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next steps after reaching your limit?

Author
Zosius
The Nordic Associates
Insidious.
#1 - 2013-03-26 12:03:49 UTC
Hello everyone,

So I decided to give it a shot and see if I can hear some good suggestions or ideas on what to move on next to increase my income.

A little about me: I’ve started trading around 5 months ago, balls to the wall style I threw myself to Jita wolves with all of my 25 bil liquid capital, despite many suggestions on starting smaller. And boy, what experience it was. Despite reading many guides, getting as much knowledge as I could, the start was bumpy, so to say the least. Lost pretty isk on many deals, got outbid everywhere and had “I have no idea what I’m doing” feeling for quite some time. On top of it, I have not seen positive green numbers in my reports for probably first few months.

Time passed, after sticking with the plan, after many trials and errors, experiments and such, it seems i found “my way” of trading. Currently I net around 1-1.5 bil a day with just one time update per day, putting 2-2.5 hours into it. After reaching my personal goal – 100bil mark and having income “stabilized” at what is now, i can’t help but feel I ran into wall of stagnation and need a new challenge, a new goal.

So here I am, at the crossroads where either I cut everything in half putting only 1 hour to trading and the rest dedicating for shooting spaceships. Or I find an activity where I put extra hours during the weekend and start making something more than just station trading.

I was thinking on trying market manipulations, but for a business man, that likes to weight the risk, this part seems with too big of potential losses to learn the ropes. Then I’ve considered capital ship/component production, but after drafting activities seems there is quite heavy need of time investment. And when it comes to ISK, time is money. I either become efficient with satisfying isk/hour or drop the activity.

Would love to hear other people stories who were in similar situation. I don’t expect anyone to spill out a business plan for me. I merely want to see what’s out there and hear everyone's opinions.


Z
Princess Saskia
Hyperfleet Industries
#2 - 2013-03-26 12:24:04 UTC
Convo me ingame, there are things to do to increase your limits but then again its risky buisiness.

 ♥