Friday, September 18, 2015

How to flip Guide

Flipping is word used to describe buying low and selling high.

Using the Grand Exchange there are a few things you need to know

  • The items you buy aren't from Jagex, they are from other players.
  • When coinshare they go on to the GE at mid price
  • It goes from oldest offer to newest offer

Say You have 1 million gp.  You want to flip whips, so the firs thing you do is -

go to whips -> click on whip -> +5% offer -> write down what you paid for it -> sell for 1 gp under that -> buy another whip for 2k to -5% (of mid) -> sell whip for 2k or +5% (of mid).

Understand?  Well if you don't, i'll give you an example.

In this example we are going to say that whips are 500k gp...


  1. buy whip for 525k
  2. you get 25k + whip back
  3. sell whip for 499,999 gp
  4. if its pretty much instantly than you'll be good (if it's not lower the price a little)


Now.


  1. Buy whips for 490k each (9...because the limit of whips are 10 every 4 hours...will discuss in a bit)x
  2. once bought
  3. put whips back on for 505k
  4. repeat (remember to check every time before you flip so you don't lose money)


The GE has limits are how many you can buy of a certain items, whips have a limit of 10.  So that after you buy your first whip, the timer starts.

bought 1 whip (0:00:00)
sold 1 whip (0:00:10)
bought 4 whips (3:15:00)
bought 10 whips (4:05:00)

If you don't understand please let me know, so I can see if I can fix this.

Different items have different margins, so just remember before you buy, make sure you know the buying amount.

This is my way of flipping, I'm not a expert flipper, but I haven't lost money off of it yet.
If you have any suggestions please let me know.

No comments:

Post a Comment