Friday 1 February 2013

Progress Report - February 2013

Report on the status and progress of all my characters as of 01 Feb 2013. Mostly Trade oriented since making ISK is my main focus and trading is how I make ISK.

I buy and sell skill-books (roughly half my items are skill-books), faction/deadspace mods and implants (mostly 5% skill implants). I cover all 5 main trade hubs (Jita, Amarr, Dodixie,  Hek and Rens) plus a few regions that don't have a major trade hub. I play fairly casually and update orders infrequently. Some characters get updated more often than others and I update sell orders more consistently than buy orders.

Last month I really slowed down on my order posting/updating frequency. I've only been spending an hour or so updating orders on 1 or 2 characters every couple days and usually don't even update all the orders on the characters I do log onto. I still made over 13 billion in January after expenses... Not bad for 5-6 hours a week.

Current net worth is 93 billion with around 3/4 of it in cash and market escrow. Most of the rest is in sell orders and recently acquired stock I haven't gotten around to posting for sale yet. Very little is in assets I don't intend to sell soon, a few ships and some mods I stock for my own use, maybe 2 billion in total.

That's my actual current total net worth, I don't pad the numbers by counting ISK I've earned but have since spent and no longer have. That'd be like calling myself a real life millionaire because I've earned over a million dollars during my life when the reality is I've never had anywhere near a million in total.

Account 1

My first account. This is the account my main started on. I've since transferred the main to his own account so he never has to share the training queue again and these two can train harder.

Couster Regional Trader, 125 buy orders, Wholesale IV, Accounting IV, Broker Relations IV, Margin Trading V. Buys a bunch of different things, transports to Dodixie and contracts to the main trader there for resale. Currently training Wholesale V.

Ninja Trader. 125 buy orders, Wholesale IV, Accounting IV, Broker Relations IV, Margin Trading V and all remote order skills at IV. Currently inactive, sitting in Jita and not doing any trading.

I sent my main to the ninja trader's planned area of operation to check out business there ahead of time and discovered it's terrible. Exactly ZERO items purchased and ZERO ISK made after more than a week! Go figure, I thought lowball buy orders would do well on EC-P8R since lowball orders in Lonetrek region get filled in systems *behind easypator all the time. Considering how bad business has been in Pure Blind I'm re-evaluating what to do with the ninja trader long term.

Account 2

Amarr Station Trader. 305 orders (maxed), Tycoon V, Accounting V, Broker Relations V, Margin Trading V and all remote order skills at IV. Does nothing but station trade. Finished training trade skills for now.

Dodixie Station Trader 269 orders, Tycoon IV, Accounting V, Broker Relations V, Margin Trading V, does nothing but station trade.  Currently training Tycoon V.

Rens Station Trader 273 orders, Tycoon IV, Accounting V, Broker Relations V, Margin Trading V, does nothing but station trade. Finished training trade skills for now.

Account 3

Lonetrek Regional Trader. 273 orders, Tycoon IV, Accounting IV, Broker Relations V, Margin Trading V and all remote order skills at IV. Mainly a buyer, does sell a few things but mostly just buys, flies to Jita and contracts goods to my two traders there for resale. Currently training Accounting V.

Hek Station Trader 269 orders, Tycoon IV, Accounting V, Broker Relations V, Margin Trading V, does nothing but station trade. Finished training trade skills for now.

Jita Station Trader 269 orders, Tycoon IV, Accounting V, Broker Relations V, Margin Trading V, does nothing but station trade implants and mods. Finished training trade skills for now.

Account 4

Jita Station Trader, 269 orders, Tycoon IV, Accounting V, Broker Relations V, Margin Trading V and all remote order skills at IV. Does nothing but station trade skillbooks. This was the last trader I made but the first one finished training trade skills. Finished training trade skills for now.

Exploration / Scout / Scanning pilot, newest character, flies Covert Ops (Buzzards) and is training Int/Mem support/scanning/exploration skills. Already has Covert Ops IV and all Astrometric skills at IV. I don't plan on doing any serious trading on this character. He has 21 order slots, more than enough to buy things he needs and that's about it. Currently training a whole lot of int/mem skills to IV or V.

Account 5

My Main, all by himself on his own account now. 125 orders, Wholesale IV, Accounting IV, Broker Relations IV, Margin Trading IV and all of the "remote order" trade skills at IV. Just finished training Battlecruisers V and got T2 Heavy Missiles right before that. He's no longer involved in the Jita trade but does a little ninja trading in null. Flies Stealth Bombers (Manticores) most of the time, sometimes Drakes and very rarely anything else. Currently training racial cruisers to III with Shield Management V next in line.

Future plans

Overall I've been considering switching back to a predominantly Regional Trade strategy. In preparation for that possibility I've been slowly getting remote order skills to IV on my traders for a while now. About half are done now and the rest should be finished in another week or two. Then I'll be able to make the switch anytime I want.

Get the Couster trader Wholesale V, Tycoon IV, Broker Relations V, Accounting V. Then back to the ninja trader for the same skills. Then remap Int/Mem and work on flying support skills (mainly Navigation, Engineering and Electronics skills) for both characters. Will probably train both characters into Covert Ops at some point. Might eventually train one into Blockade Runners too. I'm considering reassigning the ninja trader as a Jita price capper to stabilize extremely spiky prices on certain high volume, absurdly heavily camped items and hopefully chase some of the no-lifers and bots off those items. Another option is to start working the regional trade around Ichoriya, Clellinon, Tash-Murkon Prime or some other secondary hub in a region I'm not currently working.

On the main I'll be doing bombing runs when I can as well as some exploration, ninja trading and a little mission running. I just finished training Battlecruisers V. I'll have all racial frigate skills to IV and all racial cruiser skills to III in another 2 days. Next up are a few key support skills, Energy Management V and Shield Management V in particular. After that I'll go back to working on getting missile skills to V. Even though I technically can fly battleships right now I want both Energy Management V and Shield Management V before I will fly them. I might wait till I can fit T2 Cruise Launchers too. Besides I really don't care for flying big slow ships so battleships are low priority for me. Eventually I'll get Caldari Battleships IV and Gallente Battleships IV (for Rattlesnakes), Caldari Cruisers V and Strategic Cruisers (for Tengus) and maybe Black Ops too.

Get Tycoon V and Trade V on the Dodixie trader. Then either start training Tycoon V and Trade V on Rens too or remap Amarr to train something besides Trade. I'll train remote order skills to IV on Rens and Hek too (Amarr already has them trained). Eventually (in a month or two at the soonest) I'll transfer one of the "finished" characters from account 2 to account 1 or 5 and start training up a brand new character on account 2.

Continue training Int/Mem support skills on the exploration/scout/scanning character. Long term this character will continue following the Covert Ops line into Recon cruisers and eventually Black Ops battleships.

Finish training Accounting V on the Lonetrek buyer (about 2.5 days left now). After that train Tycoon V and Trade V on the Hek trader, then probably remap Lonetrek to Int/Mem and start training for Covert Ops. Yes Cov Ops is Per/Wil, but the prereqs and support skills he'll need to fly Cov Ops well are Int/Mem. Weapon skills don't matter, he's a trader not a fighter.

3 comments:

  1. EC-P8R is bad business?
    VFK is only 4 jumps from Torrinos with jump bridges I think, people might choose to go there instead of running the EC- gate camp.
    Or if they made all the jumps from branch to torrinos they might as well continue the last few jumps to Jita.

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  2. Torrinos is in Lonetrek and covered by another alt. I do get some stuff there. Even more comes in at Auenenen and other Lonetrek systems behind Auenenen or EC-P8R. I thought EC-P8R and Pure Blind systems behind it would would perform similarly since they're basically in the same area even though they are in different regions.

    Pure Blind was an experiment to see how regional buy orders would do there and it failed miserably.

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  3. I'd recommend you get blue standings for your null trader. There are a lot of corps that are very easy to get into and it's much easier if you can dock.

    EC- is a bad system to trade in because it's where people fight but not where people form up. If you get an alt into the CFC you'll know where people form up. That, or VFK, is where they'll buy their ships. You could also look into picking up ratter loot. Criminal tags, salvage and faction loot are all quite likely to get sold locally.

    I also think there's more to eve than trading and joining the CFC and trying out pvp could be a lot of fun for you. If it's not just do the minimum to not get kicked and concentrate on your trading.

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