Gold Capped: TradeSkillMaster advanced guide

edit: This is the TSM advanced guide, which assumes you've read at least the basic guide, if not the introductory description of the addon.
So last time we talked about TradeSkillMaster, it was just to go over the basics of the crafting queue. Let's finish the guide and talk about how to set up TSM so that it requires nothing more than a few minutes a day to get your work done.
First thing we'll want to do is update the addon. Since the last post, there's been a new version posted that's ironed out a few bugs. Don't forget to update the Crafting, Auctioning, and Shopping modules as well. The others haven't been changed.
So following the last guide, your trade skill window now looks something like this:


I hear you asking yourself, "How does it know what my profits are?" The answer is in the next image. Click on crafting options (the third icon down on the right) and you'll see this:

- What to base the prices it uses to calculate profitability on
- Which characters and guild inventories you can use
It gets messy with things like raw gems and inks where you can either buy the unprocessed ore and herbs or buy the actual reagents (like inks or uncut gems), but I still use market value for the cost because the opportunity cost of cutting and selling an uncut gem is what I could have made selling it raw. It gets even messier when you have so many raw materials in stock that you value volume over profitability, and it's positively filthy when you get multiple types of goods from the same processed raw mats.
As for the inventory settings, you'll want to include all your alts and any storage guild banks you own. I've unchecked the guild bank for the actual guild I'm in because it's not my stuff in there. This will make it so that when you queue something that requires items not in your bag but are in your bank, an alt's bag or bank, or a storage guild bank, it will appear as yellow. Red would mean that you have no items anywhere and have to buy or make them. Lastly, you can set a 5% profit reduction universally here that lets you account for the AH fees.
At this point, if you were to click Restock Queue, it would queue up any profitable recipes up to the quantity you specified in the profession's global options. If you want to set certain items to queue a higher quantity, then you'd want to go back into the profession options and click here:

The last thing I'm going to show you overrides the costs you set a few steps ago. The market value of your mats is always an important part of your profitability, but sometimes it's just what you want to use. Click on the materials header to the left, and here you can override the cost of any item used in your trade skill.

This shouldn't be done, by the way, if you can't keep enough in stock to list both raw and processed mats. If you're short, you want to list them which ever way has the highest price. For example, I can transmute red gems for just under 60g, assuming I am a transmute specialist on my alchemist. I can sell uncuts for 90g or more, but the market for that is not infinite. As I flood the AH, I have to undercut harder and harder to sell them. I can sell cut red gems much faster at that price range, so I list both cuts and uncuts, increasing the number of red gems I get my money back on.
Try this out for yourself and let me know how it works for you. Also, share any tips or helpful suggestions you may have.
Filed under: Economy, Add-Ons, Gold Capped
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Reader Comments (Page 2 of 2)
Anonymous Mar 22nd 2011 6:11AM
Thanks for another great article!
However, I'd really like to be able to shop for all my recipes for all my professions for all my alts from the one character(my AH mule), then send those mats to the alts to craft, then send them back to my AH mule. If that makes sense. Is this possible? Am I missing something? Can I queue up things for my alts from my AH mule?
Miranas Mar 22nd 2011 9:36AM
Yes you may queue items from another (banker) toon. Open _Crafting and select a profession on the side. I don't remember if you have to hit the open crafting window button, but it is possible. You won't be able to make anything without the profession of course. But you can use _Shopping to get the mats for the queue and _Mailing to auto send them to crafters. One login to the crafters and _Mailing to send your items back to the banker.
tazin Mar 22nd 2011 7:03AM
Basil, will we ever see a gold capped based on the fine art of flipping? I have maxed lw, tl, alch, ench, working on jc and insc. But still i find it easier to just buy low and sell high. I spent a whole afternoon setting up TSM but still find it cumbersome to stock up, craft, and post, with a few relogs and mailings in between.
Are there any addons specifically designed for flipping?
pogle Mar 22nd 2011 7:58AM
I've been having trouble with TSM and my inscription business. I've got so many glyphs made and for sale that I was having some inventory issues handling glyphs that were (temporarily) unprofitable while waiting for prices to rebound. So I sent those glyphs off to an alt, and just use him to list them when they go back up in profitability.
Last night I went to restock, as I'd sold out on some of my most popular glyphs...and I noticed that TSM is also trying to restock all the glyphs that I've got on that alt, as well. I looked around the menus for about 15min trying to figure out how to make it notice that I already owned the max restock amount for those glyphs elsewhere, but couldn't get it working. I'm stuck picking glyphs to craft manually again to avoid an overabundance of the slow sellers. Anyone else had this issue? Any luck resolving it?
Thanks!
Antti Mar 22nd 2011 11:16AM
I have the same issue. Although I have not fixed yet. This article does seem to address that issue (inventory settings paragraph). Will try it out later today.
Either way, TSM & these wonderful articles by Basil have turned my AH game around. No more flipping to make gold. Finally making big profits with BS (buckles and pvp items) and JC. Excited to get my scribe/alchemist to 85.
pogle Mar 22nd 2011 12:18PM
Yeah, my inscription went from moderately profitable to insanely so. I managed to break thru with a critical mass of glyphs that I'd been overlooking, and drove that profit into a darkmoon card business.
I need to look at getting my JC up and running in TSM now as well. But I've got to fix this issue first, as my JC toon is also my main raider, and doesn't have inventory to hold lots of gems in addition to both feral and resto gear.
Last night I tried configuring which characters it could look at, and which guilds, as described in this article, and the issue still persisted. It seems like those settings are currently only looking at materials for crafting, not the finished goods.
Z Mar 22nd 2011 2:05PM
Pogle, Basil actually tells you right here in this article how to set it, called Inventory Settings. You need a datastore module though that keeps track of what character has what. I am not sure if this comes automatically with TSM however. Mine was already installed because I run the addon Altoholic that uses Datastore, so it worked fine from the start.
One thing to keep in mind: TSM will NOT keep track of any items that are in any mailbox. So you want to basically empty all your mailboxes first before running any restock command.
Hope this helps.
pogle Mar 22nd 2011 2:45PM
I've got Datastore stuff from Altoholic as well, and as I noted in my reply earlier, I had independently configured the stuff Basil talks about in this post last night while trying to solve my problem. My Datastore is aware of the existence of the glyphs on the other character (I can see them listed in Bags, Bank, AH, Mail, etc via Altoholic) but it still insists on trying to restock them locally if they're not in my Inscriptionist's local inventory/AH.
I also tried swapping from Datastore to the other database (Gathering IIRC) and same (lack of) result.
I'm really thinking its a glitch and/or undeveloped feature in TSM at this point, given the in-development nature of the addon.
Z Mar 22nd 2011 9:11PM
Ok, in that case I have no idea other than that it works like a charm for me. You might want to look around at the consortium forums where a lot of the TSM addon creators lurk around to see if they can help you.
pogle Mar 22nd 2011 9:33PM
Thanks Z, I'll take a look.
Maegnar Mar 24th 2011 6:18AM
Hello, Basil
Here's my question.
When I press "Restock Queue" on my miner/bs char - it lists bars as materials needed for crafting. But since I'm a miner - it's much cheaper (~2x times) to smelt the ore and get the bars yourself.
How can I make TSM to evaluate ore vs bars prices and offer buying the cheapest of the two? e.g. 40 elementium ore vs 20 bars.
Basil Berntsen Mar 24th 2011 9:48AM
That's weird- on my realm, ore is more than half the cost of bars. It's illogical, but consistent. In any case, simply adjust the cost of the bars in the cost override section like I showed, and smelt them instead of buying them.
gav Apr 24th 2011 9:59AM
@Kuri
Over time I have learned that market price is basically irrelevant. I sell items everyday well above market because I have them list when other do not. Take silver rods for example I sell several everyday for 4 to5 g (a fair price, one based on my cost to get silver bars etc.) but everyday there are also many listed 90s, a price I would lose several gold on. TSM tell me not to make it because it would be unproftable, it comes down to knowing your markets. TSM is amazing but do not become overly reliant on it or it can cost many thousands of gold as well. Nothing can replace knowing your markets.