NeoV:
I?m a ?she?, not a ?he.? Hmmmm, should I give away my secret? Ahhhh?. it?s really only common sense and not much different than the stock market.
I?m capitalizing on the stupidity of other players. Most people with common sense check the value of an item before they put it up for sale. I would say maybe 25% of the people at the AH not only don?t do this, but also they make some grave errors in listing their item. Mistakes, similar to the one below, are higher on the weekends.
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Truesilver Rod 2.25g
Truesilver Rod 2g
Truesilver Rod 2.25s
Truesilver Rod 1g
Truesilver Rod 2.50g
I suggest if you need to purchase an item, you buy on the weekends and sell during the week when the prices are more stable.
Something you may find interesting and if your patient, some serious money can be made using this method: I spent quite a few days at the AH and there is no doubt in my mind that certain categories of items are being cornered and prices are being fixed. I won?t get into details because that?s not important. Instead I?ll tell you how it?s being done.
A small group of people attempt to buyout all of a specific item in a category and then resell it at a fixed higher price. That item must be in demand and have a high resale value. The majority of the sellers listing prices must have a ?buyout?. This allows you to scoop it up quickly, if need be, to prevent your fixed priced item from being to far undercut. To sum it up, your basically buying low and selling high. The only difference between the AH and the stock market is that your doubling your money by fixing prices.
Because it?s the same group of people involved in fixing the prices, I?ve learned how high they will go when bidding against them and then outbid them by a few silvers. I also know what their selling prices are and undercut them by just a few silvers. It?s advantageous for you, as well as them, to keep the market price of that item fairly steady.
Hopefully the few examples above will give you some idea on a different perspective in accumulating a sum of money. It?s not very exciting and because it is time consuming, I don?t recommend this approach for someone who?s priority is to level quickly. However it?s a good way to bring your skills up. What else is there to do while your watching the market at the AH?
I often wonder why anyone needs to learn trade skills. Isn?t the whole idea to make money to allow you to purchase items and training? Or, am I missing something here? Nevertheless, it?s fun and my skills are climbing but I?m going to hit a roadblock when I have to venture out on a difficult quest to meet the higher level trainers.
As I mentioned before, I?m a rookie at playing PC games. I love playing but at times I find it frustrating going solo as a low level, now 21, priest. When asked, I occasionally join groups but I?m hesitant to do so. When a player dies, I feel responsible. I?m more often in the cemetery because I died trying to protect them. I?m not sure what is the most effective way to play a priest Any ideas would be appreciated. Thanks.