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Do you experience a sense of euphoria when you collect gold from the trading post? When you say the words "auction" or "trading post" or "business", do you revile in the way each syllable rolls off your tongue? If you answered yes to these two questions, then you probably don't need my help any longer. Well, you're at least on the right track. If you said no to them, then this post will help move you to the yes column.
I am playing a very easy market, among countless others, known as Duelist Chain Gauntlets. Here are the steps to playing this item:
As you can see to the left, 84 is the highest buy order currently. There's a decent amount at 78 copper so I definitely won't go higher than that number. The profit margin for these items is huge (selling at 1 copper 80 silver), so I don't mind going all the way to the top of the buying order. I will place my buy orders at 85 copper. 250 of them to be precise. Yes, your bags get very full doing this method, especially when you play 10-20 markets at once. No, I don't wait for all of them to be purchased, it's just wishful thinking and it plays with competitors' minds. If you wanted to remain incognito, I'd recommend 25-50 buy orders. But if 51+ are going to be bought, I'd rather just make the 250 buy order here and now, instead of leaving free gold on the table.
2. Pick up your winnings.
3. Sell, Sell, Sell!
Yup, you're going to run out of bag space pretty quickly. As you go to sell your items, try to pick out the four pieces that have the largest quantity currently in your bags, as shown below.
After you sell each of these for 1 copper cheaper than the lowest price (or equal to your current listing should you have more of the items selling on the trading post), go back to the pick up tab on the trading post and take all. Keep opening, checking four highest, selling, and re-opening until your bags are empty. This does take time, but if you choose your markets wisely (as I've shown on the forums many times) then your profit margins will be insane. Several of the items in the screenshots above weilded over 200% profit. Buying for a silver and selling for 5 is very fun.
By the time you figure this post out and how to adapt it to your current strategy, you'll be well on your way to answering yes to the first two questions I posed to you today.
Feel free to cancel your buy orders at any time, especially if they get buried by your competition. Give yourself at least 48 hours before cancelling your sell orders. Since your profit margins are so big that 5% really doesn't matter, but it's hard to keep track of what you've canceled, so I would advise against spamming it. You never know when demand will shift and your items start getting purchased again, even with a lot of competition. Trust me, low level pieces are ALWAYS in demand.