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basic tips for making money using grand exchange -
04-05-2008, 12:33 PM
~Credits to "2ndarrow2"~
Most of you may know, but for the beginners who don't please keep reading. Its pretty common sense though
Requirements:
About 100k to start with is fine.
Find a good item that everyone needs, it has to be something that is like one of the main trading items, for example: yew logs, yew longs, bow strings, something that has a very long price range.
Now here is the trick with the Grand Exchange that will make you Millions without doing anything!
Don't buy the item for lowest, but it like 1 or 2 or maybe 3 gp higher than the lowest price once you got a good amount, sell it a couple gp lower than the highest price like you did for buying and you will soon start to see big amounts of profit, now it may not sell so instant but it will sell, I'm sure you guys got the patience to wait a while.
Now you are wondering why this will work? Because people usually Buy or sell the item for lowest or medium or high, some are always in a rush and trying to just sell the item and not think about it, if you lower the price a couple GP the person buying it for the highest will come to you, if no one else is selling for lower!
Hope this guide helps you! and a thanks would be nice to those who think this was useful
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