Note: this question was originally posted on the private tpextractor forumÂ (premium access) and I have only included my reply as the answer. Itâ€™s a great community with lots friendly help and tips so be sure to check them out!Â
Iâ€™m having a bit of a problem moving into the bulk trading market because I keep hearing everyone talk about blackberries, strawberries, blueberries, etc. but when I check the TP, itâ€™s not profitable? The buy orders might be like 40c, 41c, 42c, and the sell orders are like 49c, 50c, 51c. Do you guys not undercut and overcut and just place those orders just before the wall or am I doing it wrong?
I make a lot of my gold through the buying and selling of Crafting Materials in bulk so writing up a quick miniguide wonâ€™t be hard, all you really need is some start gold, access to some trading post tools and a little bit of common sense!
First of all, when you are trading in a large volume (bulk), you should not be looking at the current buy and sell price but at what these prices have hit over the previous week. For this example we will be usingÂ Blackberries.
If you look at this weeks graph you will see that the buy orders (red line) is currently at a “high” of 70 Copper each. Whereas a couple of hours before they were selling at a “low” price of 65 copper each. (the lowest for that week)
Then we look at the sell price (blue line) and the first thing you will notice is that it is very “busy”, with the price constantly dropping and rising. By slowly dragging your cursor along the graph (left to right) you can easily find the weekâ€™s highest, lowest and average sell price in a matter of seconds. Doing this I can see that the highest it has sold for is 86 copper, the lowest is 66 copper and an estimate of the average is around 81 copper.
Next, we need to check if this item is profitable! Go to gw2tp.net and use the drop down calculator by clicking the “calculator” link at the top of the screen.
As you can see, buying at these prices currently gives us a 4 copper profit per blackberry, but it only gives you a 6% return which is great if you can afford to purchase more than 10â€™000 in bulk but is a pretty poor return for your investment if you cannot. This is why we target Crafting Materials for under 30 copper each unless there is a possibility of the blackberry price rising in the near future. (speculation)
Anyway, if I decide to continue with the investment the next step is to check what buy orders are currently on the Trading Post and decide if we want to wait in a queue to buy them at 65 copper each, or sacrifice 1 copper in profit and purchase them faster.
Donâ€™t worry that there is 2500 buy orders above the 65c price point as that is only 5 stacks of 250 and players tend to sell 5 - 250 blackberries to the trading post at any one time, and they come in fast! With only 3540 blackberries ordered at 65 copper (and myself planning on buying 10k+) I will go ahead and buy them at 65 copper each. For the sake of simplicity we will pretend that they are all fulfilled instantly, I now have 10â€™000 blackberries bought for 65 copper each.
Looking at the current sell price..
We can see that there is relatively little supply between 80 - 83 copper before we hit the 7300 plateau at 84 copper each. Now I do not want to be stuck in a queue behind that amount of stock, however since there is only 600 at the 83 copper price there is the opportunity to make more profit than previously planned.
Bear in mind, the last thing I want to do is make another plateau (as others will undercut), so I will slowly drip feed (50 - 500 at a time) my stock of blackberries into the Trading Post and let them sell for a couple of hours before adding more stock. This may take more effort but I find it much more efficient and only takes you a couple of minutes every 3 - 6 hours. (if youâ€™re going offline for a larger period of time, put in anywhere between 1000 - 4000!)
I havenâ€™t looked at them lately, but the following crafting materials are pretty safe to flip in bulk:
- Head of Garlic
- Raspberry (watch price for when its low!)
- Poultry (rising in price)
- Slab of Red Meat (also rising)
- Grape (watch price for when its low!)
- Orange (watch price for when its low!)
- Sugar Pumpkin
- Egg (watch price for when its low!)
- Butternut Squash