Newb tp question please shed some light

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

OK,

So lets start out with that I seem to be horrible on making money on the tp lol.
I was trying to look more at GW2spidy and understand all the graphs and what not to help me. One thing I seem to be missing or its not there is how many of an item are actually selling and the listed sell price. So for example I see an item that says maybe 10 supply 557 demand and it has a listed sell min and buy max. How do I know if the things are actually selling at the price showing. For example it looks like you could make a good profit by making Valkyrie destroying long bow. But I would guess if you could make a reliable 10ish gold each time people would be making them like crazy….

So what am I missing if anyone could help me out explaining the basics of what I should be looking for I would appreciate it.

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

Maybe I didn’t miss something and everyone is making them right now while I wait for a reply ROFL

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Khisanth.2948

Khisanth.2948

If you are buying everything you need to have around 63g just to get started and you would also need 400 in Weaponsmithing.

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

I do have the 400 weaponsmithing and I have the gold. But I am wondering would I actually get the 9g profit?

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Olfinbedwere.5049

Olfinbedwere.5049

It’s always a gamble. The reason a ton of people aren’t making that bow is because they don’t move fast. It’ll probably sit there for a while before anybody buys it and most people would rather make 5g right now than 10g tomorrow.

Plus, the longer the item sits there, the more likely you’ll get undercut, and the more likely that person will get undercut and so on, until you’re burried and now your gold is tied up.

That doesn’t mean you shouldn’t go after the bow market, you might do well there and not have any problems. But there’s always risk.

Newb tp question please shed some light

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

thank you for the info. I would be happy with a small profit honestly but was curious why that would be left untapped. makes sense on the undercutting thing. If it just took a while I would be ok but that would take most of my gold to make so probably shouldn’t risk it.