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

Discussion in 'RuneScape Miscellaneous' started by Gmail, May 18, 2010.

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  1. Gmail

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

    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
    [​IMG]

    What not to Flip ( This item is raw shark sorry i covered the picture)
    [​IMG]

    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.
    [​IMG]






    P.S. Patients is a Virtue
     
  2. Panzy Wanzy

    Panzy Wanzy Guru
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    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.
     
  3. Gmail

    Gmail Forum Addict
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    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
     
  4. Gurtaton

    Gurtaton Grand Master

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

    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.
     
  5. Black knight

    Black knight Apprentice
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    Nice guide , taught me some more about flipping.
     
  6. x llama i

    x llama i Forum Addict
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    very nice guide i will try using it ive been looking into flipping but only got 14milish to invest
     
  7. grasshopper1494

    grasshopper1494 Grand Master
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    You can start with 14M, and still make over 500k an hour to raise your cash-pile.
     
  8. damiencolem3

    damiencolem3 Forum Addict
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    nice mate
     
  9. Gmail

    Gmail Forum Addict
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    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
     
  10. Gmail

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

    Soon i will be adding more info, on how to find the right items, risk factors, etc
     
  11. p o h

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

    Nice guide even though i dont play runescape but i do questing 9/9 it will help me in the future.
     
  12. Chriscross23

    Chriscross23 You know you at the top when only heaven's right above it
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    very nice guide, will be trying soon
     
  13. Gmail

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

    additional information has been added please tell me if i missed somthing
     
  14. Gmail

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

    please comment on how what to add extra or what im missing
     
  15. Alphaturk

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

    very nice guide i will try using it
     
  16. Gmail

    Gmail Forum Addict
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    [Free] The REAL Flipping Guide *Smokin' Mils*

    if you need help finding items just pm me
     
  17. dark son

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

    ok , nice guide. i'l give u that , but , that just the basic =) .
     
  18. Gmail

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

    lol whats there more to learn? then the basics =] i added you to talk
     
  19. Journal

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

    0mg u pr0
     
  20. Gmail

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

    i would like people to post some comments on how to make it better
     
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