HomeMinato's Merchanting Diary
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Minato's Merchanting Diary
by Minato 22/8/2013, 10:27 pm
Hello and welcome to my merchanting diary.
- Week three 2. - 5. September 2013:
Starting Total Merchantable Bank: 228 466 603 Gp
Ending Total Merchantable Bank: To come.
Weekly summary - I have mainly been focusing on school and SM activities. If I got onto rs then I skilled with my account or did quests. I left merchanting in ruins this week.- 07.09.2013:
1 - Bucket - 5174Gp - 76,47%
Comment: Another attempt at junk trading, not as good as the cakes because they are being traded more than I anticipated but I like the percentage.- Spoiler:
The days review - I thought buckets would go better, I saw a flip from Herr Pudd and thought I could try it too.... Nope. On a the good side I have now finally found an investment and it looks good so far. I am not a active flipper at all anymore.
- 06.09.2013:
1 - Chocolate cake - 599 646 Gp - 257.7%
Comment: When people ask me what to flip I always say needles and chocolate cake. See guys, I don't lie. They are quite well in demand in people who do agility and want some food with them.- Spoiler:
The days review - Not a good day, got burned really hard today and the other days before, but that's merchanting. Nobody can't have a 100% success rate, it is impossible.
- Week two 26. of August - 1. of September:
Starting Total Merchantable Bank: 207 825 313 Gp - I got a slight increase in wealth because all my money was returned.
Ending Total Merchantable Bank: 228 466 603 Gp.
Weekly summary - A pretty good week, as far as I am conserned. I know it may not seem much to some but with the time I have to play RS it is a good accomplishment.- 01.09.2013:
1 -Off-hand Drygore mace - 1 005 674Gp - 2,68%
Comment: Seeing that my last attempt was a success I thought about trying them more. Can't complain because I like the profit. Just left it buying overnight again nad logged in when waking up a put it selling. I came back after 5-6h and it had sold. Minimum effort and a nice profit. FC: 90weaps pc- Spoiler:
2 -War tortoise pouch - 124 474Gp - 8,82%
Comment: Not every flip I attempt is a great success and this is one is proof of that. The war tortoise pouches price has started to rise and I put a low buy offer in the G.E. I managed to grap a few before the price went too high. At times like this the only thing you can do is learn from your mistake and move on. But the flip ended with profit so I can't complain.- Spoiler:
The days review - Really need to dig into these drygores for greater profit.
- 31.08.2013:
1 -Off-hand Drygore Mace - 951 746Gp - 2,54%
Comment:Got a current price from a friend and though I would try to lowball it for fun. I was quite surprised to see that it worked. I put it into the G.E. and set the margin to about 1m and left it sitting there. I came online in the evening and saw that it had sold. The fc for flipping them is: "90weaps pc". Go look and try it out.- Spoiler:
2 -War tortoise pouch -1 298 430Gp - 5,31%
Comment: I really, really like them. They a just slow enough for me to manage and play the game also they give me a profit over a million.- Spoiler:
The days review - I will definitely try drygores more from now on and will try to find another item to leave overnight along with the war tortoise pouches. All around a successful day, got the biggest profit in a day for my merchanting diary, so far...
- 30.08.2013:
1 -War Tortoise pouch -1 747 260Gp - 2,33%
Comment: This is a great example why overnight flips are good. I got a very decent profit from these pouches but only checked on them a few times. I even got more money on this one inactive flip than I have gotten as a whole on most days.The reason they are a good flipping item is because they are in demand for PvP, PvM and other types of activities and they usually increase in price when a combat related updated comes because everyone wants to check it out.- Spoiler:
The days review - Nice day. Got a profit to my liking without any serious effort and all around good day in rs too in advancing my levels.
- 29.08.2013:
1 -Dragon hatchet - 82 890Gp - 0,25%
Comment: Tools are always needed and they sold very fast, in 30 minutes.- Spoiler:
2 -Magic seed - 164 631 Gp - 2,84%
Comment: Nothing interesting to see here, just a normal flip to pass the time while waiting for an event. A very common item to flip so not a big margin on these thing.- Spoiler:
The days review -A very bad day for merching too. I mainly focused on setting up for school and agility training on my account.
- 28.08.2013:
1 -Armadyl Helmet - 241 218Gp - 5,47%
Comment:I used the popular friendschat: pc 101, for flipping this item.They don't have the best system for reporting prices because they use a range but you can still make a lot of money there.The helmet bought in 5 minutes and then I put it to sell. Left the computer for an hour and it was sold, easy profit.
- Spoiler:
The days review - Looking at this long I see that I don't have even a quarter of the time for rs than I had before so I am really trying to get out from active flipping now. I have decided to focus on Investments and Overnights, but will still try to add some active flips when I manage.
- Week one 19. - 25. August 2013:
Starting Total Merchantable Bank: 25 385 502 Gp
Ending Total Merchantable Bank: 164m
Weekly summary - Not the best week for my merchanting. I was surprisingly busy and my cashstack was invested. But now I have about 160m to play with so I will definitely branch out into higher wealth items now for better money.- 25.08.2013:
1 -Gnome scarf - 832 930Gp - 1,54%
Comment:- Spoiler:
The days review - A bad day too. I did the scarfs and they were awesome as always, but I really need to find time again to brush up my knowledge. Also I used a great trick on this flip. I price checked the item and the magins were too little for my taste, so I made my own margins because I was overnight flipping it.
- 24.08.2013:
1 -Gnome Scarf - 1 563 390 Gp - 2,93%
Comment: I like this overnight best because it rarely fails me and the profits are good. I suggest everyone with some extra money to try these out overnight.- Gnome Scarf:
The days review - I was rather busy all day and I logged into rs only in the morning but got them buying. After I got home at the evening I just put them selling. I think it didn't even take 2 hours for them all to sell.
- 23.08.2013:
1 - Dragon Bones - 339 900 Gp - 1,32%
Comment: Nothing much, just trying to look up some of my old items and see if they are any good. While flipping them I noticed they are being traded above the G.E. guide price so they are rising making it a safe flip. After I bought them I checked the price again to see if they are trading higher now. They weren't, actually it was lower than before, but knowing that they are on a rise and someone is probably undercutting I used my original price.- Dragon Bones:
2 - Frost Dragon Bones - 176 826 Gp - 1,13%
Comment: Another item I found on my old list and decided to try it out. Fast flip as always but the profit could have been a little bigger- Frost Dragon Bones:
3 - Green dragon mask - 40 302 Gp - 2,28%
Comment: I put the offer at midnight and came back after 10h to see that only 1 has bought. I hoped for more but I guess the price just wasn't right. After putting it into sell it sold after 5 minutes so the sell price was too low too. To summarise things: I bought too low and sold too low.- Green Dragon Mask:
4 - Magic seed - 286 508 Gp - 3,74%
Comment: I remember them being faster but a good flip still. This is the flip I usually do everyday.- Magic Seed:
5 - Diamond bolts (e) - 234 720Gp - 6,52%
Comment: I remembered them as a quick-ish flip and put an offer for them at the start of the day. Took me forever to buy but sold quite quickly. I don't like the profit though because I think the profit/time value isn't really good on this one. Like the percentage though.- Diamond bolts (e):
6 - Magic seed - 407 880 Gp - 2,11%
Comment:I wanted to know how long it will it take to flip the whole limit and timed it for future referrence. It took 1h and 12min.- Magic seed:
7 - Barrows - ahrim's set - 75 804 Gp - 0,76%
Comment:Not a good flip by far nut i just wanted to see the current margins.It took an hour too, like the magic seeds, but it wasn't worth the time/effort value.- Barrows:
The days review - Took a lot of effort but made some money in the progress.I checked some items while flipping these and hoping to go over to investments and overnights because I want to see more than the Grand exchange when I play Runescape, but to each their own.
- Copy pasting:
- Code:
[spoiler=""]
[b][color=#33ccff]Starting Total Merchantable Bank:[/color][/b] Gp
[b][color=#cc3333]Ending Total Merchantable Bank:[/color][/b] To come.
[color=#33ccff]Weekly summary[/color] - To come.
[spoiler=""]
1 - - Gp - %
[b]Comment:[/b]
[spoiler][img][/img][/spoiler]
[color=#33ccff]The days review[/color] - To come.
[/spoiler]
[/spoiler]
Last edited by Minato on 8/9/2013, 10:11 pm; edited 15 times in total
Minato- Grandmaster (2000 posts)
Spunq- Forum Master (1500 posts)
Re: Minato's Merchanting Diary
by Minato 18/9/2013, 7:19 pm
Will try, but sadly I have decreased interest in merching atm. I will try to raise it with a certain thing in the future.Spunq wrote:Update moar Minatoe
Minato- Grandmaster (2000 posts)
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