[DETAILED] Grand Exchange flipping guide [PICTURES]

Alright, I decided to make a quick guide, showing how easy it is to flip and make cash. I felt like actually contributing to the community for once, as I've been lurking around the forums for over a year.

Requirements

Code:

[LIST]
[*]15-20M+ in starting cash
[*]Membership [For best results]
[*]A little patience
[/LIST]

Setting up and finding the item that is right for you


Make your way to the grand exchange, and get use to it. Since the free trade up down flipping has become a lot more camping, and requires a little more attention. Get some of your money, I don't recommend using all of your cash for flips, as you never know if something may go wrong.

Refer to the picture:
I use these 5 slots to complete my flips.
This slot is for conducting "Tests" prior to my flip.

This is a good setup, but it isn't a necessity. The next step is finding your ideal item(s). This truly depends on how much cash you have at your disposal. If you have 15-20m, what I would consider the bare minimum you could do runes, food (Cooked or raw), potions, bolts+arrows, or weapons (DDS, Gmaul, etc).

When you have roughly 150-250 (Possible with less) you can move onto bigger items. Items such as armor (Tassets, BCP, DFS, Armadyl), weapons (BGS, SGS, whips) and many other items.

Breakdown:
15-20m: Runes, pots, arrows+bolts etc.
150-250m: Weapons, armors etc. (Can also combine with smaller flips)

"Testing" and finding your buy/sell price

This part is crucial, you'll be finding out how much you'll be buying and selling your item for. First find an item, make sure you have enough money to buy a reasonable amount. Once you have found the item buy ONE of that item for 5%over the market price. Make note of the EXACT price you paid for the item. This is going to be the price you'll SELL the item at once you have bought the item in bulk.

Now you're going to sell the item back 5% BELOW the the market price. This is how you're going to find the price you're going to BUY the item at, when you purchase it in bulk.


Sell price is on top, buy is on bottom. Use this as a reference if you're confused.

Buying and sell the item in bulk

This is the easy part, just make sure you know your buying and selling prices. Put an offer in the grand exchange with the correct buying price, ALWAYS add a few gp to your buying price to beat your competitors, a few gp can make a difference.


This is me buying the BGSs, as you can see they buy quickly.

Once you get them, you want to sell them at your selling price.


Once again, you can see that they even sell quickly.

Once they are sold you can check your history to see how much profit you have made, in this case I have made 150k. This took about six minutes, 150k is low though, you'll usually be making much more. This was just for sake of an example.


Once again i'm showing the buying and selling price to make it as clear as possible, you can also calculate the profit here.

Grand exchange trade limit and other info

Refer to:

Code:

http://runescape.wikia.com/wiki/Grand_Exchange

Tips!

• Always buy/sell a few gp over/under your buying/selling price
• Don't flip with all your money
• Don't use all your money on one flip, do multiple flips to maximize profit
• Do something else! Homework, watch movies, it doesn't require 100% attention
• Don't use the same flip over and over again, it becomes slower
• ALWAYS do a test, things can change quickly
• Enjoy

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If you need any help you can PM me, post some feedback, let me know how the guide was, let me know if I made mistakes. Thanks!

 

Neat contribution to the sythe community. Will be reading over this a bit. Thanks for posting!

 

Been doing this since FT. Works a charm, good job man.

 

thank you for this guide, got 25k on 2 mins f2p

 

nice guide. thanks for the time/effort you put in to it.

 

great guide!
I am currently buying 40m to try this out now.

 

Covers the basics, but I think you could add more onto finding the right item ect.. Nice guide.

 

Thanks guys, I'll try to edit it a bit.

@ Grasshopper. Good idea, I'll try to improve that area.

 

fucking hero! Great job!

 

would like to see how to find good items

 

A tip for some people - Look for high priced items with a high buyout limit. E.G Black D'Hide Chaps etc...

 

Wow you really simplified it for a dumb ass like me, nice man. :laugh: Definitely giving this a try later on.

 

sounds goood.. may give it a shot.. thanks

 

Very detailed guide with a lot of pictures.

Some are just general knowledge; great guide nevertheless.

 

oi nice guide!

 

Thanks guys, I really need to put some time aside to fix it up.

 

Amazing guide! Really helpful! I've already made quite a few mils
-64

 

Wow thanks for releasing this for free, it should be sold. Now I finally understand the concePt of flipping. I was using w2 trading until I read this.

 

Great guide!
Just need to learn what to flip now xD

 

Vouch again for this guide, made a leisure 1.4m while doing homework in 1hour.