Merchanting with 350m...

[HamzaAbbasi]

I've decided to take a pause from skilling, instead for this year I'll spend my time merchanting.
I'll start with 350m doing 2 hours daily on weekdays and about 5-8 hours on weekends.
If I was to start with 350m and follow the smokinmils VIP items (flipping with the VIP members on smokinmils) how much should I have in a month? In 3 months? In a year? + I will reinvest what I make into flipping more items.

 

[linkage]

Why don't you ask the smokingmils lot? I don't even know what they merchant or anything. :s

 

[HamzaAbbasi]

Good point...ciao.

 

[Dave]

There's a few flipping guides you should check out.

http://www.sythe.org/showthread.php?t=1294133

Depending on the items you use and such, profit can vary. Things can go really well and you'll see the increase in profit, or you can maybe get screwed over because of a random change in price. There's no absolute telling you the exact profit.

 

[HamzaAbbasi]

Any guess or prediction of the profit?

 

[Wolfdog]

With 20m I can make an easy 500k/hr profit *and thats on a bad day*

With 350m you should be making at least 5-10m / hr

 

[That Kid]

Don't merchant with a Clan Chat ever, unless you're highly ranked. If you do choose to do so ALWAYS dump early, high ranked members have sold their stock much earlier than they tell the public.

 

[wogsRus]

Just buy like 4-5 eggs hold them till they rise a few mill and repeat when they drop

 

[AvatarZ]

Don't merchant with a Clan Chat ever, unless you're highly ranked. If you do choose to do so ALWAYS dump early, high ranked members have sold their stock much earlier than they tell the public.

Mostly all Clan leaders / High ranks will do this.

 

[HamzaAbbasi]

Don't worry, I'm not joining any clan chats just doing this on my own.

 

[Duly]

Prayer potions this weekend.
For the long run, Dragon Boots are good at the moment.

 

[Some Random Kid]

Bonus Exp Weekend. Use common sense to profit off of the market. Check for future updates and previous updates and use them to your advantage. This technique will gain you the most profit, not just the buy low sell high method.