Little trader adventures

    • jojetski wrote:

      Lots of plots for sale in bridgewatch now.
      Seems like they are trying to liquidate everything they can right now. I don't craft much on Thetford but today I notice that most crafting stations have 150% fees and a few at reasonable fees, my guess is they are trying to consume as much food as possible and do the same as Bridgewatch.

      Overall I don't like the change on bids, we move from a system where few can make profit with a high entrance fee to a system where probably will be cheaper to enter and almost everyone will lose... except for the people that want to own a craft station to reduce crafting cost on a monthly basis.
    • I bit more than a month since the last update and seems like a lot of time, lot of things have changed. First of all, sorry but I couldn't track this auction cycle I had a busy day and just arrived to house at the night and didn't even try.

      In other news some things have changed, I was the guild master of a small guild and we were growing slowly but steady "I was" because we decided to merge with another guild which is more PvP oriented called "Oath of blood" which is a member of Arch alliance. After a long talk and goals for the future we agree to merge, my guild is still alive with an alt just in case.

      Last month I lose money! while overinvesting on my new labourers and setting my alts properly at some point I was -85m but ended with -49.8m



      Some things to notice is that I bought a Mammoth for 26.8m, build up 2 new laborers island (with personal islands) and stored plenty of materials. As you can imaginate at the end of the month I didn't have enough money for the auction cycle.

      This month I want another 2 new islands (already built one) and going to take it easy this month to get some money.

      My current labourer setup:

      - 1 Personal island with T7 blacksmith (33 labourers)
      - 2 Personal island with T6 blacksmith (66 labourers)
      - 1 Personal island with T6 Imbuer (33 labourers)
      - 3 guild islands with T6/T7 Tinkers (63 T7 and 45 T6)
      - 1 personal island leveling up imbuer

      August plans:

      - leveling up my new island to T6
      - Make another island with imbuer and upgrade the first one with T7.
      - Learn basics about PvP
      - Make a lot more runs to caerleon

      Some progression:

      Blacksmith







      Cloths:




      Finally getting some weapon crafting, my guild eat a lot of claws




      My profile so far




      The first 10 days of the month seems decent so far (which is usually the moment where I spend more money)



      By the way, if someone missed it I made a thread about T4 solo random dungeons

      The post was edited 1 time, last by Cidragon ().

    • It's been a while since my last post, for a couple of months I was quite busy then I didn't really wanted to play and then vacations time. I just comeback to normal day to day and wanted to give Albion another try but probably will change my market strategy.

      Some sad things I didn't know that you lose on 60 days your stuffs on the mail so I probably lose between 100-200m there but surprisingly I still own 101m on 2 accounts, around 1200 T7 books and 650 T6 books + all my slaves + about 15k T7 refined materials. I'm pretty sure that I owned 3 accounts but can't remember the last one :P

      Before login I had my finger crossed hoping for having enough $$ for a month but looks like my economy still decently healthy. Let's see what will happen this time.
    • Cidragon wrote:

      It's been a while since my last post, for a couple of months I was quite busy then I didn't really wanted to play and then vacations time. I just comeback to normal day to day and wanted to give Albion another try but probably will change my market strategy.

      Some sad things I didn't know that you lose on 60 days your stuffs on the mail so I probably lose between 100-200m there but surprisingly I still own 101m on 2 accounts, around 1200 T7 books and 650 T6 books + all my slaves + about 15k T7 refined materials. I'm pretty sure that I owned 3 accounts but can't remember the last one :P

      Before login I had my finger crossed hoping for having enough $$ for a month but looks like my economy still decently healthy. Let's see what will happen this time.
      LOL. Should have written some stuff down! Welcome back.
    • Cidragon wrote:

      It's been a while since my last post, for a couple of months I was quite busy then I didn't really wanted to play and then vacations time. I just comeback to normal day to day and wanted to give Albion another try but probably will change my market strategy.

      Some sad things I didn't know that you lose on 60 days your stuffs on the mail so I probably lose between 100-200m there but surprisingly I still own 101m on 2 accounts, around 1200 T7 books and 650 T6 books + all my slaves + about 15k T7 refined materials. I'm pretty sure that I owned 3 accounts but can't remember the last one :P

      Before login I had my finger crossed hoping for having enough $$ for a month but looks like my economy still decently healthy. Let's see what will happen this time.
      Sounds like you came back in prime shape to press resume on the gold press?

      Do we get future updates?
    • New

      Took me a while to make a new update, the first week I was pretty much reactivating my old ways of making silver, improving my spreadsheets and looking for a new group of people to play with.

      I really want to change a bit my way to make gold and tried different things, with my small trading experience I can say that there are really 2 ways to play the market with high profits, either to make high volume trading with small profits but high enough volume to make it worth it or you make those big fat trades but 1 at a time. Tried the second option at first picking high value mounts, in my mind prices should have a high enough margin thanks to the new tax on the market so people could be more willing to buy/sell them on trade chat but quickly discovered that most players aren't really willing to negotiate and prices were so close to the market value that never saw a really good trade, maybe I was looking for the wrong mounts or my margins were too high but after a week I made 0 of those trades.

      After my failed attempts I tried to look for some high volume trades but quickly realize that the new tax system killed a lot of those trades and tooke me a while to find some of them, not a big deal but can make like 300-500k a daily without doing much but there is still a lot of margin to improve.

      Another thing that I decided to give it a shot was to buy a couple grizzly bears, I think it's a decent mount that do the job and was been trading for 3m before march, of course that was probably his higher value thanks to not new mounts being introduced for a year but no doubt that will gain some value after this month, bought around 25 not a big deal and want to sold them for 30% profit (I need fast cash), bought all of them in the range of 1m - 1.1m so the mark is around 1.4 - 1.5m thinking about tax.

      My goal right now is to make around 2m daily doing just trading (not counting my islands obviously) on the regular market if I find a few good flips the target should be very doable, not a huge target but I prefer to start small and then make new ones on the run.

      I wasn't really recording my trades this month so no monthly earning this time.