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Help with making ISK
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Nyancat Audeles
Center for Advanced Studies
Gallente Federation
#21 - 2013-05-09 21:11:00 UTC
Erotica 1 wrote:
Nyancat Audeles wrote:
For you more wealthy players out there, I have a question:

How did you start making ISK, especially into the multi-billion ISK range through trade?
I have recently liquidated my assets and invested about 400M ISK in station trading (buy low sell high) but it has yet to double, and a full month has just about passed. Is there anything I'm doing wrong? I normally invest in high-volume items with ~30% margin but it seems that it's not working, for some reason. I have yet to make a billion solely from station trading - does hub-to-hub trading make much more? I won't be able to haul during work obviously, so if I do hub-to-hub trading I will have to do it during weekends (and I do station trading after I get home from work). Does my timing have anything to do with it?


There is lots of good advice in this thread.

I would add that there is not one approach. Personally, I mostly station trade though I will sometimes have items couriered in if the margins are right. I also look for wide margins with consistent volume (not high, just trades every day) to generally avoid the .01 isk game. When you have a decent enough bankroll, it is fun to manipulate a market.

Once you get to a billion or so, you can really increase your bankroll by playing my game if you can decipher how not to lose.

Finally, I would add that it's not a bad idea to get a toon in one of the large alliances so you have access to null markets.

I would offer better advice, but for that I would have to charge you lol

You could EVE-Mail me your better advice, I'll pay you in thanks and gratitude!

I often find station trading frustrating in Jita. I'll probably move to Amarr where there's less bots. 300M ISK in the market - like the poster above me asked, what would the average return be for such an investment? I don't imagine I'll start making much through station trading in the beginning, but from what it looks like, return seems to increase exponentially as wallet size increases. As my faction standings are not good right now, I try to invest in items with a 15+% margin.
Tsukino Stareine
Garoun Investment Bank
Gallente Federation
#22 - 2013-05-09 22:08:31 UTC
One big mistake people make about trading is this:

they think you just set up some orders, go afk for a day and come back and money magically appears.

Station trading requires just as much work as any other money making method in eve, if not more in a lot of cases.

You need to be at your computer, constantly playing 0.01 isk wars making sure you're the one getting the product and you're the one selling.

That's station trading.

Now for other types of trading it's not so much of a hassle, inter-regional market manipulation is REALLY easy to do but requires you to fly around a bit with a hauler and still makes you a decent buck.

Specialist trading (for example setting up shop near mission hubs for drones, ammo, etc) is also great but it requires some hauling work as well.

And then you have high-risk trading where you haul things into low/null and make a killing there.

There is no "easy" way to make money (as you've found out) if you want isk you'll have to work for it.

Art of Explosions
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