Wednesday, October 19, 2011

Stockpiling Totals + Meta Gem Resets

I'm continuing to stockpile some mats for 4.3. I haven't really sold off many gems yet because the market price for reds is simply not worth it. Every once in awhile I can snipe a few sales on expensive orange and purple gems that I'm scanning. Some people have tried to reset the various colored gem markets, but have failed mostly. Each time they try to reset particular cuts to 175-200g, they are immediately cut and walled below 120 again. I think that's a perfect lesson in what NOT to do in the gem market. Resetting is an extremely risky maneuver that can probably only be pulled off on server resets and at odd hours. There are simply too many players that sell gems for that to work. Ultimately though, if you are going to fail on resetting gem markets, now is the time because the prices will inevitably climb and your purchases can improve your stockpile.

On that note, one thing I have begun doing is resetting meta gem markets late at night and making some pretty good profits off it. The meta gem market on my server varies anywhere from 100g-300g a cut depending on the day. In all honesty, the prices are extremely random, which makes it an exciting prospect. Shadowspirit diamonds are an awesome buy-cut-sell market too. The margins between raw gems and cut gems are typically very small, enough so that it dissuades buying and cutting them. However for meta gems, you can still buy them ~100g and sell them anywhere from 150-300g as I mentioned before. Even if they don't all sell at the price you want, you can still wait to sell them in the future or sell them in 4.3, where prices are guaranteed to be higher.

Stockpiling Totals as of 10/19

  • 975 inferno rubies
  • 600 ember topazes
  • 650 demonseyes
  • 775 shadowspirit diamonds
  • 1000s of yellow, blue and green gems
  • 1100 greater cosmic essences
  • 300 maelstrom crystals
  • 175 heavenly shards
  • 53 jewelcrafting tokens
  • 29 dreamcloth
  • 350 bolts of embersilk cloth
  • 750 volatile air
  • 600 volatile water

Friday, October 7, 2011

WoW Update and Making Money off Leveling Mats

Just wanted to give a shoutout to my guild for finally killing Heroic Rag 25 (US 53rd, World 196th). We finally killed him this Wednesday after a 2 month progression on him, spanning over 250 wipes. For those just starting work on him, don't get discouraged. It will take a lot of experimenting and "strategery" to find a way to get to phase four, and then ultimately a ton of practice and failing in p4 itself before you get a kill.

Firelord Theodos
                                                                     
In other news, I have continued selling gems and scrolls (not so much scrolls since the prices have been dropping) as I would post-patch. I've made some serious gold off morons who have tried to reset the red gem market repeatedly, with one person buying up two gem walls of 25 gems each to move the price. I've also been trying to monopolize the server's ore market, buying up all the AH ore at low prices and PMing the botters to sell to me permanently. So far, I've gotten 3 new suppliers after only a day of work with it. Ultimately my goal is to cut the AH supply of ore so that gem prices will continue to rise. I see it as a win-win because it inundates me with cheap supply for stockpiling as well as supply to continue cutting gems for higher profit on the AH.

One thing I did want to talk specifically about in this post though, is making a profit off leveling mats for various professions.

Pre-patch is a time where people choose to level alts' professions for several reasons, among them being:

  • People are likely leveling and gearing up their alts already to catch the end of nerfed Firelands content and potentially make main changes going into 4.3. The PvP community will likely be refocusing their attention back to their mains to make late season pushes, but for the majority of the PvE community, this is the best time to get an alt geared up. BoEs are cheaper than ever, raids and dungeons have been nerfed to the ground, and there is an abundance of people bored with current content on their main character. 
  • Typically, most people who gear their characters at max level tend to level their professions at the same time. A level 85 without professions feels somewhat bare and incomplete without professions to accompany it. 
  • Mats are generally cheap now, especially mats for leveling 450-525. There's no reason to pay a premium for ore, herbs, leather and cloth post-patch when you can do it now for cheap. 
  • Now is the time when people are preparing to make GOLD post-patch. Some people are deciding to finally pony up and pay the costs of leveling a crafting profession with the knowledge that they can use that profession to not only cover their leveling costs, but also make good profits off it. 
So, with so many people deciding to level professions, there's only one thing to do: take advantage of the situation. The best method I have found to make money off leveling mats is to take a trip to http://www.wow-professions.com/. This handy site provides hands-down the best leveling guides on the internet. It not only gives step-by-step directions for leveling 1-525 in each profession, it also gives options for players if they reach a chokepoint in their leveling process. A chokepoint is basically a spot where there are no available resources for you to continue leveling on the AH. Since most players are lazy and refuse to actually look for alternatives, it's extremely easy to manipulate prices on these mats. Typically, the materials that most players have problems with are rare spawn ores and herbs (e.g. Goldthorn, Silver Ore). However, old world ores possess very volatile markets, which make them oftentimes difficult to find as well. Old world herbs are still farmed by some people because they are still valuable for inks. 

One way to manipulate the market for these materials is make an alert on http://theunderminejournal.com/ and add them to your snatch lists in-game. The best thing about these markets is that they are usually not camped, which makes them much easier to manage. They are also very easy to reset. A good strategy as well to employ when doing this, is to check out the shopping lists on wow-professions to see exactly how much of one material is needed to get past a chokepoint. Selling your items in stacks of the appropriate number will generate more sales. Selling in singles is also very profitable because people are often only required to gather 1-2 more of an item to get the single point they need to move to the next step in leveling. Logically, they will overpay for singles rather than buy a stack that will largely go to waste. 

In my experience, there are several items that have been very profitable:

  • Goldthorn: rare spawn herb that is needed to level alchemy
  • Cobalt Ore: needed by the truckload to level blacksmithing; the problem with Cobalt Ore is that people typically don't farm Howling Fjord or Dragonblight anymore, opting instead to farm Icecrown or Wintergrasp instead for Titanium and Saronite Ore. However, I have found on several occasions that people leveling mining will throw up a ton of stacks and dirt cheap prices just to unload them quickly. This is a great item to set alerts for because the volatility is extremely high. 
  • Runecloth/Mageweave: Tailors need TONS of runecloth to level. Runecloth is relatively easy to farm, but because of the quantity needed by tailors and it being used for turn-ins for city rep, it is snapped up quickly off the AH. Like Cobalt Ore, you can get it at dirt cheap prices though from levelers who pick them up from mobs and throw them on the AH to clear bag space. 
Depending on your server's economy, there are likely many other lucrative "chokepoint items" that you can make a profit from consistently. Become familiar with leveling mats and their markets, and you can stand to make a killing pre-patch with minimal effort. 

Saturday, October 1, 2011

4.3 Stockpiling vs. Current Production

Much like any other patch, I will be stockpiling heavily in the upcoming weeks (months). However, I have been having an issue regarding cost analysis and stockpiling. Before I go into this any further, I'll break down what I will be stockpiling:

Jewelcrafting

  • Red gems and orange gems (all uncut) as high priority
    • Red gems are pretty self-explanatory. With the new transmutes coming, red epic gems will be in high demand. Having 5 transmute alts, I want to be as prepared as I can to unload as many epic red gems as possible onto the AH. However, the majority of the raiding/PvPing community won't opt for epic gems because of the pricetag, which will keep prices on rare gems up.
  • Metas
    • Meta gems will also spike in price as they do each patch.
  • All other uncut gems
    •  I am stockpiling other uncut rares too because selling them now is simply not nearly as profitable as what I will be able to sell them for in 4.3. This also includes saving blue, green, and yellow uncut gems for PvP necklaces and rings when the new batch of PvP craftables gets introduced. 
  • Elementium/obsidium ore
    • Another self-explanatory item: ore. I've already prospected roughly ~1500 stacks of ore to produce gems and enchanting mats, but I'm also tucking away a few hundred stacks in case belt buckle prices jump or a new market develops from them. There is no reason to prospect everything this early.
  • Daily Tokens
    • Although new epic patterns likely won't be introduced via JC daily tokens, I am continuing to run the daily in case Chimera's Eye prices skyrocket. There is no downside to stocking up on tokens, so you might as well continue doing it. 
  • Carnelians/Heartblossom
    • The transmute elements for inferno rubies will be much cheaper now than after patch. I'm not stockpiling these mats, but rather buying them in bulk at discount and crafting rubies to stockpile.
Enchanting

  • MAELSTROM CRYSTALS!
    • Word has already hit the street on my server to start stocking up on these for the patch, but I was still able to snag a solid stockpile once news of the Shatter popped up. Demand for crystals will grow exponentially with the patch.
  • Heavenly Shards
    • Even though these will likely be driven down in price, that does not mean they are not worthy investments. High-end enchanting scrolls will still need them and the manner by which I acquire them now does not require me to pilfer them off the AH. I get the entirety of my Heavenly Shard supply from the shuffle and Stormforged Shoulders.
  • Greater Cosmic Essence
    • Self-explanatory. Essences are required for almost every relevant end-game/PvP enchant in the game. The market for GCEs has been relatively volatile in the past month, with price swings on my server from 40-70g.
Tailoring

  • Dreamcloth
    • BoE raiding gear will require Dreamcloth as a primary material. Right now, the only thing Dreamcloth is really useful for is selling spellthreads and the occasional BoE if prices are right. Margins will be much higher with 4.3 on Dreamcloth.
  • Embersilk Cloth
    • I'm buying any cloth that hits the AH under 50g a stack now. I plan on using the majority of the cloth for the new PvP sets that will come out. Since I play on a PvP server, these will sell like hotcakes at premium prices all day long. For anyone playing on a server like Sargeras, Illidan, Tichondrius, Kel'thuzad, etc., it's a huge mistake to not hit this market. 
Stockpiling Dilemma

As mentioned before, right now I am in a dilemma regarding stockpiling vs. selling on all of the JC and enchanting markets. On my server, ore is still readily available, sitting at 40-50g a stack. I'm buying anything under 43g and still getting regular shipments from farmers via CoD at 30-40g. Over the past month, the gem market has steadily declined. Red gems have been sitting anywhere from 80-100g with heavy supply, orange/purple gems 15-25g with heavy supply and yellow/green/blue anywhere from 5-20g. However, in the past week or so, gem prices have started to rebound. Red gems are slowly pushing over 100g and hybrids are back in the 30-40g range consistently. Meta gems have almost doubled in value over the past few weeks. Supply for all gems across the board has decreased while ore prices have steadied.

Meanwhile, in the scroll market, prices have skyrocketed. I completely abandoned making scrolls and started stockpiling a month ago because almost every single scroll (not including Windwalk, Power Torrent, and Landslide) were not turning profits. It was actually more beneficial to sell the mats. But as enchanting mats have dwindled on the AH, scroll prices have shot through the roof. 

In short, the dilemma is: there is good profit to be made right now and I've got a huge supply of mats to take advantage of it. BUT with a lucrative patch lurking, how can I afford shedding any stock right now? While I think it's important to have the stock to supply the demand for the new patch, I also think it's important to be the first "back to market." By that, I mean that a large portion of my competitors have given up or reined back their coverage of markets. If I can get back in and establish the pricing of scrolls and gems, I stand to make massive profits. I think I will give it another week of monitoring and try to make a splash back into scrolls and gems, but for the meantime I will continue stockpiling. 


Wednesday, August 10, 2011

Niche Markets: Gems

While most jewelcrafters stick to the "tried and true" methods of shuffling ore and cutting/selling gems in their daily routine, there are very few that maximize their profit-making capabilities by hitting niche markets. By definition a niche market is one that is typically uncommon, specialized, or as in most cases, simply unknown. However, if available, niche markets can easily provide more gold than your standard jewelcrafting routines. In this post, I will go through several that I have found to be extremely profitable and remarkably non-competitive. While I will give the usual disclaimer that this varies from server to server like all things, there will inevitably exist untapped markets waiting to be pushed; all you need to do is find them!

1. Wrath Gems

I'm not going to claim that I found this market, or that this idea is altogether new. Nevertheless, it remains easily the most profitable niche market that I have found in Jewelcrafting. The reason for the success I have had in this market is mostly attributable to the large 70-twink community that exists on my server. With Cata gems limited to gear above certain ilevel, twinks can only go for the next best thing: Wrath epic gems. The limiting factor in this niche market is clearly supply. In Wrath, jewelcrafters were able to obtain epic/rare gems in a variety of ways: shuffling ore (saronite/titanium), valor point vendor, and buying cheap gems on the market. However in Cata, there really only exists one reliable way to obtain your epic gems: using justice points at the Dalaran vendor. The best practice for this is to bark in trade chat with a macro along the lines of:

         WTB all your Justice Points! 100g per 220, more profitable than selling JP boots!

From my experience, simply barking a few times a week at peak hours will get you the supply you need to last awhile. As in many niche markets, there are a couple things you need in Wrath gems to be successful. 
  • Be patient: while there will be a demand for your gems eventually, don't flood the market and drag down the price. Have confidence that it will rebound if it takes a small hit.
  • Buy patterns: if you don't have all the patterns from the Dalaran JC vendor, get them. While the variety of gems you will sell will be smaller than your variety of Cata gems, it doesn't hurt to have extra cuts.
  • Buy up any cheap uncuts that hit the AH: many people don't understand the value of their uncut Wrath gems and will cheaply post them just to get them out of their bags. Take advantage of this by adding these uncut gems to your snatch list. 
  • Don't count out rare gems: if you have a supply of Wrath rare gems or access to extremely cheap saronite ore, cut and sell those as well. Those cuts are also still in high-demand by people unwilling to pay the price of Wrath epic gems. If you have a transmute alchemist, don't be afraid to transmute as well.
2. Nightmare Tears

Awesome market. I know a bunch of bloggers have already talked about this niche, but it truly is fantastic. While it may take a little bit of time to sell your nightmare tears, the return on them is fantastic. Add dragon's eyes to your snatch list or buy them with extra Dalaran tokens if you don't need any cuts. Look for cheap infinite dust or even shuffle eternals if you have extra. This market will always stay alive and kicking for two reasons:
  • People are dumb and don't understand prismatic sockets.
  • Low-level characters and twinks need gems.
I couldn't find a more recent screenshot of MySales showing my nightmare tear sales. But in the weekly span shown below I made nearly 3000g pure profit on selling these. I know on some servers, these are selling for about double the price of my average below as well, so there is definite upside for many of you out there. 







3. Late-night and other non-peak times

This may be a bit easier for me to profit on than most, but regardless it's a strong market with very little competition. Since I live in France currently and play on US servers, I am on at all sorts of weird times. While most people would not bother trying to push their goods because of the perception that no one is online to buy, I continually make strong profits by posting and checking my auctions whenever I get the chance. While this market is open to a variety of professions and goblins, gems seem to sell the best as they are always in highest demand. Many people on late at night or early in the morning will opt to buy from the AH for several reasons.
  • They perceive that finding a JC at that time will take too long.
  • They are likely in a rush to get to bed, go to work, or do something more meaningful with their time than save 50g on one gem. 
In that vein, it is also easier to sell goods at exorbitant prices late at night, as people are typically willing to pay more because of their perceived lack of sellers. Whatever the case may be, if you do find yourself online late at night, make sure to check the prices on the AH. While your competition may be sleeping, the demand for gems never will be. 

Typical late-night haul...

Just as I was writing this at 5am server...
4. Leveling mats

Just like any other crafting profession, to get to 525 in JC you will need quite a bit of gold and/or a steady supply of leveling mats from a gathering alt. While it is invariably cheaper to get your own mats, rarely do people put in the time to farm them because of the hassle. With that being said, many people also look online to see the cheapest and fastest way to powerlevel a profession using sites like wow-profession.com to aid them. You can easily use this online advice to your own advantage by controlling markets of raw mats essential to the leveling process, especially those mats which are typically rare and expensive. Use your auctioneer scan data to build a database for price or use The Undermine Journal (www.theunderminejournal.com) to obtain knowledge about prices for these mats. Undoubtedly you will get sellers posting what they think are cheap gems or mats for next to nothing. You can also bark in trade for specific mats that you know are selling well. There are always people who don't understand value of random items in their bags and will take any offer to shed them for more than vendor price. 





Tuesday, August 9, 2011

Casual Capital: Glyphs

Recently, I powerleveled inscription on an alt to try my hand in the glyph market. For those who are unaccustomed to glyphs and the AH, it's typically a very automated and cutthroat market with a ton of gray area in terms of profitability; depending on raw material supplies and server economy. Some servers economies are so dominated by glyph barons, that finding well-priced glyphs for the average buyer could take weeks of scouring the AH. However, on other servers glyphers are so competitive that many are willing to sell at cost to push their product regularly. In any event, auction-house tact and strategy is no more prevalent anywhere than in the glyph market. Given my penchant for micro-strategies in the gem and enchanting scroll markets, I didn't have time to "play ball" with the glyph kings of my server. However, I did develop a simple posting and layering strategy that not only covered my ENTIRE costs of leveling and mat costs in 4 days, but also helped provide a steady secondary gold income to augment my haul in other markets.


To begin with, you will need a scribe leveled to at least 475. As you learn more glyphs through Northrend Research, etc. etc., you will invariably make more gold by having a greater selection. But in the beginning, you will have to make due with what you have already. In leveling my alt to ~490 in Inscription, I spent roughly 3000 gold and roughly 1000 more gold on my first stacks of cinderbloom to mill. On my server, stacks range anywhere from 20g to 35g depending on the day of the week. Knowing I wanted to do this ahead of time, I of course was able to snag some well-priced stacks beforehand.

Before I go through my process, I need to mention one tool that was invaluable in my quest. I honestly could not have succeeded (at least so far) without using the add-on "TradeSkillMaster" with its herbing and auctioning bundles. Essentially what this add-on allows you to do for inscription, is easily queue glyphs for crafting while also providing a simple list of mats required to complete the glyphs. It also shows your current quantity in bags, in your bank, on alts, and even on the AH so that you can see where exactly your supply is at. Below are some screenshots with the interface:




TradeSkillMaster also has an auction-house component that allows you to quickly post glyphs or any other items with any set of customizable parameters. You can control your undercut, your breakpoint below which you won't post a particular item and the maximum/minimum amount of one particular item you want to post. You can also configure items into groups (e.g. glyphs) for even easier posting. Altogether this took about 15 minutes to configure and has saved an untold amount of time for me even after just a few weeks.

Back to my plan and execution. Basically, my goal with glyphs was to spend as little time and to make as much money as I could playing the glyph market casually. I decided to completely avoid trying to reset particular glyphs for one. Instead I decided to just sit on glyphs that were not profitable. From my experience on my own server in the past few weeks and from knowing the basics of just about each spec and class in the game, I can say that the majority of glyphs that were not selling well, were glyphs that should not be used under any given circumstance by a class. For example: Glyph of Starfire. Some people might see it as a potentially decent prime glyph for boomkins; however, it's terrible and the market price for it is indicative of that. It never once sold above 1g in the three weeks I scanned glyphs. On the contrary, many minor glyphs actually sold quite well because of the general lack of minor glyph utility for each class.

Nevertheless, the most consistent performers were the prime glyphs. More important to note, the prime glyphs of feral druids and affliction warlocks, two of the most FotM PvP arena classes at the time. In that vein it would be important to note that if you play on a serious PvP server such as Illidan, Tichondrius, Sargeras, Blackrock, etc., it would be wise to understand the "state of the PvP union" to put it briefly. PvPers are constantly rerolling or rolling alts to take advantage of strong compositions or other class imbalances; more so than PvEers. By understanding the PvP community, you can make a strong profit in the glyph market. My two top sellers over the course of three weeks: Glyph of Rip and Glyph of Corruption, by a landslide.

However, I played the market with the vast majority of my glyphs and used my material supply efficiently, crafting glyphs that had been selling well the previous week and crafting popular glyphs that were fetching top dollar in my scans. Twice a day (once in the morning and once before raid time), I spent 5 minutes reposting my undercut glyphs in batches of 5 for 12 hour intervals. Making sure to keep a supply of popular glyphs in my bags whenever I logged on, I was easily able to repost glyphs that had sold the night before or during the day. The only time I would ever mill was on the weekends when I had time to spare and had snatched up a solid supply of cheap herbs over the week. In total, I made roughly 4000 gold in the first 4 days, and have continued at a pace of ~1000g per day selling glyphs in a marginal amount of time. Especially considering the rather cheap prices of glyphs on my server and the multitude of AH-botters and glyphers, I would say there is definite potential for this to succeed on any server under any conditions. All you need is the basic knowledge of supply/demand, a strong add-on like TradeSkillMaster that can automate the process, and 10 minutes a day and you should be raking in easy gold steadily, and more important, casually.


Lessons from 4.2...



                                                           A typical week...




Some basic and advanced lessons we can learn from the booming 4.2 shuffling markets:

1. Understand the effects patches have on raw materials. 
  • Inevitably new patches bring new gear, which necessitates a higher demand for supplies across the board; decreasing the supply of everything from obsidium ore to hypnotic dust and increasing the price and spending threshold that buyers set. 
  • However, one important thing that many people overlook is the way in which patches change the manner of obtaining raw mats. A perfect example of this in patch 4.2 is Heavenly Shards. With the changes to Justice Points and Valor Points in 4.2 that de-emphasized Heroics and emphasized running old T11 content and ZA/ZG heroics, the manner in which players obtained the majority of their Heavenly Shards now changed. Prior to the patch, players got their shards from disenchanting heroic gear/346 JP gear/regular dungeon gear. But, as many players turned their attention to vendors and content that rewarded "purple gear," people had to rely more on shuffling ore for JC items (necks/rings) to provide this raw mat. This transition of characters across the board to higher level gear had a direct effect on the ways in which essential materials were obtained, which also segues into my next point: 
2. Understand the connections between raw materials.
  • Most goblins are already well-versed in the enchanting/JC/alchemy web and understand the basic concepts on how to make this a profitable venture. However, I guarantee that the majority of goblins also lost out on profits in any of these professions by not predicting or adapting their plans for the above changes to Heavenly Shards. I've seen few gold-making blogs out there that put strong emphasis on stockpiling Heavenly Shards pre-patch. The effect: a market of Shards that continues with low supply and high markups. The larger effect: increased/increasing enchanting scroll prices, increased Greater Celesial prices, steady Maelstrom prices (despite the increased supply), and steady ore prices. While the demand for ore is already at an extremely high threshold, the ultra-high demand for Heavenly Shards has helped shufflers legitimize their routine even more. 
  • On a day-to-day level, it's even more important to understand the connections between raw materials to maximize your profits. If you see the market flooded with Heavenly Shards and lacking in well-priced ore, you can assume that the price in shards will ultimately increase as long as the low supply of ore continues. You can also naturally assume that the Enchant Weapon - Landslides and other high-end scrolls that are now selling for 1100g will increase as the market realizes a decrease on the supply end. Have the patience to see these market corrections through. 
3. Understand market volatility and posting trends.

  • While it's important to keep a strong buying strategy, don't be afraid to adapt that strategy to the market conditions and always be ready to predict a change to your strategy. Understand the daily/weekly patterns that go through the AH with raw materials. Most servers are extremely active in buying early in the reset as many players need to gem, enchant and augment (belt buckles, etc.) new gear they acquired from raiding and conquest points (PvP equivalent). Most servers also become less active as the week continues and less and less players are acquiring new gear. Naturally, this leads to higher prices on produced goods early in the week (cut gems, enchants, belt buckles, etc.). However, as I have found on my server, this also leads to quite a unique situation in regards to raw materials in which  prices are actually lower and supply is higher mid-week than on the weekend. I would assume this is because people are less-focused on stockpiling during the week, as they are busy providing produced goods, which allows ore supply to stay long enough on the AH to accumulate undercuts. 
  • Regardless, identify these trends and use them to manipulate the markets in your overall macro strategy. Additionally, identify the sellers during high-supply conditions and see if they are willing to negotiate a business relationship. I guarantee they would be more willing to make concessions when their supplies are consistently being undercut on the AH. 
4. Don't be afraid to stockpile. The more gold you invest, the more profit you make.

  • This is the key point I wanted to harp on in regards to raw materials and more specifically, elementium ore. You can't ever have enough. At least in this market where the demand for enchants, gems, new gear, and item enhancements are at a peak. You need to have the confidence that this market will not dissipate in a week. It won't. While the rise in prices can be steep, the decline is always gradual. Furthermore, with proper manipulation, you can actually artificially increase prices to maximize your profit. The perfect example of this is stockpiling. By buying up all the well-priced ore, you are able to not only control the price of ore, but also control the supply of gems. Unless your server is chock-full of stockpilers who are willing to take losses to stop you, you are guaranteed to make strong returns. 
  • In conjunction with my previous point on market trends, it's important to understand the best time to post. As a stockpiler however, I will typically post my gems at any and all times as long as they don't drop below my breakpoints. On certain occasions, I will reset the price or wait for the price to reset itself, but my general strategy is to mass produce gems. However, certain items stockpiled items like high-end enchanting scrolls, pets, or even mounts for the most adept goblins, are better off sold during peak times, as their market volatility is higher on a pure gold margin basis. 
5. Final point: be logistically prepared!

  • The most important point I would make here is to have proper addons that can not only track your AH activities, item production, and investments, but also track them efficiently. The most important for me would be: Auctionator (which is an absolute must-have for any goblin), TradeskillMaster (which greatly cuts down your time spent not only producing items, but posting and cancelling them on the AH), Postal or Mailget, and the Auctioneer bundle. 
  • Devote your in-game time (if possible) during peak hours to your micro strategy. Babysit your high-demand and high-profit items (red gems, enchanting scrolls, mounts, pets, etc.) and make sure to keep a steady stream of supply up once yours go down.




      Quick Introduction

      Hi guys, wanted to introduce myself quickly before I delve right into my posts. My in-game name is Theodos on US-Sargeras Alliance. I have played this game for over 5 years now, always fascinated by the myriad of ways to get (and spend) gold. I've done everything in this game from high-end PvPing as a two-time gladiator during the Burning Crusade to high-end raiding progressing with a US Top-50 guild here on Sargeras. But throughout the five years of playing this game across all spectrums, I have always been lured to the prospects of making more and more gold, testing numerous methods in doing so. Hopefully you goblins can learn something from this blog and feel free to ask any questions you may have!