Next week is a significant week in MTG finance – the first Pro Tour since Standard rotated! Pro Tours are typically very powerful catalysts to move and shake the market, often leading towards huge spikes in prices. Remember when Return to Ravnica first came out and Angel of Serenity made a splash? The card, which had pre-ordered for $5-$10 in advance of the Pro Tour, skyrocketed to an all time high after appearing on camera during the event.
Of course, the momentum could not be continued, rampant selling ensued, and the card crashed from a high of $25 to around $8 in a couple months. The card tried to rally back that Spring, but the bounce was short-lived. Never again did the card show any life, and it still hovers just above bulk mythic status two years later.
As you can see in such a volatile chart, buying and selling at the right time was absolutely critical to make profits. Buying at $7 and selling at $20 is a tremendous feeling, but buying during a Pro Tour spike at $17 and then watching the card’s price fade from $20 to $12 in the week it takes for your cards to arrive is absolutely miserable. There’s a right and a wrong way to take advantage of Pro Tour hype and this week I want to share my strategy using a few case studies to help me along the way.
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