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flakeys
Tier 3 Technologies Inc
Lazy is our middle name
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Posted - 2009.02.03 22:06:00 -
[31]
 Originally by: Rekatan
I can't stress enough how important it is to get out of jita... It's great for someone casually using up their orders for a little extra income, but anyone making any serious attempt at trading should avoid jita unless they have a very specific plan in mind.
Not entirely true.
I do regional orders too , but unlike you i like the 0.01 game more then the volumegame.
I made 1.5 bille last week from only 300 mille in jita with just 15 buy orders for regular loot-items for reprocessing.And i am talking here about jita solar system orders , this is separate from my regional orders.Only downside is you'll have to put some effort into it every week to find these types of items but they are there for sure.My luck is my regional orders will hint me when i can get high volumes for big profits in jita , yours will not.
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Rekatan
Caldari
Radioactive Battle Bunnies
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Posted - 2009.02.03 22:28:00 -
[32]
The Forge as a whole is normalized because of jita. There is a lot less margin to be had overall because just a few jumps away people can participate in jita's market which has next to no margin for most items. I do hear what you're saying though, and clearly it works for you, so perhaps you're one of the few who are really making the most out of jita and the forge instead of just using it as a crutch.
I may eventually still work jita into my trading again for the same reasons as you mentioned, but for now I'm too busy soaking up the huge potential margin of other regions. I honestly know I couldn't get away with the self-destructive method of overbidding I have if the margin weren't so huge to begin with. |
Orbit Uranus
Minmatar
The Diamond Age
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Posted - 2009.02.03 23:47:00 -
[33]
Everything you know is wrong. |
Gimme Mypills
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Posted - 2009.02.04 01:47:00 -
[34]
Edited by: Gimme Mypills on 04/02/2009 01:48:12
I am still curious to know what kind of item allows for "astronomical" volumes with 60% or more profit mergin...
- Meta 4 and 5:
Seriously, 60% amplitude between highest buyer and lowest seller ?? And no one follows you ?!? Even the regional hub(s) station orders ?
- Meta 1,2 and 3:
You are able to shift "astronomical" amounts of these in less than 3.5 days ?? Without ever selling bellow reprocessed minerals worth ?!
Just to make things clearer, at some point I averaged 3000 units of Ship Equipement a day in Jita... how many are we talking about in your own case ?
Somehow something does not compute 
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Rekatan
Caldari
Radioactive Battle Bunnies
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Posted - 2009.02.04 07:46:00 -
[35]
heh ya astronomical wasn't quite the right word, I was tired so sue me ;)
Currently I'm averaging just under 1500 units a day, so no, certainly not "astronomical" but definitely high volume for non-jita trade. |
gammatude
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Posted - 2009.02.04 08:43:00 -
[36]
So nobody will .01 trade PVP you but that doesn't mean your plan can't be spoiled as a savvy trader with low sec access can throw a wrench in your works.
Say you put in a region wide orders at aggressive buy points. Nothing will stop a player from purchasing said items at a lower cost in an adjacent region and then selling to your buy order at some remote low traffic low sec system. In doing so said trader probably just made more profit selling to you than you will when you sell/reprocess the goods.
And since the goods you bought are in a remote low sec system, you'll have to go get them and risk being ganked in the process. You can't make any mony by leaving them there and repricing since you'd have to discount heavily to motivate pilots to travel to them. The contract system would offer you little help as you would have to pay a hefty premium to get a hauler out to low sec. So if you make the trip yourself you risk a lot since your already low profit margins means that you will have a reduced ability to replace losses if you are ganked. Meanwhile the trader who sold you the goods is now in his PVP ship just waiting for you to appear.
Have fun :-)
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Rekatan
Caldari
Radioactive Battle Bunnies
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Posted - 2009.02.04 09:42:00 -
[37]
lol, congrats to whoever makes that happen. That's smart trading on their part and I see nothing wrong with them playing off my trade style. In fact it's a win/win as they get profit and I get my orders filled. Even if what you're saying were to happen, and it hasn't and won't. It's easy to get through low sec. I love all the non combat traders who think low sec is this big scary place that instapops you if you look at it funny.
Truth be told most low sec systems are even less eventful than empire, and those that don't fall into that category are still plenty easy enough to travel with a little scouting and planning. Even the most dedicated pirate corps have a downtime. Have you been in low sec after server reset?? For that matter, have you been in low sec??
I mean really.. Have you even PVP'd???
If you were able to answer yes to any of these questions, you wouldn't have even brought up this ridiculous scenario.
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SencneS
Amarr
Rebellion Against big Irreversible Dinks
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Posted - 2009.02.04 13:59:00 -
[38]
Originally by: Rekatan
heh ya astronomical wasn't quite the right word, I was tired so sue me ;)
Currently I'm averaging just under 1500 units a day, so no, certainly not "astronomical" but definitely high volume for non-jita trade.
1500 units is not high volume either. If you can fit the orders in a T1 Hauler, it's not high volume. Doesn't matter that it cost 10b either, Volume is purely about the amount of units or the size it is. At 1500 units at even 25m3 stuff you're looking at about 37,000m3.
In my one ass end of space high-sec region I did a quick check and saw at least 700 units of stuff I could buy and reprocess for a profit.
Amarr for Life |
nether void
Caldari
Shrapnel Industries
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Posted - 2009.02.04 15:40:00 -
[39]
Originally by: gammatude
So nobody will .01 trade PVP you but that doesn't mean your plan can't be spoiled as a savvy trader with low sec access can throw a wrench in your works.
Say you put in a region wide orders at aggressive buy points. Nothing will stop a player from purchasing said items at a lower cost in an adjacent region and then selling to your buy order at some remote low traffic low sec system. In doing so said trader probably just made more profit selling to you than you will when you sell/reprocess the goods.
And since the goods you bought are in a remote low sec system, you'll have to go get them and risk being ganked in the process. You can't make any mony by leaving them there and repricing since you'd have to discount heavily to motivate pilots to travel to them. The contract system would offer you little help as you would have to pay a hefty premium to get a hauler out to low sec. So if you make the trip yourself you risk a lot since your already low profit margins means that you will have a reduced ability to replace losses if you are ganked. Meanwhile the trader who sold you the goods is now in his PVP ship just waiting for you to appear.
Have fun :-)
You're thinking too hard. Just 0.01 ISK his orders. |
Dani SP
Rupture Farms Mining
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Posted - 2009.02.05 01:26:00 -
[40]
So in the end we all LOL... and to LOL is healthy! So God bless the Eve Online Markets!
I will never, ever, play the 0.01 game. I find it pretty stupid. Even about time=money questions... instead of wondering all those weird exact numbers and setting the same exact one + 0.01, I increase by 1000 and that's faster 
so I save time and I earn more money LULZ |
ResearchBunny Beatrix
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Posted - 2009.02.05 03:50:00 -
[41]
Edited by: ResearchBunny Beatrix on 05/02/2009 03:51:07
I hate to break it to you, but with the amount of time spent to setup the orders, fly around and collect the gear, and then sell the gear you're better off going to work. Spend the time to earn real $$, then spend it on GTCs. You'll be ahead by a factor of 10 or more.
Originally by: nether void
You're thinking too hard. Just 0.01 ISK his orders.
This. He's a low-volume trader, just 0.01isk him until he leaves for easier pastures. |
Kyra Felann
Gallente
Noctis Fleet Technologies
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Posted - 2009.02.05 04:56:00 -
[42]
Originally by: SencneS
1500 units is not high volume either. If you can fit the orders in a T1 Hauler, it's not high volume. Doesn't matter that it cost 10b either, Volume is purely about the amount of units or the size it is. At 1500 units at even 25m3 stuff you're looking at about 37,000m3.
In my one ass end of space high-sec region I did a quick check and saw at least 700 units of stuff I could buy and reprocess for a profit.
Uh, physical volume (ie: size) has nothing to do with volume in the market. Market volume only refers to the number of units traded. |
small chimp
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Posted - 2009.02.08 10:54:00 -
[43]
I am a newbie trader trading mostly t3 and t4 loot and some t2 items.
There are some items that (sometimes) sell for 1.5m and buys for 900k and has a good volume but there is quite heavy competition.
Then someone decides put a big stack on sale for 1.3m cutting down the profit margin by 33%. The profit is still 400k/per unit so everyone is going to follow.
I cant really understand what is the point with this?
If someone cuts the profit down to 100k that would mean he would need to sell 6x more to get same profit?
Also sooner or later I have managed to sell all the stuff I have bought so why not to sell it with higher profit margin than lower?
Also I always set my buy orders to 2 jumps (works well in dodixie area) and its already enough pain to collect all that stuff from nearby stations?
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cpt Mark
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Posted - 2009.02.08 11:06:00 -
[44]
i got so fed up with being 0.1nd every minute i thought enough is enough!! and reduced the profit margin for everyone by 10% (out of about 20% profit).
Either take the loss with me or let me get my stock! |
Mme Pinkerton
Caldari
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Posted - 2009.02.08 11:15:00 -
[45]
Originally by: small chimp
I am a newbie trader trading mostly t3 and t4 loot and some t2 items.
I hope your talking about meta 3/meta 4 loot ... 
Originally by: small chimp
There are some items that (sometimes) sell for 1.5m and buys for 900k and has a good volume but there is quite heavy competition.
Then someone decides put a big stack on sale for 1.3m cutting down the profit margin by 33%. The profit is still 400k/per unit so everyone is going to follow.
I cant really understand what is the point with this?
If someone cuts the profit down to 100k that would mean he would need to sell 6x more to get same profit?
This has been discussed many times before, see here for a recent discussion.
Originally by: small chimp
Also sooner or later I have managed to sell all the stuff I have bought so why not to sell it with higher profit margin than lower?
You should take the turn-over time of your capital stock into account. While your money is bound in buy orders it doesn't net you any profit...
Originally by: small chimp
Also I always set my buy orders to 2 jumps (works well in dodixie area) and its already enough pain to collect all that stuff from nearby stations?
If you are lazy and your margins are big enough, you could set up courier contracts for your items. If you have enough money, you could wait for a few weeks until enough items have accumulated to fill your cargo.
Try to work out a set of routes to collect the items and define triggers (e.g. stock of item <x> > y in station <z>) on which you will fly a certain route.
IMHO a buy radius of 2 jumps doesn't make sense in most cases, it creates a lot of logistical issues without serving a significant larger market (if the nearest hub is 2 jumps off, people will buy/sell there anyway).
I either trade
- in the same station
- high-sec around a trade hub (typically 5-7 jumps)
- region-wide
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Caleb Ayrania
Gallente
TarNec
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Posted - 2009.02.08 11:17:00 -
[46]
As Ambo said there really isnt much point in smacktalking anyones method..
There are so many opportune markets and isk to be made due to the two major issues in the eve economy..
To few orders to have a normalized market anywhere but Jita, and maybe globally on minerals.
The hauling game and general logistics make it possible to get into many different niche markets..
I would be the first to say that its nice with good margins, but there is a need for a bit more normalizing on items. The 1 isk back orders really is more a symptom then an actually opportunity.
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