I started this journey half a year ago. My low sec / wormhole corp had fizzled into inactivity due to school and an assortment of real life commitments. Once gear was shipped back to Empire to be mothballed, I thought about doing the one thing I hadn’t really experienced in the game – trading.
When I first started these articles, it never crossed my mind that anyone would actually bother to read them. The market is not sexy, it’s not exciting, there’s no appreciable amount of intrigue. It’s all numbers and graphs. I intended these to be a personal training tool, a way for me to recall methods so I could refine them in the future. That’s why I’m that much more thankful to the readers that have shared in our adventure these past couple of months. Now let’s take a look back at where we were, where we are now, and where we’re headed.
In just six short months, we managed to make significant gains with the help of our investors. It’s through their contributions that we were able to steadily amass wealth. We were never a high percentage profit operation. These gains scaled with the added funding we received. Of course I’m not the first one to develop this practice. Long before my time, traders have been posting in the official forums about investment schemes, IPOs, and bonds. However, I have yet to come across a setup that is similar to what we employ. That’s a shame really. You would never think it, but there are many players out there that would be more than willing to support entrepreneurs in the game – you just need to have a plan and show a level of competence.
Our investors are very important to us. We do our best to be clear in our intentions and open to criticism – the latter has been the driving force of the flexibility that we have exercised in order to adjust to varying market conditions. Let’s see what our investors have gained by taking advantage of the services that we provide.
We have omitted the identity of our investors. They come from all walks of life in the game – fellow alliance mates, media personalities, null sec leadership, explorers, and some were even absolute strangers when we first met. We are effectively an NPSI group.
In total, we have paid out over 100 billion ISK. Some have even already managed to double their money. As a suggestion from one of our investors, we also implemented a compound interest plan. We have not yet paid out from this plan but the group that utilizes it is definitely pending a big payday.
Currently, we have reached the point where I have unfortunately had to turn away potential investors. With our current weekly payout scheme, it is simply too burdensome to add significant amounts of money to what we are already working with without affecting our efficiency. You can see from previous articles exactly what we have been trading – from high-value RMT portfolios to meta modules. Relative to our funding, we are not utilizing as many order slots as you would think. However, that’s more a factor of not doing too much that would cause burn out.
As luck would have it, I finally found the missing piece that would help us overcome this barrier. For a while now I have been seeking other traders to help me with the operation. In order to mitigate risk of exposure of the investor funds, I will act as intermediary between their money and other traders. I will assume all risk at this point.
I was contacted by a player who inquired about the investment group. Unfortunately I had to tell him that I could not receive additional funds at this time. He was a trader himself, so I replied with an offer to help me work the market. It’s a relationship without superiors, it’s a partnership. I’m very excited to work with this player especially since he seems to trade items that I normally don’t engage. If this works out, then rest assured I will be seeking out other traders so that we can combine our efforts to manage even larger sums of money for the benefit of all.
We started this journey alone, but now we’ve managed to collect a respectable cast of characters whose experience and points of view will enrich everyone’s game experience. We’ll take it one day at a time, but I have a feeling we’re on to something here. It isn’t often that so many varied players come together towards a common goal. Wherever we may end up, I’m glad to be there for the ride.
Investment Group Update
Another slow week for most active traders in the leader board. It’s been a while since we’ve seen an expansion of this magnitude, so that’s not very surprising that many are reserving to hold on to their funds until new content comes on line. I imagine market activity will pick up again once the alphas are here.
With the addition of a new trader to the group, that should add to the scope of items we trade. He’s a fast action trader, much like I was when we had less capital to work with. That will pair well with the slower-moving items we’ve adapted to in the last few weeks.
I also had the opportunity to test out more functions of the Trade Network tool. This has already been integrated into the Eve Mogul website. I will report on these functions and applicability in a future article.
Now let’s see how we did this trade week.
We executed on another diverse list of orders this week. Our orders of modules cycled pretty quickly. However, I think we didn’t do enough RMT portfolio trades. This is mostly because of the over-bought signals of PLEX and injectors. But after reviewing these charts more carefully, PLEX seems to have been in a volatile state for an extended period of time. This volatility unfortunately caused us to hold off on acting on this item.
Now that we’re back to playing high volume module trades, I’ve been investigating the margins in the Dodixie / Hek / Rens areas again. As expected, they’re very generous. With some of the pressure relieved by having someone help me with completing trades, I should have more time to export to these hubs more frequently.
Thanks for reading. Good luck and happy trading.