The Top 10 (Murphy’s) Laws of WoW Trading

Sometimes things just don’t go your way as a trader. Sometimes it seems as if the world is against you. We call these situations, the Murphy’s Laws of WoW trading.

10. If you really need a farmable material, and set out to go farm it, you will find lots of other materials but very little of what you are looking for. You will see, however, your guildmates finding lots of your target item in whatever zone they’re in. They will proceed to say things like, “Oh look, more Titanium. I wasn’t even looking for that tonight. LOL!”

9. Flying to that same zone yourself will only ensure that neither of you find any more of the target material.

8. Identifying a new, underserved niche market, that no other player has sold in for months, will always bring competitors who wish to supply that same market at exactly the same time.

7. The one item that is selling for an abnormally high amount on your server and you also have in stock and available for sale at the moment will also be the very item that your guild leader, significant other or best mate will be selling at the same time.

6. If you read that X item is a great investment or selling opportunity on one of the WoW blogs and set out to invest in this item yourself, you will quickly learn that you were the last of many people to read this advice and the opportunity will be long gone.

5. Hoarding an item for sale at a later time will ensure that that item never significantly increases in value. Instead…

4. …The item you decided not to hoard and have little supply of will spike in value.

3. Your farmer will disappear. Inevitably. The likelihood of their mysterious disappearance increases as your dependency on this person for your supply increases.

2. The higher the amount of the deposit on an item, the less likely it is that it will sell in a single sales cycle.

1. The percentage of completion of posting your auctions is proportional to the percent chance that your main competitors will log on. Thus, once you have posted 100% of your auctions, a competitor is 100% sure to log on and undercut you on each auction.

Any of these ever happen to you?

Advertisements

11 Comments

Filed under Funny Money, Off Topic, WoWenomic Theory and Discussion

11 responses to “The Top 10 (Murphy’s) Laws of WoW Trading

  1. #6 Sounds a lot like Tankards o’ Terror!

    This is a really really great list, and so true. Thanks for the laughs Jederus

  2. Kotamundus

    I think you forgot one:

    The number of competitors in a market will rise in proportion to the profit you are making in that market.

    Oh wait – that’s a law of economics, damit! Murphy was an economist wasn’t he!!

    Fess up, one of you must know, Murphy gave Mr. Smith the whole invisible hand idea didn’t he.

    😉

  3. This struck very close to home. Especially #10, i feel I experience that on a daily basis.

    Thanks for the list, it was quite funny.

  4. Great post, too true. Regarding #8 I find that if I leave a market for a short period of time (due to RL or vacations and such) and that market is heavily competitive when I come back nobody is posting in it. When I start posting, all of a sudden there is major competition.

    …maybe it’s time to make another bank alt.

  5. Safrienaer

    4 and 5. If I buy loads of Titanium ore for 15g/each, the price is guaranteed to stay low until I get frustrated and sell it all for 16g/each. Once it’s all gone, the price will rocket to 24g/each the next day.

  6. 4 and 5 here too. When 3.1 came up I expected a huge increase in titansteel prices for some reason (think it was titanium rising in demand) so I made myself a bunch of them (when I still had mining) and waited for the patch and noticed no major increase. Luckilly I then noticed when the AH was almost empty and sold most of them for 200g+ 😀

    Then it’s 4, the old titanium story which I didn’t think would work out. I was wrong…

  7. Well done.

    All of these seem to encapsulate my experience much better than the multitude of bloggers who claim they make 10k a week and no one seems to share the market with them.

    🙂

    • I was just looking at my response to categorizing goldmakers, and then my own comment here lol.

      I don’t average 10k gold a week, probably more like 3-6, and the markets I’m in are fairly competitive. I haven’t found any markets that are as empty as so many posters and commenters seem to imply.

  8. Steve4fun

    The more wow income-maiking sites you visit, the less you will make. (lol)

  9. i have been reading your blog for a bit now, just wanted to say thanks for this. and i have am subscribed to your RSS feed. look forward to reading more from you

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s