My current situation:
I currently have 689.7Bn ISK. This is an increase of just 13.9Bn on last month. I did have to take a write down of about 9Bn from re-listing 30 skill injectors so I would have made 24Bn, but it's still a poor month and reflects that I haven't played much. I'd love to see what the new invasion is about and expand my sobaseki trader and do some manufacturing, so I'll try and play a bit more this month.
I have 4 accounts, with 11 characters dedicated to trading:
Sobaseki Seller
Not much to report here, has continued training trade skills, but I haven't expanded the items sold. Currently has 6Bn in sell orders.
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 am putting excess ISK into this venture, and watch delonewolf's EVE Talk to get ideas for things to invest in. Currently holding about 174Bn in orders and investments.
Amarr Seller
My main money maker, with ~145 Billion in active sell orders at the time of writing. 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 128 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 156 Billion ISK in active sells. He also hauls my goods from Jita to the other trade hubs in a Crane.
Hek Seller
Like the other high sec seller characters, he sits in a trade hub in Hek and sells items brought to him by the Rens seller. Currently on 69Bn in sell orders. Needs to pay for his own PLEX every month, which isn't too difficult.
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 17.2 Billion.
Jita station trader
My more serious station trader. I have a character in Perimeter in a player owned Keepstar, with 0.5% broker fee that sits in one station, buys from buy orders and sells through sell orders with a reach of 1 jump.
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 62 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. He also farms SP and sells injectors on the market.
Horde Station Trader
Station trading in the Horde Keepstar in R10-GN. I set him up with 1Bn and he's currently at 10.6Bn.
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 7.9Bn. Can fly a Crane, which speeds up my collections immeasurably. I frequently find I struggle for motivation to fly around a region collecting a million here, 3 mil there, so I am thinking of changing this to being a selling character. Being just 2 jumps from Amarr he could even do his own hauling, buying from there and selling in Tash-Murkon Prime. Will partly depend on how the Sobaseki seller ramps up.
Manufacturing Character
Nothing has happened on this character recently. I want to ramp up my build queue a bit this month though.
It seems that you have been quite inactive in game lately. Whislt I personally wouldnt mind 13.9b dropping into my wallets over the course of a month i konw you have many billions in orders.
ReplyDeleteSo would it be safe to say that you method is pretty hands on and you need to log in regularly to see the kind of income that you was originally looking for?
It's definitely hands on if you want to really push up your numbers, but that could be said for any form of trading.
DeleteSelling expensive, low volume items in trade hubs that aren't Jita is one of the least hands-on ways of doing it I think though, it's why I do it. I can log in once or twice a week and earn a good amount of money.
Buying and selling on region wide orders in a region without a trade hub (like Tash-Murkon) is more hands off in my opinion, but the running around to pick up items is very tedious and I want to move away from it.
Station trading obviously scales the most with how much time you spend logged in doing it, which is one of the reasons I'm so bad at it.
Without cock-ups and mark downs this month I'd still be looking at a decent income, and that's with logging in twice. So I'd say my way of doing things is good for a hands off trader though if you can log in and update orders more you get better results.
It was something I was trying to emulate too, buying mainly in Jita to ship out to other trade hubs, including manufacturing items too.
DeleteSince the new fees with selling I stopped doing that, I was making some money but not masses, i think my best month was 3b or something like that, although you have many more orders than me.