30 Day Market Challenge Wrap Up

This is meant to be a moderate guide for anyone looking to try and make some money station trading in Eve.  I will not go into arbitrage, which is buying in one region and hauling to another, nor is this about industry.  The main focus is making money in stations.  Station trading is the act of placing buy orders above the competition, then selling the goods from those buy orders as sell orders.  The profit is the margin between your (high) buy price and your subsequent (low) sell price. Time Required I am a graduate student.  This means I have Continue Reading →

Day 30: 30 Day Market Challenge

Final Results: THE END! And a record setting day!  And this gem happened today: Lesson:  Pay attention to your buy orders when you type them in.  This guy put an extra “1” in the hundreds digit, and I made about 70 mil off his mistake.  Woo! Recap  30 days ago I gave a fresh alt 5 million isk and just the basic trade skills.  Then I almost exclusively traded in stations, setting buy orders and flipping those to sell orders.  I started in Jita, moved to Amarr and then to Dodixie, and ended up back in Jita.  5 mil was Continue Reading →

Day 29: 30 Day Market Challenge

Results: I had my last final today, so not much happened.  Tomorrow is wide open though, so I am hoping for a strong finish!  Aside from my busy day, not much to report.  Mostly trading in weapons and various mid slot modules lately.  I did nothing special, just flipped a lot of orders while on campus.  The final write up / guide is also underway.  Expect that in the next few days.

Day 28: 30 Day Market Challenge

Results: PLEX was purchased and redeemed today, so I am adding this cost in to the total to keep the numbers making sense.  A 485 mil loss would seem a bit substantial, no?  Aside from that, new record day with 172 mil in profits!  My return to Jita appears to have been a good idea.  This goes back to the point of turnover. Margins in Jita are not as good as many other trade hubs but the goods move!  I only had about half of my usual order slots going as I ramped up in Jita again, and I still Continue Reading →

Day 27: 30 Day Market Challenge

Results: So I moved again, woo.  Back to Jita.  I was in Dodixie for long enough to realize that it is hot mess at the moment.  Although you cannot prove bots exist, I’ll be damned if they haven’t infested that joint.  I sat for about fifteen minutes updating orders, and a slew of odd updates would come every single time after I updated.  Some would be for the exact same price, .01 isk above or below me depending.  If I have to deal with that, at least I can do it where more people are buying and selling stuff.  So, Continue Reading →

Day 26: 30 Day Market Challenge

Results: Nothing like a good day to wipe clean the previous three.  86 mil to go to hit the revised goal.  Not a whole lot to say, except meta modules are still where it’s at.  In an case of synchronicity, Ripard Teg was talking about my experience in the previous market challenge post here.  I thought it was a nice explanation that I failed to realize.

Day 23 to 25: 30 Day Market Challenge

Results: Bit of a slow weekend for a few reasons.  First, I was not that motivated.  Second I was amazingly busy with wedding planning and an arm injury.  Third, Amarr got the best of me and I decided to move on to another hub.  This lead to selling off stock at lower than expected prices in order to not be hauling anything besides skillbooks when I left. Interestingly, it seems that a few weeks after I get into an hub, other traders come join the party and margins go way down, .01 isk wars go way up, and I find Continue Reading →

Day 22: 30 Day Market Challenge

Results: Rollin’ along.  Trading on the margins.  I need to move some inventory at this point, my balance is getting a bit heavy in non-liquid assets.  I have a breather from non-Eve obligations tomorrow, so I’ll be working on that a bit.  Development of additional alts will also likely be on the docket, or at least seeding them.  My posts this week have been a  bit shorter due to: Finals.  I’m in school and those take a fair bit of work. P90X workouts.  Roc would be so proud.  I’m working on my meat-space capsule and damn if those don’t kick Continue Reading →

Day 20: 30 Day Market Challenge

Results: Banner day!  New record for margin, at 108m.  That was nice.  One cool thing about have more liquid isk is the ability to go in a buy up orders that are trying to push down the overall margin.  You sacrifice some margin on a few items to keep your margin on the bulk of your goods.  This gets you more isk.  Win. Based on my success so far, and my lack of desire to spend any more time updating the same orders, I have begun training additional trade alts.  The more observant readers of my blog may have noted Continue Reading →