Guild Wars 2

I was wondering how/if everyone else tracks their daily/monthly profit or ROI?

I just started playing the TP yesterday, and I would like to track these things, but I’ve run into a few problems:

1. Sometimes I have buy/sell orders that carry over a day, though obviously that isn’t that big a deal

2. Sometimes I buy the same item, but at different buy/sell points which makes a simple spreadsheet not so simple at all.

Any resources/ideas/references/ideas you guys could provide would be greatly appreciated.

The best way to simply track your profit/loss is to track every buy as its own record (i.e. row). Then list each sell price point in different columns of that row.

That way you can track the original buy amount and each subsequent sell amount without having to do multiple row records.

Prior to this last change, I just gave one character an amount of gold and told it to go to town on the BLTP. Every week or so, I took the current gold on hand and stuck the profits (anything above the starting amount) in the bank. Anything currently in flux stays on the character to be dealt with on the next cycle.

Sure, it’s not tight accounting, but it also prevents you from grousing at minor losses.

Personally, I do all of my profit potential and RoI calculations BEFORE I invest any money. I set certain thresholds in my calculations so that even if a market fluctuates a little during the time I’m buying, or selling, I still make a “good” profit.

I’ve set everything up to make sure that I’m not buying / selling anything that doesn’t have at LEAST a 20% profit associated with it. With that 20% criteria, even if the market dips a little….I’ll probably still hit around 15%….possibly as low as 10%. 10% profit is still making money….and that’s all that matters.

I don’t worry about tracking my profits after the fact. That takes time away from trading. With the math being done up front, I already know the profitable markets that should make me 20% or more. So, for every 10g I invest, I should be getting around 12g back…..100g =>120g…..1000g=>1200g…..and so on.

As long as when I’m done with a cycle, I have more money than I started with, I’m fine.