Comments on: Trades, Trades Everywhere! https://www.quietspeculation.com/2010/10/trades-trades-everywhere/ Play More, Win More, Pay Less Mon, 29 Nov 2010 03:50:44 +0000 hourly 1 By: Noah Whinston https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4218 Thu, 14 Oct 2010 16:21:55 +0000 http://www.quietspeculation.com/?p=2596#comment-4218 Taking these comments into account. going in completely different direction this week

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By: randomsyllable https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4217 Thu, 14 Oct 2010 07:20:26 +0000 http://www.quietspeculation.com/?p=2596#comment-4217 I agree with the other thehordling's review of this column – there's no actual insight or even data to mine. Instead, it's just a list of trades with you gloating about how you sharked someone. I can also gain $50 on a trade if I shark newer players and overvalue the worth of my proceeds.

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By: Mr.C https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4216 Tue, 12 Oct 2010 12:32:03 +0000 http://www.quietspeculation.com/?p=2596#comment-4216 The TCGPlayer prices are updated quite frequently, from what I noticed. I tend to use their low prices in trades. Makes it very accurate, although I can trade at SCG if someone demands it. Just means I'll be getting $1 for my Tajuru Preserver, instead of $.32 🙂

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By: Bleachy https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4215 Tue, 12 Oct 2010 06:27:08 +0000 http://www.quietspeculation.com/?p=2596#comment-4215 I am not against using MOTL as the default price reference on this site. I prefer TCGPlayer because I am . . . biased towards eBay and Paypal. But MOTL is certainly more accurate than SCG.

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By: Corbin Hosler https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4214 Mon, 11 Oct 2010 23:12:45 +0000 http://www.quietspeculation.com/?p=2596#comment-4214 I like the article, and the analysis is spot-on for the most part, except in a few cases. I'd love to hear more about MTGO, since you seem to be prolific there.

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By: thehordling https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4213 Mon, 11 Oct 2010 22:47:43 +0000 http://www.quietspeculation.com/?p=2596#comment-4213 In reply to Douglas Linn.

Oh, hai Doug! I would say Ebay is the most fair pricing method for reporting gains and losses because you can actually buy and sell at those prices multiple times. The more heaving sold a card is, the more reliable the pricing is. MOTL is pretty good at this, but there are a few issues with it. One, their price guides aren't updated every day. I don't know what it is, but I think it's like once a week or something. Trends can happen pretty fast. 2, and this is against Ebay too, is that it's unreliable on cards that are not sold or traded often. For example, I looked up an Ice Age rare, Formation, and MOTL listed it as $1. The card is obviosly complete trash and only valueable to ppl looking to complete a set, and Ice Age isn't hard to come by like Arabian Nights and to a lesser extent Legends. It was listed at $1 because only 1 auction happened, and someone actually paid a dollar for it for some reason. Naturally, I didn't ask for that card to be valued at a dollar.

TL;DR:
As long as the card is traded or sold with at least a little frequency, I think Ebay and MOTL are the most fair ways to price your cards.

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By: thehordling https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4212 Mon, 11 Oct 2010 22:38:59 +0000 http://www.quietspeculation.com/?p=2596#comment-4212 So we're up to about 4 articles now, and I guess this will be my review. Unfortunately, I don't find the series helpful at all. I try to ask myself "what did I learn" from each of your articles, and it's stone cold nothing. Each article just showcases how you ripped someone off by overvaluing your cards and undervaluing theirs. This isn't news, it's called being a shark, or put nicely "trading for value".

Also, your pricing system is crazy. While it seems balanced if you overvalue both sides, it doesn't always work out that way. If you view things as a percentage, you'll see why. Drowned Catacombs @ $5 is easly 100% increase. Verdant catacombs @ $11 is only a 10% increase. Most of the online stores overcharge more on the cheap stuff than the expensive stuff. For instance, many of their $1 – $3 rares are really only worth .50 on an open market like Ebay or MOTL, making them 100% overpriced, but Vengevines for $40 is only 12.5% overprice if they actually go for $35. The most fair pricing is Ebay since that is what you can buy and sell them for anytime you want. If some of the websites end up making a mistake, you can make some $ by arbitration, but Ebay is the most accurate pricing system for showing gains and losses because that's usually the best price you can cash out at.

If you want to write something valuable, show us how you are getting people to agreeing to those trades. Show us your methods and reasoning behind them. Tell us why you chose a particular card of theirs to trade for instead of the others you had to choose from.

One last thing. One of the factors SCG base their pricing on is how many copies of the card they have in stock. I've seen them sell out of a card at one price and raise the price of the card while it's sold out. That is probably what they did with Wurmcoil Engine. That's also what they did with Mox Opal at one point.

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By: Douglas Linn https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4211 Mon, 11 Oct 2010 22:18:09 +0000 http://www.quietspeculation.com/?p=2596#comment-4211 Do you guys find the MOTL price lists to be reasonable in pricing your cards? It's based on completed Ebay sales, which is the only site I know of that tracks post-transaction prices (as in, actual sales) versus pre-transaction prices (as in, wishful thinking on what something is worth):
http://magictraders.com/pricelists/current-magic

For high-turnover cards, do you suggest we implement MOTL pricing on this site as a standard? I'd like to hear back from you guys on what sites you use to accurately price your cards.

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By: Ben https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4210 Mon, 11 Oct 2010 20:55:01 +0000 http://www.quietspeculation.com/?p=2596#comment-4210 Wurmcoils are ebaying at $8-10. SCG is sold out, and their price is $20. That doesn't mean they were selling them at $20 necessarily.

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By: Mike https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4209 Mon, 11 Oct 2010 15:58:03 +0000 http://www.quietspeculation.com/?p=2596#comment-4209 Bleachy –
A quick check of some of TCGPlayers prices shows that they are not always up to date. It may be that TCGplayer updates weekly, I'm not sure, but the market is most volatile when a set first comes out. If your source of pricing info is inaccurate, then as a trader, you are "up a creek" so to speak.
Looking up Wurmcoil Engine also brings a list of sites that most people might have never heard of. SCG is SOLD OUT at $20, and they are also a reputable dealer. That being said, I will certainly be trying out some of these sites, since everyone at my local store agrees with the $20 dollar price tag, seems like a nice way to make a quick buck 🙂
Furthermore, if he uses the same source for all of his prices, however inflated you believe them to be, they are at least consistent.

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By: Bleachy https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4208 Mon, 11 Oct 2010 04:58:52 +0000 http://www.quietspeculation.com/?p=2596#comment-4208 According to TCGplayer (which lists nearly every online store), you didn't do as well on the tradedowns. I really have to wonder what you're using to price your cards, because it is overvaluing the lower end stuff. I'm guessing SCG, since you mentioned it for the Pack to Power.

Wurmcoil Engine is not 20, its 13.
Kozilek is 7.
Fauna Shaman is 7.

I don't give a crap if SCG is paying your bills. This is misinformation, and you're nickel and diming yourself. It's so bad that I would have happily been on the other end of almost all your trades.

This is why I let other people use SCG when I'm trading up. They're shooting themselves in the foot and I'm profiting from that. However, you guys are supposed to be the authority on trading, and you're falling for beginner crap like this.

The best way to value a card is "what would I have to pay to get this card by next week?" That means the minimum price from a store. Not the mid or the high (SCG).

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By: Nick https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4207 Mon, 11 Oct 2010 04:19:26 +0000 http://www.quietspeculation.com/?p=2596#comment-4207 I assume you're talking about an M10 archdruid (though $5 still seems a little high unless you're using SCG prices)? If you're talking M11 Archdruid though, that is definitely too high.

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By: VXC https://www.quietspeculation.com/2010/10/trades-trades-everywhere/#comment-4206 Mon, 11 Oct 2010 00:09:14 +0000 http://www.quietspeculation.com/?p=2596#comment-4206 Your comment about drowned catacombs may not hold up, lots of new U/B lists comming out

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