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[Free] The REAL Flipping Guide *Smokin' Mils*

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Hello sythe,

After seeing numerous free guides about flipping that are kind of worthless and kind of false i will be doing a flipping guide here

Ok so lets begin
*Smokin' Mills guides were used as a reference*

What is Flipping?

It is basically buying an item just about low price and then selling it below max price but above med price

What do i need to know?


I've read guides here which say flipping is random? is this a fact?
This is untrue Flipping is.. depending on how much you know is 70-95% accurate. This accuracy Includes:
*Knowing the buying limits of items
*The frequency that their bought and sold at (supply and demand.)

And remember flipping is MOSTLY items that are 5-10% Variation Stability but yet not ITEMS that have a price variency too close EG Fire runes

Finding the right items?
As i explained above the variation is the most important

E.G.
What to Flip now
item.jpg


What not to Flip ( This item is raw shark sorry i covered the picture)
nottobuy.jpg

What to do to get better?

*ALWAYS revise on what you buy, check if the item is safe? how do you do that?
Well you do this ( Buy 1 of that item at low price if it buys then this item is NOT SAFE!)

* If you want to check the price of your competitors buy one of the item at max and see how much coins you get back

Subtract coin you get back from the money you spent on buying the item = the item your competitors have the item at
Sell your item few coins less than that!

* Special word starting with P? PRACTICE PRACTICE PRATICE! i cant hence that more! maybe i should put it in big letters


What not to do?

* Do not put your EGGS! all in 1 basket, it will only make the % of failure rise!

* Do not Flip MERCHED ITEMS they will crash! , You can check this on the ge database
EG.
bad.jpg



What are the risk factors involved?
* Things like the demand and supply of the item may vary time to time but this wont be much of a worry if you have patients
* A Random drop, This is uncommon but can still happen due to unknown reasons

This is much basically it for the risks you take,
Risk of loss in percentage could be around 1-10%, I will be posting a guide soon on hwo to get rid of junk/unwanted items.

How can i find the right item?
What can i do to find the right item you might say?, Best chances to find the best item is BH World! world 18, people in this world have great demands on items needed to fight, This can also tell you when to sell your items and how much. For Example Prayer pots, Find the times where people are buying/selling the pots this can help you alot on what time fo the day to sell your potion, also the graph is another assistance on when to buy and sell the item.
E.G.
BS.jpg





P.S. Patients is a Virtue
 
Pretty good guide, I'm about to start flipping soon, how much money would you recommend me pumping into it for a first attempt? Also, what items should I try at first? Death runes?
Good guide though, helped me, 4/5 because some of the pictures seemed a bit sketchy, there's room for improvement.

Best thing, only to start flipping when you atleast have 10-20mil,

Id say buy 5 different items with 10-20mil, say each profit each time you would make
2-4% profit 400k-800k profit each time ( 20mil start )


Yes right now 1 of the items you should buy is death runes as its nearly hitting the red line once it hits buy 2-4mil worth

i will update on what items to flip soon with pictures
 
Has pictures, unlike most guides. You should list some commonly flipped items as well, and how much risk you take while flipping them.

8.5/9.
 
Nice guide , taught me some more about flipping.
 
very nice guide i will try using it ive been looking into flipping but only got 14milish to invest
 
nice mate
 
You can start with 14M, and still make over 500k an hour to raise your cash-pile.

500k an hour? i doubt that, you have to put in the time also, Buying from the ge might take instantly - couple hours, then once you buy it all you ahve a 4 hour time limit, then selling the item is also the same problem waiting for it to be sold

in my opinion you can probably get in 2-4flips a day using your total amount mof your money,

so lets calculatate 2-4% of 14mil is 280k-560k per flip X that by 2-4flips per day, thats 560k - 1.12mil / 1.12mil - 2.24mil profit per day
 
ok , nice guide. i'l give u that , but , that just the basic =) .
 
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