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Trading - 141 Day Challange

Author
Vaako Omaristos
Doomheim
#1 - 2015-03-15 22:59:22 UTC  |  Edited by: Vaako Omaristos
Hi Guys,

I have set my skill queue for 141 days. So i want to see how much ISK i can i acquire by doing nothing but trading.

Previously i have bought plex and sold it and that's been my main source of income. Now i am working on purely buying and selling. I have set up 2 seperate divisions in the corp wallet to keep track of sales and purchases.

I started the day with 334m and now sit at 1.2b. Obviously i won't go into specifics but i have been purchasing and seling a wide range of modules, drones and ships. in small quantities for the moment until i get my capital up.

I have currently set 500m for purchasing items and the remaining for sales.

I hope to do a weekly report on my blog to show how i do.

Cheers.

V

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

I am providence
Viziam
Amarr Empire
#2 - 2015-03-16 09:25:41 UTC
You started with a PLEX and around 3 months.

Your results will depend on several factors - aside from your actual know-how and place, your capabilities to adapt and finaly the time you want to invest you can land everywhere between 1 and 100 billion Smile

Good luck, I hope the result will be satisfying for you.

My Blog (german): http://theevevirus.wordpress.com/

All about trading, some PvP, some politics... whatever i want to write about

Held der Finsternis
Highsec Corporate Services
#3 - 2015-03-16 19:58:56 UTC
Where is your blog? Can you link it in your forum sig? Thanks.

You can always find me on the forum section of Minerbumping.com :o)

u3pog
Ministerstvo na otbranata
Ore No More
#4 - 2015-03-16 20:30:07 UTC
I am providence wrote:
You started with a PLEX and around 3 months.

Your results will depend on several factors - aside from your actual know-how and place, your capabilities to adapt and finaly the time you want to invest you can land everywhere between 1 and 100 billion Smile

Good luck, I hope the result will be satisfying for you.


100 billion from just millions in 141 days? Damn, I better double check what am I doing wrong... Roll
Luthias Austrene
Pator Tech School
Minmatar Republic
#5 - 2015-03-17 03:54:01 UTC
u3pog wrote:
I am providence wrote:
You started with a PLEX and around 3 months.

Your results will depend on several factors - aside from your actual know-how and place, your capabilities to adapt and finaly the time you want to invest you can land everywhere between 1 and 100 billion Smile

Good luck, I hope the result will be satisfying for you.


100 billion from just millions in 141 days? Damn, I better double check what am I doing wrong... Roll


141 days is almost 6 months. 100 bil seems like an achievable goal for that amount of time. I'm currently at 14.5 bil, and in 6 months, my estimates are well over 100 billion.
Vaako Omaristos
Doomheim
#6 - 2015-03-17 12:35:09 UTC
Hi Guys,

Here is the link to the blog post 141 day challenge

I don't have a set target at the end of the challenge but I do envisage myself around the range of 100b

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

Jeronica
The Terrifying League Of Dog Fort
Deepwater Hooligans
#7 - 2015-03-17 14:12:46 UTC
Best of luck to you!

EVE-MOGUL.COM

Trade Profit Tracking&Analytics

Offering Sotiyo Services In

New Caldari | Ashab

IPOs & Investments

Kuhaku Blank
Doomheim
#8 - 2015-03-17 14:20:13 UTC
lame you started with a massive amount of capital, I started 5 days ago with 50k isk and my rookie ship. now im at 544k and a navitas.
Vaako Omaristos
Doomheim
#9 - 2015-03-17 15:10:45 UTC
Well like i said i used to buy plex and then sell it on the market so my wealth in game was driven only by my wealth out of game.

Whilst that hasn't changed unless i start trading my outgoings will far outstrip my ISK income. So trading is the only option.

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

u3pog
Ministerstvo na otbranata
Ore No More
#10 - 2015-03-17 20:26:39 UTC
Luthias Austrene wrote:
u3pog wrote:
I am providence wrote:
You started with a PLEX and around 3 months.

Your results will depend on several factors - aside from your actual know-how and place, your capabilities to adapt and finaly the time you want to invest you can land everywhere between 1 and 100 billion Smile

Good luck, I hope the result will be satisfying for you.


100 billion from just millions in 141 days? Damn, I better double check what am I doing wrong... Roll


141 days is almost 6 months. 100 bil seems like an achievable goal for that amount of time. I'm currently at 14.5 bil, and in 6 months, my estimates are well over 100 billion.


If you keep up that ratio you would end up with over 1 trillion within 5 years. However with more money comes more work and at some point you'll probably get bored of it. Most rich people find other means to make isk without too much effort. I don't consider myself rich, yet I am already getting bored...I should start looking for alternatives soon :) Besides like VV said you have to have your own limits and once you reach them you can call it a victory and actually focus on the fun, rather than simply making ISK. I think I'll follow this example.

Good luck to the OP. It will be interesting to see how far he goes.
Vaako Omaristos
Doomheim
#11 - 2015-03-17 22:17:07 UTC
I understand hows in the long term I could get bored. At the moment though there is so much for me to discover eventually I hope to be able to speculate based on market trends. Buy high value slow moving items but for right now I like what I am doing. I should mention that this is my main account, aldur saken is my trader and I am doing this to really fund my future adventures. I want to be in a position where I don't have to worry about isk.

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

Vaako Omaristos
Doomheim
#12 - 2015-03-18 09:02:49 UTC
Hi Guys,

I have made it a bit easier for you guys to track my progress. I have a link to the report on eve mogul here

So have a look and let me know what you guys think.

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

Samsara Toldya
Academy of Contradictory Behaviour
#13 - 2015-03-18 12:16:22 UTC
Vaako Omaristos wrote:
I started the day with 334m and now sit at 1.2b.

2015-03-15

That's 900M profit on day one while your link to eve-mogul shows < 3M profit for 2015-03-15 and 32 M profit for the whole month.

Wrong link? Wrong profile?

Vaako Omaristos
Doomheim
#14 - 2015-03-18 12:24:50 UTC
The some transactions don't appear to be fully showing. I think it could be due to some trades being spread out across accounts and not transactions have a profit percentage for some reason. But truthfully I an not sure why.

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

March rabbit
Aliastra
Gallente Federation
#15 - 2015-03-18 17:52:54 UTC
Kuhaku Blank wrote:
lame you started with a massive amount of capital, I started 5 days ago with 50k isk and my rookie ship. now im at 544k and a navitas.

bigger starting capital gives bigger take off speed

The Mittani: "the inappropriate drunked joke"

Feoria Saissore
Evil League of Evil Corp
#16 - 2015-03-18 20:54:00 UTC
I started off by selling two plex's and worked my way up from there. I'm looking forward to seeing your progress good sir

"All I'm sayin is, if The Doctor wanted to save our universe, all he has to do is go back in time and get Firefly back on the air."

Vaako Omaristos
Doomheim
#17 - 2015-03-19 09:29:43 UTC
Hi guys,

I am doing a mid trading report hopefully tonight with some graphs and more info but to give u some figures since Monday i have sold 1,618,274,069.44 isk worth of stuff. I sold 6,271,925 items.

I purchased 580,874,112.46 isk worth of stuff over 16,214 items.

Good start i think.

Full mid week report will follow tonight!

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

Vaako Omaristos
Doomheim
#18 - 2015-03-23 21:08:11 UTC
Hi Guys, So i have the Week 1 full trading report and update, complete with graphs and commentary.

So have a look here

Any comments are gratefully appreciated.

Trader, industrialist and thinker. Follow my progress on my 141 trading challenge here

Mephiztopheleze
Laphroaig Inc.
#19 - 2015-03-24 01:31:12 UTC
Vaako Omaristos wrote:

I have set my skill queue for 141 days.....


wow, i have 213 days left of Int/Mem and Navigation skills alone queued up (and I can't even inject Jump Drive Calibration for another ~20 days).

Occasional Resident Newbie Correspondent for TMC: http://themittani.com/search/site/mephiztopheleze

This is my Forum Main. My Combat Alt is sambo Inkura

Warmonger Simon
Trinity Alpha Zero
#20 - 2015-03-24 08:27:57 UTC
Vaako Omaristos wrote:
Hi Guys, So i have the Week 1 full trading report and update, complete with graphs and commentary.

So have a look here

Any comments are gratefully appreciated.


What is the software to calculate profits you use judging from those screenshots on the blog?
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