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Sunday, June 15, 2014

CLD/Ark Deed Trading: A Look At How It Works

If I don't tell you someone else will and I'd rather get the blog traffic!

Some of you have already figured it out and if you are like me then at one time you wondered how it was done... Someone told me they made a ton trading CLD's... Trading CLDs? Really? At the time I had forgotten about the order function at the AH... I wasn't used to deeds being orderable, but they aren't the typical deeds.

You can place an order for CLD's and Ark deeds. I see orders on Ark deeds for example ranging from +41 peds to +45 peds a piece. If you get them at a low enough order, the daily price on Ark deeds ranges from 46 peds to 48 or 49 lately. It isn't a huge spread, but it is possible to carve out some extra peds. Just bear in mind you will have a little over a ped in auction fees when you relist an ordered deed.

If you want to buy many deeds to keep then I'd recommend placing an order just above what the traders are paying that way there won't be enough in it for them to try and outbid you in the orders.

I had several ark deeds for a day. In that day I earned about a pec per deed. Not much. But when you consider that it was a slow day and I didn't see any ark underground hofs to speak of, it wasn't bad at all. I would imagine if they run any underground events again or otherwise have a busy day it might surprise a person what the ark deeds would pay.

The beauty of trading them is, while you own them you own the dividends too. So even if it takes you a week to flip your deeds you are still making something plus your profit from selling them.

CLD's work the same way, just it is scaled up and presumably with larger margins simply because the auction fees must be horrendous on a CLD to relist.

Good luck, happy trading!

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