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EVE Trader - Traveling, Market Analyzing and Trading Bot for EVE Online

Trading in EVE Online, the choice of professionals.

EVE Trader, market analyzing, traveling, trading bot for EVE Online The profession of a trader is, without a doubt, the most profitable and risky one in EVE Online. Having enough money to start can earn you a lot of ISK each day or to lose it all just as quickly. The main idea of EVE Trader is simple: buy something at a low price and sell it at a higher price. Anyone can buy a cargohold of goods in one system, haul it to another system then sell it and call themselves a trader. Whilst most traders of this type see this as the all inclusive path to success, there are "points" that separate a basic trader from a professional. Professionals exploit the inability of people to do something.

You can make money quickly as a trader as long as people don't know the source of your income and cannot copy it. If a buyer doesn't know where to buy something cheap or doesn't know the average price, he may pay an inflated price and create a large income to a successful trader. This is easy to reproduce with regional trading. You can analyse the market of several regions and compare the prices. For example: you might find some meta 3/4 equipment to buy and then resell in Jita for 200% profit. The same applied the other way round: you can find something to buy in Jita (usually some manufactured goods), transport it to another region and sell it for a better price. These operations are available to everybody but require a large amount of time collecting and analysing up-to-date market information.

Another example: you can compare buy/sell orders and find an item on the market that has a low supply in comparison to the demand. This means that people transport these goods and sell them from other regions for more profit. You can browse the sales history of these goods and see if the average price was stable or not. For example: you see a high difference between the maximum/minimum prices, then the prices were OK, then they jumped again. This means all of the low priced items were bought at some point and supplied to different regions that could not fit the demand (some people had to buy overpriced items). Now you know the item could be sold for a better price that people would usually pay, when the stock is low. You can buy all existing low priced items and resell them at the same station for a higher price. This type of trading is called station trading, it requires even more time and is only recommended for hardcore traders. You should sell your overpriced items before somebody else transports more of these items from other regions. Other players will use your artificial item deficit to try to outbid you. At this stage your income is dependant on your time available to play EVE. You basically cannot leave your computer and should update your orders every few minutes. If you fail, you loose ISK. If you succeed, you get super income. EVE Trader can help you by updating the orders for you!

People will be unable to reproduce your income if you have better skills and more ISK to play with. Large scale trading with less than 1% profit is quite common in EVE Online. To have a good income from large scale operations you should have billions of ISK, perfect skills and perfect corporation and faction standings. Profit in 0.5-1.0% can return 50-100 million ISK per 10 billion ISK, and return absolutely nothing for players without perfect skills and faction standing. This type of trading is applicable to station trading only, nobody will haul billions in m3 of stuff from one region to another. EVE Trader can calculate your income on the basis of your broker's fee and sale tax and prevent unprofitable operations from being made.

Finally, if one item in the market has a high profit and a good supply and demand, then many traders with moderate skills will participate in this margin trade and create strong competition. To make a profit you will need to babysit your buy/sell orders and you cannot leave your market orders unattended. Players outbid each other by 0.01 ISK to make the best sell offer and increase their effective market use time. They call this PvP! If you do not do this "PvP", you can give out 5-20% of your profit to the hardcore market PvPers. EVE Trader can update orders for you and leave you more time to play the game.

What is the best bot to make ISK in EVE Online?

Comparative studies of the methods to make ISK in EVE Online show an incontestable advantage of bot trading in comparison with manufacturing, mining or ratting. Profit from mining is limited by the price of the ore that the miner is able to harvest over the day. With a perfect setup and skills it might be around 80-120m per day with mining macros like EVE Miner. Manufacturing and invention jobs have a higher profit, especially if you have a POS in empire and 6 manufacturers. However, you need to train up the manufacturers and buy expensive equipment for the POS in order to start your plant in empire. The average profit from one large POS in empire and T2 module invention is in the range of 200-250m per day. The same income you can do with a trading bot and only one character - a trader. A manufacturer or inventor can start 11 jobs at a time, a trader can start 100+ orders. The income of a manufacturer depends on the demand of the manufactured items and their average price. A manufacturer cannot make just one item with all 6 characters and make a good income out of it; The price of the item will unavoidably drop due to product saturation. With the same amount of time, the income from a trade bot depends on the profit ratio of the sell price to the buy price. A trader can make a good income from buy-resell operations of anything. Whether this item is profitable enough to build or not. Ratting is only profitable in 0.0 space and requires a good system with several belts and clear of visitors. If you are not living in 0.0 or you rent a system from another alliance (for something like 1.5kkk ISK/month) you will fail to make money ratting.

EVE Trader Overview:

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VE Trader is stand alone, windows based program that is electronically delivered and comes packaged with an easy to understand instruction manual. EVE Trader is an in-game bot and is a part of the EVE Pilot suite. It requires the EVE client window to work. EVE Trader uses color detection and Optical Character Recognition (OCR) techniques to fully understand what is happening within the game environment. These simple and reliable detection methods mean that we do not have to read the information sent from any game servers or use client memory scanning. In terms of the law, EVE Trader is a legal program. This also means there is no legal way to detect the presence of this bot on your computer - scanning your computer for third party legal programs is forbidden by the law. As with EVE Miner, EVE Trader does not require a long process to start. To use EVE Trader effectively you will need to train a set of skills: trading and retail for the number of active orders, accounting, broker relations and connections to have less broker fees and sales tax and as a result more profit. EVE Trader doesn't require remote order manipulation skills (day-trading, procurement and marketing) but without these skills you should be docked in a station or tell EVE Trader to do so if you use the travelling function. EVE Trader automates the most time consuming operations of a professional trader:

 

  • Trading. EVE Trader is not supposed to choose what to trade, but can suggest what is the best. If you use the trading function, you are still responsible for results of your trade operations. EVE Trader can monitor your order status and update orders that correspond to the set of filters you apply. You can set the maximum price change from the first price you entered, if EVE Trader has detected that the market price has dropped / raised considerably it will wait for the user to revise the order. You can set the orders minimum volume to outbid. If another trader is trying to cut the price of your 100m order with a 1m order, EVE Trader will detect this and skip the order. The best filter for making profit with EVE Trader is the minimum profit limits. If EVE Trader detects a non profitable operation you have the chance to revise your order and not loose ISK. As a rule EVE Trader is perfect to play the 0.01 ISK game but when another traders cuts off the price it is better to take a look at the situation and then automate your decision with EVE Trader. Latest version of the trader has sell and buy order installers. With order installers trade bot became fully automated tools for trader.
  • Travelling. EVE Trader can travel along a list of systems, dock at stations and export the market information for a range of items that you define. The traveller remembers the last visited system and can continue travelling from this system after a disconnect. There is also a function to return the traveller to a "home system" (the first system in the list) after downtime. The whole galaxy is now yours, find your travelling routes, have up-to-date information about market positions that you will work with and optimize your profits with traveller. If you prefer to trade in Jita only and use order installers, you must switch off travelling function.
  • Analyzing. In order to show what is profitable within the market, the built-in analyser can be used. The analyser uses the broker fees and sales tax of your trading character to accurately calculate the profit you can expect to make from buy-resell operations. An unlimited number of items can be analysed and compared. The results of the analysis is shown on the "Market Export and Analysis Result" screenshot. The analyser can compare the activity for buy/sell orders of the last few days and estimate the profit you can expect to make from the buy-resell operations on all available items during the day. The real profit will depend on the activity of other traders but the results shown in screenshot are not that surprising. In the screenshot; Most of the of income could be made using buy-resell operations of isotopes and fuel blocks, top moon minerals. You may also see most used ships and modules etc. It is possible to backup the export files and use them with third party tools or export selected items and use export files with buy or sell order installers to start sales quickly.

Usually, if we talk about features of the program we want to compare against different programs. In case of EVE Trader, this bot is probably the only trade bot available publicly. Features are:

  • Easy to set up, intuitive interface.
  • Installing and updating sell and buy orders.
  • Travelling along the queue of systems. Using built in autopilot function to plot the route and use with 0m traveller.
  • Market analysing and trading functions - the core functions of EVE Trader as a trading bot. Manipulation with unlimited number of orders. Browse through an unlimited number of market search results.
  • Possibility to backup and use market exports with other third party tools like EVE Market Scanner by Eraggan Sadarr.
  • Handling of downtimes and disconnects.
  • Free support and upgrades, as well as a 30d money back guarantee.

Screenshots: EVE Trader for EVE Online.

 
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