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Joshua Calvert
Caldari
Rule One
Posted - 2003.07.09 22:37:00 - [1]
 

...Is it only profitable during the period after downtime?

What is best to buy or should you just check the advanced market and see which gives the greatest profit?

Lola
Gallente
Posted - 2003.07.09 22:54:00 - [2]
 

Well... it certainly is MOST profitable after downtime. You can still find good runs later in the day though. Usually not for the best supply and demand prices though. Like robotics after downtime is 61XX supply and 7XXX demand but people already have HUGE buy orders in for it and it's traded with-in minutes of reboot. Then the supply demand prices are way closer together and the distance is way further. Since I'm in the US I'd have to stay up every morning to 5am or get up then. I've done it once or twice but my friends and family were disowning me.

--- edited

Edited by: Lola on 10/07/2003 01:13:48

agrizla
Posted - 2003.07.09 22:56:00 - [3]
 

It's profitable right now - I'm doing it. It is however mind numbingly boring. In my brief experience of trade it's rather easy to do - set yourself up on the border of two/three empires, visit each, look at the market and then "print" money :)

I have to emphasise just how boring it is though ;)

Fionn MacCool
Gallente
Trinity LLC
Posted - 2003.07.10 00:24:00 - [4]
 

While one can make more ISK faster in the time immediately after reset, it is possible to do well for several hours afterwards. What changes over that period, as traders busily move goods around the universe, is the volume of goods available, the volume of demand and the number of jumps necessary to make a trade.

The best trade runs are not necessarily carrying high profit margin goods. One of my favorites is Antibiotics. For 3-4 hours after reset, I can fill up my indy at one station, go to another 5 jumps, give or take 3, away and sell it all for only 10% profit...but that's a total of more than 1 million ISK profit for 20 minutes work. As the day wears on, both supply and demand dwindle but it's still possible to make a profit well into afternoon and evening ( my time: US Eastern).
This scenario requires an indy, 10 million ISK capital and an intimate understanding of how to use the Advanced Market features.

Beware of trades that look too good to be true: XYZ station wants 300,000 Oxygen for 107 ISK each. ABC station, only 5 jumps away has 300,000 Oxygen for 95 ISK each: almost 13% profit. The problem? Oxygen takes up so much cargo volume that you'll need 30 hours of jumping back and forth to transport them :/

What? You don't have 10 mill ISK for trading capital? You don't even have an indy? No problem. You can still make 300K-500K ISK per hour trading with your frigate :) A frigate can carry 5,000-10,000 Noxcium. Run around and buy up a cargohold full at 200 ISK or so and sell it at 256 ISK. Nearly 30% profit. The catch is that you'll be making a LOT of jumps. But you'll have enough to buy your indy and save up some trading capital in no time :)

TIP: Every time you find yourself passing through a different region, take a moment to stop and check the market.

I hope this goes some way toward answering the original question.


"God created whiskey so Irishmen wouldn't take over the world"

Teris Kender
Caldari
Caldari Provisions
Posted - 2003.07.10 01:06:00 - [5]
 

Fionn, good post.

The key really is capital. The more money you have the more you'll make.

Also, as Fionn said, you can make good runs at almost any time. Just do some research.

Often I'll check the market before I travel for a mission or to pick up something. Usually you can find something to trade near by your destination.

Demangel
Gallente
Posted - 2003.07.10 02:12:00 - [6]
 

Also CCP says as time goes on they will sooner or later make it so the market reseeds itself durring the day and downtimes will no longer be daily occurances.

IF/When that happens, traders won't be able to hang around like vultures for Downtime to end to make thier fortune, they will actually have to hunt down the good deals which is much more interesting if you ask me.

Morleidr
Posted - 2003.07.10 04:26:00 - [7]
 

buy orders.... that's brilliant. Wonder why I never thought of that when I was trading. You get instant notification of price drops that way.

Actually, maybe I always thought buy orders could only be filled by players, not by NPC's.

CCP Pann

Posted - 2003.07.10 04:42:00 - [8]
 

There is an interesting thread on this topic over on IGN's Eve Vault, too, that traders might want to take a look at: http://vnboards.ign.com/message.asp?topic=52851706&replies=29


 

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