tag:blogger.com,1999:blog-2493251108490037524.post230500381925580877..comments2012-02-07T23:08:39.701-05:00Peng Joonhttp://www.blogger.com/profile/17718934776278291514noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2493251108490037524.post-54577487590995530392012-02-06T14:52:13.487-05:002012-02-06T14:52:13.487-05:00I have successfully used this strategy for months. I&#39;m active in Enchants, Gems, Armor (all varieties), bags--just about any crafted item.<br /><br />While setting parameters is necessary, these should be based on a player&#39;s risk tolerance, rather than an arbitrary &quot;6&quot; or &quot;15&quot; units. I have bought as many as 25 gems to force a reset on that particular cut, and I made a profit on each individual sale.<br /><br />Knowing the item&#39;s market and sales cycle is the key.<br /><br />For example, I know that orange and purple gems sell at a certain rate on raid nights. The cuts on which I focus sell well at 85g to 100g ea. When market competition results in prices around 35g (or less) I buy anywhere from 5 to 15 of the lower prices to force the reset. With a clean board, I list three singles at 115g to 125g. Every 10-15 minutes for the next two hours I cancel and re-post to keep my gems &#39;hot&#39;.<br /><br />Some sell at that price. Other players undercut me and grab a few sales. When the dust settles for the night, prices stabilize near the usual 85g to 100g. <br /><br />If I sell all 5-15 of each gem I made a profit of 50g to 75g each. If not, I can hold them for later. As long as I can sell them above 35g I still make a profit. <br /><br />Note two important concepts here.<br /><br />First, having sufficient storage space is critical. Buying cheap items to sell later works great until you run out of slots in your favorite guild bank.<br /><br />Knowing your floor price is also vital in this process. Holding 20 gems bought for 10-15g each for days, weeks or months is useless if you end up selling them for 13g each instead of 35g each. <br /><br />Just more food for thought: what about the opportunity cost you can save? Think about how much time it takes you to prospect ore, transmute green gems to blue quality, cut them, etc. <br /><br />If a 5,000g investment in ore yields XXX raw Orange and Purple gems, maybe your time is better utilized by farming the AH. True, you will get Reds and other colors when you prospect, but if you divide the profit earned by the time invested is the &quot;prospecting&quot; ratio better than the &quot;farming the AH ratio&quot;?Kammlerhttp://www.blogger.com/profile/14052373093776001210noreply@blogger.comtag:blogger.com,1999:blog-2493251108490037524.post-61150305755500174162012-01-19T00:48:18.460-05:002012-01-19T00:48:18.460-05:00Taking it all in. Nice to see some basic gold tips written in so fine. Or as you call it: Building a toolbox from which to get the proper knowledge into the AH-game. I&#39;ve decided to play casually, but smart and patiently. Still gonna use the recipe+some vendor items-&gt;sell at AH for easier gold. There was once one on trade chat wondering where all the copper rods had gone. Starting selling them again and: Voila. Suddenly the AH was filled with Copper Rods again. I made quite a few Gold back then before the inevitable saturation.Anonymousnoreply@blogger.com