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What goes down must come up: A short blog entry about solo merchanting

Posted by Troacctid, in Runescape 19 May 2010 · 1,081 views

runescape money merchanting me
I mentioned briefly in my previous entry that I had bought a Staff of Light and then sold it again at a 200k profit. As I was writing that, I realized how long it's been since I've done any merchanting on the Grand Exchange. Last time, I completely misjudged the bottom on the Amulet of Ranging's crash and never ended up reselling the amulet. The time before, I bought up monkfish when I thought they were undervalued and they proceeded to drop another 50 gp (although I did eventually make some good profit off of it in the long term).

Yesterday I decided to give solo merching another shot. I pulled up the Grand Exchange "most traded" list, clicked open several items into new tabs to observe their price graphs, and selected several of them to invest a combined 18,995k gp. This afternoon, all of the items had risen. I sold back my iron bars, monkfish, raw tuna, and cosmic runes all at max, collecting a total of 19,729k gp. 734k profit; wow.

So now I'm impressed, and I'm ready to get back into the game for real. I checked up on some more graphs while doing some fishing in-game.

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I was on the lookout for graphs like these. As I said in the title, what goes down must come up. With the Grand Exchange, any stable item is going to have a wave pattern to its price graph, and blood runes are at the lower bound of that wave right now. I'll be very surprised if they don't rebound, especially considering that pure essence jumped in price today and the two items are obviously closely linked.

I ended up putting 8200k into bloods, 9825k into deaths, 2925k into clay, and 3437k into dark bows. In total, that's 24,387k I've got in the market now--more than the price of my Bandos Godsword. If all goes well, I'm definitely going to keep up this investing and flipping business; it's high time I started collecting interest on all those millions I have stored up in my bank. Once its price climbs a bit, I plan to liquidate my BGS as well; I had hoped to make some money lending it out, but it seems now like it'll be much more profitable to invest its gp value.

Of course, none of this is at all a revolutionary discovery or anything. I know that lots of players have been doing this every day for a long time. Sometimes it seems like I'm always late to the party--I killed Nomad about 5 months after the quest comes out, I first started using Kuradal and getting strykewyrm tasks just last week, I only took around half a year to kill the skeletal horror and enchant my bonesack, and I still haven't done any real Dungeoneering. I guess I just have my own pace. :smile:

Well, I'll probably write some more some other time, hopefully about something interesting. Until then, feel free to send me adoring fan mail. <img src='http://forum.tip.it/..._DIR#>/cool.gif' class='bbc_emoticon' alt='B)' />

Solo merching is pretty easy once you get a handle on it.

Personally, I do not hold items or watch graphs all that much, but I still end up making around 2m a day.

I'm also against merchanting clans/clan chats.
I tried solo merching a few times. It worked maybe once a month, somehow I only just managed to do it the day before they started to drop. I'll probably sell everything I have soon and try my chance at solo merching.
I've always wondered how to solo merch. It scares me.

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About the author

Troacctid began adventuring in Runescape in early 2007, and has since traveled all across Gielinor and accumulated healthy amounts of knowledge, wealth, and power. She enjoys undermining evil world-domination schemes, defending the innocent from oppression, wrestling sharks out of the water with her bare hands, and Magic: The Gathering. Her friends call her "Pi".

The name "troacctid" is an acronym for "The Ratio of A Circle's Circumference To Its Diameter" which of course is Pi. Hence the nickname.

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