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30 day 300 M no-collateral loan - 10%

Author
Insanity Happens
Ministry of War
Amarr Empire
#1 - 2012-05-09 09:02:08 UTC  |  Edited by: Insanity Happens
Hi,

I've started this char to get into some station trading / production (it's at 2.5 mil SP now with good trading skills). I have some experience with it and am now turning in about 5-10% (it's only because I can only deal with few products) a day, but my budget atm is around 60 mil. Problem is, atm I have about 350mil stuck in nullsec in sell order for some ships I delivered to my alt and I feel like stuck and not making money cause I've put all my money into few products that are taking time to sell I see.

I have lots of spare time to do station trading and can do this occasionally from work.

Only guarantee I can give to the investor is - api key info for this char. My alt is in an well known nullsec corp (not goons :) ). I can give you limited api key access but only for a limited period

In cause of failure I'll be purchasing a GTC.

If you have any questions feel free to ask.

P.S. Interest will be at 10% - corrected
Johnny Frecko
Federal Navy Academy
Gallente Federation
#2 - 2012-05-09 10:56:08 UTC
"I have some experience with it and am now turning in about 5-10%"

"P.S. Returns will be at 10%"

Hmm, Things don't add up..
A trader with 2.5M skillpoints should be doing around 40% on his initial capital daily if he's active and under 50M isk.
even if i cut that down to 1% daily the numbers still don't add up.

two huge problems:

1)you're offering the same returns as the ones you're making on the high-end(10%)
2)you plan to pay back in GTC in case of default.

Doesn't look good mate.

Johnny
Florestan Bronstein
Ministry of War
Amarr Empire
#3 - 2012-05-09 11:03:20 UTC
Johnny Frecko wrote:
"I have some experience with it and am now turning in about 5-10%"

"P.S. Returns will be at 10%"

Hmm, Things don't add up..
A trader with 2.5M skillpoints should be doing around 40% on his initial capital daily if he's active and under 50M isk.
even if i cut that down to 1% daily the numbers still don't add up.

two huge problems:

1)you're offering the same returns as the ones you're making on the high-end(10%)
2)you plan to pay back in GTC in case of default.

Doesn't look good mate.

Johnny

interest is usually per month, trading returns are per day
Insanity Happens
Ministry of War
Amarr Empire
#4 - 2012-05-09 11:19:28 UTC  |  Edited by: Insanity Happens
Johnny Frecko wrote:
"I have some experience with it and am now turning in about 5-10%"

"P.S. Returns will be at 10%"

Hmm, Things don't add up..
A trader with 2.5M skillpoints should be doing around 40% on his initial capital daily if he's active and under 50M isk.
even if i cut that down to 1% daily the numbers still don't add up.

two huge problems:

1)you're offering the same returns as the ones you're making on the high-end(10%)
2)you plan to pay back in GTC in case of default.

Doesn't look good mate.

Johnny


It's not about the SP, it's about the experience. This char was setup before the SP reimbursement for learning skills, it wasn't supposed to be a trader. I reactivated it after the SP reimbursement and allocated most sp into Industry / Trade.

Someone with very good experience, sure, can make probably 40%. Maybe I will too, but I can't guarantee 40%, I can guarantee 10% though.

Again, I do not have the experience to say 100% I won't default, if I do however I'm prepared to purchase 1 GTC, convert into 2 plex, apply 1 to this account and sell 1 for returns to investor.

My terminology may be off: I make about 5-10% / day profits based on my 60 mil investment
Johnny Frecko
Federal Navy Academy
Gallente Federation
#5 - 2012-05-09 13:07:14 UTC
Doesn't take much experience to get into the 30% daily with very low amounts of isk.

infact your path from 60M to 300M is around 10-12 days away.
Some isk is better earned than leveraged.
In my opinion at least.

After 1-2 days of active trading you can easily pop the 40-50% daily returns, until you saturate your orders at least. then it goes down :)
Best of luck though!


Insanity Happens
Ministry of War
Amarr Empire
#6 - 2012-05-09 13:22:31 UTC  |  Edited by: Insanity Happens
Just because someone won't fill in my loan won't mean I won't continue to trade with my current isk. But I can always try to increase my capital.

Margin trading skill book alone is almost 20 mil in Jita, today that alone would cut seriously into my already limited capital.
De Guillaume
THORN Syndicate
Northern Coalition.
#7 - 2012-05-09 13:28:20 UTC
you know what dude, screw them, i believe in you, just like obama said, YES YOU CAN. UghUgh

i will fill the whole 300m isk and only ask for 5%


i will log on later tonight and send u isk


Has you ever went so far as chose to go even use want to look more like do?

Insanity Happens
Ministry of War
Amarr Empire
#8 - 2012-05-09 13:33:54 UTC
Much appreciated than.

With that in mind I will take Guillaume's Investment at 5% - maximum 30 days.

"mini"-bond filled
De Guillaume
THORN Syndicate
Northern Coalition.
#9 - 2012-05-09 21:34:47 UTC
isk sent

Has you ever went so far as chose to go even use want to look more like do?

Insanity Happens
Ministry of War
Amarr Empire
#10 - 2012-05-09 21:45:15 UTC
confirm isk received.

ty.
Insanity Happens
Ministry of War
Amarr Empire
#11 - 2012-05-11 07:40:24 UTC
I've received a message from someone who wanted to invest. After the first day these are the 'results':


first day of trading

60 mil - my starting isk
300 mil - De Guillaume's investment
190 mil - Isk from ships sold ( isk I had stuck in null sec )

Aside from that I have another 215 m in products ( production price ) being delivered to Jita "soon".


transactions

This includes:
35 mil spent on some skillbooks
215 m spent on materials for production

I think my profits for the first day are ~200.000.000
De Guillaume
THORN Syndicate
Northern Coalition.
#12 - 2012-05-11 12:58:09 UTC
Insanity Happens wrote:
I've received a message from someone who wanted to invest. After the first day these are the 'results':


first day of trading

60 mil - my starting isk
300 mil - De Guillaume's investment
190 mil - Isk from ships sold ( isk I had stuck in null sec )

Aside from that I have another 215 m in products ( production price ) being delivered to Jita "soon".


transactions

This includes:
35 mil spent on some skillbooks
215 m spent on materials for production

I think my profits for the first day are ~200.000.000


nice work

but i swear there is a tool u can use, that someone made, u enter ur API and it tracks everything for u much better. and it also track it monthly, so people can see how well you do over time and compares u with others.

can't remember what it was called but its differently posted somewhere in the forums.

Has you ever went so far as chose to go even use want to look more like do?

Insanity Happens
Ministry of War
Amarr Empire
#13 - 2012-05-28 18:07:28 UTC
Thanks De Guillaume.

Isk + interest sent.