Thursday, 2 May 2019

May Update

Not a spectacular month, but not a bad one either. I feel like I'm into a flow now with my different trading methods working well. My current position:


As things stand, I have 370.1Bn ISK. This is 21.5Bn more than last month, or 716 Million ISK per day. A step down from last month, and slightly less than the monthly average I need to meet if I want to double my ISK by 02/01/20, which is 22.5Bn a month. A few good months mean I'm still ahead on that target, so I still think getting 540Bn by the start of next year is very doable.

I have 3 accounts, with 8 characters dedicated to trading:

Jita Buyer

This is a character that sits in Jita and contracts items to my other characters. This character has little training, and mostly buys from sell orders and contracts the items to my other characters. I tend to have this character logged in to act as a real time price comparison whilst checking my other characters orders. This character also manages my long term investments, though that doesn't take much work. I'm not doing a good job of accounting when it comes to these profits, but it's definitely earned me a few billion for very little work. I am putting excess ISK into this venture, and watch delonewolf's EVE Talk to get ideas for things to invest in. Currently holding about 78Bn in orders and investments.

Amarr Seller

My main money maker, with ~124 Billion in active sell orders at the time of writing.  I'm training Tycoon V on this character to increase orders to maximum. Takes implants and faction/deadspace modules delivered by my Rens character and sells them in Amarr.

Dodixie Seller

Very similar to the Amarr seller, he sits in Dodixie, takes receipt of items, then set up sell orders. Currently has 76.9 Billion in sell orders. No news with this character.

Rens seller/Hauler

Like the other characters, this character takes items bought in Jita and sells them in Rens. Currently has 76.6 Billion ISK in active sells. He also hauls my goods from Jita to the other trade hubs in a Crane.

Amarr station trader

Sits in a player owned Fortizar in Ashab, buys from buy orders and sells through sell orders with a range of 1 Jump to cover Amarr. This character trades completely different items to the rest of my characters. I gave this character 1 Billion to start with, and he's currently on 8.8 Billion.

Jita station trader

My more serious station trader. I have a character in Perimeter in a player owned Keepstar, with 0.3% broker fee that sits in one station, buys from buy orders and sells through sell orders with a reach of 1 jump. Test has recently declared a profit sharing agreement with Horde in Perimeter, which has lead to the KeepStar taxes returning to 0.3%. This is annoying, but I'll have to deal with it.

Most of my items are bought and sold in the Jita 4-4 station. This character trades completely different items to the rest of my characters. I gave this character 10 Billion to start with, and he's currently on 44.8 Billion. I spent the time to get faction and corp standing up with this character, and this is my attempt to take station trading seriously. I have recently started buying some Large skill injectors on this character, then flying over to Amarr to sell them, for a profit margin of about 40mil each. This is MUCH bigger than the spread in Jita/Perimeter, though it involves more travel time.

Horde Seller

In a very similar way to the other selling characters, he takes items bought by the Jita Buyer, then contracts the items to "Valhalla Deliveries" (a delivery service for Pandemic Horde) to transport the items to the Horde Keepstar in BWF-FF. He then sells them there for a profit. He trades primarily T2 modules, drones and scan probes. I set him up with 1Bn and he's currently at 2.9 Bn in sell orders.

Tash-Murkon Region trader

A different strategy altogether. This character sits in a player owned Fortizar in Tash-Murkon prime, and set up regional buy orders for modules, implants and drones. When a lot of orders have been filled I fly around and collect it all to sell in Tash-Murkon Prime. I set this character up with 100mil to buy his own skills and get started, after skills he had 70mil to buy items. Currently at 2.6Bn. Can fly a Crane, which speeds up my collections immeasurably. I'm really happy with the turnover and profit margins this character is making. The running around the region to pick up items is annoying, but I can leave my orders up for a week and a lot of them won't be contested, which is really nice.

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