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Pos reaction decision making help needed
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Bondeknold
Perkone
Caldari State
#1 - 2012-02-11 18:53:25 UTC  |  Edited by: Bondeknold
Quite simple Im Lost here .. one market after another keeps crashing

Material prices goes up and down several thousand isk per unit on a daily basis

WHat should i be making that is worth while .. = a noticeable profit margin ..

i prefer to be buying the materials off the market and just make the end product

i started making Sulfuric acid to learn how to set it all Up ect but there was barely eny profit in it so now that i know how it works idd like to Move on eny suggestions ?
Velicitia
XS Tech
#2 - 2012-02-11 19:03:53 UTC
do the maths yourself (no one will tell you what's profitable). daily movement is "bad" to look at, try a week/month instead.

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia
Bondeknold
Perkone
Caldari State
#3 - 2012-02-11 19:21:16 UTC  |  Edited by: Bondeknold
Velicitia wrote:
do the maths yourself (no one will tell you what's profitable). daily movement is "bad" to look at, try a week/month instead.


What can i tell you xD

Its not easy when your new at it .. gettin an overview Figuring out if the end material has gone down or it the needed materials went up . are they coming down/up again and so on . thought there might be a friendly chap out there who doesent care too much about helping . after all its no big secret ..
Velicitia
XS Tech
#4 - 2012-02-11 19:35:35 UTC
it's more if someone tells you that something makes mad profit, *EVERYONE* will start making that, which completely eradicates profits...

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia
Bondeknold
Perkone
Caldari State
#5 - 2012-02-11 19:37:40 UTC
Velicitia wrote:
it's more if someone tells you that something makes mad profit, *EVERYONE* will start making that, which completely eradicates profits...




and i completly gett that . No doubt about it . i just still wish there was a way . privat convo .. some chat something :D would be stupid to post about it all over the internet
Taedrin
Federal Navy Academy
Gallente Federation
#6 - 2012-02-11 20:05:33 UTC
That's interesting. My personal experience is that it is hard NOT to make a profit with reactions. Most likely you are doing something fundamentally wrong.
Ajita al Tchar
Doomheim
#7 - 2012-02-11 20:07:22 UTC
Do one of the two things:

a) Look through this section of the forums and look at out of games tools websites linked on Evelopedia and whatnot, find a calculator, check to make sure it's accurate and not impossibly convoluted, use it.
b) Make a spreadsheet of your own with reactions and profits. Will take you around 30 minutes, and will give you some more insight of what the tendencies in things that tend to be profitable are.

As you said, since markets fluctuate some reactions may not be as profitable as others for some time, and then it may change, so any concrete advice given here isn't going to last in its usefulness. It's possible to set up a POS to have options in reactions, like you make compound A for three weeks, then someone fucks the market and you easily switch over to compound B because they might have a reactant in common or some such. Also, stuff that involves Tech often reacts at a profit. Figuring out these things is part of the process, don't be lazy, investing some time into research now will benefit you greatly in the long run. If you don't want to spend any time crunching numbers, chances are industry-related endeavors aren't for you if you want to be profitable.
Bondeknold
Perkone
Caldari State
#8 - 2012-02-11 20:25:42 UTC
Ajita al Tchar wrote:
Do one of the two things:

a) Look through this section of the forums and look at out of games tools websites linked on Evelopedia and whatnot, find a calculator, check to make sure it's accurate and not impossibly convoluted, use it.
b) Make a spreadsheet of your own with reactions and profits. Will take you around 30 minutes, and will give you some more insight of what the tendencies in things that tend to be profitable are.

As you said, since markets fluctuate some reactions may not be as profitable as others for some time, and then it may change, so any concrete advice given here isn't going to last in its usefulness. It's possible to set up a POS to have options in reactions, like you make compound A for three weeks, then someone fucks the market and you easily switch over to compound B because they might have a reactant in common or some such. Also, stuff that involves Tech often reacts at a profit. Figuring out these things is part of the process, don't be lazy, investing some time into research now will benefit you greatly in the long run. If you don't want to spend any time crunching numbers, chances are industry-related endeavors aren't for you if you want to be profitable.



thank you!
Taedrin
Federal Navy Academy
Gallente Federation
#9 - 2012-02-11 21:34:54 UTC
Ajita al Tchar wrote:
Also, stuff that involves Tech often reacts at a profit.



It should be pointed out that there is a REASON why tech related reactions are so profitable.
Jarnis McPieksu
Aliastra
Gallente Federation
#10 - 2012-02-11 22:12:54 UTC
Taedrin wrote:
Ajita al Tchar wrote:
Also, stuff that involves Tech often reacts at a profit.



It should be pointed out that there is a REASON why tech related reactions are so profitable.


...except that right now Fullerides are anything but profitable - Tech price has been creeping up while Fullerides market has been flooded and price pushed down hard. Nanotransistors are not that great either.
Jarnis McPieksu
Aliastra
Gallente Federation
#11 - 2012-02-11 22:16:31 UTC
Taedrin wrote:
That's interesting. My personal experience is that it is hard NOT to make a profit with reactions. Most likely you are doing something fundamentally wrong.


Well, if he was reacting Sulfuric Acid, in other words reacting just a intermediate material, that would be "doing it wrong"; those are rarely bought in any real volume. Vast majority of reactions are done from moon goo to complex materials. Only time someone buys intermediate material at a price that is above the raw moon goo cost is to get some buffer when setting up a new chain.

Sure, sometimes the intermediate mats go below the moon goo raw cost, at which point the smart ones grab that below-cost intermediate and run their chains for a bit without raws. Not too common, but can happen especially if raw material prices jerk around a lot.
Tau Cabalander
Retirement Retreat
Working Stiffs
#12 - 2012-02-11 22:34:23 UTC
Don't forget about polymers. C3-FTM Acid and Carbon-86 can be decent, but I've not checked recently.
Fishslapper
Kraken Exploration and Janitorial Services
The Initiative.
#13 - 2012-02-13 01:44:08 UTC
Tau Cabalander wrote:
Don't forget about polymers. C3-FTM Acid and Carbon-86 can be decent, but I've not checked recently.


Wow... Big input costs on those... How much are the final products in demand? And what are they used for?
Bath Sheeba
Another Success Story
#14 - 2012-02-13 02:06:44 UTC
Fishslapper wrote:
Tau Cabalander wrote:
Don't forget about polymers. C3-FTM Acid and Carbon-86 can be decent, but I've not checked recently.


Wow... Big input costs on those... How much are the final products in demand? And what are they used for?


Open a market window and look.



BTW: are you a ninevite?
Fishslapper
Kraken Exploration and Janitorial Services
The Initiative.
#15 - 2012-02-13 02:46:57 UTC
Bath Sheeba wrote:
Fishslapper wrote:
Tau Cabalander wrote:
Don't forget about polymers. C3-FTM Acid and Carbon-86 can be decent, but I've not checked recently.


Wow... Big input costs on those... How much are the final products in demand? And what are they used for?


Open a market window and look.



BTW: are you a ninevite?


I did - am still wondering what I've done wrong with my calculations P

are you a ninevite? --- lol, an Atheist, but thanks for asking Roll
Quotia
InterGalactic Corp.
#16 - 2012-02-13 03:52:08 UTC
I could make 30 rules tbh but these 4 serve me well.


Reactions are a constant number crunch. You have to really understand the market to get a consistent profit.

Always add fuel cost to your calculations. (including jump fuel if necessary)

Sometimes you might have to take a loss. Especially if you don't have the reserves isk wise to weather the storm.

Keep a very close eye on daily volume.