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This was very helpful, although I don’t have many tickets now with which to invest, I did buy 4 promo condemns for .8 total, upon seeing that they would be reprinted in M11. I assume it will take path to exile’s place, but since it’s been reprinted many times I don’t expect the value to be as high. however, what do you think of such a purchase?
The note about bankroll management is the most important part of this column for speculators, second being to keep a ledger. Both are excellent points.
Unfortunately I was off the grid last weekend and missed this party. Next chance for decent speculation looks like reacting to (or predicting) the first extended metagame shift – especially if the Fae dominate or at least prove popular.
any piticular reason you didnt invest in secluded glens? Or scion of Oona?
I personally emptied the 43 tics i had on 2 cryptic commands 6 mistbind cliques 4 scions 18 secluded glens 4 pools and walked away with 130+ tics from it.
So granted i did exactly what you suggest not to but it also points out when you’re pretty sure on a card or a deck that’s going to rise that it can also payoff.(i’ll admit or go horribally wrong but in this case does ANYONE expect fae to NOT have a major turnout?)
im trying to decide if i should sell a few spares (blossom, v clique, sunken ruins, cryptic) and get merfolk cards. any advice lord kelly?
I actually did invest in Glens and Scions. I didn’t list everything on that list I made great money on both actually!
Chris, I’m not sure what they’ll be at when you go to sell, but you also play rather than just trade (I don’t play at all!) I’d try to get an easy Double-Up on everything above a play-set, rather than get greedy.
This has probably been asked several times before, but how is it possible to keep track on what season is about to become active (standard, ext and legacy)?
I’ve been told about mtgmom.com, but it does not tell what format is going to be played at the tournament.
“I bought FAR more than this little list, but these are some of the things I’ve already sold out of. I am very risk-averse, and if I can aim to hit my target of +100% every time, I am happy”
This is what a lot of my stock trading buddies do. They will brag about all their good trades while failing to mention their bad trades. Were the ones you did not mention profitable also?
I am pretty sure that all speculation includes lemons. I for my part usually don’t buy tons of the same card but even with small scale trading such as “Rags to Riches” it became pretty clear to me that not everything can be a hit. Would be to easy then I guess.
Heath has a good point though. People often tend to “forget” their negative experience and remember the lucky hits.
@Artlee: http://shadow.wizards.com/Magic/TCG/Events.aspx?x=mtgcom/events/protour
This has each scheduled Pro Tour and the format for its qualifiers- you’ll notice that the date of the PTQ season is not provided. There is a link in the article to the 2011 PT Schedule Announcement, and it has the relevant information. Enjoy!
http://shadow.wizards.com/Magic/Magazine/Article.aspx?x=mtg/daily/other/090110
Thats a good Idea to have a target price. I figured you just watch the prices go up and as soon as they slowed down or stopped going up you sold them.