Many people trade on RuneScape to earn a lot of GP. The buying and selling prices in the game change frequently, but here are some basic principles to become a successful trader on RuneScape anytime, anywhere.
Step
Method 1 of 3: Making Momentum Trades for Short Term Profits
Step 1. Choose a rare item
Rare items such as party hats, Halloween masks and Santa hats will easily sell because they are limited in number. These items are reduced as they are removed or the player player stops playing.
Step 2. Buy new items, new items are good for short-term trading because their original prices on the Grand Exchange (GE) appear for quite some time
Merchants can also sell items to players at high prices to players who want the latest items.
Step 3. Sell speculative items
If merchants work together to set a high price on an item, don't buy it unless the item has value in skills, weapons or armor. Only sell speculative goods in a short time, because many other traders will imitate it and then the price of the goods will fall.
Method 2 of 3: Making Fundamental Trades for Fixed GP Flow
Step 1. Choose items with various functions
For example, yew logs are useful for archers looking to stretch their bows, and can be used to make fire. Items with flexible functions will be sought after by many players.
Step 2. Examine the demand and supply of goods
Ideally, the goods traded cannot be accessed by other players easily, but the supply of goods should not be limited. Traded goods should also be needed by everyone, not just certain players.
Step 3. Choose items that can be invested with large capital
Due to the purchase limit per day, buy a few expensive items and not a lot of cheap items. 5 percent income from 1000GP is less than 5% income from 10,000GP. However, don't spend money on just one thing.
Step 4. Balance your patience with the volatility of the goods
If you want to buy and hold (buy and hold), buy items whose price increases over time. If you want to speculate, buy items whose prices fluctuate greatly. Remember, if the item has high volatility, it means that the item has the potential to provide high profits, but the risk is also high.
Method 3 of 3: Buy and Sell Strategy on RuneScape
Step 1. Use the average price
Buy some items at 99GP, some at 97GP and some at 95GP. If the price goes up and the item is sold, your overall profit will be greater.
Step 2. Buy high-value items below normal prices
Put the purchase price 5 percent below GE's price. Raise the price slowly until someone accepts the offer. You will find the real selling price of the goods while saving money.
Step 3. Sell high-value items above the normal price
Put the selling price at 5 to 10 percent above the GE price. Then, slowly lower it until someone takes a sell offer.
Step 4. Buy a single commodity to test the price
For example, buy 1 lobster and test the price before buying 100 lobsters without knowing the exact selling price.
Step 5. Set a unique price
If someone else charges 20,000GP, put yours at 19,997GP. Your prices are still cheaper than competitors. Always lower your selling price from competitors' prices by odd numbers.
Step 6. Set the base price
If you have extra cash, and the price of an item starts to drop drastically, then make a big offer to prevent the price from actually dropping. Then, when the market is cornered, sell the goods gradually to avoid the price dropping drastically again.
Step 7. Focus on selling a few items
Don't guess too often what items will be selling well. Get to know 2-3 items to understand the price range. That way, you'll instantly recognize good deals on those items.
Step 8. Install security
If you invest as much as 150GP on a single item, keep a bid at 140GP and make a sell offer at 180GP. When a buy or sell offer is received, you can predict where the price will go, and you can decide to sell quickly or keep buying.
Step 9. Flip it over
Select the item whose price will increase on the GE site. Buy at a price between -5% of the GP price. Wait for a while. When the goods are loaded, you can put them in the bank for 2 days or more. Then, sell at a price between the GP price and +5% the normal price. Wait and take advantage. Good luck!
