Top gold sellers annual/monthly income

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

Top gold sellers annual/monthly income
  1. Unread #1 - Apr 7, 2012 at 11:36 AM
  2. 3max
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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.
     
  3. Unread #2 - Apr 8, 2012 at 11:54 PM
  4. 3max
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    Still pretty interested :D
     
  5. Unread #3 - Apr 9, 2012 at 12:26 AM
  6. Punkerpunk13
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    Top gold sellers annual/monthly income

    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.
     
  7. Unread #4 - Apr 9, 2012 at 12:43 AM
  8. kmjt
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    Top gold sellers annual/monthly income

    ^ Yeah agreed personally not comfortable the public. Its like a stranger asking you for your annual salary rate.
     
  9. Unread #5 - Apr 9, 2012 at 1:00 AM
  10. TheBigassGamer
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    Top gold sellers annual/monthly income

    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
     
  11. Unread #6 - Apr 9, 2012 at 12:37 PM
  12. Punkerpunk13
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    Top gold sellers annual/monthly income

    Your much off.

    He resold gold on a different margin.
     
  13. Unread #7 - Apr 9, 2012 at 1:25 PM
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    Top gold sellers annual/monthly income

    0.01 - 0.1 profit per mill?
     
  15. Unread #8 - Apr 9, 2012 at 5:57 PM
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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.
     
  17. Unread #9 - Apr 9, 2012 at 7:28 PM
  18. Punkerpunk13
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    Top gold sellers annual/monthly income

    Count in wipes, bans, disputes, chargebacks, etc.
     
  19. Unread #10 - Apr 9, 2012 at 8:30 PM
  20. Imagine
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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.
     
  21. Unread #11 - Apr 10, 2012 at 12:19 AM
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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.
     
  23. Unread #12 - Apr 10, 2012 at 6:09 AM
  24. hotcakes10000
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    Top gold sellers annual/monthly income

    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.
     
  25. Unread #13 - Apr 10, 2012 at 11:55 PM
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    Top gold sellers annual/monthly income

    Not hard to find new games. There are much bigger RWT markets out there.
     
  27. Unread #14 - Apr 10, 2012 at 11:58 PM
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    Top gold sellers annual/monthly income

    I mean wipes are more common, so its hard for RSGP sellers to stock up big and have peace of mind on their stock.
     
  29. Unread #15 - Apr 11, 2012 at 6:44 AM
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    What other bigger RWT markets are there? :O
     
  31. Unread #16 - Apr 11, 2012 at 7:20 AM
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    Top gold sellers annual/monthly income

    Much of viou's gold was at ~10% or lower aswell
     
  33. Unread #17 - Apr 11, 2012 at 2:04 PM
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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%.
     
  35. Unread #18 - Apr 11, 2012 at 6:14 PM
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    Top gold sellers annual/monthly income

    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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