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Top gold sellers annual/monthly income

Discussion in 'Market Discussion' started by 3max, Apr 7, 2012.

  1. 3max

    3max Whiskerz & Pawz
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    Top gold sellers annual/monthly income

    I was viewing the "2011 Gold Trader Power Rankings" thread http://sythe.org/showthread.php?t=1374351 , and I was very amazed by the numbers that these traders pulled off. I'm not really looking for exact figures from these individuals, but if you could give us a rough estimate on your income from gold trading alone(pure profit), it would be awesome. I'm sure a lot of people would love to be amazed by your accomplishments.
     
  2. 3max

    3max Whiskerz & Pawz
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    Still pretty interested :D
     
  3. Punkerpunk13

    Punkerpunk13 Onto A New Journey..

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    There's no way I personally will let out my personal income history.

    I've chatted with the other traders as well, and their pretty secretive about it. It's a very personal thing.
     
  4. kmjt

    kmjt -.- The nocturnal life chose me -.-
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    ^ Yeah agreed personally not comfortable the public. Its like a stranger asking you for your annual salary rate.
     
  5. TheBigassGamer

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    i mean if u look at viou, buying $1.6 million dollars of gold must be he bought it at .5-.6 and sold for at least .7-.-8, should do the math / taxes then thats minimum what he gets
     
  6. Punkerpunk13

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    Your much off.

    He resold gold on a different margin.
     
  7. Neper

    Neper Active Member
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    0.01 - 0.1 profit per mill?
     
  8. R2Pleasent

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    Top gold sellers annual/monthly income

    Viou had a 15-20% Max profit margin on his gp. Therefore, with purchases of $1.6 Million, you're looking at $240,000-360,000 pre-tax.
     
  9. Punkerpunk13

    Punkerpunk13 Onto A New Journey..

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    Count in wipes, bans, disputes, chargebacks, etc.
     
  10. Imagine

    Imagine Grand Master

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    Top gold sellers annual/monthly income

    Also don't forget, GP crashed a bunch this year, so he probably lost some there too.
     
  11. R2Pleasent

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    Top gold sellers annual/monthly income

    I'd estimate a 15% margin after all those things mentioned by Punker, on Viou's trades.
     
  12. hotcakes10000

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    Not worth investing the time into in order to become a bulk buyer/seller with the game's future unknown. Jagex might start selling gold tomorrow, never know.

    Might be better to focus on a career.
     
  13. kmjt

    kmjt -.- The nocturnal life chose me -.-
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    Not hard to find new games. There are much bigger RWT markets out there.
     
  14. Fendle

    Fendle Grand Master
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    I mean wipes are more common, so its hard for RSGP sellers to stock up big and have peace of mind on their stock.
     
  15. Imagine

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    What other bigger RWT markets are there? :O
     
  16. Arcus Isidar

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    Top gold sellers annual/monthly income

    Much of viou's gold was at ~10% or lower aswell
     
  17. R2Pleasent

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    Top gold sellers annual/monthly income

    Yes, but if you take into account his trades in early 2011, when the profit margins were insane, I'm pretty sure everything averages out to around 15%.
     
  18. xeetr2

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    I'd like to know this as well. RS has a large market because it's more like a sandbox MMO, than a themepark MMO. The economy is player-run. In games like WoW, RIFT, the new Star Wars, and etc... all these themepark MMOs the currency is nearly useless, since you get literally everything through questing to max level, and then raiding from there if you can stand doing that.
     
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