What's a good indication for item demand?

What's a good indication for item demand?

in Black Lion Trading Co

Posted by: XrBob.3028

XrBob.3028

I started flipping item recently and it’s a lot of fun. I’ve been using guildwarstrade.com and it’s a great resource. You’re able to sort items and see their demand. But, the demand it tells you is only the amount of buy orders there are. The problem is that you’re goal is to get people to complete your eventual sell order. The type of people who make buy orders and the people who complete sell orders aren’t always the same people.

Does buy order number have a decent correlation with people willing to complete sell orders or is there something else I need to consider?

What's a good indication for item demand?

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Posted by: Astral Projections.7320

Astral Projections.7320

I don’t flip but I would think you could use spidy to check what the daily number of sells of an item is.

http://www.gw2spidy.com/gem

What's a good indication for item demand?

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Posted by: TooBz.3065

TooBz.3065

There’s no good way to see how much actually changes hands. But items with a price fluctuation in their recent history are a good bet.

In general, it’s best to start with a small order just to see how quickly the market moves.

Anything I post is just the opinion of a very vocal minority of 1.

What's a good indication for item demand?

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Posted by: Navzar.2938

Navzar.2938

Look into the future. (by that I mean pay attention to what’s about to be released and past update trends)

What's a good indication for item demand?

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Posted by: Behellagh.1468

Behellagh.1468

I don’t flip but I would think you could use spidy to check what the daily number of sells of an item is.

http://www.gw2spidy.com/gem

Except gw2spidy doesn’t show transaction volume, just a 24hr running average based on the same buy and sell order numbers guildwarstrade displays.

We are heroes. This is what we do!

RIP City of Heroes

What's a good indication for item demand?

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Posted by: Dirdyy.1648

Dirdyy.1648

Buy and sell orders are meaningless.

Most sense would be to concentrate on upcoming Patches and changes in the game.

Mad King is returning —> Candy Corn is to go through the roof today.

Example based on my own:

When i saw that my Legendary and the new ascended weapons had 1 or 2 offensive infusion slots, i bought 5000 passion fruit for myself (3 chars) and 10.000 for speculation.
I bought it from 14 – 18 B.

Right now passion fruit selling for around 1S and raising.

U will need to look ahead the market and further a little bit luck.

Sometimes u will win and sometimes u will fail.

What's a good indication for item demand?

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Posted by: XrBob.3028

XrBob.3028

I don’t feel like I’m ready to predict market changes based on patches.

So far it’s trial and error, but I’m still making money. I put buy order for different items in different categories and see what sells. If it works, keep doing it. If it doesn’t, try something new.