Odealo is a secure trading platform for MMO gamers. Here you can buy, sell, and trade Runescape Gold with the use of real cash.

Before we start profiting out of the Grand Exchange, we have to analyze Supply and Demand trends in order to identify the best items for Flipping and Investing. There are a few ways to do that. First of all, experienced Players will probably list these items from their memory easily, as they are using them extensively. If you do not have knowledge about the most profitable items, you can for example:

• Use widely available online GE tools, like the official Jagex Grand Exchange Market Watch website (for RS3) or the GE Tracker (for OSRS). These sites offer a lot of Grand Exchange statistics, like Price Graphs, and trade activity for any in-game items. The "Price Rises" and "Most Traded" tabs will be most useful to you. You have to learn how to "read" the graphs; this is best shown on an example (this information will be very useful if you want to start long term Investments and can come in handy during Flipping as well):

Graph 1. The price change of an item in the span of one Month

Graph 1. shows us how the graph of the potentially profitable item looks like. We can see a stable rise in the Item's price with just a few little drops. Now that we found a promising graph, we have to analyze it:

Graph 2. The monthly price Graph on which the important Trend changes were marked.

Green rectangles show us the best time to buy the analyzed Item (periods when stable price begins to rise again). Red rectangles show us when to sell the analyzed item (periods when price begins to fall). After the initial analysis, we should take a look at the long-term (3 and 6 months) graphs in order to get some wider perspective and the trend confirmation.

Graph 3. The price change of an item in the span of six Months

Graph 3. shows us that our item's price is the highest in 6 months, and starts to stabilize, which most likely means that it will start to drop. We should not buy the said item in this situation, and wait for the price to develop instead. The right time to buy this item will come with the price stabilization after the drop (look at the periods marked with green rectangles on the Graph 2. for a reference).

Now that we know the basics of Graph reading, let us look at two more methods of gaining the important GE knowledge.

• Read the patch notes! Updates can greatly affect item prices, by making them more useful or useless. When an item becomes more useful, the Demand for it will rise, and therefore it's price will increase; you should take full advantage of that, and stack up on the said item immediately after identifying it in the newest patch notes. This situation will be reversed if an item becomes less useful, easier to come by, or straight up useless; if you have the said the item in stock, you should get rid of it immediately to avoid Gold loses.
• Use Friends Chats dedicated to trading. They are a great source of knowledge about prices, price margins, and upcoming mass item buyouts. Just remember to follow the rules of these chats (they can be found on corresponding Reddit posts for example), or you will be, most likely, kicked.

Armed with our new knowledge, we can proceed with our ultimate goal, which is, of course, making a lot of Gold via the Grand Exchange. As mentioned before, there are two main ways of doing it; we will now describe both of them in detail, so you can choose the one best suited for you, or just start using both for even higher potential gains.

Investing in RS3/OSRS Grand Exchange is very similar to the real world investing. In-game items are our shares, and our goal is to buy them at an occasional price, wait a certain amount of time, and then sell them at a profit. This might sound random at first (if it does, please look at the "Gaining the Grand Exchange Knowledge" section again), but it really isn't, as there are a lot of ways of predicting the upcoming price changes (the main three were described in the previous paragraph).

When you identify worthwhile Items (those with their current price state similar to the state marked by a green rectangle on the Graph 2., ones that will become more useful after an update, or the ones that will be soon bought out by a trade friends chat members), the rest becomes very straight forward; you buy large quantities of the said Items, and proceed to monitor their prices on a daily basis - when you spot a price drop (red rectangle on the Graph 2.) you post your items at the new, higher price and sell them at a profit.

The best items for Investing are generally:

• Raw and refined materials (Ores, Bars, Logs, etc.)
• Farming Seeds, and Farmed Fruits
• Commonly used Potions
• Commonly used Summoning Ingredients/Pouches

There are two main flipping methods in OSRS and RS2, High Volume Flipping (for items with high trade limits, like materials, fruits, seeds, and potions), and the Low Volume Flipping (for items with low trade limits, like High-End Gear, etc.). The basic principle for both of those methods is the same; you want to buy items relatively cheaply, and sell them IMMEDIATELY (this is why Flipping can be described as a short term investment; you do not want to hold on to bought items for too long) at a profit. To do this, you will have to determine the price margin (margin is the difference between an item's minimum and maximum market prices) of an item.

To determine the margin of a High Volume item, you should:

1. Place a Buy offer for an item with a price way above its expected value; the amount of Gold you actually paid for an item is its Maximum Market Price ⇒ this shows us the maximum price that other players are willing to pay for our item; it will become our Sale Price. (for example, we have bought an item for 5000 Gold)
2. Place a Sell offer for an item with a price way below its expected value; the amount of money you made out of selling it is its Minimum Market Price ⇒ this shows us the minimum price at which our item can be bought reliably; it will be our Buy Price. (for example, we have sold an item for 4700 Gold)

The difference between these two prices is our margin/profit per item (5000 - 4700 = 300). We should narrow them slightly to speed up the trading process; that way we ensure that our prices are currently the best on the Grand Exchange, which will secure dynamic sales (for example, we narrow our 5000 - 4700 to 4980 - 4720 ⇒ this way, we make 40 less gold per item, but we speed up buying and selling processes greatly. This process has to be repeated for each of our traded Items on a daily basis to ensure our profits; if the margin narrows too much, we should look for another Item to flip.

After our margins are determined it is time to buy large quantities of the currently most profitable items and start reselling them at a profit.

To determine the margin of a Low Volume item, you should:

1. Join the specialized Friends Chat dedicated to Low Volume Flipping. Members of these chats often share their margins with other players for mutual benefits.

After establishing the margin for a Low Volume Item, it is time to buy it and repost it at a higher price.

The only question left is "How to determine which Items are currently the best for Flipping?" The answer to that is: The Best items to Flip are the items that you would Invest in, but there is an important timing difference (do you remember our Graph 2.?), we will show this on another example:

Graph 4. The period in which Flipping an Item will be the most profitable.

The period of a steady rise in an Item's price is the best time for Flipping it. Graph 4. shows the best time window for Flipping the Item described in the first Paragraph. Focusing on items which prices are steadily rising will ensure the best possible profits.

Now, that you have all the necessary information, it is time for you to start your own Grand Exchange endeavor.

On Odealo dozens of sellers compete for your attention. You are guaranteed to find Runescape Gold and Items at the best price possible.  

END NOTE

Remember that Flipping and Investing in the Grand Exchange is associated with risk. This risk can be lowered by following the instructions described in this Guide, but avoiding it completely is impossible. Always be mindful of the current in-game economic situation, keep your information up to date, and never rush your decisions!

Please do note that this is an early version of our guide, and we will be happy to receive constructive criticism, that will help us improve it, so leave your suggestions in the comments section below. If we have missed a piece of information that is important for you, please let us know!