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Runescape Grand Exchange Fundamental Secrets |
42 Comments posted in Runescape Millions |
Runescape Grand Exchange was introduced in 2007. Other Massively Multiplayer Online Role Playing Games like Word of Warcraft and many others have what we called auction houses.
The Runescape Grand Exchange created by Jagex, was first of its kind and have several unique features which I will go through as you read on.
Free World Trading vs Runescape Grand Exchange
Before the switch to the grand exchange, Runescape is a world of free trading. Every player can buy or sell gold and/or items freely among themselves. This creates a huge problem for Jagex.
Thousands of website sprung up all over the places to sell Runescape gold and items for real cash. And Jagex treat this very seriously.
So, in order to stop this from happening, and thousands of other players paying cash to other website rather than Jagex themselves, they switch to the grand exchange system.
This greatly impacted millions of players, as most of them quit, only a handful of them cracked the code of the Runescape Grand Exchange and multiply their wealth in Runescape many hundred folds.
Runescape Grand Exchange vs Real World Stock Exchange
I love to relate Runescape Grand Exchange as almost similar to the real world stock exchange. And if you track the history of human development, our ancestors started off as free traders too, until we have a centralized trading system now.
If you buy item A in USA, and another player sells item A in Australia, if both your order matched, the exchange will match the order.
This works exactly like the stock exchange.
Thousands of adults lose and make millions of real cash in the stock exchange every day.
In the world of Runescape, players make and lose money too.
And because I make money trading the stock exchange, so it only makes sense for me to make millions of gp in Runescape too.
Who You Buy And Sell To?
In the Real World Stock Exchange, there is no way to know who you sell or buy the stocks from.
This applies exactly to the Runescape Grand Exchange. As mentioned, it is a centralize system on which all orders for buying and selling are matched accordingly.
For example, if you have a Buy offer for item A, the exchange will note that right away and search within its database for a seller who wants to sell item A.
Once the orders are matched, then your screen will show that the trades are done. This is how the stock exchange works too.
Lastly, I would like to say that thousands of Runescape players never understand how to leverage on the grand exchange to make millions of gp every day.
Most average player lose their gold in the exchange, rather than making money. After several trial of losing and frustration, they decided that grand exchange doesn’t enable them to make money. That’s totally false!
The reason I said that is because there is a system where I just need to work less than 5 minutes per day, and I can go on to making millions of gold using the Runescape Grand Exchange.
Full details of the system are present in the guide which I have created.
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September 2nd, 2009 at 2:05 pm
hey umm thanks but i still dont really understand try to not write words that is like polite or so write simply and thank you again soon il try to sola merch
.:P
September 2nd, 2009 at 2:33 pm
i still dont get it
September 2nd, 2009 at 3:59 pm
SO i think merching is great but i havent merch in last month but it does great profit,but merching clan are pyramids so they can sell their items to stupids that join them so DON’T JOIN MERCHING CLANS searchg your own item in ge then buy it wait price rises then sell it
September 2nd, 2009 at 4:48 pm
merchant clans suck cause they unstablise the runescape economy, so don’t use those to make your money. You don’t even have to choose an item thats going up. You just need to choose a popular item that lots of people buy, buy alot of it, and then sell it for only a few coins more each resulting in small profit in the beginning, but then eventually make more money, which ables you to buy more of the item and eventually make up to a million a day.Your profit goes up every single time, and eventually may go to over a million for only a few minutes work a day. Good items to merchant in general are rune items. Remember, the more you buy of that item, the more money it costs, but the profit is also bigger, so dont hesitate to put in quite a alot of gp into merchanting. Remember, your offer WILL eventually sell, so be patient!!!! If you still don’t understand, well then i think its really time for you to buy INSIDER TO MILLIONS!!! Good luck with your moneymaking!!!!!
September 2nd, 2009 at 5:00 pm
You can also wait till the price on the item rises slightly,but don’t wait too long because it might drop again. Remember to only do a coin above the price you sold it for, though it also depends on the item price range.
September 2nd, 2009 at 8:17 pm
Ummmm I don’t get how this helps ur not explaining very well. And how do we know when I item is rising or is it buy an item for low then just sell for max therefore making 10%profit every item?
September 2nd, 2009 at 8:23 pm
i totally understand what he is saying, its much easier though to build up half a mil and then start looking into the grand exchange, myself i follow gold on the Grand exchange and i buy it when its low and sell it when it increases around 5-10gp in value, this doesnt seem like much but depending on the number of stock you have it can add up very quickly, recently the price of gold shot up tremendously and i had to learn again what the lowest and highest prices that it usually goes for were, once people can obtain the knowledge of how an item prices then they can start to make their money
September 2nd, 2009 at 9:03 pm
This helped me alot and thank you for that but i want to understand better and know more about merchanting if you know what i mean
September 2nd, 2009 at 9:45 pm
Explain a lil more plz just wana Kno I already made 13m in rs
September 2nd, 2009 at 10:26 pm
thanks!
September 3rd, 2009 at 12:51 am
Neat guide.
This might help me later on in the real world and might help me make more cash in RuneScape!
September 3rd, 2009 at 1:30 am
im wondering to buy your guide, but ppl tell me itz stupid to buy cuz its not up to speed with updated rs. iz thiz true? also, why do you always spell free fr.ee?
September 3rd, 2009 at 3:57 am
Hi Raymond,
Version3.0 will be coming very soon, in another few
weeks time. I’m in the mist of editing it and making it
more complete.
The reason I spell fr.ee is so that your email will not
think my email is a spam and gets into your Inbox.
If not, it will regards as spam and goes into your spam
folder.
September 3rd, 2009 at 4:14 am
I kinda understood but I need more help I wanna make more money. I got 660k how should invest that money?
September 3rd, 2009 at 5:42 am
thats for that roy good info
September 3rd, 2009 at 11:40 am
my friend told me to but eye of newt for the cheapiest prize in ge and sell it for more money it just doesn’t work wats the best item i could merch with
September 3rd, 2009 at 7:35 pm
A good amount to start with is at least 500k-1 mil. I can’t say what item will works cause prices are always changing, but rune scimmya are popluar so im gonna try them next
September 3rd, 2009 at 7:40 pm
and its always to invest with an item that has a big price range. You don’t have to sell it at max, you buy the item at market price, or maybe a bit lower and then sell it for somewhere between market and max price, just don’t sell it to high because it won”t sell, or too low and you won’t make a good profit. You have to try it for yourself, and then figure out a good item that you like and the right prices to buy and sell it at. Hope i helped, and good luck with your moneymaking!
September 3rd, 2009 at 7:42 pm
And don’t do item that are rising really quickly because it will eventually drop alot and make you lose money
September 3rd, 2009 at 10:10 pm
merchanting don’t work 4 me
its hard to buy low stuff i want and sell high crappy raw lobsters
September 4th, 2009 at 12:54 am
you have to experiment.. try only buying 1 raw lobster for 15gp over minimum price then sell for 5 gp under max price this may help tremendously as i merchant rune scimitars occasionally and yous a similar method
September 4th, 2009 at 2:26 pm
Kids just don’t get it. Haiz.
September 4th, 2009 at 2:28 pm
To merchant, go to Runescape website, under Grand Exchange. Look at the graph for the past 90 days. Buy when lowest, then sell when the graph is going higher. You’ll have to predict.
September 4th, 2009 at 3:12 pm
lobsters suck u need something bigger, like rune items…rune 2h is good and its rising now
September 4th, 2009 at 3:27 pm
martin
how much gp do you have? just curious and i am a good solo merchant i was just explaining how he could merch lobs because
he didn’t understand how to
September 4th, 2009 at 3:29 pm
coherently i only have 7mil i died on a bounty world and lost full saradomin d hide oops
September 5th, 2009 at 5:01 am
Thanks sooooo much. What are some good items to sell too?
September 5th, 2009 at 5:48 pm
good items are rune, escpecially scimmy and 2h, some food like lobster (sorry about the rude comment earlier, i guess lobsters are good),but you have to find something for yourself that you like merchanting, ive seen people merch hween masks, dhide g, but it all depends on how much money u have, and how much you are willing to invest.
September 8th, 2009 at 5:51 am
Its a really idea to compare real life to Runescape life. This helps you to MAKE MILLIONS!
September 9th, 2009 at 1:21 am
lol nice but i still dont get the ge thing because i have 207k-ish so i dont kno wat to get to do merchanting? can u hlp me?
September 9th, 2009 at 1:08 pm
i can invest 500k what should i buy/sell
September 17th, 2009 at 11:44 pm
merchanting isn’t my BEST game-plan buts its one of my better options…
September 18th, 2009 at 3:40 pm
I lost my 40m in clan wars red portal..sooooo i am looking for money making guide!!!
September 19th, 2009 at 1:13 pm
Roy im a level 40 member with all my stats 1 but i got/52 range/11 str/39 mage/35 prayer/how shill i make money because i got no money at the moment and i cant affort arrows plz help me what shill i do??
September 20th, 2009 at 10:30 am
ok bob since ur a mem use ur woodcutting logs and a knife to makethe arrows u can get a high lvl in fletching and hopefully do a quest… eh?
September 22nd, 2009 at 2:05 am
Yh be idea sounds like a plan even though I’m lvl 145 be and have 99 fletching……. I have 279mil on the game nw and shud have 300 atleast by the weekend… All u gotta do to make money is farm everything get all money making skills max so when your bored of doing 1 you can go to another, thts how I made my money
September 26th, 2009 at 9:00 pm
yo roy thnx a lot for ur help it really made me get a lot of money i made my first 100 mil in 2 weeks because of ur awesome guide…and i hope v.3 will be better….and 1 day whn jagex makes a life changing update or something hope u write another successful guide!
September 27th, 2009 at 1:47 pm
ty david and bob u cant get lvl 145.But im still quite stuck because i did what you said david but now i need a really good way to make money.
September 27th, 2009 at 1:47 pm
What shill i do??
October 5th, 2009 at 10:49 pm
you people don’t have a high vocabulary dont you. I understand carely what he said. Thanks man this method is awsome, and you guys can ale me any time in runescape my name is flaminhost.
December 5th, 2009 at 9:47 pm
i dont really get it.
December 29th, 2009 at 3:47 am
I already knew about merchanting in real life but thought about applying it to runescape. I never did but since I already know the basics i will try it now. thanks for informing me that it works in runescape!!