A Successful School Day

Despite having an exam on European history tomorrow, I was quite productive on Runescape today!

I only burned 1k magic logs today, but I made over 7.5m from flipping! I've found that arcane spirit shields are one of the best items to use because I can sell them for around 100k profit per item. However, there's a 2-item limit on buying them, so I need to continuously keep up with the offer in the GE. Other than those, I used my traditional Bandos chestplates, tassets, armadyl chestplates, and saradomin swords. I was actually making a lot of money on the armadyl chests--around 39k per item per flip! Which brings me to my next point...

Flipping Tip #1: Don't be greedy!

Whenever I try to explain how to flip to people, one thing they seem to miss is that they cannot be greedy when flipping. Flipping is all about making quick profits, not going for the long haul. Therefore, instead of trying to squeeze every GP out of a flip, settle for lower, quicker amounts.

For example, I'm perfectly happy to get even 20k for a flip of bandos chestplates--worth around 20m. Yes, I just said I'm happy to receive a .1% profit on items. It may not look great on the GE history page, but flipping 20 of them at a time is a cool 200k every 10 or so minutes. Under ideal circumstance, that's around 1,200k per hour! Multiply that by six GE slots, and you're looking at over 7m per hour. From experience, I can say that flipping over 7m per hour takes practice but it's possible. 

So what does this have to do with greed? If I tried to get even 5k more for those chestplates, chances are someone else would outbid me, thus forcing my time to buy and sell to take longer or even never complete! That's really what flipping is all about: Outbidding your opponents and taking advantage of the players that don't want to take the time to buy/sell at the best prices.

Personal: I took the AP Calculus exam yesterday, and I thought most of it was pretty easy. The first portion was a mutliple-choice section without the use of a calculator. I knew around 90% of them and made logical guesses for the others. The second portion was multiple choice with a calculator, and I'm almost positive I got every question on that section right. After that, we got six word problems with multiple parts, and I felt great about five of them. However, one of them took me completely by surprise, and I did my best to remember the little time we spent on the problems in class. Overall, I felt it was a pretty strong performance and I'm glad it's over.

It might've helped if I had taken a math class in the last five months, but I guess I can't complain, since reviewing the content was up to me.