How to Make money like the Pros.
*Runescape Merchanting guide*
"Buy low sell high" - Tired of hearing this? I know I was, Thats why I set out to discover merchanting on my own.
Table of Contents
[1]Introduction
[2]Requirements
[3]Small tips and tricks
[4]The process
[5] Common flip items
Introduction
Welcome to my merchanting guide, in this guide I plan to show you have to turn any amount of cash to what ever your heart desires. The most common method of merchanting is flipping, all the term flipping means, is buying an item for a certain price, then four hours later selling it for a higher price. Doing this ensures easy profit. With this, one can make 5% of his cashpile every 8 hours if they use the same items each 8 hours. Each time you flip you have to wait an eight hour period. When you buy, your put on an 4 hour period on the item you buy, then after you sell you are on another 4 hour period. This is why its best to have several items you wish to flip to maximize profit.
Requirements
Although flipping can be done with any amount of cash, i suggest having around 5-10m to start with, otherwise your profit will not be very high. A general knowlege of runescape items is also needed. On top of all of this, the ability of checking graphs on runescape.com.
Yes with these requirements only, it is that easy.
Small Tips and tricks
Now before we start merchanting here are a few small tips and tricks that will ensure you never loose money on items your pick..
First, Always check the graphs on runescape.com. I cannot stress this enough, If the item is on a major drop, do not go near it. This often means that the item you had in mind was just merchanting by a clan, and recently droped.
Second, If you think its close to a GE update (if it was last updated 20-25 hours ago) then dont buy any items untill it updates so you dont get stuck with a droping item.
Lastly, When your buying, put several offers in the ge for the item, not just one offer for 10 thousand. With more then one offer in, your more likely to recieve items faster.
The Process
Once you have your item you plan on flipping, put several offers in for 1 of the item. One at min, one at market, one in between market and mid, one between market and max, and so on untill you find the point where the item is selling at the least.
Once you have the price its selling at the least, remove all your offers and put in 3-4 offers for the item at that price. If they come in slowly, increase your buying price by +1 or 2.
After you have all the item you can afford/the max buyable in four hours, wait your 4 hours untill you can sell.
Now you are going to repeat step one, by instead of buying, sell one at a time to find the highest price that people are paying currently. Once you find this price, Put all your items in at that price, If they sell slowly, reduce the price by -1 or 2 untill they all sell.
Common Flip Items
The Items I flip most often are the following:
Monk fish (raw and cooked)
Shark (Raw and cooked)
Dragon boots
Dragon legs
Super str potion (3)
Prayer potions (3)
Super restore potions (3)
Snap dragon seeds
Ranarr seeds
Rune platebody
Rune plate legs
Rune 2h sword
Rune scimitar
Death rune
Blood rune
Fire rune
Water rune
Ruby (cut and uncut)
Diamond (cut and uncut)
Sappphire (cut and uncut)
Emerald (cut and uncut)
Runite ore
Coal
Iron ore
Mithril ore
I'd like to thank everyone for reading this, i hope you learned a little bit and can make alot of money from this guide.
Method 2
800-1m an hour, Buy pie dishes + pastry dough from G.E (this may take awhile as this method is highly used). Once you recieve the dough and dishes, add them together and sell in G.E
Method 3
A well exhausted, but wonderful method is tanning hides, Its pretty basic, but can make up to 1m an hour depending on current prices.
Method 4
GDK - Green dragon killing. Great method to make cash, i would suggest botting.
Method 5
Thieving safes in rogues dens makes a massive 450-600k an hour depending on your thieving level. I do this method the most common because it is very easy to do, and its requirements are very low. Just have 50+ agility and thieving, grab a stethoscope and head to the rogues den.
Method 6
Enchant sapphire necklaces to make games necklace, pretty straight forward makes 400-700k an hour.
