Market Discussions

Security?
Your skillset?
Whare did the number 2B come from?
You state that the trade gave you 30k profit. Are you aware of taxes in this game?

If I can sell 10,000,000 units of ore at 58 a pop and I get them for at least 55 a unit that is a 30mill profit. Repeat this 68 times over 2 months and I can make right around 2bill. I gave 2 months since I wanted to have plenty of ample time to sell, if in 2 months I did not hit my goal I can give you back the 500mill in full then take 15% out of what ever is left over and give you that 15%

However I am just wanting the loan to get on my feet in the market. If I can make a large some of Isk and be able to pay back in full as well as 15% and have 500mill left over for myself then I can keep on working the market.

It seems like you're intentionally avoiding Sabriz Adoudel questions. None of the questions she asks will in any way reduce your profits or allow another player to infringe on your market (though the specific number of buying ore for 55ISK might).

Regardless, on the question of how you can attain loans in the future, start on reading up on game mechanics so that you're aware of things like taxes, broker fees, security while hauling, ganking in highsec, and giving out more information than a non realistic number of 15% profit with such a small marigin.

You might want to read some of the other threads in this forum for pointers. (my own example).

My .02 ISK. Looks like you are working with about a 5.1% margin. Are your taxes right about 3% between the buy and sell order? That's about where you should be as a new player with low standings and skills. That leaves 2.1% if everything is perfect. You can use some tools like eve-mogul.com to get an idea of what you are really seeing in profits though at that low of a margin it still doesn't account for broker fees unless I'm wrong. It happens.

While you can pull off a 15% profit to pay people out you will have to get some pretty consistent orders in high volume to turn around what you are expecting.

Don't get me wrong, I too started with small capital and was happy to get small gains. Eventually someone gets in on your item and you have to find another, come back to yours later, ride the ups and downs.

Don't underestimate the taxes bottom line. Find stuff with a 10% margin so you are more certain of your gains and ability to pay out a higher interest rate.

I pay out 10%/5% on uncollateralized loans/collateralized over a fairly short period due to getting high margins.

I think I lost my train of thought. Bottom line, keep doing what you are doing and account for the taxes. I add up my sales tax to buy and sales tax to sell plus my broker fee and figure what % I am paying. To give myself room I subtract that % from my sell order to find the minimum I can sell an item for and still have minimal gains. That's my bottom line low price. I try not to go there unless I am dealing with multimillion ISK items where .5% is a chunk of change or a high volume item.

Good luck.

If you have 50m or so in capital, try trading in very high volume tech 2 modules like Damage Control II and Adaptive Invulnerability Field II. It will teach you a fair bit about taxes and how much you need to make per transaction to actually profit.


Edit: Anyone in this forum can tell you that those two items are usually profitable, and the profit per minute invested is too small for most people with 2b+ behind them to bother with it.

This is how I made my first billion ISK. I traded in meta 3/4 stuff as well though.

To the OP: if you bought 100k worth of ore @ 55isk and sold it @ 58isk, you'd only see 5k in profits. Before taxes.

Try working your way up to 300-500mil trading tech2/meta modules in a sub-Jita hub. It doesn't take long.

Oh man if he had only kept up with reading his own thread he would have saved himself indeed

One time bump to fix forum.