Hutch
August 19th, 2010, 23:17
Merchanting 101
Requirements
500k cash [F2P/P2P]
Common sense
A few things you need to know
"Investing": This involves predicting an item's long-term price trend and then acting on it. A player will buy as much as possible of an item when he thinks it is at a low point and sell it when he/she thinks it has reached a high point.
"Flipping": This involves buying items with the intention of selling them at a slightly higher price in the short term, often as soon as possible.This method is most effective when there are fewer general users in the GE—when the difference in time between the buyer's order and seller's order is greatest.
(Flipping Merchanting) These are some of the mains items I've used and succeeded with ( Buy in Bulk items )
Arrows (Steel, Mithril, Rune)
Throwing Knives (Bronze, Iron, Rune)
Darts (Bronze, Iron, Dragon)
Logs (Normal, Maple, Yews, Magic)
Hides (Yak, Snake, Green D'hide, Red D'hide)
Potions (Strength (3), Super Strength (3), Super Defence (3), Super Restore (3,4), Prayer (3))
Runes (Air, Water, Nature, Dust, Cosmic, Laws, Deaths, Bloods)
Pure Essence
Seeds (Harralander, Ranarr, Snapdragon, Limpwurt, Watermelon)
Bars (Iron, Steel, Silver, Gold, Mithril)
Food (Lobsters, Swordfish, Tomatoes, Tuna, Tuna Potatoes, Monkfish, Shark, Pizzas)
Raws (Raw Tuna, Raw Lobster, Raw Swordfish, Raw Shark)
Players with relatively more money will find it more difficult to use flipping because of the difficulty in buying large amounts of items quickly—both because of artificial GE buying limits and because a single buyer's order can temporarily increase the demand so much that the price increases, negating any chances of easy flipping.
Players with large amounts of money could, instead of flipping, make several long-term investments on items they think will rise, buying (or selling) stocks of an item they would like to invest in through the span of several days.
This is also how the Grand Exhange works
Players may not sell an item right after buying it, or buy an item right after selling it. More specifically, when an item is traded, a timer of exactly 4 hours is started, and the opposite transaction for this type of item may only be conducted when the timer has expired. The timer does not start over if additional items are traded. For example, if you were to buy some nature runes at 12 p.m. you may be able to buy more at 4 p.m. but still be able to sell all of them at 5 p.m. when the original timer expires.
I'LL FINISH IT LATER MY FINGERS ARE HURTING.
Requirements
500k cash [F2P/P2P]
Common sense
A few things you need to know
"Investing": This involves predicting an item's long-term price trend and then acting on it. A player will buy as much as possible of an item when he thinks it is at a low point and sell it when he/she thinks it has reached a high point.
"Flipping": This involves buying items with the intention of selling them at a slightly higher price in the short term, often as soon as possible.This method is most effective when there are fewer general users in the GE—when the difference in time between the buyer's order and seller's order is greatest.
(Flipping Merchanting) These are some of the mains items I've used and succeeded with ( Buy in Bulk items )
Arrows (Steel, Mithril, Rune)
Throwing Knives (Bronze, Iron, Rune)
Darts (Bronze, Iron, Dragon)
Logs (Normal, Maple, Yews, Magic)
Hides (Yak, Snake, Green D'hide, Red D'hide)
Potions (Strength (3), Super Strength (3), Super Defence (3), Super Restore (3,4), Prayer (3))
Runes (Air, Water, Nature, Dust, Cosmic, Laws, Deaths, Bloods)
Pure Essence
Seeds (Harralander, Ranarr, Snapdragon, Limpwurt, Watermelon)
Bars (Iron, Steel, Silver, Gold, Mithril)
Food (Lobsters, Swordfish, Tomatoes, Tuna, Tuna Potatoes, Monkfish, Shark, Pizzas)
Raws (Raw Tuna, Raw Lobster, Raw Swordfish, Raw Shark)
Players with relatively more money will find it more difficult to use flipping because of the difficulty in buying large amounts of items quickly—both because of artificial GE buying limits and because a single buyer's order can temporarily increase the demand so much that the price increases, negating any chances of easy flipping.
Players with large amounts of money could, instead of flipping, make several long-term investments on items they think will rise, buying (or selling) stocks of an item they would like to invest in through the span of several days.
This is also how the Grand Exhange works
Players may not sell an item right after buying it, or buy an item right after selling it. More specifically, when an item is traded, a timer of exactly 4 hours is started, and the opposite transaction for this type of item may only be conducted when the timer has expired. The timer does not start over if additional items are traded. For example, if you were to buy some nature runes at 12 p.m. you may be able to buy more at 4 p.m. but still be able to sell all of them at 5 p.m. when the original timer expires.
I'LL FINISH IT LATER MY FINGERS ARE HURTING.