Weekly recap email

Starting this week you will receive every Saturday morning a weekly recap email. The email contains a number of useful information condensed in a unique place, such as number of trades, profit, Return On Investment, suggestions and advises. The information is available on the Online Control Panel (the email contains the links for it) but having them clearly stated in a unique place every week is useful.

What are the data you usually look for? If you think there is something we are missing, please let us know. Below an example email :

Why do investors share their picks?.. (Part 4 of 4)

Part 4 (Conclusion)

Once the prices start to drop drastically, all the investor's followers will start selling out the cards, some will still make some profit but many will make a loss.

The 210 Event tickets this supposed investor made will be coming from a combination of losses between followers and sometimes even bots. 

What can we learn from this?

If you are someone looking for making some profits and decided to follow someone else's investment idea, remember that the investor will likely always make the most out of it as he/she got to buy the chosen card at the lowest price. If you're just getting started, I would recommend you to try your investment skills in low risk cards such as "bulk" 10cent rares that have potential of becoming "decent rares" (if a bulk rare goes up to 0.30, you may be looking up to 200%+ return).

If you are just a everyday bot user, luckily MTGO Library bot has options to deal with this!

The Buy/Sell consistency tool would help you on this specific situation the following way:

After selling the chosen card at its "lowest" ~30tix sell pricemark the bot would very slowly increase the old ~25 tix buy price and even limiting it to 30 tix for a set number of days, preventing you from "accidentally" buying it for 35+ after the burst of people looking for it.

Although this feature was heavily criticized by investors themselves, it's still a crucial tool to prevent bots for taking up big losses on these specific cases.

Why do investors share their picks?.. (Part 3 of 4)

Part 3 (The sellout)

This is the single and most important moment on the investor's strategy. After the burst of followers buying the recommended pick, the investor must identify the right moment to dump his 30 cards bought for a total of 900 Event tickets. If done too early, it can result in reduced profits, if done too late, the investor will be competing to sell with everyone else, resulting in potential losses.

Once the followers copied the investors pick and raised the value of the card, usually, the investor takes the opportunity to dump his copies of that same card. When this is done at the same time or just after the announcement to pick the card, it usually results in a soft price rise while the investor's cards get sold for little profit. When this is done days/weeks after the announcement and prices reach a peak, it will result in a big downwards spike. If timed perfectly, the investor can pull about 7 Event Tickets profit for each copy of the card bought at 30 "tix", resulting in a total of 210 Event Tickets profit.

Why do investors share their picks?.. (Part 2 of 4)

Part 2 (advertising and sharing)

After the initial 900 Event Tickets spent, the investor will often advertise and share his picks. There's several reasons to do this. One of the most common reasons why they share it's to increase the value of the cards at his/her possession. The more people that follow and buy the card (now priced at 32-34 instead of 30) the higher the card will increase in value.  

This is great news for the investor, because now, the graph can not just be used to prove his/her investment knowledge, but also to estimate his/her own profits. After a couple of weeks the 

card is now being bought (by bots) for 35 tix and sold for about 40.

Why do investors share their picks?.. (Part 1 of 4)

Part 1 (The planning and investing)

Hello everyone!
On my next series I will be talking about investors and how they use their followers for their own advantage.
Often you might see a highly respectable MTGO player openly saying what cards are they investing on and why. While it seems that they are being kind to you, I would recommend you to be very careful before following them.

The first step from an investor is to pick up a realistic target, a card that has true potential to rise in value and make a profit for themselves, these are often stable rares, fetch/dual lands and so on.
They pick one of these cards, as they are hitting a "low spike". Lets imagine that the chosen card is being bought (by bots) at about 25 and sold at about 29. After buying about 30 copies at an average of 30tix each the investor spent 900 event tickets but has yet to make a profit...

Starting a second business or expand your existing one? Part 1

There are many issues involved in whether to start a second business or not, often they go down to: "would the time, money and energy invested in starting a second business be better spent by focusing on the growth of the first one?"

This is something I am going through at the moment as I am investing most of my (little) free time on my new second business (Photography), sacrificing time to fine tune my pricing, advertising my bots and a good part of my stock (Event Tickets) in order to kick start it.

Many entrepreneurs have become successful by putting all their efforts into growing a single business, while on the other hand, many have found success through diversification. Just like most choices in the business world, both have pros and cons. On the next part I will be going to share some of them with you.

Approach MTGO Finance like Warren Buffet

If you have been living under a rock, you may never have heard of the most successful investor in the world: Mr Warren Buffet, 83 years old right now.

Here's how happy investing money makes him.

This guy has managed to get 20% a year on any money he has invested - over a long period of time. In the world of investing money, he has no match.

Based on a long article in the Swedish financial magazine Aktiespararen, I have tried to figure out how mr Buffet would approach MTGO Finance.

Here are some of his principles and how they may apply to Magic Online:

• Evaluate the company, not the market:  Think about the deck the card you are evaluating goes into. How will this deck do in the future? What will the demand be? Can the card be reprinted?
• Choose the right company and act as an owner: If you invest in cards, make sure you have played them. Be aware of the interactions of the card so you can properly evaluate if a card is overshadowed by a newer card. If you deep on a card, make sure you play it. Constantly.
• Think about the difference between a card's price and its value: Rageblood Shaman spiked on MTGO as it has a lot of value if a Minotaur deck becomes a viable (even tier 3) Standard strategy. The card has a lot of potential value but had a very low price. If you managed to sell in time, you could have earned 1000% on the first spike (5 to 50 cents) .There may be future spikes.
• Buy cheap and keep for a long time: This may apply more to stock that actually on the average have positive expected value (EV). Magic cards do not. BUT overall MTGO speculators are too shortsighted. Act on the major trends - such as PTQ season and not fancy guesses about the future. (Check out my Seasonal Trading video - link below).
• Trade as little as possible: Warren wants to avoid fees and you should also act to avoid fees! Do not give the bots 15-50% every time. Sell to humans. Get your own bot from mtgolibrary (you only pay when you sell!). You can trade a lot if you do not lose rake every time you do. Be aware of fees.
• Invest deeply in a few companies: Specialize. Choose a format or a set and learn everything about it. Do not try to speculate in all MTGO cards. Avoid more complicated areas like foils or promo cards until you are ready. We have all tried to speculate in too many areas. Consider how many speculators are trying to break Standard prices - maybe you should be the one that ignores the current set?
• Never borrow money for investments: If you borrow money to invest in MTGO cards, you are adding even more risk to a market that already has huge risk. Do not do it. I do not think there are many speculators that do this but if you even think about it - DON'T!
• Act rationally, not emotionally: Be aware of yourself and your emotions. You are your own worst enemy. Do you have pet cards? Are you attached to an investment and can't sell it to cut your losses? Learn about yourself. Know yourself.
• Be aware of interest on interest: There is probably a situation where you can get interest on interest on MTGO but I fail to think of one right now.
• Learn from your mistakes: When you have to sell with a loss think about why this happened. What could have turned out differently? Why didn't it? Did you make the right call and then something bad happened (like a sudden reprint, for example) ? How can you avoid this situation in the future?
• Take your own path: MTGO finance is different because most of the people on the market are players, not investors. Even so is it really your best option to check Reddit and Twitter and do what Marcel does? Or can you find your own niche?

Thinking like this made Warren Buffet the fourth richest man in the world:

http://en.wikipedia.org/wiki/Forbes_list_of_billionaires#2013_Top_10

He was beaten only by three guys who built worldwide companies. It is hard to approach MTGO Finance like Bill Gates, btw.

Some of my other MTGO Finance material:

• Check out the Weekly MTGO Finance tips show here: http://www.youtube.com/watch?v=RoEgvEaipZg
• Warning! Speculation on Magic Online will probably fail for you. Here's why: http://youtu.be/mHwCO4QCWqA
• Seasonal Trading on MTGO: http://puremtgo.com/articles/mtg-finance-seasonal-trading-cycles-over-year-magic-online

• Dan on Good Bots and Spreading Risks: http://mtgostrat.com/2013/09/mtgo-finance-good-bots-spreading-risks/
• The Most Important thing about MTGO finance: http://mtgolibrary.blogspot.se/2013/10/the-most-important-thing_23.html
• When do you sell your card? http://mtgolibrary.blogspot.se/2013/11/when-to-sell-magic-online-card.html
• When do you invest in the fall set (Theros)?  http://mtgolibrary.blogspot.se/2013/11/when-to-invest-in-fall-set-theros-for.html
• Is Core Set mythics the safest investment on MTGO? http://www.youtube.com/watch?v=WmyOxWT5qp8

Contact Info:
YouTube: MagicGatheringStrat
Web: mtgostrat.com
TwitchTV: twitchtv.com/MagicGatheringStrat
Bot:  mtgostrat. Show your support

Doubling Trades Project: Reward Loyalty |Part8 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Reward Loyalty

Number one rule when dealing with a regular Customer is to not take his/her loyalty for granted; You might remember when you started playing MTGO, you used to go to a certain bot, then you moved into another one, up to the point where you decided to have your own bots. What could have the first bot owner done better to keep you as his Customer?

Maybe when I started playing MTGO, nearly four years ago, there wasn't much MTGO Library offered to reward loyalty; surely you could still offer discount codes/vouchers to use on your website; give some free credit based on total traded with your bots every week or month; or maybe give free credit/tix prizes every month to a random customer, like some do...

Fortunately MTGO Library has a Special Buddies feature where you can not just give discount when selling cards, but also give extra when buying; and the best of it all is that this is 100% automated, giving your customer a 24/7 sense of loyalty where he doesn't need you to come online to give him the "regular customer" benefits.

How you use your SpecialBuddies feature? That's totally up to you. Make up a clan and give all the members the same? Give a stacking 1% discount up to x% as long as the customer does a certain amount of trades per certain time?(a bit forceful?) or just use it to give your best friends and family a very big discount or so. Whatever the reason or the method, SpecialBuddies feature has been working well for me towards keeping my regulars, you should try it if you haven't yet. 

Doubling Trades Project: Show your human side |Part7 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Show your human side

Times are tight for every type of business, including MTGO Botting. This means that profit margins get smaller and we need to work harder, so the only way to get more profit overall is to increase the influx of customers and the number of trades.

Being an fully automated trading buddy,  MTGO Library's bots seem to do everything you need just fine, but there is a little something that can go a long way; that is showing your human side.

There are many ways you can intervene and do the best for your customers. A good example is the Customer that is picking a full deck from your bot when he has 100 Event tickets tradable and the bot is quoting 100.21, you will notice the customer taking some cards out and putting them back in, possibly trying to end on a number like 99.xxx. 

You can give your customer 0.21 free credit and allow him to get all his needs for 100 event tickets. This might not sound wise, after all you might think that you would get the 100 Tickets "off" him anyway, but this is not always right. Often this customer will unpick a card worth 5.21 and when the bot quotes a nice round number (95.000) they seem satisfied and finish the deal. Then if that Customer finds that one card for 5 Event tickets on another bot, they might judge your bot's pricing and you will potentially lose a Customer.

Every time you are sitting next to the PC, keep an eye on your most active bots, from letting a Customer know that your bot its just restarting and will be back in 5 minutes when he was trying to open trades; give general advice to your regular customers, such deck building tips, which formats are best for new players; between others, can go a long way in building trust and loyalty.

Rewarding Loyalty will be my next topic in these series...

Doubling Trades Project: Less is more |Part6 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Less is more

The Fastest and easier way to increase the trade volume is improving buying prices and reduce sell prices.This sometimes comes with the risk of placing your bots a bit too exposed of professional traders but it can be worth it if done right!

Instead of spending $100 this month on a google ads campaign or so, allow yourself $100 of loss in MTGO and see the great results that can bring in the long run. Bump all buy prices 5%-10% (depending on how high you buy them) for a week or so, and do announce it! The same goes to sell prices.
Even if you buy a card for 12 Event tickets that is likely worth just about 11.5, if you are lucky enough to buy it from a new player and not a "wikiprice raider", the chances are that you just made a long term Customer that might give you considerable profits in the long run.

The way you can filter these "unwanted" traders can range from removing yourself from wikiprice (which I do not recommend if you are looking into increasing the trade count) up to simply have the bots running on a second screen and supervise every trade as it happens while you are on PC.

Push as far as you can, the heavier traffic might be mostly people enjoying your great prices but when you go back to your "normal" prices, hopefully some of those Customers will come back and pay back your losses.

Doubling Trades Project: Let yourself be found |Part5 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Let yourself be found

Instead of telling you make a website and spend a fortune on advertising it on google or so, I will be giving a few little tips on how you'll be more likely found by new customers.

Classifieds

Classifieds is the most common way to attract new customers, and you have to make the most out of it. Have a look at what your bots are advertising on classifieds, How easy is it to spot them while mixed with other bots? how many cards are you managing to advertise in the classifieds? What cards and values are you advertising on classifieds?

These will be key factors in the number of new customers you will make. Do not focus too much on advertising cards that are worth under 1 Event ticket. This is because its highly unlikely that someone wont use their regular bot; that sells the card for 0.2; to you use your bot that sells it for 0.192.

Make sure you advertise the most popular and traded cards. A good example of this are the standard staples (such as Boros Reckoner). You can achieve this by using the CFA (cardsforadvertisement) or using the right commands in the classifieds, which in my case, I use commands such as #BUY_GTC_>5_1digit#. Which leads to my next tip, using the command _1digit makes it not just cleaner on classifieds (displaying 7.1 instead of 7.112, for example) but will also likely free up space for one more card in your classifieds message. 

Avoid using symbols that take a long command, such as  [sArrGameplayU] for an arrow,  as these will count on your character limit and will easily reduce the number of cards you can advertise.

Other methods to get yourself found will involve direct contact with new players and "inviting" them into using your bots, website or clan. Using streams or sponsoring other streams and events can also help getting your name out there.   Some of these will be covered in the future parts of this guide.

Doubling Trades Project: Be Unique and Proud |Part4 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Be Unique and Proud

Are you worried by all the competition in the classifieds? Are you losing customers to big bot chains and other individual bots? What is it that people are attracted to? The answer is uniqueness. Consumers are willing to pay more for what they can't get elsewhere. Are you providing what your customers want?

Competition

Go to Starbucks. Buy a coffee. Watch what is going on. Why is it that people will ignore McDonald's and walk an extra two blocks to pay a premium price just for a Starbucks coffee? Think status. Think atmosphere. Think packaging and presentation. Once you finished your coffee go home and look into what the best bot chains offer that you don't. Are they faster? do they buy everything higher?;or just the rares/mythics? do they draw any prizes to random customers? Do they organize events? Surely they will be ticking more boxes than you.

Make Yourself Special

What can you give that no other bot else does? This is a bit of a hard question when there are thousands of direct competitors, but instead of spending a week thinking about it, get into the Magic Online environment and ask your customers and other MTGO players themselves. You will be surprised on how good and bad criticism can give you great ideas to implement in your business.

In a few days I will talk about ways to get your name out there!

Doubling Trades Project: Dedicate your time |Part3 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Dedicate your time

When most of us started using MTGO Library bot we though that all automated and easy so we would just have to press "launch" and enjoy the profits, but the reality is a bit far from that.

Sooner or later we did realize that investing personal time into tweaking prices, give customer service and so on is very beneficial to the business. So dedicating time to the bots is a must.

The majority of us work on the bots from home and have to deal with all the same issues that hit all other types of home workers. Here are some tips on how to have efficient uninterrupted work time. 

Set office hours

First try to set aside a time exclusively to work on your bots and for your customers, this can be as low as 1 or 2 hours a day, don't go over the edge and start with more hours than you can commit to spend on your bots.  Remember to give yourself at least 1 day off a week.

The personal battle

Secondly, separate personal life from your bot business. When its time to work, be 100% focused, make notes on what you need doing and how to do it; then do it! When the work is done, then you can watch your favorite tv show, play some computer games or play with your kids! 

The work battle

Separate "home" from "work" time. Set a space in your house just for the botting business, even if its just a corner of a room. When working do not distract yourself with making food, doing home tasks or using social media websites(unless you're promoting your business there). Do not work wearing your pyjamas, this is part of separating work from home in your mind.

Flexibility is your friend

The time you will spend doing all this will have big results on your overall customers happiness, but don't let it be too restricted! Set yourself boundaries and rules; allowances to have a "day off" or how many days you are allowed to adjust the starting time or how long of a break time you should have in between working times; After all this is the advantage of working from home in the first place.

Doubling Trades Project: Where are we now? |Part2 of 9|

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

Where are we now?

You cannot identify or even set it as a target (doubling trades) if you don't have any means of quantifying your trades and stock value.

Your very first step will be to investigate your past. With a few searches of full months, you will be able to identify how many tix are coming in and out every month, the cheer amount of trades and who are you best regular Customers.

 

Trade log has countless different ways to filter your results.

I would recommend you to do a search of all trades over 1 Event ticket (no point in taking into account sub tix trades) of each of the last 3 months. This way if there is already a growth every month (lets say for example, 10%) we will not mistake a 10% increase in the future months as something "we caused" with this guide.

Take note of the comparable data and once that is done, calculate the total collection value on the first of every month; remember to add up the event tickets and any exterior sale (or redemption) you've made throughout the previous month and keep this information organized. To calculate the collection value you can either use the MTGO Library's collection log or any other standalone tool (Link).

In two days I will be talking about organizing your working times. See you soon!

Doubling Trades Project: The Concept |Part1 of 9|

Doubling Trades Project

Part 1 The Concept

Part 2 Where are we now?

Part 3 Dedicate your time

Part 4 Be Unique and Proud

Part 5 Let yourself be found

Part 6 Less is more 

Part 7 Show your human side

Part 8 Reward Loyalty

Part 9 Conclusion

The Concept

This month I will be guiding through some of the steps that you can take to double your bots amount of trades in just one month. Many of these were a key part on my own success with the BestDeal Bot Chain and I believe that they could help you too. 

Every 2 days I will talk about one of the fundamental steps that I did take to boost my Customer count. By the end of this month you will have the complete guide and will be able to apply all the changes throughout December. By the end of January you will then be able to compare how you have done on each of the last months and, hopefully, notice a big increase in your bots traffic, trade count and profit!

Psychological pricing vs Float Pricing

What is Psychological Pricing?

Psychological pricing or price ending or charm pricing is a marketing practice based on the theory that certain prices have a psychological impact. The retail prices are often expressed as "odd prices": a little less than a round number, e.g. $19.99 or £2.98. Consumers tend to perceive “odd prices” as being significantly lower than they actually are, tending to round to the next lowest monetary unit. Thus, prices such as $1.99 is associated with spending $1 rather than $2. The theory that drives this is that lower pricing such as this institutes greater demand than if consumers were perfectly rational. Psychological pricing is one cause of price points. (Source)

This Pricing does not only gives the false idea that something is cheaper than normal but also means your will be undercutting competition that are selling a Magic Online card for the "same" (0.01 more) price. This also means that your bot will be listed first on wikiprice when sorting by price and so on.

(Example of Psycological pricing on a well known bot chain, Buy on left, Sell on right.)

This sounds like a straight foward better option when it comes to pricing cards, but there are many situations where "float pricing" can be used in your advantage; Specially on Magic Online.

Float Pricing

Float pricing is a pricing method that takes advantage of the credit system in Magic the Gathering:Online. Pricing a card at 15.01 will benefit a regular customer with saved credit (against a newcomer) as they are likely to be able to take the card for just 15 Event Tickets (plus 1 cent credit). The main advantage of this are the extra sales you will make with this technique with new customers and the reduced amount of "raiding" trades. The same can be done to buying prices (ending on .99).

The way this method helps against raiding is quite simple. If a card is worth between $11.75 and 12.25 and you have it priced at 11, the chances are that you will sell it very quickly to a non regular customer for 11 that will never come back. Having that card at 11.01 means that you will either sell it to a regular customer for 11 Event tickets (while a raider with no saved credits wouldn't take it); or, with a bit of luck, will result in a trade like the one I had bellow last month. 

(on this example you can see one of the big advantages of the float pricing method)

While the trade above was happening I was lucky enough to watch the whole process. The Customer started by picking up the Polukranos, World Eater card, which I had manually priced at 11.01 Event Tickets.

on this specific day that card value spiked up to over 13 Event Tickets

 The Customer had no credits so the bot quoted 45 tix (saving 0.96 credit). If the card was priced at 11.00 the trade would be over within seconds and this person would probably never use my bots again unless he found another great deal in the future.

What happened was completely the opposite to the typical "raiding trade", the customer after a minute or two, started picking other cards trying to round things up to 45.0 so he wouldn't leave 0.96 credit. All the other cards he needed were worth between $2 and $5, meaning that the end result would never be near the 45.0 mark.

On the end this Customer ended up picking up all his needs from my bot resulting in a overall small profit (even though the Polukranos, World Eater were sold quite under the fair price). 

Needless to say that all the other bots that sold the card via "psychological pricing" at 10.99 and even at 11.99 on that day, made a worse deal than me selling this whole package.

This person is now a regular happy Customer... :D

Please comment or share your success stories!

A comprehensive guide for the aspiring botter (Classifieds Advertisement Part 2) Part 19

Classifieds Advertisement Part 2 (Formatting):

Last week I talked a bit about Keywords you should use (and not use) in your Classifieds ad. This time I'm going to talk a little about how many bot owners choose to format their messages.

Classified ads vary a lot from bot to bot but a lot of them follow a pattern similar to this for Pro bots:
(|Open|)(Icon)(Header)(Icon) (BUYING)/(SELLING): (Card|Price| (Card|Price| Card|Price|....)
And something along the lines of this for Lite bots:
(|Open|)(Icon)(Header)(Icon) (BUYING): (X Common/X Uncommon/X Rare for 1 Tix) (SELLING): (X Common/X Uncommon/X Rare for 1 Tix)
(Ignore the Parentheses , these are to split the message up for the example)

Status Prefix:
The |BUSY|/|OPEN| prefix is automatically included if you check the box called "Automatically prefix | BUSY|/|OPEN| to the Classified message." inside the Messages Tab of the bot interface.
I prefer not to use this setting and have written my own (Busy Trading) message in the "Busy Class. message" Box in the bot UI instead. I'm not sure what's the best way to go about this but I find it unnecessary to waste your limited characters (255 max) on writing |OPEN|. If your bot isn't busy and a classified message is posted it should be fairly clear that it's open. But this is all up to you. It might be good to use simply because most bot's do, for the sake of consistency. But then again, it's always good to stick out from the crowd.

The Header:
The "Header" is replaced by the name of your chain. Often surrounded by (icons)(I'll explain how to use these later) to make it stand out from the crowd and also lets people easily know which bots are part of the same chain, and therefore shares credits.
It might not be very important if you have consistent names like BotBot, BotBot2, BotBot3 and so on. But it's very important for chains that don't, like the Supernova chain for example that have completely random bot names.

Prices For Pro Bots:
Pro bots usually include Individual card buying or selling prices prefixed with a "BUYING:" or "SELLING:" in their Classifieds ad.
These prices can be automatically inserted by the bot using different macros that I will go more in depth about next week.

Price For Lite Bots:
Lite bots often include "BUYING:" followed by the amount of each rarity your bot buys for one(1) ticket. And then "SELLING:" followed by the amount of each rarity your bot sells for one(1) ticket.

You don't have to include all information you want your customers to know though, as you can write messages in the message tab that the bot can post when a trade is initiated instead.

That's all I had for today, next week I'll talk some more about Classifieds advertisement.

Until then, have fun botting!

-Tom (Sitrec)
Archbot MTGO Store: ArchBot, ArchBot2, ArchBot3, ArchBot4 & ArchBot5