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What should I be aiming for?
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Herman Klaus
Touched By Klaus
#1 - 2012-04-16 15:43:27 UTC  |  Edited by: Herman Klaus
Recently I've been a little out of touch with my trading. this has mostly been down to RL and honestly a lack of motivation with the markets all being mucked up.

I currently have about 25b liquid but after paying for my accounts i cant seem to get it up. What does MD try and make monthly? I found once i got past 20b it became really hard to make any substantial difference to my overall wealth.

Quick edit: And how does MD remain motivated?
Cookiez Yum
Doomheim
#2 - 2012-04-16 16:04:40 UTC
If i have a really good week, i usually treat myself to something in rl. Usually a dominoes pizza :O half and half texas bbq and meatilious!

:D
Gorki Andropov
I Dn't Knw Wht You Wnt Bt I Cn't Gve It Anymre
#3 - 2012-04-16 16:18:44 UTC
Pizza for ISK - delicious RMTing, then?
Barakach
Caldari Provisions
Caldari State
#4 - 2012-04-16 17:05:45 UTC
I've made 4-5bil in the past 3 weeks on a starting balance of ~5bil, with just this one char. I should easily break 100% growth in 1 month for this month. My goal is to try to keep above 50% as long as possible.

If I was you with 20bil, I would aim to make at least 8bil.

Even though most of the speculation phase is over for minerals, there is still money to be made with the high margins right now.
Tradelita
Ducats in Buckets
#5 - 2012-04-16 17:49:49 UTC
It depends on how much time and effort you are willing to devote. On about 1hr /day, updating orders once or twice on a single character, you could quite easily take that 20b to 30b in a month. On multiple accounts or with more active time, you should be able to at least double it. There are so many opportunities in the market, especially right now, even discounting the stuff with the minerals.

As for how to avoid burnout, I set goals for myself along the lines of "make X isk by this date." I'm currently shooting for 100b by the end of Oct. Once I reach that, if trading still excites me, I'll set my sights higher. If not I'll do something else.
Morikar
#6 - 2012-04-16 20:03:44 UTC
Herman Klaus wrote:
I currently have about 25b liquid but after paying for my accounts i cant seem to get it up.


I think there's a pill for not being able to get it up Cool
Liberty Eternal
The Scope
Gallente Federation
#7 - 2012-04-16 20:37:39 UTC
Having tens of billions in isk makes surprisingly little difference to gameplay experience, which is why people with lots of isk don't see much point in making piles more. It just doesn't make much difference except for e-peen. Maybe you should take a vacation, join up with red vs blue and do some pvp. Then you can put your isk into new shiny asplody stuff and have a motive to make more.
Herman Klaus
Touched By Klaus
#8 - 2012-04-16 21:00:06 UTC
Morikar wrote:
Herman Klaus wrote:
I currently have about 25b liquid but after paying for my accounts i cant seem to get it up.


I think there's a pill for not being able to get it up Cool


I lol'd. Ok i could of worded that differently P

Liberty Eternal wrote:
Having tens of billions in isk makes surprisingly little difference to gameplay experience, which is why people with lots of isk don't see much point in making piles more. It just doesn't make much difference except for e-peen. Maybe you should take a vacation, join up with red vs blue and do some pvp. Then you can put your isk into new shiny asplody stuff and have a motive to make more.


Well I do pvp. Not as much as I could (this is were the RL aggro makes most impact). So most of the time I'm logged into Jita and faffing about.
Tradelita
Ducats in Buckets
#9 - 2012-04-16 21:06:28 UTC
Liberty Eternal wrote:
Having tens of billions in isk makes surprisingly little difference to gameplay experience, which is why people with lots of isk don't see much point in making piles more. It just doesn't make much difference except for e-peen. Maybe you should take a vacation, join up with red vs blue and do some pvp. Then you can put your isk into new shiny asplody stuff and have a motive to make more.


That is, of course, unless your entire gameplay experience revolves around making as much ISK as possible and deriving enjoyment from that pursuit.
Kouryusei
Keizai Inc
#10 - 2012-04-16 21:22:05 UTC
Tradelita wrote:
Liberty Eternal wrote:
Having tens of billions in isk makes surprisingly little difference to gameplay experience, which is why people with lots of isk don't see much point in making piles more. It just doesn't make much difference except for e-peen. Maybe you should take a vacation, join up with red vs blue and do some pvp. Then you can put your isk into new shiny asplody stuff and have a motive to make more.


That is, of course, unless your entire gameplay experience revolves around making as much ISK as possible and deriving enjoyment from that pursuit.


See, my plan is to acquire 10% of the ISK currently in Eve. It's an unlikely goal, but one I'm aiming for :-p.
Darth Tickles
Doomheim
#11 - 2012-04-16 21:35:39 UTC
Grinding to make money gets old pretty fast.

As I hit 20-30b I started transitioning to speculation/manipulation, to the point where I haven't "spread traded" anything in over a year. Honestly, the idea of spread trading your way to 100b+ just seems farcical to me. I'm sure some people have done it and more will do it, but they are probably awful people with serious mental issues.

Spend your effort on finding less intensive ways to steadily increase your capital.
Tradelita
Ducats in Buckets
#12 - 2012-04-16 21:47:43 UTC
Darth Tickles wrote:
Grinding to make money gets old pretty fast.

As I hit 20-30b I started transitioning to speculation/manipulation, to the point where I haven't "spread traded" anything in over a year. Honestly, the idea of spread trading your way to 100b+ just seems farcical to me. I'm sure some people have done it and more will do it, but they are probably awful people with serious mental issues.

Spend your effort on finding less intensive ways to steadily increase your capital.


I wholeheartedly agree with your last sentence. However I don't think station trading your way up to 100b is unreasonable in the least, and I also wouldn't wait until I hit 20-30b to start getting into speculation & manipulation. You can make buckets of ducats combining the two, and have fun doing it without spending hours a day updating 305 orders or hauling **** around. It all comes down to what you enjoy doing, and as you said, effort vs. reward.
corestwo
Goonfleet Investment Banking
#13 - 2012-04-16 22:03:02 UTC
Kouryusei wrote:
Tradelita wrote:
Liberty Eternal wrote:
Having tens of billions in isk makes surprisingly little difference to gameplay experience, which is why people with lots of isk don't see much point in making piles more. It just doesn't make much difference except for e-peen. Maybe you should take a vacation, join up with red vs blue and do some pvp. Then you can put your isk into new shiny asplody stuff and have a motive to make more.


That is, of course, unless your entire gameplay experience revolves around making as much ISK as possible and deriving enjoyment from that pursuit.


See, my plan is to acquire 10% of the ISK currently in Eve. It's an unlikely goal, but one I'm aiming for :-p.


"Currently" as in "whatever exists right now" or "currently" as in "whatever exists at any given time"?

The latter one is rather unlikely, I think. Somer is well on his way to the former, though, if I had to guess.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo
LoBlo Fet
Terra-Formers
#14 - 2012-04-16 23:25:20 UTC
I think a lot of players like the idea of ownership and self-reliance. Some would invest that isk into POS Manufacturing that could produce all their pew-pew gear. Or even use it to make even more isk. Some would use it to carve out their own private WH to call home.
Vaerah Vahrokha
Vahrokh Consulting
#15 - 2012-04-16 23:28:25 UTC
I never cared to become spare-rich, because I don't see the reason to. I just put 10-20B in MD investments, some in swing trading (where money makes by itself with no :effort:) and the rest I buy BPOs for collection.
I only miss a SC / Titan (could fly a SC though) but it's not the kind of ships I'd want to fly anyway.

So what do you do with those 150B you 0.01 ISKed with great effort? Money is a medium not an end, making money for money's sake does not entice me.

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LoBlo Fet
Terra-Formers
#16 - 2012-04-16 23:37:43 UTC
Vaerah Vahrokha wrote:
Money is a medium not an end, making money for money's sake does not entice me.


Speak for yourself! Those are words of someone that already has surplus isk :P.

Actually for my gameplay isk is an end in of itself as its interesting to figure out new strategies to get more revenus more efficiently. That in itself is in a way a "game within the game".
Vaerah Vahrokha
Vahrokh Consulting
#17 - 2012-04-17 00:28:35 UTC
LoBlo Fet wrote:
Vaerah Vahrokha wrote:
Money is a medium not an end, making money for money's sake does not entice me.


Speak for yourself! Those are words of someone that already has surplus isk :P.

Actually for my gameplay isk is an end in of itself as its interesting to figure out new strategies to get more revenus more efficiently. That in itself is in a way a "game within the game".


Bolded the relevant word.

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