New - Heyy!

 :: News :: Farewells

View previous topic View next topic Go down

New - Heyy!

Post by megoo10 on Thu Jun 19, 2014 9:05 pm

Hey all,

I'm new to flipping but would love to learn! any chance i'd be allowed to join the clan and be taught some basics? I tried adding a few of you in rs but none of you seemed to be online, possibly the time difference though..

Thanks, Megoo10

megoo10

Posts : 4
Join date : 2014-06-19

View user profile

Back to top Go down

Re: New - Heyy!

Post by Im Polar on Thu Jun 19, 2014 10:34 pm

Hello, hope you learn a lot! You don't need to join the clan to ask questions, go ahead and ask in the fc, hopefully someone will respond :)

_________________
Goals of 2014:
5m
10m
25m
50m
75m
100m
150m
300m
500m
1b (Why not try, you know?)
avatar
Im Polar

Posts : 359
Join date : 2014-03-09
Age : 18
Location : USA

View user profile

Back to top Go down

Re: New - Heyy!

Post by Hwanin on Thu Jun 19, 2014 10:54 pm

Welcome! Smile

Hwanin

Posts : 183
Join date : 2014-05-02

View user profile

Back to top Go down

Re: New - Heyy!

Post by megoo10 on Thu Jun 19, 2014 11:09 pm

Thank you for your welcomes! Ah that's great news, i'll ask them here then if that's okay..

Well because i'm a beginner maybe someone could continue on, of what else i should know, i read a few guides, and sort of understand that you have to buy something at a high price to find the price it instasells to me at and then sell it for a very low price to find the price it instabuys for. I've tried it for a few things but it only really works for massive amounts of the item i think, and you have to watch the prices, i was looking on the ge on the rs website and the graph at the bottom. I think it's best to buy when the line is heading down and just starting to go back up again if you understand what i'm saying, so you buy when it's leveled off at it's lowest and it starts to rise again and you make profit, although this takes a lot of time.. And i also read on a guide that you buy armour at a certain time of day because it's cheaper then, then sell the armour at a high price when all the players are coming home after work or school. If anyone could add to my knowledge of flipping or correct me if i don't understand flipping that would be greatly appreciated!

Megoo10

megoo10

Posts : 4
Join date : 2014-06-19

View user profile

Back to top Go down

Re: New - Heyy!

Post by megoo10 on Thu Jun 19, 2014 11:17 pm

If you didnt understand what i meant for the rs Grand Exchange page, it's this: http://services.runescape.com/m=itemdb_rs/frontpage.ws

So should i be buying when the price is low and selling when it's at it's highest point? Is that what flipping is? Keeping an eye on the price to see if it's going up or down in cost, it takes time but that's how you do it? Not an instant money maker but it eventually does..

megoo10

Posts : 4
Join date : 2014-06-19

View user profile

Back to top Go down

Re: New - Heyy!

Post by Sly Lioness on Fri Jun 20, 2014 2:44 am

if you r flipping and not investing then it doesn't really matter if the item is going up or down because you r buying it at the low end and selling it at the high end anyway. ^.^

some items are traded more during different times of the day soooo
more trades ---> offers complete faster ---> smaller margins
less trades ---> offers are slower ---> better margins
avatar
Sly Lioness

Posts : 84
Join date : 2014-02-06

View user profile

Back to top Go down

Re: New - Heyy!

Post by megoo10 on Fri Jun 20, 2014 4:25 am

I thought you werent meant to leave it for that long, not more than a day, because the margins might change and you might lose money.

I'm mostly having trouble finding out which item to buy and sell i guess which have the best margins, an items which price is going up or down.. Correct me for anything i've gotten wrong.

Megoo10

megoo10

Posts : 4
Join date : 2014-06-19

View user profile

Back to top Go down

Re: New - Heyy!

Post by Jim on Sun Jun 22, 2014 12:07 pm

Hi.
avatar
Jim

Posts : 642
Join date : 2012-08-28
Age : 24
Location : Purgatory
Humor : Trolling white atheists

View user profile http://flipflops.forumotion.com

Back to top Go down

Re: New - Heyy!

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top


 :: News :: Farewells

 
Permissions in this forum:
You cannot reply to topics in this forum