So this is going to be like a helper. A really good helper.
1. Your going to need Alchemy in Major skills. Head to Balmora. Transportation is near in Seyda Neen through a Silt Strider. In Balmora head into the Mages Guild there is a breton female that will Magically transport you to Caldera. There is some stairs that take you up to some Alchemy Equipment. {Master Level}
2. Go to the Breton Merchant near the door. Buy the 2 plants that give you the effect {Water Walking}. Once you have the ingredients sell them back. The merchant will re-spawn every time you exist the window. So buy more and sell back. Buy more and sell back he will be stacking all the plants. Get it up to 100 Ingredients. Then when your done. Create some potions.
3. Take your potions to {Creeper} a good Scamp in Caldera in the Orc Manor. He has 5000 Gold. So sell him the potions. So now. Go to the Mages Guild and again create more potions. With this you can easily get your Alchemy to 100 in an hour or two.
4. In Balmora there is a temple to the north. Inside you will find to Dark Elves Females. They sell Salt-rice, and 2 more ingredients that Restore Health, Restore Fatigue. ... So you know what to do. Stacking Time!
Buy and Sell. Buy and Sell.
If you want to create Super-Potions you will need to Fortify Intelligence which the 2 ingredients can be acquired one in Mourn-Hold {Tribunal Expansion} and one in Morrowind.
Once you make the potions drink a bunch and Fortify your intelligence and make the potion of your choice. - Restore Health, Levitation, Feather. But be careful. This can ruin the game.