Friday, December 30, 2011

Making Plans...

Making Plans for... well... Its new years gotta  get some new direction on things.  In game and IRL.

Since this blog is not about me IRL, I will continue to try not to let to much of RL spill into here, thought it has in the past and will I am sure in the future

Plans actively in progress:
  1. Leveling another toon to 85... I have leveled from 76 to 84 in the last couple weeks.  I like the gear chase so will be actively engaged in gearing him out.  He is a bank alt and a passing fancy... but for now... mehh... it amuses me
  2. cleaning out the bank and stocks I had for 4.3... this is going more slowly... its more of a sporadic effort and completely half hearted.  I did say I was taking a break from the AH game.  It would be a lot easier if ZA still worked...
  3. Raiding... Still doing that, religiously on the druid tank, and regularly though half heartedly on the priest and hunter...  I will not make it a priority of any sort to keep up with the priest and the hunter on gear... they are fun toons to goof off with...  If and when I can want and choose.... the warrior will get priority, since I am to the point now where I WANT to play him more than the others....
Thats about it on what I am REALLY DOING...

PIPE DREAMS and LOL plans (in a close order of most likely to happen to least likely to happen...):
  1. Level the tailor, warlock or the... I dont like either of the classes greatly so its a mixed bag.  The warlock is a horde toon and the mage is and ally toon.  Who cares really though... I can get stuff moved one side to the other easy enough.  This is all about having my own tailor
  2. Delete one of the rogue twinkers, they are both about 30-40ish
  3. Load up and play with
  4. Level the shaman on up... I love this toon, the last shaman I leveld was resto ele for gearing reasons... this one.. ENHANCEMENT/ resto for faster ques.. if  I am in that sort of mood... it is level 68 atm
  5. Level a herber/miner druid, just purely a farm cow... not that I do much intentional farming, but I might when 5.0 comes out... That is one of the times when farming is mad profits... for the time invested... but so is everything else...
  6. Start up the gold making process again...
  7. Finish leveling the twink priest, because, I still like twinking... and I am thinking about putting the toon in a twinker guild... ehh.. hmmm.. who knows... the priest is now at level 16 i think?
  8. Level a toon and start buying another set of  BOAs on the second account.  ATM, I already have nealy all of them... well over half to be certain...
  9. Merge my "wifes" account to my battle.net acount, to transfer the BOAs...
  10. Decide on a main, and go be an achievement monster, get loremaster and the insane on that one toon, and make it my raiding main forever, collecty all the pets and all the mounts on that one toon... YAHHH... GREAT IDEA>>>  nowwhich toon.. prolly the pandaren monk.. yeah the pandaren monk... (snicker, its never gonna happen)

Thursday, December 29, 2011

A G factor on Christmas, and Happy new year...

Over a year ago... I pretty much got tired of chasing the dreams of archeology... it was not updated and I was completely busted about the whole vial of sands.  I had gotten 4 canopic jars and no receipe.  I had not managed to get any of the epics I really wanted, in fact the only one that was useful at the time was the ring of the boy emperor. 

So for nearly a year, I did nothing with it.  Then on Christmas day, as the family events were winding down, the kids wer playing with their new toy, I went to play with mine... My Christmas present is the computer I built about 3 weeks ago.  I bought the parts over the cyber thanksgiving weekend, and compartivly, its a monster.  I had a single core 2 gig procesor on a 32 bit OS...  now 8 gigs of ram 3.4 Ghz quad core and a new video card and lastly the solid state HD...

Anyway, I decided to go Achy hunting again for the "Receipie: Vial of the Sands"  and I think they changed the way it drops, or at least the canopic jar, but I was in a daze of tunnel vision... All the same, MERRY CHRRISTMAS... I got the receipie.

Now then there is the G factor... I HAD.. nearly over 1.4 mil   now I am short of 1.1M... I made 10 of them and gave away 7 so far... talk about a Merry Christmas... I gave 3 each to a pair of guildees that have helped me a lot and one to a good friend on our raid team... I have 3 more, and think I will give them to raid team members too.. but totally not sure.

Just to put it in perspective... the vendor mats for one Sandstone drake.. are 29K...  so 290K on vendor mats, plus the flasks, truegold and the rest of stuff... much of whick I had, the truegold, and I snatched the flasks from the G bank... Still...  Its a lot of fun to be able to go spend 300K on others and still be well over a mill. 

We often can forget this is a social game... a game of people and taking care of them is important and a worthwile enterprise...

Happy new years to all

P.S.
Short term plans:  I have leveled the BS/Miner who happens to be a tanking warrior to level 84.  Its a fun secondary enterprise, and a great change up to just run a random dungeon, or go questing and no pressure.

I would still like to get the warlock tailor up and the shammy, and thats where I will likely quit...

I need to save on spot to delete one of my low level toons for a Monk... or 2....

Lastly, I think I will likely get into using TSM  its seems that is the current monster and being familiar with the ins and outs of that addon will be important for future gold making enterprises...

Tuesday, December 20, 2011

Pushing to 2 Mill and beyond

Alto dropped a nice comment on my last post.  It points out some observations, and quantifys them with numbers and evidence to the "gut feeling" of what I felt about the same.  Anyway, it gave me seed to some thoughts and plans and I guess writing out a plan of how and what to do as far as long range goals to hit the 2 million marker.

First off, I am now continuing to unload the piles of mats I had stacked up.  The only thing I am disappointed in myself in is that I did not keep enough greeny gems for my daily JC stuf... oh well... and that I have completely lost a ton of value on the decline of prices on volatiles...  Still not sure I understand how the lost so much value???

On the 700K... thats what I have yet to get... to hit 2 Million liquid.. right now, I will likely make a plan to only increase stockpiles on things up to about 50K max... no more piles worth HUNDREDS of THOUSANDS in the banks... 50K invested seems a good mark to not have a giant loss.  The market is going to change and the chance to make the big, short term turn over that I did was just that, A well thought out, long term investment based on evidence and experience for 4.3 on the order of 600K or more in mats stocked up in the banks.. I made a post on that before, but forget what the bottom line was...

For now the game will be slow.  I will continue to push up to an easy 1.5Mill or better just on the piles of stuff I will continue to unload... still turning over the PVP LW and BS crafted gear to get rid of some, still offloading the few scrolls I have, emptying out everything else in the banks that was planned for 4.3  the next big money maker will be 5.0... there will be a lot of bored players over the next several months that will continue to farm and do dailys and have piles of gold to spend when 5.0 hits... early to level, and early to max out professions can be very profitable... WHICH professions... THAT is the question... and with out more info, that will remain a question for a long time... JC will likely be very profitable... early on it is since it has been limited by the token system for cuts... in wrath it was also rep grinds, and some drops of varying rarity... But, JC is early on very profitable if well played, it takes a lot more work... BS, Tailor, LW... YMMV... but there are a lot w/ those professions on their "main" and it can get competitive... I had great success early on w/ inscription... the relics were very high volume sales.. and the trinkets were a gold mine... Enchanting will also be a big one... DE'ing all the mats as you quest up... big pay outs... Greatly profitable, least work profession to run with IMO.. Enchanting... just DE quest rewards while leveling... I imagine alchy will be quickly saturated... and engineering will be the same... a rough market... for early in a patch anyway... there will still likely be ranged weapon enhancements for the hunters... but, Honestly.. the big payday... and easiest money is going to be farming... I know farming was easily 3-4K an hour in early cata... thats a pretty good number... compared to straight AH crafting...  and since it can fuel your gold piles, you get XP leveling with it, and it can provide the mats you need to level your own professions... What you do miss with farming for XP is the rep from quest w/ the factions... I guess at this point the goal will be to offload and largely empty out most of the good in my banks, and leave it that way till 5.1 really...  The prices will only decline after 5.0, MOP, and planning ahead for 5.1 will be the next big AH crafting boom for mass gold.  There will be oportunities to be a pure AH goblin in the release of 5.0.  but, its a risky market and I learned you can not hold your stuff...  It will likely drop in value as the market get saturated... that was the 300K mistake I made not selling DMC trinkets... I would estimate about a week to 10 days worth of mats max in 5.0, and currently.  I guess the plans will be to get my first raiding toon up and rolling, then get the crafting toons up and moving too...  how much that will all be possible, I am not sure, in the past some of my markets have had the "orbs" required for the leg armors, so that is tough one, especially if they are BOP...

One of the potentially biggest money makers, though competition will dictate, is Pets.. 5.0 and pet battles... That will be a new market to feed.  there are a lot of pet collectors now, but that will be something else... it will take pet sales to a whole new level, that is one thing I may stock up on is pets for 5.0  to reutilize the storage for pets and mats to craft them.  I imagine getting the recipies that are world drops now and mats now will be a lot cheaper than later.. there will be a lot of new monks and pandarens leveling.. but they will be eating up the AH mats to powerlevel professions... Engineered pets if you have all the paterns to make em, could be a huge profit.... time will tell... Of all the things announced this is the one piece of information we have that could be a huge gold making tip now.. that would be huge for long range profits.. but it is a long range profit plan...

So...  68 shammy, alchy/chanter
bank alt 85 hunter, LW/chanter
bank alt 79 warrior, miner BS
raiding main druid, JC/chanter
raiding toy toon, scribe/alchy (xmute)
thirty somehting miner/engy rougue alt
thirty something miner skiner rogue alt...
fortysomething low level warlock tailor/???
other faction thirtysomething tailor/chanter mage
twink priest..
thats my 10... I think I would like to get an herbalist/miner to be a farmer

i guess my plans revolve around getting one of the rogues, the warrior and shammy up.. prolly delete one of the rogues and make a druid farmer miner/alchy.... or scrap that and leave the spot for my pandaren monk..

Ugh... still a lot of plans to solidify, but for now just chill on the AH game, not playing at the markets atm,  I have almost completely quit selling scrolls, just a few left, and I no longer buy and craft scrolls to sell... the market looks like it could still be profitable.. but... ehh.. I am on a break...   the short term goals are whimiscal, fly by the seat of my pants, and my long term goals are still varyable... and nothing solid...

Bahh... wall of text... if you made it to the bottom, go buy a lottery ticket...

Merry Christmas to all... happy gaming over the holidays...

Sunday, December 18, 2011

1.3 MIL ... liquid

The title is all.. 1.3Mil liquid.

and I deposited 50K into my raiding toon's g bank... (not one of my holdings)

Alto asked in comments if I was going to or had done the wowecon thing... Looked and think I will do it once...  when I hit trade prince... :-) why not... its a shorter list.... 

Friday, December 16, 2011

A trek 1m, over one year, as I remember it...

I was playing a social and  casual game, I had little NEED for gold, though many wants.  I managed in my own mind feel okay with normal flying speed on my toons.  Food, flask, pots and stuff that was important, I love the epic ventures with group and the personality dynamics of groups.  Some MUCH more than OTHERS...  Another long story, I was GM and raid lead of a guild.

Part of this was the fact that the guild disintegrated when military duties called me out of town for several months, and some how I found a reason to server transfer several toons, then sort of had a drama thing bring those relationships to an end, and server transfered multiple toons again.  This time I found a great group of people with a lot of nice things to say, but I was as you always are the new guy, and did not really have a place in what was quite admitedly marginal and average raiding.  Too much tollerance for average in progression. And that led to wipes.  Too many people that are too nice and will not put the rubber down on the road when the engines are reving and the light turns green... "I was making a samich.... what?"  or "Oh, okay I get it this time... "(you have heard that before, like the last 4 wipes)... nice people, fun game, bad raiding structure. 

The systems were primed, the events were about to begin.  Durring my military deployments, I had few oportunities to play, but I did have internet and was able to do a lot of reading.  Following links, I was orriginally turned on to Gevlon, back when he used to do the funny posts of reader submited idiots in chat and such.  Some how got connected to Stokpile, and it just got busy from there.  Old buddies from the orriginal guild mentioned were on a new server and had a good track record.  I also was never broke, since I had 6 max level toons, and every profession but tailoring.  I did a lot of farming, and often spent my gold on mounts and things too.  My buddies still hung out and used my vent regularly, so we still stayed in touch that way as we were scattered on servers.  So I was all about a serious raiding group, but not all about failed wanna bes in a good group people.  I can tollerate mistakes, but not being able to self identify and asses your own problems and fix em...  So this is where it started... A HARD RESET... changing everything from the very first character selection screen.

Now... a new chapter begins and birth of the gold enterprises.  I was not ready to transfer all the toons again, I made a choice to roll fresh.  They (my buddies from the past) wanted a disco priest, so a level one toon was born, with plans already in place to go, herbalism inscription and later drop inscription.  Early on the only addons I used were Lil Sparky's Workshop, Auctioneer, and Arkinventory.  (those were the gold making ones anyway)  that was all I needed to make the manual decisions on herbs... sell them? mill them? what glyphs to craft?  and then spend weeks selling off the piles of glyphs and things I made when leveling.  I would sell the highest value herbs raw to presumably alchemists leveling, and mill the low value ones to keep leveling inscription.  Auctioneer and LSW was all the info I needed to manualy do these things.  The plan was never to go into the glyph business, making gold, or minimizing losses while leveling inscription was always the plan.  I had it in my head at the time that inscription was the ONLY profession that could resonably make gold at low levels.  I have since proven my own theory's on that wrong, but, the idea was that at low level, I would be able to make glyphes that high level toons were going to want and were going to buy.  Part of that is true, about the high level characters buying your glyphs... Anyway it worked.  The long term plan was to get into the DMC business...

I did very well with that till I made a huge and bad bet on the market.  about 4 months after creating the toon I had over 400K then... ... ...  I went from 400K to 100K trying to wait out the market.  I got a new addon in this process too.  Open office and spreadsheets...   I had everything on that sheet, cost, value milled, value of cards, value of trinkets, value of decks, and my inventory.  The plan was to wait 2 weeks to sell of the 40 DMC trinkets I had. I figured if I waited out the market, the supply would dry up and I would step in and make the killing... I watched 300K worth of DMCs and trinkets drop in valuen by about 50% and more from my cost to make them. And I was not alone in the market... and the other seller never ran out of material to post... The guild I was going to raid with also fell apart and I got jaded with raiding and tried at PVP for a couple months, but in the end, I spent a lot of time playing at the AH game.  and leveling some alts...

I made bank alts and continued to read and learn from the blogger community,  I had a pile of mats (herbs) and droped herbing to pick up alchemy. transmute spec.  I used a bank alt to buy and sell, and was posting and making piles of gold on vendor pet flips, and primal might. And still playing at the DMC game.  About this point I ventured into the land of Zero Auctions.  I was also leveling another bank alt, my current gold capped toon, and he was an enchanter LW.  As I leveled I did the rep grind for old chants and for a long time was selling them at decent profits. So, 3 toons posting, the enchanter w/ twink chants, the scribe and DMCs, decks and trinkets... and then the bank alt with vendor pets and a multitude of small things and leg armor.  Zero Acutions made it pretty simple and very fast for the higher volume of items I was posting.

Then another big shift, 100K was good enough and the DMC game was kinda over, at least in the way I wanted to play it.  Boredom and looking to go raiding again.  Chased down and old contact and got in decent guild and got back to it...  more trials and roller coaster rides in the raid groups... there were 3 raiding groups, then there was ONE... and I was not a part of it.  frustration and back at the casual game of fail raiding... I started my own group... and have gone through the ropes getting the consistent roster with the right players... and I made the next big gold making step...

I had played around at the enchants markets and had about 400K again from enchants and getting what I could out of the DMCs I had.  This is the point when 4.3 started to LOOM.. and the guesses were when is it comming out?? most guesses were 2-3 months... I then decided I had the experience, I had the gold, and I had the systems to get back into the AH game for 4.3.  Initially the plan started out to just buy about 400K in mats and sit on them till the patch... I set some rough goal w/ no quantified evidence really of what I wanted... Just gut feeling and experience.  I also focused on ONLY Cata level enchants and leg armors (with a little tinkering in gems and miscelaneous), just because inventory management for all the others is a pain in the rear, and VOLUME.. volume of sales on patch days for twink gear... bad idea IMO. 400K was not enough...  Since it was not enough, I had to make more gold to make bigger stockpiles.. This was the grind, stage, and I watched many piles and piles of mats grow in my 2 guild banks and in my own toon banks and bags...  I was also watching sales volume to make sure I was posting appropriate volume for my posting paterns.  That data was alos good for determining the amount of precrafted scrolls to make.   I made a new enchanting spread sheet... and abused addons and for the best level of data analysis to prepare for 4.3... (refer back to old posts)  then 4.3 and then 10 more days.. and it all came together... ding.. 1M...

Lessons from this you may take away:
  1. Data: gotta have it, knowledge is power, if its addons or spreadsheets, does not matter, you need lots of it..
  2. Data Analysis:  You have to be able to look at the data and make educated decisions, you will make some bad calls and mistakes... if you cant learn from them get out or change something big...
  3. Patch info:  There are tidbits of info that can help influence your decisions...
  4. Selling consumables/enhancements: always in demand, always great markets to play with.  IMO, enchanting is a much harder market to run and manage than gems.  So, I imagine there is a little less competition, and the profit margins per sale are potentially greater... Profit per transaction... and the old post I made about GPH is a lie.
  5. If you want to get rich quick: forget it.. its lots of time and work.  the best you can hope for is a plan comming together to make a lot more in a much shorter period of time based on previous plans, habits and the ability to PAY IT FORWARD... 3 months of stock, an estimated 700K, lead to my 1,000,000 gold haul in 10 days.. I had 10K the monday before 4.3 dropped... but piles of mats and scrolls and armor and leather and volatiles and STUFF...
  6. My mistakes:
  • thinking truegold would go up in value.. the demand did not go up really so neither did the value, if anything it continues to drop and I have few hopes of recovering the investment
  • thinking volatiles would go up.. still hopefull on this one, but not holding my breath
  • thinking I could flip 140 tankards of terror sooner than I have been able to for a lot higher profits than what I have realized so far (maelstrom crystal values continue to rise... :-) I can shard em all... )
Servers are all different and YMMV... I have a few unique things on my server.. there is little alliance... there is MASSIVE horde pop, and large tendancy to raiding...  those factors and the base of my potential buyer is part of what allowed me to push over the top in the way that I did

Merry Christmas, and Happy hollidays

Wednesday, December 14, 2011

1.2M and still growing

I feel like I now have nothing to write about, or new to do in game.. getting to a million with out an exit strategy has left a void to some degree, not that it pains me... Its just a wierd place to be... I guess I am experimenting with new things to get a new direction... For now, with out the drive to make a million, it has left the possible choices and directions to go a lot more open. 

I am still off loading the piles of stuff I have, just am no longer making a point of loggin daily to post and repost and stuff on the multiple toons.

I guess there are some more things to see and do in the game... One is go see the old raids I have never done..  I have never been in AQ  either verision... and Level a worgen... at least the starter quest experience.. I could go mount and or pet collection crazy... I could lever a tailor or the warrior that is at 75...   Oh the choices...

I could also go find new ways to make gold... nevermind there are no NEW ways to make gold only different ways from what I have been doing.... Prolly back to leveling alts.. I like leveling... sometimes... sorta... And I am probably crazy for it too...

happy holidays

Tuesday, December 13, 2011

Moving forward, And Happy Hollidays

As the patch wears on, and the next ex pac is expected, many play styles and paterns will change.  IMO there is not longer any point now in stockpiling the way I did for 4.3.  If I do any stock piling it will be for one week max at a reducued production level and it will only be on consumables.  Leg armors, belt buckles and enchants.  Doing the JC market is more work than I want to do, and doing the ore suffle is even more.

I will not be making the stocks I had Pre 4.3, I really did not expect to clean out my chanting mats and scrolls in less than 2 weeks.  More like 10 days.  I thought it would last me for about 3+ weeks.  OH well less work for more profits as prices are starting to come down.  Or at least profit margins are.

I think for my massive pile of volatiles I will hold out for a bit longer on trying to offload them.  My reasoning behind this is a guess and prediction of demand will go back up once the newness of the 4.3 wears off.  I suspect that leveling crafters will get back to leveling professions and other big volume users will re emerge.  If not, I dont expect prices to drop too much more, but then I did not expect them to drop the way they  did either.  Who knows.  I guess now I will have time to play at some other things like the new darkmoon fair next month, and alts and other things... I have never had a maxed out tailor... or mage or warlock or DK... might work at all 3 of those... (not the DK)

And of course I will continue to find new ways to make gold while doing it.

Happy Hollidays to all

Monday, December 12, 2011

OH no.. my bags are full.. or just one is

could not open my mail... grrr
so I transferred enough to make this visual...

One toon, I made 1 Million gross in less than 2 weeks...

I did not transfer gold from my other guys to do this... this was that bubba's solo enterprise...

mostly enchants, but belt buckles and leg armors were a lot of it.. this week I added in the LW PVP crafted gear.

My BS has made a bit on the BS crafted PVP gear (10K) and my JC has made about 160K on gems...

Yep... still making the good stuff, or at least taking it from others

Saturday, December 10, 2011

Hindsight... you can always say, I shoulda seen THAT comming

So I hit a million, and the one thing I was completely wrong about and seems I may have to soak the loss is volatiles (another is truegold)... I guess I could have seen this one coming but never looked for it.

We know or assume that most player that feed our goblin banks are casual... at least in their gold making enterprises... Okay, next we also know that prices for good goes way up... Okay, now as the first days of raiding and the new PVP season go.. prices and such start to fall...  Most of those Casuals are BROKE... they can not afford to buy the stuff at the increased prices...  Okay, so now they do what they know, dailies and farm... Okay... now, sales volume drops and surplus' of material start to come into the market, and price start to settle out... Okay, as a result of all the new farming, all the dailies for gold to give me for my consumables they produce a lot of volatiles... and in this new patch, there were no HIGH demand patterns for those volatiles... yeah there are plenty out there, but by and large, there were probably other like me that had stocks of volatiles, but now the supply is going up too...  The inferno ruby prices went for 90 to 250-500 gold... that will dry up a lot of banks quick.. w/ the new 5 mans, alts, LFR, and normal raid locks... there is a lot of gear UGs going on... good for us, but I think it has driven a lot of players bank accounts to really low places and driven them to farming...

What is all this about.. I still have 4-10K each of volatiles, and though I would be able to flip them with the patch... yeah, I can flip them like a coin into a wishing well... for a massive loss.. prices have dropped 50-70% from my buying thesholds...   and truegold seems to have fallen too... lots of piles and an insignificant demand of the mats... prolly gonna lose my tail on that too..

On a side note, I still have mats for leg armors and belt buckles... crushing that up to sell off... I will have to start an ore shuffle for some GCEs and just buy out the expensive MCs at the new higher prices.. easy enough... As of now I am going to a bit more of an on demand buying pattern for mats for enchanting... totally out of GCEs and MCs.

After a 2 day break from the AH, I crafted my last bits of scrolls with the mats I had, the only thing I still have is HDs.  Will be more cautious now, and the market will be volatile and start to crash... sell off the rest of my leg armors, and grind some mats I have into PVP gear, that will eat into some of the volatiles I have.  I am selling a few LW ones and about to go buy all the BS ones and do what I can.

Still fun and I still have an increasing bottom line...

Friday, December 9, 2011

Now what... 1 million passed...

No real info on how to make gold, just ramblings on the question:
What to do when you meet a long term goal?

I will continue to make gold I am sure, how hard I push will likely decline.  After the patch hype slows down, the potential will decline too.  and then its a totally different game when the MOP hits... sorta totally different... and that statement make totally perfect un-common sense.

I have always enjoyed not having to worry about gold, ever since I actually had some, it makes the rest of the game much more relaxing.  You get new gear and you can enhance it and still have gold for repairs, consumables (food/flasks etc). 

I guess I am thinking long range again.  For short term, emptying the piles of thing in the banks that I still have and continuing to monitor and watch the markets.  For long term, I think my plan is to play a MONK... I may even want to make 2 of them. leveling from 1-90 will be a serious grind, so how and when I actually realize that goal is yet unknown, but its back to the unsettled nature of the way I play.  My main is the toon I am currently most vested into raiding with.  That has changes so many many times over and over.  So chasing achieves, pets and mounts is not really all that satisfying since I know I will be moving on to another toon sometime in the next several months to a year. 

I have enjoyed a couple nights off more or less.  Last night, I did not have time and did not make time to play at the AH, I just prepared for raid, and then after the raid I logged.  Thats refreshing, maybe now I can/will actually level a couple more alts and play at some other aspect of the game... I really dont know...

Thursday, December 8, 2011

Derpa Derp!!! 1 Million derp derp...

So, yeah, then I crossed that line.  Collected mail from a single posting cycle on 2 toons last night.
What else is there to say...

Best wishes to all as you continue to pursue your goals...

Okay, of couse I have more to say.

This has been a one year journey.  A fair amount of roller coaster ups and downs, and starts and stops.  Varying levels of intensity...  the last 3ish months have been fairly focused.  I started with about 400K, buying up and stocking up tons of chant mats and doing the work to have even more invested in mats.  I still have piles of other mats to get rid of too. LW stuff, and volatiles and many more... but the 400k was spent and piled up in the Guild banks in stacks of mats and stacks of scrolls.  It gave me the number to post and the numbers to stock.. but, in the end, I was not prepared...  On the enchanting market at least.  I thought I had about 2-3 weeks of scrolls and mats, more like 8-9 days.  I have sold out of almost all my stocked scrolls, and completely out of Maelstrom crystals and GCEs.  Of that million in the last week 130K has been gem sales, and over 800K is on the chant leg armor belt buckle guy... I started selling Vicious LW gear last night too...   now that line is crossed, not sure what I will do, but the intensity will be diminshed....

Wednesday, December 7, 2011

Simple still works, 1Mill sooo close

Dollar cost averaging... It is a term I learned when learning about investments... basially keep on buying stocks/funds etc. as the price goes up and down...  You end up with and average cost... Its easier to maintain than alwayst trying to play in markets and always catch the buy low sell high waves... Simple, long term investment strategy.

The WOW AH... Especially now as markets are seeing a high volume, simple works.  Later as volume drops, it works less effectivly, because you will get undercut and not sell if you are not activly doing the same.  Effectivly walls and you have to get under em to sell.  But now with the extreme volume of sales those walls are crushed.. at least in the consumables markets on my server.  Gems/leg armor/enchant scrolls is what I play with.  Yesterday, was my first "raid" in DS with the normal group. last week due to too many schedule problems, it was an off week.. we cleared 3 on the first night with connection and pug issues cuttin into raid time.  More later this week.  But with the drive home, and then having a lot of parts for a new PC sitting ther I started to build.  Then had to start aucitons, and then dinner, then raid... So, I posted my normal numbers of auctions and let it go.  One posting before raid time on Tues.  After raid, I normally log and cancel post, but with addons still not working and my stock of precrafted scroll largely depleted, I did not relish the idea of 20-30 minutes crafting so went to bed.  I log this a.m. and on the enchant/leg armor/belt buckle poster... 97K.. One posting was 97K gross...  I made a bit more as I also posted some gems and sold several of them to..

Simple still works, post once and thats it... 97K gross from over 100 sold auctions 

So, the Million Gold mark is clearly in sight.  I am now scrambling for mats and such, almost out, and having to buy at the newer prices.  Pretty easy, the new thresholds go into the spreadsheet, new prices are there and as I post, I make sure I am always posting over the "new cost" to craft using old mats..

Still, the slow sellers are undercut, and below mats cost, just waiting it out for now and not listing or even trying to sell them at a loss.

Also baffled at the volatiles... they are still below the prepatch prices... that is surprising, I thought they would have gone up by now.  Still waiting out that storm, and going to start putting lots of them into the PVP gear.

All in all... it is almost without a doubt this patch will see me crack the Million marker, the question is by how much.  One Point Five Million or better is my guess, depending on how active I continue with buying mats to continue production and sales.

Woot.. its gonna keep going an being fun.. wish you the best in your endeavors...

After 4.3, I will probably go into a maintenance mode, and quit trying to push the huge numbers, and just play around with stuff a bit...  I am ready to take a break from it again, but not yet.. no definately not yet.

Tuesday, December 6, 2011

3 Months planning + 1 week > 800K in sales

FROM A HOTEL ROOM... while preparing for a Non-invasive, with only very mild associated joint pain and other side affects, but I was able to give the gift of life for someone with acute lymphoblastic leukemia....   If  you want to be a part of the registry to become a match or want to know more... Check out Be The Match DOT Org The donation process was fully expenses paid, meals, travel and hotel.  You can register by mail at be the match dot org, or a local drive.   It is a worldwide registry...

Life and someone else life is greater than WOW.  My PSA is over and done.... Now on to WOW....

800K gross sales in one week...  THAT is pretty sexy... and since all my gold was previously tied up in stockpiles, I had less than 10K on my account (horde side of that server at least)...

Things that work:
The same things that worked last week and the week before and the week before... ... ...
Having a spreadsheet with all my baseline costs.  Since ZA seems to still and as addons go, maybe forever be on the fritz.  Auctionator keeps on workinging, and I just refer to that spreadsheet.  That way I still don't sell anything at a loss by blindly undercutting the other dumby.  As the week wore on, there were several voracious undercutters on a couple scrolls that it was not worth my time and gold to prospect most of them and buy them out to reset the market.  There was one... its cheap, and it has not seen its day yet.... Resilience to to chest.  I was able to buy out the market, most  below costs, I know this one is a seller, and I will be waiting for the new PVP season to unload if I have to.  I did reset the market and continue to try getting a few sales. Time will tell

THats all... Auctionator and spreadsheets thats how I have run all sales in the last week.. about 120K in gems, and another 700+ in scrolls... Its good to see a plan come together... I will probably hit the million marker this week... and when I get home, I should have all the parts to build a new bomb PC... SSD, and more than one core on the processor... NIOCE!!!!1

Sunday, December 4, 2011

700K and rising

thats all... read back if you missed the last one

Baffling and Befudling... but it moves on

well.. hmm... half mill in less than 3 days... okay its gross and I had piles of scrolls and mats ready to go... but its good to see a plan come together...

things that are surprising:
Volatiles.. they have not gone up in price, and to some extent even have dropped, except V Earth...
Overall, there are a lot of players  with stocks that are undercutting current and previous mats costs on scrolls...
Inferno rubies going up from ~100G, to  200-300G, a bit more than i would have guessed
GCEs going up from ~ 50G to over 100, again a bit more than I would have guessed
overall the volume of apparent posters/undercutters in the scrolls market
the sillyness of undercutters, cutting below mats prices from LAST week when they were still lower

Things NOT surprising
GCEs and infernos and Carnelians values went way up, just more than I expected/would have guessed
Massive volume, I was not prepared as well as i could have been
Massive profits, selling for a lot more per scroll on many items...
The plane to sell consumables is working well
Addons are not working, and Having all my baseline data up to date prior to patch with posting volume, mats costs and such has allowed me to continue manually posting, just undercut w/ auctionator, and before I post I refer to my spreadsheet that the price I am listing at is still profitable to my mats costs, the cost I got mats prior to the patch...

Lessons learned...
MORE GCEs.. 2 full guild bank tabs would have been batter.. along with the precrafted scrolls and other stuff
Not sure why, but volatiles seem to not really be going up in value, waiting it out for another week or 2 to see what happens, I still suspect that storages will dry up and then I will see the price increases...

Current status:
Scrolls market, over 500K in sales in 3 days, this is the big one and my primary market
Gems, has seen about 80K in sales in the same 3 days.. this is a play and dabble market, so I do not push the volume I could... After I am good on the enchants/leg armors/EBBs I am posting on the main toon, I review markets and cut and post accordingly.

Still working on valor capping all 3 toons to buy BOE valor gear for my raiding main... the bank alt is good, and got 2 pieces of LFR T13.. heh... and some other nice goodies in the new 5 mans...
the raiding main, is up to 800 and deciding how to get that last bit... would prefer to do it in a raid and get some experience
the priest is barely started, at 200 valor and still has the LFR to run and some gear that would be nice in the 5 mans..

Due to many schedules, particularly mine, I did not run a raid this week... I had a conflict of schedules, and am now in a Hotel, and will donate bone marrow tomorrow for someone..... To me that is way more important than WOW and raiding.. the peeps on the raid team all agreed.

I may end up going with TSM... still using ZA, and it has not been updated to functional yet....

Now is when your perception of your markets gets dicey IMO... the first week rush is coming to a close, but the second week will be busy too.  Depending on when the PVP season starts... other big impacts will be the BOE valor pieces and the regular BOP valor gear will start to become available and cause a huge flux in demand... I have not tried to sell any of the PVP blue crafted gear.. but may go for that too soon... been busy keeping up with just the scrolls...

GL to you and wish you the best in your enterprises