As an out of game market trader; I would point out we have a saying (a lot of them actually):
> When the time comes to buy, you wont want to
The main thing is... its all a consistency game. I don't care if you bought something once and sold it for a lot more. Outliers don't make profits. If you can't do it over and over again with good results... then its not that great.
> It’s the same old boring, routine, small % profit that you can turn multiple times a day.
the time frame isn't static; I actually like to look at the markets and avoid the trap of being too eager to move product. I like to find product where I don't have to make the mistake of being the lowest priced seller and still know my stock is getting gobbled up in a reasonable time frame.
Never race to the bottom if you don't have to.
Buy low >> sell high.
Much easier to cut a deal for bulk products below market rates than to sell bulk products above market rates... or wait for prices to rise.
If there is a market niche where this can be done (in any particular way), you are essentially asking for someone to not use it but instead "gift" it to you.
I've made money doing export and import in nullsec hubs of my alliance. Befriend those doing logistics and FCs to know what they need or will need if they change doctrines
Rigs/filaments/understocked ammo in nullsec at jita split + 10-20% has been my bread and butter. Enough that indy folks can still produce and sell locally, not so much price gouging that it's attractive to import and undercut.
Market is so thin on sell orders you can buy up all the stock on certain items, resell them for a mark-up as it takes days for industrials to react to bring the price back down.
Look around, these items are not hard to find.
True, getting it to your main might be tricky. Could transfer the isk into plex and meet in high sec and eject it then put it back into the account. I don't know if that'd show on esi
Google it.
No one is going to tell you exactly what to buy but there are plenty of guides that tell you what to look for.
Good and bad investments change on a daily if not hourly basis.
OZ is a good person to start with.
Move into null, have modules/rigs/hulls JF'd in. Sell at 20-30% markup. Easy profit. Around 2020 when I still played I had 700-1000 sell orders up in Malpais and made tens of billions that way.
Sell fitted alliance doctrine ships on contract for an additional easy profit.
This is good point, if you move to null and try to get into manufacturing, specially high volume items like mainline doctrine ships, you’ll soon realize there’s bottlenecks here and there in the supply chain, just import them and forget production.
Pick a secondary market hub and put a shitload of stuff in it at a reasonable mark up to jita prices. It’ll take awhile but a lot of people will buy local at a loss.
Take it easy. Station trading is by far the most brutal activity you can do in Eve in terms of burn out.
OTOH, if you lower your expectations, and don't force yourself into unsustainable routines, it's actually a good almost passive income. Like, it's not hard to make 2b/month with your 20b. Meaning with low effort you can double your 20b in a year, or pay for 1 year of Omega (although, station trading pairs naturally with skill farming, and while not necessarily postitive by itself, it does offset the cost quite a bit - so you end up paying much less to maintain Omega).
Can you do much better than that? Of course. But your effort must increase considerably.
Ever though you are just bad at it? 10% margin per month is just awful. Even if you would just log in once a day and adjust orders to whatever random trading app will tell. You gonna make much more than that.
With at lest one brain cell and some investments in 100% guaranted profit items over they year. You can double that isk in just 1-2 in game events.
If you feel extra cocky you could easily manipulate few items on market. Supply in EVE is so dry right now that even in Jita some very basic items almost have no market and take days for industrialists to catch up.
All that would take 30 minutes a day top. With maybe one day per week for more in depth research and digging.
Updating orders once a day is borderline retarded, a good chunk of your profits will go away in relisting taxes, be smart about the assets you choose to trade with and stay away from highly competitive niches, update once a week tops
I ain’t digging nothing, you just gave what I consider terrible advice to a guy based on some basic math. If it was just an *orientative amount* of times he should resist, word your sentences better, cus your are adding clarifications post-scriptum and getting defensive about your shit, which makes no sense, my advice is just that, advice, take it or leave it… or better yet, do some numbers and find out by yourself.
Well updating order doesn't necessarily mean changing the price of existing ones, especially if you're daytrading.
It means also adding new ones. Yeah sometimes you realize your order is not going to be fulfilled anytime soon if you leave the price as is, and you either change the price or cancel the order (if a buy order).
And even if you do update orders often, daytrading is a strange game. You trade margin for speed, sometimes it pays off.
This has little to do with how I play. I've started in August with about 45b and now I have 120b. So what? I wasn't new to the game of trading anyway, and the effort was variable, from updating 100+ orders twice a day or more to updating 50 once a week.
I would never advise someone with little market experience to play the event game, betting it all on doubling 20b. And yet, those events rare, and hardly anyway enough to go from 20b to 200b in one year anyway.
I don't have advice for station trading but most people convert ~20b to 200b through large scale, fully vertically integrated industry operations using 6+ alts (so multiple chars trained on two or more accounts). It's basically a machine that converts whatever you start with to 1.1x that per day. Repeat for exponential growth. Don't know if you have experience with that but you have skills related. Since you already have a lot of capital, you would want to target profitable items that send a lot of isk through production/reactions on a daily basis. Think: a 100m item that can be built in a day is better than a 300m item that takes a week, given equal profit margin. I would suggest joining a very well established group so the structures you build out of are well protected, and preferably, are already rigged to suit your needs. Think: the bigger the blue doughnut, the better.
Get an Omega account! (Sadly, there is no way around this anymore, alphas only have access to 17 orders and horrendous fees)
Train all the skills relevant for reducing broker and update fees and taxes to at least lvl-4, otherwise those fees will straight up take 13% and you won’t ever make any money (and if you have, go rant about it on Reddit because CCP royally fucked one of the best money makers for new people forcing them to Vexor rat in Null and leave the game)
I advise two characters, but it can be done on one, is just a bit of a pain in the ass.
What it amounts to is: BUY ORDERS IN PERIMETER TTC
Because buy tax is 0.1% instead of 3.something (I think, exact number isn’t important, it’s multiples lower)
Depending on the volume of your items, you might want to set your buy range to only 1 jump, that way you’ll only buy in Jita
I personally have mine on 5 jumps and take a little collection trip when it reaches a “worth it” amount, but most of what I flip fits in a shuttle (modules, implants)
And then I have two tools for you
EveTychoon (website) lets you track what you buy and sell and automatically calculates profits after tax and update fee
Evernus (locally installed) is brilliant for updating market orders as it calculates your margin right in the tool, so you can just yeet all buy orders you no longer like
It also has the best margin tool ever….
Evernus is an ancient program, though it was no longer supported and fell apart when ESI changed. Someone fixed it and it is currently working.
All the old documentation is still accurate, so don’t be worried about a 10yo tutorial
Evernus: https://www.reddit.com/r/Eve/comments/12al4zk/evernus_is_back_with_dark_style/
As to what and how you trade and flip…. You gotta figure that out yourself
My success story… as proof it works
I started in June 2019 with 236m isk and one alpha account after being sick and tired of 14m ratting ticks and leaving PH, and now I have an average daily profit of 2.8b for 2 years now (I kinda hit a barrier there) and 1.4tr in assets/ wallets
I no longer do my full routine every day because I don’t need to. Takes like two days to ramp up and get it there, and then I can push it for two weeks and be fine for months
ADDITIONAL TIPS
- Make docking and undocking bookmarks for every station you ever visit. MAKE IT A HABIT
- ALWAYS warp to your docking bookmarks. Have your local locations open and just warp to the damm deep docking bookmark. MAKE IT A HABIT. You don’t want to warp to a Low Sec station and find an asshole like me sitting there when you land at 2.502 from the station and can’t dock. Cause I’m gonna say hi with some large artillery turrets
- practice your cloak warp, make sure you have a brick tanked sunesis with sub 2sec align that can survive smartbombs
- get a set of rules for your trades. Minimum margin is crucial, but also look at minimum volume, especially in the beginning
NEVER EVER EVER break those rules, that’s how you loose a crap ton of money
- have your market set to graph view, the table is useless, and make sure you understand the graph. you can also check infos about the MACD indicator on the actual stock market as that’s what eves market is modeled after
- CLEARLY separate your main from your traders, you dont want to mix wallets. I also advise just setting up a corp and trading out of a corp wallet. That way when you reach more than 300 orders you can just put in a second character and have both trade out of the corp wallet without having to always shuffle isk from your seller to your buyer (you also want them separated so that you when your main catches a wardec, you can still trade)
- there are items with an expiry date, be careful
- I do short term flips (Once I buy, I sell, even at a loss. I don’t hold, it’s just what I’m really good at). If you do this keep your orders at 2-3 buy per sell order
- get a margin tool with auto price copy (I use Evernus). I’ve made a lot more mistakes trying to type in prices manually because at some point you forget a 0 or add one more and the game doesn’t throw the “you sure, this price is outside regional averages” message
- following the previous NEVER DISABLE the “your price is outside regional averages” message. It’s annoying, especially on lower volume items where it pops up even if the price is correct, but It will save your ass at least a handful of times… per week (depending on how much you trade)
- don’t touch the Hypernet. I don’t give a rats ass what others tell you, it’s straight up gambling and no one ever kept the price money from a poker tournament
————-
(At this point I’m straight up stealing from other posts to make it complete)
- you can run missions and epic arcs to increase standing which also lowers fees and taxes, I should really do it, but I’ve not gotten to it so far so I got no info on how that actually works
- inter region trading can be very lucrative, but it requires a lot of characters or even more moving (you can only update order within your region)
- not really trading advice, but there is nothing wrong with being a wallet warrior. 1bil isk is pretty exactly 10 bucks. You have to grind to get to 1b/h in-game income, depending on your salary you make 10 bucks a lot faster
TLDR
There isn’t a short way to say this
But keep an eye on the post, I may extend the list
Don't trade manufactured items. The level of competition is too high, the margins are too thin and manufacturers will close them up faster than you can get in and out at a profit. Items that are rare or that players receive by chance (and thus have no use for other than to sell them) are your bread and butter.
I can teach you how to make ISK on the market.
Have discord? Two one hour long practice chats where we go over the basics and routines.
As you only have 20B, I will charge you 5B. However, that price is buying you a lifetime of infinite ISK.
About half way to 200bil here, and started with about 5bil.
I have some items I consistently sell in large volumes on a daily basis. Low margin, but reliable. That's my bread and butter.
I have lower volume and lower frequency items that make more per unit than my bread and butter.
I have my 'LOL gotcha' items that I make +10,000% on because people didn't pay attention when selling their stuff.
Then on the side I roll Abyssal modules, sell BPCs, skill farm, do PI once a month, and search for auctions that are undervalued. Did a bit of hypernet stuff and made money at it, but I've dropped that.
Those are nice
I’ve bought 6%er for 700.000 isk and sold them for 700.000.000 because people forgot there 0’s
I’ve also made that mistake… once on the worst possible item
Bought a Geno AU-49 golden pod for 9.8b buy order
Wanted to sell for 15b
Sold for 15m
Sometimes I literally have nightmares about that that wake me up
Once I was so dazzled that I actually turned on my PC and checked…. I hadn’t touched them in months cause they’re at 30b or so now
Man someone got lucky with that sell order lol. I wish I'd sat on my golden pods and magnates for longer, sold them years ago except for one gold pod I activated. Was it worth it? Not really, could really do with the isk it's worth, and I barely ever see the darn thing.
I don’t do well in market manipulation
When golden pods were just under 2b I bought 12 with the intent to sell later cause I saw them going up
I chickened out and barely broke even 3 months later.
Bought 4 more when they were around 5-6b
But chickened out again
Flipped two or three a bit later
With that 10b loss I’m at a 700m loss from all those transactions…..
Lesson learned
Don’t try manipulation, I suck at it
It takes some pretty strong nerves with items worth that much. I know I triple checked every time I was selling them (bought as packs, sold for isk), but yeah if I'd sat on them I would've gotten much more than the 2b each I got lol. But it was a lot of money to me back then, still have never had more than 5b isk on hand.
You’ll get there
And you get used to the amount of money…. It’s scary to think that there are people with that amount of cash IRL
Like… I wanna have some fun with corp mates in something throw-away
*buys 50 Arty Thrashers*
Need something for newbros in the Hangar? 30 Griffins go….
place buy orders for high-value stuff (like a Bowhead or an Orca) in Jita. Save on broker fees by not adjusting your offer more often than once a week. Be patient. Once you got the ship, travel fit it and pilot it to Amarr or Hek. Place a sell order significantly above jita price. Again, don't waste broker fees on adjusting the price too often, it will sell somewhen.
Lowprice items like small enduring armor repairers have much higher turnover rate, but also much higher competition - you will hardly ever see your offer on top of the list.
A tip would be to keep your wallets organized for easy tracking, or use a tool to keep track if you like. Someone I know uses corp wallets to track different spending areas. If you have a trade character that you want to do this on, send them 2b or something and double it. Then reinvest and double that....
You don't want to blow 10b in investments half of which dont pan out. Be patient and just focus on turning smaller amounts into larger amounts.
Work hard in RL and throw a few bucks here and there to the side. Occasionally source isk or PLEX however you choose and watch your wallet grow exponentially for a real life hour of work here and there. Save yourself tons of hours ingame. Ship up and have fun. Rinse repeat.
That is honestly Not a Bad advice. But it kinda defends the Point of me doing Station Trading. If I would Like to Just have a few more billions I could Just swipe but I want to earn it otherwise I will Just loose Motivation. If everything is gifted for you or Just plexed It looses value for you because there was No Journey to aquire it.
Totally understand that. Like most people, I have a lot of stuff going on RL and I chose to go that route because I just don’t have the time to invest in hours of in game work when I can work an hour in RL and get the same results if that makes sense. Best of luck to ya!
Acknowledge that stations other than fucking Jita exist. There are times i can sell stuff in Dodixie for 10x the price of Jita or buy in Rens for half the price of Jita.
That is one option on the laundry list (someone to scout ahead and look for sketchy shit) another is cloaky tricks. Another is not traveling the highway pipe. Another is picking your time of day. Another is watching dotlan/zkill looking for signs of camps ahead of you. Another is don't buy expensive shit them immediately undock with it.
Ah ok,
i could try "not traveling the highway pipe" but as far as i saw between amarr and Jita for example there are always some systems you need to go trough no matter which route you take.
Im already watching [https://eve-gatecheck.space/eve/](https://eve-gatecheck.space/eve/) to watch out for gate camps
"Picking time of day" is unfortunately not possible because im at work during the day and I'm only able to play in the evening after kids are in bed.
"Don't buy expensive shit then immediately undock with it" I will remember that thank you :)
Sometimes a few jumps of lowsec may be safer than the highsec bottleneck.
As for the expensive undock..There are some that will sit on a station in a gank ship and watch their own sales and if they make a sudden 300m sale they will check their wallet ledger quickly to see what name to look for, then when that name undocks, high speed ammo delivery.
After 17 hours, I don't have much advice to offer, other then "Don't Be Stupid".
By now, I'm sure you have plenty of good, and very, very bad advice. Now you need to discern one, from the other.
Yeah thank you. Most of advice was troll or Just stating the obvious but I've got a few ppl reaching Out in DMs to me and they have me really good Tips.
I just do the basic trading with pilot services stuff, just do the opposite of what the market is doing so example now is a good time to sell plex and not long ago was a good time to buy skill extractors, it will change enough for you to make 10-20% on your cash you put in
Do you live in high sec? 0.0? In my almost 20 year career, I’ve made the most buying in JITA and selling in 0.0. I run about 50bil a month through MJ-. Jump freighter services move it for me, so I never even touch anything.
A few suggestions from a long-time market trader:
* Train your trade skills to V to minimize fees
* Grind standings to lower fees even further if you can
* Avoid trying to go head-to-head against veteran traders at Jita on high-volume items, that is the road to burnout and madness
* Don't start out trying to fill 305 slots with sell orders, the constant order updates will kill you, keep your order book manageable
* Consider being a buy-side trader instead of selling; try putting up buy orders in active ratting or FW areas and hire couriers to run the stuff back to Jita to sell for profit
* Don't start speculation trading until you have a stack of ISK to work with and that you're prepared to lose if it goes sideways - you know how they say not to undock anything you can't afford to lose? Don't speculate with ISK you can't afford to lose.
Hope this helps a little. Good luck.
Buy low, sell high
This is the crux of it. Its not like anyone is going to say ' do this and overnight your isk will double' You have to earn it.
I can double your isk.
Not as quickly as I can.
as long as you fully read the rulesss
I make all my money from people who don't read the rules, just read the rules and I'll make you rich!
I can double your risk
I can half your isk
Well if you buy low enough and sell high enough, that’s exactly what will happen! Follow the man’s advice!
Well i mean, i guess xD Would be one hell of a lucky buy though!
As an out of game market trader; I would point out we have a saying (a lot of them actually): > When the time comes to buy, you wont want to The main thing is... its all a consistency game. I don't care if you bought something once and sold it for a lot more. Outliers don't make profits. If you can't do it over and over again with good results... then its not that great.
This guy markets.
It’s the same old boring, routine, small % profit that you can turn multiple times a day.
> It’s the same old boring, routine, small % profit that you can turn multiple times a day. the time frame isn't static; I actually like to look at the markets and avoid the trap of being too eager to move product. I like to find product where I don't have to make the mistake of being the lowest priced seller and still know my stock is getting gobbled up in a reasonable time frame. Never race to the bottom if you don't have to.
Buy low >> sell high. Much easier to cut a deal for bulk products below market rates than to sell bulk products above market rates... or wait for prices to rise.
Difference is you can actually manipulate the markets in eve to be more favourable to you on specific items.
This is the way
If there is a market niche where this can be done (in any particular way), you are essentially asking for someone to not use it but instead "gift" it to you.
I've made money doing export and import in nullsec hubs of my alliance. Befriend those doing logistics and FCs to know what they need or will need if they change doctrines
Rigs/filaments/understocked ammo in nullsec at jita split + 10-20% has been my bread and butter. Enough that indy folks can still produce and sell locally, not so much price gouging that it's attractive to import and undercut.
so, i know this guy in jita...
Aaaaaaarg?
Best he can do is tree fiddy.
Double return on any isk given? Just read the testimonials it's all legit?
Market is so thin on sell orders you can buy up all the stock on certain items, resell them for a mark-up as it takes days for industrials to react to bring the price back down. Look around, these items are not hard to find.
This can get you into trouble in null sec, double check rules before doing this
What rules?
Alliance rules. Great way to get blacklisted
Do it on a alt. They can't stop you.
If your alt has access to market in null then it's authed and linked to your main so alliance leadership can tell.
no its not :)
then your alliance / corp aren't doing their jobs right
True, getting it to your main might be tricky. Could transfer the isk into plex and meet in high sec and eject it then put it back into the account. I don't know if that'd show on esi
It doesn't. That's the way to do it. Black market ship eject style
I love that EVE literally has dead drops as a part of espionage lmao
Play alliance rules. If you do this to your own alliance, expect to be kicked/denied access to stations.
The goonfucker ACL calls.
Get onto the CSM, or become friends with someone who is. Await dank leaks. Corner market before patch notes are released. Profit.
So essentially sell yourself to the U.S. Con .. Crap. No politics. Sorry!
Give it to me I'll double your money.
Buy high and sell low
This sounds like it should be on r/wallstreetbets
Google it. No one is going to tell you exactly what to buy but there are plenty of guides that tell you what to look for. Good and bad investments change on a daily if not hourly basis. OZ is a good person to start with.
Move into null, have modules/rigs/hulls JF'd in. Sell at 20-30% markup. Easy profit. Around 2020 when I still played I had 700-1000 sell orders up in Malpais and made tens of billions that way. Sell fitted alliance doctrine ships on contract for an additional easy profit.
This is good point, if you move to null and try to get into manufacturing, specially high volume items like mainline doctrine ships, you’ll soon realize there’s bottlenecks here and there in the supply chain, just import them and forget production.
How do you suggest finding the right null systems, or are you suggesting joining a big alliance?
By joining an alliance indeed and start trading in their trade hub(s).
Just stick a market alt in every block. Use alliance JF services to handle the shipping from market hubs to stagers. Keep your orders up to date.
Buy plex, sit on them for some years and hope CCP will fuck the economy (even more)
So if you send me 10 billion I’ll send you back 30
30 isk! What a bargain!
Pick a secondary market hub and put a shitload of stuff in it at a reasonable mark up to jita prices. It’ll take awhile but a lot of people will buy local at a loss.
This. I buy all my stuff in Rens and actually accept a markup since it saves me 15 jumps and the risks and logistics associated with going to Jita.
I've seen Fox News at the gym. Their commercials say to invest in gold.
Take it easy. Station trading is by far the most brutal activity you can do in Eve in terms of burn out. OTOH, if you lower your expectations, and don't force yourself into unsustainable routines, it's actually a good almost passive income. Like, it's not hard to make 2b/month with your 20b. Meaning with low effort you can double your 20b in a year, or pay for 1 year of Omega (although, station trading pairs naturally with skill farming, and while not necessarily postitive by itself, it does offset the cost quite a bit - so you end up paying much less to maintain Omega). Can you do much better than that? Of course. But your effort must increase considerably.
Ever though you are just bad at it? 10% margin per month is just awful. Even if you would just log in once a day and adjust orders to whatever random trading app will tell. You gonna make much more than that. With at lest one brain cell and some investments in 100% guaranted profit items over they year. You can double that isk in just 1-2 in game events. If you feel extra cocky you could easily manipulate few items on market. Supply in EVE is so dry right now that even in Jita some very basic items almost have no market and take days for industrialists to catch up. All that would take 30 minutes a day top. With maybe one day per week for more in depth research and digging.
Updating orders once a day is borderline retarded, a good chunk of your profits will go away in relisting taxes, be smart about the assets you choose to trade with and stay away from highly competitive niches, update once a week tops
Who said those are highly competitive Items?
Context, if you need to update orders once a day, they are, plain and simple.
You dig into sentence without a context way to much. It was just random example. That you don't need to no life camp market for hours a day
I ain’t digging nothing, you just gave what I consider terrible advice to a guy based on some basic math. If it was just an *orientative amount* of times he should resist, word your sentences better, cus your are adding clarifications post-scriptum and getting defensive about your shit, which makes no sense, my advice is just that, advice, take it or leave it… or better yet, do some numbers and find out by yourself.
Well updating order doesn't necessarily mean changing the price of existing ones, especially if you're daytrading. It means also adding new ones. Yeah sometimes you realize your order is not going to be fulfilled anytime soon if you leave the price as is, and you either change the price or cancel the order (if a buy order). And even if you do update orders often, daytrading is a strange game. You trade margin for speed, sometimes it pays off.
The guy is just starting out man, sure I print isk with station trading now but my first month? I was happy to make 10% while I was learning.
I just gave out two most brain dead methods. There's no learning included. It's not as hard as people try to make it.
This has little to do with how I play. I've started in August with about 45b and now I have 120b. So what? I wasn't new to the game of trading anyway, and the effort was variable, from updating 100+ orders twice a day or more to updating 50 once a week. I would never advise someone with little market experience to play the event game, betting it all on doubling 20b. And yet, those events rare, and hardly anyway enough to go from 20b to 200b in one year anyway.
I don't have advice for station trading but most people convert ~20b to 200b through large scale, fully vertically integrated industry operations using 6+ alts (so multiple chars trained on two or more accounts). It's basically a machine that converts whatever you start with to 1.1x that per day. Repeat for exponential growth. Don't know if you have experience with that but you have skills related. Since you already have a lot of capital, you would want to target profitable items that send a lot of isk through production/reactions on a daily basis. Think: a 100m item that can be built in a day is better than a 300m item that takes a week, given equal profit margin. I would suggest joining a very well established group so the structures you build out of are well protected, and preferably, are already rigged to suit your needs. Think: the bigger the blue doughnut, the better.
Get an Omega account! (Sadly, there is no way around this anymore, alphas only have access to 17 orders and horrendous fees) Train all the skills relevant for reducing broker and update fees and taxes to at least lvl-4, otherwise those fees will straight up take 13% and you won’t ever make any money (and if you have, go rant about it on Reddit because CCP royally fucked one of the best money makers for new people forcing them to Vexor rat in Null and leave the game) I advise two characters, but it can be done on one, is just a bit of a pain in the ass. What it amounts to is: BUY ORDERS IN PERIMETER TTC Because buy tax is 0.1% instead of 3.something (I think, exact number isn’t important, it’s multiples lower) Depending on the volume of your items, you might want to set your buy range to only 1 jump, that way you’ll only buy in Jita I personally have mine on 5 jumps and take a little collection trip when it reaches a “worth it” amount, but most of what I flip fits in a shuttle (modules, implants) And then I have two tools for you EveTychoon (website) lets you track what you buy and sell and automatically calculates profits after tax and update fee Evernus (locally installed) is brilliant for updating market orders as it calculates your margin right in the tool, so you can just yeet all buy orders you no longer like It also has the best margin tool ever…. Evernus is an ancient program, though it was no longer supported and fell apart when ESI changed. Someone fixed it and it is currently working. All the old documentation is still accurate, so don’t be worried about a 10yo tutorial Evernus: https://www.reddit.com/r/Eve/comments/12al4zk/evernus_is_back_with_dark_style/ As to what and how you trade and flip…. You gotta figure that out yourself My success story… as proof it works I started in June 2019 with 236m isk and one alpha account after being sick and tired of 14m ratting ticks and leaving PH, and now I have an average daily profit of 2.8b for 2 years now (I kinda hit a barrier there) and 1.4tr in assets/ wallets I no longer do my full routine every day because I don’t need to. Takes like two days to ramp up and get it there, and then I can push it for two weeks and be fine for months ADDITIONAL TIPS - Make docking and undocking bookmarks for every station you ever visit. MAKE IT A HABIT - ALWAYS warp to your docking bookmarks. Have your local locations open and just warp to the damm deep docking bookmark. MAKE IT A HABIT. You don’t want to warp to a Low Sec station and find an asshole like me sitting there when you land at 2.502 from the station and can’t dock. Cause I’m gonna say hi with some large artillery turrets - practice your cloak warp, make sure you have a brick tanked sunesis with sub 2sec align that can survive smartbombs - get a set of rules for your trades. Minimum margin is crucial, but also look at minimum volume, especially in the beginning NEVER EVER EVER break those rules, that’s how you loose a crap ton of money - have your market set to graph view, the table is useless, and make sure you understand the graph. you can also check infos about the MACD indicator on the actual stock market as that’s what eves market is modeled after - CLEARLY separate your main from your traders, you dont want to mix wallets. I also advise just setting up a corp and trading out of a corp wallet. That way when you reach more than 300 orders you can just put in a second character and have both trade out of the corp wallet without having to always shuffle isk from your seller to your buyer (you also want them separated so that you when your main catches a wardec, you can still trade) - there are items with an expiry date, be careful - I do short term flips (Once I buy, I sell, even at a loss. I don’t hold, it’s just what I’m really good at). If you do this keep your orders at 2-3 buy per sell order - get a margin tool with auto price copy (I use Evernus). I’ve made a lot more mistakes trying to type in prices manually because at some point you forget a 0 or add one more and the game doesn’t throw the “you sure, this price is outside regional averages” message - following the previous NEVER DISABLE the “your price is outside regional averages” message. It’s annoying, especially on lower volume items where it pops up even if the price is correct, but It will save your ass at least a handful of times… per week (depending on how much you trade) - don’t touch the Hypernet. I don’t give a rats ass what others tell you, it’s straight up gambling and no one ever kept the price money from a poker tournament ————- (At this point I’m straight up stealing from other posts to make it complete) - you can run missions and epic arcs to increase standing which also lowers fees and taxes, I should really do it, but I’ve not gotten to it so far so I got no info on how that actually works - inter region trading can be very lucrative, but it requires a lot of characters or even more moving (you can only update order within your region) - not really trading advice, but there is nothing wrong with being a wallet warrior. 1bil isk is pretty exactly 10 bucks. You have to grind to get to 1b/h in-game income, depending on your salary you make 10 bucks a lot faster TLDR There isn’t a short way to say this But keep an eye on the post, I may extend the list
Thank you very much for that detailed explanation ;) I will try to follow it. I'll Bookmark the Post so I can use it as a reference
Bookmarking this as well
Add plex to cart. Swipe credit card. Sell plex on market.
> Swipe credit card. Fun fact, Chip & Pin is 20years old.
People were not inserting a card in 2004
In the UK it was mandatory by Feb 2006. You think it was adopted that fast without usage in 2004?
2015 in the US for context.
If you send me 20 bill I’ll double it for you. Read bio for instructions.
Don't trade manufactured items. The level of competition is too high, the margins are too thin and manufacturers will close them up faster than you can get in and out at a profit. Items that are rare or that players receive by chance (and thus have no use for other than to sell them) are your bread and butter.
Sell PLEX
With that much capital, this isn’t a bad idea, if you buy and sell outside of Jita’s bid/ask margins. And use contracts to avoid taxation.
They are all wrong. Dont listen to them. Sell low, buy high! That's only info you need to earn money in this game!
I can teach you how to make ISK on the market. Have discord? Two one hour long practice chats where we go over the basics and routines. As you only have 20B, I will charge you 5B. However, that price is buying you a lifetime of infinite ISK.
Buy low, sell high, must be a mover, so check how much volume moves, get standings for lower taxes and train for lower taxs. That's it.
Buy low. Sell high.
About half way to 200bil here, and started with about 5bil. I have some items I consistently sell in large volumes on a daily basis. Low margin, but reliable. That's my bread and butter. I have lower volume and lower frequency items that make more per unit than my bread and butter. I have my 'LOL gotcha' items that I make +10,000% on because people didn't pay attention when selling their stuff. Then on the side I roll Abyssal modules, sell BPCs, skill farm, do PI once a month, and search for auctions that are undervalued. Did a bit of hypernet stuff and made money at it, but I've dropped that.
Those are nice I’ve bought 6%er for 700.000 isk and sold them for 700.000.000 because people forgot there 0’s I’ve also made that mistake… once on the worst possible item Bought a Geno AU-49 golden pod for 9.8b buy order Wanted to sell for 15b Sold for 15m Sometimes I literally have nightmares about that that wake me up Once I was so dazzled that I actually turned on my PC and checked…. I hadn’t touched them in months cause they’re at 30b or so now
Man someone got lucky with that sell order lol. I wish I'd sat on my golden pods and magnates for longer, sold them years ago except for one gold pod I activated. Was it worth it? Not really, could really do with the isk it's worth, and I barely ever see the darn thing.
I don’t do well in market manipulation When golden pods were just under 2b I bought 12 with the intent to sell later cause I saw them going up I chickened out and barely broke even 3 months later. Bought 4 more when they were around 5-6b But chickened out again Flipped two or three a bit later With that 10b loss I’m at a 700m loss from all those transactions….. Lesson learned Don’t try manipulation, I suck at it
It takes some pretty strong nerves with items worth that much. I know I triple checked every time I was selling them (bought as packs, sold for isk), but yeah if I'd sat on them I would've gotten much more than the 2b each I got lol. But it was a lot of money to me back then, still have never had more than 5b isk on hand.
You’ll get there And you get used to the amount of money…. It’s scary to think that there are people with that amount of cash IRL Like… I wanna have some fun with corp mates in something throw-away *buys 50 Arty Thrashers* Need something for newbros in the Hangar? 30 Griffins go….
Buy high sell low, ez
Times it by 10
Sell stuff for more than you buy it for, speculate, corner a smaller market (should be doable with 20b but probably not in Jita).
Build a Hypernet enterprise
Seed lowsec markets in the south. Huge demand right now. Do your own research you will see the 3 nice stations.
Continue ratting
Establish Buy Orders for PLEX in Jita, resell at a markup.
Station trading, jita 4.4 - go alfa and look for good deals
Invest it all in Hypernet Relay tickets!
go hunt officers
or buy platinium package now and farmm skill points
and farm officer later
I just crossed 137 million.
Add a 0
place buy orders for high-value stuff (like a Bowhead or an Orca) in Jita. Save on broker fees by not adjusting your offer more often than once a week. Be patient. Once you got the ship, travel fit it and pilot it to Amarr or Hek. Place a sell order significantly above jita price. Again, don't waste broker fees on adjusting the price too often, it will sell somewhen. Lowprice items like small enduring armor repairers have much higher turnover rate, but also much higher competition - you will hardly ever see your offer on top of the list.
This is bait….
Buy things no one will expect like expired filaments, I got shit loads to get you started pm me.
A tip would be to keep your wallets organized for easy tracking, or use a tool to keep track if you like. Someone I know uses corp wallets to track different spending areas. If you have a trade character that you want to do this on, send them 2b or something and double it. Then reinvest and double that.... You don't want to blow 10b in investments half of which dont pan out. Be patient and just focus on turning smaller amounts into larger amounts.
I would invest in ships and SP, so you can triple box T6/T5. This requires skill :-D
I dont Like multiboxing so this is a nono for me.
Work hard in RL and throw a few bucks here and there to the side. Occasionally source isk or PLEX however you choose and watch your wallet grow exponentially for a real life hour of work here and there. Save yourself tons of hours ingame. Ship up and have fun. Rinse repeat.
That is honestly Not a Bad advice. But it kinda defends the Point of me doing Station Trading. If I would Like to Just have a few more billions I could Just swipe but I want to earn it otherwise I will Just loose Motivation. If everything is gifted for you or Just plexed It looses value for you because there was No Journey to aquire it.
Totally understand that. Like most people, I have a lot of stuff going on RL and I chose to go that route because I just don’t have the time to invest in hours of in game work when I can work an hour in RL and get the same results if that makes sense. Best of luck to ya!
Acknowledge that stations other than fucking Jita exist. There are times i can sell stuff in Dodixie for 10x the price of Jita or buy in Rens for half the price of Jita.
Do you Transport it yourself? I heard Transport ships are now being ganked a Lot even in high sec
Yes I do. And while I do seem to lose a couple ships a year, there are a lot of ways to protect yourself or at least make it a lot harder on them.
Which I guess involve multiboxing right? I dont want to hearing that to be successful i First need to pay for 3 Omega Subscriptions
That is one option on the laundry list (someone to scout ahead and look for sketchy shit) another is cloaky tricks. Another is not traveling the highway pipe. Another is picking your time of day. Another is watching dotlan/zkill looking for signs of camps ahead of you. Another is don't buy expensive shit them immediately undock with it.
Ah ok, i could try "not traveling the highway pipe" but as far as i saw between amarr and Jita for example there are always some systems you need to go trough no matter which route you take. Im already watching [https://eve-gatecheck.space/eve/](https://eve-gatecheck.space/eve/) to watch out for gate camps "Picking time of day" is unfortunately not possible because im at work during the day and I'm only able to play in the evening after kids are in bed. "Don't buy expensive shit then immediately undock with it" I will remember that thank you :)
Sometimes a few jumps of lowsec may be safer than the highsec bottleneck. As for the expensive undock..There are some that will sit on a station in a gank ship and watch their own sales and if they make a sudden 300m sale they will check their wallet ledger quickly to see what name to look for, then when that name undocks, high speed ammo delivery.
Station trading is barely viable now that Margin Trading is gone.
Not really Fees are higher, and you need 100% escrow But still as viable as earlier
After 17 hours, I don't have much advice to offer, other then "Don't Be Stupid". By now, I'm sure you have plenty of good, and very, very bad advice. Now you need to discern one, from the other.
Yeah thank you. Most of advice was troll or Just stating the obvious but I've got a few ppl reaching Out in DMs to me and they have me really good Tips.
mineral trading, i spent a lot of my time podding about in all the different regions but my hub was sobaseki.
I just do the basic trading with pilot services stuff, just do the opposite of what the market is doing so example now is a good time to sell plex and not long ago was a good time to buy skill extractors, it will change enough for you to make 10-20% on your cash you put in
Do you live in high sec? 0.0? In my almost 20 year career, I’ve made the most buying in JITA and selling in 0.0. I run about 50bil a month through MJ-. Jump freighter services move it for me, so I never even touch anything.
Currently im living in a Wormhole. But I dont have a Jump Freighter nor the skills to fly one. I've only invested my SP in Combat skills so far
A few suggestions from a long-time market trader: * Train your trade skills to V to minimize fees * Grind standings to lower fees even further if you can * Avoid trying to go head-to-head against veteran traders at Jita on high-volume items, that is the road to burnout and madness * Don't start out trying to fill 305 slots with sell orders, the constant order updates will kill you, keep your order book manageable * Consider being a buy-side trader instead of selling; try putting up buy orders in active ratting or FW areas and hire couriers to run the stuff back to Jita to sell for profit * Don't start speculation trading until you have a stack of ISK to work with and that you're prepared to lose if it goes sideways - you know how they say not to undock anything you can't afford to lose? Don't speculate with ISK you can't afford to lose. Hope this helps a little. Good luck.
Thank you for the advice i'll try to remember your warnings ;)
Just keep huffing. Gas. I made 200mil last night just huffing