purple pilot's merchanting log

by **purple pilot** 23/5/2014, 9:50 pm

hello, my name is purple pilot and i decided to start a flipping log.
I hope you will enjoy it!

feel free to leave a comment.

my calculation for the percentage: Selling price - buying price / buying price X 100%

Total profits logged: 4.898.948

2013:

may 2014:

june 2014:

More comming soon!

by **Michael** 26/5/2014, 2:03 am

Nice start, keep it up! Smile

by **Imperfectpur** 26/5/2014, 11:53 am

Hello purple, keeping a log of your past successful flips is a great way to back and re-visit the items you have dealt with, as well as what you could have potentially done batter at the time, to furthermore increase profit margin! I think it's a great initiative, keep it up!

by **Kelly** 26/5/2014, 6:59 pm

[ADMIN] Imperfectpur wrote:Hello purple, keeping a log of your past successful flips is a great way to back and re-visit the items you have dealt with, as well as what you could have potentially done batter at the time, to furthermore increase profit margin! I think it's a great initiative, keep it up!

Piggybacking a bit off Imperfectpur, another idea to do is if you find item(s) you particularly like to flip (i.e., I always liked to flip Steadfast Boots for some reason), trying to flip them very frequently (i.e., every other day or so), you can keep track of their buy/sell and ultimately see how the item is doing. By flipping something frequently you become more comfortably with it, and slowly you can inch your way out of your comfort zone to try to increase your profit margins Smile

. Also, if you keep a log of the buy/sell of the item you like, you could try to invest in it based off the actual buy/sell and the graphs.

Keep it up, bud. Good luck!

by **purple pilot** 27/5/2014, 6:54 pm

@Michael, @imperfectpur, @kelly Thanks for your support, I really appreciate it! Smile

by **Ms. Santa** 27/5/2014, 10:49 pm

goodluck with this!!

by **purple pilot** 28/5/2014, 7:41 pm

Ms. Santa wrote:goodluck with this!!

Thanks for your support!

by **Fatal** 29/5/2014, 6:16 pm

Kelly wrote:
[ADMIN] Imperfectpur wrote:Hello purple, keeping a log of your past successful flips is a great way to back and re-visit the items you have dealt with, as well as what you could have potentially done batter at the time, to furthermore increase profit margin! I think it's a great initiative, keep it up!

Piggybacking a bit off Imperfectpur, another idea to do is if you find item(s) you particularly like to flip (i.e., I always liked to flip Steadfast Boots for some reason), trying to flip them very frequently (i.e., every other day or so), you can keep track of their buy/sell and ultimately see how the item is doing. By flipping something frequently you become more comfortably with it, and slowly you can inch your way out of your comfort zone to try to increase your profit margins . Also, if you keep a log of the buy/sell of the item you like, you could try to invest in it based off the actual buy/sell and the graphs.

Keep it up, bud. Good luck!

Take that to heart. I have 3 items I try to flip everyday several times if I can, and I am super comfortable with them. Has helped me several times notice a trend before the graph and get ahead with an overnight investment sort of deal. I love how diverse you've been in your item selection so far, and that some of your smaller profits haven't deterred you. Several of your last few flips were nice. Keep it up ^_^