Trading Post Mechanics

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Chawk.1296

Chawk.1296

I’ll post this thread for those looking to understand how the trading post works.

First, I have a question:
I notice that if you sell 100 or buy 100 of an item as opposed to 250, your trades go through almost immediately. I tested this by first buying 250 of an item and then buying 100 of that same item. I found that 100 of those items were sold to me immediately while the other 250 took around 15min+. If anyone has more info. on why this might be, please place a post.

And for those of you who want to know what I know so far:
1) There is a 15% cut on all sales (5% of it is the listed price that you cannot get back by removing your post and 10% from a hidden sales tax.
2) People tend to buy/sell a lot of items by simply matching the lowest sell/highest buyer respectively, you can take advantage of that. As for which items can be bought low and sold high in the most efficient manner takes a little work to figure out.
3) Items that have a huge supply tend to flip for a quick, but small profit. Items with lower supply tend to sell for a much larger profit but also take longer.
4) Buying a variety of items will prevent major losses, unless the whole market were to
crash.
5) DO NOT sell items that are close to the vendor price. With a 15% fee it may just be easier to sell to the vendor.

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Nova.1857

Nova.1857

Its very hard to make a profit flipping in this market. The 15% fee really hinders flips that would otherwise be amazing

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Chawk.1296

Chawk.1296

Its very hard to make a profit flipping in this market. The 15% fee really hinders flips that would otherwise be amazing

Nope, I’ve made around 5 gold or so already, and I’m getting better.

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Silvermink.1456

Silvermink.1456

First, I have a question:
I notice that if you sell 100 or buy 100 of an item as opposed to 250, your trades go through almost immediately. I tested this by first buying 250 of an item and then buying 100 of that same item. I found that 100 of those items were sold to me immediately while the other 250 took around 15min+. If anyone has more info. on why this might be, please place a post.

The trader works as a last in first out basis. So if you ask for 250 first, then 100, it fills the 100 then the 250.

Its very hard to make a profit flipping in this market. The 15% fee really hinders flips that would otherwise be amazing

Intentional. Good

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Munrock.3092

Munrock.3092

The trader works as a last in first out basis. So if you ask for 250 first, then 100, it fills the 100 then the 250.

Last in, first out per person or per commodity? If two people are selling at the same price point and the person who posted second gets their sale through first, that’d be ridiculous.

Trading Post Mechanics

in Black Lion Trading Co

Posted by: Silvermink.1456

Silvermink.1456

The trader works as a last in first out basis. So if you ask for 250 first, then 100, it fills the 100 then the 250.

Last in, first out per person or per commodity? If two people are selling at the same price point and the person who posted second gets their sale through first, that’d be ridiculous.

That’s how it works. If 100 are being sold, and you add yours, you sell first. While unfair to the first 100, it does mean I don’t have to undercut to sell mine which isn’t always a bad thing.

Trading Post Mechanics

in Black Lion Trading Co

Posted by: zorifour.2173

zorifour.2173

5) DO NOT sell items that are close to the vendor price. With a 15% fee it may just be easier to sell to the vendor.

Ive seen a lot of this, when im about to sell some of my drops in the TP for example a chest that if i npc it gives me 64 copper and when im about to sell it on the TP people is selling it for 65 copper also the charge for selling it is 6 copper… Why do they do this? you cant even sell in the TP post for the same as the npc youll be selling it plus paying a fee just because of (the reason i dont understand) of people or the system selling the things 1 copper more than what the npc pays for it.

Can you give me a light into this because i do not understand at all.