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Market PVP: Rens vs Dodixie

Author
Zet Morg
Caldari Provisions
Caldari State
#1 - 2012-05-02 09:49:12 UTC
Hello everybody.

I wanted to find some people who do trading in Rens and/or Dodixie tell me what do they think.
CUz ive been working there, and so far ive doubled my investment in 4 days ( 270mil). I think it is not bad for a new to trading.
But lately i checked prices and opportunities in Dodixie and had a though that dodixie is better than Rens.

http://eve-tools.org/tradeHubs.html shows taht Rens is better than Dodixe, but how is the real situation?
Is Rens, for example i dont see any trading bots at all, in fact in my opinion there arent a lot of traders too.

Market there is quite stabile, of course some modules go up, some go down, but thats normal. Just thinking if i could make more ISK in Dodixie than in Rens...

Andy DelGardo
#2 - 2012-05-02 10:17:06 UTC  |  Edited by: Andy DelGardo
I guess it depends on what u want to trade in, i noticed that quite some producer are located near hek/rens/dodixie, so ofc there is some competition for raw resources. I also noticed that its really hard to sell finished products in rens/hek, mainly because so many of them are priced like 20-50% over jita, which ofc as a buyer is bad. So the problem is that most don't bother checking rens for "valid" offers, since most is heavy overpriced. Than again rens has limited offers, so u cant buy all u need in one place. So as a buyer rens/hek = bad. Dodixie, seems much more friendly, balanced as a tradehub in general.

So far i did not notice bots in either of the 3 hubs, but there is quite some 0.01isking for resources in all 3 regions. Cant speak for finished products, but my guess is there is the opportunity to buy cheap in those 3 and ship all to Amarr/Jita, since sellers cant flip there stock fast enough and will eventually lower there prices even under jita/amaar buy orders.

Good luck
Zet Morg
Caldari Provisions
Caldari State
#3 - 2012-05-02 10:23:44 UTC
Andy DelGardo wrote:
I guess it depends on what u want to trade in, i noticed that quite some producer are located near hek/rens/dodixie, so ofc there is some competition for raw resources. I also noticed that its really hard to sell finished products in rens/hek, mainly because so many of them are priced like 20-50% over jita, which ofc as a buyer is bad. So the problem is that most don't bother checking rens for "valid" offers, since most is heavy overpriced. Than again rens has limited offers, so u cant buy all u need in one place. So as a buyer rens/hek = bad. Dodixie, seems much more friendly, balanced as a tradehub in general.

So far i did not notice bots in either of the 3 hubs, but there is quite some 0.01isking for resources in all 3 regions. Cant speak for finished products, but my guess is there is the opportunity to buy cheap in those 3 and ship all to Amarr/Jita, since sellers cant flip there stock fast enough and will eventually lower there prices even under jita/amaar buy orders.

Good luck


Well, currently i am trading modules (t1, t2). About selling finished products in rens(modules), there are items who are sold fast,and other are sold slow, but with a better profit.
What do u think, as a starter, is it bad to try to go for another tradehub?
Andy DelGardo
#4 - 2012-05-02 10:40:38 UTC  |  Edited by: Andy DelGardo
Zet Morg wrote:

What do u think, as a starter, is it bad to try to go for another tradehub?


I'm not really a trader, i'm mainly "forced" into this stupid 0.01isk game as a producer/seller. I really think they should review real world market trading, compared to this stupid 0.01isk grind "minigame".

For me the most important part is to actually have a good cash/material/product flow. This means i can't "yet" afford to have billions of products sitting on the market for days, while i waste my time with 0.01isking babysitting my orders. So i normally "need" to ship all finished products to Jita/Amaar or use the bulk order mailing list.

I would assume the same is true for station traders, so u need "stuff" u can resell fast. Why don't u check Amarr, i noticed nice price differences for many products compared to jita, which also seem to fluctuate and have huge volumes. Thats why i now double check each item at least for jita/amaar prices and 30% of my stock always goes to amaar.

I mainly noticed opportunities for materials/components, since rens/hek/dodixie simply has not all needed production materials or in low volume only. So i still need to buy stuff in amarr/jita and ship it to rens, while i actually would pay more if i could skip this part and directly buy there. So maybe there is a opportunity?

bye Andy
Wyke Mossari
Staner Industries
#5 - 2012-05-02 10:45:41 UTC  |  Edited by: Wyke Mossari
Eve tools is broken with no market update for months.

They are both active market hubs, Rens is probably the busier of the two but consequently Dodixie has less competition.

How much competition you encounter really depends on what you items you trade.
Wyke Mossari
Staner Industries
#6 - 2012-05-02 10:52:07 UTC  |  Edited by: Wyke Mossari
The other thing to remember is Gallente armour tank and Minmatar shield & speed tank so that influences module demand.
Gallente get a big chunk of damage from drones and use large slow firing guns, while Minmatar use of ammo and less drones.
Pinstar Colton
Sweet Asteroid Acres
#7 - 2012-05-02 12:05:57 UTC  |  Edited by: Pinstar Colton
I made my first billion out of Rens before moving up to Amarr. It is a very good market for young traders who might not have the raw ISK to move a lot of volume or the character skills to tolerate razor thin margins, but who do have the time to sniff out profits from the surrounding area and don't mind doing a little hauling and research.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

Chevalleis
The Scope
Gallente Federation
#8 - 2012-05-02 12:31:14 UTC
I thought Dodixie was dying?
Lyrka Bloodberry
Spybeaver
#9 - 2012-05-02 12:58:41 UTC
Go to Amarr. Rens and Dodixie are both not worth it.

Spybeaver

Zet Morg
Caldari Provisions
Caldari State
#10 - 2012-05-02 14:16:32 UTC
Pinstar Colton wrote:
I made my first billion out of Rens before moving up to Amarr. It is a very good market for young traders who might not have the raw ISK to move a lot of volume or the character skills to tolerate razor thin margins, but who do have the time to sniff out profits from the surrounding area and don't mind doing a little hauling and research.


i must agree. Even thou i had a big capital, about 1,5bil, but i act as a new player so that i wont lose it :D
Thou when trading in Rens, u absolutely MUST buy stuff within atleast 1 jump, cuz a lot of stuff is being sold in Farn.
Zet Morg
Caldari Provisions
Caldari State
#11 - 2012-05-02 14:17:15 UTC
Lyrka Bloodberry wrote:
Go to Amarr. Rens and Dodixie are both not worth it.


On what argument your statement is based on?

Pinstar Colton
Sweet Asteroid Acres
#12 - 2012-05-02 14:29:41 UTC
Zet Morg wrote:
Pinstar Colton wrote:
I made my first billion out of Rens before moving up to Amarr. It is a very good market for young traders who might not have the raw ISK to move a lot of volume or the character skills to tolerate razor thin margins, but who do have the time to sniff out profits from the surrounding area and don't mind doing a little hauling and research.


i must agree. Even thou i had a big capital, about 1,5bil, but i act as a new player so that i wont lose it :D
Thou when trading in Rens, u absolutely MUST buy stuff within atleast 1 jump, cuz a lot of stuff is being sold in Farn.


I gave myself a 2-jump tolerance and setup shop in Illinfrik. My orders would blanket both Rens and Farn as well as some of the outlying systems. I did quite a lot of hauling, but when you don't have the raw capital, you need a larger margin to make any real money at first. Large margins + decent turnover= Hauling.

Once you get more raw capital, you can start trading in higher volume with lower margins but little/no hauling. That works up to a point. Once your volume gets large enough, the market can't support it and you are better off moving up to Amarr or Jita.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

george harries
School of Applied Knowledge
Caldari State
#13 - 2012-05-02 19:43:31 UTC  |  Edited by: george harries
FWIW I started trading 'properly' when my corp was heavily war decced and we were not running a fleet. I had recently relocated from amarr space and hauled all my 'mission loot' (well I may need those 150 hardeners Roll) so I noticed a few things, as I was in Minnie space there are certain items that were 400% + more expensive than in Amarr space - specific types of rat loot. Then I started small - about 150m and just bought meta modules - usually stuff I knew missioners pick up and dumped in their station - so I made sure the market orders encompassed the main mission hub(s). Only a small amount of hauling, a few weeks of babysitting and I had 1bn liquid plus a shed load of stuff to sell. I now trade in larger value items - sometimes a slow turnover but really only update every few days......but after 2 months I have over 5bn in market orders.....if I were more active and aggressive I think it would be double.

Advice I would give is similar to real life trading - only buy stuff you know about - or learn about it, I do a bit of PvP now and this opened new opportunities like stocking a busy low sec hub with faction ammo, guns, frigs warp scrams etc.....despite my obscene prices they sold pretty well - when you lost your ship you may dock up asap and don't want to do 1/2 jumps to refit of you can get a fitted firg back into the fight.

Also never underestimate the laziness and wealth of missioners - I would happily pay 10/20%+ over the odds for something rather than do a few jumps.....ammo....drones.....armour/shield hardeners....suitcases etc......if you're not greedy and understand the market you are 'in' then being a lazy trader (as I am) can still bring a steady stream of isk.

edit :typos
LC Sulla
House Mekarae
#14 - 2012-05-02 20:20:43 UTC
george harries wrote:
...

Also never underestimate the laziness and wealth of missioners - I would happily pay 10/20%+ over the odds for something rather than do a few jumps.....ammo....drones.....armour/shield hardeners....suitcases etc....


I support fully this statement... as one of those lazy but wealthy missioners Big smile

Oh... I've run out of ammo?! I could jump around and get some cheaper or I could just buy that stuff here for +25% and go back out and kill stuff.
Fairhand
Aliastra
Gallente Federation
#15 - 2012-05-02 20:49:40 UTC
I am definitely guilty of this. If I need a chunk of ammo or just a couple of T2 drones (or even just a shuttle), I am very likely to just buy from where I am missioning providing the price is not silly. Anything in the order of +25% is fine with me.

I think it is a case of "What is my time worth?" or at least that is how I justify my laziness.
Debiru
Universal Fleet Operations
#16 - 2012-05-02 20:51:55 UTC
The market in Dodixie is very active, but also very unstable. This can be good or bad depending on how you like to do your production. If you work on a daily time schedule (build an item and get it on market less than 24 hours later), it can do you a ton of good. There are a fair few market manipulators in Dodixie as well who do a lot of price spiking. Fortunately, these guys focus on manufactured goods and less on base goods like minerals, which means an industrialist can make a lot of money riding on their coattails.
Darex Nidor
Viziam
Amarr Empire
#17 - 2012-05-02 21:00:25 UTC  |  Edited by: Darex Nidor
Both are very heavily manipulated, really bad places to buy anything from the sell orders. Dodixie is clearly larger hub than Rens. But in both, you can run into very high sell prices. In Dodixie T2 module market was great few years ago.
Barakach
Caldari Provisions
Caldari State
#18 - 2012-05-02 22:44:55 UTC
Darex Nidor wrote:
Both are very heavily manipulated, really bad places to buy anything from the sell orders. Dodixie is clearly larger hub than Rens. But in both, you can run into very high sell prices. In Dodixie T2 module market was great few years ago.


I'm not sure if lower volumes and more volatile prices are indicative of a "larger" market.
Brewlar Kuvakei
Adeptio Gloriae
#19 - 2012-05-02 23:44:57 UTC
Trading bots are hardly a problem in eve now to be honest seems CCP is keeping on top of them. It used to be hell maybe 8 months ago and more you could watch all of your trade sheet get 1 isked in mins after every single update by 1 char. You could get 1/30th down your sheet then quickly check as your order got beaten by the same char 23/7, now when it happens I'm 99.9% sure that it's just an eager trader as it does not happen 23/7 pretty much instantly or if it is a bot it does not last long before it's stopped.
Brewlar Kuvakei
Adeptio Gloriae
#20 - 2012-05-02 23:47:17 UTC
As for Rens V Dixie I find shipping stuff from dixie to Rens works well Rens is typically more expensive. HEK is inbetween the two and that more expensive but the market is slower so I sometimes drop 1/10th of my orders of there.
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