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Ymir Esubria
Concordiat
Tribal Band
11
   |
Posted - 2012.12.28 20:09:00 -
[1] - Quote
Just airing my thoughts really.
I am not a well known player, I don't post very much. For a week or two now I've been stationtrading with a limited starting investment (100 mil) and am making a very fair profit (I'm up to 500 mil now, roughly and have been away due to christmas and all, so not a bad profit for such a limited time) so I like to think I am at least semi-competent as a stationtrader.
To this end I've started a new buddy account, to make a dedicated trader character as the one I'm posting with is my industry character. In a month my trader will have his skills in place, and Esubria will return to industry.
With the background information in place, my question is the following:
Is it at all feasible that I could get a loan from an MD'er to expand my stationtrading, perhaps even couple it with my industry character?
As I'm aware of my personal limitations I would not ask for a large loan. I cannot envision myself asking for more than 1 billion, if only to ensure that I don't go in over my head. However, with a 1 billion added investment, I could realistically expand my business to the extent that I can buy bulk minerals to produce close to my trading hub, use Red Frog to move my raw materials and produced goods, and make a solid profit, next to any actual stationtrading.
As an added downside, I have nothing to offer as collateral. I own a Viator, almost everything else has been liquidated.
That's my situation. If there are people who do sometimes take chances on unproven people, I will make a proper loan request post once my trader character is ready, as this formatting is rather unprofessional.
If there's simply no way, I'll have to wait until the next paycheck and splurge on a GTC I suppose. If possible I'd rather not though, as my real life cash is more limited than my ingame ISK.
So erm, thoughts? |
Chorus Ambrye
North Eden Trading Company Inc.
15
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Posted - 2012.12.28 20:39:00 -
[2] - Quote
I had the same question in mind a few weeks ago but decided to start up an IPO anyway, brand new character with no history and nothing to show for my work, but I still got investors interested and I have now sold nearly 8 billion isk worth of shares
https://forums.eveonline.com/default.aspx?g=posts&m=2283878
So just show your progress and offer what you wish and I-Śm sure if you run an honest business people will get interested :) |
shar'ra matcevsovski
white knightess
261
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Posted - 2012.12.28 22:11:00 -
[3] - Quote
show some proof of your doing like providing API Key to begin with, but tbh without Collateralization your asking people to trust for quite some hard earned cash wehn the first rule in eve is "dont trust anyone"...
just compare yourself to the other "trusted" Traders offering Bonds (Not including this highly suspect Chorus guy) and u-Śll see quickly what your missing.
Boost T2 BPO`s! |
Emma d'Acques
Protomonolithic
Emergent Avionics
7
|
Posted - 2012.12.28 22:17:00 -
[4] - Quote
Ymir,
The only way to know if you can get this off the ground is simply by offering the bond, and see what happens.
Be prepared to be torn apart however, MD can be quite hard on people offering Bonds or asking for loans.
You might want to think about starting with a smaller amount too.
A first time bond of 1B (or more) without collateral will be slow to fill imho, as there's no real safeguard in place should the bond fall apart.
And as Shar'ra said, be ready for API checks, and compare what you offer to other peope offering bonds, learn from them, and adapt where you see a shortcoming in your offering.
I'm not totally useless, I can be used as a bad example. |
Steven Korrupt
The Riot Formation
Unclaimed.
19
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Posted - 2012.12.29 06:18:00 -
[5] - Quote
With an API and full disclosure of business plan I would be willing to fund you for 1 billon. Eve ail me and let's talk |
Systemkaos
Empire Hauls
2
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Posted - 2012.12.29 11:02:00 -
[6] - Quote
The biggest worry I would have is your self admitted lack of knowledge or practice with trading in general. I have helped friends out with it only to see them hit a slump and get disheartened by a large loss in their eyes and never got out of that rut.
I wish you the best of luck though. Its hard to break into the MD clique, but keep working at it and posting your results and in no time (eve time) you shall be swatting away investors and investing your own isk into people just like you at this point. |
Ymir Esubria
Concordiat
Tribal Band
15
|
Posted - 2012.12.29 15:27:00 -
[7] - Quote
Thanks for the advice so far everyone.
@Steven Korrupt: I am currently not ready to start yet, as my trader character needs some more skilling up first (I'd rather start off properly and well prepared than jump in early and give a sub-par performance, even more so considering this is my first activity on MD) but I will be in touch ingame to see about your interest at a later date.
@Systemkaos, and in general:
I've been tempted to start a basic trading/indy blog, not a how-to but my day to day experiences, successes and failings, basically a look into the life of a starting trader. I figured that would lend some more credibility to my name, and give some more insight in my business practices.
However, there are so many EVE blogs already. Would it be interesting at all to read about day to day stationtrading?
If it interests people, I'll start some writeups right away, as I've just moved my operation from Amarr to Jita to get a feel for the trading there, which makes for a decent jump-off point.
Thanks again everyone for the assistence so far! |
Ymir Esubria
Concordiat
Tribal Band
16
|
Posted - 2012.12.30 00:47:00 -
[8] - Quote
http://evebyymir.blogspot.nl/
Posted my experiences stationtrading in Jita to the blog. At the least it will give possible future investors some insight into who I am and how I operate.
http://evebyymir.blogspot.nl/ |
Alex Grison
Grison Interstellar
5
|
Posted - 2013.01.03 20:44:00 -
[9] - Quote
Not feasible. Or rather it shouldn't be.
Nobody should blindly trust you with their money. Especially when they know that there are zero consequences for theft on your part. |
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