Hello, Elle!
I think when I first joined eBay I watched the last twenty minutes or so of the auctions.
But now, I say to myself, "I would pay £12 maximum" for that item, and bid that as my "maximum" and let eBay do the bidding.
Often you can have a pleasant surprise and discover that you won the item for £7.50, or whatever!
Other times of course, you will be outbid.
Yes, I have a lot of items in my "watch" list.
It is not a "new" leather jacket!
It is a used one in very good nick.
Only one bid on it for £5.
Years ago I had a great leather jacket that I found at a Scout's jumble sale.
It was made in Oklahoma and I really liked it.
I have several jackets so I probably won't bid.
Just for interest sake.