To get a feel for the GW market, spend an hour or so in Kamadan, eyeing the trade channel (and watching Party Search). Then do the same in Lion's Arch. Then do the same in Great Temple of Balthazar. You'll see what people are trying to sell, what price they're asking, and what price people are willing to buy at.
In fact, as you do this, you may see a WTS of item X for amount Y, and a WTB for item X for amount greater than Y. This is basically easy money if you can swing it. But overall you'll see that high-end items have a range of prices. If you can buy low and sell high you can make good money but it takes patience. Also, like others have mentioned, you'll notice that certain materials are in high demand so farming for those can help you out.
Finally, you can make good money playing PVP because faction translates to money if you trade for Z-keys and so forth. Cool thing about that is PVP is fun in and of itself, as opposed to "farming." But anyway the best way to figure out the "GW market" is to spend time in the trade channel and also spend time on the WTS/WTB/PC forum sections here.
Understanding the Market
Sciros Darkblade
Olin
Quote:
I think you already have more then enough info on how to understand the market, but maybe another advice. If you're not into the SC/PvP part of the game, you should at least check out the equipment they require. Once you get a good idea of what they use, it might help you find such items more easily. Here's a quick overview :
Insc stuff : low reqs, rare skin OQ stuff: dual modded wands/focus (20/20 especially) 20/20 or 20/10 staves (1st mod is the inherent white, 2nd is the inherent gold one) dual mod shields (+10 vs dmg type, demons, and other species, -2w enchanted/stance/-5 20%, +hp (while ench or in a stance too) , +1 to caster attributes 20%...) +5e or 15^50 rare skinned martial weapons |
Amy Awien
jimbo32
One last important thing to keep in mind:
While they're doing their best to be helpful, most of the people who've replied to this thread *are not* serious traders. Not on Guru, anyway. You would've likely gotten better (and more credible imo) advice if you'd posted in Trader's Outpost instead.
While they're doing their best to be helpful, most of the people who've replied to this thread *are not* serious traders. Not on Guru, anyway. You would've likely gotten better (and more credible imo) advice if you'd posted in Trader's Outpost instead.