Gold Capped: TradeSkillMaster basic guide

edit: This is the basic setup guide for TSM. The advanced guide assumes you've read this, and you might want to read the basic description of what the addon does.
So you've decided to up your game and install an addon that lets you manage more types of auction house business in the same amount of time. All I've done so far is tease people, so I figure it's about time I wrote a TradeSkillMaster guide.
First things first: The addon on its own does nothing. You will need to download every one of the modules separately.
- Crafting This module allows you to create a queue of crafted items and automatically tells you what you'll need to make them.
- Auctioning This is module that lets you list your items on the auction house. It's the direct descendent of the Quick Auctions code, but a little more evolved and integrated.
- Shopping This module takes your mats list from the Crafting module and lets you buy for them automatically. It does other cool stuff, but that's all I use it for.
- Mailing This module lets you specify certain items to be automatically mailed to your alts (like sending all your enchant scrolls to an alt with enough bag space to handle it all).
- AuctionDB This is a module that's used by other parts of the addon. It keeps track of all your searches and provides market prices for tooltips and other modules like Crafting.
- Gathering This doesn't do much now except keep tabs on inventory on other characters and guild banks.
Getting started
Once you've installed the addon and all the modules, the first thing you want to do is set up some of the basics. Let's go and choose the recipes we're willing to craft when they're profitable. Click on the purple scroll icon around your minimap to open TSM's config panel, then click on the trade skill you are going to be using. I've chosen jewelcrafting as an example.



- A group is a list of items that are all priced the same way. For example, I have a group for all "low rent" Cataclysm blue gems (anything made out of a yellow or green) that will all be posted in batches of four auctions with a heavy undercut and a very low minimium price. I also have a group for all glyphs made out of Ink of the Sea, which I am willing to undercut down 5g per re-list, and I post five at a time with a minimum price at three times the mats cost. Sometimes, you just can't group items like that, though. Every single one of my enchant scrolls has its own group. It's just easier that way. To add each of your checked items into their own group, use the All in Individual Groups option.
- A category is a list of groups that all have the same default options. If I added hundreds of enchant scrolls to their own groups, I'd go blind and mad trying to price each one. If, however, I created a category before I came into this window, I'd be able to place each scroll into its own group and automatically put each of these groups into the same category. That means that unless I override certain scrolls' groups, they will all have the same default pricing. Any of you who have experience with older versions of this type of addon, go put gauze in your ears. No, I don't have each of my scrolls listed at the same threshold. I've got category default set to 100% of Mats Cost, which defaults each group to the proper value.

- Post settings Auction duration, number of auctions, quantity per auction. The defaults are fine for a lot of different markets.
- General price settings How much you will undercut by, as well as whether you want a lower bid (and no, you don't want a lower bid).
- Minimum price settings This is the point at which you stop undercutting. The most effective option is % of Crafting Cost, and I always set it to 105%.
- Maximum price settings This is what you will post when there's no competition.
- Advanced price settings This is what you do when someone undercuts below your threshold. Half the time, mine is set to post at the threshold; the rest of the time, it's either posting at fallback or not posting at all.



Okay, it's looking mostly okay. Even though our threshold and fallback seem to think they're fixed gold amounts and not a percent of the mats cost, the numbers to the left look good. Oh, also even though the numbers in the text above are wrong, the addon will post correctly. Speaking of which, how do we post? And how do we craft now, for that matter?
Get crafting
First, we need prices. Go to the AH, click on the fifth button, select at least Full Scan, and then hit the Get All button. If you have an SSD and 30Mbps internet connection like me, you'll be able to get to work in 10 seconds. Otherwise, go grab a coffee.


What say we go and sell these now?
Go to your favorite auctioneer, click the top right TSM button, then click Post Auction as many times as it asks you to.

OMG, there's so much you haven't talked about yet!
I know, but I can't post it all in one mega post, or 90% of my readers would go blind and the rest would get brain cancer. This is a basic 101 guide to taking TSM out of the box, updating the firmware, and plugging it in. With a little more effort, though, you can make this thing stand up and do tricks.
My personal favorite is "make the other guy play dead."
Filed under: Economy, Add-Ons, Gold Capped






Reader Comments (Page 1 of 3)
(cutaia) Mar 3rd 2011 2:04PM
This is a nice little guide. As I mentioned to you before, this addon is about the greatest thing in the world.
Twill Mar 3rd 2011 3:35PM
Why was this downrated?
Also -- BEST PICTURE EVER :D
Love the high definition
gewalt Mar 3rd 2011 4:25PM
I beg to differ. TSM is useless. Long Live QA3. If only the people "maintaining" APM would stop trying to merge it with the useless TSM crap and just "maintain" APM, I would be elated.
sarley Mar 3rd 2011 4:31PM
Because his post doesn't contain anything of value? He's basically just trying to say, "First."
(cutaia) Mar 3rd 2011 5:12PM
"Because his post doesn't contain anything of value? He's basically just trying to say, "First.""
Actually, the value in the comment was to praise Basil on the guide, since he and I had communicated previously via Twitter about TradeSkillMaster guides. Thanks for logging in for the first time in 3 months to explain your theory, though.
sarley Mar 3rd 2011 5:48PM
(cutaia) Mar 3rd 2011 5:12PM
"Actually, the value in the comment was to praise Basil on the guide, since he and I had communicated previously via Twitter about TradeSkillMaster guides."
...
"@outdps ~ Holy God...TradeSkillMaster is the greatest thing in the world. I'm making so much money for doing nothing."
28 Feb
"@cutaia_net I know, right?"
1 Mar
Ok.
(cutaia) Mar 3rd 2011 5:58PM
Oh, I'm sorry...I misspoke, which is apparently a big deal. I was actually referring to this:
http://wow.joystiq.com/2011/02/24/gold-capped-wow-prospector-for-profitable-prospecting/comments/33201598/
Running off to my Twitter history to try and prove I'm somehow lying about having talked to Basil about TSM guides seems like a lot of work to defend a stupid downrating, doesn't it?
sarley Mar 3rd 2011 6:04PM
Not really. I have nothing better to do right now than sit here on my ass getting paid to watch your constant groveling for attention. Since 2008.
(cutaia) Mar 3rd 2011 6:14PM
Well, at least you've given us all a good lesson in comments containing "value."
sarley Mar 3rd 2011 6:37PM
And you're very welcome for it! But the lessons herein pale in comparison to your 3000 comments of pure gold, so with that, the podium is once again all yours, professor.
ahsanali Mar 3rd 2011 2:12PM
This guide will be incredibly useful for all the budding auctioneers out there.
For me... I'll now have to get used to stiffer competition!
Fatpunk Mar 3rd 2011 2:14PM
what auction house addon do u need for this? auctioneer? auctionator? or none at all im trying to set tsm up and it sort of seems like u need it and it sort of doesnt as well
KataSamoes Mar 3rd 2011 2:22PM
I use Auctionator paired with it, works for me fairly well.
(cutaia) Mar 3rd 2011 2:23PM
None at all.
But yes, the initial set-up of TSM is fairly complex. Until you get that part done, it doesn't seem like it actually does anything. Haha.
Chairman Kaga Mar 3rd 2011 3:07PM
You don't *need* another addon with it. It comes with its own module (AuctionDB) for tracking AH prices.
You can also leave out AuctionDB and tell it to use Auctioneer's pricing data if you prefer the way it figures prices, which is more of a long-term rolling average.
Which one is better mostly depends on the markets you're in and how you're playing them. AuctionDB is more responsive to changes in volatile markets (like glyphs), while Auctioneer tries to keep its pricing consistent and only responds to significant market changes if they stay long-term.
As a side note, Auctioneer's method can bite you around patch time if you're not aware of it. For example, back in Wrath, the ability to prospect Titanium for epic gems caused its price to skyrocket overnight, but Auctioneer would assume this to be temporary price-gouging and tell you to keep selling at old (now way too low) prices for at least a couple weeks before it caught on to the market shift.
GrumblyStuff Mar 3rd 2011 2:19PM
It's a shame professions don't have the depth of auctioneering. It's almost a class/playstyle/game unto itself.
KataSamoes Mar 3rd 2011 2:21PM
That is bloody awesome. Thank you, Basil! This actually answers some questions I had about this..as I went nearly broke twice learning it (my fault, though).
Zamboni Mar 3rd 2011 2:21PM
"make the other guy play dead"
More accurate: "I'm sure they'll listen to Reason."
Pyromelter Mar 3rd 2011 2:38PM
I can't be the only person who's head just exploded.
talkingmike Mar 3rd 2011 5:25PM
My thought was, "Oh no, I've gone cross-eyed..."