Market Discussions

Hi everyone,

December has been quite hectic for me so I was unable to put out the week 2 profit report, however dividends were paid out in time.

I have a christmas vacation from work now for the next week and I have traveled to my home town to family for christmas.

Week 2 summary

Week 2 was a very exciting week, I learned a lot about the market trends and increased investor interest got me going off to a very good start, going from just around 1 billion isk in buy orders to around 30 billion really did wonders, although I must admit it was very daunting to begin with having so much isk to roll over.

Week 2 weekend was quite exciting, there was a lot of market manipulation going on and some items skyrocketed in price for a few hours, I made some and I lost some, always being careful not to get stuck with a large stock of an item that was eventually going to drop down in price in a few hours.

I made a big mistake on one specific item and bought a lot more stock then I meant to, getting stuck with such a large stock that it took me 4 days to get rid of and I lost a bit of money on that, however all in all I made more then I lost on other items so it was not too terrible.



Week 3 was a lot less eventful in terms of eve, work was going crazy, and where I generally have around 4 - 5 cases to follow up on at work I had around 30 each day, that a long with a lot more call-ins then usually, people get really stressed about minor things around christmas.

Knowing that I would not be able to be nearly as active on the market this week I tried a new strategy where I had mapped out a few items that have quite a slow rollover but generally are stable in prices and when you roll them over there is quite a bit of profits but it takes a lot of patients.

to my surprise this new strategy paid off a lot better then what I had expected and I managed to make a record in profits, so I will definitly be introducing this new strategy to my trading adventures in the future a long with others things I have learned.






The tracking tool I was using seemed to bug out so I stopped using it and I am looking into other options at the moment, I´m thinking about trying out EMMA.

These numbers are pretty rough estimates, and you can expect a lot more detailed reports in the future.



Total profits earned: 1.200.000.000 (1.2 billion isk)
Total dividends paid out: 611.000.000 (611 million isk) + 84.000.000 christmas bonus = 695.000.000 (695 million isk)
Dividends per share: 69.500 isk

Shares sold: 6670 @ 1 million isk per share (6.67 billion isk)

Dividends that went back to NETCI: 225.000.000 (225 million isk)

Current NET worth of NETCI: 8.112.000.000 (8.1 billion isk)

Yes, many congratulations for your imaginary...whatever this is.