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James Zealot
ALEHEADS Apocalypse Now.
32
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Posted - 2017.01.09 20:19:35 -
[1] - Quote
Rykker Bow wrote:Station trading is my bread and butter for making isk and has been for the last 8 years or so. The majority of the first few years of gameplay was in the markets and during the last few years whenever I needed isk I did a few weeks of trading to replenish the wallet. When I'm in it full time trading, about 2-4 hours a day spread out over the entire day, my station trading income was 60-90 billion a month. If I'm sharing game time while pvp'ing I bring in about 30 billion a month. Amount of capital needed is about 30-40 billion for my trading plan and most times profits can easily be reinserted into more trading. The plan is pretty solid with a select few individuals in on it who've tested and still use it to this day.
Speculation is a good, very passive source of income. On game expansions 50-100 billion is what I go for. It does take a large amount of capital and you could need as much as 2 to 3 times your projected profit to earn that. Last expansion I used ~80b to make ~80b profits iirc.
Manufacturing. I've done it before on a large scale in conjunction with RAW23 and Varo Jan. With a three man team and 100 billion in infrastructure we reached over 100 billion a month in profits. It's hard to go into any kind of detail and not reveal sources and methods.
All the mmo's I've played I've been drawn to the money making side. Looking for the most effective methods of making is and then plain exploiting those methods to their fullest. Eve is the best game in that regard in both the dynamic of the player driven markets and the ability to spend those profits in character and item purchases.
I feel like in Jita, you have to be on that **** like white on rice man. Anyone can honestly sit there and do it, but it takes a special kind of person to sit and update orders like that. I tried it, but **** man lol. Jita is a damn beast!
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James Zealot
ALEHEADS Apocalypse Now.
32
|
Posted - 2017.01.09 22:07:17 -
[2] - Quote
Rykker Bow wrote:Lol, that's true. It can drive you insane if you let it. A few tricks I've figured out along the way is knowing which times you can leave orders alone even if they're not on top, knowing who else is trading my items - having them on a watch list and knowing the best times of the day to babysit the orders all to maximize profits really makes it easier. That and I probably have a few screws loose as well
Don't get me wrong, it was NOT a knock at you :P I'm just saying man, CRAZY! |
James Zealot
ALEHEADS Apocalypse Now.
33
|
Posted - 2017.01.09 22:49:24 -
[3] - Quote
Almiel wrote:Strrog wrote:Rykker Bow wrote:Lol, that's true. It can drive you insane if you let it. A few tricks I've figured out along the way is knowing which times you can leave orders alone even if they're not on top, knowing who else is trading my items - having them on a watch list and knowing the best times of the day to babysit the orders all to maximize profits really makes it easier. That and I probably have a few screws loose as well OK tried some number crunching cant really pin point the turnover, as example 10 bill trading with 5% rotation of orders daily, is about 500 mill, but that means half of them are buy orders, so only like 250 m of actual sell orders and with margin of about 7-10% after fees , seem like about 10-20mill per hour. The funny part is how many hours of order camping will be needed to get that number though its kinda low, and how many hours will be needed to achieve higher turnover. Cuase if we look at some bit ticket items like plex or BS ships that will probably be camped to death, but if you have to stick now to module market where i am at 10 bill will cover the trading and after that you wont be able to actually turn bigger volume due to limited consumption. cause even super duper good mods only consumed few hundred a day only. but maybe i am calculating it wrong :P plex was always my number one item. Whenever I was going to be at the keyboard for any amount of time, I started and ended with plex. The trick is to make damn sure you don't have any left over at the end because you can get burned bad if you don't dump them fast.
Were you making enough though? Most of the time returns are garbage after taxes are taken out. I'd imagine you probably have awesome standings though?
Okay, so you were obviously making enough if you kept doing it, but the return per PLEX has got to be pretty small right? So volume is key with it? |
James Zealot
ALEHEADS Apocalypse Now.
33
|
Posted - 2017.01.10 11:18:24 -
[4] - Quote
Almiel wrote: yeah, volume and extremely fast turnover was key. Sometimes I'd be making under half percent profit, but half percent on 900m is 4.5m each which isn't too shabby...lol. The fast turnover was key also. Orders could literally be filled within seconds...and sold seconds later. It's not unheard of to buy and sell 20-30 plex in 15 minutes. That's 90-135m profit right there on just one item. There'd be a lot of anxiety at the end of the night sometimes when i still had a dozen plex still unsold. Sometimes I'd log on the next day and see plex dropped anywhere from 10-50m. It can be brutal. Once you buy them I did everything I could to offload them.
Let's see if that quotes correctly, but I figured it would be very high turnover. That would be the key indeed. Do you happen to have standings as well? |
James Zealot
ALEHEADS Apocalypse Now.
33
|
Posted - 2017.01.10 11:21:41 -
[5] - Quote
Seer Profitus wrote:I'm currently doing manufacturing making ~20M+ per manufacturing slot-day. I've been making over 1 billion per day in profit using Jita as my trade hub. I put about 3 billion capital into it every day. I created a spreadsheet that spits out a list of what to manufacture each day along with a bill of materials. My spreadsheet is far from finished. I have big plans for it.
How did you determine what items to make? Besides looking at all of them to see what was profitable, did you use the game charts to narrow in on key items and go from there? My problem is always nailing down a key strategy to find items in the first place.
It sounds like you hop on, do a market scan probably via the quick bar I think it's called that has your items in it, see if prices have increased or not, and because you possibly already have materials on hand at a better price from previous days, you're able to spit those better priced end products out faster? I'm going to say you might even have buy orders in for most of your materials that you can update when you need more building mats? Just spit balling here lol |
James Zealot
ALEHEADS Apocalypse Now.
33
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Posted - 2017.01.11 12:29:19 -
[6] - Quote
Toobo wrote:
(Hi James XD)
Hey Toobo lol |
James Zealot
ALEHEADS Apocalypse Now.
33
|
Posted - 2017.01.11 13:39:59 -
[7] - Quote
Makes perfect sense. I'll stay away from PLEX for a bit anyways, but always good info you guys throw out there. |
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