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Requis
Retired Orphans of Eve
0
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Posted - 2016.08.16 19:22:01 -
[1] - Quote
So, I've hit this awkward spot in my station trading career where I've got about 30M capital. When I was smaller, it worked really well to buy one unit of a bunch of items, and to just constantly have one unit of each floating in the market at all times. But now I have more capital, and the aforementioned method would be extremely tedious, and probably not as profitable, since im only really online an hour a day. So what would be the next step. I haven't had much success buying things in bulk because either the market will flip or the margin will be too tight, or it will just turn out to be a bad item. So what would be the next logical step?
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Alexander York
Violently Optimistic Federation
Violently Optimistic Alliance
0
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Posted - 2016.08.16 21:21:36 -
[2] - Quote
Buy in Bulk and babysit for 30 min or so and check briefly three or four times a day. I am doing well in Dodixie with that method. Set before bed in morning before work. Check at lunch and then babysit while you watch your tv. Easy money |
Requis
Retired Orphans of Eve
0
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Posted - 2016.08.16 22:39:34 -
[3] - Quote
Alexander York wrote:Buy in Bulk and babysit for 30 min or so and check briefly three or four times a day. I am doing well in Dodixie with that method. Set before bed in morning before work. Check at lunch and then babysit while you watch your tv. Easy money
I tried dodixie and felt like nothing was moving at all. Maybe I just picked bad Items. How many orders do you have open at any given time?
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Alexander York
Violently Optimistic Federation
Violently Optimistic Alliance
0
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Posted - 2016.08.17 13:41:41 -
[4] - Quote
usually 35 to 40. Its a matter of what items you buy and sell. PM me in game and Ill help you out |
Jeronica
Habitual Euthanasia
Pandemic Legion
435
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Posted - 2016.08.19 16:53:01 -
[5] - Quote
You will hit a point where your capital doesnt bring in the same returns. The key is to diversify at that point, invest in more items. Each item will feel like it sells slower, but the higher volume of all the items will make up for that. One thing you need to learn about in the market is patience.
EVE-Mogul: https://www.eve-mogul.com
CEO/Programmer
Trade Profit Tracking Service
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Roedyn
Dark-Rising
Wrecking Machine.
6
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Posted - 2016.08.26 21:58:01 -
[6] - Quote
I went through a similar experience when my capital began to grow to a point where it actually felt inefficient to be trading the same items when I didn't have as much isk to spend on trading. One way I found to overcome that is to ensure that I am using the most out of that capital at any given time. As your capital grows, your general strategy has to change as well.
I started with 2 billion isk of personal isk and I was content with buying bulk meta 4 mods and T1 destroyers and frigates. Eventually my capital grew to over 50 billion isk due to me offering to trade for other people. When that happened, I streamlined my purchases and focused primarily on items that would commit more of my money at a time. So now, I am no longer buying cheap items. Instead I am focusing on plex, injectors, higher value implants, faction items / ships, and dead space modules.
Don't be afraid to switch gears to accommodate the added resources you have at your disposal. That ability to adjust is what allows traders to transcend into more profitable or easier to manage operations. |
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