Merching (Flipping)

[nightshade53]

Hi

 

I have never really done any serious GE merching, and want to start. I need some advice on how to go about it. I'm starting with 80m.

 

Obviously the idea with flipping is to sell items higher than what you bought them for, but I'm wondering what the best type of items to go for are (rising/flat/falling)?

 

Is it preferable to buy at a price where I will get all of my items quickly, then put them back in at a higher price which will sell more slowly? Or the other way round (buy slowly sell quicker), or somewhere in between so that you buy and sell at about the same rate.

 

A few expensive items or many cheaper ones?

 

Any other advice is appreciated too, thanks

[Rhonda]

Well, I flip with buy at min +1, then sell for mid -1.

[tigershelby2]

Well, I flip with buy at min +1, then sell for mid -1.

Wouldnt that loose money if all the items sold for exactly the asking price?

[All_Is_Great]

Well, I flip with buy at min +1, then sell for mid -1.

Wouldnt that loose money if all the items sold for exactly the asking price?

 

He said MIN +1, I think you read mid + 1.

 

Also, when trying to flip, go look up the GE charts, if the item is rising, you might have to buy above mid.

[tigershelby2]

Well, I flip with buy at min +1, then sell for mid -1.

Wouldnt that loose money if all the items sold for exactly the asking price?

 

He said MIN +1, I think you read mid + 1.

 

Also, when trying to flip, go look up the GE charts, if the item is rising, you might have to buy above mid.

Lol, I guess I did read it mid, because it was making no sense to me

[Sir_Kurity]

Whoops misread.

 

Well, dont put all your eggs in one basket and it should be fine :D