One thing I used to do was stash all my gold in my bank alts guild bank. Every time I would pass a mail box on any one of my characters, I would send all but 100G to my bank alt. Every time I was on my bank alt, I would put all but 100G of his in the guild bank.
I was making gold at a fairly good rate like most people and like most people I was spending it just as fast. Getting that gold out of sight and out of mind slowed down how fast I spent it. It also limited how much I would spend at a time. Any major purchase would require me to relog onto my banker and withdraw the gold.
Once I started saving it away I also put goals on that gold. If I knew I was saving for a Nobles deck and needed 7,000G (at the time), I would have to think about that when I pulled the gold from that account. In the long run I spent less and reached my goal faster.
Now that I move lots of gold I do keep more gold on a few of my characters. I need quick gold to make bulk purchases some times. Those chars that buy stuff have about 2k gold on them. My main now keeps about 10K on him incase I want to buy loot from someone in a raid. Everyone else sits under 300-400G when I log them off.
Saturday, September 26, 2009
Friday, September 25, 2009
Skillet over buying ink/parchment
Sometimes Skillet will not refresh the buy list when you visit a vendor. So it will re buy all the same mats it picked up the first time. Most of the time it is stuff you need, but you still have to manage it in your inventory.
If you mouse over the vendor buy button, it will pop up with the items it will buy. You should have a good idea if its close or way off. If you just purchased all but 10% of your items and you have to make a second trip. Pay close attention to that tool tip. If the full mat list is still there, it will buy the stuff you already got. It will do it in the same order as it did before.
So if you run out of gold, bag space, or what ever else and it does not finish. Take a second look at that tool tip for the next purchase.
Here is what I do to refresh it. Open up the skillet shopping list then mouse over it. If that window is open then the tool tip will refresh for me and the purchase will be correct.
If you mouse over the vendor buy button, it will pop up with the items it will buy. You should have a good idea if its close or way off. If you just purchased all but 10% of your items and you have to make a second trip. Pay close attention to that tool tip. If the full mat list is still there, it will buy the stuff you already got. It will do it in the same order as it did before.
So if you run out of gold, bag space, or what ever else and it does not finish. Take a second look at that tool tip for the next purchase.
Here is what I do to refresh it. Open up the skillet shopping list then mouse over it. If that window is open then the tool tip will refresh for me and the purchase will be correct.
Thursday, September 24, 2009
I am not perfect
I do appreciate all the readers I have picked up from the start of the blog. I just wanted to remind everyone that this is my view of the market and ideas that I have tried. The way I work glyphs is my way. It may not be the best way or the perfect way, but it is how I do it. I do know I do some things different.
I am getting to that point where I may be reaching out to other markets. Markets where I don't have much experience. I am confident in my glyphs because I have solid results. When I started this blog, I talked about the ideas that worked and the ones that failed as I got into glyphs. I expect that I will make the same noob mistakes that many other people make in those new markets. In the end I will figure it out or walk away.
I mention that now because I may have some great ideas coming up on paper that sound very solid but are doomed to fail. So don't mistake the number of visitors that I have to indicate I know what I am talking about. Use your own judgement.
I am getting to that point where I may be reaching out to other markets. Markets where I don't have much experience. I am confident in my glyphs because I have solid results. When I started this blog, I talked about the ideas that worked and the ones that failed as I got into glyphs. I expect that I will make the same noob mistakes that many other people make in those new markets. In the end I will figure it out or walk away.
I mention that now because I may have some great ideas coming up on paper that sound very solid but are doomed to fail. So don't mistake the number of visitors that I have to indicate I know what I am talking about. Use your own judgement.
Wednesday, September 23, 2009
Picking new cuts
I am fairly new and inexperienced at the JC market. So remember that when you read anything I say about it. These are the things I do with it. They may be a huge mistake or I could be on the right track. One of the first things I had to deal with was picking a new cut.
You first need to know what your goal is. Are these cuts for yourself/friends or to make gold? One does not rule out the other but you usually end up giving on something. If its for you or your friend the choice is easier. Just pick the cuts you use the most and off you go.
If you are looking to make gold, different things need to be looked at. I started by looking at the cut gems that listed for the most. The mark up is higher to the profit is greater. How many sellers are listed? The more sellers, the more competition. So for my first few gems, I also looked at how many sellers and gems each had listed.
Now rule out any that look questionable to you. Is it a gem that someone would want. If you see one Tense Eye of Zul (10 hit/13 spell pen) for 250G its probably not going to sell. Who would buy that? This could turn out to be a very profitable gem. I have no idea. But for my first few gems, I want something that feels a little more useful.
As you start to pick up more and more cuts, try to get a few of the other colors. If you focus in one color of cuts too much its possible you will drive the cost up on them (from buying so many to cut and re-list). You will be set up much better if you give yourself that flexibility. If you end up prospecting later, you will end up with gems of all colors.
You first need to know what your goal is. Are these cuts for yourself/friends or to make gold? One does not rule out the other but you usually end up giving on something. If its for you or your friend the choice is easier. Just pick the cuts you use the most and off you go.
If you are looking to make gold, different things need to be looked at. I started by looking at the cut gems that listed for the most. The mark up is higher to the profit is greater. How many sellers are listed? The more sellers, the more competition. So for my first few gems, I also looked at how many sellers and gems each had listed.
Now rule out any that look questionable to you. Is it a gem that someone would want. If you see one Tense Eye of Zul (10 hit/13 spell pen) for 250G its probably not going to sell. Who would buy that? This could turn out to be a very profitable gem. I have no idea. But for my first few gems, I want something that feels a little more useful.
As you start to pick up more and more cuts, try to get a few of the other colors. If you focus in one color of cuts too much its possible you will drive the cost up on them (from buying so many to cut and re-list). You will be set up much better if you give yourself that flexibility. If you end up prospecting later, you will end up with gems of all colors.
Tuesday, September 22, 2009
Reflections: Dream Shards
If you speculate on patch notes you will remember dream shards looked like a good investment. At the time the only thing they were used for were to learn new enchants. The upcoming patch notes said the existing enchants were going to be changed to use more of them. I bought them like mad and I advised my friends do to the same.
8.5-11G is what I paid for each one and I ended up with well over 300 shards. I think lots of people picked up on this and I know several blogs covered the idea. So after a huge spike on patch day the market crashed. The price settled at 13G. Not much of a profit. I decided that everyone had a huge stockpile and was watching the market.
I walked away for a few weeks. The new price was 15-16G each at this time so I would sell a few here and there. for the most part, I held onto my inventory.
The next patch came and it also should have increased shard prices with Ulduar release, Again people were thinking about shards and the prices stayed low. So gain I held onto most of my shards.
By now I was getting a little more aggressive in selling the shards. I would post them in stacks of 3 and 6 a little over market value. I could also catch the market when it would shift up. This didn't happen often and when it did, the market would crash by the end of the day.
About 3-4 weeks after the patch, the value of shards started to clime. Once they got up to 25-30G I started to liquidate what I had left. I still had 200 shards at this point and they ended up creating that huge profit I was looking for. It was just a few months later than I expected.
8.5-11G is what I paid for each one and I ended up with well over 300 shards. I think lots of people picked up on this and I know several blogs covered the idea. So after a huge spike on patch day the market crashed. The price settled at 13G. Not much of a profit. I decided that everyone had a huge stockpile and was watching the market.
I walked away for a few weeks. The new price was 15-16G each at this time so I would sell a few here and there. for the most part, I held onto my inventory.
The next patch came and it also should have increased shard prices with Ulduar release, Again people were thinking about shards and the prices stayed low. So gain I held onto most of my shards.
By now I was getting a little more aggressive in selling the shards. I would post them in stacks of 3 and 6 a little over market value. I could also catch the market when it would shift up. This didn't happen often and when it did, the market would crash by the end of the day.
About 3-4 weeks after the patch, the value of shards started to clime. Once they got up to 25-30G I started to liquidate what I had left. I still had 200 shards at this point and they ended up creating that huge profit I was looking for. It was just a few months later than I expected.
Monday, September 21, 2009
Thunderdome: 2 scribes enter, only one will leave
One common tactic in working the auction house is to drive your competition out. If they leave, you have it all to your self. The rewards can be huge if you do that and eventually become the major player. Sometime you have to drive off a major player and it could be more work than you think. People try to move into my glyphs all the time. It is a big market and no way can I control it all. Sometimes the market will crash and I wonder if someone is trying to drive me out or not.
So would it take to drive a player like me out of glyphs?
This can be harder than you think. Not all people play the glyph market like I do. When I moved in to the market someone was top dog and I don't see them any more. I see people that could have the potential to take the market, but I am already established. They would have made a lot of gold with out me here.
I have a stack of every glyph. That is a ton of inventory. If for some reason my competition won and I decided to leave the market, I am not going to let that inventory sit. All that would have to be sold. If I am exiting the market, the threshold is no longer an issue and the market could easily fall. My competition would have to wait that out.
I run the lowest threshold. well, almost. I see leveling glyphs way below cost and flooded all the time. In general my threshold is lower then everyone else's. It is still above what I think they pay for mats. Lats thing I want to do is post for less than it takes for them to make the glyphs. They would just crash the market and buy up my glyphs. It is still a profit for me but it adds time to myself and gives them a break.
I have the largest market coverage. I use 3 alts to post with and while I still need about 10-12 research glyphs, most people posting have not been doing it as long. Not many people track every glyph. If you were looking to drive me out, you need to cover all the glyphs I sell. Also be careful that I don't cover all the glyphs they sell.
I drive the prices down constantly. If you think driving the prices down is going to tick me off, think again. I run a 20-60 silver undercut. That pushes glyphs down fairly fast. The harder my competition works to undercut me, the faster the prices fall. The result is usually some part time players leave the market opening up the research glyphs to just me. Fewer people means more sales for me.
The thing with the lowest threshold is that my mats are cheaper. Sometime I have a farmer that sells to me direct. When I tell them I will take all you have, they are happy to give it to me. I can often get all 3 of the high yield herbs for the same price. I love buying lichbloom for the farmer price of adder's tongue. It is not very often that I resell it, but its extra profit when I do. I also check the AH several times a day for herb markets to crash or other farmers unloading under market price. I am probably a major factor keeping our herb prices stable.
I have a large stock of reserve herbs and ink. I have a 5 tab bank to hold my reserves when needed. It isn't full all the time but it is not uncommon for me to fill it with herbs when I catch 2-3 farmer dumps within a few days. I try hard to mill/ink it as quick as I can, but a few 120 stack purchases can take a while to melt. I also have a 2nd guild bank that holds reserve ink of the sea. On any given day I have 3000-6000 ink of the sea in the bank. This helps when herb prices are high or glyph demand spikes.
I have gold in reserve and fingers in other markets. If I ran out of all my inventory of glyphs and herbs and ink, and if my farmers disappeared, and if the herbs on the ah were way over priced, I would still have the gold to go toe to toe with anyone in the market. I have a 3 months head start on any new player to the market. Look at the advantage that gives me.
I am not saying that I cannot be beaten or that it is impossible. The odds are just in my favor. I have the time and the patience to go along with it. I read all the same sites and have access to all the same mods. I have access to all the same tricks. Its possible they learned everything from me. I am just saying that I will not be an easy target so they need to be prepared.
Welcome to the Thunderdome.
So would it take to drive a player like me out of glyphs?
This can be harder than you think. Not all people play the glyph market like I do. When I moved in to the market someone was top dog and I don't see them any more. I see people that could have the potential to take the market, but I am already established. They would have made a lot of gold with out me here.
I have a stack of every glyph. That is a ton of inventory. If for some reason my competition won and I decided to leave the market, I am not going to let that inventory sit. All that would have to be sold. If I am exiting the market, the threshold is no longer an issue and the market could easily fall. My competition would have to wait that out.
I run the lowest threshold. well, almost. I see leveling glyphs way below cost and flooded all the time. In general my threshold is lower then everyone else's. It is still above what I think they pay for mats. Lats thing I want to do is post for less than it takes for them to make the glyphs. They would just crash the market and buy up my glyphs. It is still a profit for me but it adds time to myself and gives them a break.
I have the largest market coverage. I use 3 alts to post with and while I still need about 10-12 research glyphs, most people posting have not been doing it as long. Not many people track every glyph. If you were looking to drive me out, you need to cover all the glyphs I sell. Also be careful that I don't cover all the glyphs they sell.
I drive the prices down constantly. If you think driving the prices down is going to tick me off, think again. I run a 20-60 silver undercut. That pushes glyphs down fairly fast. The harder my competition works to undercut me, the faster the prices fall. The result is usually some part time players leave the market opening up the research glyphs to just me. Fewer people means more sales for me.
The thing with the lowest threshold is that my mats are cheaper. Sometime I have a farmer that sells to me direct. When I tell them I will take all you have, they are happy to give it to me. I can often get all 3 of the high yield herbs for the same price. I love buying lichbloom for the farmer price of adder's tongue. It is not very often that I resell it, but its extra profit when I do. I also check the AH several times a day for herb markets to crash or other farmers unloading under market price. I am probably a major factor keeping our herb prices stable.
I have a large stock of reserve herbs and ink. I have a 5 tab bank to hold my reserves when needed. It isn't full all the time but it is not uncommon for me to fill it with herbs when I catch 2-3 farmer dumps within a few days. I try hard to mill/ink it as quick as I can, but a few 120 stack purchases can take a while to melt. I also have a 2nd guild bank that holds reserve ink of the sea. On any given day I have 3000-6000 ink of the sea in the bank. This helps when herb prices are high or glyph demand spikes.
I have gold in reserve and fingers in other markets. If I ran out of all my inventory of glyphs and herbs and ink, and if my farmers disappeared, and if the herbs on the ah were way over priced, I would still have the gold to go toe to toe with anyone in the market. I have a 3 months head start on any new player to the market. Look at the advantage that gives me.
I am not saying that I cannot be beaten or that it is impossible. The odds are just in my favor. I have the time and the patience to go along with it. I read all the same sites and have access to all the same mods. I have access to all the same tricks. Its possible they learned everything from me. I am just saying that I will not be an easy target so they need to be prepared.
Welcome to the Thunderdome.
Sunday, September 20, 2009
A day of Silence
Please take a moment to think about the people that are important to you and remember those that have passed away.
I will be out of town for several days. I do have posts in the queue, but I will not be around for comments.
I will be out of town for several days. I do have posts in the queue, but I will not be around for comments.
Saturday, September 19, 2009
KTQ: on the fly flexibility
One thing I like my KTQ script for is the ability to make adjustments to what I need. If I build a queue and for whatever reason its not what I want, I can clear it and start over.
what if you only have 30 min of crafting time but enough items in your queue to last an hour. You could easily just make the the first 1/2 of the list and do the other 1/2 next time. There is nothing wrong with that. I just do it a little different.
I usually craft either the top valued glyphs or the ones that sold the most. With KTQ I can set a threshold high and do a crafting pass. This catches the ones with the highest profit. Then I drop the threshold and try to craft a half stack. This will pick up any that almost sold out. When I run each one, I can play with the threshold and stack size to get the queue size that I want.
No need to only craft 10 glyphs if that's all it adds to the queue. Just clear it, adjust the numbers, and do it again. I still do a full crafting session when I have time. This will catch anything else.
This helps me keep the ones in stock that matter most.
what if you only have 30 min of crafting time but enough items in your queue to last an hour. You could easily just make the the first 1/2 of the list and do the other 1/2 next time. There is nothing wrong with that. I just do it a little different.
I usually craft either the top valued glyphs or the ones that sold the most. With KTQ I can set a threshold high and do a crafting pass. This catches the ones with the highest profit. Then I drop the threshold and try to craft a half stack. This will pick up any that almost sold out. When I run each one, I can play with the threshold and stack size to get the queue size that I want.
No need to only craft 10 glyphs if that's all it adds to the queue. Just clear it, adjust the numbers, and do it again. I still do a full crafting session when I have time. This will catch anything else.
This helps me keep the ones in stock that matter most.
Friday, September 18, 2009
KTQ: Thank you to my users
I do want to thank everyone for the thanks I have received for my KTQ mod. I know if it saved you as much work as it saved me then its a godsend. I wrote it because I saw one area of the system that took way too much manual work.
Many people are getting it to work with out any issues. But there are a good number of people that are having problems. My goal is to get it working with the common version of skillet that people already have (if that's possible). In the short term I will upload the exact version that I used to develop it for people that are dying to try it out.
With that said, I have not gotten much time to get back to this mod to work out the issues. Between work, the family, the dog, the raids, the guild drama, and camping the AH it is hard to find time to work on it. I have some real world issues that I am dealing with on top of it all.
This was a tool I could have kept to myself. But it has been very rewarding to see all the thank yous and stories about how it (and my blog) has helped you.
Update: Thanks Carbon. Yes I do have a copy of old versions of those mods that work http://badanatomy.wowstead.com/files/mods/othermods.zip
Many people are getting it to work with out any issues. But there are a good number of people that are having problems. My goal is to get it working with the common version of skillet that people already have (if that's possible). In the short term I will upload the exact version that I used to develop it for people that are dying to try it out.
With that said, I have not gotten much time to get back to this mod to work out the issues. Between work, the family, the dog, the raids, the guild drama, and camping the AH it is hard to find time to work on it. I have some real world issues that I am dealing with on top of it all.
This was a tool I could have kept to myself. But it has been very rewarding to see all the thank yous and stories about how it (and my blog) has helped you.
Update: Thanks Carbon. Yes I do have a copy of old versions of those mods that work http://badanatomy.wowstead.com/files/mods/othermods.zip
Keyword: Bulk2Mail
Bulk2Mail is actualy BulkMail2. I was just calling it the wrong thing for about a month. I don't know why I thought that was the name. That is an interesting way to mess it up. I knew I gave some details on this before but I'll take a moment to give the hilights.
The main reason I use this mod is that it allows me to auto mail stuff to alts. It lets you configure types of items to send to a character. You can either do item types like cloth/ore/enchant mats or set items like netherweave cloth. When you visit the mailbox, it will check your bags for stuff to send. One button allows you to just send it all. No mater how many items you have or how many targets you have, it is very quick.
This is great if you use one character to buy or snatch everything and send it off to various alts to craft it. You can even put the finished items into it so it gets sent to your main AH character.
So Bulk2Mail is the wrong name for it. Here is a link to get it downloaded: BulkMail2
The main reason I use this mod is that it allows me to auto mail stuff to alts. It lets you configure types of items to send to a character. You can either do item types like cloth/ore/enchant mats or set items like netherweave cloth. When you visit the mailbox, it will check your bags for stuff to send. One button allows you to just send it all. No mater how many items you have or how many targets you have, it is very quick.
This is great if you use one character to buy or snatch everything and send it off to various alts to craft it. You can even put the finished items into it so it gets sent to your main AH character.
So Bulk2Mail is the wrong name for it. Here is a link to get it downloaded: BulkMail2
Thursday, September 17, 2009
Wait, don't mill that yet!
I unloaded 20 stacks of lichbloom today. I buy adder/lich/icethorn when it dips under 20g a stack. Because lichbloom is normaly priced higher then that I try to save 1/2 a bank tab of it. I mill enough other herbs that I can let a little lichbloom collect dust. When the market price spikes I unload a little bit. I saw someone in trade dying to get some. I offered to sell at 35G a stack. He was shocked I had so much and asked how long it took me to farm it. I gladly told him I got it from a farmer.
So I made 300G profit on the deal by paying attention to trade. I also knew when the mats I had often jump in value. Most of the time I store my mats in either the most compact or final form as possible. Herbs get milled, leather gets made into heavy leather, and netherweave gets made into bolts. I also leave a little bit in raw form for situations like this. If I need them I will use them but most of the time you can only convert stuff one way.
If I do the math then 20 stacks of lichbloom will prabably make me over 800G as glyphs and snowfalls. But I have a large supply of ink, herbs and glyphs. The sell of those 20 stacks did not interupt my production so selling them gave me 700G I did not have. 700G that can buy me 35 stacks of herbs.
So I made 300G profit on the deal by paying attention to trade. I also knew when the mats I had often jump in value. Most of the time I store my mats in either the most compact or final form as possible. Herbs get milled, leather gets made into heavy leather, and netherweave gets made into bolts. I also leave a little bit in raw form for situations like this. If I need them I will use them but most of the time you can only convert stuff one way.
If I do the math then 20 stacks of lichbloom will prabably make me over 800G as glyphs and snowfalls. But I have a large supply of ink, herbs and glyphs. The sell of those 20 stacks did not interupt my production so selling them gave me 700G I did not have. 700G that can buy me 35 stacks of herbs.
Wednesday, September 16, 2009
Discovering the epic gem market
I have to admit that I was very slow to jump onto epic gems. I had my hands full with inscription. I did level a JC a while back but have not done much with him. I have been slacking on doing my daily JC quests.
I had to take his tux off and get his gear back out of the bank. I just got my 4th token so it was time to pick a pattern. I went to the AH and did a QA summary scan. I saw a smooth kings amber listed at 230G with only 2 up. Raw I see this gem at 150G. So I buy one, go get the pattern, and cut it. Next morning its already sold for 225G.
I guess it has started. I am slowly discovering the epic gem market. I am going to take my profits and put them back into JC and see if I can get a large bankroll going with little investment. I hope I can take what I learned with inscription and apply it to epic gems.
I had to take his tux off and get his gear back out of the bank. I just got my 4th token so it was time to pick a pattern. I went to the AH and did a QA summary scan. I saw a smooth kings amber listed at 230G with only 2 up. Raw I see this gem at 150G. So I buy one, go get the pattern, and cut it. Next morning its already sold for 225G.
I guess it has started. I am slowly discovering the epic gem market. I am going to take my profits and put them back into JC and see if I can get a large bankroll going with little investment. I hope I can take what I learned with inscription and apply it to epic gems.
Reflections: Things I tried before
At the moment I am working with lots of good ideas and big gold makers. I have focused on all the things that worked and have not taken many big risks. Before I found my grove, I would work on one big idea at a time. Some of them worked well and others not so well. Yet others I had the right idea but my timing was off.
So I am going to add a new occasional series called Reflections. These will be about past ideas and how they did or did not work out for me. A good deal of them are from interpreting patch notes. So the exact opportunity I was working on is not available but the ideas do repeat.
So I am going to add a new occasional series called Reflections. These will be about past ideas and how they did or did not work out for me. A good deal of them are from interpreting patch notes. So the exact opportunity I was working on is not available but the ideas do repeat.
Tuesday, September 15, 2009
KevTool NoobDetector now on curse
I just moved KTND to curse. Curse gives me better statistics on how often it gets downloaded. It had a few small changed that the previous download did not have. Thunderfury is now in the word list. I also fixed a bug where it would report an extra time on some other player. And I changed the color of the text to yellow.
I am about to rework the word list. If you have any suggested word to add that are work safe, feel free to leave them in a comment. I am reviewing my original list and taking out stuff that is just to common. "lol" for example. I use that enough that it was inflating my noob percent so it has to go.
I did change the way noob counts are recorded. Before it just recorded if once if anything in the message was noob. Now it counts how many unique items there is in the list. So someone that is spewing garbage gets a much larger noob score.
My logic could be flawed, but here is how I calculate the noob percent. I take all messages and subtract all CAPSLOCK and repeating messages to get my valid messages count. I then divide my noob count by the valid messages and that's the result. If the valid messages are 0 I do something different. So people that spam noob in CAPSLOCK over and over will greatly inflate the noob score.
I am about to rework the word list. If you have any suggested word to add that are work safe, feel free to leave them in a comment. I am reviewing my original list and taking out stuff that is just to common. "lol" for example. I use that enough that it was inflating my noob percent so it has to go.
I did change the way noob counts are recorded. Before it just recorded if once if anything in the message was noob. Now it counts how many unique items there is in the list. So someone that is spewing garbage gets a much larger noob score.
My logic could be flawed, but here is how I calculate the noob percent. I take all messages and subtract all CAPSLOCK and repeating messages to get my valid messages count. I then divide my noob count by the valid messages and that's the result. If the valid messages are 0 I do something different. So people that spam noob in CAPSLOCK over and over will greatly inflate the noob score.
Will the good sellers please stand up?
I hate to micro manage things. If I can think up a process or method to do something for me, I will do it. I removed myself from the details of my glyphs a while ago. I have configured 2 groups for posting glyphs. A single and a double ink group so I can manage the threshold differently. When I have to think about my costs then I just lump them all into the 2 ink + 50 silver group. That's simple.
I have QA to post everything at whatever price it wants to. I have KTQ to craft how ever much of anything it wants. I have auctioneer snatch to buy as many herbs as it wants. The only time I have to think is when I decide what alt gets what glyph. I know I could automate that too but I recently decided to make that a little more fluid.
My previous method was the light colored ones go to one alt, the red and pink to another, and everything else stays on the crafter. Its click by colors. Not much thinking but that's how I did it. I am looking to get out of the camper game and into the undercutting game, but while I am still camping I wanted to move my most profitable glyphs to a new alt with out much work.
I could mouse over every one to see the tooltip but I want to do something simpler. That's where my mod gets to save me yet again. I let it craft the better ones first and then move those to that alt. Then I return and craft everything else. I have 2 types of glyphs to move.
1) 10G or more glyphs. The glyphs with the high markup. Anything over 10G gets crafted first. All of those get moved over to that alt. I can adjust this value to give him more or less of my market. This sell with a huge profit so I want to stay on top of them
2) The sell-outs. The glyphs that just sell like mad. After my 2nd craft session, I move every new stack that has 10 or more glyphs to that alt. These move in high volume so I want to stay on top of them.
After a few nights of this the good glyphs all end up on that new alt. There are 2 advantages of this. First is the new name. All my other guys are on everyone else's friend lists. That is the camping game. This only works so long but it can catch them off guard. The other is all my best selling and high profit glyphs are on one char. I can work those glyphs harder and its OK if I let the others slide a little bit. I still keep coverage of them all, but the new guy will never miss a posting time.
Now if I have 5 min to slip in and post, I hit this one char and he took care of all the glyphs that matter. It is also more exciting to check his mailbox. The gold just flows in.
I was able to take the process of crafting glyphs with my KTQ mod and by playing with the threshold, I saved myself a ton of micro managing. I know eventually that char will get bloated with glyphs. But this process is simple enough that I can move everything off of him back to the other guys and start the process over the next day.
I spend more time camping the glyphs that make me the most gold but also have the ability to cover the rest of the market.
I have QA to post everything at whatever price it wants to. I have KTQ to craft how ever much of anything it wants. I have auctioneer snatch to buy as many herbs as it wants. The only time I have to think is when I decide what alt gets what glyph. I know I could automate that too but I recently decided to make that a little more fluid.
My previous method was the light colored ones go to one alt, the red and pink to another, and everything else stays on the crafter. Its click by colors. Not much thinking but that's how I did it. I am looking to get out of the camper game and into the undercutting game, but while I am still camping I wanted to move my most profitable glyphs to a new alt with out much work.
I could mouse over every one to see the tooltip but I want to do something simpler. That's where my mod gets to save me yet again. I let it craft the better ones first and then move those to that alt. Then I return and craft everything else. I have 2 types of glyphs to move.
1) 10G or more glyphs. The glyphs with the high markup. Anything over 10G gets crafted first. All of those get moved over to that alt. I can adjust this value to give him more or less of my market. This sell with a huge profit so I want to stay on top of them
2) The sell-outs. The glyphs that just sell like mad. After my 2nd craft session, I move every new stack that has 10 or more glyphs to that alt. These move in high volume so I want to stay on top of them.
After a few nights of this the good glyphs all end up on that new alt. There are 2 advantages of this. First is the new name. All my other guys are on everyone else's friend lists. That is the camping game. This only works so long but it can catch them off guard. The other is all my best selling and high profit glyphs are on one char. I can work those glyphs harder and its OK if I let the others slide a little bit. I still keep coverage of them all, but the new guy will never miss a posting time.
Now if I have 5 min to slip in and post, I hit this one char and he took care of all the glyphs that matter. It is also more exciting to check his mailbox. The gold just flows in.
I was able to take the process of crafting glyphs with my KTQ mod and by playing with the threshold, I saved myself a ton of micro managing. I know eventually that char will get bloated with glyphs. But this process is simple enough that I can move everything off of him back to the other guys and start the process over the next day.
I spend more time camping the glyphs that make me the most gold but also have the ability to cover the rest of the market.
Monday, September 14, 2009
Contracting people to work markets (results)
A week ago I saw someone wanting about 1000g in trade. I got his professions from him and ended up sugesting that he makes Eternal Belt Buckles. I made him agree to pay me 10% of his proffits after a week.
A week later he made about 3000g so I made 300G. My next tip was to install LilSparky's Workshop. I did have him link black smithing to me and it looked like lilsparky showed several things that would turn a profit. I started to name off several things and decided to give him a real tip. Thats when I had him install that mod.
KTQ: Kev Tool Queue Tips
Like any command line mod, you can put commands in macros.
I have a group in place for gems. Several people manage the different colors differently. I would use a macro like this:
/ktq queue 5 solid sky saphire
/ktq queue 2 forest emerald
/ktq queue 3 monarch topaz
/ktq queue 6 scarlet ruby
Now looking at this, you can do the same thing for other professions.
/ktq queue 20 netherweave bag
/ktq queue 5 frostweave bag
Another feature it provides is adding bonus items for those that sell out. Its a simple feature and here is another way to do that.
/ktq queue 3 glyphs
/ktq queue 14 glyphs
It will queue up for items that you have less then 3 of and then it will do the same for a stack of 14. So the result is if something sells out, it will queue up 17 of them. If you have 1 it will queue up 15 for you.
I have a group in place for gems. Several people manage the different colors differently. I would use a macro like this:
/ktq queue 5 solid sky saphire
/ktq queue 2 forest emerald
/ktq queue 3 monarch topaz
/ktq queue 6 scarlet ruby
Now looking at this, you can do the same thing for other professions.
/ktq queue 20 netherweave bag
/ktq queue 5 frostweave bag
Another feature it provides is adding bonus items for those that sell out. Its a simple feature and here is another way to do that.
/ktq queue 3 glyphs
/ktq queue 14 glyphs
It will queue up for items that you have less then 3 of and then it will do the same for a stack of 14. So the result is if something sells out, it will queue up 17 of them. If you have 1 it will queue up 15 for you.
Sunday, September 13, 2009
You never know
Sometimes you make a sale that just shocks you. Then is shocks you even more that people do it over and over again. Abyss Crystals was a hot item for me before they started to crash. What I would do is post them in stacks of 6 with a 30% mark up and they would sell. Thats not a small purchase and I thought the exceptionaly high price on that would give people some pause.
This stuff does not happen every night. It could go weeks and I was not in a rush to sell them. One weekend I sold 3 stacks like that. It would be one thing if the stack of 6 was the only thing up, but that was not the case. Most of the time I see lots of single stacks still up when I go to collect my gold. It worked because I was the only one that ever posted a stack of 6.
A more recent one is parchment. It's not a big seller. I'm just more shocked that it sells at all. 4 times in the last 2 weeks I have sold a 50 silver parchment for 9G. This is like thread that you buy from a vender. I got a few screen shots of it.
Saturday, September 12, 2009
Keyword: carpet bomb auction house
To carpet bomb auction house is to post a wide spread of items. This is commonly used with glyphs and jems. The way it works is to take just a few of every glyph or every gem you can cut and post all of them on the AH.
I carpet bomb glyphs. I take 2 of every glyph I can make and post them all on the AH. I under cut every glyph by a set amount. Someone like me that carpet bombs are playing the numbers. We expect so may people to buy our item but with so many categories and options, you never know what ones will sell that day. So by posting a glyph of each type, I know I will get the next sell no mater what glyph is purchased. I will keep getting sells until someone undercuts me.
In a market where you are the only one carpet bombing, you will have huge rewards with a small time investment. If everyone else does the same thing, you will have to post more often. I carpet bomb around 5 times a day at key times.
Sometimes I will have 1200+ glyphs on the AH from carpet bombing it. The people that are the best at this use Auctioneer's batch posting or Quick Auction 2 to do it. I bet other mods can do it, these two are the ones I have used. I prefer QA for glyphs.
I carpet bomb glyphs. I take 2 of every glyph I can make and post them all on the AH. I under cut every glyph by a set amount. Someone like me that carpet bombs are playing the numbers. We expect so may people to buy our item but with so many categories and options, you never know what ones will sell that day. So by posting a glyph of each type, I know I will get the next sell no mater what glyph is purchased. I will keep getting sells until someone undercuts me.
In a market where you are the only one carpet bombing, you will have huge rewards with a small time investment. If everyone else does the same thing, you will have to post more often. I carpet bomb around 5 times a day at key times.
Sometimes I will have 1200+ glyphs on the AH from carpet bombing it. The people that are the best at this use Auctioneer's batch posting or Quick Auction 2 to do it. I bet other mods can do it, these two are the ones I have used. I prefer QA for glyphs.
Friday, September 11, 2009
Buying Herbs for ink
Graylo posted a comment looking for a mod to help decide the cheapest way to get the inks off the AH at the current market price. I take a different look at this. I feel that if you are buying herbs of the AH on the spot to make your glyphs you are over paying for them. It would be best to get a farmer to send them to you or just buy the herbs when they are low.
I am a firm believer in having a large stock of ink of the sea. Keep 7 days worth of ink in stock when you can. It is a buffer between you and high prices. It also gives you the supply you need when demand spikes.
I only buy the northrend herbs and use the ink trader for the other ink. Snowfall ink can be an issue for many scribes. You need to decide on the bulk value of it. Just because I see it on the AH for 18G does not mean that I can sell 6 stacks of it for 18G. The market value is around 15G so I supply it to my buyer for 13G each. I know at that price he will buy every stack I send him. Even when the ah dips down to 12G (from me driving it down), he will still pick it up. I send him 3 stacks a day so he does not even have to look at the AH.
Because I can sell my snowfall ink, I prefer the high yield herbs like lichbloom/icethorn/adder's tongue (but at the right price, I will buy the others too). When I had a farmer I made it clear to him that all I wanted was the adders at a set price. I would take the other two herbs only if it was for the same price. As long as I took his entire inventory, he was happy to give it all to me for that price. I do the same on the AH. Lichbloom will usually sell for 50-100% more then the other two. But when it matches the others, I will buy it just as fast.
Instead of deciding how much my ink will cost me on the fly at current AH prices, I set how cheap I will get it a long time ago. I look at my inventory to decide if I am paying too much or not enough for it. Sometimes I will buy out the entire auction house because of a undercutting war or farmer flooding it. It can be intimidating to buy that much at once, but after you do it several times you get use to it.
I can easily go a week without buying herbs off the AH. I only do this when prices are too high and in that case, I do let my stock run low. That is exactly why I have it. I don't build that stockpile of ink so that I don't have to buy it but once a week. I am constantly buying it and it gives me the ability to only buy it when it is cheap.
I do use 30 stacks of ink a day on average (100 stacks of herbs). I have to have a huge stockpile. Even if you are small time, you can use that 7 day metric as how much you should have in stock. You would be able to use a much lower threshold then I do (unless someone like me buys it as much as I do). I would like to say I pay less than market price, but I'm one of the major players that holds market price for herbs where it is.
I am a firm believer in having a large stock of ink of the sea. Keep 7 days worth of ink in stock when you can. It is a buffer between you and high prices. It also gives you the supply you need when demand spikes.
I only buy the northrend herbs and use the ink trader for the other ink. Snowfall ink can be an issue for many scribes. You need to decide on the bulk value of it. Just because I see it on the AH for 18G does not mean that I can sell 6 stacks of it for 18G. The market value is around 15G so I supply it to my buyer for 13G each. I know at that price he will buy every stack I send him. Even when the ah dips down to 12G (from me driving it down), he will still pick it up. I send him 3 stacks a day so he does not even have to look at the AH.
Because I can sell my snowfall ink, I prefer the high yield herbs like lichbloom/icethorn/adder's tongue (but at the right price, I will buy the others too). When I had a farmer I made it clear to him that all I wanted was the adders at a set price. I would take the other two herbs only if it was for the same price. As long as I took his entire inventory, he was happy to give it all to me for that price. I do the same on the AH. Lichbloom will usually sell for 50-100% more then the other two. But when it matches the others, I will buy it just as fast.
Instead of deciding how much my ink will cost me on the fly at current AH prices, I set how cheap I will get it a long time ago. I look at my inventory to decide if I am paying too much or not enough for it. Sometimes I will buy out the entire auction house because of a undercutting war or farmer flooding it. It can be intimidating to buy that much at once, but after you do it several times you get use to it.
I can easily go a week without buying herbs off the AH. I only do this when prices are too high and in that case, I do let my stock run low. That is exactly why I have it. I don't build that stockpile of ink so that I don't have to buy it but once a week. I am constantly buying it and it gives me the ability to only buy it when it is cheap.
I do use 30 stacks of ink a day on average (100 stacks of herbs). I have to have a huge stockpile. Even if you are small time, you can use that 7 day metric as how much you should have in stock. You would be able to use a much lower threshold then I do (unless someone like me buys it as much as I do). I would like to say I pay less than market price, but I'm one of the major players that holds market price for herbs where it is.
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