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 ...
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...
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...
PCT means percentage or percentage market value for an item. After you have scanned with auctioneer enough you will have an accurate PCT for...
Engineers have always been on the short end of the stick when it comes to gold making. During the burning crusade and wrath expansions...
Learn world of warcraft bidding practices in this article that will help you win bids more frequently. Here are the four categories you w...
Of all my posts at Just My Two Copper , I think that this farming spot is going to excite my hunter readers the most. In this article I am ...
Don't forget to pick up the best farming trinket in the game. 1. Fire Revenants of Stormpeaks Eternal fires remain the most expens...
Are you being pushed out of a market by a bully? Are you new to the auction house? Is there someone on your server who's literally swimm...
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...