Item Flipping

[II Mclean II]

[glow=red,2,300]------------ITEM FLIPPING-------------[/glow]

Well, here's the moment some of you have been waiting for, the 'Flipping' merchant technique,

Item Flipping is a very simple; more safe form of merchanting, this does not involve item manipulation in my opinion, lets get to the point


SO WHAT IS ITEM FLIPPING?

item flipping is where you buy an item in the maximum amount that can be bought within 4 hours, once you've done this, the objective is to sell the item before the next grand exchange update.

WHEN SHOULD I ITEM FLIP?

Simple, as soon as the grand exchange has updated, this is because people who have already bidded for an item will simply be outbid by yourself, and if you bid for the item, then ten minutes later the grand exchange updates, people are going to beat you to the item by offering more for it (on a rising item).

WHAT IF I'M OFFLINE WHILE THE G.E UPDATES?

Ask a friend when the last grand exchange update was, if you still have 4 hours before the next grand exchange update, go for an item flip!

CONCLUSION

I hope this short guide has helped, if so, hit the 'Exalt' button on the left hand side ;D thanks for your time reading it.

Attachments:

[srbuckey5266]

I'm still a bit confused. You just buy an item for max, at it's max limit, and then wait for the next Grand Exchange update, after that, sell it?

[II Mclean II]

not at max, it all depends on the graph within previous days, if the item is pretty stable, your looking to buy it round mid priice

if the item is about to sky rocket, your looking between mid and max, then yeah thats basically it.

Please reply with your thoughts so i may be able to help if you have any problems

[flamesoul53]

i totally dont get it.
cant u just give me steps?
with an example in it. i dont care which item it is.
like:

step 1: buy 10k mind runes.
step 2: ...
step 3: ....
etc....

i think u get what i mean. i would really aprecciate if u could help me.
i have 3.8m right now.
and i really wanna make money. because i almost getting lvl 60 defence and 60 attack and then i wanna buy dragon armour and at lvl 70 att a abysal whip. and since my highest lvl skill is lvl 61 woodcutting i think it would be the best if i start merchanting.
so please help me.

[II Mclean II]

Sure:

STEP 1:- buy as many willow logs as you can for minimum price

STEP 2: - wait for them all to buy; once you have some, put them in to sell for maximum price or 1gp above minimum price.

STEP 3: - sell all your willow logs for 1gp above mimimum price

STEP 4: - enjoy the profit.

with this, it's the more money you have, the more profit, and if you want to be successful witj merchanting; you MUST be patient. this could take up to a week, but it's worth the small risk of losing cash, GOOD LUCK!

[flamesoul53]

awesome. but what has this method to do with grand exchange updates?

[II Mclean II]

this method, because you have only 3M, is merchanting, i'de suggest flipping when you hav 15m atleast, and when you have 15m, i'll explain flipping to your understanding.

[flamesoul53]

ok awesome thanks alot!!
how can i give you respect or karma or extra awesomeness?? xD

[II Mclean II]

click the exalt on the left of my post for karma thanks

[Firestorm886]

Jun 2, 2010 8:39:59 GMT -5 II Mclean II said:

Sure:

STEP 1:- buy as many willow logs as you can for minimum price

STEP 2: - wait for them all to buy; once you have some, put them in to sell for maximum price or 1gp above minimum price.

STEP 3: - sell all your willow logs for 1gp above mimimum price

STEP 4: - enjoy the profit.

with this, it's the more money you have, the more profit, and if you want to be successful witj merchanting; you MUST be patient. this could take up to a week, but it's worth the small risk of losing cash, GOOD LUCK!

You should buy medium price if you are buying Willows, because it's impossible to get minimum price at the moment, they are rising. Buy minimum and sell medium when they are falling, and buy medium and sell maximum when they are rising. To know if they are rising or falling, try buying one for medium price. If it buys immediately or fast, buy min sell mid, otherwise buy mid sell max.

[II Mclean II]

ah right, i hadn't checked graph so just assumed