How i made 300 gold & 70,000 gems -- Trading Post (1g startup - not too time intensiv menu

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  1. #31
    DNASt1st's Avatar Member
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    i'm very confused about this whole thing, everything i see sells for 1copper more then vendor prices. why would you buy something that sells 1 copper more then vendor price? or is there other things? all rank 30 greens i see are say selling 94copper but i can vendor for 93. this is why i vendor every drop i get other then my yellows from farming dungeons witch doesn't make me much at all either. what am i missing or do i literally gotta go threw all the greens and find the few that might get lucky or something?

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  2. #32
    notorious879's Avatar Member
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    Hello, i would like to answer to that post.

    First of fall, excuse me for my english, not my native language.

    I've read that thread for 45 min to be sure to good understand it.

    And its totally working. I made profit, at 100% of the time, but the problems is that the items take manny times to go in our buyed items.

    I mean, for 300-500 Items on what i put auction, i get maybe 2-5 items every 2 hours, its very less...

    Anyway thats a sure way to make monney. Not really fast, but sure.

    Thanks.

  3. #33
    zyreon's Avatar Private
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    I've been doing this for a week now (thanks for the guide btw), and i always get about 20 items out of 80 buyorders in just 3-4 hours. If you just get 2-5 out of 300-500 buyorders, you are either doing something wrong with the price, or your market is just not popular enough. I'd suggest you try some other items.

  4. #34
    notorious879's Avatar Member
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    What items do you make for that tips? I can try too if u autorize me to know? Thanks for the answers btw.

  5. #35
    pauk's Avatar Contributor
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    just the specified items, so go green highest price in that category and than just offer 1 more than the highest bidder when there is profit to be made

  6. #36
    Kelz's Avatar Sergeant Major
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    Just tried this a few minutes. While placing my buy orders I had time to sell bak 4/5 items (and placed a total of 60 items) for a whole time frame of 15 minutes so, pretty cool

  7. #37
    Wuchscht's Avatar Banned
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    Thank you! sweet little guide

  8. #38
    22sg22's Avatar Private
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    Indeed this guide is somewhat helpful.

  9. #39
    pauk's Avatar Contributor
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    btw the little effort thing int really true, i spend quite some time putting all my stuff back on AH

  10. #40
    akosimhac18's Avatar Member
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    This is not advisble atm. the listing fee will not back if you cancel the item

  11. #41
    z1tecH's Avatar Banned
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    Great guide! thanks

  12. #42
    abstractworld's Avatar Sergeant
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    I don't quite understand this. I've bought tons of greens and sold them for about double the price for each green and I spent around 1g. I ended up losing 20s through the whole process. I checked my history and all my items sold were sold HIGHER than I bought them.. :confused:

  13. #43
    xvmon's Avatar Private
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    Originally Posted by abstractworld View Post
    I don't quite understand this. I've bought tons of greens and sold them for about double the price for each green and I spent around 1g. I ended up losing 20s through the whole process. I checked my history and all my items sold were sold HIGHER than I bought them.. :confused:
    you have to include listing fees+sale fees. Selling Price- Cost Price - listing fees - sale fees = -20s

  14. #44
    trubshaw's Avatar Private
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    Market Manipulation

    This is a basic commodity trading technique called market making and is how banks make money from buying and selling stock. Two criteria need to be met:

    1. The market spread (difference between buying and selling price) is big enough to cover transaction costs.
    2. The market is liquid enough (there are sufficient people buying and selling the same commodity).
    3. You can place bids (to buy) and offers (to sell) easily and quickly.

    Basically one chooses a commodity, places bids just above the buy price and offers just below the sell price. Over time buyers and selllers will hit your bids and lift your offers and you will make profit where the buy and sell volumes match.

    The risk is that you end up with more sells than buys (or vice versa) or become a sink for the commodity. It is therfore important to choose a commodity which is activly bought and sold.

    It is only a matter of time before the gold miners have bots doing this automatically. (Just like banks do in the stock markets.)

    One other technique being discussed is to make the market appear to have more sellers than buyers by selling or buying a large volume of commodity to make the market price appear falsely high or low. This is illegal in most stock markets and a very risky proposition in games where markets are controlled.

    And lastly one can attempt to gain control over a commodity in the market by buying all the available stock. One can then attempt to sell the stock back at a higher average price. This is not recommended.

    Trubs (Energy market trader)

  15. #45
    SKODGEDEN's Avatar Banned
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    anyone been flipping at the lower lvl ranges these days? Is it still worth it ?

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