| Markco of Wow Gold Blog Just My Two Copper. | | | | part that takes some nerve: do NOT watch the |
| For today and tomorrow, I have two ideas for two | | | | market to determine your next move, but instead sell |
| very different types of people. They are the ones | | | | at a predetermined time and price, according to the |
| who have little more than two copper, and the ones | | | | cycle you have observed. Once you have bought or |
| who don’t have time to count all their gold. | | | | posted, watching each individual move in a cycle |
| We’re going to apply free market principles here | | | | makes you vulnerable to try and press your money |
| and end up with a strategy that each group can use. | | | | too hard or sell too early. |
| Here goes! | | | | You’ve been watching this market cycle regularly, |
| First, we have the poor. Have you ever heard of | | | | therefore you know it will be coming back, even if it |
| business cycle frequency? How about the business | | | | falls a little right away, so don’t panic. You should |
| cycle? Still no, huh? Alright well, a business cycle begins | | | | know what time to sell and at what price based on |
| with a market growing, then the market stops growing, | | | | how the market has cycled before. Watching it can |
| then it falls, and then it stops falling. This is a full cycle | | | | only make you panic. |
| at which point it simply repeats. Business cycle | | | | Let’s take a lesson from the real world: the little |
| frequency is how many times a cycle occurs in a | | | | guy gets crushed in investing unless he rides the |
| given time frame. Some real world cycles complete | | | | coattails of the big guns. You don’t have enough |
| every 10 years, others 5, and others daily. In WoW, | | | | money to try and move markets, so don’t try. |
| every market fluctuates up and down with some kind | | | | Doing so will get you burned. Simply know when to |
| of regularity; though some cycles will be longer than | | | | buy and when to sell. You’re not looking to |
| others, and some will end down a little while others end | | | | maximize returns right now since you don’t have |
| up slightly. | | | | the cash to invest and can’t afford any substantial |
| As a pauper, it is your goal to first find out what the | | | | risk yet. Right now, just play it safe and make a little |
| average frequency for a market is and then simply | | | | money. Don’t get greedy! There’s an old saying |
| hop on board at the right time. So pick a market and | | | | on Wall Street: Bulls make money, Bears make money, |
| observe it for a while. Buy when the market | | | | Pigs get slaughtered. In other words, you can make |
| predictably stops falling. Remember, a rising tide raises | | | | money in good markets and bad markets, but if you |
| all ships, so buy something, anything, (even if you can | | | | get greedy, you’re gonna’ lose. |
| only afford one of something to start) and watch the | | | | Now don’t you worry Rockefellers – your post |
| growth begin. While this works, remember that when a | | | | will be on tomorrow. Till then, happy riding on the rising |
| big player pulls the plug out of the bathtub, all ships will | | | | tide. |
| fall regardless of their actual value, so here’s the | | | | |