Julij2's Merchanting Diary
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Julij2's Merchanting Diary
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[color=#33ccff]Starting Total Merchantable Bank: [/color]
[color=#33ffff]Ending Total Merchantable Bank:[/color]
[color=#33ccff]Weekly summary[/color] - Explain your thoughts on the weeks activities in a paragraph or 2, what you might have done wrong, what you can improve and what you think you got right etc.
[color=#33ffff]Week of:[/color]
[color=#33ffff]Date:[/color]
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[color=#33ccff]The days review[/color] - Note your thoughts about the days trades here.
[color=#33ffff]Date:[/color].......etc
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Last edited by Julij2 on 3/2/2014, 1:29 pm; edited 101 times in total
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Starting Total Merchantable Bank: 877m
Ending Total Merchantable Bank: 1016m
Starting Total Merchantable Bank: ~1050m
Ending Total Merchantable Bank: ~970m (bought gold package)
Starting Total Merchantable Bank: ~970m (bought premier gold)
Ending Total Merchantable Bank: ~1040m
Ending Total Merchantable Bank: 1016m
- Week 1:
- Week of: 12.8-19.8.2013
Weekly summary - One of my best weeks in merchanting. I've made over 150m even though I haven't flipped much during last two days. The only time I made so much was when magic slayer dungeon was released. I won't be active in incoming weeks and I've made some long term investments so this won't be properly updated.
Date: 12.8.2013
1 - Ascension Keystone Quartus - 1.783.760 - 7,87%
I found about these a few days ago. They're great item for inactive and active flips. Margins are pretty solid and limit is great. But the most important thing is that they fluctate a lot during day so you can make some sick profits on them. Great overall item.- Buy Picture:
- Sell Picture:
2 - Pumpkin - 1.867.700 - 0,99%
Rares have always been one of my favourite items to flip. They may not make the best money but they're always fun to flip. If you focus and monitor them closely you may end up getting some good profits although sometimes it may end badly.- Buy Picture:
- Sell Picture:
The days review - Haven't done much flipping today. Was pretty busy with other stuff. I've done a few minor flips but they're scattered all over my computer so I won't bother finding them.
Date: 13.8.2013
3 - Torva Gloves - 1.475.89 - 4,44%
I haven't done nex gloves/boots for quite some time but they always used to by my favourite. Limit is only one and most people tend to flip legs, body or helm beacuse they think it grants better profit. I disagree with them since I can make more money from gloves and boots then they with their low margin legs, body or helm flips.- Buy Picture:
- Sell Picture:
4 - Torva Boots - 1.523.800 - 5,21%
Torva boots are just awesome. When they were more expensive I tend to make 2-3m per one flip. Now they're still good. Although they're not as good as they used to be they're still a decent money maker.- Buy Picture:
- Sell Picture:
5 - Virtus Gloves - 1.499.200 - 7,20%
I haven't really flipped them before but I recently started and they're plain awesome. It's funny how people think that since they're less expensive than most of nex gear they have smaller margins. Well this is the proof this isn't true.- Buy Picture:
- Sell Picture:
6 - Virtus Gloves - 1.066.900 - 5,05%
Another great flip. I'm really suprised how fast they buy and sell. This is going to make me rich.- Buy Picture:
- Sell Picture:
7 - Torva Boots - 1.337.700 - 4,77%
Good margins through the whole day. I tried flipping this for bigger margin but it didn't sell. Well I'm still very satisfied with it. Free mills please.- Buy Picture:
- Sell Picture:
8 - Ascension Keystone Primus - 1.943.900 - 11,17%
You have to love them. You don't really need a lot cash to flip them and they have amazing margins. Too bad I rarely get a full limit. Maybe one day...- Buy:
- Sell:
9 - Divine Spirit Shield - 1.476.800 - 1,44%
I saw they crashed nicely so I put a lowball offer in and it completed. Great flip especially since I tend to stay away from divines as they rarely work for me unless I set a low margin.- Buy Picture:
- Sell Picture:
10 - Dragon 2h Crossbow - 2.752.000 - 7,05%
These things have awesome margins. Too bad they're painfully slow and that chances of getting undercutted are high. Still a decent money.- Buy Picture:
- Sell Picture:
11 - Virtus Gloves - 1.376.700 - 6,58%
I really hope this doesn't get ruined by too many flippers. Can't believe they're so awesome. I'll try to set bigger margins next time. Maybe I'll succeed.- Buy Picture:
- Sell Picture:
12 - Ascension Keystone Quintus - 2.548.000 - 8,67%
Great flip. Although I could have made way more. I wanted to price chek but I didn't get one for 10%+ so I decided I'll put buy offer in for like 20k above mid price and then I'll sell at 10%. Well they bought really fast and they sold even faster. Could have made more if you ask me but still it's a great profit.- Buy Picture:
- Sell Picture:
13 - Divine Spirit Shield - 1.500.800 - 1,47%
These are flipping extremly well at the moment. This one sold almost instantly. Hopefully they'll stay like this for some more time so I can get more money off them.- Buy Picture:
- Sell Picture:
14 - Ascension Keystone Quintus - 2.527.808 - 17,67%
Best flip today for sure. They sold instantly. Wasn't expecting them to rise so high. I putted sell offer in for like 120k above mid price and I was afraid they won't sell.... Sadly I haven't bought more. In that case I'd be rich- Buy Picture:
- Sell Picture:
15 - Divine Spirit Shield - 1.477.700 -1,44 %
Another good divine flip. Decision to make another p2p account paid out well. I used to have two accounts in the past but I was very limited at money at that time so I never made a lot. Now it's just perfect as I have enough wealth to flip high wealth items on both of them so profits are amazing.- Buy Picture:
- Sell Picture:
16 - Torva Gloves - 1.600.000 - 4,97%
This flip took a while but it was well worth it. Although there are usually 1m margins reported you can easily go over them. Great item.- Buy Picture:
- Sell Picture:
17 - Torva Gloves - 1.661.800 - 5,17%
Again a good flip with torva gloves. Really enjoy flipping them with their constant good margins.- Buy Picture:
- Sell Picture:
18 - Torva Boots - 1.900.000 - 6,96%
Awesome flip. It took a little longer than other but it was well worth it. Almost two million profit is great especially if it doesn't require much of an attention. Better than doing qbd or frosts for one hour for same profit...- Buy Picture:
- Sell Picture:
The days review - It was a great day. I can't remember the last time I so enjoyed merchanting. Anyway I think I made over 30m today and the best thing is that there was no attention required. You put in buy/sell offers and just wait. I'll be pretty busy in incoming weeks so I'll try to update this as often as I can. I'll probably focus more on inactive flipping.
Date: 14.8.2013
19 - Divine Spirit Shield - 2.000.000 - 1,97%
This was an overnight flip. I've putted buy offer in for like 102.2m on my noob account. At that time was on limit so none bought. Divines crashed later on so after the limit reseted I bought it for 101.25m instantly as I still had offer in. I was expecting slight rebound due to divines hitting 100m so I putted sell offer for 2m over buy price in. It sold and I made some nice profit.- Buy Picture:
- Sell Picture:
20 - Virtus Gloves - 1.500.700 - 7,04%
These work great in the morning. I flipped them yesterday in the morning and today. Both times they worked great. Hopefully they'll stay this good for quite some time.- Buy Picture:
- Sell Picture:
21 - Virtus Boots - 1.268.718 - 10,14%
This is the first time I tried virtus boots I think. Pretty sold item. They're not as good as gloves but they do their job.- Buy Picture:
- Sell Picture:
22 - Torva Boots - 2.111.800 - 7,56%
Awesome flip. I've putted a large margin in these and they did sell so I made some nice profit off them. They're definetly my favourite torva item.- Buy Picture:
- Sell Picture:
23 - Ascension Keyston Quintus - 6.037.500 - 17,62%
This one was simply amazing. When I wanted to price check them yesterday I wasn't able to buy even one for 1m. So I quickly putted buy offer in for like 50k above mid price in hopes I get the best offer in. I got 46 of them quite quickly which wasn't the good sign. So I took offer out and putted sell offer below 1m hoping I'll get atleast a few sells. I managed to sell a few overnight and that was enough as with every sell I made atleast 240k per piece. This is probably the best flip for today. Maybe.- Buy Picture:
- Sell Picture:
- Sell Picture:
24 - Torva Boots - 1.337.700 - 4,77%
They're not as good as they were yesterday. They slowed down a lot. Maybe yesterday was just a crazy day or someone found this and I'm being undercutted. Anyway they're still decent flip.- Buy Picture:
- Sell Picture:
25 - Torva Boots - 2.132.000 - 7,81%
I guess they're still pretty good. This boots took quite some time to sell but the margin was bigger. Compared to other stuff they still kick ass.- Buy Picture:
- Sell Picture:
26 - Torva Gloves - 1.766.131 - 5,41%
Torva gloves aren't going well for me at the moment. I had buy offer for them overnight but haven't bought a single one. I guess I'll just inactive flip them for some good profits.- Buy Picture:
- Sell Picture:
27 - Torva Gloves - 1.676.111 - 5,12%
This gloves took some time to sell. But I'm pretty satisfied anyway since profit is good. Torva went up a little so I hope margins don't get ruined.- Buy Picture:
- Sell Picture:
28 - Ascension Keyston Quintus - 1.013.100 - 3,8%
They worked great last night but todays margins are little lower. They still give a good profit and are definetly worth flipping.- Buy Picture:
- Sell Picture:
29 - Ascension Keystone Tertius - 3.679.626 - 7,48%
Wasn't really expecting to buy almost a full limit of them. Originally I bought only one as I got undercutted for 1gp. After that I cahnged offer and I bought 98 of them. I putted sell offer in and 89 of them sold instantly. Too bad I haven't tested margins. In that case I could have made more. But 3.6m is still a great profit for almost no work.- Buy Picture:
- Sell Picture:
30 - Torva Gloves - 1.461.000 - 4,38%
Pretty much my standard flip in past few days. I'm flipping these all the time due to their speed and good margins.- Buy Picture:
- Sell Picture:
31 - Torva Boots - 1.337.119 - 4,68%
Again a good torva boots flip. You have to like them as they're just amazing money maker.- Buy Picture:
- Sell Picture:
32 - Virtus Boots - 2.275.500 - 8,72%
Not really such a good flip. It took me a whole day to sell them. I probably exaggerated with margin so they were extremely slow. Well it's still a pretty decent profit.- Buy Picture:
- Sell Picture:
- Sell Picture:
33 - Virtus Gloves - 1.989.131 - 8,99%
They sold instantly. Got lucky to buy them so low. And then again to instant sell them.- Buy Picture:
- Sell Picture:
The days review - Great day. I made some sick profit. I have to focus on other stuff in the incoming days so I'll log less flips but hopefully they'll give better profits.
Date: 15.8.2013
34 - Ascension Keystone Tertius - 2.581.070 - 5,52%
Great overnight flip. You can easily get 1m+ and even 2m+ is pretty common. I'll have to try for bigger profit next time. As long as I buy them before sleep everything is okay.- Buy Picture:
- Sell Picture:
35 - Ascension Keystone Quintus - 3.155.724 - 4,19%
Should have sold them for more. I wasn't even able to price check one this morning when I wake up. Oh well 3m is still a great profit. But next time I'm aiming for little more.- Buy Picture:
- Sell Picture:
36 - Torva Boots - 1.376.700 - 4,81%
Standard flip. They're not performing as good as they did in past few days but the profit is still decent. I should aim for higher though as this was an overnight flip.- Buy Picture:
- Sell Picture:
37 - Ascension Keystone Quintus - 2.301.320 - 4,32%
This was done on my second account. As I said I could have sold them for higher. I'm not sure why they're rising since most of other keys is just going down. Well as long as they make me profit I don't care although I'll have to be careful with them. I don't want them to crash on me as that will probably result in a few million loss.- Buy Picture:
- Sell Picture:
38 - Torva Gloves - 976.800 - 2,92%
Like I said margins are getting lower and lower. Since gloves are quite stable in 33m-35m range more people flip them making them margins lower and lower. But anyway almost mil profit is still decent profit although it could be better.- Buy Picture:
- Sell Picture:
39 - Virtus Gloves - 1.376.876 - 6,12%
These things are slowing down at the moment. A few days ago I was flipping them so easily. Buys and sells were extremely quickly even if the margins was big. They're still decent but the flip just takes too long. I tried them overnight as they had a good potential but they didn't went too well.- Buy Picture:
- Sell Picture:
40 - Torva Gloves - 1.476.111 - 4,61%
I guess they're still good. At previous flip I said margins are getting lower but I was wrong. They're still great. The problem with previous flip was that buy offer was too high and that costed me potential 400k or 500k profit. Not so bad though as long as I profit.- Buy Picture:
- Sell Picture:
41 - Steadfast boots - 2.032.800 - 1,63%
Average flip. I've tried steadfast boots many times but they just don't work for me. I'm not sure what's the reason. I just have bad luck with them. Two million profit is still very nice so I'll try to flip them as often as I can.- Buy Picture:
- Sell Picture:
42 - Ascension Keystone Quintus - 5.813.980 - 22,06%
Awesome flip. They're all over the market in past few days giving huge margins from 800k-1.1m. And the best thing is that the limit is 100 and there are not many people merching this particular keystones.- Buy Picture:
- Sell Picture:
- Sell Picture:
43 - Steadfast Boots - 2.445.500 - 3,05%
This was a great flip. They were 1m above mid price yesterday so they had huge margins. Too bad I wasn't able to buy 4 more as someone undercutted me for great deal but why bother with his low margins anyway.- Buy Picture:
- Sell Picture:
44 - Ahrim's Book of Magic - 1.568.400 - 4,77%
I've tried them a few times lately. Was always suprised why I can't buy more than 5 of them then I saw the limit on them I actually 5. I think due to their limit they have pretty good margins which range from 300k up to 1m. Great flip.- Buy Picture:
- Sell Picture:
45 - Ascension Keystone Quintus - 12.624.832 - 18,44%
Beast flip. After my 5.8m quintus flip earlier I decided to try them again. They had huge margins so I quickly putted buy offer in. At first they were extremely slow buy. But I waited for some time and they started to buy rather quickly. When they slowed down again I took my offer out and quickly putted sell offer in for just below 1mil. 43 of them sold instantly which was great. The other half was selling really quickly after that but I wasn't able to sell last 6 of them as I was undercutted. I just insta sold them as they low price was above 900k which is still way more than I've bought them.- Buy Picture:
- Sell Picture:
The days review - Was a great day. I logged in and out a few times and yet I managed to make some sick money. I've got really lucky and I hope my luck doesn't turn around soon. If things go so well I might get my 1st 1b over the weekend. After that it's time to chase the partyhats.
Date: 16.8.2013
46 - Virtus Robe Legs - 1.187.600 - 2,68%
I used to love virtus but lately the margins on them are extremely bad due to so many people able to merchant them making margins low. They're still an average flip but for that money I can get better profit somehwere else.- Buy Picture:
- Sell Picture:
47 - Dragon Hatchet - 1.037.000 - 2,83%
Quite suprised on how well hatchets are doing. I've tried them many times in the past but they just haven't worked and if they did the margins were so small it just wasn't worth it. Well I've been tracking them for a few days as I have future plans with them so I decided to flip them a little and they're quite good atm.- Buy Picture:
- Sell Picture:
48 - Torva Gloves - 1.366.900 - 4,34%
Another one of those torva flips. It was better when there was more panic on the market but it seems things are getting stable atm so margins are not as good anymore. Flip is still decent.- Buy Picture:
- Sell Picture:
49 - Ascension Keystone Tertius - 1.675.287 - 3,31%
These were funny. When I tested their prices they had 1gp margin so I putted buy offer in for high price and I insta bought only one. Not sure if some noob was trying to cover up margins but he failed. Anyway after a while full limit bought and I putted sell offer in for like 15k above buy price and they sold faster than expected.- Buy Picture:
- Sell Picture:
50 - Ahrim's Wand - 1.180.200 - 3,82%
This item has a good potential. The only downside is that people undercut so large margins to extremely low ones. When I tested prices margin was ~300k and it went down for atleast 100k in very short period of time. 1.2m profit is still decent.- Buy Picture:
- Sell Picture:
51 - Dragon Hatchet - 1.015.216 - 3,47%
Again another good flip with hatchets. Got some secret plan with them in the future so we'll see.- Buy Picture:
- Sell Picture:
The days review - This was a bad day compared to previous ones. But I've got other things to focus on now so I was expecting this. Anyway I made ~110m in 4 days which is pretty awesome so I might take a little break from merchanting. Not in form of complete break but I'll slow down a little.
Date: 17.8.2013
52 - Torva Gloves - 1.310.800 - 4,28%
This was an overnight buy I believe. They've slowed down a lot so they're not as good as they were. I don't flip them often now but every once in a while when I ran out of ideas they're still a good choice.- Buy Picture:
- Sell Picture:
53 - Ascension Keystone Secundus - 1.244.529 - 3,26%
Well this was a decent flip. They had good margins in the past but lately they're shrinking down. Still 1m flip is better than nothing.- Buy Picture:
- Sell Picture:
54 - Ascension Keystone Sextus - 1.423.822 - 4,19%
These things took forever to sell. Not sure if I want to try them again. Out of all keystones these are my least favourite.- Buy Picture:
- Sell Picture:
55 - Virtus Gloves - 1.286.111 - 5,22%
I tried them many times but they just didn't buy. Well today I managed to get one piece. Was really happy when they sold almost instantly.- Buy Picture:
- Sell Picture:
56 - Ascension Keystone Quintus - 6.037.000 - 32,74%
Amazing flip for such a low quantitiy of them. They're really wild lately so I'm not sure if I'm going to keep on flipping them.- Buy Picture:
- Sell Picture:
57 - Ascension Keystone Tertius - 1.577.037 - 41,99%
Margins on these were incredible. They had low price of 100k earlier but I haven't managed to buy any so low. Still I did get a few on them extremely low and the end result was this flip.- Buy Picture:
- Sell Picture:
58 - Ahrim's Book of Magic - 1.191.904 - 2,75%
Great for flipping. You can always get a minimum of 1m per full limit so they make a good money maker. Not to mention they're fast buy and sell.- Buy Picture:
- Sell Picture:
The days review - Was a pretty good day. It started a little rough as I haven't managed to pull any good flips but it got better later on. Keystones really saved me. I also lent some money (~200m) and I have some of it in investment (~380m) so I'm pretty short stacked atm. I'm struggling to fill all 6 ge slots. Hopefully I'll have my full cash pile available soon and that's the first time I'll get over 1b coins.
Date: 18.8.2013
59 - Ascension Keystone Quintus - 7.473.247 - 11,91%
This was an overnight flip. It took me quite some time to buy them but it was well worht it as their margins were huge. After I putted sell offer in 18 of them sold rather quickly but after that I kept getting undercutted. Eventually I had to go to sleep so I left sell offer in which was too high. When I woke up only 1 key sold so I had to sell rest for loss. I sold them instantly as I haven't bothered for that 500k profit anyway. But even though I managed to get 7m profit.- Buy Picture:
- Sell Picture:
- Sell Picture:
60 - Torva Gloves - 1.806.889 - 5,81%
Overnight buy. I only managed to get one which is still decent. Second one didn't buy. Next time I'm thinking of putting higher offer in so I can get atleast 2 gloves which means more profit. Still 1.8m profit is really good on gloves.- Buy Picture:
- Sell Picture:
61 - Virtus Gloves - 1.476.900 - 5,83%
Good flip. It's quite funny how virtus gloves are the most expensive virtus armour and their price is 4m above mid price even though most of nex items is crashing. I'll have to be really careful with them in the future.- Buy Picture:
- Sell Picture:
62 - Ragefire Boots - 3.627.528 - 6,48%
This was a funny flip. I've tested margins on them and I saw they were huge. So I immediately put buy offer in and they bought almost instantly. I was a little scared someone just dumped huge amount of them but I still continued with flip. Well everything great and as you can see it took me only 1 hour to complete the offer. Awesome.- Buy Picture:
- Sell Picture:
63 - Torva Boots - 1.110.800 - 4,17%
Bad flip imo. They took whole day to sell. I think that I've setted too high buy offer on them. Still 1m profit although it wasn't worth the time.- Buy Picture:
- Sell Picture:
64 - Ahrim's Book of Magic - 1.139.500 - 2,06%
Decent flip. At first I setted quite big margin (~500k) but they just didn't buy. So I had to to make it smaller for like 200k. After that it took some time to buy. They sold extremely quickly.- Buy Picture:
- Sell Picture:
65 - Ascension Keystone Secundus - 2.660.724 - 8,37%
I was a little suprised when I got full limit without bein undercutted. I got it rather quickly so I though prices crashed on me. It took me a while to sell them.- Buy Picture:
- Sell Picture:
66 - Ascension Keystone Tertius - 1.536.600 - 4,61%
They had way better margins yesterday. This flip was a waste as it took too long for them to sell. I also did primus flip but I forgot sell picture. It resulted in 1.6m profit I think.- Buy Picture:
- Sell Picture:
67 - Ascension Crossbow - 1.537.700 - 0,67%
Honestly these bows suck. Their prices are badly manipped. I think this was the last time I'm flipping them unless they got them more sorted out.- Buy Picture:
- Sell Picture:
The days review - Not a bad day at all. Didn't had much time to flip but I still managed to get a nice profit. Atm I'm staying away from flipping and I'll focus on long-term investing. I hope it goes well.
Date: 19.8.2013
The days review - Haven't flipped todays as I invested all my cash in long term investments. This won't be updated in incoming weeks as I'll be too busy.
Starting Total Merchantable Bank: ~1050m
Ending Total Merchantable Bank: ~970m (bought gold package)
- Week 2:
- Weekly summary - It was an extremly busy week which is understandable due to holidays. I haven't flipped a lot as at the moment I'm stuggling with finding good items. I was out of inactive flipping for like a month since I mostly just dealt with short term investing. I'm also having difficult times with using all my wealth. I'm not comfortable with high wealth flipping as I once was. I tried some level 90 weapons but they just don't seem to work. I'm thinking on making 3 accounts and flip low-med wealth items as they're my favourite ones and they can easily make more money than high wealth flipping.
Week of: 26.12.2013-2.1.2014
Date: 26.12.2013
68 - Zaryte bow madness - 30.134.907 - 3,07%
This were all active flips except the one with 4 zaryte bows. They've been all over the market and I've used the opportunity to flip them. Should have gotten a few more million but I wasn't really expecting 3-4m margin lol. However they've settled on 2m margins very fast which is still a decent.- Buy and Sell Picture:
69 - Ragefire boots madness - 28.832.974 - 14,63%
These were all low volume sale. I was tempted to sell for even higher prices as I wasn't able to get one for 8m but I wasn't prepeared to throw out money. The profit was amazing anyway and was quite suprised I was able to sell them all.- Buy and Sell Picture:
The days review - Quite certainly one of my best merchanting days. Ragefire boots made me a bank, zaryte bows had an amazing margins and at the same time they were extremely quick flip. Too bad the margins haven't lasted for a few days, but I was lucky enough to make this kind of money anyway.
Date: 27.12.2013
70 - Armadyl battlestaff - 17.422.771 - 10,42%
This was an overnight flip. Woked up next morning and staffs went low volume so the margins were huge. Got lucky I was able to sell so many. Really don't know what's with this mage stuff lately but prices are crazy atm.- Buy and Sell Picture:
71 - Ascension keystone primus - 3.434.214 - 9,48%
You just have to love keystones. They have amazing limit and margins. This was a highball sell. Wasn't able to buy full limit so I just set ridiculous sell offer in hope it sell. #yolo- Buy and Sell Picture:
The days review - Kinda boring day. Ragefires and zarytes still worked but I didn't bother to post them all. Apart from armadyl battlestaff everything was pretty much averaged. I'll try to find some investments if possible.
Date: 28.12.2013
72- Ascension keystone primus - 3.434.214 - 9,48%
My standard flip. They provide really decent income and are great for either active or inactive flipping. Sadly I haven't managed to get more but the profit was still big.- Buy and Sell Picture:
73- Zaryte bow -4.000.000 - 2,82%
This was still an active flip. They're all over that market but their margins are closing in together. Better flip them some more while they still work.- Buy and Sell Picture:
74- Zaryte bow - 4.730.730 - 3,31%
This was a very high sell. The flip took all day to complete. It only shows how slow they've gotten. Still really good money.- Buy and Sell Picture:
The days review - Sleepy day. Didn't merched too much as I was more focused on doing some PvM. I'm thinking of making some long term investment as flipping kinda bores me atm.
Date: 29.12.2013
75 - Off-hand drygore rapier - 843.854 - 1,46%
Drygores really do suck lately. Off-hands are still kind decent while mainhands are just awful. I've tried 1m margin on mhr and mhm. Had buy offer in for a whole day and it didn't buy... At the moment I think I'm going to keep away from there. Not enough money in it.- Buy and Sell Picture:
76 - Off-hand drygore rapier - 883.300 - 1,52%
Pretty much the same as previous flip. They're far too stable to be flipped for something larger. Not to mention mid price is close to an actual price so even if you snipe drygore you won't get a lot of money.- Buy and Sell Picture:
77 - Glaiven boots - 943.833 - 4,81%
Well this was way better. Sadly I only managed to buy 3 pairs but oh well. Boots are all over the place at the moment so they make some nice flips.- Buy and Sell Picture:
The days review - Haven't done much flipping today. I transfered all wealth from noob to my main and I tried to flip some 90 weapons. Well apart from ohr all of them sucked... Thinking of transfering wealth back and just flip other stuff. We'll see...
Date: 30.12.2013
The days review - I'm sorry about not posting any flips today. I was extremely busy with other stuff and things just didn't get through today. I've made like 1-2 flips but both of them very poor. I'll try to make it up.
Date: 31.12.2013
78 - Infinity robes set - 3.924.000 - 2,37%
This is my first time trying them. I saw some people flip these before and they had an incredible margins. Although when I was trying infinity in the past it was extremely slow. These flip was completed suprisingly quick. It only took like 2 hours to buy and sell.- Buy and Sell Picture:
79 - Spectral spirit shield - 437.000 - 10,79%
I still remember spectrals being at ~40m and having a limit of 2. They were probably my favourite item of all. Sadly nowdays they're pretty worthless and with limit of 1 they're not really worth flipping. Their margins are still good though looking at their price atm.- Buy and Sell Picture:
80 - Black mask - 1.166.000 - 63,97%
Dat low volume sell. This was a fun flip actually. After I saw BTS my first concern were black masks lol. I was really suprised on how costly they were these days. I immediately set buy offer in for a good chunk above mid price just to get some masks. Sadly I only managed to buy one so I decided to have some fun with it. Should have sold for more honestly. Maybe I'd get lucky.- Buy and Sell Picture:
81 - Pernix gloves - 1.000.000 - 8,97%
Torva plate, legs, virtus robe, legs nty. Gloves and boots are still the best when flipping nex stuff. The margin on this flip is low though as this was an active flip but when inactive flipping these stuff you can get up to 2m margins. I recommend this to anyone with low-medium wealth.- Buy and Sell Picture:
82 - Infinity robes set - 1.754.868 - 2,65%
Still trying infinity robes. This time only 4 managed to buy but it was still a decent flip.- Buy and Sell Picture:
The days review - Not a bad day at all. Did some more flipping today. Was trying some stuff I usually don't flip and it went through quite well. The infinity robes set is quite a discovery to me and I think I fell in love. I used to flip massive amount of boots but they're quire worthless nowdays. I'm still struggling with finding some extra good items. Maybe beacuse I'm just not into merching lately.
Date: 1.1.2014
The days review - Played some runescape today but I haven't really merched. Was a busy day so I hope I'm fogiven.
Starting Total Merchantable Bank: ~970m (bought premier gold)
Ending Total Merchantable Bank: ~1040m
- Week 3:
- Weekly summary - It was a really good week. I mostly flipped level 90 gear and it proved it can be a great moneymaker. The problem is that finding margins can be hard sometimes. Also note that it's not wise exaggerating with buying them too much as it's hard to get rid of more limits at once. Level 90 shields were great too. I haven't flipped too many of them as venegful decided to rise like 8m after my overnight flip and it just doesn't seem safe atm. Pernix gloves were a great money too although they really sucked for last day or two.
Week of: 2.1.2014-5.1.2014
Date: 2.1.2014
83 - Torva boots - 988.389 - 6,72%
First I tried buying them at ~13.8m as the nex reported that price was somewhere between 14-15. After 30 minutes of trying I gave up so I decided to start raising my buy offer until they buy. Finally they bought at 14.7m. There wasn't much of a profit to be done here due to reported prices so I just left sell offer in for 1m above buy and I hoped they sell. The good thing about nex boots and gloves is that due to their low limit they have a good chance of going low volume enabling you to sell higher or buy lower then you usually would.- Buy and Sell Picture:
84 - Pernix gloves - 6.744.348 - 14,45%
Erm... Not sure what happened here. I putted buy offer in in the morning as I was going to be away whole day. When I got back I saw that all 4 bought which was a good thing. I putted sell offer in for 12.9m which was my usual sell price and 2 instantly sold. I quickly cancelled my sell offer and added 750k to each glove. Few seconds later they sold. I was really lucky with this. Not sure what's going on with nex stuff and ss but when I checked forums prices were crazy.- Buy and Sell Picture:
85 - Pernix gloves - 1.289.309 - 11,06%
This was sold in early early morning. If I'd knew prices will go mad on these I'd hold onto them. It was still a decent flip that shows that even with low wealth you can earn some really good money. Nex gloves and boots are fast flips and they make good money. The thing that drags people away is their low limit (1). Not sure why as they make more money than nex top, legs, and masks as their margins are usually lower due to more people flipping not to mention they take longer due to +1 limit. Not complaining though- Buy and Sell Picture:
86 - Ascension keystone tertius - 4.046.000 - 19,01%
Tertius keystones are really on fire right now. Not sure what's the reason of them acting so wierd. I know quintus keystones took a huge hit with devotion ability (The boss from quintus keys was really hard and people lost their keys. That resulted in huge spike of quintus keys but with devotion ability boss is extremely easy as it can't hit through prayer). Maybe some guys are messing with them or idk really- Buy and Sell Picture:
87 - Zuriel's staff - 7.689.200 - 47,79%
AMAZING FLIP!!!!! NOT.... This flip took 3 days to complete. Margins are just amazing but the item lacks speed. I haven't flipped rev stuff for quite some time now as the flips take some time to complete but I started checking it again. I found out that margins are just incredible but the speed is extremly slow. Not to mention getting the full limit is extremely hard. I'll stay away from this atm as I don't have enough ge spots to play like this.- Buy and Sell Picture:
The days review - Was a really good day. I was away most of it as I was skiing but luckily I made some buy offers in the morning and that really paid out. I'm still not perfectly satisfied with the turnout though as some of the flips didn't complete. I'll start making a list of my favourites items so I won't struggle with finding something out of my mind.
Date: 3.1.2014
88 - Dragon chainbody - 576.747 - 3%
I tried this after quite some time. I was never a fan of flipping these as they usually have poor margins and the speed is not that great. Dragon is more of cosmetic armor nowdays and it's far away from it's glory days. Waste of ge slot imo.- Buy and Sell Picture:
89 - Tectonic robe top - 1.332.300 - 4,23%
I was quite suprised when I saw tectonic so low. I decided I'll have some fun with it as I haven't flipped it for a while. I turned quite well. This flip was very fast and awesome profit. Wasn't sure about margin so I just went for 1.3m. Maybe I could have gone for 2-3m but I wanted this to be an active flip.- Buy and Sell Picture:
90 - Tectonic robe top - 1.432.300 - 4,54%
Same as the previous one. This time I just stretched my margin up. Was really fast flip so I'm really satisfied with the profit I got on this limit. I'll try other parts to see how they work.- Buy and Sell Picture:
91 - Tracking gloves - 3.031.000 - 1,78%
This was meant to be an active flip but it turned into inactive. Level 85 gloves are really slow compared to level 85 boots. They have way better margins though but unless they're rising/crashing they're not worth doing as margins when stable are low and slow speed waste you a lot of precious time and money. Fyi this flip took ~24 hours.- Buy and Sell Picture:
92 - Vengeful kiteshield - 1.733.300 - 5,07%
Awesome flip. I used to flip tons of these and made some nice money. Stopped though as one time I wasn't able to buy them overnight (not sure why that made me stop lol..). Anyway shields are rarely updated and their low limit makes them incredibly good flip. Not to mention people are afraid to flip them as they think they may crash again. Well I can tell that vengeful is in 32-36m range for a month I think.- Buy and Sell Picture:
93 - Zaryte bow - 1.421.657 - 1,01%
Misstyped the buy price so I bought them for too high. Would have made additional 800k on these but oh well. Still a decent flip. Sell was almost instant so I wasn't sure they price I sold was good as I could have made more profit.- Buy and Sell Picture:
94 - Malevolent kiteshield - 1.511.203 - 2,15%
You have to love shields. Although merciless lost 1/4 of my bank (at its peak) I still don't have bad feelings about them. I got over it and now it's time they start paying me back. Really fast flip and the profit was well worth it. Tbh shields>drygores at this moment.- Buy and Sell Picture:
The days review - Tried some new items today. I'm starting to get that old feeling back so the flips should vastly improve by now on. I've also got the general idea on what I want to flip and what not. Shields were a nice suprise so I'll try to do them more in the future.
Date: 4.1.2014
95 - Malevolent cuirass - 2.266.300 - 7,26%
Trying malevolent armour today. I've made a nice chunk of money on it when it was first released. The margins are still awesome on them and this was suprisingly a very fast flip. I think I've fallen in love. I won't upload more of them though as tectonic got really ruined after my yday upload of margins. Not sure if it's just a coincedence or someone is looking at my thread.- Buy and Sell Picture:
96 - Malevolent greaves - 1.932.300 - 8,98%
I have to say legs are even better to flip than top itself. Margin is huge and flip is really fast compared to other low limit items. Had some problems fining the actual margin on these so I just instant bought 1 leg and non instant sold it for a few gp less. Tried 2m margin and it actually bought- Buy and Sell Picture:
97 - Merciless kitehsield - 2.293.202 - 2,36%
Had to complete the shields. Merciless was definitely my favourite to flip. With it I've made my best flip ever (~67m) and overall I've made almost 200m plainly from it few hours/days after release. Sadly it lost me ~400m after the crash but I don't blame the shield but myself as I was too greedy to sell it for 10m loss at first. This was extremly fast flip. Might have gone with bigger margin but I haven't been on shield market for a while so I'm perfectly satisfied.- Buy and Sell Picture:
98- Malevolent cuirass - 1.500.698 - 4,77%
Had to cut my margin a little on this one as it just didn't want to sell. I had to get rid of it as I needed cash and I was happy to even sell it so high. Really a great item. Although at the moment it seems like it's going down a little as my sell offers complete rather slow.- Buy and Sell Picture:
99- Zamorakian spear - 878.949 - 4,46%
Eww... I was looking for an investment and I've stumbled across these...again. I've bought like 50 of them a week ago for ~2.1m. They peaked at 2.4m but before I was able to sell any they crashed. Decided to check them again today and I've found they were ~2.3m. The margin was huge so I decided to flip them. The bought slowly but they almost instantly sold. Price checked them again after the flip and they were 2.5m-2.6m in ge. Gf potential profit.- Buy and Sell Picture:
100 - Dragon limbs - 3.870.992 - 1,98%
One of the worst flips I've had. When I've tested the margin 2 days ago they had 700k margin. Decided to put buy offer in overnight and in the morning 9 bought. Was quite suprised as thing usualy don't got so smoothly with me. So I've putted sell offer in and 7 of them sold rather quickly. Last 2 took the whole eternity. Eventually I had to sell them too for a loss of 600k.- Buy and Sell Picture:
The days review - Awesome day. Again I've tried a variety of new items and they worked perfectly. I've also invested 3/4 of my bank into one item. Sadly I've bought it right before the crash. Haven't lost money though as it has rebounded after the crash and at the moment I'm even if I sell. I'll still wait with it though as it may rise even further.
Date: 5.1.2014
101 - Tectonic robe top - 3.556.492 - 6,2%
This was awesome flip. It took longer than usual but it was well worth it. Tectonic crashed so the margins were huge. I still have some left to sell and I hope they do sell. The price of tectonic is also really low atm. Since it's the best mage gear out there and since mage really owns in rs it may even rise. Although it may be a problem as armour degrades really slowly. Don't know how I'll go about this.- Buy and Sell Picture:
The days review - Was away all day so the only flip I manged to take picture was this tectonic top. I had a few offers running through the day but they haven't completed yet. So slow...
Last edited by Julij2 on 11/1/2014, 12:42 am; edited 7 times in total
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Starting Total Merchantable Bank: ~1040m
Ending Total Merchantable Bank: ~800m (gotta love losing 100m+ without knowing where...)
Starting Total Merchantable Bank: ~800m
Ending Total Merchantable Bank: ~1180m (thank you #smgamer )
Ending Total Merchantable Bank: ~800m (gotta love losing 100m+ without knowing where...)
- Week 4:
- Weekly summary - Bad week behind me. Although I made some awesome flips I've also managed to lose a substantial amount of money. I think my profits and loses evened out this week. I was too impatient at some times and I have to change this. I've made some nice profit with tectonic and virtus stuff but that's just about it. I've also lost 150m somewhere and I don't know where lol.
Week of: 6.1.2014-12.1.2014
Date: 6.1.2014
102 - Tectonic robe bottom - 5.066.668 - 6,44%
I tried bottoms a few days ago with top but they didn't well. I had no idea of their price so I had to price check them. That ended in failure as right after the price check they went down for a mil. I putted this ''lowball'' overnight offer in hoping to get a few of day. I managed to get all 4 of them and they sold extremely quickly after putting my sell offer in. Really good flip.- Buy and Sell Picture:
103 - Malevolent greaves - 2.655.254 - 6,34%
Compared to tectonic these really do suck. Margins are not great and they're extremly slow. I have 2 more in ge but they just don't want to sell. I was really expecting more of them as most people tend to stay away from malevolent as it's not as popular as tectonic.- Buy and Sell Picture:
The days review - I had a birthday celebration yesterday so I wasn't able to get a lot of overnight offers in. I just sticked to tectonic and malevolent as I had a general idea of their prices. I was also extremly busy today and it will be like this for a whole week. I will try to get more flips into but don't blame me if I don't. I also wanted to try 90 shields but they've rose a lot during past few days and inactive flipping doesn't seem like a good idea at the moment. I've already lost a bunch of cash doing it and this time I don't want to get burned.
Date: 7.1.2014
104 - Black mask - 26.389.605 - 16,72%
This was the long term investment which I based on January BTS. From the past I knew that black mask have a tendency to create a huge margins at certain times. That gave me a fair advantage as I was able to sell quite a lot of stock for 500k above buying price. Sadly this time they were way slower than in past so that really cutted into my profit as I had to sell last 1/3 of stock for way under price. Still a good investment that took a week.- Buy and Sell Picture:
105 - Tectonic robe bottom - 2.668.572 - 6,82%
I thank last good tectonic bottom flip. At the moment I have no idea where their price is so I'll stay away from them a while. They're just up and down and there's really no way to find a general movement. I also don't want to price check them as it's a waste of limit.- Buy and Sell Picture:
106 - Tectonic mask - 2.400.000 - 12,41%
Of all tectonic flips this was my favourite. They sold in less the minute I did a mistake that I didn't put higher sell offer in. I think I could have made atleast a mil or two out of them. I don't complain though as 2.4m on 20m flip is a lot.- Buy and Sell Picture:
107 - Sirenic hauberk - 1.555.292 - 3,59%
Gosh I really do hate sirenic. Out of all 3 level 90 armours this is my least favourite. I still had to try it as I've been doing really good with tectonic and malevolent. I didn't end up well. This flip took way too long and the profit was really average if not bad. If you notice I sold 1st for 1m higher as price went down right after my 1st sell. So I've just cutted in 1m as I just wanted to get rid of it.- Buy and Sell Picture:
108 - Sirenic chaps - 1.000.000 - 7,31%
As with hauberk chaps suck too. I was only able to buy even though I had buy offer in for more than 4 hours. Really not worth the time and ge spots. Although it can be a really good flip for low/med wealthy people.- Buy and Sell Picture:
109 - Titan con. scroll - 62.109 - 201%
This was a fun flip. I bought like 50k titan scrolls in past days as margins were huge on them. At certain margins on these are massive. Sadly they're extremely slow to sell so I've just decided to dump them. I've made 7m profit from them and 4/5 of my stock was sold under price. I just insta sold a large portion of it and that took away all the buy offers from ge enabling me to buy some scrolls for 1gp.- Buy and Sell Picture:
The days review - I was away most of the day but I was still able to pull some decent flips. I finally finished my black mask investment. It took way too longer as I've expected. That means 1 more ge slot is free so that may get me some more flips. Sadly I'm still really busy irl so we'll see how it goes. I may focus a little more on active flipping in next days if I get time.
Date: 8.1.2014
110 - Tetsu body - 1.499.976 - 13,04%
I had no idea what the margin was as the last update on tetsu body was 7b like 2 days ago. With the release of pop update I've decided I'll try to lowball some of the bodies as people were panic selling due to the release of new trader that can exchange you your resources for trade goods. I tried buying at 5.5b (which was failure) and they instantly bought. So I've decided I'll sell them for 6.5m back. They sold extremely quickly.- Buy and Sell Picture:
111 - Tetsu platelegs - 1.785.340 - 29,25%
As with tetsu body I had to try platelegs too. The offer on these was better as I was able to get the for much lower price. They bought and sold extremly quickly which is unusal for this armour. This also shows you how you can make some extreme money even if you're not wealthy.- Buy and Sell Picture:
112 - Tetsu platelegs - 2.222.222 - 40%
This was flip on my alt account. This time I strecthed margins a little more. I could have gone further but buying tetsu platelegs for 2m was a little too much in my opinion. I really don't understand why would anyone struggle to acquire trade good to make tradeable tetsu and sell it for so low profit. Well atleast this is another good merchanting opportunity as people rarely merch tetsu so you can make some nice money with it.- Buy and Sell Picture:
113 - Tetsu body - 4.000.000 - 41,86%
Beast flip. I wasn't really expecting for body to buy so low and sell high. But since most people rushed on drygores,ascensions,wands and books I stayed with pop armour and I've made a lot of money with flipping it. Not to mention these flips were extremely quick.- Buy and Sell Picture:
114 - Seasinger's robe top - 1.752.487 - 55,6%
This was an overnight buy I've done on my alt account. I was aiming at much smaller margin but this piece of beauty sold instnatly when I putted sell offer in. Sadly I wasn't able to buy more as my buy offer was extremly low.- Buy and Sell Picture:
115 - Tectonic robe bottom - 4.586.584 - 15,13%
Since there was a huge panic with anything mage related I've decided I'll try to lowball some tectonic. I haven't had money for tops and I had no general idea where they were so I've decided to go with bottom. It bought overnight for extremely low price. When I putted sell offer in they sold in a few minutes which means I could have gone for more profit. But after all 4.5m is still an awesome money.- Buy and Sell Picture:
116 - Virtus wand - 12.556.895 - 1,7%
I dedicate this flip to Gummy and Billious so they can finally give me more points in ''wealth used'' category
Anyway virtus wands weren't doing so great for me yesterday. When I logged on IRC I got pmed by pckofwolves to buy some virtus wands as they were really cheap due to them being degradable with the newest update. When I saw the price I immediately bought 1 limit instantly as there was no way that they'll stay 35m below price just beacuse they're degradable. This wasn't thought through as I haven't noticed nex was changed too. I've lost a huge amount of potential profits as I was there right when the wands hitted 125m.... I've sold my wands today for ~65m loss as it would be a shame to hold them for longer when there's a lot of profit to be made. I've made a few good flips with them and that really paid back some of the money lost. Hard to say where will they go.- Buy and Sell Picture:
The days review - I did a lot of flipping with items that were in any way affected by the recent pop update as that usually means that their prices will be all across the ge so there's plenty of profit to be made. In this case I've used pop armour and I was really satisfied with the results. I stayed away from items that were panic selling (except that wand mistake) or buying as they're usually not safe in these kind of scenarios. There's plenty of profit to be made but they have to be flipped active as with inactive flipping the risks are too big.
Date: 9.1.2014
117 - Malevolent energy - 1.803.411 - 27,73%
I knew that malevolent armour went up a lot due to nex frenzy but I haven't bothered testing it although I could have made some really nice profit from it (probably). So I just went with this active malevolent energy flip. The margins were huge and buy/sell were extremly fast. Was really suprised I even sold it for so high.- Buy and Sell Picture:
118 - Virtus book - 8.057.395 - 3,8%
I joined nex and ss chat for fun as I usually don't use fc's a lot. So I saw that someone updated book and the margin on it was really high (42-44). So I've decided to put buy offer in for 42 as I didn't think it would crash any further. I bought 3 books quite fast while last 2 took some time. Same was with selling them. Really good profit and flip took under 30 minutes.- Buy and Sell Picture:
119 - Virtus wand - 32.624.331 - 9,25%
So I was minding my own business in nex and ss when I noticed that virtus wands were on the verge of crashing as reported prices keep getting lower and lower. So this time to be safe I've decided to put extremely low buy offer in. They really crashed in next 10 minutes and I was able to buy 1 wand for 115m which was apart from 114m lowest reported price. I quickly had to transfer some of my money to my alt as I was on limit for wands on my main. I instantly bought 2 wands for 118.5m and right after I've putted sell offer in for 128.4m. They rised back to 134m in less than 10 minutes lol. Sadly I've missed on a good chunk of profit but it was a still great flip for less than 15 minutes of work.- Buy and Sell Picture:
The days review - I'm really tight on cash lately so I haven't done much flipping today. I was mostly just in nex and ss fc waiting for my chance to get a few pieces of virtus wands or books if they go low enough. It really paid out as I've med 10m+ in a matter of minutes. Hopefully this panic doesn't stabilize anytime soon.
Date: 9.1.2014
120 - Royal dragonhide set - 4.531.992 - 81,47%
This wasn't actually my idea. I think I've picked it up somewhere in merchz logs. Anyway when I wanted to test margins I wasn't able to get 1 piece for 50k. So I've just added 15% to mid price. Sets started buying soon and I was able to get a decent number. After that I've putted sell offer in close to 50k. They were selling extremely fast. Sadly they stopped pretty soon though so I've just dumped the rest I had.- Buy and Sell Picture:
121 - Torva platelegs - 1.306.000 - 1,43%
I've just joined nex and ss chat when someone updated torva legs to 46.2b. I had to active flip them as it would be a waste not to if you know the exact high price. Flip was completed really fast and for an active flip it made me really good money.- Buy and Sell Picture:
122 - Virtus wand - 12.221.544 - 5,26%
This was an overnight buy. I wasn't expecting these to even buy but they luckily did. They were all over the place yesterday and the lowest price was ~114m. I though 116m would do as I doubted that the same crash would happen from 134m back to 114m or even lower. I guess I was right. Sold them in the morning almost instantly.- Buy and Sell Picture:
The days review - I'm not really motivated lately to flip much so again this is the day with few updates. I was mostly just in nex and ss waiting if something comes by. I could have gone on zaryte bow as I was there just at the time it has risen but again I just don't feel motivated. I've made some investments and I'll see how they go but for now I'll just flip less.
Date: 10.1.2014
123 - Virtus wand - 18.122.111 - 3,64%
This was an overnight buy. When I went to sleep wands were in 126-27 area so I figured 4m would be a good lowball. I was a good price as that was the lowest wands hit during night. Waited a little during the day to rise and they did. Three were instantly sold. Sadly wands went up even more right after I sold them as they hitted 140m. I'm not really sure they can keep that price so I'll stay away as it is.- Buy and Sell Picture:
The days review - Really had no time to flip today. Apart from that overnight wand buy I haven't bothered with anything else.
Date: 11.1.2014
124 - Off-hand ascension crossbow - 9.377.333 - 3,12%
I wanted to flip a few drygore pieces so I've joined 90weaps pc. Someone reported that ascensions were below 300m. I immediately saw something was not right as they've crashed over 20m since last time so I instant bought these beauties and sold them for awesome profit like 10 minutes later. The timing was perfect- Buy and Sell Picture:
125 - Ascension crossbow - 5.666.666 - 1,87%
At first I instant bought this for 299m but I had my doubts so I sold it for little gp under. When I saw it started rising I immediately bought another instantly. The profit was not as good as from the off-hand version but since it was made in literally minutes I'm quite happy with it.- Buy and Sell Picture:
The days review - Apart from ascensions everything was not going on so well today. I did a huge mistake with singularity that costed me 25m. I instant bought 1 for 484m in the morning as I though this was an awesome price and that it will rise during the day. Well I stayed in fc and there was so much manipulation going on. Even when I reported my buy that was 100% legit I got conflicted lol. I had doubt so I sold sing for 7m loss. Later on they indeed rised to 500m+. Of course I paniced again and I instant bought 1 for 520m. They went up to 534m that day but I wasn't able to sell mine. I got really annoyed for mine not selling so I instantly sold it for 18m loss. Bad day indeed. I've made too many rush decisions. I just wasn't thinking clearly.
Date: 12.1.2014
126 - Tectonic robe bottom - 3.333.334 - 12,19%
I've had few tectonic pieces bought as an investment but it didn't turned out well as I kinda bought too high. Anyway I sold off my investment for no loss and seeing as I knew the prices I decided to go ahead and make some flips. These were extremely fast. I have a feeling someone is buying big into tectonic as I've sold over 20 pieces in less than hour.- Buy and Sell Picture:
127 - Seismic singularity -10.777.778 - 2,21%
I had to try it again after that fiasco yesterday. This time it went really well as both buy and sell were pretty quick. I haven't bothered checking fc anyway so I've just putted 1 offer in that had a chance of buying. I knew they'll go down after saturday night so I've figured price should be under 500m. It bought quite fast. Again I was sceptic with sell but it got sold a few hours later. Hooray!!! First seismic flip- Buy and Sell Picture:
128 - Tectonic robe top - 1.666.590 - 8,24%
Again trying tectonic pieces. Top was actually quite hard to buy so I've only managed to get one. I've tried on 2nd account too buy same I only got one piece. Anyway the margins are huge at the moment and due to it's relatively high speed as of this moment there's a lot of profit to be made.- Buy and Sell Picture:
The days review - I've focused mostly on getting that sing flip today. I was quite annoyed from that stuff yesterday that costed me 25m so I had no motivation to flip. Like 300m was freely sitting in my bank gathering dust. I've also got rl responsibilites and I've been focusing mostly on maxing out on rs so merchanting is left aside lately. I really hope this changes.
Starting Total Merchantable Bank: ~800m
Ending Total Merchantable Bank: ~1180m (thank you #smgamer )
- Week 5:
Weekly summary - First few days were really amazing. I've made fortune especially the 1st day when I've made over 50m with only 800m bank. That's 6,25% rise on my bank in just a day!!!! Well the 2nd part of the week didn't went through to well. I had some other responsibilites so I haven't managed to focus on rs too much. I've also invested a lot in long term investment of which I expect I am able to proft atleast 40m. So that cutted majorly into my cash stack disabling me to get more flips atleast high wealth ones. I'm still figuring out on what should I do. Maybe I should just focus on high wealth flipping getting less flip in but with more profit or should I just go with quantity of flips. In the past I've always went for quantity and at certain times that enabled me to rake some incredible profits. But right now I think I should focus more on quality of my flips.
Week of: 13.1.2014-19.1.2014
Date: 13.1.2014
129 - Tectonic robe bottom - 4.132.600 - 14,95%
I just love tectonic margins atm. These beauties took ~1 hour to buy and sell so it's a quick and awesome profit. All the margins are set by me as I don't use 90 gear pc thread. If you play with these enough you'll get a good feeling about their fluctation.- Buy and Sell Picture:
130 - Seismic singularity - 13.333.334 - 2,86%
Woot! 2nd singularity flip and no losses this time. I figured that people will be dumping their singularites after weekend more than usualy as there's been a lot of talk about range buff not to mention recent crashes in mage weapons. So I've setted a good lowball offer that got filled before I went to bed lol. I was hoping to sell a little higher but my 1st selling offer was too high to complete. Sold this beauty instantly later on as it was holding a majority of my cash pile wasting my potential profit.- Buy and Sell Picture:
131 - Tectonic robe bottom - 3.844.444 - 13,99%
This was done on alt account and again it was an extremely fast flip that took like 30 minutes I believe. Sadly margins on these are settling atm but there's still some good profit to be made.- Buy and Sell Picture:
132 - Merciless kiteshield - 19.889.334 - 8,52%
I instant bought all of the 3 kiteshields. After seeing reports at 75b I figured the price is too low so I had to buy a few. It went really well as they went up over 10m during the night. Instant buying cutted into my profits but atleast I was able to get all the limits during that time span.- Buy and Sell Picture:
133 - Merciless kiteshield - 9.099.388 - 5,69%
This was done during the day. I've setted my buy offer at 80b as shields have gone up a lot. Only managed to get 2 as they're still going up a little. Sold them pretty quickly for a good 9m flip.- Buy and Sell Picture:
The days review - Amazing day. Making 50m on just one day with 800m is plainly amazing. Although I did made a little singularity mistake earlier that costed me ~7m as I've bought to high and I just wanted to get rid of it later on when it didn't sell due to so much talk about range buff and manipulation going on.... Anyway this just shows how undermined some of the items can be for flipping such as merciless kiteshields. The margins were even better than on items that are 3-4x more expensive than them.
Date: 14.1.2013
134 - Merciless kiteshield - 3.888.889 - 4,83%
Another good merciless kite flip. I left higher sell offer overnight but it didn't sell so I had to lower it down to <85 as it gets easily sold in that area. Shame but still a good profit. Although margins on these are getting lower atm and they'll soon be at like 2m imo.- Buy and Sell Picture:
135 - Sirenic hauberk - 2.577.778 - 5,47%
Tried sirenic again. This flip didn't took long so it was a good profit. I haven't bothered stretching my margins as sirenic has awful margins. I don't think I'll try it again in near future as it just bores me lol.- Buy and Sell Picture:
136 - Tectonic robe top - 2.788.646 - 6,95%
Pretty much standard flip on my alt account. Kinda screwed last night as I instantly sold one top so I had an exact buy price. If it weren't for that mistake profit on these would be a lot lower. Not to mention atm they're going down and selling this over 21m was quite lucky.- Buy and Sell Picture:
The days review - Bought ascension set yesterday for 303m each and I'm going to keep it atleast for some time. So that means there will be more low wealth flips. Sadly I've already lost like 10m on each bow so far but I haven't bought them to make profit anyway. Did some flipping on my alt account with 90 gear which resulted in some nice profits due to me being away most of the day anyway.
Date: 15.1.2014
137 - Drygore rapier - 1.333.333 - 1,46%
I bought this right before I went to bed. I tried selling it fast for 700k margin but the offer just didn't want to complete so I left it overnight. Drygores were pretty stable at that time so I took the risk as in worst case scenario I'd lose like 1-2m which isn't something I would worry about. It sold overnight for good 1.3m profit which after all isn't that bad.- Buy and Sell Picture:
138 - Ascension crossbow - 1.921.932 - 0,68%
Having some fun with mha as margins are pretty good atm. It takes less than 30 minutes to buy and sell these beauties for a good 2m profit per 1 item which is amazing. If you're more active you can go even further for 4-5m active buy following the price and you'll see that atm they have ~5m range in a span of an hour or two.- Buy and Sell Picture:
139 - Ascension crossbow - 2.499.999 - 0,83%
Again a good, fast flip with mha. Too bad I'm little limited on cash so I have to flip these beautes individually but it's still worth it. I decided to go with a little bigger margin as they've just risen so the margins should be a little bigger. Well it succeeded and I gained another 2.5m cash in a matter of minutes- Buy and Sell Picture:
The days review - I wasn't really active today so I did a few fast flips that granted me some nice profit. I'm mostly focusing on ascension crossbows as they're all over the market right now so they provide good and fast profit.
Date: 16.1.2014
140 - Tectonic robe bottom - 4.000.000 - 18,75%
This was a late night flip so as you can see margins were pretty incredible. Tectonic went down a lot due to all that range buff panic so I used that to my advantage and did some nice flips with it like this one.- Buy and Sell Picture:
141 - Sirenic hauberk - 3.000.000 - 12,8%
Same as with tectonic, sirenic was all over the place due to range buff panic. Just in this case sirenic was rising while tectonic was falling. Still not really keen about sirenic as it buys extremely slow if it buys at all. But this was a good flip, one of the few that I made with sirenic.- Buy and Sell Picture:
The days review - Again not finding many time nor motivation to flip. I did two flips today which is extremely bad but atleast they made me a good amount of money. I tried other stuff too but it just didn't buy.
Date: 17.1.2014
142 - Off-hand drygore mace - 722.222 - 1,9%
I was never a fan of ohm as I was never able to get some decent profit on it. This case was different though. I noticed someone reporting 38.8m nis on ohm which immediately got me intrigued. Most of the time with b/s format it's hard to figure the exact margin as 39b in this case would mean that high price can be anywhere between 38m and 1gp and 39m. Since nobody conflicted that update I knew I can get some fast and good profit of it. I was right- Buy and Sell Picture:
143 - Drygore mace - 1.044.444 - 1,17%
I was bored so I've decided I'll do more drygore flips. This was a great flip. Although some may argue that drygores have 2-3m margins they're wrong. They had those margins but now they're way worse as you're lucky to get 1m margin for active flipping. If you follow the prices you can get up to 2m margins but that takes too much effort for so low profit imo.- Buy and Sell Picture:
144 - Off-hand ascension crossbow - 4.594.446 - 1,46%
This was right at the time that Mod Dean posted range buff annoucement. I was cursing myself why haven't I held that ascension set that I bought the other day for 606m as I would have made tons of profit. But I guess you can't get lucky every time. This was inb and ins in a matter of minutes. I was dumb enough to not check what could have cause such a spike and I just presumed it was another panic buy for w/e reasons. Should have though this more clearly.- Buy and Sell Picture:
145 - Ascension crossbow - 2.288.889 - 0,73%
Pretty much the same as oha. Inb and then ins in all this panic. WHY!!!?????- Buy and Sell Picture:
146 - Off-hand drygore rapier - 737.376 - 1,29%
Well this flip sucked. It took me whole day to sell this piece of crap. I realized I made a big mistake when I bought it as it bought in literally seconds. The price reported was 57s and I didn't want to put my buy price below 57m as dry margins suck lately and it probably wouldn't buy. Later on I saw these have 500k margins.....- Buy and Sell Picture:
147 - Malevolent kiteshield - 1.805.559 - 2,45%
I'm not sure if this was prior that shield buff announcement or not. I think it was before as margin was low. Anyway these shields have incredible margins and can easily be compared to drygores in their best times. Well they're little slower but they still make great and fast money. Although sometimes it may be hard to get pc as the only way to figure it out is by their forum thread which sometimes is not updated.- Buy and Sell Picture:
148 - Merciless kiteshield - 3.944.448 - 5,49%
This one was definitely after shield buff post. I inb this beauty and sold it for amazing profit few minutes later. Although it's kinda wierd that they haven't risen even more. I guess people lost all hope in shields with EoC and atm they're more focused on range buff.- Buy and Sell Picture:
The days review - This was a good day. I've made some decent profit with very little effort. I'm still doing 90 weapons and 90 shields as they provide stable income with very little risk. I'm thinking of making a second account and just flip this stuff on both but we'll see how it goes.
Date: 18.1.2014
149 - Off-hand ascension crossbow - 1.693.932 - 0,53%
At this point prices of ascensions crossbows pretty much settled after reaching 345m in yesterday's panic. They were still jumping between 310m and 320m which would open doors to some good profit but I haven't really bothered as I was pretty inactive. I've joined fc, asked for pc, putted buy offer in and sold it in like 30 minutes which is good for 1.6m profit.- Buy and Sell Picture:
150 - Off-hand ascension crossbow - 1.111.111 - 0,35%
Repeated the same process to fill the oha limit. Margin was terrible this time as I really had to go and I didn't want to leave my offer in for longer period of time.- Buy and Sell Picture:
151 - Malevolent kiteshield - 3.998.414 - 5,59%
This was the overnight sale. I bought one yesterday instantly and left it in overnight. I knew that due to shield buff thing margins will expand during the night enabling me to sell my shield for some good money. They did and I ended up with 4m extra cash in my pocket. They reached 77b at one point but I was just happy to get rid of it.- Buy and Sell Picture:
The days review - Didn't have much time to be online today so my flips just sucked. Apart from malevolent kite others were complete disaster. Ascensions should have been way better but as far as I'm concerned they gave me 2.7m profit for little work.
Date: 19.1.2014
152 - Merciless kiteshield - 2.300.000 - 3,26%
Fast flip with good profit. Again it seems really wierd seeing merciless so low as even shield buff thing didn't help them. The only one of those 3 shields that is going good is vengeful but I have a feeling that it is extremely manipulated. Well it doesn't bother me anyway as long as I'm able to get so good flips out of them.- Buy and Sell Picture:
The days review - I was out of cash today so I haven't really flipped. I'm also really focused on getting my max cape so atm flipping is quite a burden due to jumping from slayer tower (divination) to ge and then back again lol.
Last edited by Julij2 on 22/1/2014, 8:21 pm; edited 5 times in total
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Wow you have some nice flip.s here Julij2. Nice 2m profit off the dragon 2handers, keep up the good work and ill be back to see more of ur work.
pckofwolfs- Tier 2 (100 posts)
Re: Julij2's Merchanting Diary
Thanks Pckofwolfs! I'm glad you like it. I'll try to update this daily. Added some more flips.
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Lovin it ^_^
+rep for suggesting keystones. They do jump around a lot, so they are interesting for sure.
+rep for suggesting keystones. They do jump around a lot, so they are interesting for sure.
Fatal- Forum Addict (750 posts)
Re: Julij2's Merchanting Diary
Thanks Dragoniod1!
Updated with more flips.
Updated with more flips.
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Wow nice flip on those torva items. I wish i got the profit off those kinda of items
pckofwolfs- Tier 2 (100 posts)
Re: Julij2's Merchanting Diary
Thanks! You have to try gloves and boots. They work the best as they're not so commonly merched. Buy like 1m-2m below high price and sell 200k-500k above high price. They may take a while but the profit is well worth it.
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
I'll never understand how you always get 1.5m or on your torva glove flips xD I get like 500k
Fatal- Forum Addict (750 posts)
Re: Julij2's Merchanting Diary
I've just explained one post above yours
But the most important thing is probably patience.
But the most important thing is probably patience.
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Damn I need to learn to read.... And yea I did boots/gloves yesterday and made a tidy sum, still with my smaller margins. Going to try yours
Fatal- Forum Addict (750 posts)
Re: Julij2's Merchanting Diary
Sure
At first try selling below high price. Buying below low price is usually easier then selling above high price.
At first try selling below high price. Buying below low price is usually easier then selling above high price.
Julij2- Grandmaster (2000 posts)
Re: Julij2's Merchanting Diary
Ok. I was about to ask what to do if you get the low price not the high price haha. Thanks man.
Fatal- Forum Addict (750 posts)
Re: Julij2's Merchanting Diary
nice flips and merch! especially those rares
j3thr0- Tier 1 (Registered)
Re: Julij2's Merchanting Diary
nice log, always nice to see what you pro-merchants are up to will be keeping an eye on your log :p
PS: gratz on being accapted as a rank
PS: gratz on being accapted as a rank
piramatrix- Forum Master (1500 posts)
Re: Julij2's Merchanting Diary
- Week 6:
- Starting Total Merchantable Bank: 1119m/1gp*
Ending Total Merchantable Bank: 1230,5m/458.942gp*
Weekly summary - Awesome week behind me. I've made over 110m in it which means over near 10% rise on my bank. I started choosing my items more carefully with less risk involved. In the past I was making up to 20% or 30% at certain times on my wealth in one week but at the end that costed me half of my bank. Risky items may work short term but in long term they're going to destroy you. Anyway I'm aware of where every coin in my bank goes so hopefully this will solve my bank management problem. Investments seem to work best for me and if I find 6 investments that will tie my whole bank in (the way I did this week) and at the end all of them yield atleast 5%+ that means 5% rise on bank with very little effort. Flipping on alt is going really well as I've made almost 500k from 1gp in a week which imho is really awesome and with 500k I'm ready to make more serious profit now.
NOTE: I've decided to start with another account from 1gp. All the flips done on alt will be marked with *. As I'm mainly focusing on investments on my main there will be more updates coming from alt.
Week of: 20.1.-26.1.2014
Date: 20.1.2014
The days review - No time for flipping today. Just logged in to check how my buy offers for investments are going.
Date: 21.1.2014
The days review - Again no flipping today. Started with my alt account on 1gp. I tried to get a few flips in but it didn't went through.
Date: 22.1.2014
153 - Yew composite bow* - 665 - 66500%
I've just remembered that yew comp bows are great to start with 1gp as you can easily snipe them. They have practically no demand and people usually just instant sell them as they're close to worthless. Well not to me- Buy and Sell Picture:
154 - Static gloves - 21.395.279 - 4,39%
This investment took 5 days to complete which really sucks. I kinda knew I was getting into really slow investment as these gloves take ages to buy and sell. I could have profited more but I missed the low by one day and I was quickly out of cash to buy more. It's still 20m profit which isn't that bad for no work but it could have been a lot better. I'm getting into investing as flipping really bores me at this point.- Buy and Sell Picture:
155 - Unicorn horn - 5.973.743 - 10,44%
It took 3 days for this investment to complete. Sadly in the process I lost a sell picture of 7.7k horns at ~2890gp which meant I had to average the prices making profit on log little lower although in reality it was like 2.3m more. These weren pretty good though as they're buying and selling extremely slow. I haven't bought a lot of these even though their limit os 10k/4h but they took more than 2 days to sell which is way too long. The only thing good here was that the rise was pretty big (~330gp) which is more than 10%.- Buy and Sell Picture:
156 - Yew composite bow* - 1.932 - 5854,55%
I went for a little higher buy price in this case as I wanted to make sure they buy. It's quite silly how you cash stack rapidly grows at such low wealth. It's also funny how these bows sell and buy extremely quickly and they're more active than inactive. Although in these case there are 3, they sold almost instantly after I putted sell offer in.- Buy and Sell Picture:
157 - Bucket* - 1.641 - 32,5%
When I was testing margins I found out that the high price was 51gp and low price was 70gp. So I instantly bought as many as I could and sold them instantly next moment. I did this with whole limit and I doubled my bank in seconds lol.- Buy and Sell Picture:
The days review - Today I was able to sell two of my many investments and I'm really happy that I did. Static gloves investment used a majority of my cash stack and I wasn't really happy about it. Well now my cash is free and it's time to find more investments. I've got 6 of them still going on but at the moment it seems all of them are stagnating. Guess that happens when I buy in lol.
Date: 23.1.2014
158 - Pie dish* - 2.330 - 89,27%
I finally got a little more cash on my alt due to yew comp bow flip so I had to try something different. Pie dishes was the first thing that crawled into my mind even though I never flipped them before. I wanted to test margins and I wasn't able to buy 1 pie dish for 1.2k. So obviously this was a good choice. I just went a little above mid since nobody really flips them just so they buy little faster. Sold really quickly for under 1k. Could have gone higher but the limit was still big and I wanted to get quick flips in.- Buy and Sell Picture:
159 - Yew composite bow* - 735 - 6681,8%
These don't really require a lot of money so I just have an extra ge spot open just for bows. There are really no buyers for these as mostly people just insta buy them due to their relativetly small price so selling these at mid price is really easy.- Buy and Sell Picture:
160 - Pie dish* - 4.670 - 89,64%
I used the same margins as before. The limit on these is 100 so getting the most of that limit is more important than the percentage itself. Since they buy relatively fast and sell fast the goal is to use the full limit instead of getting most profit out of it.- Buy and Sell Picture:
161 - Pie dish* - 10.605 - 104,12%
Using all the wealth of the account to flip these. I have yew comp offer in but that cash is relatively small at this point. I was thinking of trying different items but the profit is just too good and the goal is to get to atleast 500k asap so I can use full potential of my 6 ge slots. Atleast to some extent.- Buy and Sell Picture:
162 - Pie dish* - 21.844 - 105,83%
It's really funny how I double my bank with every pie dish flip. Only possible at low wealth flipping. Although profit doesn't seem big but if you're starting from nothing this really adds up while the time passes. Almost have enough money to flip a full limit of dishes so I'll be slowly searching for new solutions.- Buy and Sell Picture:
The days review - I had troubles with my main today as someone was trying to hack into it so JAG locked the account. It really saved me. Later on I was able to sort it out. As I've already mentioned before I'm currently only investing on my main as high wealth flipping really bores me. Investments aren't going as planned though. All of them indeed went up in price but not in the extent I was hoping for. I was mostly just flipping on my alt account and I have to say I haven't had so much fun in merchanting for ages. Low wealth flipping is where my heart truely lies.
Date: 24.1.2014
163 - Spectral spirit shield - 2.442.543 - 57,82%
This was a lucky flip. I went to kk so I needed shield and spectral was the cheapest option acceptable. So I tried to buy it for 7m but it didn't buy. I saw how things stand so I quickly putted buy offer in for quite a lot above ge mid price and it bought rather quickly. I quickly putted sell offer in for 2.4m above buy price and it sold in next 10 minutes. Lucky low volume sell.- Buy and Sell Picture:
164 - Adamantite ore - 7.092.325 - 4,27%
One of my investments. Not really as good as I was hoping but in all honesty it didn't had a lot of potential anyway so it was a last resort. It wasn't completely bad as it took ~3 days to buy and sell so it was rather quickly. But I still wanted more but due to high limit on these selling was quite a pain so I had to cut on some profit a few times.- Buy and Sell Picture:
165 - Pie dish* - 39.967 - 90,46%
More pie dishes. At this point I am now able to flip a full limit at once so that will give me some good advantage as I'll be able to make a few lowball side offers for other items hoping they fill. Till that I'll continue with dishes as they provide steady and good income.- Buy and Sell Picture:
The days review - I wasn't really focusing today. I'm still buying my investments on main although I was able to get rid of addy ores today and I was really happy about it as they haven't reached my expectations. Doing some more pie dishes on my alt so I get that 500k or 1m goal fast.
Date: 25.1.2014
166 - Armadyl godsword - 3.237.976 - 2,15%
I've missed such a wonderful opportunity today with combat beta release. I know I was checking merchz logs in the morning and I saw someone buying ags for 11m and selling for 28m. I only realized in the afternoon what was really going on. So I had to flip these as I knew margins will be great. I was focusing more on speed than profit itself as it was still risky since you don't see many times items rising so high anyway.- Buy and Sell Picture:
167 - Green dragon leather - 14.118.234 - 5,46%
One of my investments. The stock I had on these was semi large so I had to sell it in chunks to not create a wall. I sold 1/3 for way under price which I'm not happy about, the other 1/3 went extremely good and it was sold for really good price while the last 1/3 was similar to the 1st one just a little higher. Wasn't that bad honestly as investment took only 3 days.- Buy and Sell Picture:
168 - Dragon claw - 2.112.060 - 4,46%
Ah yes the claws. So much panic about these beauties. Funny how they went from 200k to 5m in such a short time span. Anways I did this flip in the morning when prices were a little under already. The buy was quite fast while sell was almost instantly as if someone just bought a full limit of these. Thank you for really fast 2m flip.- Buy and Sell Picture:
169 - Off-hand dragon claw - 3.134.636 - 11,16%
These had larger margins but the buy was a little slower. The sell was again pretty much instantly as if someone bought the full limit. I'm not sure what is going on but the person buying this will lose a lot of cash imo. Probably people are desperate as I have a feeling many will get ripped off with these way overpriced claws.- Buy and Sell Picture:
170 - Dragon claw - 1.711.108 - 5,2%
Had to quickly transfer funds to one of my noob accounts so I can get quick flips in. The buy was a little high on these and it could have been better if I went for larger margin but I just wanted a quick flip and that was all. Thank god for that as they were quickly 3.5m after I sold these.- Buy and Sell Picture:
171 - Yew composite bow* - 4.967 - 9030,91%
Another lowball buy on these. I'm going to be moving on as I've gotten enough wealth to try something better. They're extremely good for starters but they quickly consume one ge spot while offering very little in return.- Buy and Sell Picture:
172 - Pie dish* -46.600 - 89,44%
I'm still not sure who's even buying or selling these but as far as I'm concerned it doesn't really matter much as long as I make good profit. Very fast buy while sell was little slower in this case.- Buy and Sell Picture:
173 - Pie dish* - 90.300 - 87,76%
I've been doing these all day as long as I'm able to login just once so I can set the offers. I noticed that they're getting slower and slower. Maybe I do have someone uc as I haven't tested margins since first flip with them. But the limit is so low that offer should still complete at the end of the day.- Buy and Sell Picture:
174 - Pie dish* - 92.230 - 96,58%
This time some of my pie dishes sold instantly for 1k. That means I can further stretch my margins on these and I will as I may be losing a lot of potential profit.- Buy and Sell Picture:
175 - Snakeskin vambraces* - 22.704 - 206400%
I was checking for new items to flip from top 100 daily droppers on ge official site and I've stumbled upon these. I've just decided to really lowball in hope some of them buy and I was really suprised I managed to get 11 of them. They sold really fast for little under ge mid price.- Buy and Sell Picture:
176 - Seismic singularity - 4.894.992 - 1,08%
I've bought this one in the morning. I'm gradually selling all of my investments due to incoming February so I had plenty of spare cash. I knew they were going to rise during the day so it seemed like a good option. The problem is that I should lowball it for like 3-4m more but instead I just used fc report for 452s. I setted sell offer in for 466m which was too high as they've only got to 462b which costed me some of my profits. I guess I still got a lot to learn around these but as far as manage to profit I should be fine.- Buy and Sell Picture:
The days review - It was overall a great day. I managed to sell another investment which freed some of my cash. I did some spec weapons flipping that granted me with some good profits although I did lose some money a few times. Alt is doing great atm thanks to pie dishes. I'll be moving more into high wealth market with my main in incoming days as I want to free my cash.
Date: 26.1.2014
177 - Drygorer rapier - 1.999.984 - 2,02%
I got lucky with this one. I was in 90weaps fc when someone reported 98s on mhr. I've decided to go for a quick 500k flip. I was away when rapier bought and when I got back I checked the forums thread for newest pc. I saw someone reported 101.2b which I didn't know if it was legit. But I still decided to try and sell it under 101m. It sold really quickly for 2m profit.- Buy and Sell Picture:
178 - Magic logs - 2.267.938 - 3,16%
I invested in magic logs a few days ago and they really failed miserably. Today they started crashing and when I pced for prices I saw a huge margin so I've decided to buy more and sell them later on rather than keeping them. The price was really low so I knew I'll be getting profit. I managed to sell them in the afternoon together with the stock I had left from investment. I used separate ge slot so I could log this one as an inactive flip.- Buy and Sell Picture:
179 - Off-hand dragon claw - 2.342.892 - 9,71%
Another fast flip on these. Margins are still crazy due to that spec update so why not to use them. Although I really dislike doing it as there's huge risk involved I just couldn't resist on it. 6 of them bought really quickly which wasn't a good sign so I immeadiately canceled buy offer and putted in sell offer. 4 of them sold and since last 2 didn't sell in less than 5 mins I just dumped both of them. Luckily someone setted quite high buy offer so I sold them for profit anyway.- Buy and Sell Picture:
180 - Arcane spirit shield - 6.770.900 - 6,48%
Short term investment. I noticed arcane were little under price so I decided to invest in them. The buy offer was in really high so I was sure I didn't miss on any limit which cutted a little into my profits. But at the end I'm still happy for almost 7m profit in 2 days.- Buy and Sell Picture:
181 - Zaryte bow - 2.988.958 - 1,9%
This was originally meant as an investments but I just couldn't resist the profit in the morning. Bad choice though as they've rise to 84+ later on. I still have to work on my patience.- Buy and Sell Picture:
182 - Decorated fishin urn (nr)* - 8.415 - 6,53%
I was looking for new items to flip on my alt and I remembered that urns are commonly used making them really fast and good profit. The margins weren't so huge but the speed of the flip really makes it out.- Buy and Sell Picture:
183 - Decorated cooking urn (nr)* - 15.147 - 11,76%
In this case I could have gone for bigger margins. Cooking urns are commonly used for daily crafting challenges so many people just inb them all making this an extremely quick flip and at certain times (when new challenges arrive) they tend to go low volume and I'll make sure I use that into my advantage next time.- Buy and Sell Picture:
The days review - Not a bad day at all. I'm not really happy that my magic logs investment didn't go through as planned but atleast I broke even with it. I did a few good 1m+ flips today which resulted in some nice profits but I really didn't have much time anyway or I would definitely do a few more of these.
Starting Total Merchantable Bank: 1230,5m/458.942gp*
Ending Total Merchantable Bank:
Weekly summary - Explain your thoughts on the weeks activities in a paragraph or 2, what you might have done wrong, what you can improve and what you think you got right etc.
Week of: 27.1-2.2.2014
Date: 27.1.2014
184 - Snape grass - 2.839.205 - 9,22%
This was one of my investments. Although the profit was quite good for the wealth invested it was still not worth it as it took too much effort. I got constantly undercutted while selling it and it took 1-2 days to sell it all while I had to change sell offer quite many times. Last part was dumped instantly as I just didn't bother for that 500k more profit.- Buy and Sell Picture:
185 - Decorated mining urn (nr)* - 31.779 - 35,39%
Probably my last urn flip. I've got enough wealth on my alt to move on something better. Although it's pretty quick I still feel that I can find items that will profit me way better. But it will stay as alternative whenever I can't find items.- Buy and Sell Picture:
186 - Guthix cloak* - 376.976 - 124,4%
Ah yes cloaks. I was thinking what items can I flip on my alt when I suddenly remembered of cloaks. In the past they were one of my favourite inactive flips as they were able to yield extreme margins for such a low wealth. Although they're not as good as in the past (pures used them a lot) they're still great for flipping.- Buy and Sell Picture:
187 - Pie dish* - 35.500 - 107,3%
Probably the last flip on these. The margins really got ruined. I'm not sure if someone is trolling me with them or what. But anyway they've played their part and it's time for me to move one.- Buy and Sell Picture:
188 - Armadyl cloak* - 181.813 - 88,47%
I feel like I could go a little further with armadyl cloaks but since I'm low on wealth I'll try to get more flips in rather than flipping these for bigger margin. Still really good margins but sadly I managed to buy only 1.- Buy and Sell Picture:
189 - Guthix cloak* - 181.927 - 112,57%
Although cloaks take some time to buy, they're extremely fast at selling. Although selling them for above mid price is extremely hard. I'll be continuing these until I reach like 5m wealth so I can maybe move on to some gwd armour.- Buy and Sell Picture:
190 - Guthix cloak* - 170.873 - 100,45%
If you're wondering why the wierd prices on these it's beacuse I just use +/- 5% button to buy them as I can't be bothered for setting the price for that 5k more profit. Really fast flip.- Buy and Sell Picture:
191 - Off-hand drygore mace - 799.994 - 1,83%
I was pc'ing in 90weaps fc when I noticed that ohm has good margin. Sadly the buy price I setted was a little to high so that cutted my profit a little. Still a very good 800k active flip.- Buy and Sell Picture:
The days review - I was mostly just flipping on my alt account as my main has its cash tied to investments. Had a really good day with cloak and I've pretty much doubled my alt bank.
Date: 28.1.2014
192 - Ancient cloak* - 64.152 - 320,76%
Wasn't really sure about these due to their low price. But I still managed to buy them at 10k easily and sell them for under mid so it's not that bad of a profit. Although other god cloaks are still way better.- Buy and Sell Picture:
193 - Guthix cloak* - 129.446 - 71,67%
I kinda ruined my margin on this one due to pressing 5% button too much. But as far as I profit atleast 100k+ off them I'm pretty satisfied as that's almost 5% of my bank anyway- Buy and Sell Picture:
194 - Bandos cloak* - 362.084 - 85,07%
Decided to try bandos cloaks today and it was a realy success. They're even faster than arma and guthix one not to mention they're way better profit.- Buy and Sell Picture:
195 - Guthix cloak* - 276.074 - 67,17%
Still my babies. This flip took a little longer as sell was quite slow. Not sure if someone is undercutting but I hope it was just a random occurance. The problem with publicly showing items is that many people like to leech them afterwards, ruining a lot of your profit.- Buy and Sell Picture:
196 - Bandos cloak - 335.742 - 74,97%
Well I would guess that people buy these due to bandos gwd so they can run through bandos stronghold without being attacked. Well atleast that's what I did since I've never used bandos armour anyway. That may be one the reasons for so quick sells as these pretty much sold in front of my eyes.- Buy and Sell Picture:
The days review - Cloak day lol. I've made a lot of money on my alt today so I should be ~3m right now. Sadly tomorrow my membership runs out that means I'll be f2p until I can buy a bond+have enough money to continue flipping. This will be the real challenege and I'm looking forward to it
Date: 29.1.2014
197 - Armadyl battlestaff - 23.806.656 - 4,95%
This was short term investment. I've noticed that arma bstaffs constantly fluctate during 2 lines. At the time I bought them they were right in the middle of the crash so the price I got them was really good. Had to wait 2 days until they've finally risen and it was well worth it. I have to say they're too obvious so I really doubt they're going to do the same for the 3rd time so I'm not going to invest in them anymore. Also I lost a buy picture of 7 for ~16300k so I had to average the prices.- Buy and Sell Picture:
198 - Dragon hatchet - 9.369.327 - 4,35%
These haven't exactly went as good as I've imagined. But since I really forced myself with them they were quite decent. Atleast the selling part was rather quickly and 10m profit for short term investment is still better than no profit. Sadly I haven't held them for a day longer when double xp was released as they've rised for another 100k but it's good enough for me.- Buy and Sell Picture:
The days review - Just sold another 2 investments to free up my cash. They both got me some nice money so it was a good day. Now I've got atleast 500m+ pure cash so it's time to see what February will brought us.
Date: 30.1.2014
199 - Adamant bar - 29.596.066 - 8,02%
This was a pure luck investment. When I logged in and checked the price of them I saw the high was 4500gp!!! I was shocked as there's no way these would rise 600gp without any logical explanation. Then I saw double xp weekend post and I knew what was going on. Sadly one my alt there was already sell offer in for 4094gp, meaning that lost me some nice potential profit. I tried selling on my main for high price but I got constantly undercutted and since I knew I won't be active I just instantly dumped like 3/4 of my stock to make sure it sells. Still really good profit.- Buy and Sell Picture:
The days review - Lucky addy bar investment today. Apart from that I had a pretty busy day today so not a lot of updates came in. I tried flipping some double xp items but I figured I was already too late as prices were heavily inflated.
Julij2- Grandmaster (2000 posts)
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