Thursday, May 19, 2011

Like I always say...


Have you noticed how often I use the phrase "like I always say" in my blog? Well I have and it seems that it's almost every week that I say it. Throughout the lifespan of this blog I've repeated certain phrases and catch phrases of sorts fairly often. I do this for a couple of reasons. One is to drill it into your head because it's that important. And the other is because it's a very easy way to get people to learn, simple expressions can be remembered easily and morphed into your own version of it to fit your situation. So I took some time looking over older entries and came up with a handful of my most common expressions for you to put to use. Immediately!


A winner always knows where they're going. A champion never forgets where they're from.
This one is all about fun and respect. Be respectful to other people, both the morons and the competing AH barons. There is simply never a reason to be rude until you're insulted. Always have fun while you play the AH, even if you are driven to hit 1 million stop the moment it's no longer fun.


The most valuable thing you can have is time.
Going against the goblin adage of "time is money" a bit here. Yes you can make easy money prospecting, but how long does it take? When people call something easy, they always forget the whole "time consuming" part of it all. If you're spending a few hours a day working glyphs from the milling all the way up to posting and only making 5k a day... just stop. Please, please, PLEASE value your time a tad more than that. And I don't just mean your in game time, because your game time cuts into your living time. Do you really want to be 60 and look back remembering the week you spent 4 hours every night hitting a "mill herbs" macro? I should hope not.


Music is awesome.
Check out Korpiklanni, great folk metal. Here's a drinking song they wrote that is perfect for everybody. Ok I don't really say that a lot, but they're awesome regardless. Go watch and come back when it's done!


Have a reason that's more than just gold.
Obvious reason is obvious. If you're only playing the AH for cash, you won't get very far. The asshole (me) that undercuts your 300g gem down to 180g is going to really piss you off because you're losing a lot of gold by undercutting them and not selling at 299.99.99 like you want to. If money is your only motivator you're likely going to be very lonely on the AH (and usually IRL if you watch the greediest of the greedy play house) and will be driven out of markets very easily.

Now before you piss and moan "you're wrong Stokpile, I'll just come back when prices are high again" remember that the asshole 100g undercutter that pushed you out (me again) just made 50k profit from the market you left because you left it. If you would have stayed in you'd have 20k from that market and not a fat ZERO. Granted I have a zero as well each week. In fact I have 6 of them all in a row...


Don't forget the small fish.
Always sell everything, even if it's only for a few gold and goes slowly. If it goes slow then there's going to be maybe 1 other person that sells it. In other words you can dictate the price of it, set it, and forget about it. These types of niche markets I just love. Zero thought required and barely any effort involved. If you look at my enchanting numbers and all of the scrolls I sell on the list, you'll that there's a reason I keep to this.


Persistence
When you find a method that works great for you, don't worry about what I say. Do it and keep doing it, it's usually not a good idea to fix something that isn't broken. But that is entirely relative of course. If your method makes you 20k profit a week working a dozen markets while mine made me 240k profit in a single week, well, you've got some thinking to do.

Consistence
Now that you're sticking with the same method, you just have to make sure that you take care of your business every single day at least once. Do your cancel/craft/cancel/post cycle in it's entirety at least once a day and keep at it. If you do, you'll be at the 1 million gold cap 10 times faster than if you didn't. In the time that you're not selling, others are and are getting a stronger hold on the market while you're losing yours. The short hand version of this is to once again weigh your effort against your profits and determine if they're worth it. Time is valuable, remember?


Thanks for stopping by!

5 comments:

  1. How could I forget about Korpiklaani? I was listening to the band several years ago and liked it very much. Thank you for reminding me of them.
    I also like Finntroll and In Extremo. The last one plays medieval metal and use bagpipes.

    All the other "phrases" are good too, but "Music is awesome!"

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  2. Awesome blog entry!

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  3. Stok, today you get just a heartfelt

    "AMEN, BROTHER"

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  4. @ Argo
    I'll definitely have to check out extremo, thanks for the recommendation. As for finntroll they're very talented, but aren't my particular brand of vodka so I don't listen to them too to often.

    @ Achieve
    SING IT ON THE MOUNTAIN BROTHER!

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  5. That tune is awesome. Checking out their albums now.

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