Anyone give some advice on merchanting lobsters? I want to invest in this item since I dont have much money, but I want a quick return of profit in a span of 1 day. So I was wondering what items I could invest in and make some profit the next day or if it is possible to sit at the GE and buy items for cheap then resell it back for max when the GE updates.. the reason I ask is because I tryed doing this with the lobsters. I had about 1500 lobsters but I ended up using them all and selling some and lost most on pking another story lol buuttt the price hasnt changed at all it is still 239gp max.. Must I wait a week b4 a significant price change occurs in order to make some money? I also heard of a certain cash flow system using the GE but im clueless about this, if you know anything about this let me in!

 

 

 

Do you think lobsters will rise in price from 239gp each to maybe 280gp each in 3 days?

You would need to buy at least 3k each day in my opinion...

first off merchanting and investing is a bit different. merchanting is more like buy low then sell high. investing is buy then wait for price to go up and sell.

 

 

 

lobsters are hard to merchant on because there is generally the same supply and demand for them. it only rises after hypes like the pvp worlds or anything like that. you can try but its ur call. im just saying that it wont guarantee you to make money

Let's see. 5.9m lobs bought\sold every day. Your going to want around 50% of the demand to affect the price, so you need to buy about 3,000,000 lobsters to see a change, around 858,000,000 GP. Until then, don't expect to see anything.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:roll:

so what should i do to make any sort of income??

you could always join a merching clan and buy what they buy...

 

one clan is cmrobins but you didnt get this from me...