These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
Previous page12
 

How much do you make a day trading and whats your capital?
Author
Previous Topic Next Topic
Fung Ku
Escalated.
OnlyFleets.
#21 - 2015-08-15 13:07:23 UTC
Bad Bobby wrote:
Rykker Bow wrote:
Fung Ku wrote:
Well am not able to do the Faction standing at all, but would i see a benifit to getting corp standings for caldari navy up to say 5? or would it not be worth it?
Faction standings are easy with the right research. Google Data Centers and run those. If I remember correctly, you can get up to somewhere between 4-6 just running those in a week. Keep in mind if you run those that there is an optimal way to run them, ie. you get standings increases for Caldari by running Amarr and Caldari data centers. Assuming you want caldari standings that is.

For the benefits, check out the graph linked above. that will show what your cost reductions will be at a glance.
Somewhere in my posting history there is at least one massive wall of text where I cover this issue exhaustively.

So if you feel you can handle a bit of EVE-search and reading my drivel, then you could easily save yourself the isk the standings service will charge you, but also make a couple of billion on the side from the process.



Ty very much for your advice!


Also sorry if i hijacked the thread in any way!
SJ Astralana
Syncore
#22 - 2015-08-15 13:53:00 UTC
I hadn't crunched the numbers in a while so I'm a bit surprised, but it comes down to 15bil a month on 150bil in tied up capital, 5 hours of clicking equals 3bil an hour. Crazy.

Hyperdrive your production business: Eve Production Manager

Gilbaron
The Scope
Gallente Federation
#23 - 2015-08-15 16:55:44 UTC
the only trading i do is market manipulation. profit can be pretty much anything.

i avoid investing more than 1b in a deal, and usually aim for at least 10% profit over the next week before i decide to invest. it's usually higher though. 30% is easily possible :)
Paul VonBel
VonBel
#24 - 2015-08-15 16:58:10 UTC
Depends on your strategy.

At present, I'm getting back into eve after a break and am still very busy with work and my gf, so I prefer to buy high-margin low-volume items that sit on the market for a few weeks before being executed.

I gave about 45bn ISK to several friends before I took my break in exchange for many beers and kept 1bn for myself, which I now have on sell orders of 2.3bn after two weeks of trading but I suspect these orders could take a month to fill (thus suiting my RL situ fine)

Therefore, 1bn over 30 days is 33m ISK per day.

Last week I traded higher volume stuffs and made about 20m per day from 1bn worth of investments.

Sounds like a lot, but when you consider that's a net return of 2% yield per day which is pretty pathetic by trading standards.

Don't put all your eggs in one basket and don't just trade on the margin - see where the markets are going, example of a good buy might be if the item has a volume of 100 trades per day and there are 100 sell orders and 100 buy orders, you know probably 50 are sold per day and 50 bought per day, and maybe the sell orders are 500m, 510, 512, 517, 585, 612, 645 and buy orders are at 440/450 then that is a **** hot buy, don't wait for the 440/450 stuff, just snap up the low 500's and put sell orders for 644, go to work for a day or two and £££.

Are you a market trader? Do you want to chat with other traders? Then join my ingame chat channel: VonBel Trading
Alt Pilot1
Native Freshfood
Minmatar Republic
#25 - 2015-08-15 17:39:46 UTC  |  Edited by: Alt Pilot1
Rykker Bow wrote:
Alt Pilot1 wrote:

Which means at this rate, you have easily surpassed 1 trillion ISK mark already, and ISK no longer means much to you because it's so abundant, and it comes by so easily.


Well...I happen to spend a lot of isk too on fun stuff. I manage to drain my wallets once or twice a year and the good people of MD are compassionate enough to loan me isk to start trading again to get me back on my feet. That and the fact I only trade a few months out of the year means I'll most likely never see that T mark.

Alt Pilot1 wrote:
I am curious to learn, exactly what did you do to make such stellar returns? I've read your posts, and they all say: You did some stuff, using some strategy, to produce the stellar returns. But they don't say exactly what you did. Thanks.


That's exactly right Blink
Those are classified documents...lol. I've shown a couple people the nuts and bolts of the trading plan, too many and the profit pool becomes too crowded. VV has also seen the plans in action in their entirety and in real time during his performance audits. I think he said he needed 4 computers in seperate locations running 24 hours a day to keep up with the transactions to bypass the api pull limititations.


Of course it is :)

I find it extremely humbling that a trader of your caliber is still seeking 25 bil bonds. When you already have a few hundred billion ISK, and you can easily use it to make another few hundred billion ISK per month - based on your profit %.
Previous page12