Buying and selling on eBay can save you money. It can also make you money if you learn to understand the concept.
Search for whatever item you want to bid on and click on sort (Price: Lowest First).
Mark those items to watch on your My eBay.
Watch items of interest until the last 5-10 minutes of auction.
Go to auction page and prepare proxy bid. Be cheap. Don't set proxy higher than you are willing to go. REMEMBER you will also pay shipping when you win the auction. Consider this as part of your total investment.
As late as you dare, click bid.
If you lose, try again on the next watched auction.
If you win, pay promptly.
Make sure you don't enter the wrong amount.
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