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Thread Statistics | Show CCP posts - 1 post(s) |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.05 17:06:00 -
[1]
Thanks for opening up an avenue for questions from us noobs! There is so much information posted in just this section it is a bit overwhelming at times. There are so many methods to work the market to make money, I'm sure I've only scratched the surface.
My question is: To go along with the above discussions on the market information data, how do you see "volume" of sales? I have figured out the price history info, but I have not found anything about volume.
Also, when looking at the market info, what time frame do you usually use? Week, monthly, etc?
I have also started trading and working buy orders recently. So far I have been able to more then triple my first investment amount. When trying to price your product competitively, how many jumps out do you try and match or beat their prices? I understand the .01 isk business (to make sure you are the lowest price) to win the sale, does this only apply to competing sales in your own station or does it apply further out such as within your system or further?
And last question (I promise), is there a list or website for wholesale vendors willing to sell directly to traders? Being a business owner in real life, buying wholesale is the only real way to make money and grow your business, and I have seen a few discussion about such ventures in this section. But not a "list" of such people.
Thanks to all those who have shared experiences, I have learned a lot as of late! And still more to learn!
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.05 18:56:00 -
[2]
Thanks guys! That confirms what I've been experiencing lately. I mostly trade T-2 modules because of the pontential profit margins. So far it's working well.
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.06 18:26:00 -
[3]
Quick question this time (I hope).
When placing a market Buy order for a module (for reprocessing purposes) for say a 3 jump area and someone comes in that is outside this area but places a region wide buy order, and are offering a higher purchase price, their order will override mine everytime, right?
Likewise, if someone has a region wide order and I offer a higher purchase price but for a 3-jump area, I would win those orders within my 3-jump area?
Just trying to confirm the machanics of the market. I'm I looking at this correctly?
Thanks!
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.06 18:43:00 -
[4]
Originally by: Amarr Citizen 155
Originally by: Lord Zarcam Quick question this time (I hope).
When placing a market Buy order for a module (for reprocessing purposes) for say a 3 jump area and someone comes in that is outside this area but places a region wide buy order, and are offering a higher purchase price, their order will override mine everytime, right?
Likewise, if someone has a region wide order and I offer a higher purchase price but for a 3-jump area, I would win those orders within my 3-jump area?
Just trying to confirm the machanics of the market. I'm I looking at this correctly?
Thanks!
I believe that is correct in both situations. The highest priced buy order will override all other buy orders within the area that the highest priced buy order is placed. A couple of examples:
Buy order A is placed for the entire region @ 100 p/u (per unit). Buy order B is placed for a 3 jump radius @ 101 p/u. Anyone who sells that mod within that 3 jump radius will fill the buy order B so long as they meet the quantity requirements of the order. Anyone who sells outside of that 3 jump radius but still within that region will fill buy order A so long as they meet the order's quantity requirements. Hope that helps.
Yes. That's what I was thinking. Thank You!
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.31 01:19:00 -
[5]
Free bump with a quick question.
Looking for some feedback on using my unused alt's to collect market info in Jita or elsewhere. I was considering using one and basing them in Jita that I could log into when I need market info instead of traveling there. But Jita is only 10 jumps away from my base system and takes 15 to 20 minutes to travel one way. I'm curious if anyone else has attempted this and what were the results? Or is this a silly waste of an alt?
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2008.12.31 22:58:00 -
[6]
Originally by: Kazzac Elentria What Von said, eventually you might just get to a point where profits can justify spending the isk on GTC for throw away market slaves.
OH? Something I haven't thought of yet. Nice idea. Thanks Von and Kazzac!
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.01.03 19:31:00 -
[7]
I want to say a special Thanks to all those who have answered my questions and have helped others. This morning I open EVEMon to see about to break 1 BILLION isk's in my wallet for the very first time! (I've had a good week station trading) All because of good tips I have read in here and then put to use. 30 days ago I broke 500 Million and thought what a milestone, but I re-invested it (as I will with this I have currently) to put it back to work. Now I'm about to break that next milestone!
Thank You! Thank You! Thank You!
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.01.17 23:34:00 -
[8]
Another quickie question, at what point does negative faction standings interfere with travel for trading?
Today while running a few missions I noticed I was at a -2.3 or -2.5 with Minitar Faction. I remember reading a few weeks ago that as a trader I need avoid any negative faction standings if possible. Is it time I start running some Mini's missions? |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.01.24 19:25:00 -
[9]
Originally by: Mr Horizontal
Originally by: Lord Zarcam Another quickie question, at what point does negative faction standings interfere with travel for trading?
Today while running a few missions I noticed I was at a -2.3 or -2.5 with Minitar Faction. I remember reading a few weeks ago that as a trader I need avoid any negative faction standings if possible. Is it time I start running some Mini's missions?
Thank you for answering my question. I had almost forgot I had asked this here. I did some research the next day about this and actually found some good info in the new EVE wiki, but it took some digging to find it.
For those who run into this, here's what I found out. If your faction standings (mostly due to running missions) drop to -5 you will be attacked on-site by the faction navies. (This is what I was afraid of) By training Diplomacy you can can raise the standings of "hostile" agents. By training diplomancy to 3 I was able to bring my -2.3 standing to .01. On the other side of this, it lowered my main faction standings a bit.
I have now switch agents I run missions for so I can hopefully avoid the kill missions (and I really liked doing them too!).
Notice this went unanswered.
Standing matters with the Broker Relations skill, which is dependent on both corp and personal standings with the station you're dealing with. Also if you doing trade routes, you kinda need to move around in Empire, so you must ofc be on the right side of concord and factions.
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.01.25 17:14:00 -
[10]
Thanks guys, some things I haven't thought about yet. Right now I'm just using one alt for everything. Been thinking of creating a second alt for trading, but I alreay have the skills on this player. I'm hoping that soon I can buy GTC's to support a second account with isk's I'm making, but right now re-investing back to more materials to trade is more improtant. |
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Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.03.08 17:59:00 -
[11]
One of the threads below got me to thinking (yes, I know it's dangerous) of a recent situation. Do any of the EVE accounting tools read into contracts? Where you purchase a supply of items (multiple items) on a contract.
The journal, from what I can see, only show the total purchase amount of the contract and not a list of items that were in the contract. It's making it very difficult to track actual profits and margins for each item.
I've been using EVE-Commander for about 5-6 months now, so I know it doesn't. Does anyone know if one of the other programs do?
In Space, No One Can Hear You Scream! |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.04.24 01:05:00 -
[12]
Anywhere there are mission runners or PVP'rs! Any system can be very productive if you sell the right products.
In Space, No One Can Hear You Scream! |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.05.01 00:04:00 -
[13]
I have an easy question this time, any real advantage training Accounting 5 from 4? At 14 days, I can work on a lot of other stuff. But with a current market balance of almost 7B worth of stuff and turning over about 2 to 3b a month in sales.
In Space, No One Can Hear You Scream! |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.05.05 01:24:00 -
[14]
Originally by: Amarr Citizen 155
Originally by: Lord Zarcam I have an easy question this time, any real advantage training Accounting 5 from 4? At 14 days, I can work on a lot of other stuff. But with a current market balance of almost 7B worth of stuff and turning over about 2 to 3b a month in sales.
Let me answer your question with a question, what is the advantage of training Accounting from 0 to 4?
Well, I see. Never thought of it that way. I said it was an easy question!
In Space, No One Can Hear You Scream! |
Lord Zarcam
Amarr Royal Amarr Institute
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Posted - 2009.05.26 02:09:00 -
[15]
Always set your buy orders for 90 days. And I don't know if it's new or not, but if you adjust the price by any amount it resets the time back to 90 days.
In a few months you will use 150m to light your cigars with! ;-)
In Space, No One Can Hear You Scream! |
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