Phase 3: Profit !

Note: This is a glyph selling goblin post, if you are not interested in this profession, you may skip the rest (Thanks for coming though)

As I said before, I had been using KevMar’s Addon Beta, I changed some config to suit my own need.

I’ll share that with you guys here.

From the code and KevMar mentioned, there would be a threshold function, skipping the glyphs which are too cheap to produce. (Better to buy them from the Auction as he suggested, not working on my beta version yet…)

There is also a skip single option which skips all the one glyph only entry.

It is nice, but I would like a more extensive one.

My setup:

I am listing 4 glyphs at a time (by QA2), and I would maintain a stock of 8 glyphs. I post the glyph twice a day, so this effectively a 2 rotation of glyph listing. I am crafting every two day, with KTQ, that save my time a lot.

My hack to the Mod:

Instead of filling up the stack, I get to work like this.

I wouldn’t craft a glyph, unless it’s lesser than 4 in my stock. (The 1-2 crafting entry will increase the queue a lot)

For the glyph I had to craft, I make some more. I’ll craft [Amount Need to Craft] * 150% instead of [Amount Need to Craft].

That is

Objective

What I am trying to do, is to bulk the crafting queue of each craft into a bigger stack, so I would reduce the time I need to click the XXX process button in Skillet.

I’ll wait till I lack a large amount (Instead of crafting one or two), and also restocked over the the target size, to allow more room for buffer.

Example:

• The worst case scenario: one glyph sold between each ktq scan.
  In the previous system, I had to craft that glyph each time it scan, now I only need to do one every 6 scan (Re-craft at cycle 4, then I am overstock with 2 glyph), A longer craft time, but I reduce my queue click at 6 to 1.
• Popular glyph, the faster the glyph consume, the system will overstock more, effectively increase the buffer space.

Some of you may notice, in this scheme, even with the extra crafting, I will never overstock a glyph more than 20 (The stack size), so I will not run into bag slot problem as well.

Summary

This reactive setup hopefully will save up much of my time on restocking. Now only if I can get my mail faster……..

P.s 1

If anyone interested in my little hack, just leave a comment,

I’ll have the code released. (And I guess that would be after KevMar’s public release first)

P.s 2

Some explanation, if you care enough – I don’t like camping the AH, so the possible profit is my acceptable loss, and I am not able to sustain the need of my server, the profit per glyph and the glyph crafting time will overwhelm my play time, so, No, I didn’t use the Gevlon Method.

This post was writen a week ago,
since our 3.1 patch delayed, I had delayed the post as well.

Things changed a lot,
e.g. the first market still hold, the third as well
but I was lucky that I don’t get hurt by the stockpile prediction
(Although I still got 20 stacks of [item]Saronite Bar[/item] in bank…)

As I said the market will be chaos, and seems the prophecy came true to me….

=====
I know patch 3.1 is coming.
And it like a storm on US and EU Server
But I could not do a daxx thing about it in the TW Server.

Couples of reasons….

But I am not a Scribe!
Round 1 – Glyph [item]Inscription[/item]

The main battleground will be on the glyph market.

Since Dual Spec is coming and every single crazed player,

who never though about building a second spec will buy glyph on that day.

However, not a single reseller can able to beat that market with the scribes.

and I never pay my school fee to get my hand dirty with ink, so I am out of the game.

Reasons? my previous comment on skrooge’s post

Major Glyph market is very similar to the cut-gem market, unless you know much what’s going on, don’t set foot into it.

Say for most given class, only the a handful Glyph is used by the raiders and all else is useless.

On the other hand, the usefulness of any given Glyph changes whenever patch hits, and for the recent patches blizzard apply so close to each other, the price is very unpredictable, stockpiling is not an option.

One may only gain profit on a very short period of time in this market.

Why can the scribe handle that? They stock ink instead of glyph.

And restock the missing glyph coordinately.

The only thing I can do is get my hands on the inks and herbs.

However I had no idea on the inscription industry,

and even I look up the info on wowhead.

I bet my chance of winning is low.

Wow, that’ll cost a lot

Round 2 – High End Goods

[item]Titansteel Bar[/item] and [item]Moonshroud[/item]

while I can stockpile both of these.

The cost of both trade is high, and I am not so available for those trade.

I am doing “good” recently, if you count my asset base.

Not so risky trades. Suitable for me now

(Despite I throw a “big” move on enchanting material market)

I followed the Goblin’s wisdom (quote from Greedy Goblin)

You can sell fast or sell high, but can’t sell high fast.

So I have my patient pay out.

Generated a steady cash flow for me each day, since I buy really low.

and keep the market away from saturation.

However, since I am started so late (One week or two before the 3.1 Hit),

this revenue speed do not grant me the ticket to the big game.

Ethereal, Titan Ore and Steel, and Cool Down Cloth will skyrocket, no doubt.

At last, That’s where I could play
Round 3 – The Great Chaos

I had no idea where the round 3 is on.
However,
I am pretty sure there will be a very unstable market in those days

Unstable means Risk, Risk means profits…
By All mean, I should liquidize my asset soon for a fast track trading on those days.

I got my [item]Chronicle of Dark Secrets[/item] preparing as well