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Dennmoth Ferdier
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Posted - 2008.08.18 16:51:00 -
[31]
I have been Rick Rolled. Curses.
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Heart for isk, Balls for risk. |
suicide2121
Freelancing Corp
Confederation of Independent Corporations
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Posted - 2008.08.27 03:21:00 -
[32]
In a game like Eve, there is nothing to base success on except for your personal/corp goals.
If someone is flying a badgerII, has the goal of flying a freighter and meets that goal they are a success. Flying a caracal and want a cerberus, you are success when you meet that goal. You have 50mill and want to make another 100mill, you are a success when you meet that goal. The list can go on forever.
Make a goal, work hard, have fun and anyone can be a success.
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Saint Lazarus
Spiorad ag fanaiocht
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Posted - 2008.08.27 04:06:00 -
[33]
If you can afford to do what you wanna do you're a success 
If you arent then work towards what you wanna do (fly cruisers, fly Cap ships, dominate a market, fly a Titan, fly faction fit BS's fitted with solid gold officer mods, build your own market hub) when you are you have succeeded. Repeat as nessecary to keep your interest
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Confuzer
Polaris Project
Curatores Veritatis Alliance
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Posted - 2008.08.27 08:51:00 -
[34]
Succes means the profit you make in a delta time compared to your total worth (assets/wallet).
If this is a high number, you are epic.
Me, I am a fail, because I make a really low margin each day compared to my NAV.
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Destiny is not a matter of chance. It is a matter of choice. It's not a thing to be waited for - it is a thing to be achieved. |
Chomin H'ak
The Trivenerate
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Posted - 2008.08.27 23:41:00 -
[35]
To determine your measurement of success, use the following formula:
Multiply the number of orders you have by 17,
Divide that number by the number of people in local,
Subtract the amount of isk you used to purchase everything,
Now add the product of Tim Burton's nightmares and the diameter of a chicken to your total.
If the number is higher than 3,429.42, then you are a success! Congratulations!
If not, simply contract your stuff to me and I'll be successful for you. It's ALL about helping your neighbor!
Seriously, success is dependent on your perception of what is successful. Have you achieved your goals? (you built something you wanted to build - check) How many things have you completed? Has it been rewarding for you? My measurement of success is in direct correlation to how quickly my money grows; if it's stagnant, then I'm not being as successful as I would like to be. Consequently, I work harder (or smarter, as is needed). It's entirely subjective.
 Originally by: Frenden Dax
My heart hopes that people aren't that stupid, but my experiences thus far suggest otherwise.
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mynnna
Caldari
GoonFleet
GoonSwarm
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Posted - 2008.08.28 03:42:00 -
[36]
Success means I can do what I love (solo/small group pvp) and not have to go rat to replace my HAC when I lose it.
Therefore, my market alt that is checked three times a day and makes me 4-5b/mo is a huge success. Small fry by the standards of many posters here, I'm sure, but I don't play the game to run a massive industrial empire, either... ;)
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Shar Tegral
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Posted - 2008.08.28 03:46:00 -
[37]
Originally by: mynnna
Success means I can do what I love (solo/small group pvp) and not have to go rat to replace my HAC when I lose it.
Yes! Originally by: mynnna
Therefore, my market alt that is checked three times a day and makes me 4-5b/mo is a huge success. Small fry by the standards of many posters here, I'm sure, but I don't play the game to run a massive industrial empire, either... ;)
Yeah right. 
To Shar -verb:
1 - To say what you mean.
2 - To say what it means.
3 - To say something mean. |
mynnna
Caldari
GoonFleet
GoonSwarm
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Posted - 2008.08.28 05:44:00 -
[38]
Edited by: mynnna on 28/08/2008 05:49:55
Originally by: Shar Tegral
Originally by: mynnna
Success means I can do what I love (solo/small group pvp) and not have to go rat to replace my HAC when I lose it.
Yes! Originally by: mynnna
Therefore, my market alt that is checked three times a day and makes me 4-5b/mo is a huge success. Small fry by the standards of many posters here, I'm sure, but I don't play the game to run a massive industrial empire, either... ;)
Yeah right.
Yeah right to which part?  I track my NAV via a spreadsheet I wrote to interpret wallet data dumps, providing a complete picture (including value in hanger from partially filled orders). It's one character and I spend an hour or so a day, which is hardly "massive", and while only checking 3-4 times a day means I tend to get rapidly overcut/undercut, I still make money.
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Confuzer
Polaris Project
Curatores Veritatis Alliance
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Posted - 2008.08.28 09:12:00 -
[39]
I don't believe it either. One char, 4 bil a month.
So has he tycoon V or so? Or is he in a very strategic system? Because if you would be in Jita, your orders would go idle within 5 minutes...
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Destiny is not a matter of chance. It is a matter of choice. It's not a thing to be waited for - it is a thing to be achieved. |
Jaden Killemall
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Posted - 2008.08.28 12:28:00 -
[40]
Originally by: Confuzer
I don't believe it either. One char, 4 bil a month.
So has he tycoon V or so? Or is he in a very strategic system? Because if you would be in Jita, your orders would go idle within 5 minutes...
most likely he is exaggerating how little time he spends at it ... checking a few hundred orders 3-4 times each day does not take "an one hour or so" and if you run less orders you cannot make 4-5 bil monthly
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Midas Man
Caldari
Dzark Asylum
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Posted - 2008.08.28 12:59:00 -
[41]
Originally by: Jaden Killemall
Originally by: Confuzer
I don't believe it either. One char, 4 bil a month.
So has he tycoon V or so? Or is he in a very strategic system? Because if you would be in Jita, your orders would go idle within 5 minutes...
most likely he is exaggerating how little time he spends at it ... checking a few hundred orders 3-4 times each day does not take "an one hour or so" and if you run less orders you cannot make 4-5 bil monthly
Really lol,
I have 300+ order slots and currently only utilise 150 or so. I check all my orders 2 times a day and this takes about 30 mins each time. I will occasional monitor a few prices if i have competition but i prefer to spend my time on other things.
My average daily income since I started trading last December is 200mil (30 Day Average is ~500mil).
Its all about maximising profit over time,
For Eg If you know you can only check you orders for a maximum of 1 hour per day you do not trade in minerals.
You can make money playing 0.01 but you can make much much much more money using your head.
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mynnna
Caldari
GoonFleet
GoonSwarm
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Posted - 2008.08.28 15:26:00 -
[42]
Edited by: mynnna on 28/08/2008 15:28:33
Originally by: Confuzer
I don't believe it either. One char, 4 bil a month.
So has he tycoon V or so? Or is he in a very strategic system? Because if you would be in Jita, your orders would go idle within 5 minutes...
One character, 4-5b a month (provided my trend over the past month holds, see below).
Don't have tycoon V or anything. I've maxed accounting and broker's relations, ground up standings to a reasonable point via cosmos and data centers, the gains of trying to grind L4s to get it higher are too low to be worth it.
In terms of number of orders, I've got Wholesale 1. Gives me 77 orders, which I have not yet entirely filled...at most, I've had 70 orders up at a given time. I've also got Margin Trading trained up to II and I make full use of it to turn money over as fast as possible. Amazingly I've never had orders bounce...
Originally by: Jaden Killemall
Originally by: Confuzer
I don't believe it either. One char, 4 bil a month.
So has he tycoon V or so? Or is he in a very strategic system? Because if you would be in Jita, your orders would go idle within 5 minutes...
most likely he is exaggerating how little time he spends at it ... checking a few hundred orders 3-4 times each day does not take "an one hour or so" and if you run less orders you cannot make 4-5 bil monthly
As I said, 77 orders max. It actually can take quite awhile if I let myself get distracted, but if I sit down and plow through them it's 15-20 minutes per session.
Originally by: Midas Man
Its all about maximising profit over time,
For Eg If you know you can only check you orders for a maximum of 1 hour per day you do not trade in minerals.
Pretty much this, although I do trade in certain bulk materials, even minerals occasionally, and have done so successfully.
Anyway, I'll stop talking and offer up the proof. If you think I faked up a spreadsheet just to illustrate my point, then I dunno what to do beyond that.
http://img166.imageshack.us/my.php?image=monthvaluegg3.jpg
The yellow lines indicate significant purchases; withdrawl to play some poker, replaced a ship, whatever. The figure given represents a good estimate; it's the value of my cash on hand, plus cash in buy orders, plus assets listed on the market, plus assets from half completed orders in my hanger, and is supposed to indicate what the overall cash value in my wallet would be if I took down all orders and sold everything back to sell orders. Figure there's a 5-8% deviation as a result of that.
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oogs
Gallente
Ex Coelis
The Bantam Menace
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Posted - 2008.08.28 15:39:00 -
[43]
I don't suppose you'd be willing to make that spreadsheet (a blank version with all the formulas, etc) available, would you? I've tried a few of the tools available here and I have yet to find something that'll give me an over net worth.
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Midas Man
Caldari
Dzark Asylum
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Posted - 2008.08.28 15:50:00 -
[44]
Originally by: mynnna
Originally by: Midas Man
Its all about maximising profit over time,
For Eg If you know you can only check you orders for a maximum of 1 hour per day you do not trade in minerals.
Pretty much this, although I do trade in certain bulk materials, even minerals occasionally, and have done so successfully.
Aye very true, didn't mean it to sound impossible, there are ways of making money on very heavily traded items even if you cannot 0.01 allday, just takes a bit more research and knowledge of trends, didn't want to give out the advance details on an interweb forum though hehe
To all who beleive a around 5 bil a month on 1 character is impossible you will eventually find out that 5 bil per month isn't a great deal. I am around this range myself possibly 10-15bil a month on around 150 order and my daily income is still rising fast and there is still bigger better opertunities out there i haven't touched on. I still also think I'm a pretty small market player.
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mynnna
Caldari
GoonFleet
GoonSwarm
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Posted - 2008.08.28 15:54:00 -
[45]
Originally by: oogs
I don't suppose you'd be willing to make that spreadsheet (a blank version with all the formulas, etc) available, would you? I've tried a few of the tools available here and I have yet to find something that'll give me an over net worth.
I'll have to clean it out, because there's some portions that are both ridiculously ungainly and unused, but also add a huge amount to the file's size (filesize is 21,120KB with it, ~1700KB without!  ). Gimme some time to do that, then sure.
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oogs
Gallente
Ex Coelis
The Bantam Menace
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Posted - 2008.08.28 18:30:00 -
[46]
awesome, thanks! I'll take a look at it when i get home.
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