I’m just writing because I wanted to ask a few questions and tell you I really liked your guide on flipping items on the Trading Post in Guild Wars 2. I have a few questions I’m hoping you can answer:
- One of the bullets in your guides says “Then we check for market activity, is there a lot of movement in the graph?” I wanted to know – if there is or isn’t, what is the implication? is a lot of activity good? is a stable price better?
- Are there times of the day that are better for selling or buying?
- In your guide, using the Wrangler’s Bag example – you say “it’s important to note that only 10-20 bags are sold from the TP every day – what is the implication of that?
- A lot of movement in a market can result in a considerably larger profit (or loss) as you can buy when the price is dropping and then hold onto them until they rises again, selling at the peak. Whereas stable markets with very little movement are still profitable and do offer a solid trickle of profit they tend to be far more competitive with thousands of buy orders already waiting to be fulfilled. There isn’t really a “set in stone” method to flipping, simply experiment with news items by buying them low and selling them high and you will eventually end up with a good solid list of flippable items!
- I am not really the person to answer this question as I have a pretty busy schedule for work and other projects so I can only get onto Guild Wars 2 at certain times of the day. However, I can say that buying items when they are low during the week and selling them when they rise at the weekend is a good method to follow.
- The Wranglers Bag was used as an example as it a good item to flip (hint) however from my experience I could only really get 10 – 20 buy orders fulfilled per day. You could probably sell more if you had enough bags in stock.