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Station trading games.
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Victoria Sin
Doomheim
#41 - 2013-06-13 21:14:25 UTC
I'm not trading as such, more selling the goods I manufacture. i.e. I'm not doing arbitrage. Anyway, this batch all sold. Bear
Shizuken
Venerated Stars
#42 - 2013-06-13 22:07:17 UTC
arabella blood wrote:

What do you think?


I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.
arabella blood
Keyboard Jihad
#43 - 2013-06-14 06:41:12 UTC
Shizuken wrote:
arabella blood wrote:

What do you think?


I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.


My point exactly...so keep calm and .01 zerg every 5 minutes

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Rawbert Gzon
#44 - 2013-06-15 23:16:08 UTC
arabella blood wrote:
Shizuken wrote:
arabella blood wrote:

What do you think?


I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.


My point exactly...so keep calm and .01 zerg every 5 minutes


Wat?
Manny Moons
University of Caille
Gallente Federation
#45 - 2013-06-16 11:50:00 UTC
Shizuken wrote:
I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.


On the other hand, people like me, who have not worked in sales and distribution, would prefer the one big score to the thousand low margin transactions. And "easier" means different things to different people.
Smohq Anmirorz
State War Academy
Caldari State
#46 - 2013-06-27 06:17:08 UTC
arabella blood wrote:
Rawbert Gzon wrote:
arabella blood wrote:
Rawbert Gzon wrote:
I love the brainless .01 isk idiots. They make trading so easy and profitable.


Would love to hear how you "defeat" these brainless idiots :)


I bet you would.

Cool


As i thought, big words with nothing to back them ;)
If we talk seriously, i dont see anything more profitable then .01 rapidly. Im talking station trading only, sure theres other methods, but nothing better then this over time if you focus station only.
If we take the exact number of trades and do your "razor sharp" margins against .01 fight. After a year .01 will have more isk.
What do you think?


But why would you do that? Sit in one station all the time and adjust orders by .01 ISK? That sounds about as fun as solitaire. Actually, solitaire sounds like more fun. Get out and do something fun!
arabella blood
Keyboard Jihad
#47 - 2013-06-27 09:19:20 UTC
Smohq Anmirorz wrote:
arabella blood wrote:
Rawbert Gzon wrote:
arabella blood wrote:
Rawbert Gzon wrote:
I love the brainless .01 isk idiots. They make trading so easy and profitable.


Would love to hear how you "defeat" these brainless idiots :)


I bet you would.

Cool


As i thought, big words with nothing to back them ;)
If we talk seriously, i dont see anything more profitable then .01 rapidly. Im talking station trading only, sure theres other methods, but nothing better then this over time if you focus station only.
If we take the exact number of trades and do your "razor sharp" margins against .01 fight. After a year .01 will have more isk.
What do you think?


But why would you do that? Sit in one station all the time and adjust orders by .01 ISK? That sounds about as fun as solitaire. Actually, solitaire sounds like more fun. Get out and do something fun!


But but i thought defenetion of fun is subjective Cry

Anyway, i update orders 3 times a day- morning, return from work, and before sleep - netting 1 plex in 24 hours. On weekends i update a bit more. Rest of the time i spent on my other chars...

Troll for hire. Cheap prices.

Smohq Anmirorz
State War Academy
Caldari State
#48 - 2013-06-27 09:38:04 UTC
arabella blood wrote:


But but i thought defenetion of fun is subjective Cry

Anyway, i update orders 3 times a day- morning, return from work, and before sleep - netting 1 plex in 24 hours. On weekends i update a bit more. Rest of the time i spent on my other chars...


What happened to ".01 zerg every 5 minutes"? That's not updating orders 3 times a day, that's updating them 12 times an hour.

And .01 ISK wars are high margin, not low margin, since the attempt is to outbid by as little as possible, thus preserving the biggest margin possible. I think you missed his point entirely.


But, yeah, the definition of fun is subjective. And if you sit in a station updating orders every five minutes for your EVE career, I do not understand your definition of fun.
arabella blood
Keyboard Jihad
#49 - 2013-06-27 10:07:38 UTC
Smohq Anmirorz wrote:
arabella blood wrote:


But but i thought defenetion of fun is subjective Cry

Anyway, i update orders 3 times a day- morning, return from work, and before sleep - netting 1 plex in 24 hours. On weekends i update a bit more. Rest of the time i spent on my other chars...


What happened to ".01 zerg every 5 minutes"? That's not updating orders 3 times a day, that's updating them 12 times an hour.

And .01 ISK wars are high margin, not low margin, since the attempt is to outbid by as little as possible, thus preserving the biggest margin possible. I think you missed his point entirely.


But, yeah, the definition of fun is subjective. And if you sit in a station updating orders every five minutes for your EVE career, I do not understand your definition of fun.


Read again, he had no point, only claiming .01 isk is stupid, which was fully discussed
From several angles and to my opinion is wrong.
Mind that all the descussion here is mostly theoretical, so my claim of 0.01 every 5min is as such. What i personally do could be completely different yet im going to defend the .01 tactic anyways..

As for fun, you dont need to understand it, you cant, not until you try

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goatplasma
Deep Core Mining Inc.
Caldari State
#50 - 2013-06-27 10:40:11 UTC
Quote this if you spend less than a few hours a week on trading and still make billions.
Smohq Anmirorz
State War Academy
Caldari State
#51 - 2013-06-27 11:05:20 UTC
arabella blood wrote:


Read again, he had no point, only claiming .01 isk is stupid, which was fully discussed
From several angles and to my opinion is wrong.
Mind that all the descussion here is mostly theoretical, so my claim of 0.01 every 5min is as such. What i personally do could be completely different yet im going to defend the .01 tactic anyways..

As for fun, you dont need to understand it, you cant, not until you try


You read it again. He did have a point that he alluded to and you missed it completely. I don't think you understand it from your reply of "my point exactly" since it was not your point at all. No, he didn't tell you exactly what his point was. Nor should he. It's not good business to let everyone know everything.
goatplasma
Deep Core Mining Inc.
Caldari State
#52 - 2013-06-27 11:09:25 UTC  |  Edited by: goatplasma
Time is a resource you need to manage too. I also have an irl job to deal with, and with the eve time I do have I like to do things that do not involve sitting in a station making pew pew noises when I update buy orders. Maybe that's your thing, but it's not mine and I know that I certainly do not need to spend hours every day updating orders to make in excess of several billion a week off the market.
arabella blood
Keyboard Jihad
#53 - 2013-06-27 11:19:01 UTC
Smohq Anmirorz wrote:
arabella blood wrote:


Read again, he had no point, only claiming .01 isk is stupid, which was fully discussed
From several angles and to my opinion is wrong.
Mind that all the descussion here is mostly theoretical, so my claim of 0.01 every 5min is as such. What i personally do could be completely different yet im going to defend the .01 tactic anyways..

As for fun, you dont need to understand it, you cant, not until you try


You read it again. He did have a point that he alluded to and you missed it completely. I don't think you understand it from your reply of "my point exactly" since it was not your point at all. No, he didn't tell you exactly what his point was. Nor should he. It's not good business to let everyone know everything.


Done arguing about who said what and who understood who and how, its childish, leads nowhere, offtopic, grow. Let the speaker defend his point, he sure doesnt need your help, nor can you claim to understand what he said anymore then me.

If you want to discuss the "fun" aspect of station trading, im all here :)

Troll for hire. Cheap prices.

goatplasma
Deep Core Mining Inc.
Caldari State
#54 - 2013-06-27 11:20:55 UTC
Personally I don't trade because it's fun, because it's not. I trade because noone ever made their billions by shooting rats.
arabella blood
Keyboard Jihad
#55 - 2013-06-27 11:25:15 UTC
goatplasma wrote:
Personally I don't trade because it's fun, because it's not. I trade because noone ever made their billions by shooting rats.


So you say the fun part is getting the payment not the actual work thats needed to get it.
I totally agree, most of works people do IRL are not fun for them, but the $$$$ are.

Troll for hire. Cheap prices.

Smohq Anmirorz
State War Academy
Caldari State
#56 - 2013-06-27 11:37:51 UTC
arabella blood wrote:
Shizuken wrote:
arabella blood wrote:

What do you think?


I think anyone that has worked in sales and distribution will tell you that high turnover is easier and more valuable than high margin.


My point exactly...so keep calm and .01 zerg every 5 minutes

arabella blood wrote:


Done arguing about who said what and who understood who and how, its childish, leads nowhere, offtopic, grow. Let the speaker defend his point, he sure doesnt need your help, nor can you claim to understand what he said anymore then me.



I can and did claim to understand him more than you. The point he is alluding to contained in "high turnover is easier and more valuable than high margin." Again, to remind you, .01 ISK raises are a strategy to preserve margin. In other words, high turnover is easier and more valuable than .01 ISK wars.
goatplasma
Deep Core Mining Inc.
Caldari State
#57 - 2013-06-27 11:42:05 UTC
It might be a strategy to preserve margin, but that doesn't mean it's a high margin strategy. The point of 0.01 isk bumping is not for high margins, it's for high volume in a short period of time and the margins are usually very thin. You cannot have a strategy that is both high volume and high margin as it assumes a market that goes against basic supply and demand principles.
arabella blood
Keyboard Jihad
#58 - 2013-06-27 11:47:40 UTC
See, its stupid, i was referring to a different post What?

Now that i know what we talk about, i have to tely shortly;
I was talking about the 0.01 process of mantaining 1 buy order at the top of the list, fullfiling it, then resseling at 0.01 isk lower then lowest sell order.
Thats not high turnover? Thats not ".01 isk war"??

Troll for hire. Cheap prices.

goatplasma
Deep Core Mining Inc.
Caldari State
#59 - 2013-06-27 11:59:35 UTC
I am very happy that everyone in eve picks the 0.01 isk route as it means there is almost no competition for my trading strategies.
Smohq Anmirorz
State War Academy
Caldari State
#60 - 2013-06-27 12:03:13 UTC
arabella blood wrote:
See, its stupid, i was referring to a different post What?

Now that i know what we talk about, i have to tely shortly;
I was talking about the 0.01 process of mantaining 1 buy order at the top of the list, fullfiling it, then resseling at 0.01 isk lower then lowest sell order.
Thats not high turnover? Thats not ".01 isk war"??


Not if it takes you a long time to fill the order and then sell it. If it takes six months, that would be a low turnover.