There is nothing from the Gold Goblin tool box that beats experience. From the upside of getting a big score for a sale, to the downside of an investment gone horribly wrong.
To get that experience takes a combination of trial and error. The reality is that as a starting Gold Goblin you will make mistakes. You will at some point sell an item for less than you put in to craft it. You will get a rare drop that will sell for much less than someone would have bought it.
How do I know this? Simply from experience. In my own personal Gold Goblin career I have made every mistake in the book as well. A valuable lesson was learned with each mistake. Learning from your mistakes is a major key in becoming a stronger and wiser Gold Goblin.
As you go start through your weekend of crafting, farming, flipping and selling. Be prepared to learn from both your successes and your failures. And each time you pounce on someone Else's mistake, remember that hopefully that is an error that you won't ever repeat.
There are 5 mistakes that Gold Goblins make:
1. Underselling a valuable item
2. Crafting at a loss
3. Mismanagement of inventory
4. Loss of a sale due to motivation
5. Forgetting to read every day JMTC (okay, had to throw in a plug there)
All of these are self explanatory. They all involve staying on top of your game and sharpening your skills. Take chances, learn from your mistakes and always have fun. It is a game you know.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Farming Post Patch 5.1
The Hours of Power
Profit Calculation 101: GPH
THIS IS GOLD MAKING!!!!
Prepping For Darkmoon Faire
Limited Item Is My Favorite Word
Patch Me Now
Old World Farming
Shake Off The Bad Days
Secret Of My Success.html
Know Their Roles
Flipping Off The Competition
Kyparite: The New Pyrite
Pilgrim's Bounty For The Educated
Is Your Cartel Happy?
Brawlers Guild: Your Killing Us Here
Change of Scenery
Mists of Pandaria in 5 words
There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
This post was submitted by Alisha as her application to write here at JMTC. If you enjoyed Alisha's post then please give her a thumbs u...
Hey Markco, Just wanted to tell you another gold tip. With patch 3.1 the JC pattern Citrine Ring Of Rapid Healing no longer requires 2 elem...
As players start to progress towards the ending of an expansion. The normal routes towards gold making start to slow down or dry up. ...
During November the powers that be announced that Warlords of Draenor would have some major changes to professions. Jewelcrafting recei...
Mommar here. This weekend was relatively successful. As with many weekends the bulk of my gold ends up being purchased from weekend ...
PCT means percentage or percentage market value for an item. After you have scanned with auctioneer enough you will have an accurate PCT for...
I always feel sorry for the guy who 'just misses' getting to a rare mob on Timeless Isle. Most players who have done any time ...
You should reset the data of your addons once in a while. Why? Things get outdated, their prices change and after a while you'll look at...
Mommar here. I was puttering around Azeroth, finishing up the Midsummer Fire Festival quests of peeing on the flames of the opposing...