Am I just doing something wrong?
I would like to sell stuff like name brand Ipods or electronics
You just answered your own question :D
The reason your having a hard time is that your trying to dropship.
Infomercials and newsmedia make dropshipping stories seem like the easiest way to make tons and tons of money on ebay.
The only problem is that is 'JUST A STORY'
It is in fact hard to make money in dropshipping because ebay is a wholesalers marketplace and dropshippers are selling you items just above thier wholesale value the reason is they can make more money dropshipping to you then they can trying to sell the stuff on ebay.
The people that buy items in mass bulk have more power to sell the items lower then you can aquire them. Because they are buying the items for a fraction of thier wholesale value. Some people can aquire items so low that they dont have to worry about starting a 1 cent auction and the item selling below its wholesale price because they only paid a fraction of the cost.
Try buying in bulk and storing items in a closet or a spare bedroom. That way you can buy cheap and sell cheap and still profit.