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 Post subject: Re: People with 30k gold or more
PostPosted: Sat Feb 20, 2010 8:36 pm  
Scout

Scout
Joined: Thu Feb 11, 2010 9:38 pm
Posts: 16
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Just saw this post now, I got to 50k three times already, but bought a Quel'delar, Vendor Mammoth, Mechano-hog and a Hyacinth Macaw :P

So i'm currently sitting at 30k, hoping to expand my money soon :)


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 Post subject: Re: People with 30k gold or more
PostPosted: Sun Feb 21, 2010 12:14 am  
Scout

Scout
Joined: Wed Feb 10, 2010 5:04 am
Posts: 7
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Chult86 wrote:
Took about 2.5 weeks to get from 5000 to 30000 but the money is pouring in now, havent had profit of <4500 in the last four days!



DAMN!! would u like to share ur secret:P


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 Post subject: Re: People with 30k gold or more
PostPosted: Wed Feb 24, 2010 3:21 pm  
Scout

Scout
Joined: Sat Jul 25, 2009 10:40 am
Posts: 7
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I've gone from around 20K gold to around 100K in the past 8 weeks (avg 10K a week).

I decided to start playing the AH in late December, before then I made some gold on belt buckles and a few BS items now and then. Most of the 20K came from the Titanium sales when 3.2 came out.

My gold making strat in the past weeks was all based on Enchanting Scrolls and Bags from tailoring. I scan maybe 2 times a day during the week and a few more times a day on the weekends (as time allows). Buy mats at or below market value (snatch tool), create scrolls/bags on my enchanting/tailoring alt using QA3 and ATSW, create belt buckles on my BS toon, and sell on my AH toon. I craft 1-2 times a week and keep my supply of scrolls to only the current profitable scrolls (max 5, sometimes 10 if its a hot item), and a constant supply of bags/buckles.

The main thing is to have a spreadsheet that calculates the cost/min acceptable profit/fallback price and then update QA3 (threshold/fallback prices) on your AH toon whenever you adjust your snatch prices. I got my spreadsheet from the enchanting forum and customized it to fit all my needs for all sales from my professions, I build in a minimum 8% profit on my thresholds, so I guarantee I always make profit.

I don't like using percent within snatch since it can change, I'd rather keep a small supply of extra mats and if my supply of any particular item gets low and I don't seem to see any more for a few days then I'll readjust my snatch and thresholds for QA3. I do the same if I have a large supply and continue to see lots of supply on the market; at that point I lower my thresholds.

My big sellers are the following:
Belt buckles = 10-20G profit, sales average 4-8 per day during the week/ 10-16 per day on the weekend
Netherweave bags = 4-8G profit, sales average 12-16 per day during the week/ 16-24 per day on the weekend
Frostweave bags = 10-20G profit, sales average all same day (I can't keep any around)
Enchants = for WOLTK based enchants I like spellpower, agility, attackpower, stamina, defense based; these seems to sell the best. I also keep a few other profitable enchants (1-3) around when I have extra mats. Some of the VanillaWOW enchants also do well and have good profits but don't keep a ton of mats for these as they and rise and fall quickly; the market only sells a few at a time.

Overall, very good strategy for me, and I thank everyone on the forum for all the great advise they post.


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 Post subject: Re: People with 30k gold or more
PostPosted: Wed Feb 24, 2010 5:00 pm  
Scout

Scout
Joined: Fri May 15, 2009 10:16 pm
Posts: 35
Location: New Jersey, United States
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BOOM! broke 30k this morning and am now onwards to 50k! I made the last 10k in a week of getting down to buisness. Basically was gems cut/uncut, buying and reselling epics, and enchanting mats

_________________
30k: Feb 26th 10


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 Post subject: Re: People with 30k gold or more
PostPosted: Mon Mar 01, 2010 9:50 am  
Scout

Scout
Joined: Fri Oct 02, 2009 5:36 am
Posts: 5
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Just broke 30K liquid on my main. Did it over a much longer time than most of you - I started playing last Summer, and only have one lvl80. She has maxed mining and jewelcrafting - I started out with mining and engineering, but the latter was a bore,a nd after reading these forums I changed. The gold was mostly gotten thru crafting necks and rings - the seed money for that gotten by running around Arathi Highlands and the Hinterlands mining mithril and iron.


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 Post subject: Re: People with 30k gold or more
PostPosted: Mon Mar 01, 2010 12:54 pm  
Sergeant

Sergeant
Joined: Wed Feb 10, 2010 11:08 pm
Posts: 141
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I had 35k on x-mas, and all my crafters ready. Now, 2 months later, I'm at 310k liquid and a full, valuable 6 tab guild bank. If I spend about 4 hours crafting, trading and listing a day I rake in an average profit of 10k. If I spend only 1 hour this seems to drops to around 2-4k profit per day. For this I'm doing glyphs, gems, scrolls, vellums, bags, arctic fur, leg armors and spellthreads, runescrolls and drums, several smithed items, darkmoon trinkets, hogs and pets, and to a small degree some flipping of mats I buy and store anyway (abyss, eternals). Basically 4 different chars that batchpost their entire inventory.

A very typical scattershot approach I guess, the only thing that may be against the grain is that I do *not* use Auctioneer. I use auctionator + qa3 + market watcher + bulkmail2. I also do not use KTQ or Skillet, instead I use an addon I wrote myself to craft my glyphs, that only has dependencies to Altoholic (to know the numbers) and Bulkmail2 (to send them off while crafting at the mailbox so your inventory doesn't run out). For gemcrafting I use Auctionator's shopping lists to quickly select a certain gem, see an overview of gems sorted by buyout price, and marked if I have one of that type on AH already - then I manually craft some gems that I want to sell and qa3 will pick them up on the next post. Market watcher has a snatch list-lookalike that works very nicely but again needs you to set your values manually. So basically I do the market prices by head, have to set all thresholds and fallbacks manually, and I do nearly all of my posting with qa3. I totally agree this has several disadvantages, but it also keeps it simple. And no reloading your UI to switch between Auctioneer and qa3. Once an item is set up it requires very little user intervention to keep selling it forever - thanks to mods like MailOpener a lot of the time per day I listed is actually spent Alt-Tab'ed and browsing forums.

I'm not really shooting for the million, but at this rate at least half a mil shouldn't be too far off ;)

_________________
450 Alchemy (x3), Mining, Engineering, Tailoring, Leatherworking, Blacksmithing, Jewelcrafting, Enchanting, Inscription, Fishing and Cooking.


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 Post subject: Re: People with 30k gold or more
PostPosted: Tue Mar 02, 2010 3:42 am  
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Grunt

Grunt
Joined: Fri Jul 24, 2009 9:46 pm
Posts: 57
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30k liquid 10k glyphs/enchanting mats/eternals/ore/bars/stuff. I stopped playing for a couple months and i still havnt settled into a groove of constant profit. But hey i guess 30k is somewhere.

_________________
Main: 450 Mining, 450 Herbalism, 450 Cooking, 450 Fishing
Alt#1: 450 Alchemist, 450 Scribbler
Alt#2: 450 Skinning, 400 Tailor (work in progress)
Alt#3: 300 Enchanting, 300 JC (restricted by level)
2 Guild Banks.
total n00b.


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 Post subject: Re: People with 30k gold or more
PostPosted: Tue Mar 02, 2010 11:50 am  
Scout

Scout
Joined: Tue Jun 02, 2009 1:09 pm
Posts: 1
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I'm small potatos compared to some of the people here. Broke 40k a few weeks ago, and haven't really settled into playing the AH again. I'm mostly glyphs,cloths and cooldowns. I could probably make a lot more but I just don't have the time to craft everything.

Maybe one day I'll buckle down and streamline my process.


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 Post subject: Re: People with 30k gold or more
PostPosted: Fri Mar 12, 2010 10:59 am  
Scout

Scout
Joined: Sun Feb 28, 2010 1:48 am
Posts: 8
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Just broke 30k liquid gold last night. The markets im involved in have been really good to me, pulling in about 2.5-3k gold a day. Just wanted to thank this forum for helping me along the way. Gold cap here i come!


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 Post subject: Re: People with 30k gold or more
PostPosted: Fri Mar 12, 2010 4:40 pm  
Scout

Scout
Joined: Wed Mar 10, 2010 6:57 pm
Posts: 19
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Im up to roughly 110k, started playing again in january after a long break starting with about 1000g. I'm mostly in the inscription market and enchanting scrolls. But I do a lot of hold and selling type stuff and "buy low sell normal"


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