There is a lot of thought that goes into being a gold goblin. Not just thoughts of how deep of a dive to make into the mountains and mountains of gold that someone has accumulated. Where to store that gold, how to spend that gold. Many thoughts go around when can I get the next deal to keep ahead of the pack nipping at my gold loving heels.
If you have been reading previously, you've seen where I believe that disciplined investments will put you ahead of the game. Not relying on luck or hope that an epic item will drop into your lap to sell. Working around flipping items for profit, selling raw materials to crafters for profit and maintaining an edge to new sales revenues.
The mind is as quick as you train it to be. The majority of the items that you scan you should know within the first 10-15 seconds whether you can make a profit from it. Granted there are times that some items require a little bit more research. But for the most part it's your trained instincts that can tell you whether it is a steal, or time to walk away and look for a better deal.
Training that instinct takes time. It also take a certain amount of mistakes that will occur during your gold making career. Major league baseball players who bat 300 are considered all stars. This means that 7 out of every 10 times up to bat they do not get a hit. As gold goblins we try to have a better batting average. But losses of gold will happen from time to time. To play the game you have to be in the game.
Just keep in mind that every time you win, look at why it was profitable. When you lose gold, ask why it occurred and keep from making the same mistakes again. Pulling the trigger on the deal requires you to know exactly what target to hit. Otherwise you will miss and your gold making batting average will suffer.
Good Luck and Good Shooting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
Previous Entries
The Vikings Are Upon Us
Dailies For Second String
Flipping Out To Survive
Resetting The Plan
Discipline In the Ranks
The Professions Race To 87
Junk In The Trunk
I bought My Gear on Ebay
Time Is Money Brewfest Edition
Brewfest 2012:
Slow Markets Does Not Mean No Markets
Easy Money From Skinning in MOP
Warcraft Harvest Festival: Whats it good for?
Leveling professions - Easysauce
First Day In Pandaland
The First 48
The Gospel of Goblin: MOP Edition
MOP Prep: Last Minute Shopping
O Be Careful Little Goblin What You Buy
The End of Warcraft? Whats Next?
Not So Bottomless Bag of Holding
Labels:
Auction,
Bag of holding,
Baseball,
Experience point,
gold,
Good Luck,
warcraft,
world of warcraft
Popular Posts
-
Like every other patch day I'm sitting here tuesday morning muttering to myself... ... did I miss any markets? ... are my addons rea...
-
This is a fascinating market that has been around since the start of the Darkmoon Faire. I only learned about it a couple months back when a...
-
There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
-
Patch 4.1 & Patch 4.2 are right around the corner and I'm sure most of you are wondering what to stockpile for these upcoming patche...
-
In regards to using auctioneer, how has it worked for you guys? I am consistently pulling in 1000 gold daily with around a half hour of work...
-
I decided to be an absolute jerk and do something so wrong, so EVIL, it couldn't possibly come from a standup auctioneer like me. I took...
-
The wow gold carnival for September is finally here! Sit back, relax and enjoy the epic pwnsauce that is this month's collection of art...
-
I am currently working with other bloggers (to be disclosed at a later date) on a gold making podcast that is going to rock the podcasting w...
-
Patch 3.3.3 is on the PTR and frozen orbs will now be used to purchase a frost lotus, 6 frozen orbs for a crusader orb, 4 frozen orbs per ru...
-
Everyone having a good friday? I am feeling pretty good but it has nothing to do with world of warcraft. Today starts my new workout / diet ...





0 comments: on "Pulling The Deal Trigger"
Post a Comment