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1Bill proft, 1 day?
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Darges Solette
La Familia del Norte
#21 - 2012-12-10 15:25:23 UTC
flakeys wrote:
Darges Solette wrote:
Hey guys, so i was wondering how many people have managed to make 1bill in 1 day profit?



Getting 1 B in one day ain't that hard , making 1 B every day takes some more understanding of what you're doing.I've had days where i make 10B in one day -not speculation/manipultaion btw never done that- but my marketing at that same time would not leet me make 10B each day.


See the difffernce .


Well yeah, i think i confused people with saying what my averages were, but even just 1bill in 1 day. My most hasnt even come close to that so i was just curious what other people have done.
Danari
Syncore
#22 - 2012-12-11 07:26:16 UTC
Ruvin wrote:

His the creator of EVE MENTAT ! :D


EM is a fine tool, and I used to use EveHQ, but they're information sources. Back in the day, I would import information from EHQ into a spreadsheet to get the real work done: What to buy for how much at which quantity. What to sell for how much. Which market orders need to be updated and what the new price is. Using price trends as components of pricing. What needs to be contracted and where. Weighted average costs stored with each item sold.

Eve is a money-printing game if you get the data organised.
Darges Solette
La Familia del Norte
#23 - 2012-12-11 09:33:49 UTC
flakeys wrote:
Darges Solette wrote:
Hey guys, so i was wondering how many people have managed to make 1bill in 1 day profit?



Getting 1 B in one day ain't that hard , making 1 B every day takes some more understanding of what you're doing.I've had days where i make 10B in one day -not speculation/manipultaion btw never done that- but my marketing at that same time would not leet me make 10B each day.


See the difffernce .


Oh yeah i fully udnerstand, i find if i make loads one day the next day seems to suffer slightly, i was just really curious as to wether 1bill in 1 day (not consecutively or anything) was possible with trading.

Gonna have to push harder then i think!

Thanks for the input
Ash Holloway
Doomheim
#24 - 2012-12-11 10:30:43 UTC
flakeys wrote:
Darges Solette wrote:
Hey guys, so i was wondering how many people have managed to make 1bill in 1 day profit?



Getting 1 B in one day ain't that hard , making 1 B every day takes some more understanding of what you're doing.I've had days where i make 10B in one day -not speculation/manipultaion btw never done that- but my marketing at that same time would not leet me make 10B each day.


See the difffernce .



This, if you can get to the point where you are pulling in 1 billion+ off of an hour of work day after day, than you are one of the few elite traders in game in my opinion.
loonitunen
The loonibin
#25 - 2012-12-11 11:31:10 UTC
Ash Holloway wrote:
flakeys wrote:
Darges Solette wrote:
Hey guys, so i was wondering how many people have managed to make 1bill in 1 day profit?



Getting 1 B in one day ain't that hard , making 1 B every day takes some more understanding of what you're doing.I've had days where i make 10B in one day -not speculation/manipultaion btw never done that- but my marketing at that same time would not leet me make 10B each day.


See the difffernce .



This, if you can get to the point where you are pulling in 1 billion+ off of an hour of work day after day, than you are one of the few elite traders in game in my opinion.



Well if you dont' do manipulation and uses a lot of time, then it all comes down to, isk on marked + orders = more isk in profit ...
if you could keep a 1% profit per isk investest ... it will take 100 billion on the marked, to make 1 billion a day, that isnt imposible, but it will take up marked slots, and might need a few traders to spread out the orders, or else the marked would be overfilled and proift will be lost.
flakeys
Doomheim
#26 - 2012-12-11 15:28:10 UTC
loonitunen wrote:
Ash Holloway wrote:
flakeys wrote:
Darges Solette wrote:
Hey guys, so i was wondering how many people have managed to make 1bill in 1 day profit?



Getting 1 B in one day ain't that hard , making 1 B every day takes some more understanding of what you're doing.I've had days where i make 10B in one day -not speculation/manipultaion btw never done that- but my marketing at that same time would not leet me make 10B each day.


See the difffernce .



This, if you can get to the point where you are pulling in 1 billion+ off of an hour of work day after day, than you are one of the few elite traders in game in my opinion.



Well if you dont' do manipulation and uses a lot of time, then it all comes down to, isk on marked + orders = more isk in profit ...
if you could keep a 1% profit per isk investest ... it will take 100 billion on the marked, to make 1 billion a day, that isnt imposible, but it will take up marked slots, and might need a few traders to spread out the orders, or else the marked would be overfilled and proift will be lost.




Depends what you're trading really.Some stuff is just not sold much but has a verry decent fast return IF you get it for the right price.If you're handling stuff that's traded a lot but also has a lot of competition in it then yes you'll need a ggod fat wallet.

We are all born ignorant, but one must work hard to remain stupid.
Samroski
Middle-Earth
#27 - 2012-12-11 16:59:52 UTC
Have had many days where I make >1b "profit", but they don't happen frequently enough :)

Any colour you like.
Darwins Hammer
Doomheim
#28 - 2012-12-11 21:05:06 UTC
Ive made 300 million a day trading, but its not fun and you are online all day not just updating but moving stuff from system to system and there is only so much people want to by per day.
Fango Mango
University of Caille
Gallente Federation
#29 - 2012-12-11 21:14:50 UTC
Lets see . . . 1 Bil/day

Look at Plex alone
Average spread (buy to sell) is about 10 mil.

Assuming a "good" trade char you looking at 1.25% tax/fee to Buy/Relist/Sell a plex.

That will net you 3 Mil per Plex

Buy/Relist/Sell 330 Plex per day and you're done.

You're going to have to really babysit your Plex orders but you only need to item

-FM
Vaerah Vahrokha
Vahrokh Consulting
#30 - 2012-12-12 00:26:58 UTC
Too much :effort:

Let the ISK come while AFK, why pour in indie-job rated efforts into a game?

Once you have the money to buy 1-2 Titans why do you still slave yourself into being a little, sleepless ISK machine?

EvE Online portal | EvE markets tutorials
flakeys
Doomheim
#31 - 2012-12-12 08:39:13 UTC
Vaerah Vahrokha wrote:
Too much :effort:

Let the ISK come while AFK, why pour in indie-job rated efforts into a game?

Once you have the money to buy 1-2 Titans why do you still slave yourself into being a little, sleepless ISK machine?



Making kills in eve is as exciting as making isk 99.99% of the time , so i kinda see why people do that.

PvPing usually requires less skills of the individual then marketeering.

We are all born ignorant, but one must work hard to remain stupid.
Felicity Love
Doomheim
#32 - 2012-12-12 12:30:53 UTC
I just follow market trends... not really concerned with making a billion in a day....the method of compounding, day over day, reinvestment works just fine for whatever amount you eventually hope to squirrel away under the grubby foam mattress in your Captain's Quarters. Blink

"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )
Nyancat Audeles
Center for Advanced Studies
Gallente Federation
#33 - 2012-12-12 13:18:32 UTC
Danari wrote:
Ruvin wrote:

His the creator of EVE MENTAT ! :D


EM is a fine tool, and I used to use EveHQ, but they're information sources. Back in the day, I would import information from EHQ into a spreadsheet to get the real work done: What to buy for how much at which quantity. What to sell for how much. Which market orders need to be updated and what the new price is. Using price trends as components of pricing. What needs to be contracted and where. Weighted average costs stored with each item sold.

Eve is a money-printing game if you get the data organised.

Please write a guide or something. I'm rather new to the game, and only a few days in learning how to trade... A guide would be very helpful for all us new players.
Indecisive Cid
Splash Inc.
#34 - 2012-12-12 23:08:52 UTC
Vera Algaert wrote:
1b profit in one day is very different from one billion profit each day.



she speaks the truth
IXD
Tauranon
Weeesearch
CAStabouts
#35 - 2012-12-12 23:54:52 UTC
Fango Mango wrote:
Lets see . . . 1 Bil/day

Look at Plex alone
Average spread (buy to sell) is about 10 mil.

Assuming a "good" trade char you looking at 1.25% tax/fee to Buy/Relist/Sell a plex.

That will net you 3 Mil per Plex

Buy/Relist/Sell 330 Plex per day and you're done.

You're going to have to really babysit your Plex orders but you only need to item

-FM


If the spread has historically been holding against you trading 300 a day then sure, but if you try collect 300 inventory off the front of the market in a day as new extra participant, you'll surely close the spread up pretty quick.
CowNoseTheCat
I Love Kitties
#36 - 2012-12-13 00:05:36 UTC
My goal in EVE is to make 1 billion ISK per day with approximately 1-2 hours of effort per day.

I've had people tell me it's not possible, that I will need to play over 8 hours a day, that I will have to .01 ISK endlessly.

It is possible, and I will do it. Wish me luck, and good luck to you!
Samroski
Middle-Earth
#37 - 2012-12-13 06:11:27 UTC
CowNoseTheCat wrote:
My goal in EVE is to make 1 billion ISK per day with approximately 1-2 hours of effort per day.

I've had people tell me it's not possible, that I will need to play over 8 hours a day, that I will have to .01 ISK endlessly.

It is possible, and I will do it. Wish me luck, and good luck to you!

It is not really that difficult. Depends on how much you have invested in the market and what items you are dealing with.

As soon as you have stuff worth more than 100b on the market, your regular income gets to be pretty decent. When you're dealing in items that are worth billions each, then even the sale of one item can bring in lots of money.

The key is to deal in items where your margins are good, as margins tend to get tighter with higher priced items. After playing the game for a while, you are bound to discover these items (especially those where you do not have to .01 ISK).

There is another route to the 1b/day goal, but this involves multiple characters/accounts, and some micro-management. Here you try and brow-beat the market with a few thousand orders. I've experimented with >3000 orders, with about 50b invested and again you can get a decent regular income, possibly a bil a day with some management. A trader I know trades with nearly 4000 orders and does 0.01 isking for 2-3 hours/day and allegedly makes >1b/day.

Personally I hate managing my orders, thus I prefer to make my few hundred million a day, with updating orders once or twice a month.

Anyway, that's my 2 cents worth.

Any colour you like.
Vaerah Vahrokha
Vahrokh Consulting
#38 - 2012-12-13 09:18:39 UTC  |  Edited by: Vaerah Vahrokha
flakeys wrote:
Vaerah Vahrokha wrote:
Too much :effort:

Let the ISK come while AFK, why pour in indie-job rated efforts into a game?

Once you have the money to buy 1-2 Titans why do you still slave yourself into being a little, sleepless ISK machine?



Making kills in eve is as exciting as making isk 99.99% of the time , so i kinda see why people do that.

PvPing usually requires less skills of the individual then marketeering.


That's why I play as often as someone who finds the kinds and amounts of fun you describe: once every some days.

EvE Online portal | EvE markets tutorials
Kara Books
Deal with IT.
#39 - 2012-12-14 23:26:05 UTC
2 days 2.4B
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