Another day, another update

Assets
Cash                         133,889,412.72 ISK
Sell Orders                1,071,922,548.00 ISK
Escrow                       259,347,084.00 ISK
Contracts                              0.00 ISK
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Total Current Assets       1,465,159,044.72 ISK
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I normally only post results once a week, but today was an exceptionally good day: I made about 132 million ISK. That's almost three times the daily goal I set myself to accomplish at the beginning of this little experiment.


So what am I doing differently? Not that much, surprisingly. I'm just following my own advice:

• My cash is put to use as much as possible. If you look at my first weekly update, only about 25% of my available cash was in inventory. Today, it's closer to 90%.
• I've started putting up purchase orders. The returns on these are much higher than retail purchases (although there are always really good retail deals to be found)
• I've been a bit more aggressive on price updates. I don't like it, but at this point I don't really see much option but to keep updating prices to fight the 0.01 ISKers. Weekdays it's a bit more difficult, but on weekends, I'll leave the clients running, and I'll just do a quick scan of my orders and update prices. I can usually update all my prices in 5-10 minutes, and I only update prices a few times each day (morning, noon, evening). It seems to turn over enough inventory to keep me supplied with ISK to make purchases

One thing to note, I may have over extended my margins. I do have trader alts with Margin Trading IV, so that 133 million may not be enough to cover everything if I get a large influx of sellers. It hasn't been a problem so far, but I'll have to keep an eye on it.