The “Set it & Forget it” method is one of these technique and I use it for markets which are either slow moving (low supply/demand) or have the tendency to quickly rise and fall in price. It isn’t exactly a “secret” technique but those new to the trading world may learn something new.

This method follows a very basic and memorable formula which rewards those who are happy to wait for their profit:

Lowest price + Time = Maximum Profit

The “lowest price” is the lowest buy point on the items weekly trading post graph, or if you want to play it a safer, a couple of copper more. To find the lowest point, search for the item on gw2tp.net, scroll down to the price history graph and slowly move your cursor along the red line until you find the lowest point.

The “time” part of the formula is simply that, spending your time “forgetting” about the buy orders and continuing with your normal gold making activities.

With this method, you get the maximum profit by buying at the lowest possible price and then selling once all buy orders are fulfilled. This can net you an extra 10% – 20% profit compared to short term flipping!

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1. 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?
2. Are there times of the day that are better for selling or buying?
3. 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?

Answers

1. 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!
2. 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.
3. 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.

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Here’s a quick roundup of what’s new:

• A new Knowledge Base section of the site, with an article called “Getting Started“ to kick it off.
• New quick-link to the knowledge base under the “more” top-nav link.
• Much needed new icons to the user dashboard which links to all major section of the site. 
  
• “Flippable items” link to the home page icons. This note worthy change should help new TP investors on their way to using Gold Wars 2 faster. If you have a better suggested search combination, please share it with us

You can find out more here.

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Like me, you probably spend a lot of your time in Guild Wars 2 researching markets and undercutting competitors on the Trading Post. However, speaking from experience this can quickly get addictive and before you know it you have just spent the last three hours systemically listing 20000 onions for sale when you could have been doing something a lot more fun. That is why improving your productivity on the Trading Post is important – not only will you make gold faster, but you will also have more time to spend playing the game!

Use your hotkeys on the Trading Post!

• Did you know that the middle mouse button can be used to increase and decrease the numerical values when buying or selling an item? You don’t need to click on each field and enter your desired price, hell you can even do it one handed now! (Just don’t do anything naughty with the other hand.)
• Your keyboard arrow keys can also be used to increase and decrease the numerical values when buying or selling an item.
• If you have a gaming keyboard or mouse, those fancy buttons aren’t there just for show – bind them for useful shortcuts. (For example, bind a mouse button to “O” and open the Trading Post UI with one hand, again!)
• Alt+Enter will turn on Windowed mode, place Guild Wars 2 at one side of your screen and browse your favourite Trading Post tool at the other side. This will make you 76% more productive!^{* _{(suggested tools:}} gw2tp.net or goldwars 2_⁾

Limit yourself to short 30 minute Trading Post sessions.

A good rule of thumb to use is to dedicate 1/4 of your time to making gold on the Trading Post and 3/4 of your time towards exploring the game’s world and/or running around Divinity’s Reach annoying the roleplayers. Not only will this make you more productive as you are up against the clock but it will also allow you time to appreciate the other aspects of Guild Wars 2.

Participate in your community

Trust me on this, participating in my server’s community is my number one method for finding out new patch content, market drops and profitable opportunities! I am a one man operation and looking for new gold making strategies can sometimes be like looking for a needle in a haystack , it’s hard. However, if you have contacts who you can share gold making tips and tricks with.. they will nearly always return the favour in the future.

The global Guild Wars 2 community can also offer the same gold making tips as well, you just need to know where to look. I have personally recommend the Guild Wars 2 Reddit, GuildWarsGuru, Dulfy, blacklionsprofit (obviously) & guildwars2tradingpost.com.

There is also the private trading post forum, TP Extractor which offers a community of like minded individuals to share and speculate on the best gold making tips and tricks. It may not be the most active forum but there is a lot of knowledge there!

 ^{*Out of 2 people reviewed, one said that they were now 76% more productive, the other had no idea what I was talking about.}

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I actually forget to set a deadline for the competition.. However, it ended today! Each valid Twitter entry was assigned a number and we ran them through the awesome Random Number Generator at RANDOM.ORG to determine the winner.

As you can see from the picture on the left, the number forty five (45) was chosen out of a possible 48 entrants. Great! But who was assigned number 45?

Click to reveal the competition winner!

Congratulation to @Skomli for winning our competition! We have sent you a Direct message on twitter with details on how you can claim the three month subscription to the brilliant gw2tp.net tool.

The post Competition Winner appeared first on .

To enter, simply tweet us at @blacklionsprofit with the following message:

@lions_profit I want to win a 3 month subscription to the brilliant #Guildwars2 Trading Post tool, gw2tp.net!

Alternatively, you can click on this link and our secret army of Asuran Golems will automate it all for you, simply click on the “tweet” button and you will be entered automatically!

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The Sclerite Karka Shield is obtained from the “Secrets of Southsun” Achievements and is a back item with a pretty awesome skin! (OctoNorn is the best way to describe it)

However, it can also be combined in the mystic forge using the following recipe:

• Sclerite Karka Shield
• 250 Karka Shells
• 50 Globs of Ectoplasm
• 100 Passion Flowers

I don’t know what it combines into, but I am presuming it would be an ascended version. However, take a good long look at how epic this skin is and the ingredients required. Karka Shells, Passion Flowers & Ectoplasm will all be very popular over the next few days! (and possibly in the future)

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^{please note, these results were originally posted to Reddit under the_black_lion‘s account.}

I have not had a lot of opportunity to log in to Guild Wars 2 and make bucket loads of gold lately, so after seeing the new chests included in the latest patch I decided to treat myself with some experimentation, purchasing 50 of them.

Costing approximately 220 gold for the 6000 gems required, it’s a fair chunk of money and does take a big bite out of last month’s profits. However, It’s not like the gold has much use beyond shiny weapons and flashy effects. (and for generating more gold through flipping)

After quickly opening the boxes, and linking the item’s for the few interested denizens of Lions Arch I was left with the following rewards:-

• 1x Sclerite Weapon Claim Ticket
• 1x Mini Southsun Kasmeer (What is this, a sex toy for Asurans?!)
• 1x Potion of Karka Slaying
• 1x Consortium Mobile Crafting Station (one use, consumable)
• 2x Light Island Shoulder Skins (Probably the last thing I would stick on my shoulders..)
• 1x Heavy Island Shoulder Skin
• 1x Southsun Mask (oog ug ooh woo)
• 1x Shark’s Tooth Axe (Did they get the intern to model this?)
• 173x Passion Fruits
• 59x Passion Flowers
• 444x Karka Shells

So.. was it worthwhile buying 50 Southsun supply crates for 220 gold?

nope.

P.S. If you are holding on to large quantities of Passion Fruit, Flowers or Karka Shells then I advise you to sell them now before they fall any lower. Additionally, you can wait for the “patch excitement” to pass and buy them up for a long term investment!

The post 50x Southsun Supply Crates Opened: Results appeared first on .

• Weekly Graph: gw2tp.net
• Lowest Buy: 2s 75c
• Highest Sell: 4s 45c
• Profit: 1s 3c
• Gain: 37%

• Monthly Graph: gw2spidy
• Lowest Buy: 2s 54c
• Highest Sell: 4s 65c
• Profit: 1s 41c
• Gain: 56%

Conclusion: Large Skulls are one of those niche items that can be invested in every month in return for a potential 30% to 50% return on your investment. I usually aim to buy them for anywhere between 2 to 3 silver each and hold them until they are selling for around 4 silver 50 copper to 4 silver 75 copper.

Note: These posts are written to help teach new trader’s on how to spot potential profit in a market and the basics of speculating on an item’s trading post graph. Always do your own research before investing.

The post Daily Speculation: #3 appeared first on .

• Weekly Graph: gw2tp.net
• Lowest Buy: 35c
• Highest Sell: 49c
• Profit: 7c
• Gain: 20%

• Monthly Graph: gw2spidy
• Lowest Buy: 33c
• Highest Sell: 56c
• Profit: 14c
• Gain: 42%

Conclusion: Buy them for anywhere between 30 – 42 copper and hold them until they begin to rise. According to previous months they sell for an average of 55 – 60 copper each so there is a potential for a decent return on your investment.

Investing in Strawberry should net you around a 40% – 55% return after Tax.

Note: These posts are written to help teach new trader’s on how to spot potential profit in a market and the basics of speculating on an item’s trading post graph. Always do your own research before investing.

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