:Logan Revelore wrote:Spud Lazair wrote:As above. I started an alt with no skills and 10k in his wallet
I spent maybe 30 minutes a day checking orders and playing the .1 isk game
I have my alt at now 400mil isk and currently invest in an item that costs 5.4mil and i sell that for 5.9mil but i am finding this slow. Is it just a case of perseverance and doing what am doing or do i need to look at buying a different level product?
Any advice appreciated. How long did it take you to reach 400m? difficult to say really as i have not been very consistant playing the alt if i had to guess i'd say maybe i spent less than 12 hours playing the alt spread over 4 weeks
If you make sure to scale your trade and move your activities as you move along, then your rate is good I think. If you continue doing the same all the time without scaling up, then you'll reach a plateau naturally.
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Spud Lazair
Hedion University
Amarr Empire
46
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Posted - 2015.03.17 10:12:45 -
[32] - Quote
Do you base your buying on profit margins or demand, for example if am item cost you 300k and was selling for 340k and demand was high would you actually bother with that item for 40k or do you look for bigger profits in a less demanding product
"Accept that some days you are the pigeon and some days you are the statue"
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Noonian Enaka
White-Koga Association
3
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Posted - 2015.03.17 10:30:04 -
[33] - Quote
Spud Lazair wrote:Do you base your buying on profit margins or demand, for example if am item cost you 300k and was selling for 340k and demand was high would you actually bother with that item for 40k or do you look for bigger profits in a less demanding product
I do both tbh. If I can move a significant amount of said item in a short time that's all fine and dandy for me and I can live quite comfortably with 10-15% margins or less.
I just checked eve-mogul and my best performing product was Fullerite in the last week where I moved several 100k in units. Per unit profit was small but I made about 200 million net profit from that Item alone with very little hassle.
With medium demad Items I try to get somewhere around 30% profit or more if possible. I do not have the capital atm to engage in large scale swing trades or ultra-high volume stuff like minerals. This char is manily used to plex 2 accounts and build up a small nest egg for further endeavours of my main.
Less demanding for me are some faction Items. You do not have to babysit the orders constantly and you basically just need to sit out the weekend swing where module price drops 10-15 million during Saturday/Sunday just to recover come Monday afternoon.
Prime example from last week the True Sansha Sasis Webifier.
Sells around 205ish million in Jita atm. During the weekend it dropped as low as 187 million with buy orders at 185 million. I just left my sell orders sitting and they all sold out by Monday evening. |
Vanadium Voxus
Rekall Inc.
6
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Posted - 2015.03.19 14:08:39 -
[34] - Quote
Zahara Cody wrote:First by flipping highly researched tech 1 bpos. Made enough to start flipping tech 2 bpos. Invested into PLEX and Alliance Tournament ships.
And finally, he moved to one-of-a-kind monocles... |
Valhan
Rekall Inc.
6
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Posted - 2015.03.19 14:08:39 -
[35] - Quote
Zahara Cody wrote:First by flipping highly researched tech 1 bpos. Made enough to start flipping tech 2 bpos. Invested into PLEX and Alliance Tournament ships.
And finally, he moved to one-of-a-kind monocles... |
Jax Kazen
Prometheus Deep Space Mining and Salvage
32
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Posted - 2015.03.20 19:46:49 -
[36] - Quote
Moving Ammo / Drones from main hubs to mission hubs - mark it up 15% and wait. |
Sabriz Adoudel
Glorious Revolutionary Armed Forces of Highsec
CODE.
4888
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Posted - 2015.03.23 03:32:38 -
[37] - Quote
Jax Kazen wrote:Moving Ammo / Drones from main hubs to mission hubs - mark it up 15% and wait.
I tried that a few times (at least with ammo) and got burned and left the market.
Profits were nonzero but low, and a good deal of capital was exposed to changes in the ammo market (most notably, Crius killing off the price of T2 ammo).
Apanake at least had too much competition.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
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Bondor Zanphre
Union Rebels
1
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Posted - 2015.04.13 15:13:23 -
[38] - Quote
Know your audience, and what I mean by that is are you trying to trade in US, EU AU, RU time zones during peak server populations? When the most people are online that means the chances of the most traders are on as well. I try to upload orders or adjust orders during different times to find what works and what just won't sell during those times. There are small windows of opportunity to be had during small segments of time between the different time zones.
If someone buys 1 out of 1,000 items in your stack you've probably been added to a watch list so they can update an order after you log off. Rather than placing a large stack make the stacks small enough to sell so that by the time the competition checks their order they don't see yours staring at them. Look for orders that haven't been updated regularly.
I mainly buy in one area and haul to a different location for decent turnover. Spread out your stock so you don't focus on just one item that might fall overnight.
Sell pvp items that cancel each other for instance ecm modules to one faction and sensor boosters to rival factions in low sec. Low sec markets can be decent with turnover depending on the popularity of the region. Margins are great and wonderful but offering a fair price will go much further and farther trying to achieve your goals, user consumption increase in the region.
You can also increase the consumption of the region offering a price floor on an item, as other traders .01 isk the price well below yours. The item and region increases in popularity, sell items that assist or increase it's effectiveness. Then sell any of the left over items in the next region over just a bit higher.
When I'm selling in missions hubs with trade hubs nearby I camouflage my price so it doesn't draw .01 attention just a little higher than the lowest price at the main trade hub. When I sell in trade hubs I adjust pricing when the least amount of people are on. What goes up must come down, and when the pilots logon and see the lowest price, they buy.
If you're into speculative selling know that ores/minerals drop as supply increases during summer/vacation months as more pilots are active and mining. Barges/exhumers increase in price closer to July. Combat ship prices climb as well towards the ends of summer and spike in September according to market data history.
Train up remote trade skills to reduce travel time and border hop to stay on top of remote orders, very useful once a low sec market is stocked.
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Veine Miromme
Center for Advanced Studies
Gallente Federation
15
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Posted - 2015.04.13 18:51:21 -
[39] - Quote
1. capital + 2. investment + 3. risk management + 4. avoid to lose ISK in unsure gambles +
5. use the capital to leverage a greater profit
6. use the profit to increase capital
7. use the larger capital to increase the profit exponentially
(yes, this maybe for everyone, not limited to :
does he does this for everyone or,
does he mean that everyone can do this?)
Oh +
Cover your loses with profit.
Don't forget where you did wrong and use your experience to learn from your errors to improve your result.
Don't try to outsmart the market but rather,
use the market smartly. |
Ibrahim Tash-Murkon
Societas Imperialis Sceptri Coronaeque
122
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Posted - 2015.04.13 19:05:20 -
[40] - Quote
Luthias Austrene wrote:Tear Jar wrote:Sequester Risalo wrote:Start a thread asking for an uncollatoralized loan of billions -> Profit Go with this OP. If you have an established trade history you are in a perfect position to ask for a 4b isk loan. Its a good way to get a one time isk boost. Speaking from experience, don't be surprised if you don't get it. In fact, you probably shouldn't even bother with uncollateralized loans unless you're feeling lucky.
The credit market is frozen. It used to be much easier to get a few billion on an uncollateralized loan than it has been in the past year or so. Too many bad apples I guess.
"I give you the destiny of Faith, and you will bring its message to every planet of every star in the heavens: Go forth, conquer in my Name, and reclaim that which I have given." - Book of Reclaiming 22:13
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Aluka 7th
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Posted - 2015.04.14 07:44:15 -
[41] - Quote
Ive started with missions and trading turrets between hubs. That helped me learn all weapon stats and got me first bil.
Then I moved to manufacturing items. Started with Tech I items that were used and lost a lot like drones, drone mods, mining crystals, POS modules, warfare links and various tech 1 modules.
After that I "upgraded" to capital mods (capital armor reps, guns...), fighters, bombs, bubbles, XL ammo and Tech 2 components for subcaps.
Then I moved to rigs (Tech I only) which I expanded to bulk production of 5000m3 worth of rigs per day (2011-2014).
Even supplied some alliances with rig packages like weekly I sold 10000m3 of combined medium/small rigs to RvB.
Send similar loads to 0.0 where other people resold them for good markup. In highsec I've supplied Amarr, Dodixie and Rens.
At the end I produced all rigs of S/M/L size in T1 version and 50 types of XL size in T1/T2 versions and supplied people, mostly resellers, in bulk packages. I gave up good part of the profit so I don't have to play ISK cents.
Now I don't do anything much, mostly steal Gods days and spin ships in Jita :)
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