Wow Tech Support

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 27 March 2012

To Frog or not to Frog

Posted on 22:00 by Unknown
I was very dismissive with outside Courier Contracts where you hire other people to haul for you. Moving your assets is a key thing in trading and I believed that you must do it on your own. I'm not so restrictive now and see reasons when it's better to just hire outside haulers.

The main hauler for hire force in EVE is the Red Frog Freight. I'm using their service now with mixed results. But before I discuss the results, a little know-how how to set up a contract. It starts with right-clicking an item and choosing "create contract", then you get the interface:
The list on the third page comes up when you type part of the destination station into the proper field and press search.

You can review your contract using the menu:

Now the results: shall you use outside hauler or not? One jump costs 350K for Red Frog and picking up is 500K. Assuming 10 jumps average distance, you pay 400K for every jump. A jump takes about a minute, so you are paying 24M/hour for the service, money that you could keep if you'd haul yourself. Of course "hauling yourself" is not without costs, you must learn skills (about 10 days after you got your industrial ship which you probably will do anyway), and a freighter costs 1.2B. You must haul 50 hours to regain just your investment.

But the reason why I will get my own freighter for sure and stop using RF in the moment I do is time. If you trade well, your capital has a very fast rotation. Every ISK I invest today will worth about 1.05 tomorrow. 5.4 billion% yearly interest rate? Yes please! Of course it's just in the phase while you are capital-limited, you can't upkeep that rate forever as you reach the point when your time or simply the market demand for your items limit you and no amount of capital will increase your income. However this limit is in the range of hundred billions, until then you can count with the 5% daily profit.

Yesterday these nice frog people sat on my 1-jump transport whole day. 0.5B items were waiting for them to get it to Jita for sale. That's 0.5B I couldn't spend on buying items to resale. 25M profit lost on this one damn jump. I could haul it myself in 2 minutes if I had my Charon. 750M ISK/hour.

So outside couriers are not the evil, using them doesn't make you a trading failure (like my "I pay 10M for a lvl 3 security mission" offers make me a combat failure). But having to rely on them is a serious profit loss. If you play trading seriously, having your own freighter is a must. You can still pay others to haul some high-volume low value thing, like 1B tritanium but you must be able to do it yourself when you need it instead of waiting for days until they do it for you.

However until you have your freighter, Couriers are your only choice to participate in the large-volume business.


Business report: Buy+sell+cash+materials being manufactured: 2.2B (0.4B gift, I gave 0.1B to my girlfriend. I'll gift away the gifts I got). After discussions and some player advices I added Amarr Cruiser V to my perception-willpower remap, to be able to fly an armor logistics. That increases the length of that remap to 160 days. 5 months and a week. The time scale of this game is insane compared to other games.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in ISK | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Suffer mortals, as your pathetic password betrays you!
    One of the things we often don't put much thought into is password selection. Usually it is a loved-one's name or an easily remembe...
  • (I'm not) defining lowsec
    This is a rather short post, will be one more today, about my very first PvP action. Sugar reminded me of a problem that I read about a l...
  • The big EVE trick
    What is an easy game: where everyone can achieve what he wants easily. What is a hard game: where you can only advance by becoming better an...
  • You must station trade what you haul
    Well, actually you don't if you are fine with hauling for buy orders. This case you lose serious profit. If you are the station trader o...
  • The (total lack of) balance of trade of highsec
    The fact that you can be much more rich in highsec than in the competitive areas of EVE (low, null, WH) is one of my main messages. It can b...
  • Thinking about highsec POCOs
    In the next EVE patch, Rubicon, highsec customs offices will be capturable by players (actually you destroy and build your own, but it's...
  • What would happen if people could trade?
    The question of mirror-ability of strategies often comes up when I post my trading strategy. The 0.01 strategy is clearly mirror-able. If th...
  • October ganking report
    October was a great month for my corporation , We Gank Because We Care. You can see the results on the killboard but since October was 31 d...
  • The proper profit metric
    Live moron of the weekend post . Did they spent the last month under a rock? People having trouble making ISK with trading. Some rather go m...
  • ur a kid!
    The title is a troll comment I get often. It doesn't make much sense. It's clearly not an argument. While we know that socials don...

Categories

  • account
  • account theft
  • adobe
  • alpha
  • arena tournament
  • authenticator
  • authenticators
  • battle.net
  • beta
  • blizzard
  • brute force
  • cataclysm
  • diablo 3 phishing scam
  • dictionary attack
  • drive-by
  • email
  • fake
  • flash
  • game
  • Gold
  • guild
  • gumblar
  • hacked
  • hacking
  • hacks
  • Ideas
  • ISK
  • keylogger
  • march
  • mmo-champion
  • New
  • password
  • password stealing
  • patching
  • phishing
  • raiding
  • Random
  • ranks
  • remote auction house
  • scam
  • scams
  • security
  • security checklist
  • soccer
  • strong password
  • trojan
  • vulnerability
  • warcraft
  • wow
  • wowarmory
  • wowmatrix

Blog Archive

  • ►  2013 (242)
    • ►  November (15)
    • ►  October (25)
    • ►  September (24)
    • ►  August (21)
    • ►  July (24)
    • ►  June (22)
    • ►  May (22)
    • ►  April (22)
    • ►  March (20)
    • ►  February (21)
    • ►  January (26)
  • ▼  2012 (261)
    • ►  December (24)
    • ►  November (21)
    • ►  October (24)
    • ►  September (21)
    • ►  August (26)
    • ►  July (25)
    • ►  June (20)
    • ►  May (25)
    • ►  April (23)
    • ▼  March (23)
      • "EVE lacks stories and humor" (and morons)
      • The singing ransom
      • MMO Economies use bartering
      • To Frog or not to Frog
      • ISK buyers are boosted Arthasdklols
      • Play for ego
      • Hell, it's about time
      • The lack of new blood in EVE
      • Producing crap
      • Friendly helpful ppl yay!
      • The bright future of mining
      • Bag them and tag them
      • Oh noes we must produce all that we spend!
      • The three limits of trading
      • With more experience they get ... worse
      • Goodbye WoW endgame!
      • Carebears and bots walk hand in hand
      • The millionaire next door (and a long CSM7 PS)
      • Ships and remaps
      • Be poor, accept that buy order (or give it up to 0...
      • Griefer-safe EVE life
      • Hauling shinies
      • Fly Badgers!
    • ►  February (23)
    • ►  January (6)
  • ►  2011 (4)
    • ►  September (1)
    • ►  April (1)
    • ►  March (1)
    • ►  January (1)
  • ►  2010 (17)
    • ►  November (1)
    • ►  September (2)
    • ►  August (1)
    • ►  July (1)
    • ►  June (2)
    • ►  May (2)
    • ►  April (1)
    • ►  March (2)
    • ►  February (2)
    • ►  January (3)
  • ►  2009 (4)
    • ►  December (1)
    • ►  October (1)
    • ►  September (1)
    • ►  July (1)
Powered by Blogger.

About Me

Unknown
View my complete profile