Question for TPR

For sooper seekrit League of Legends, <s>UO</s> <s>EVE</s> talk <s>and Diplomacy</s>.
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Cakedaddy
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Post by Cakedaddy »

Back when you played EVE, you did trading. Bought low in system A, sold high in system B. I'm doing that now as it's easy to do while working cause all the traveling can be done AFK. I'm buying/selling ship equipment. What did you trade in? I think I remember you talking about traveling through low sec areas. Was that to cut down on the jumps cause you traveled manually, or was there a market for goods out there you wanted to tap into? Just curious what worked for you back then.

Speaking of the safety of trading in empire. . . check out the link to the video in this thread.
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Post by TPRJones »

I mainly cut through low sec for shorter routes, most of the things I was trading wasn't available for buying or selling in low sec.

As to what to trade, I had a spreadsheet in which I put the highest buy and lowest sell bids for all the items in one particular category (I don't remember what it was called, but I remember it included basic commodities and ... some sort of sodas? Hell it's been too long for me to remember), and updated it every time I flew through a ... not a system, but the bigger areas, whatever they were called. I'd just keep looking at the sheets for the best return on investment depending on how much space I had in my hold and considering just how many jumps it would be to make the delivery.

Another fun way to trade was I put in really low-ball buy orders on some goods just about every system I docked in, as long as no one else had a higher buy order in place. Things like missiles, shuttles, and some ship elements that are commonly used like 1MN and 10MN afterburners and the like. The sort of stuff that there will always be somebody buying from time to time, and always be someone wanted to unload their hanger at whatever price you offered. Next time I came through that system I'd stick whatever I'd collected back on the market to sell for dirt cheap (but still enough to make a profit on the turn around).

I consider this sort of stuff fun. Sick, isn't it?




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Post by GORDON »

I did a lot of cut-throat trading in Star Wars Galaxies.

I had my own big ore collectors, but I'd also occassionally buy ALL of a particular commodity in a system/region, and resell it for higher. I'd spend 2 million at a pop, but make 3 million overall. If I'd had more time to devote to the game I could have probably controlled the entire server's worth of commodities. Wasn't exactly rocket science. But I could never gain control of the resource collection, so it would have been endless work and no ultimate end-goal........ unless I could start selling resources on ebay for real money, and buy more accounts, and hire a group of people in China to take control of ALL resource collections on every planet.......
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Cakedaddy
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Post by Cakedaddy »

How much would you make in a load?

I'm buying all ship equipment. All named stuff. I hit the popular mission systems for cheap parts. I then ship them to war areas and sell for a huge profit. I'm not buying anything that won't net me 1m per item sold. I buy 50 inertial stabs for about 850k and sell them for 2m+ in various systems at the edge of contested 0.0 areas. Others are catching on, and my competition is growing. There were some items I was making up to 3m per unit sold. Right now, I have stock of some items I'm having to dump at lower than 1m profit. I just pick different named stuff to track and keep changing stuff I'm buying. I also check the kill boards to see what people are fitting so I know what will be in demand. I'm finding there is little to no profit margin in Tech II stuff because the BPO owners have pretty much stabalized that market. It's the mission runners that are my helpers. . .
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Post by TPRJones »

Cakedaddy wrote:How much would you make in a load?

It sounds like you're way beyond me with what you are doing. I was trading in cheap stuff, relying on bulk transactions to get a profit margin of 10% to 20%. I remember setting a minimum profit of 500,000ISK for a run for myself, and typically getting between 750,000 to 1 million on most trips.

For the whole trip, not one item. Like I said, you're already way beyond where I was. :)




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Cakedaddy
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Post by Cakedaddy »

I was looking into that too, with minerals. Only need a 2isk difference if you can carry millions of units. But, I couldn't find the minerals in big enough quantities to do anything with them. Looked through the livestock, computer parts, garbage type stuff too, but again, couldn't find the volume I'd need for it to be worth while.
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Post by TPRJones »

Yeah, that's the section I was working with there in your last sentence. I found that some constellations in empire space were pretty good sources for certain goods and other areas had a demand for them. The sources were pretty consistant, but the demand shifted all around the map over time. I could pretty regularly find more than enough to fill up a Badger, no problem.

But only in empire space. In low sec there was next to nothing of those commodities.

I think my best single trade was worth a little over 3 million in profit, but it took something over 100 jumps to deliver it, clear across the map. I only did that once. Better in the long run to make three smaller runs for a million each.
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