How to make lots of money with DE (guide)Follow

This is a good way of making moeny, went from 20g to over 100 in a week , another good way to do it is make good greens and DE them , the char i did this on was a tailor / enchanter , i went from tailoring 250 - 300 , and doubled the money i put into it! This meant i was getting two for the price of one , making profit , and leveling another skill. Thanks for the great guide that has shown me how to actually make money :)

Edited, Feb 19th 2007 6:53am by Joaxim

I will definately be doing this.

Also, since I'll probably be doing this on an alt, what's the average GPD (Gold per day) for a low level?

Edited, Feb 19th 2007 7:14pm by Xfaactor

By the way...that was a 50s profit. Low price I know...but was testing to see how fast it would sell. Sold within 45 mins of putting in the AH.

A lot depends on your initial starting gold. DEing from the AH is a cash-flow business. The more you have, the easier it is to make it flow. Because I bid on a lot of items. 90% of my buys are made by bidding, rather than buy-out, so a good ***** of cash is always tied up in the AH. The more items you're able to buy, the larger the number of mats you have out to sell will be. Also, some won't sell well, so you have to take a long-term view, and keep putting them up. Eventually, someone will buy those mats at your price - but in the meantime, your gold is tied up in them.

When I first started on this, I gave my alt 10G to start with. There was an initial (about 2 week) period when I thought I was losing money. I wasn't, but my money was tied up in mats, and I had very little to buy more items. I persevered, and eventually made a killing.

So far, I've twinked all my characters, purchased a warhorse, purchased 8 mounts for guildies, helped another guildie by buying 140 Thorium bars he needed for a quest, etc., etc., and I still have over 2000 gold in my alt's backpack.

No need to go to 295 if you are just looking to be able to DE anything, just need to hit 275. I got to 275 without using hardly any eternal essences. Lots of Dream Dust and Greater/Lesser Nether some lesser eternal very few greater. Sometimes I would even enchant things that were yellow because the mats were so much cheaper that it was worth the risk that you don't get a guaranteed skill up everytime. You also don't need to hit 275 in Ullda you just need to train enough 260ish enchants so you can hit 275 back in town.

I think it is now worth it to hit 275 for money making. Arcane Dusts for a while where kinda cheap on my server while illusions were more expensive. Now it has shifted and it is starting to be very worth it to DE 61+ items to sell arcane. Just remember if you get someone to run you through you need to be 35 to train to artisian.

Also in general for this process just keep an eye on trends. Greater Eternals are my biggest money maker by far. But somebody on my server recently flooded the market with them and dropped the price by a ton (I would recommened not doing this, only put a few auctions of each mat up at a time). They have been selling for an easy 10g a piece and often 12 for quite a while and this flooding dropped them to 7g for a few days. This got to the point where it was very hard to find any 51-60 weapons where the profit was worth it to buy them to DE. But often you can just wait it out (buy up a few of the cheap ones if you can) and then put your mats up later. Also be aware that auctioneer can lie to you easily even with good sample size. Some of this could come from people playing the meta game and listing mats higher then they will ever sell. IE, my auctioneer still thinks that Illusion Dust is worth 3g each. I often expire when I sell stacks of 20 for 30g (sometimes I sell some for 35). When you run a search for deals in auctioneer and you see a ton of auctions for something that is supposedly a great deal at a very high % profit right you might realize your data is lying to you so don't let the number rule you. Pay attention and use it as a base only when you don't know.

QFT. I guess the question is really "do you want to be an enchanter or a rich disenchanter?"

Edited, Feb 27th 2007 4:00am by ohmikeghod

you also should check the server and what you can do. on some of the new servers enchanting mats are actually loosing money until you get past 225. past that, good luck.

i'm new in WoW so please bear with me
i just started playing about a week ago with my friends and now interested about this money-making guide so i downloaded all the required add-ons..
i went to the AH, scan it, load up the enchantrix and type in the percentless command but it said "command disabled until next major release"..

what went wrong ??

The work-around to this is to take the HSP (highest Sellable Price) that is displayed on the tooltip and divide that by 2. That will give you a "buy" price thatis comperable to the price you would get from percentless 50. Manually search the AH for items under that price, and you will make money. I use the buy price from this calculation for bids as well as buyouts, and over 80% of my disenchants come from items that have been put up for bid at ridiculously low prices.

The system does not take into account the mean value of the item you are disenchanting, but a value of the enchanting mats that the item disenchants to. If your scan shows a dozen belts selling for 1g, and one belt that sells for 10g, along with the disenchanting products at an average of 2g, then the /percentless command would return a list containing the names and prices of the belts that cost 1g. And the value of the enchanting mats is not exactly an average, but more heavily weighted on the most recent price snapshot.

hmm according to the HSP/2 technique, if the HSP/2 is higher than the purchase price then u buy the item then disenchant it then sell the mats ??

the green items u purchased has a % of d/e eg 75% greater magic essence 25% strange dust. so if u buy the item seeing that the HSP/2 is higher than the buyout price then d/e it, if u got greater.. then u make a profit but if u get strange dust from d/e then u lose money ?? is that right ??

Edited, Mar 3rd 2007 8:54am by apollogic

lol i just asked the same question a few posts ago !!

so i have to buy the items whose buyout/bid price is lower than the HSP/2 to make a profit then, is that correct ??