This month I have scaled back the amount of time I spend trading, basically doing 1 update/shipment on Mondays and Fridays to catch and then react to weekends where most of my revenue comes. I've done this mainly so I can concentrate on my Industry. However, some investment price moves make this month a record breaker, my current position:
My current net worth is 1.059Tn ISK, an increase of 76.2Bn ISK. That works out at 2.54Bn ISK/day.
That is record breaking! My previous highest month was 56.7Bn, so this is well above that. Also the first time I've managed over 2Bn a day! So how have I managed that whilst keeping my time played low?
First, I've focussed entirely on buying in Jita and selling in Rens, Hek, Dodixie and Amarr, and a little station trading in MJ-. The other characters I have not touched. They add very little to my business at the moment so I don't see it as being worth my time right now. In fact I intend to funnel some of their assets to the main group.
Second, my investments have been good this month. I was able to cash out of capacitor control circuits and power circuits for good margins, and HyperCores have finally shot up a bit. To the point that I've started cashing some of them out that were bought at a very low price. I have no intention of being caught short by a CCP sale a second time! I have put some of that money into other investments, namely Skill Extractors and Large Skill Injectors but I am intending to expand my main group this month as well.
Compared to the last couple of updates I haven't had any significant PLEX outlay either, though I am expecting more down the road so TBC in December.
So looking at last months plans:
Targets for this month:
- Move Tash-Murkon's stock and liquidate it
- Make 50Bn operating profit (discounting any extra PLEXing I do to support industry)
- Continue to expand the amount of money invested with my main group of traders
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