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Loan request-500m

Author
Amos Trax
Doomheim
#1 - 2017-04-13 11:38:08 UTC  |  Edited by: Amos Trax
Hey everyone.

A bit about me.

Recently got into eve, stepping over from wow.
I used to be an auction house whore in wow, spending my entire last 6 months with the sole purpose of building wealth.

The market system in eve is intriguing from the perspective of a wow player.

I have made some 'decent' Isk so far, around 200m or so just from trading. Mainly focussing on T1 and meta exploration modules, these are high volume fast a turnover but low value. This is logging on once a day to check orders and such, I know there is the .01isk game but I have kids to look after and a job to go to, so I spend most of my spare time checking out the histories of traded items trying to find good deals at their low point.

Anyway, the time has come where I want to start stepping up in value of items but don't have enough isk to make it worthwhile tying it all up in 1 or 2 items and then waiting for days for the buy orders to fill, then again waiting for the sell orders.

I would like to borrow 500m isk, I am confident of my returns over a two week period that I would offer 10% interest.
This will be uncollat, as I said ive only made about 200m so far and don't have any assets that I wouldn't sell.


In short, borrow 500m pay you back 550m in 2 weeks.

I have my eye on some specific items so if you are serious about giving me a loan but worried I might lose it I am willing to give you a list of the items I am looking at so you can check them out, I'm not worried about you stealing these items as if you have money to spare lending it out then you probably won't bother your time on these items.

Thanks for your interest I hope to make us both some Isk šŸ˜

Edit: while horde has been a good corp, it does not suit my future plans of station trading. As such the opportunities that horde presents will no longer be available to me shortly. The wardecs in highsec are too risky.


As mentioned to myriad and William in pm, I have thought about the loan request while at work and I will withdraw this request.
It seems I posted at the wrong time of day/week/month as looking back through some loans previously people don't see to run into too much aggression.

https://forums.eveonline.com/default.aspx?g=posts&t=511903&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=510749&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=513206&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=511903&find=unread

This gives me some hope for trying again at a different time maybe.

However I would like to thank most of you for the helpful suggestions, I will be sure to use them.in the coming weeks and months.
And thankyou for the polite discussion from most of you, and I would like to definitely not thank the aggressive pushback I got from some. While I understand your position I don't feel the attitude was warranted and that is the only reason I am withdrawing this request.
I am hoping I just tried at the wrong time and will come back in a month or two and try again, depending on how my trading is going.
Myriad Blaze
Common Sense Ltd
Nulli Secunda
#2 - 2017-04-13 13:14:08 UTC
Hi Amos,

your loan request raises several red flags which means that you wonā€™t find anyone to fill it unless they are willingly ignoring these red flags and are ok to gamble with the chances against them.

On the off chance that you are a new player as you claim Iā€™d suggest to withdraw your loan request and start reading through the posts in this forum subsection. Thereā€™s much to learn and reading about other peopleā€™s exploits you might come up with your own ideas on how to play the market. As a new player you are inexperienced and are prone to the dangers of market PvP. Thatā€™s why I think itā€™s actually a good idea to start small and taking your time to grow into your future fortunes. The more ISK you handle, the larger the risk to make an expensive mistake.

Unfortunately I donā€™t have much time atm, so youā€™ll have to do the research on your own. Start by looking for terms like ā€œregion tradingā€, ā€œstation tradingā€, ā€œmargin trading scamā€. And good luck on your future endeavors.
William Ormono
Reason Will Prevail
#3 - 2017-04-13 14:02:05 UTC
I see you're with Pandemic Horde - have you considered asking one of your corp mates for a loan?

As Myriad mentioned, showing up on the MD forums with a month old toon, no reputation and asking for a loan (albeit a small one) while offering no collateral raises some red flags and will likely result in some pretty aggressive questioning from the MD regulars. It will probably be easier for you to solicit a loan from one of your corp mates who presumably knows you and your business dealings, than it will be to convince a random investor that you are sincere and that you won't burn out after a short period of time (happens to a lot of traders - myself included).

Or even better, don't seek out an investor at all and keep growing your wealth by yourself. I'm confident that you can do it!

If you're concerned that your 200 million will get tied up in one or two items, I might suggest you do a little more market research. There are plenty of items that can be bought for less than 10 million and sold for good profit (e.g. some faction mods, faction frigates, T1 cruisers, etc.). Sticking with items less than 10 mil would obviously allow you to issue up to 20 buy orders with your 200 mil capital - nicely spreading out your interests across several avenues.
cisea
Ministry of Furious Retribution
Fraternity.
#4 - 2017-04-13 15:07:36 UTC
William Ormono wrote:
I see you're with Pandemic Horde - have you considered asking one of your corp mates for a loan?


Im pretty sure they have programs exactly for this.
Amos Trax
Doomheim
#5 - 2017-04-13 15:19:20 UTC
cisea wrote:
William Ormono wrote:
I see you're with Pandemic Horde - have you considered asking one of your corp mates for a loan?


Im pretty sure they have programs exactly for this.



Sorry I forgot to mention it in my initial post, have edited.

I will be dropping corp when I get a chance to log on again. I have liked horde, even if I did just sit back and watch/listen while doing some mining.

Good people there but unfortunately being a part of horde does not suit my future plans of station trading in highsec (wardecs).

Zanar Skwigelf
HIgh Sec Care Bears
Brothers of Tangra
#6 - 2017-04-13 15:27:44 UTC
Amos Trax
Doomheim
#7 - 2017-04-13 15:33:48 UTC
Zanar Skwigelf wrote:
https://secure.eveonline.com/plex/


Sorry I don't understand? Are you proposing to lend me the $19.95 for a Plex?
I do not feel comfortable doing any sort of trading with real money and other players.
If you would like to purchase the Plex and then lend me the ISK that would be better imo.



Apologies if that sounds naive, was just responding with sillyness to sillyness.

I am well aware of Plex and the place to buy it. I would rather save my real money to spend on things like my family.
Myriad Blaze
Common Sense Ltd
Nulli Secunda
#8 - 2017-04-13 15:50:37 UTC
Amos Trax wrote:
I will be dropping corp when I get a chance to log on again. I have liked horde, even if I did just sit back and watch/listen while doing some mining.

Good people there but unfortunately being a part of horde does not suit my future plans of station trading in highsec (wardecs).


Wardecs getting in the way with station trading... yep, that's totally plausible. Roll
William Ormono
Reason Will Prevail
#9 - 2017-04-13 16:22:12 UTC
Myriad Blaze wrote:
Amos Trax wrote:
I will be dropping corp when I get a chance to log on again. I have liked horde, even if I did just sit back and watch/listen while doing some mining.

Good people there but unfortunately being a part of horde does not suit my future plans of station trading in highsec (wardecs).


Wardecs getting in the way with station trading... yep, that's totally plausible. Roll


As he said, he's new to Eve. I assume he mistook station trading with regional trading. If not, you are correct and Roll is the proper response.
Amos Trax
Doomheim
#10 - 2017-04-13 16:40:01 UTC
Myriad Blaze wrote:
Amos Trax wrote:
I will be dropping corp when I get a chance to log on again. I have liked horde, even if I did just sit back and watch/listen while doing some mining.

Good people there but unfortunately being a part of horde does not suit my future plans of station trading in highsec (wardecs).


Wardecs getting in the way with station trading... yep, that's totally plausible. Roll



Flying between perimeter and Jita is usually suicide if you have active wardecs I am led to believe.
While not technically station trading. Setting up buy orders in perimeter for 1 jump range saves me over 2% of the buy price for every transaction.
It doess involve some flying though when the buy orders get filled outside of Jita 4-4, hence the risk of wardecs.
Myriad Blaze
Common Sense Ltd
Nulli Secunda
#11 - 2017-04-13 18:22:18 UTC
Amos Trax wrote:
Myriad Blaze wrote:
Amos Trax wrote:
I will be dropping corp when I get a chance to log on again. I have liked horde, even if I did just sit back and watch/listen while doing some mining.

Good people there but unfortunately being a part of horde does not suit my future plans of station trading in highsec (wardecs).


Wardecs getting in the way with station trading... yep, that's totally plausible. Roll



Flying between perimeter and Jita is usually suicide if you have active wardecs I am led to believe.
While not technically station trading. Setting up buy orders in perimeter for 1 jump range saves me over 2% of the buy price for every transaction.
It doess involve some flying though when the buy orders get filled outside of Jita 4-4, hence the risk of wardecs.


I cannot help it, but the more you try to explain why you can't do one thing or another, including your ingame-mail that I just read, the more I'm led to believe that you are trying to pull off a scam here.

For example, when you say ā€ž [ā€¦] saves me over 2% of the buy price [...]ā€œ the wording is somewhat peculiar imho. This is what an experienced trader with proper skills and standings might say. For a new character it's 3% or at least almost 3%. Even with maxed Broker Relations it's still 2.5% and I don't see that on a 4 week old toon.

Also the argument of buy orders getting filled outside Jita requiring you to fly around is bogus. Yes, it might happen once in a while, but it's so rare that it's negligible. Even if it happens you could contract it to a neutral alt and move it that way.

Furthermore you seem to know about offshoring orders and from your ingame-mail I get that you also know about the margin trading skill (which is a bit unusual for new characters). But at the same time you are ignoring all the remote trading skills which would further reduce any need for moving your trader at all.

Besides, you claimed you made 200m ā€œjust from tradingā€ in your original post. Apparently being in PH wasn't a problem then.

Changing your story in your ingame-mail doesn't help either. Especially the part about your RL friend who lent you 50m to bring you to 200m and who doesn't have enough to lend you more so he suggested MD.

And while a wardec might be inconvenient when you move through The Forge, it's not suicide with the necessary precautions. But I think you knew that already.
Zanar Skwigelf
HIgh Sec Care Bears
Brothers of Tangra
#12 - 2017-04-13 19:43:05 UTC
Amos Trax wrote:
Zanar Skwigelf wrote:
https://secure.eveonline.com/plex/


Sorry I don't understand? Are you proposing to lend me the $19.95 for a Plex?
I do not feel comfortable doing any sort of trading with real money and other players.
If you would like to purchase the Plex and then lend me the ISK that would be better imo.



Apologies if that sounds naive, was just responding with sillyness to sillyness.

I am well aware of Plex and the place to buy it. I would rather save my real money to spend on things like my family.



And there is the beauty of telling you to just buy PLEX and your response that my suggestion is 'silliness'

Buying a plex yourself gives you twice the isk you are asking for, with none of the complexity or risk that asking for a loan on MD would provide. It gives you the instant access to isk you are looking for, with lower costs than a loan.

I offer you a simpler solution than a loan and I'm asking you to put skin in your own game, and you call it 'silliness'
Amos Trax
Doomheim
#13 - 2017-04-13 19:48:15 UTC  |  Edited by: Amos Trax
Quote:

I cannot help it, but the more you try to explain why you can't do one thing or another, including your ingame-mail that I just read, the more I'm led to believe that you are trying to pull off a scam here.

For example, when you say ā€ž [ā€¦] saves me over 2% of the buy price [...]ā€œ the wording is somewhat peculiar imho. This is what an experienced trader with proper skills and standings might say. For a new character it's 3% or at least almost 3%. Even with maxed Broker Relations it's still 2.5% and I don't see that on a 4 week old toon.


Sorry I didn't have the exact figures as I also mentioned I am at work and can't get in game to check.
Quote:

Also the argument of buy orders getting filled outside Jita requiring you to fly around is bogus. Yes, it might happen once in a while, but it's so rare that it's negligible. Even if it happens you could contract it to a neutral alt and move it that way.


Not that rare probably 1 out of ten of the items I mentioned have been sold to me outside of Jita. But thankyou for the suggestion about a neutral alt I had not thought about that.

Quote:


Furthermore you seem to know about offshoring orders and from your ingame-mail I get that you also know about the margin trading skill (which is a bit unusual for new characters). But at the same time you are ignoring all the remote trading skills which would further reduce any need for moving your trader at all.



I do indeed know about the skill which allows me to set up a buy order in a different system. It was more the issue of travelling with the items rather than travelling empty that was my issue, but as you mentioned having a neutral alt will alleviate that issue, thankyou again.

Quote:


Besides, you claimed you made 200m ā€œjust from tradingā€ in your original post. Apparently being in PH wasn't a problem then.

Changing your story in your ingame-mail doesn't help either. Especially the part about your RL friend who lent you 50m to bring you to 200m and who doesn't have enough to lend you more so he suggested MD.




I haven't traded much higher value items like the ones mentioned in my mail to you earlier so have not felt the need to 'offshore'. But the brokers fees on those items are too much for me to handle at the moment. Hence the reason I am expanding from station to surrounding systems.
I didn't realise that would be construed as changing my story, I am sorry.
I did not feel that mentioning a previous loan without having any proof of it would help my cause in the original post. I only mentioned as that is where I found out about the forums, and that you could look here for a loan.



Quote:

And while a wardec might be inconvenient when you move through The Forge, it's not suicide with the necessary precautions. But I think you knew that already.


If you are talking about inst-dock/undock yes I do know about them. But running on a laptop that is powered by nothing but a tired hamster creates such a lag in and around Jita that I would not want to risk it.


But your suggestion of a neutral alt alleviates all those issues. I would not even need any skills, the rookie ship should be enough to carry what I need around the couple of systems. Again thankyou.


And while I am glad you are providing suggestions and help it can possibly be worded a bit less aggressive? I don't really know how to say it.
I'm not demanding you give me money, I'm happy to answer questions, I'm more than happy to receive suggestions and ideas like the many you have already provided.
But your last post especially felt like you were on the attack.

While I understand the reason behind it, many people have said that scammers come here often to get easy isk.
It can be a little disconcerting for someone not really experienced with the Spanish inquisition.
Again I'm not saying stop, just maybe try and word it a bit nicer.
Amos Trax
Doomheim
#14 - 2017-04-13 19:54:48 UTC
Zanar Skwigelf wrote:
Amos Trax wrote:
Zanar Skwigelf wrote:
https://secure.eveonline.com/plex/


Sorry I don't understand? Are you proposing to lend me the $19.95 for a Plex?
I do not feel comfortable doing any sort of trading with real money and other players.
If you would like to purchase the Plex and then lend me the ISK that would be better imo.



Apologies if that sounds naive, was just responding with sillyness to sillyness.

I am well aware of Plex and the place to buy it. I would rather save my real money to spend on things like my family.



And there is the beauty of telling you to just buy PLEX and your response that my suggestion is 'silliness'

Buying a plex yourself gives you twice the isk you are asking for, with none of the complexity or risk that asking for a loan on MD would provide. It gives you the instant access to isk you are looking for, with lower costs than a loan.

I offer you a simpler solution than a loan and I'm asking you to put skin in your own game, and you call it 'silliness'


I was more saying it was silly expecting someone to not know about Plex. It's in your face when you sign up for the game, then everytime you use the launcher.

As I said I am aware of Plex but do not feel the need to spend real money.

I think I should point out this is just a request, if it doesn't get filled nothing lost, if it does then 2 players have made some isk.
I'm not demanding isk, just asking for a loan.
Amos Trax
Doomheim
#15 - 2017-04-13 21:19:44 UTC
As mentioned to myriad and William in pm, I have thought about the loan request while at work and I will withdraw this request.
It seems I posted at the wrong time of day/week/month as looking back through some loans previously people don't see to run into too much aggression.

https://forums.eveonline.com/default.aspx?g=posts&t=511903&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=510749&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=513206&find=unread
https://forums.eveonline.com/default.aspx?g=posts&t=511903&find=unread

However I would like to thank most of you for the helpful suggestions, I will be sure to use them.in the coming weeks and months.
And thankyou for the polite discussion from most of you, and I would like to definitely not thank the aggressive pushback I got from some. While I understand your position I don't feel the attitude was warranted and that is the only reason I am withdrawing this request.
I am hoping I just tried at the wrong time and will come back in a month or two and try again, depending on how my trading is going.
Krysenth
Saints Of Havoc
#16 - 2017-04-14 03:28:34 UTC
Amos Trax wrote:
I would like to definitely not thank the aggressive pushback I got from some

Think of it as another form of pvp. You merely lost this fight this time.
Obsidian Blacke
Viziam
Amarr Empire
#17 - 2017-04-14 04:24:07 UTC
And now he's playing the victim. Tired tropes are tired.