Monday, October 31, 2016

Trader update, 31th of october.


Quite an impressive week I must say. On my last update, I was saying that I reached the 1B ISK in my wallet. Since then, I'm hardly able to use all those ISKs without selling an equal amount a couple of hours later. Here's the big picture:
Sell order: 1.697 B isk
Buy Order: 1.040 B isk (Escrow, I didn't trained the skill that lower the amount taken in escrow. I think it's a better way to control my expenses)
Wallet: 1.149 B isk
In transit or un-sold: approx 1.3 B isk.
paid taxes: -236 410 476,69 ISK  (broker fee + sales taxes)

So, overall, considering a 20% loss with the Sell orders, I'm at 4.8 billions ISK !
For the record, I start playing as a trader with a 25m ISK budget on the last week of august 2016, which mean a 19388.44 % increase in 2 months. That's pretty insane.
Now, I have to go deeper, and find new niches items, and that's the most time consuming task I think.

What about PLEXing my account ? well, considering current PLEX price, at more a 1.2B ISK, it's not worth it I think. I will wait for a couple of months to see if the price go down around 1B / PLEX.

On my industrial characters, I've been busy researching a tons of BPOs (46 currently in research), to be prepared when alpha clones will get there. They will use a trendemous amount of munitions, ships and modules.
I intend to keep adding new cheap BPOs to my library for the next month, and building some stocks in the last week before the release.

In the meantime, fly safe.

Friday, October 21, 2016

A milestone has been reached: 1B isk.

Oh well, it's done. This morning, my wallet (idle ISK) reached 1 B ISK. I did start my experience around the 27th of August, less than 2 months later, I have a wallet of 1B ISK, 1.2B in Sell Order, 700m is Buy Order and around 40m of unsold items.
I sincerely doubt that I would have such a continued growth for the next couple of months, but I could say that I'm deeply impressed by that result.

Wednesday, October 5, 2016

Early october update



Things were really smooth for me since my last post, I tried to get into new markets to diversify my products. I got some successes, but I can't say that I'll keep most of these markets later on.
In the past two weeks, I send her (my trader character is a woman) some helps in the forms of two "combat" characters. Both are indy characters with some weapon skills and ships. I sent them to her to help raise my trader's corp standing with the corp owning the station.
After going to the painfully slow process of level 1 distribution missions, I decide to switch level 2 security missions, and train her some social skills to speed up the process slightly.
She's now at a standing of 7, and I'm farming level 4 missions as fast as possible with a T1 battleship and a T1 Battlecruiser. The BC take care of small stuff (Frigates, destroyers, cruisers) while the BS deal with the battlecruisers and battleships. I don't even bother to loot nor salvage wrecks.
As I don't share the mission rewards with my other toons, I collected a couple of dozens of million ISK that way on the trader, while the "fighters" keep the bounties (around 90m ISK in the course of two days)
I intend to raise that corporation standing up to 8 or 8.5, then I'll see if it's worth it to raise it further, for trade purpose.

For now, I don't complete those storyline missions, since it'll lower my status with the other half of the empire, and I'm not ready for that. I want to be able to move freely in empire.

As of today, here's the report:

Market Orders1 247 417 046,12
Gain531 412 115,34
Wallet292 532 325,44

Some of those ISK in the wallet are due to missioning sadly, I didn't do the math, but I suppose that at least 30 to 40 millions ISK are due to mission rewards.

Now, let's see if I could get some new profits by the end of the month.