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Barton Foley
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Posted - 2008.11.06 06:27:00 -
[1]
I'm an off and on trader, but I'm finding that my income from pure trade (buy orders, sell orders, the occasional market manipulation, etc) is capping out at around a billion per month. Does anyone manage to make more than this, or have I pretty much hit the wall? I'm not asking for advice, mentoring, tips, or any of that jazz, I just want to know where I stand and if I'm apparently doing something wrong. If the solution is "spend all day camping your orders to make sure they're on top" then that's what I was afraid of.
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Cheopis
Ardishapur Ammunition and More
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Posted - 2008.11.06 06:33:00 -
[2]
I can make a couple hundred million a day if I have a hundred mill or more in seed money and I don't get bored with it and go run agent missions instead.
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MK Dom
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Posted - 2008.11.06 07:02:00 -
[3]
At the moment I am pulling in between 2.5-3.5B a week.
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Barton Foley
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Posted - 2008.11.06 07:45:00 -
[4]
Originally by: Cheopis I can make a couple hundred million a day if I have a hundred mill or more in seed money and I don't get bored with it and go run agent missions instead.
Then I am definitely doing something wrong, as I have around 4b that I'm messing around with. Hm.
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Grampsie
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Posted - 2008.11.06 07:56:00 -
[5]
Join the club Barton.Just restarted eve again and 200m a week would be nice indeed.:):)
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Cheopis
Ardishapur Ammunition and More
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Posted - 2008.11.06 08:24:00 -
[6]
I make that amount by checking pretty much every single market item, determine it's mineral value, and comparing that to the sell prices I see.
I do have a method to determine which items to check first, so I normally find good deals fairly quickly, and I won't describe that here.
I have broker 5, accounting 5, scrapmetal 5, and high standings with several different Amarr corps.
Compare : buy : collect : haul : refine : set sell orders for minerals, or alternately if my personal mineral stocks are low, I'll haul back home and refine then use the minerals to build with.
If I get any particularly large buys, I'll set contracts to have items shipped.
rinse, repeat.
It can be maddeningly boring at times, but it can be pretty fun too :) I found 1417 damage control I's for sale at less than 50% of mineral value the other day - in ONE sell order. I bought them as one lump. On the same day I bought a set of 300 large armor repper I's that had been on the market for less than 15 minutes. They were at 98% of mineral value, and I needed mega for production. I really would have liked to see the expressions on either of their faces when they saw those buys :P
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Ambo
State Protectorate
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Posted - 2008.11.06 08:34:00 -
[7]
I used to make around 1 bil per week from 4 bil capital. My time spent managing everything was pretty high though, checking buy orders 2-3 times every day, etc. I would burn out after about a month and have to leave it for a few months before doing any more. Probably around 20-30 hours per week all-in-all.
These days I make about 2 bil per week from around 30 bil capital. The difference is that I spend much less time updating things. Probably around 5-6 hours per week. I've been able to keep this going since mid july, far more RL friendly than my old approach.  --------------------------------------
Trader? Investor? Just want to track your finances? Check out EMMA |

Confuzer
Volition Cult The Volition Cult
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Posted - 2008.11.06 10:18:00 -
[8]
I trade next to pvp, so mostly afkish and I make from 180m a day on bad days, to 600m+ on good days.
If I look at the time spent/profit, it is around 500mil/hourish.
The key is scale and diversity, I use multiple accounts and have a large ISK sum so can be rather lazy ;) I don't play the boring 0.01 game for instance... ----------------- 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. |

Lord Fitz
Project Amargosa
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Posted - 2008.11.06 12:57:00 -
[9]
For a few weeks when I had the right opportunity and time I was making a couple of billion isk per week simply moving stuff from one place to another, in just a couple of hours per week.
If you're operating within the one station, you're going to eventually hit a wall, if you move stuff around as well (or even put up courier contracts as well) the wall is a lot further away ;)
Also longer term investments can pay off, though at greater risk.
Originally by: CCP t0rfifrans CCP is a greedy money chewing monster
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Kazzac Elentria
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Posted - 2008.11.06 13:13:00 -
[10]
Originally by: Ambo I used to make around 1 bil per week from 4 bil capital. My time spent managing everything was pretty high though, checking buy orders 2-3 times every day, etc. I would burn out after about a month and have to leave it for a few months before doing any more. Probably around 20-30 hours per week all-in-all.
These days I make about 2 bil per week from around 30 bil capital. The difference is that I spend much less time updating things. Probably around 5-6 hours per week. I've been able to keep this going since mid july, far more RL friendly than my old approach. 
My capital investment is slightly higher than 30b, but with that I make around the same 2b. I however only put in around an hour or two into actual pure trade activities per week.
Which is nice, since it affords me time to dabble in whatever my heart wants that month. Whether it be capital production, invention, or fitting a BS as a gank trap for some poor sap in low sec. |
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MK Dom
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Posted - 2008.11.06 17:11:00 -
[11]
Edited by: MK Dom on 06/11/2008 17:14:30 Capital Investment: 4b I update orders 1-3 times a day. Weekly profit: 3.5-4B Skills: Margin Trading V. None of the other skills are very useful to me as my orders are region wide.
I simply place buy orders for certain minerals ect. Bring them to Jita and sell. I would say I move around 200K m3 a week.
Putting in 30b to make 2b back sounds painful imo.
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Kazzac Elentria
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Posted - 2008.11.06 17:21:00 -
[12]
Originally by: MK Dom
Putting in 30b to make 2b back sounds painful imo.
I log in on Friday after DT update orders, and create courier contracts. Whole process takes an hour.
I'd say an hours work for 2b is pretty damn good. |

endaler
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Posted - 2008.11.07 11:51:00 -
[13]
Originally by: MK Dom Edited by: MK Dom on 06/11/2008 17:14:30 Capital Investment: 4b Weekly profit: 3.5-4B
Wut?
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Confuzer
Volition Cult The Volition Cult
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Posted - 2008.11.07 11:59:00 -
[14]
Edited by: Confuzer on 07/11/2008 11:59:40 Edited by: Confuzer on 07/11/2008 11:59:20
Quote: I log in on Friday after DT update orders, and create courier contracts. Whole process takes an hour.
I'd say an hours work for 2b is pretty damn good.
Aah, and when shipments arive, you don't spent time putting it on market?
@MK Dom 4 bil profit on 4 bil capital is too impressive, don't believe a word of it if you only update thrice a day. Also, why invest with only 4 bil if you make 4 bil each week? Wouldn't that be 100 bil allready? ----------------- 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. |

Cheopis
Ardishapur Ammunition and More
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Posted - 2008.11.07 12:13:00 -
[15]
Edited by: Cheopis on 07/11/2008 12:14:12
Originally by: Confuzer Edited by: Confuzer on 07/11/2008 11:59:40 Edited by: Confuzer on 07/11/2008 11:59:20
Quote: I log in on Friday after DT update orders, and create courier contracts. Whole process takes an hour.
I'd say an hours work for 2b is pretty damn good.
Aah, and when shipments arive, you don't spent time putting it on market?
@MK Dom 4 bil profit on 4 bil capital is too impressive, don't believe a word of it if you only update thrice a day. Also, why invest with only 4 bil if you make 4 bil each week? Wouldn't that be 100 bil allready?
Hrm, you think that 4 bill profit on 4 bill in a week is difficult to believe? That's only doubling *edit* [her] isk. Sure it's a lot of isk to double, but that performance is not anything terribly exciting for a eve market trader that knows what they are doing. Good Solid marketwork to be sure, and on a nice scale, but not anything unbelievable.
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Cergorach
Amarr The Helix Foundation
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Posted - 2008.11.07 12:17:00 -
[16]
My capital is around 1B-2B isk, I make a profit of around 1B-2B isk a month.
My profits tend to go into buying GTCs (activating more characters), buying new skills, ships, equipment, and occasionally replace a loss.
I don't spend huge amounts of time managing my orders. I do have a computer on for 16 hours a day, so that usually means that there is at least one client open at all times.
The stuff I trade in doesn't scale all that well, so any more money that goes into it isn't making me more money. Trading in more items might increase profits (with the required extra capital), but the amount of time spent also increases. I'm sure that if you spent enough time, with enough money, you could make a Billion isk a day, but that is like a full time job (sorry but not interested).
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Kazzac Elentria
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Posted - 2008.11.07 13:07:00 -
[17]
Originally by: Confuzer
Aah, and when shipments arive, you don't spent time putting it on market?
Yep.. I do everything in that hour after DT on friday. 
Not that long ago I realized that my time is much more important than stacking another ten bazillion isk into a triple figure wallet. |

Delphen Gruss
Gallente Brethren Empire Hitchhiker's Alliance
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Posted - 2008.11.07 17:58:00 -
[18]
i wish I knew how to do all of this, I'd really like to be able to make this kind of is (or any for example) compared to what I currently make just running missions.
If any of you want to help me out just eve-mail me in game :D I'm only looking for advice
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Polly Prissypantz
Dingleberry Appreciation Society
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Posted - 2008.11.07 21:03:00 -
[19]
I make about 500,000.00 ISK a month of 6 bajillion invested. It's awesome.
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Confuzer
Volition Cult The Volition Cult
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Posted - 2008.11.07 23:45:00 -
[20]
Originally by: Cheopis Edited by: Cheopis on 07/11/2008 12:14:12
Originally by: Confuzer Edited by: Confuzer on 07/11/2008 11:59:40 Edited by: Confuzer on 07/11/2008 11:59:20
Quote: I log in on Friday after DT update orders, and create courier contracts. Whole process takes an hour.
I'd say an hours work for 2b is pretty damn good.
Aah, and when shipments arive, you don't spent time putting it on market?
@MK Dom 4 bil profit on 4 bil capital is too impressive, don't believe a word of it if you only update thrice a day. Also, why invest with only 4 bil if you make 4 bil each week? Wouldn't that be 100 bil allready?
Hrm, you think that 4 bill profit on 4 bill in a week is difficult to believe? That's only doubling *edit* [her] isk. Sure it's a lot of isk to double, but that performance is not anything terribly exciting for a eve market trader that knows what they are doing. Good Solid marketwork to be sure, and on a nice scale, but not anything unbelievable.
I don't believe that, because he said he updateshis orders 1-3 times a day. If that would be the case, he has a niche nobody else heared off, and I want him to give me clues.
So still: don't believe a woooooord! ;) ----------------- 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. |
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Cheopis
Ardishapur Ammunition and More
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Posted - 2008.11.08 05:35:00 -
[21]
Originally by: Confuzer
Originally by: Cheopis Edited by: Cheopis on 07/11/2008 12:14:12
Originally by: Confuzer Edited by: Confuzer on 07/11/2008 11:59:40 Edited by: Confuzer on 07/11/2008 11:59:20
Quote: I log in on Friday after DT update orders, and create courier contracts. Whole process takes an hour.
I'd say an hours work for 2b is pretty damn good.
Aah, and when shipments arive, you don't spent time putting it on market?
@MK Dom 4 bil profit on 4 bil capital is too impressive, don't believe a word of it if you only update thrice a day. Also, why invest with only 4 bil if you make 4 bil each week? Wouldn't that be 100 bil allready?
Hrm, you think that 4 bill profit on 4 bill in a week is difficult to believe? That's only doubling *edit* [her] isk. Sure it's a lot of isk to double, but that performance is not anything terribly exciting for a eve market trader that knows what they are doing. Good Solid marketwork to be sure, and on a nice scale, but not anything unbelievable.
I don't believe that, because he said he updateshis orders 1-3 times a day. If that would be the case, he has a niche nobody else heared off, and I want him to give me clues.
So still: don't believe a woooooord! ;)
I don't know what he's buying and selling, but I'll throw out some possibles
Lowsec Zydrine Lowsec Megacyte Lowsec Morphite Rat tags Faction tags T1 Salvage T2 Salvage
There are other possibilities as well. If you include a little bit of manufacturing or an invention job or three on the side working side by side with lowsec materials acquisition, the list of possibles increases by leaps and bounds.
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Confuzer
Volition Cult The Volition Cult
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Posted - 2008.11.08 14:41:00 -
[22]
Aah, not an area where I diversified in yet. Will look into it.
But does it require hauling in low sec? ----------------- 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. |

Cheopis
Ardishapur Ammunition and More
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Posted - 2008.11.08 16:07:00 -
[23]
Originally by: Confuzer Aah, not an area where I diversified in yet. Will look into it.
But does it require hauling in low sec?
No, it requires setting contracts to bring stuff from lowsec to highsec 
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MK Dom
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Posted - 2008.11.12 16:59:00 -
[24]
I run the mineral markets of 2 large null second alliances. Zyd and mega are on the down however most of my profits arnt from them either.
I will say you can't buy minerals this cheap, even in other null second regions. Hopefully that gets you in the right direction.
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Ren Tales
Armored Phalanx Worlds Merchant Directorates
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Posted - 2008.11.12 17:12:00 -
[25]
I have found trading opportunities with 1 to 2 bill profits per month, where I would be investing around 500mill.
Per Week around 250mill, but seeing as it requires transportation of goods, I would only do it once per month
Needless to say I PVP too much to gain a healthy base of isk, however I am trying to raise a small amount from private friends to follow this trading opportunity.
Enjoy! Ren Tales
---- New Player Piracy guide by Ren Tales http://oldforums.eveonline.com/?a=topic&threadID=501785
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