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How To Make Millions On RS:The Basics Of Flipping(UPDATED)
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How To Make Millions On RS:The Basics Of Flipping(UPDATED)Posted:
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Joined: Aug 07, 201113Year Member
Posts: 575
Reputation Power: 21
[Flipping]
Welcome to my flipping introduction guide! There area few ways to flip but this is the best method i have ever used. First off you will need at least 5-10 mil in cash, The more you have the easser and more profitable it becomes! This guide will be very long make sure you read till the end.
You will need:
-A notebook to keep a ledger
-1-2 hours a day
Step 1
Understanding the GE
The GE takes selling offers in any world and matches them with a buy offer again in any world. The GE updates prices every 4 hours to change with current trends. The GE also limits the amount of a certain item you can buy at once, these are called trade limits.
This is the most commonly used data that flippers use. The numbers represent the limit per 4 hours.
Item Category Limit
Cooking and Fishing
Raw Fish 20,000
Food 10,000
Pizza 1,000
Crafting
Grapes 1,000
Clay 25,000
Hide 10,000
Jewellery 5,000
Battlestaff 100
Gems
Opal 1,000
Jade 1,000
Topaz 1,000
Sapphire 500
Emerald 500
Ruby 500
Diamond 500
Dragonstone 100
Woodcutting and Firemaking
Logs 25,000
Ashes 10,000
Mining and Smithing
Ore 25,000
Bar 10,000
Runecrafting
Essence 25,000
Tiara 1,000
Prayer
Bones/Big Bones/Etc 10,000
Wyvern/Frost Dragon Bones 1,000
Construction
Plank 10,000
Flatpack 100
Farming
Herb 10,000
Vial 10,000
Potion (3) 1,000
Potion (4) 500
Saradomin Brew (any dose) 1,000
Swamp Tar 5,000
Limpwurt Roots 10,000
Hunter
Chinchompa 10,000
Hunter Kit 100
Salamander 10,000
Impling Jars 500
Furs 100
Summoning
Talisman 500
Pouch 5,000
Proboscis 100
Thieving
Pyramid Plunder Rewards 100
Ranging and Fletching
Flax 25,000
Arrowtips 10,000
Crossbows 100
Feather 10,000
Arrow, Knife, Dart 10,000
Bow String 10,000
Unstrung Bow 10,000
Bolt 5,000
Bow 5,000
Leather Chaps 5,000
Leather Vambraces 5,000
Armour and Weapons
Armour and Weapon 100
Dragon Equipment 10
God Wars Armour 10
Slayer Item 10
Amulet 5,000
Barrows 10
Other Items
Spirit Shields 2
Treasure Trail 2
Discontinued 2
You can get past this. If you buy 25k nats then sell them back on the GE your limit is reset. However if you buy 25k nats from ge then sell them on forums or outside of GE your limit will not reset.
Step 2
Finding selling prices
Start by taking an item, lets say Yew logs, and put a buy offer in the ge of 2x what the mid price is set at. Currently yew logs mid price is 405. Put a buy offer in for 810, dont worry it will buy for less. The log buys for 407, this is your high price also known as your SELL price . Write that number down in your notebook.
Step 3
Finding your buy price
Sell the log for 1gp, again dont worry it will sell for more. The log sells for 400, this is your low price also known as your BUY price. Write this down in your book.
Step 4
Understanding Profit
Profit is also called margin. Profit is the deference between your Sell price and buy price. In our case:
Profit= Sell price(407)-Buy price(400)
Your profit equals 7gp per log.
So if you bought your trade limit of 25k
(Sell price)10,175,000-(buy price)10,000,0000= 175,000 profit
This flip was done in less then 15 mins. Thats an easy 700k profit per hour for little work(175k*4).
Step 5
Put a buy offer in for the trade limit. We are using yew logs so our offer would be, 25k yew logs @400 each. Once they buy sell them right away for 407.
Step 6
Tracking and information sharing
Tracking your sales is the easiest way to track profits. Your money will be tied up in to multiple items. This will help organize your spending.
When you find an item that has good margin please remember, the more people that know about it the smaller your margins will become.
Step 7
How do i find items?
The above is considered an active low wealth flip. Which means the trade is done with little cash and buys/sells quick. This is low risk low reward.
Commonly traded items generally buy and sell fast, the profits are lower but with almost no effort you can make 20-50k per trade. The more expensive an item is the more margin it has. The down side to expensive items is that they will take longer to
What to look for
-Unstable items, items that have been up and down in price for the past few weeks, the more unstable an item is the more margin it has.
-Common traded
-High trade limits
-Newly released items
Great items that i use
Runes
-Natures(one of my fav, flips buys and sells quick)
-Laws(these will have 1-3 gp margin which is great! its the easiest 50k you will ever make)
-Blood(At times these will buy very fast but it is common for them to take a while)
-Death(not as good as they once were but still a good item)
Raw Food
-Sharks
-Lobbies(they will buy and sell slow but they carry on average a 1.2gp margin)
-Monkfish( these will be slow but good margin)
-Swordfish(do not do if margin is less than 2gp)
Ores&Bars
-Steel bars( You have to watch this carefully you will sell 2-4k quick but then it can slow down)
-Addy Bars( this is a great overnight flip they are very slow but have a great margin)
-Gold bars
-Coal
-Iron
-Addy ore(These will buy fast but sell slow good over night item)
Arrows&Bows
-Dragon Arrows
-Rune arrows
-Magic long
-Yew long( generally very fast buy and sell)
-Diamond bolts(e)(very very good item)
FAQ
What if an item is not buying and sell?
-Do your high and low price again, price will change.
What is "overnight flipping" and how do i do it?
-It is a higher reward and higher risk investment. The best way to do this is but a commonly traded item(addy ores and bars work great) Find your prices and but them for about 5% under your normal buy price. Leave over night. You should have some bought when you play the next day. This takes longer and there is a risk you will loss money but margins will be higher.
What is a "good" margin?
-In reality any margin is good. If you have 10mil or less any margin is good. The more money you have the more magin you should have. What that means is a person will 100mil will most likely not flip nats but will flip bloods and deaths.
Can i loss money?
-YES. There is a risk you can loss money you can limit that risk by
-No trading 15mins before and after the Ge updates
-Selling your items right away
-Spread your money around do not invest all of your cash in one item
What is your "Setup"
-When im flipping i have all 6 trade windows going, I have 3 buy offers for 3 different items. I also have sell offers out for the same three items.
How can i boost my trade limits?
-There are 3 ways to boost your trade limit for 4 hours. The first is to buy your trade limit log off and log back on a few hours later(after the ge updates) Sell all the items, your trade limit has been doubled. The second way is to go on various forums and bulk buy the item at a higher price. You can 3x 4x or 5x your trade limit, however it will cut in to profits. The third way isto make the item your self, AI cutting a ton of yews and selling them.
Last edited by thamagicalarab ; edited 1 time in total
Welcome to my flipping introduction guide! There area few ways to flip but this is the best method i have ever used. First off you will need at least 5-10 mil in cash, The more you have the easser and more profitable it becomes! This guide will be very long make sure you read till the end.
You will need:
-A notebook to keep a ledger
-1-2 hours a day
Step 1
Understanding the GE
The GE takes selling offers in any world and matches them with a buy offer again in any world. The GE updates prices every 4 hours to change with current trends. The GE also limits the amount of a certain item you can buy at once, these are called trade limits.
This is the most commonly used data that flippers use. The numbers represent the limit per 4 hours.
Item Category Limit
Cooking and Fishing
Raw Fish 20,000
Food 10,000
Pizza 1,000
Crafting
Grapes 1,000
Clay 25,000
Hide 10,000
Jewellery 5,000
Battlestaff 100
Gems
Opal 1,000
Jade 1,000
Topaz 1,000
Sapphire 500
Emerald 500
Ruby 500
Diamond 500
Dragonstone 100
Woodcutting and Firemaking
Logs 25,000
Ashes 10,000
Mining and Smithing
Ore 25,000
Bar 10,000
Runecrafting
Essence 25,000
Tiara 1,000
Prayer
Bones/Big Bones/Etc 10,000
Wyvern/Frost Dragon Bones 1,000
Construction
Plank 10,000
Flatpack 100
Farming
Herb 10,000
Vial 10,000
Potion (3) 1,000
Potion (4) 500
Saradomin Brew (any dose) 1,000
Swamp Tar 5,000
Limpwurt Roots 10,000
Hunter
Chinchompa 10,000
Hunter Kit 100
Salamander 10,000
Impling Jars 500
Furs 100
Summoning
Talisman 500
Pouch 5,000
Proboscis 100
Thieving
Pyramid Plunder Rewards 100
Ranging and Fletching
Flax 25,000
Arrowtips 10,000
Crossbows 100
Feather 10,000
Arrow, Knife, Dart 10,000
Bow String 10,000
Unstrung Bow 10,000
Bolt 5,000
Bow 5,000
Leather Chaps 5,000
Leather Vambraces 5,000
Armour and Weapons
Armour and Weapon 100
Dragon Equipment 10
God Wars Armour 10
Slayer Item 10
Amulet 5,000
Barrows 10
Other Items
Spirit Shields 2
Treasure Trail 2
Discontinued 2
You can get past this. If you buy 25k nats then sell them back on the GE your limit is reset. However if you buy 25k nats from ge then sell them on forums or outside of GE your limit will not reset.
Step 2
Finding selling prices
Start by taking an item, lets say Yew logs, and put a buy offer in the ge of 2x what the mid price is set at. Currently yew logs mid price is 405. Put a buy offer in for 810, dont worry it will buy for less. The log buys for 407, this is your high price also known as your SELL price . Write that number down in your notebook.
Step 3
Finding your buy price
Sell the log for 1gp, again dont worry it will sell for more. The log sells for 400, this is your low price also known as your BUY price. Write this down in your book.
Step 4
Understanding Profit
Profit is also called margin. Profit is the deference between your Sell price and buy price. In our case:
Profit= Sell price(407)-Buy price(400)
Your profit equals 7gp per log.
So if you bought your trade limit of 25k
(Sell price)10,175,000-(buy price)10,000,0000= 175,000 profit
This flip was done in less then 15 mins. Thats an easy 700k profit per hour for little work(175k*4).
Step 5
Put a buy offer in for the trade limit. We are using yew logs so our offer would be, 25k yew logs @400 each. Once they buy sell them right away for 407.
Step 6
Tracking and information sharing
Tracking your sales is the easiest way to track profits. Your money will be tied up in to multiple items. This will help organize your spending.
When you find an item that has good margin please remember, the more people that know about it the smaller your margins will become.
Step 7
How do i find items?
The above is considered an active low wealth flip. Which means the trade is done with little cash and buys/sells quick. This is low risk low reward.
Commonly traded items generally buy and sell fast, the profits are lower but with almost no effort you can make 20-50k per trade. The more expensive an item is the more margin it has. The down side to expensive items is that they will take longer to
What to look for
-Unstable items, items that have been up and down in price for the past few weeks, the more unstable an item is the more margin it has.
-Common traded
-High trade limits
-Newly released items
Great items that i use
Runes
-Natures(one of my fav, flips buys and sells quick)
-Laws(these will have 1-3 gp margin which is great! its the easiest 50k you will ever make)
-Blood(At times these will buy very fast but it is common for them to take a while)
-Death(not as good as they once were but still a good item)
Raw Food
-Sharks
-Lobbies(they will buy and sell slow but they carry on average a 1.2gp margin)
-Monkfish( these will be slow but good margin)
-Swordfish(do not do if margin is less than 2gp)
Ores&Bars
-Steel bars( You have to watch this carefully you will sell 2-4k quick but then it can slow down)
-Addy Bars( this is a great overnight flip they are very slow but have a great margin)
-Gold bars
-Coal
-Iron
-Addy ore(These will buy fast but sell slow good over night item)
Arrows&Bows
-Dragon Arrows
-Rune arrows
-Magic long
-Yew long( generally very fast buy and sell)
-Diamond bolts(e)(very very good item)
FAQ
What if an item is not buying and sell?
-Do your high and low price again, price will change.
What is "overnight flipping" and how do i do it?
-It is a higher reward and higher risk investment. The best way to do this is but a commonly traded item(addy ores and bars work great) Find your prices and but them for about 5% under your normal buy price. Leave over night. You should have some bought when you play the next day. This takes longer and there is a risk you will loss money but margins will be higher.
What is a "good" margin?
-In reality any margin is good. If you have 10mil or less any margin is good. The more money you have the more magin you should have. What that means is a person will 100mil will most likely not flip nats but will flip bloods and deaths.
Can i loss money?
-YES. There is a risk you can loss money you can limit that risk by
-No trading 15mins before and after the Ge updates
-Selling your items right away
-Spread your money around do not invest all of your cash in one item
What is your "Setup"
-When im flipping i have all 6 trade windows going, I have 3 buy offers for 3 different items. I also have sell offers out for the same three items.
How can i boost my trade limits?
-There are 3 ways to boost your trade limit for 4 hours. The first is to buy your trade limit log off and log back on a few hours later(after the ge updates) Sell all the items, your trade limit has been doubled. The second way is to go on various forums and bulk buy the item at a higher price. You can 3x 4x or 5x your trade limit, however it will cut in to profits. The third way isto make the item your self, AI cutting a ton of yews and selling them.
Last edited by thamagicalarab ; edited 1 time in total
The following 1 user thanked thamagicalarab for this useful post:
TheWolves (09-24-2011)
#2. Posted:
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Please pm me with any questions!
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#3. Posted:
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very detailed and nice quide
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shanezm963 wrote very detailed and nice quide
Thank you very much. I will be updating the list of items as well.
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great man keep up the good work ;)
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KRoNiKzMoDzZ wrote great man keep up the good work ;)
Thanks for the feed back!
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Item update!
Today the following items have been hot
-Dragon arrows
-Raw sharks
-prayer pots
Today the following items have been hot
-Dragon arrows
-Raw sharks
-prayer pots
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Nice Guide GL flipping everyone
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Good Post Unless It Is Copied And Pasted.
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Awesome guide, I have like 280m cash and was wanting to learn how to flip.
This helped a lot! Keep it up
This helped a lot! Keep it up
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