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How seriously do you take standings?
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Gully Alex Foyle
The Scope
Gallente Federation
#21 - 2014-05-30 10:32:22 UTC
Depending on what kind of business you do, you can easily do the math yourself.

For example, ISK-wise I'd benefit much more from updating my sell orders more frequently (2-3 times a day instead of 1-2) than from lower transaction costs.

Since I'm not willing to invest 5 more minutes a day, for me it would be pointless to invest several hours of boring grind for less benefit.

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!
RAW23
#22 - 2014-05-30 11:53:10 UTC
Gully Alex Foyle wrote:
Depending on what kind of business you do, you can easily do the math yourself.

For example, ISK-wise I'd benefit much more from updating my sell orders more frequently (2-3 times a day instead of 1-2) than from lower transaction costs.

Since I'm not willing to invest 5 more minutes a day, for me it would be pointless to invest several hours of boring grind for less benefit.


It depends on how long you're planning to play for though. Good standings shave off nearly a whole percent from the cost of every buy/sell transaction cycle and that adds up fast. An extra 1% profit on every trade you make forever after is well worth investing a few hours in, especially if you trade non-trivial amounts.

That said, when I started I was trading stuff with very high margins and adding an extra 1% to what was already a 25% margin didn't seem worthwhile. But once I had the standings sorted it also opened up a lot of extra possibilities for trading high-volume low-margin goods that aen't available to people without them.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
Gully Alex Foyle
The Scope
Gallente Federation
#23 - 2014-05-30 12:01:09 UTC
RAW23 wrote:
It depends on how long you're planning to play for though. Good standings shave off nearly a whole percent from the cost of every buy/sell transaction cycle and that adds up fast. An extra 1% profit on every trade you make forever after is well worth investing a few hours in, especially if you trade non-trivial amounts.

That said, when I started I was trading stuff with very high margins and adding an extra 1% to what was already a 25% margin didn't seem worthwhile. But once I had the standings sorted it also opened up a lot of extra possibilities for trading high-volume low-margin goods that aen't available to people without them.

I agree 100%, actually my post should've read 'it depends on how you approach trading'.

What you say makes perfect sense to continuously improve and expand your trading business.

For me personally, trading (with some manufacturing on the side) is the most fun way to make the ISK i need to PVP with relatively low effort. Once I get (more than) enough ISK / month, my only goal is minimizing the effort. Big smile

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!
RAW23
#24 - 2014-05-30 14:45:50 UTC
Gully Alex Foyle wrote:
RAW23 wrote:
It depends on how long you're planning to play for though. Good standings shave off nearly a whole percent from the cost of every buy/sell transaction cycle and that adds up fast. An extra 1% profit on every trade you make forever after is well worth investing a few hours in, especially if you trade non-trivial amounts.

That said, when I started I was trading stuff with very high margins and adding an extra 1% to what was already a 25% margin didn't seem worthwhile. But once I had the standings sorted it also opened up a lot of extra possibilities for trading high-volume low-margin goods that aen't available to people without them.

I agree 100%, actually my post should've read 'it depends on how you approach trading'.

What you say makes perfect sense to continuously improve and expand your trading business.

For me personally, trading (with some manufacturing on the side) is the most fun way to make the ISK i need to PVP with relatively low effort. Once I get (more than) enough ISK / month, my only goal is minimizing the effort. Big smile


As a fellow Faction Warrior it's nice that PvP in our area is pretty low maintenance. Think I killed you in a derptron swarm once or twice in Kehjari last weekend in fact. Can't beat fun fights in sub 2mil ships.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
Gully Alex Foyle
The Scope
Gallente Federation
#25 - 2014-05-30 15:07:27 UTC
RAW23 wrote:
As a fellow Faction Warrior it's nice that PvP in our area is pretty low maintenance. Think I killed you in a derptron swarm once or twice in Kehjari last weekend in fact. Can't beat fun fights in sub 2mil ships.

Probably Big smile

I also like slightly more expensive stuff and - more importantly - the cash to afford a well-stocked hangar and module armory, so the pew never stops!

That's what got me into trading, along with my strong dislike of PVE and FW plexing (though plex LPs are certainly a nice bonus while you're PVP-ing anyway).

Make space glamorous! Is EVE dying or not? Ask the EVE-O Death-o-meter!
Lar Tadaruwa
State War Academy
Caldari State
#26 - 2014-05-30 15:28:50 UTC  |  Edited by: Lar Tadaruwa
I was going to get a COSMOS mission in Gallente space, but I don't think it's worth it.
The system is playing bad tricks on me and I'm logging off for good.

Plus I have to deal with more serious internet matters for over $5,000.

Edit 17:16:
I'm testing one now and it doesn't give me anything worthwhile and it will take over 2 to 4 hours

Edit 2 :
There was no standing increase, except for a Blueprint or 2 which gives no standing increase.

Edit 3 on Sat:
I did a Data Center mission and bought tags to raise my standing by 3% of 1.8 or 1.9 something.
It costed 10m and change though.

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