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Wednesday, May 29, 2013
Any time you discover an item in the top 10 lists for the trading post that is profitable is a time to celebrate (and take action).
This rare occurrence happened last night, and I told the private forums about it immediately!
|Platinum Ore Secret Price|
I know the image to the left says 11 copper, but in reality the price was closer to 65 copper at the time!
I placed my Buy Orders for 45 Copper.
I sold the platinum ore for 62 Copper.
Profit after taxes: Approximately 7.7 Copper each.
I was undercutting the sell order by 1 copper and over-cutting the buy order by 1 copper in order to achieve these results.
Every 30 seconds I would pick up my buy orders and list them for sale. I'm not sure exactly how quickly I was making each gold, but probably every 2 minutes. And I could do other things at the same time, so it was a sweet deal :)
Whenever I went to sell my platinum ore, I would check to see if I was still the lowest seller. As long as it said the lowest seller was my price and there was only 1 seller, then I added to my current listing. Otherwise I undercut myself and the new lister. Things sold so fast it didn't even matter probably, but I wanted to be absolutely sure I kept the money turning over and back into my pocket.
PS: I don't know why platinum ore supply recently dropped, but it is definitely having an effect on the price. Could be an internal change or some very powerful trading post baron making a move. Either way, it's easy gold at the moment.
EDIT: This was supposed to go live YESTERDAY. I had it as a draft by mistake. Sorry everyone!!