I would really like to know......
There’s this forum trader guy, I forgot his name, where in a number of posts he outlined tips or methods on how to day trade (or something like that). Tbh, i can’t answer your question, but one thing I know is that you gotta look at the spread of the item (difference between sell offer and buy offer). If it’s pretty big, there’s an opportunity to make some profit there. :P
Ya, I believe I read everything he wrote. I’ve also read the TP beginner’s guide on the forum as well as watched this YouTube series. I understand the basics, but I simply do not see how people are making this much money this quickly without using manipulation.
I make quite a lot of money flipping low level craftables. There’s just so many areas where the highest bid is, like 50c, while the lowest offer is around 3s. Just create buy orders slightly higher than the higest bid, sell it for slightly lower than the lowest offer, and you just made a 150% return in a day or two.
They use manipulation. You can make a solid amount of profit via normal market trading, but big bucks come either from lucking out on trades or manipulating the market.
It also depends a lot on how much money you have to spread out. You want to spread your orders among various items, not focus only on a handful of them, that way you are always moving stuff around and you never have most of your money just sitting there doing nothing.
Sigurd Greymane, guardian
~ Piken
T6 mats are highly profitable since they vary throughout the day. Usually low in the morning, high later in the day.
[Currently Inactive, Playing BF4]
Magic find works. http://sinasdf.imgur.com/
They use manipulation. You can make a solid amount of profit via normal market trading, but big bucks come either from lucking out on trades or manipulating the market.
You are SO naive if you believe this is the only way to make money.
I do NOT participate in market manipulation.
I have NOT gotten “lucky” on any trades I’ve made.
…..and yet, I am able to make enormous profits on a daily basis.
Currently, with the investments I’ve made, I can make MORE than 100g in profits each day. It wasn’t always like this though. When I started, I was only making about 2g per day, but as I made more money, I had more money to invest. As I had more money to invest, I was making more money.
I only focus on reliable, repeatable items that have a profit margin of 50% or more. Most people want to think about how much gold they can make….and that’s where their logic is flawed….especially if they don’t have much money to start with.
What you SHOULD be looking at is Profit Margin!!! Even if you don’t have much money to invest, you can still build your bank to a respectable amount in a short time.
If you’re looking at items with a 50% Profit Margin (that takes into account your initial investment and the fees to sell the items), you can turn 1g into 100g in a matter of weeks. Trust me. I did it.
For those that will ask HOW I did it, I am not about to give away the items I’m trading, because that would be stupid. As soon as I do, the profit margins will drop into oblivion and I won’t make any money anymore.
The key is figuring it out for yourself. I say this because those that KNOW how to make money also know how much work it took them to figure it out and aren’t about to just give that information away for free. Once you figure it out….you’ll understand too.
To sum up…..you need to invest in things with a good Profit Margin. What’s good? That’s up to you. Personally….I like making 50% or more on my money. There aren’t a LOT of items that I can do that on….but there are enough that I can make quite a bit of money each day.
Think about it….if you’re making 50% profit, you can turn….
1g into 1.5g
…..or…..
100g into 150g
…..or…..
1000g into 1500g
So those that are making 50-100g per day (like me) have a good amount of money to invest based on starting small, putting in the work, and investing intelligently.
I did it…..so can you.
Logic will never win an argument on the forums…..only a sense of entitlement will.
This is the hard part about discussing this topic on a forum. Nobody wants to tell you exactly what they are doing because then everyone will do it and it won’t work and the “opportunity” will shift to another place in the market.
It is fascinating how attitudes in the game mirror those in real life. Some people will never believe that you can become wealthy without cheating or taking advantage of others and those posting that they have done so are simply blind to their own avarice.
It is impossible to be wealthy without gratitude. You can have all the material you need and much more, but the experience of being wealthy is not based on having a specific amount, it’s based on how you feel about what you have.
You are SO naive if you believe this is the only way to make money.
I do NOT participate in market manipulation.
I have NOT gotten “lucky” on any trades I’ve made.
…..and yet, I am able to make enormous profits on a daily basis.Currently, with the investments I’ve made, I can make MORE than 100g in profits each day. It wasn’t always like this though. When I started, I was only making about 2g per day, but as I made more money, I had more money to invest. As I had more money to invest, I was making more money.
I’m here, too. Really, I can make 100g+ a day very reliably, and without any form of manipulation.
I’m here, too. Really, I can make 100g+ a day very reliably, and without any form of manipulation.
That’s awesome!!! I’m happy to hear someone else is able to “play the market” too….without manipulation or “cheating”.
P.S. I LOVE the market manipulators…..they make me SO MUCH MONEY!!!
Logic will never win an argument on the forums…..only a sense of entitlement will.