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ultimate flip guide

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ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 3:57 pm

¸.•´¸.•*´¨) ¸.•*¨).....(¨*•.¸ (¨´*•.¸´•.¸
.(¸.•´ (¸The Ultimate Flipping Guide*•.¸).
¸.•´¸.•*´¨) ¸.•*¨).....(¨*•.¸ (¨´*•.¸´•.¸

[ Cracking the code sometimes require the smallest tool, you just have to find it ]

~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~
Hello everyone, and welcome to The Ultimate Flipping Guide!
This guide will be updated continually - so the contents of this guide fully benefits the similarity to how it really is when you attend to use it.
~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~~ « ~ • ~ » ~

¸.•*´¨) Index •

¸.•´ Page 1 » Introduction
¸.•´ Page 2 » Grand Exchange & Usefull Info
¸.•´ Page 3 » Flipping
¸.•´ Page 4 » Limits
¸.•´ Page 5 » Tips & Tricks
¸.•´ Page 6 » FAQ




~ « ~ • ~ » ~


Last edited by Vectimyr on Fri Sep 28, 2012 4:03 pm; edited 1 time in total

Vectimyr
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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 3:57 pm

¸.•*´¨) Page 1 » Introduction •

There are many ways to make money on Runescape. One of those ways is called
Flipping, which is one of several merchanting methods used to make money. Flipping is a act of purchasing an item at a low price and then selling that item at a higher price to generate profit. This guide will take you trough that progress. Before you start flipping there are things you need to know that will make your chances of succeeding a lot higher.

• How does the Grand Exchange work?
• How do i flip
• What do i flip
• When do i flip
• Limit items

Personally i'd say flipping is the safest way of merching on Runescape, and it's fun!
Flipping has a very wide spectra, and the more experience you gain - the better you get! Don't give up if you fail, because you gotta fail to learn sometimes - and it
gets easier.

To start flipping I recommend at least 10M cashpile to really take the fully
advantage of flipping. Lower cashpile than that and other ways of making money
is faster. (skilling, pvm, collecting etc)

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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 3:58 pm

¸.•*´¨) Page 2 » Grand Exchange & Usefull Info •

To flip it's very important to understand how the Grand Exchange works, as it's the most usefull "tool" we use to flip items with.

All items have a maximum amount limit that can be bought every 4 hour.When you put in an offer in the GE, the GE starts searching for all offers meeting your price. If it don't find a meeting offer you will have to wait until it does.

All items got a guide price, which is the price that also appear in the trade interface with other players. This price is a guide price only and the buy/sell price on items can be under, guide price or over it.

In general prices constantly keeps changing and it's therefore imporant to stay upate your prices with it.

¸.•´ Getting Started

Many are those who try flipping for the first time don't know where to start. Getting started therefore also is the end for some. Giving up to fast is a common problem for new flippers. Don't worry, I'll do my very best to prevent that from happening to you.

Here is a short list of some suggested items to start with;

[Item] - [Limit]
Bakriminel Bolts 1k
Cannonballs 10k
Ganodermic Flakes 10k
Grenwall Spikes 10k
Grimy Herbs 10k
Mahogany Planks 10k
Mort Myre Fungus 10k
Oak Planks 10k
Runes 25k
Teak Planks 10k
Whiteberries 10k
Abyssal Whip 10
Akrisae's hood 10
Amulet of Range 10
Bandos Boots 10
Black Mask (no charges) 10
Blessed Spirit Shield 2
Dark Bow 10
Dragon 2h 10
Dragon Boots 10
Focus Sight 10
Infinity Boots 10
Mystic Mud Staff 10
Polypore Staff 10
Seer's Ring 10
Berserker Ring 10

More detailed item guide here
[Only admins are allowed to see this link]

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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 4:00 pm

¸.•*´¨) Page 3 » Flipping •

Finding items to flip aren't always that easy. Some items have larger margins between the sell and buy price then others, and some items are harder to flip then others. Populare items that are flipped by many, often makes it harder to gain the profit you'd get if less flipped it.When you understand how to flip in basic, I recommend looking at the Tips & Tricks on page 5

¸.•´ Find prices

Before you start the flip, you gotta find the price to buy and sell at.
It's done in few short steps.

1) Buy 1 at 5% over guide price
if it dont instantly buy, raise your offer til it does.

2) Sell it 5% under guide price
if it dont sell, lower your offer til it does.

3) Note down the prices as you go, or check the GE History

The price you bought it for is estimated to be what you sell it for.
The price you sold it for is estimated to be what you buy it for.

To get the item you put in offer for, you need to make your offer better then the prices you noted down. It still doesn't mean your offer have to a lot better, in fact you can sometimes offer only a few coins more.

¬ Example
You buy 1 item for 500K, then you sell it for 450K.
You then buy the rest of the limit on this item for 451K and then sell it for 499K.

¬ Overview
499K - 451K = 48K
That means you gain a profit of 48K pr item!

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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 4:01 pm

¸.•*´¨) Page 4 » Limits •

Runes - 25,000
Logs - 25,000
Flax - 25,000
Ores - 25,000
Fish - 20,000
Food - 10,000
Herbs -10,000
Bones - 10,000
Feathers - 10,000
Ashes - 10,000
Soft clay - 10,000
Cowhide - 10,000
Arrows - 10,000
Vials - 10,000
Unstrung bows - 10,000
Bow strings - 10,000
Bars - 10,000
Talismans - 5,000
Bows - 5,000
Jewellery - 5000
Gems - 1,000
Potions - 1,000
Seeds - 100
Bronze-rune weapons - 100
Bronze-rune armour- 100
Flatpacks - 100
Staffs - 100
Barrows - 10
Dragon weapons - 10
Dragon armour - 10
Special staffs - 10
Treasure trail items - 2
Rares - 2
Spirit Shields - 1
God wars armour - 1

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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 4:01 pm

¸.•*´¨) Page 5 » Tips & Tricks •

• You can always flip 24/7, but profits on the same items can be very different, depending on the time of day. When i'm looking at the time, I look at EST (GMT-05:00), because a large chunk of people are using the GE at: 8-10 am, and 3-11 pm. You have a better chance of selling your flips during those times, and buying the items outside those times. From 3-4 pm, Most teens (13-18) are coming home from school, and buying the armors and supplies they need at Max to get training ASAP. As flippers, we take advantage of that. If you buy 10whips at 11 am, at 3 pm, you can put them up near max and they will most likely sell to people coming home from school who need to train. This also happens between 6-8 pm. The older gamers are coming home from work and buying what they need at Max. So, buying during the "off" hours (10am-3pm, and 11pm-8am) and selling during "peak" hours (8am-10am, and 3pm-11pm) will help you maximize proftis.

• Along with the time, you must keep a track of GE updates. You don't want your flips dropping on you, and possibly losing some money. So if it has been 18+ hours since a GE update, I recommend you at the strongest not to flip items youhave little experience and info about.

• Don't end up with ½ of what you could of got if you had waited a little longer. Wait at least 5-10 minutes before updating an offer - unless your offer starts very quickly after u put it in. That often means you can get offer a better price than the current price.

• Never risk more then what you can afford to lose.

• Use as many slots in GE as possible

• Don't hold junk, items u don't need/use or other expences. The more money you have to flip with, the more you make.

• Never give up, and keep trying. If you fail a flip, move on to another one!

• Keep in mind that finding a price on a item by buying and selling for instant prices - you will lose money. Thats why you only test 1 item!

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Re: ultimate flip guide

Post by Vectimyr on Fri Sep 28, 2012 4:02 pm

¸.•*´¨) Page 6 » FAQ •

What does margins mean?
- Margins are is the amount between the sell and buy price.

What is undercutting?
- Undercutting is when someone sells lower than you

What is overcutting?
- Overcutting is someone buying higher than you

What does blocking means?
- Blocking is when you get over/undercut

what does nerfed means?
- Nerfed is when someone completly kills the margin.

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