Comments on: Insider: High Stakes Bankroll Management on MTGO – Jan 17th to Jan 23rd https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:17:42 +0000 hourly 1 By: Mac https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1606241 Mon, 01 Feb 2016 21:50:33 +0000 http://www.quietspeculation.com/?p=69413#comment-1606241 In reply to Sylvain Lehoux.

Thank you! I look forward to the next article. The link cuts off but I believe this is the thread for anyone else curious on this: http://www.quietspeculation.com/forum/index.php/t… (end of link)

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By: Jim https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1606182 Mon, 01 Feb 2016 19:15:49 +0000 http://www.quietspeculation.com/?p=69413#comment-1606182 In reply to Sylvain Lehoux.

AWESOME!!!!

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By: Sylvain Lehoux https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1602358 Fri, 29 Jan 2016 11:49:33 +0000 http://www.quietspeculation.com/?p=69413#comment-1602358 In reply to Mac.

Since many asked the question of buying/sell large quantity, such as the ~900 copies of Yaviamay Coast I’ll anwser that next Monday in the article.

As for selling full sets, I shared my usual method(s) for this on the forum, hereh: http://www.quietspeculation.com/forum/index.php/t

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By: Sylvain Lehoux https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1602337 Fri, 29 Jan 2016 11:16:52 +0000 http://www.quietspeculation.com/?p=69413#comment-1602337 In reply to Jim.

I don’t have any end date for this.

Yes, I can add a set column

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By: Jim https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1602104 Fri, 29 Jan 2016 06:29:06 +0000 http://www.quietspeculation.com/?p=69413#comment-1602104 How long are you planning on continuing this? Permanent? Or at least longer than a year? Thanks. Looking forward to following this!

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By: Jim https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1601670 Thu, 28 Jan 2016 21:31:10 +0000 http://www.quietspeculation.com/?p=69413#comment-1601670 Any chance you can add a sets column to your spreadsheet?

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By: Sylvain Lehoux https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1601526 Thu, 28 Jan 2016 16:15:15 +0000 http://www.quietspeculation.com/?p=69413#comment-1601526 In reply to beaneau.

I think the term “risky investment” is very subjective. I’m sure many homeowners and stockholders back in 2007 in the US would have absolutely not considered a house or the stock market a risky investment. Nonetheless the vast majority of these “many” are still biting the bullet now and probably for the rest of their lives.

How risky is MTGO and MTGO investments? To me no so risky but I’m clearly aware of the potential risks. The big risk to me is a general and irreversible Big crash of, not only MTGO, but Mtg as a whole. Besides that, changes of versions, introduction of PP, increasing fees for redemption, etc… are nothing but fluctuations, from which speculators can actually take advantage of. As long as WotC is producing decent sets and keep the GP/PT circuit alive we are more than safe.

Now, and after almost 5 years of MTGO speculation, I had gotten out all the money I had put in and even with some profits. Which mean all of the $ from my “real” bank account that were on MTGO at some point are already out. Now, I’m speculating with the profits accumulated over many years. If tomorrow MTGO crashes for real and the value of cards and Tix is equal to $0 I’ll be clearly mad but it would have no financial impact in my life. I would actually love to buy vintage decks for $10 for fun and build and play EDH and cubes on MTGO for less than $50. Afterall the game is and will always be fun to play.

Most importantly: I still have a real job, health coverage, retirement plan, savings accounts, etc… Right now, the money I’m able to generate is extra money. Maybe down the road that could pay part of a down payment of a house and I might seek for legal ways to exit a large amount of $ and pay my fair share of potential taxes on it if needed.

Finally, for the reward MTGO speculations offer to me (which are much much much more than any of the “real” savings account I could ever have, stock market included) I’m totally fine with “gambling” with such large sum of money rather than selling all my Tix to Mtgotraders and buy a new car.

So if you wanted to invest as much as you could for MTGO specs you should consider this venture as speculating with the stock market, and follow some of the advice that goes with it= disposable money you have to feel comfortable losing it all if it has to happen. I would strongly recommend having a stable source of income, retirement plan, savings account, paying your mortgage, save for your kids’s education BEFORE putting $20k down on MTGO. And as I and many others have shown before, 100 Tix is enough to start seriously and significantly growing an account.

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By: Mac https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1601169 Thu, 28 Jan 2016 07:30:40 +0000 http://www.quietspeculation.com/?p=69413#comment-1601169 In reply to Sylvain Lehoux.

New member here and continuing my subscription purely for the excellent Luca and Sylvain articles! I have to ask though… how are you going about purchasing over 900 (or any large quantity) of a single card? I can’t imagine you doing this going from bot to bot for 4 cards each time, all the while moving the market up as you buy. I feel dumb asking, but I also think there is potential for an article explaining some expeditious tactics and basic methods. I also read all of the complete set buying articles, yet still feel less than confident about the process/ease of liquidating complete sets when it’s time to sell. I love the nitty gritty of the finances/specs, but a primer would go a long way for this noob and probably others. Maybe this has all been touched on and you can point me in the right direction. Regardless, keep it up with the great articles guys!

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By: beaneau https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1601037 Thu, 28 Jan 2016 04:30:25 +0000 http://www.quietspeculation.com/?p=69413#comment-1601037 20k in tix. This seems like a whole lot of money tied up in a risky investment. MTGO does not inspire the most confidence in its players as a program and interface after all. Tickets and ecards are not the most liquid of investments, and there is always a chance of some sort of crash in the MTGO economy. Clearly you can do whatever you want with your money, so I’m thinking more of the people who might be looking at your example.

A lot of financial gurus like to have guidelines as to the max percentages of net worth anyone should have tied up in a particular investment.

What is the max percentage of net worth you would consider reasonable to have tied up in MTGO speculation?

I’m definitely interested to see where this goes. Best of luck!

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By: maxiewawa https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600807 Wed, 27 Jan 2016 20:35:52 +0000 http://www.quietspeculation.com/?p=69413#comment-1600807 In reply to Kelly.

Some tools would be nice. We have the thing that gives you the price of a csv lost but that’s it.

And more data is always good. Something like the number of drafts firing would be useful That would involve a bot though.

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By: Kelly https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600719 Wed, 27 Jan 2016 17:18:01 +0000 http://www.quietspeculation.com/?p=69413#comment-1600719 In reply to Xing Guan.

Glad to hear it:)

what other MTGO content would you like?

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By: Xing Guan https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600690 Wed, 27 Jan 2016 16:09:54 +0000 http://www.quietspeculation.com/?p=69413#comment-1600690 Finnnnne, I’ll continue my QS subscription :). Exactly where I was hoping you’d go after the 100 tix series.

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By: Peter Kowalczyk https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600688 Wed, 27 Jan 2016 15:56:15 +0000 http://www.quietspeculation.com/?p=69413#comment-1600688 Great article, I look forward to more in this series. How do you purchase such large quantities without causing price shifts? How many different vendors/bots do you use to do this?

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By: Mark McClare https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600365 Wed, 27 Jan 2016 06:32:00 +0000 http://www.quietspeculation.com/?p=69413#comment-1600365 Looking forward to this series, I enjoy reading all your articles but this is closer to my bankroll than the 100 tix series. Thanks for the continued articles!

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By: Max Roberts https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600273 Wed, 27 Jan 2016 03:55:28 +0000 http://www.quietspeculation.com/?p=69413#comment-1600273 I don’t understand Arcum Dagsson… what is he in there for? The series starts interesting though!

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By: Sylvain Lehoux https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600217 Wed, 27 Jan 2016 02:09:19 +0000 http://www.quietspeculation.com/?p=69413#comment-1600217 In reply to David Schumann.

Painlands were supposed (and are still actually) to be my surest bet of all. Even after 4 reprints in a row the M10, 11, 12, 13 check lands did great on MTGO. The expectation was the same with the painlands. Unfortunatly fetch+BFZ “duals” messed up the plan.

But I think it sill a good bet with colorless mana around and the rotation of KTK feth before ORI painlands. I’m not going to wait for 6 Tix each for sure considering the pile I have but I think doubling on all is a very decent goal (and a good amount Tix to cash in).

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By: Sylvain Lehoux https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600215 Wed, 27 Jan 2016 02:06:02 +0000 http://www.quietspeculation.com/?p=69413#comment-1600215 In reply to Luca Ashok.

Hopefully you won’t learn that 900 copies is too much of a position 😉

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By: Lindsey https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600171 Wed, 27 Jan 2016 00:26:16 +0000 http://www.quietspeculation.com/?p=69413#comment-1600171 Love this style of article. That said, I think Sundering Titan has basically been rendered obsolete by Ulamog.

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By: David Schumann https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600095 Tue, 26 Jan 2016 22:01:46 +0000 http://www.quietspeculation.com/?p=69413#comment-1600095 I love these articles (the 100 tix one and this looks to be just as awesome) despite almost no MTGO investing on my part…I am honestly a bit worried about going so deep on the painlands…only because I went deep on the temples a couple years ago a month or 2 after khans hit, expecting the typical dual land rebound we were seeing at the beggining of the next block only to get stuck with almost all of them losing value after purchase throughout their remaining time in standard…

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By: Daniel Quirk https://www.quietspeculation.com/2016/01/insider-high-stakes-bankroll-managment-on-mtgo-jan-17th-to-jan-23rd/#comment-1600073 Tue, 26 Jan 2016 21:54:04 +0000 http://www.quietspeculation.com/?p=69413#comment-1600073 Glad to see some MTGO content like this. Looking forward to keeping track of it.

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