Skip to main content

EVE Update: Trading is hard work. I need a break.

Seduced by tales from experienced players of easy billions to be made on the markets I thought I could use my alts to do some low involvement trading, logging on once a day or so to check on the status of buy and sell orders. Instead I found that I could neither sell or buy anything unless I was actively trading. By actively trading I mean watching my orders and adjusting prices up or down by 0.01 ISK in order to be at the top of the relevant pile. Although this doesn't sound like a time consuming process I found that it ate up all of my EVE playtime for the last few days.

I guess a player with multiple accounts could do this in the background on a second account but I found the hassle of logging in and out of alts to be tedious so I left my combat oriented main safely docked in station while I indulged my capitalist urges.

After a week of intensive trading I came to a fairly sudden realisation that I want to do something else again. I woke Marb Pelico from the attic where he has been studying skill books for the last week and did level 3 "Blockade" in my Hurricane. It was nice to be in combat again rather than spending my time looking at the market screen. I think I will go back to missions for a while and take a break from trading.

I did make a determined effort to sell my inventory and close out any open orders before switching back to Marb. My final accounts for a weeks trading (with an 800k skill point alt) look like this:

Inital Capital Invested: 20 Million Isk
Closing Inventory: approx 1.5 Million ISK
Closing Cash Balance: 62 Million Isk.

There you have it - I tripled my investment within a week. Although 42 million is not a fortune in EVE terms I am pleased enough with how it went. Those earnings could be scaled up with a higher level of capital. In fact I am pretty confident I could earn more from trading than from missioning if I chose to do it full time. I don't think I want to do trading and missioning at the same time though. Each on its own is enough for me. Trying to do both would require more commitment than I am prepared to put in to EVE at the moment.

Comments

Popular posts from this blog

My First Gaming Mouse: Logitech G300

I bought a gaming mouse yesterday a Logitech G300, here my initial thoughts. What is a gaming mouse?  There are a wide variety of devices available classified as gaming mice but a few features  seem common: 1. Wired rather than wireless: Although some high end models are wireless wired connections are just better and faster than wireless so most gaming mice stick with wired. As a bonus wired mice don't need batteries so the mouse is lighter.  2. High response rate: 1 to 2ms response rate so the mouse immediately responds to input.  2. High DPI. Gaming mice invariable boast high DPI numbers from 2,000 DPI upwards. This makes the device very responsive to the smallest movements.   3. Adjustable DPI . High DPI improves responsiveness but reduces precision so gaming mice generally allow you to adjust the DPI down for precise work such as pulling off headshots in sniper mode. Generally the mouse allows dpi to be changed on the fly by pressing a button.  4. Extr

Portal 2 two screen coop on one PC.

I mentioned before that I intended to try Portal 2 in "unofficial split screen co-op mode. Well split screen on a small computer monitor is a recipe for a headache especially when the game defies gravity as much as portal. However a minor bit of extra fiddling allowed us to drive two seperate screens from one PC. The Steam forums describes a complicated method of doing this that I couldn't get working so this simpler method which worked for me might be of use to someone. 1. First I followed the instructions in this post to get split screen multi-player working: http://forums.steampowered.com/forums/showthread.php?t=1847904 A minor issue not mentioned is that you need to enable the console from the keyboard/mouse options menu I am using keyboard and one wired Xbox360 controller as suggested. Getting the controller to switch to channel 2 was tricky at first but as Chameleon8 mentions plugging it out and in again during loading works. The trick for me was to do the plug / p

Android Tip 3: Sharing a Folder between multiple users of an Android device

Android has allowed multiple user logins for quite a while now. This is can be very useful for tablets which are shared by family members. Normally Android erects strict Chinese walls between users preventing them from using each others apps and viewing each others files. This is a useful security feature and ensures your kids don't mess up your work spreadsheets when screwing around on the tablet and should also prevent them from buying €1,000 worth of Clash of Candy coins on your account. Sometimes however you really do want to share stuff with other users and this can prove surprisingly difficult. For example on a recent holiday I realised that I wanted to share a folder full of travel documents with my wife. Here are some ways to achieve this. 1. If you have guaranteed internet access  then you can create a shared folder on either Dropbox or Google drive. Either of these has the great advantage of being able to access the files on any device and the great disadvantage of bein