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 it better to move to another spot.  I am wondering if others have noticed this in the day trading scene?  It makes sense that people follow the money, and I am starting to think a huge part of this is anticipating the changes and staying ahead of that curve.  I don’t have the isk to do full blown manipulation, but I wonder how many people are out there that can and do crash margins for a few days to get rid of people like me. Another thought:  Weekends suck for market trading.  All the weekend warriors come out, run missions, Continue Reading →

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 you in the arse. Once you get the hang of buying high and selling low, most of the work becomes updating orders and browsing the market for trends and deals.  There is not much technique, just a lot of reading the charts and graphs. Also, my goal is revised.  I want to clear 1 billion isk and have enough to keep rolling by cashing in for two PLEXes.  As Hulkageddon is going strong, I am not bringing as much income in on my miner account.

Results: Not much happening today, finals week is upon me.  I may update with more info, but for now I will just leave the results.

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 that I currently run three accounts, roughly defined as Combat, Industrialist, and Trader/Corp/Blarg.  This means I have 9 slots, and three can be up and running at any given time.  The obvious next step to enhance profits is to have eyes, and orders, stationed in or near every trade hub so I can capitalize on arbitrage. For those who are unfamiliar, trading has a few flavors.  Station trading is what I have been mainly involved in up till now.  This consists of setting high buy orders and selling to low sell orders in the same station.  But this approach is Continue Reading →

Results: I got bored again today.  Instead of station trading much I went out and collected a bunch of items on 5-jump buy orders.  First, I am never doing that again.  Not my play style.  Second, I got to see a lot of stations I had never noticed before.  That was fun, but not something to repeat in this context. I also closed out a lot of orders, hence the lack of buy orders when I ran these numbers.  Trying to decide if I want to stay where I am or engage in more options afield.  Remote buy orders are something I need to look into in order to get more large margin modules to take to the trade hub. Finally, I think I am getting close to PLEX time to keep the account going.  I have a few more days, and I’d like to get up around 700m before trading in a large portion.  Having a big pool of isk allows for more freedom to manipulate orders into my favor, and I don;t want to drop back down to 50m in total cash at this point.

Results: It’s another double day.  Weekends are a pain in the butt to keep updated, so I didn’t really bother to try this weekend. I also bent the rules (or broke them).  I’ve started reprocessing some items that are essentially printing isk.  I moved a large order of modules to another hub to not lose out on some 20m in profit.  I have also deployed long term buy orders across many stations that I will pick up once a month or so.  None of these things required any extra skills training though.  I am in the process of getting a throwaway Badger going, as I will need some hauling capacity later.  Finally, I am also reselling skills, because apparently people are too lazy to fly one jump.  I’ll take their money gladly. The biggest change in the last few days is I have gotten out of the Tech II market almost completely.  It’s rather hard to compete with players throwing around billions in orders, whereas the the lower volume in some of the meta mods is a bit more manageable and bulk buying power is a bit less annoying. I’ve also spent a bit more time trolling orders looking for Continue Reading →

Results: I didn’t make much today (yesterday), and that’s because I was weary of market trading.  I did expand my operations a bit though.  I’ll talk on that a bit more tomorrow (or later today). I hope you enjoyed the temporally displaced post.

Results: Started out slow, picked up, and then someone decided to crash a few items.  I still profited, but I lost out on 30m of potential profits.  It would have been fun to clear 400m today, but oh well.  I also missed out on the US TZ evenings, which is always a nice time to make some quick flips as people come home to unload and stock up. Now for some more info on my character. Trade Skills: Accounting 3 Broker Relations 4 Marketing 2 Retail 4 Trade 4 And now, Charts!  I have been tracking all of this using the wonderful program Excel.  I love Excel.  It does maths and makes charts.  My main book tracks the stats I give in results everyday, and lets me “keep score” against myself.  Two graphics I use are shown below, and to reiterate, I track: Ending Isk (Sell Orders + Buy Orders + Cash) Sell Orders Buy Orders Cash Liquid Isk (Cash + Buy Orders) PLEXline (PLEX Sell Order / 30 Days * Current Day) PLEX Goal (Plex Order) Margin Overall Results Daily Margin The PLEXline is the lowest value of a PLEX that I can buy in the region I am Continue Reading →

Results: Late update, but I had a large presentation today and Wednesdays are always slow for me given my schedule. Anyhow, the only big news is that I royally borked an order by typing the wrong digit into a sell order and losing about 10m in potential profit as I sold to barely over my buy orders.  If you missed it, I culled some knowledge into the post immediately preceding this one in order to try and actually teach people a few things that I have learned in the last two weeks. Tomorrow I plan on putting up some pretty charts that show some fun stats about my adventures.  Lines!  Colors! Invented terms! Also, anyone notice that PLEX prices seem to be creeping down?  That’s good news for me.  I am trying to go all PLEX in Eve Online, so I will embrace the falling price trend.