The Do NOTs of Merching/Flipping: A Beginner's Guide

nice guide. well written

Extremely useful, original guide, thanks for this, +rep.

wow thanx very helpful. +rep

ive just been beating myself recently because i didnt follow rule 1 (i panicked)

i had 20 whips a week or so ago (idk how long ago it was when they were crashing) for 900k each sold them for only 920k when they were still dropping becuz i panicked not seeing them floor out i would made well over 6m by now if i had followed rule 1

Most people make these mistakes, it is good that we as a community can learn from our mistakes and make sure newbies do not make these mistakes. I for one can say I would have rather learned these the 'easy' way.

+rep

Thanks this helped a'lot.

i am not good at merchanting... but thanks for the guide! have a nice day!!

thanks pretty helpful (reminds me of a dad saying dont do this, well actully try it "finger in socket") :p

Thanks for this guide. It's a nice reminder to stay cool, take it easy, be careful, and don't forget the basics!

great reminder and stuff to think about and gound you
+rep

Very nice. Thanks for taking the time to write that. Good basics to remember.

Just added my eighth rule (number seven)! Thanks again for the support, all! I felt all hot-shot after writing this guide, but I've learned that I'm still just a newbie myself. So I will always try and update after I learn from my mistakes. Good luck, friends!

This is a great guide.. of course my biggest problem is patience though, like almost everyone else xD

Very nice guide! Nearly panicked when I got stuck in the "sara sword" incident for the 1st time. Then I read these forums to see if I could find a guide that would save my tail, and sure enough, I stumble upon one of your posts and see your signature.

Thank you very much!

this is really helpful

im not a beginer but ur guide helped me

Just added a 'Tips' section! Feel free to dispute any of my tips.

Thanks alot this guide helped me alot with flipping took me a while to read but it was well worth it! thanks man +rep

I think I should probably practice 'Rule 1' a bit more... My patience level is pretty low.

Wow, I almost lost a lot of the money I invested by being impatient, this guide totally made me remember not to blow it all, and ended up making money still. +10000 rep

Hey, thanks for the guide, it's really helpful! but uh.. I don't get Rule 7, it looks like you made a profit, not a loss. :l

galaxytab1234 wrote:Hey, thanks for the guide, it's really helpful! but uh.. I don't get Rule 7, it looks like you made a profit, not a loss. :l

Yes, I made a profit on those flips, but my net change in GP was negative, not positive. What the rule says, is that I spent so much time looking for items and BSing with high-value flips (Spirit Shields), that I actually lost money, even after I flipped some good items. Hope that helps.

nice guide,thank you very much.

Very nice guide, this will definantley help flippers who are beginners. I wish this was available when I started lolz +rep

Awesome guide. It really helped reinforce some rules about flipping that I knew, but still often break.

Wow, really nice guide! Helped me a hell of a lot.