EVE General Discussion

I somehow failed at this. I invested fairly large amount for my condition to Scorch M for Station-Station trading. My plan was to buy them off Jita for 670k and sell them at 903k at Dodixie but when I bought off from Jita and came to Dodixie the prices were on the floors at 720k,730k and it still was going down. How can I manage such situations and anything I can do to check whether the investment is safe or not except for looking at the volumes?

If you find a way to make high profit risk free investments, please leave a note in this thread i'll subscribe just in case.

In advance thanks
/dex

When you are doing inter-station trades I find it is best to put a character at the destination station to monitor pricing in real time. Take into account that you are not the only person looking and doing these deals, if it looks too good to be true then it's probably a scam.

Not to discount your trying to make profit off the market but I find there is no money to be made in ammo unless you manufacture it yourself (well perhaps faction ammo is a rare exception). The NPC trades are very unreliable for pricing because they fluctuate so rapidly. Without giving away all my secrets, my advice for you is don't pay more then 50% of the worth of anything, then you have a nice profit buffer to play with and you don't get stuck with a cargo bay full of **** you will need to sell at a loss. Using that 50% buy approach, utilize all your buy/sell order limit, like 305 orders with Tycoon 5. So many people place buy orders then fly around and pick it all up to sell it at Jita or another hub, why? If someone is selling items at a station 15 jumps away that means combat is taking place there, someone lost a ship and will probably need a replacement. Why not sell the product there for roughly 50% profit utilizing one of your 305 buy/sell orders?

When I first started trading I was working all 4 main trade hubs, moving stuff back and forth and after a couple weeks I came to the conclusion very rarely is it worth the time or effort to do it, it totally changed the way I looked at the market and now with very little effort I make billions a month. Now that the profit is rolling in I am reinvesting that profit to obtain more and better traders.

Don't get discouraged, there is BILLIONS in profit to be made on the market my friend.

I can only advise you to not put all your eggs into one basket. Your description of how much you invested is a bit vague, so if this isn't what happened then disregard.

You have tried to make ISKs with trading in the most easiest imaginable way - trading between major market hubs. This is something many players already do and in order to compete with them do you need a lot of ISKs, buckets full of it, so that you can work with high volumes and small margins, and you need to be fast.

If you do not qualify for this then start with trading outside the market hubs. The profit there is made with low volumes and good product placement and not with speed and tiny margins. Simply buy stuff at market hubs where it is cheapest and place it for sale at mission running hubs (to sell to mission runners), low-sec entry systems (to sell to PvPers) and region connections (for those who peek into their neighbouring regions).

1)Find a low-sec hub of activity (FW areas are good places to look, check the market and find the stations that have lots of PvP goods)

2) Put your scorch for sale for 1.2-1.3mil/ea.

3) ??????

4) Profit

Ammo is risky, the volumes are to high for prices to sit at a stable level. When I see ammo creep up, I assume it's going to drop out very fast, and it always does.

Use the data in price history and find things that are stable for longer than a day.

Pay attention to how much an item sells over a given period and make sure you don't oversupply the market you moved the goods to, or you'll just end up with overstock that can eat into your profits.

Also try to supply smaller hubs. Places where people like to do missions, or where they might come to high from low for personal resuply.

You could also try to encourage people to gank the miners in a particular system, and supply them the ships, mods, and ammo they need at a good price. I've noticed that someo fthe gankers will work in specific areas, and the markets in those areas tend to not have everything they need.

You have to also announce the reason for your trip into local

Or get a jump freighter to stealth stock the market

I see people do this a lot.

One guy has hundreds of an item that sells a few a day, and then 20 other guys will start competing to sell a couple of that same item.

Which always results in that one dipshit that gets his panties in a bunch and starts making huge price cuts to "sell his stuff first", while listing his stuff for 90 days.

To many people trying to be traders in EVE, and only looking at buy and sell prices; while ignoring everything else. They just end up flooding markets with more supply then can be sold in any reasonable length of time. Then they don't give a **** that their 200m investment only netted them a whopping 100k profit.


Entirely to much, "if you really want to make isk in EVE, do trading" going on. Most of the people being told to trade stuff have no business doing it. Most people don't even appear to be able to add properly in EVE.

Edit: A lot of the people trying to do trading would be better off just doing courier contracts, they'd make more profits, with less hassle, in a shorter amount of time.