| EVE Trader - EVE Online Traveling, Market Analyzing and Trading Macro |
EVE Trader - Traveling, Market Analyzing and Trading Bot for EVE Online
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:Screenshots: EVE Trader for EVE Online
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