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Greedy Goblin makes 1b+ per day. How do you compare to him?
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Kaivar Lancer
Doomheim
#1 - 2013-03-06 08:31:40 UTC
As per title. What are your daily profits from trading?

When I traded last year, I generally made 100-150m per day, but it generally took an hour to update my orders, organise hauling etc. Apparently Greedy Goblin only updates his orders once or twice a day.

What say ye? Are you pond scum in the world of traders? Or do you rub shoulders with the titans of commerce and industry?
Candy Oshea
Techfree Investment Group
#2 - 2013-03-06 08:43:57 UTC
Relevant

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#3 - 2013-03-06 09:32:51 UTC
I don't really do that kind of "update orders" trading as I've never found it to be worth the time. Although that probably has more to do with my Dyscalculia making it harder for me than it has to do with the actual merits of traditional trading. Instead, I tend to focus on service provision and on market activities that do not involve being the lowest priced instance on the market.

Given the above, I expect my answer will not ideally suit your question, but here it is anyway and you can make of it what you will...

In January, which is the most recent complete month for which I have full numbers, my profit breakdown was:

Sale Of T1/T2 Goods - 16.35b
Sale Of Blueprints - 4.18b
Scamming Via The Market - 4.64b
Loan Income - 2.22b

Total: 27.39b or 884m per day.

Those totals include only realised profits, no appeciation of unsold stock is included. So tieraicde, mineral, moon goo, PI, T1/T2 BPO and character investments that have not closed are not accounted for.

I have also excluded the profits of piracy, moon mining and FW farming because they aren't trading (athough the products are sold via the market) and they would unfairly mess with the numbers. I have included loan income because I view the loan marketplace as part of the EVE market, your opinion may vary.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#4 - 2013-03-06 09:40:05 UTC
Candy Oshea wrote:
Relevant

...and yes, obviously answers to this question have to be taken with a pinch of salt.

But yet I've often found them informative and I have more than once gained inspiration for a major money making scheme from a thread like this (sup RAW23 o7).
Syds Sinclair
University of Caille
Gallente Federation
#5 - 2013-03-06 10:31:22 UTC
..I believe Gevlon makes 1b a day, or more. I've been reading his blog for quite a few years. I haven't found him to be a liar.

A completely miserable person? Yes. Liar? No.

♠ Sinclair Consulting ♠
enterprisePSI
#6 - 2013-03-06 10:38:57 UTC
Even so, who cares?

The tears of the many, outweigh the tears of the few. Or the one. enterprise-psi©
Arronicus
State War Academy
Caldari State
#7 - 2013-03-06 11:36:17 UTC
Used to make about 800mil a day till I learned the Harlem shake. Now I have more fun partying and rocking my hot body. Huehuehuehuehue.
Elizabeth Norn
Nornir Research
Nornir Empire
#8 - 2013-03-06 11:56:03 UTC
Isn't this the same guy that spends hours every day suiciding miners?

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Akrasjel Lanate
Immemorial Coalescence Administration
Immemorial Coalescence
#9 - 2013-03-06 13:13:26 UTC
Elizabeth Norn wrote:
Isn't this the same guy that spends hours every day suiciding miners?

Yea he is now elite pewpew you know, beacause of that Lol

CEO of Lanate Industries

Citizen of Solitude
Wescro
Deep Core Mining Inc.
Caldari State
#10 - 2013-03-06 13:13:36 UTC
Diesel Phumes
State Protectorate
Caldari State
#11 - 2013-03-06 13:18:19 UTC
We're not all locust players ya know. But if it's what he enjoys then hats off to him.
flakeys
Doomheim
#12 - 2013-03-06 13:24:33 UTC
Making 1 B a day ain't hard , i easily make that updating once a day atm and having bpo's do their passive thingy.It's mostly if you have the isk to make 1 B a day not if it's 'hard' or takes much time.

Funny you mention raw though Bad Bobby because he was one of the few guys who i knew had X amount yet made Y ... to me his daily profits where 'WHAT THE F. that's some badass isking you are doing son'.His NAV was driven by NASA , skyrocketing .

Chatted a lot with him about rl mostly , kids/wife/work/lack of sex but i'm still a bit sad i never asked him how he did it Blink.I miss that guy.

We are all born ignorant, but one must work hard to remain stupid.
Javajunky
Federal Navy Academy
Gallente Federation
#13 - 2013-03-06 13:33:05 UTC
He's a hack washout World of Warcraft blogger...who really care Lola
Vaerah Vahrokha
Vahrokh Consulting
#14 - 2013-03-06 13:49:40 UTC  |  Edited by: Vaerah Vahrokha
flakeys wrote:

Chatted a lot with him about rl mostly , kids/wife/work/lack of sex but i'm still a bit sad i never asked him how he did it Blink.I miss that guy.


I know how he did it since he submitted me his and his friend's plans for the audits.
They were amazingly brilliant.

The kind of brilliant you see in the movies, where everybody trip over and curse at that plain stone lying in the middle of the road since years, yet he would lift up that stone and find the gold mine hidden beneath it.

EvE Online portal | EvE markets tutorials
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#15 - 2013-03-06 13:58:12 UTC
flakeys wrote:
Making 1 B a day ain't hard , i easily make that updating once a day atm and having bpo's do their passive thingy.It's mostly if you have the isk to make 1 B a day not if it's 'hard' or takes much time.

I couldn't agree more.

Also, if it was hard I wouldn't be doing it. All of the isk making I do is very much easy, low-effort, semi-passive stuff. I don't log on to make isk, I log on to shoot things.

flakeys wrote:
Funny you mention raw though Bad Bobby because he was one of the few guys who i knew had X amount yet made Y ... to me his daily profits where 'WHAT THE F. that's some badass isking you are doing son'.His NAV was driven by NASA , skyrocketing .

Chatted a lot with him about rl mostly , kids/wife/work/lack of sex but i'm still a bit sad i never asked him how he did it Blink.I miss that guy.

RAW23 was a good guy and I miss him too. The 100b a month manufacturing process that he worked out was the inspiration for the one I currently run as a publicly funded operation. I'm not as smart as him though and I'm running it solo whereas he had a business partner, so I've not tried to reach his full output. The nice thing about his approach is that you do not actually have to put much isk in to the process in order to have it pouring out.
flakeys
Doomheim
#16 - 2013-03-06 14:36:29 UTC  |  Edited by: flakeys
Bad Bobby wrote:
flakeys wrote:
Making 1 B a day ain't hard , i easily make that updating once a day atm and having bpo's do their passive thingy.It's mostly if you have the isk to make 1 B a day not if it's 'hard' or takes much time.

I couldn't agree more.

Also, if it was hard I wouldn't be doing it. All of the isk making I do is very much easy, low-effort, semi-passive stuff. I don't log on to make isk, I log on to shoot things.

flakeys wrote:
Funny you mention raw though Bad Bobby because he was one of the few guys who i knew had X amount yet made Y ... to me his daily profits where 'WHAT THE F. that's some badass isking you are doing son'.His NAV was driven by NASA , skyrocketing .

Chatted a lot with him about rl mostly , kids/wife/work/lack of sex but i'm still a bit sad i never asked him how he did it Blink.I miss that guy.

RAW23 was a good guy and I miss him too. The 100b a month manufacturing process that he worked out was the inspiration for the one I currently run as a publicly funded operation. I'm not as smart as him though and I'm running it solo whereas he had a business partner, so I've not tried to reach his full output. The nice thing about his approach is that you do not actually have to put much isk in to the process in order to have it pouring out.


Aye if i recall right he had 2 partners at a certain point.He asked me to join the party but i declined as i did not feel like doing any trading.As said before i like to do stuff for at most half a year then do something completely else and i was still sufffering from my ''I am never gonna do trade again''-burnout from a year before.No matter how much profit it makes or what time is involved , it's the only way to keep the game interesting for me .

It's not so much that i want/wanted to make so much isk a day , i do fine with how i handle my stuff , it is/was more that i at the time thought competition was so big on every trade/build aspect in the game that there was no chance to make those profits.Raw told me how much they made a day and it made it REALLY tempting but if you don't feel like doing anything in a certain aspect of the game i found it better to not do it at all.I could have asked him then what they exactly did but i felt it was in the area of ''no need to know as i rejected the offer to participate''.

Your btw free to throw me a mail bobby on how or what he did.I know you say you still do it in a smaller manner but i can ensure that i have no plans on doing it myself but am really curious what it was that could give him such nice profits.

We are all born ignorant, but one must work hard to remain stupid.
shar'ra matcevsovski
Doomheim
#17 - 2013-03-06 15:37:39 UTC
Bad Bobby wrote:
I don't really do that kind of "update orders" trading as I've never found it to be worth the time. Although that probably has more to do with my Dyscalculia making it harder for me than it has to do with the actual merits of traditional trading. Instead, I tend to focus on service provision and on market activities that do not involve being the lowest priced instance on the market.

Given the above, I expect my answer will not ideally suit your question, but here it is anyway and you can make of it what you will...

In January, which is the most recent complete month for which I have full numbers, my profit breakdown was:

Sale Of T1/T2 Goods - 16.35b
Sale Of Blueprints - 4.18b
Scamming Via The Market - 4.64b
Loan Income - 2.22b

Total: 27.39b or 884m per day.

Those totals include only realised profits, no appeciation of unsold stock is included. So tieraicde, mineral, moon goo, PI, T1/T2 BPO and character investments that have not closed are not accounted for.

I have also excluded the profits of piracy, moon mining and FW farming because they aren't trading (athough the products are sold via the market) and they would unfairly mess with the numbers. I have included loan income because I view the loan marketplace as part of the EVE market, your opinion may vary.


your forgot to mention that you make all that in less than 1 hour worth of daily play time.


shar'ra phone home
Kaivar Lancer
Doomheim
#18 - 2013-03-06 15:48:08 UTC
shar'ra matcevsovski wrote:
Bad Bobby wrote:
I don't really do that kind of "update orders" trading as I've never found it to be worth the time. Although that probably has more to do with my Dyscalculia making it harder for me than it has to do with the actual merits of traditional trading. Instead, I tend to focus on service provision and on market activities that do not involve being the lowest priced instance on the market.

Given the above, I expect my answer will not ideally suit your question, but here it is anyway and you can make of it what you will...

In January, which is the most recent complete month for which I have full numbers, my profit breakdown was:

Sale Of T1/T2 Goods - 16.35b
Sale Of Blueprints - 4.18b
Scamming Via The Market - 4.64b
Loan Income - 2.22b

Total: 27.39b or 884m per day.

Those totals include only realised profits, no appeciation of unsold stock is included. So tieraicde, mineral, moon goo, PI, T1/T2 BPO and character investments that have not closed are not accounted for.

I have also excluded the profits of piracy, moon mining and FW farming because they aren't trading (athough the products are sold via the market) and they would unfairly mess with the numbers. I have included loan income because I view the loan marketplace as part of the EVE market, your opinion may vary.


your forgot to mention that you make all that in less than 1 hour worth of daily play time.




So he makes at least 884m per hour.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#19 - 2013-03-06 15:51:38 UTC
shar'ra matcevsovski wrote:
your forgot to mention that you make all that in less than 1 hour worth of daily play time.

What part of my post makes you think I would need to spend that much time on it? Just like flakeys said, it's not hard making 1b a day when you have a lot of isk to throw at it.
Bob Killan
Dzark Asylum
#20 - 2013-03-06 15:59:33 UTC
Bad Bobby wrote:
shar'ra matcevsovski wrote:
your forgot to mention that you make all that in less than 1 hour worth of daily play time.

What part of my post makes you think I would need to spend that much time on it? Just like flakeys said, it's not hard making 1b a day when you have a lot of isk to throw at it.


Thats the truth, infact having large stock piles of usefull materials can result in massive profits pretty passively.

Ie hmm megacyte is expensive today, Sell some stock.
hmm megacye it cheap today increase stock piles.

making isk takes a few seconds a day to check which prices are favourable to trade in and settign an order or 2
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