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These beautifully easy to sell items, aka the Aether Key Pieces, are going crazy fast on the Trading Post today. I made over 100 gold today alone flipping these non-stop.
So how do you flip an item such as this one that is extremely popular, so much so that it's on the top 10 traded items at the moment and STILL profitable?
1. Determine if the item can currently be flipped (multiply .85 times the lowest sell price minus one copper and compare this value to current most expensive buy order plus one copper).
2a. Place a buy order of 25 for 1 copper more than lowest order.
2b. Check sale listings for people selling the item cheap enough to be worth buying outright (non-buy order).
3. Collect your items once they have all come in. Should they take a long time, cancel your buy order and go back to step 1.
4. Sell the collected items for 1 copper less than cheapest listing. Be careful not to go too low! If someone undercut the rest of the market too much, then go ahead and place your listing higher than their price but lower than the next "wall" of the item. If you need help understanding walls then please see this article on trading post walls.
5. Collect your gold. If the items take too long to sell, leave them up and go back to step 1 or wait it out to determine if you should cancel. Patience is key here as prices often work themselves out. Don't sweat it if one or two of your items get "stuck" being listed for too much. Just do your best to cut your losses and don't hold up the rest of your selling by waiting on these.