tag:blogger.com,1999:blog-8276927075744004400.post116259937799264176..comments2023-10-31T05:02:46.455-04:00Comments on Og's Ledger: Rags To Riches - Horde Style: Day 7 (Woot!) And Day 8 (For Good Measure)Oghttp://www.blogger.com/profile/09594127847134479370noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-8276927075744004400.post-9207218919255787502008-02-06T16:18:00.000-05:002008-02-06T16:18:00.000-05:00Anonymous - Some great questions. Here are some me...Anonymous - Some great questions. Here are some mediocre answers...<BR/><BR/>1. 24 hours when doing the series, and a mix depending on the item. If I'm very confident in an item and it's a stable market - 48 hours. Lots of competition or I'm trying to figure out the price point - 24 hours.<BR/><BR/>2. Good observation - The number towards the top of the stats deluge is the Auctioneer Classic "seen count." The one towards the lower half is the Auctioneer Advanced. Use whichever one you scan with most.<BR/><BR/>3. This was such a good question I created a post out of it. /grin<BR/><BR/>4. Like my mom used to tell me..."Flattery will get you everywhere." Thanks!Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-48372027164679768232008-02-06T02:07:00.000-05:002008-02-06T02:07:00.000-05:00hey OG, couple questions for you =)1) do you usual...hey OG, couple questions for you =)<BR/><BR/>1) do you usually post auctions for 24h or 48h time frames?<BR/><BR/>2) you made a couple comments that on common items you like the auctioneer to have seen it +100 times. Auctioneer has the seen auction XX times in 2 diffrent spots. which one is the one we should be looking at cause they show 2 diffrent numbers?<BR/><BR/>3) what would you say is the % of expired auctions you get?<BR/><BR/>and finally<BR/><BR/>4) i love your blog. check it atleast 2 times a day so im up to date on my OGologyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-37975586091748225382008-02-05T09:46:00.000-05:002008-02-05T09:46:00.000-05:00AHWorks - You make your own luck by looking for it...AHWorks - You make your own luck by looking for it. When you are looking for it and luck happens it's called "opportunity." One of my favorite quotes is by Thomas Edison (I believe)...most people don't recognize opportunity because it's dressed in overalls and looks like work :) <BR/><BR/>Copra - "... I would never purchase 'vendor' marked product from AH unless I'm certain I can sell it" <- that's exactly what I was trying to get at. Buying vendor originated items from the AH (not from the vendor) for flipping can be a pain in the patoot (at best) and a good way to get scammed (at worst). It's easy for people to jack up Auctioneer market values and deceive the poor, innocent flippers out there. It can also lead to undercutting wars which is what I steer clear of.<BR/><BR/>I agree that you can add extra jingle in your pocket by purchasing limited vendor items and then selling them in the AH. Since I focus completely on sourcing my goods from the AH I won't speak much about that strategy here.<BR/><BR/>Awesome comments! Keep me honest.Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-11624135017850555712008-02-05T07:13:00.000-05:002008-02-05T07:13:00.000-05:00Og, I have to disagree with you on the vendor orig...Og, I have to disagree with you on the vendor originating stuff to a degree. There are certain recipes, patterns and designs that are certainly worth to flip with, even though they originate from vendor. Currently there are limited supply recipes in all cities on specialist vendors, which sell for two-three times their purchase price. As the purchase price is 5g and you sell the recipe for 15-20 g (oops, that's 3-4 times!), you are generating steady stream of income early on.<BR/><BR/>However, I agree on the fact that you have to know the market and the price range before you commit to this. Also, I would never purchase 'vendor' marked product from AH unless I'm certain I can sell it. This has happened, too, as I have bought the forementioned recipe for lower than the vendor price and sold it for the same 15-20g... Talk about bargain and time saver!Anonymoushttps://www.blogger.com/profile/05501269687241477498noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-30280582300045428292008-02-04T23:39:00.000-05:002008-02-04T23:39:00.000-05:00Sorry about the anonymous post (of making 200g+ in...Sorry about the anonymous post (of making 200g+ in 5days), I was in a rush and hadn't registered yet. <BR/><BR/>Og, you don't need me to teach you. I basically followed your advice. The rest was luck with finding some bargains.(ex.: won a bid at 34s, sold for 18g) <BR/><BR/>Thanks again.<BR/><BR/>Oh, I've had Auctioneer for a while, but I didn't think it could be used like this. <BR/><BR/>AHworks.AHworkshttps://www.blogger.com/profile/01821414909574196881noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-14994779896895925162008-02-04T14:06:00.000-05:002008-02-04T14:06:00.000-05:00Anonymous - WooHoo. 5 days! You should be teachi...Anonymous - WooHoo. 5 days! You should be teaching me.<BR/><BR/>/hand over keys to blogOghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-17831391104344167792008-02-04T13:54:00.000-05:002008-02-04T13:54:00.000-05:00Thanks Og. I tried this on a server I had a lonely...Thanks Og. <BR/>I tried this on a server I had a lonely 6th level sitting on. With 12s and a stack of copper ore, I headed off to the AH. <BR/>After 5 days, I had just under 200g in pocket with up to around 250-300g in items on the AH.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-307678134126099792008-02-04T11:56:00.000-05:002008-02-04T11:56:00.000-05:00Copra - Exactly right-ish. The "ish" part is the ...Copra - Exactly right-ish. The "ish" part is the caveat NEVER to buy goods that can be bought from a vendor for flipping (that are not in short supply). Ever. Even if Auctioneer whispers sweet nothings in your ear to go along with that monster profit margin it's showing you.<BR/><BR/>Now I know <I>you</I> know this rule just from reading your comments, so this is advice is more for No and anyone else dipping their toes in for the first time.<BR/><BR/>No - You can find out what sold by a vendor by doing a search on the item at Wowhead. <BR/><BR/>There are plenty of folks out there that buy from vendors and resale in the AH. And they do quite well. However, that's not my strategy and I can make a whole lot more with a lot less work just by combing the auctions. Which is what I write about.Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-48212470719417005062008-02-04T08:57:00.000-05:002008-02-04T08:57:00.000-05:00@No: you learn only by trying. I can say from expe...@No: you learn only by trying. I can say from experience, that when AA/AC suggest you something outrageously cheap deal, it will work.<BR/><BR/>I made my first money by dealing with consumables (wool, ores, gems) and making myself a rule to buy BottomScanner rated green gear for disenchants if the price was below 1g. That alone makes money like you owned the printing machine!<BR/><BR/>If you've done your weeks scannings, you can start taking risks: you will not lose money, or at least the few losses will be compensated by the wins! AA/AC is fool proof, really. At first I relied only on AC data, buying when it said so and selling on the price it suggested, and I never lost a nickle!<BR/><BR/>Now I'm having constantly more gold in stuff in AH than in my hand, but I know I can always 'realise' the money when need be.<BR/><BR/>Success!<BR/><BR/>CopraAnonymoushttps://www.blogger.com/profile/05501269687241477498noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-73382053579494353062008-02-02T08:52:00.000-05:002008-02-02T08:52:00.000-05:00Little Boy Blue - Woot right back at you! Gratz.W...Little Boy Blue - Woot right back at you! Gratz.<BR/><BR/>Wowup - Ty!<BR/><BR/>No - Will do on the config. And it's good to have a healthy dose of apprehension when making you buying decisions for the first time. My suggestion - put aside a small amount of coin that you don't mind loosing (like 50 silver) and focus on one category - Trade Goods. Look for deals where the "Seen Count" is over 100 and the price is greater that 50% it's market price and under your kitty money. You can't go wrong there.<BR/><BR/>Good luck and I'll think how to tackle a series on going for that epic mount.Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-77023521822955023322008-02-02T06:07:00.000-05:002008-02-02T06:07:00.000-05:00I have gone through my first week of scanning, sti...I have gone through my first week of scanning, still not sure what I should buy and what I should leave, seen a couple of potential bargains, still, very scared I lose money :/Unknownhttps://www.blogger.com/profile/01643805427613225444noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-11824606188965425052008-02-02T06:04:00.000-05:002008-02-02T06:04:00.000-05:00Grats Og, great series. Now write the one about yo...Grats Og, great series. Now write the one about your config settings! Enquiring minds need to know :)<BR/><BR/>And the 1000 to 5000g challenge, now that would be epic, hahaha :)<BR/><BR/>Anyway, really enjoyed this, am tempted to try it myself. Thanks a lot.Unknownhttps://www.blogger.com/profile/01643805427613225444noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-79515416467579520362008-02-02T01:53:00.000-05:002008-02-02T01:53:00.000-05:00good work.near to 200g.^^good work.near to 200g.^^Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-76209755120021361962008-02-02T01:29:00.000-05:002008-02-02T01:29:00.000-05:00woot OG your blog rocks. i had heard about auction...woot OG your blog rocks. i had heard about auctioneer but didnt think it would be as easy as claimed. Then i started reading your rags to riches documentery and had to try it. started with 12 silver 5 days ago and have hit the 70g mark tonight. Cant wait to see what you do next.Little Boy Bluehttps://www.blogger.com/profile/00774804143983586738noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-32208941462077956702008-02-01T20:28:00.000-05:002008-02-01T20:28:00.000-05:00Omellete - Looking forward to that search function...Omellete - Looking forward to that search functionality in AA myself.<BR/><BR/>Acrobatic - Got my fingers and toes crossed for you on the big ticket items. For virtually all my stacks I split them into smaller ones when posting (1, 2 and 4). <BR/><BR/>Lance - Thanks for the comments.<BR/><BR/>And to all, thanks for the gratz all around!Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-52350554456312411472008-02-01T19:57:00.000-05:002008-02-01T19:57:00.000-05:00Og you are a master amongst the monies. Grats on t...Og you are a master amongst the monies. Grats on the Completion in just 8 days.Lancehttps://www.blogger.com/profile/00109639389415961107noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-90212136082053455132008-02-01T19:20:00.000-05:002008-02-01T19:20:00.000-05:00@Omellette - there is an updated release that has ...@Omellette - there is an updated release that has fixed the search feature.<BR/><BR/>I downloaded both the updates for AA and AC and have ended up using only AC. AA is just too bloated for me and my machine. But the search function works for both AA and AC now!<BR/><BR/>Og, thank you so very much for this series. Just last night I delved into some bigger investments and my fingers are crossed. My research indicates it is a sound investment, so I'm looking forward to getting home and seeing if it paid off.<BR/><BR/>For me, the biggest thing your series helped me with is understanding why it's good to split full stacks into smaller bite size chunks. It seems minimal, but small tidbits of knowledge like that make a big difference and help build confidence for those of us just starting out.<BR/><BR/>Thanks for taking the time to do this!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-26419084476402812372008-02-01T14:31:00.000-05:002008-02-01T14:31:00.000-05:00Nicely done!One week, with a couple fo silver seed...Nicely done!<BR/><BR/>One week, with a couple fo silver seed money, and you're near to 200g. Very well played, sir!<BR/><BR/>Now, if AA could only have that damn Search Auctions tab...<BR/><BR/>Grrr!Omellettehttps://www.blogger.com/profile/10907878695738142967noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-61359461294914704232008-02-01T10:32:00.000-05:002008-02-01T10:32:00.000-05:00Costezzo - I had Auctioneer for a long time and th...Costezzo - I had Auctioneer for a long time and thought that the tool tip valuation on whatever loot was in my bag from questing was all it did. Took me a while to stumble on what it could <I>really</I> do.<BR/><BR/>The next blue wand up from Skycaller is Thunderwood (do a search on Wowhead). That one is rarer so it pays to shop ahead.<BR/><BR/>Thanks for the comments.Oghttps://www.blogger.com/profile/09594127847134479370noreply@blogger.comtag:blogger.com,1999:blog-8276927075744004400.post-73659995862298153692008-02-01T03:00:00.000-05:002008-02-01T03:00:00.000-05:00Thanks for these great series! I have Auctioneer f...Thanks for these great series! I have Auctioneer for quite a long time, but I learn to use it only now.<BR/><BR/>And, belive it or not, I had no idea of Skycaller existance before :'( After you mentioned it for the first time, I grabbed it just @15g BO. (Shadowsong-EU-H, if someone cares)Anonymousnoreply@blogger.com