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Serena Darknight
TriStar Market Solutions
3
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Posted - 2016.04.22 07:29:33 -
[31] - Quote
Thank you for the information. I have wondered about how that works. I have been training it but do not need it at the moment. I have switched areas and I am now dealing in small time T2 modules. So far, it has been going well. I will give another update in a few days. |
Johnathan Coffey
Niforce Triggers
46
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Posted - 2016.04.26 14:25:17 -
[32] - Quote
This thread is pure nostalgia for me.
First rule of EVE UI: right click EVERYTHING.
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Fin Udan
School of Applied Knowledge
Caldari State
18
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Posted - 2016.04.26 14:39:33 -
[33] - Quote
Serena Darknight wrote:Well, here is an update on how I have been doing so far:
I decided to try trading in Lonetrek. I set up shop in Sobaseki and started buying and selling T1 shield extenders (and T2 when I could afford it). From there, two of the three career agent stations for Caldari are 4 jumps away and the third one is 8 jumps. I set my buy orders at career station + 2 jumps and Sobaseki was 5 jump buy orders.
After the first day, I realized that the 5 jump buy orders around Sobaseki was a mistake. I had one and two shield extenders littered all over the place and it took almost an hour optimizing routes just to pick up all of the items (and the Sigil has 3 Hyperspatials on it doing 7 AU/s). Twice, I had to venture into lowsec to get the goods, but I have a decent Magnate that can handle that. Couple of days ago, I dropped Sobaseki range to two jumps since I realized that was overlapping with Akiainavas and Jouvelen and the buy orders there. I just set up Uitra yesterday so not much from there yet.
As of now, I have:
Assets: 5.3m isk (my couple of ships mostly)
Wallet: 18.8m isk (was 9.2m yesterday)
Buy Orders: 19m isk
Sell Orders: 11.3m isk
Total Net Worth: 54.4m isk
I am planning on doing mining and Level 1 missions to suppliment my income. I have a mining ship but going to take a few million and invest in a frigate combat ship for mission running. I have decided that in the next day or two I will create my own solo corporation but will not take investors until I have a better understanding of what I am doing.
Instead of reducing the range of your buy orders you should be increasing it. The more stations that your buy orders are visible from the more inventory you will acquire.
Instead of running around collecting stuff you should sell your inventory in situ using the marketing skill.
You should aim at setting 20 jump range buy orders and having marketing4 and daytrading4 skills trained.
This will allow you to sell your inventory using remote sell orders and also allow you to remotely adjust sell order prices.
Hope this helps
I trade Eve Mogul
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Fin Udan
School of Applied Knowledge
Caldari State
18
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Posted - 2016.04.26 14:52:12 -
[34] - Quote
Apropos my last post I would be happy to give you an uncollateralised loan of 200m for 28 days at 15% interest.
Send me an evemail if interested
I trade Eve Mogul
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Karin Yang
Sebiestor Tribe
Minmatar Republic
26
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Posted - 2016.04.26 15:36:26 -
[35] - Quote
try some where less occupied with competitors if you don't have much isk and time. |
pushdogg
Tribal Liberation Force
Minmatar Republic
226
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Posted - 2016.04.27 05:36:22 -
[36] - Quote
I've enjoyed reading about your forays into trading OP, I wish you the best of luck. And please keep blogging, it's always good to see an Eve player take things into their own hands and make good on a game that has so many options for play.
+1 |
Tam Arai
Garoun Investment Bank
Gallente Federation
76
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Posted - 2016.04.27 07:42:17 -
[37] - Quote
i used to do similar to you in lonetrek
look at where the lv4 agents are and make sure you have them covered with buy orders for typical loot generated by mission runners. i used to run lv4 missions and looked at the loot i had generated over time and set up buy orders for the same things.
about once a month i would spend a day in my tayra collecting everything- tedious but some good profit
i seem to recall i used to set my buy orders up in umokka with a 10 jump range- only get a few lowsec systems included in that but i pretty much had all of hisec covered too apart from a couple of systems. |
Serena Darknight
TriStar Market Solutions
4
|
Posted - 2016.04.27 08:06:24 -
[38] - Quote
Here is an update on how I am doing so far. I decided to move to Jita for the time being and see how I do. I am not planning on staying here very long since I have had to do the 0.01 isk dance, and I don't like it. I am not on enough to really be competitive but it is a learning experience so far.
As of right now, here are my numbers:
Assets: 12,636,042.76 isk
Escrow: 14,860,476 isk with 8,775,649 isk to cover
Buy orders: 23,636,126 isk
Sell orders: 21,909,569 isk
Personal wallet: 17,332,044.48 isk
Corporation wallet: 49,583,293.55 isk
Not sure how I would add it up but I do not believe I have lost any isk in any buy to sell transaction, but with some of these transactions, the profit margin isn't that great due to the vast amount of competition in Jita. I think when I get some of my skills up, I might head back to Sobaseki.
Currently, my skills are as follows:
Accounting 4
Broker Relations 4
Contracting 1
Daytrading 1
Margin Trading 1
Marketing 2
Procurement 4
Retail 4 (training to 5 right now)
Trade 5
Visibility 1
I have it set up so most of these will train out to at least 4 after Retail 5 finishes here in about 3.5 days. I did not know about reselling all of the stuff I get at the same station and that I could do that. Wish I knew that sooner but lesson learned again. At least I know I haven't lost out on a transaction like I did with those missiles. I thank all of you for the info but I do refuse the loan. I hope you understand.
P.S. I do have a question though. Does my standing with the corporation who owns the station I am trading in have any effect whatsoever with trading taxes or is that still the refining? Do I need to start thinking of running missions to increase standing with any faction/corporation? |
Tam Arai
Garoun Investment Bank
Gallente Federation
76
|
Posted - 2016.04.27 09:40:44 -
[39] - Quote
from eveuniwiki
BrokerFee % = (1% GÇô 0.05% +ù BrokerRelationsSkillLevel) / e ^ (0.1 +ù FactionStanding + 0.04 +ù CorporationStanding)
Faction and corporation standings relevant to the station the orders are placed in will have an effect on the broker fee. Faction standings contribute significantly more than corp standings. Note that the unmodified standing is used for the calculation.
edit- increasing caldari navy and also caldari faction standings will help you in both jita and sobaseki |
Johnathan Coffey
Niforce Triggers
46
|
Posted - 2016.04.27 17:38:39 -
[40] - Quote
Tam Arai wrote:from eveuniwiki
BrokerFee % = (1% GÇô 0.05% +ù BrokerRelationsSkillLevel) / e ^ (0.1 +ù FactionStanding + 0.04 +ù CorporationStanding)
Faction and corporation standings relevant to the station the orders are placed in will have an effect on the broker fee. Faction standings contribute significantly more than corp standings. Note that the unmodified standing is used for the calculation.
edit- increasing caldari navy and also caldari faction standings will help you in both jita and sobaseki
This is no longer accurate. As of this patch, the difference between no standings and perfect standings is a meager 0.5%. It's still worth the grind for those of us who churn huge amounts on thin margins (i.e. PLEX), but much less so for the average trader.
First rule of EVE UI: right click EVERYTHING.
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