Sunday 6 March 2011

Runescape Merchanting Dos and Don'ts

When you look at a topic such as merchanting there are definitely a certain amount of Runescape Dos and Don’ts to apply.  There are some areas of the game as well as life where there are no definitive rules, but with regards to Merchanting there are definitely a few things you should be sticking to and doing in order to maximize your profits and minimize your losses.

I think one important merchanting tip is to make sure you don’t invest all of your money at once I’d definitely recommend investing only around 20-25% of your entire capital at any one time.  Remember, even if you’re experienced at merchanting and you’re winning around 70% of your trades that still means that you’re going to lose three out of ten.  There’s no reason why you can’t lose three in a row and although it’s unlucky it’s far from impossible.  So if you lose half your investment three times in a row you could go from 100 million gp to 50 to 25 million even if you’re doing everything right.  Even if you were to win the next few after you’d just be back up to where you were originally.  Losing consecutively doesn’t mean you’re doing anything wrong at all, but as with many things on Runescape and in the real world luck plays a part and if you get unlucky and lose there’s nothing saying you can’t get unlucky and lose several times in a row – have you ever rolled three double numbers playing Monopoly?  They’re unlikely but it happens.

A very important ‘do’ in Runescape Merching is to make sure that you read the Runescape homepage every single day if not several times a day.  Runescape updates are released at quite random intervals and to be honest you can’t really predict when they’ll be coming out.  What you can predict is that there will be changes to items, quests, mini games and so forth and these could all directly and indirectly affect item prices.  Imagine if they changed the special attack on Dragon claws to use 55% instead of only 50%.  This would mean that people couldn’t consecutively special attack twice in a row, and since it’s a popular pking weapon people would go for alternatives and hence its value could drop dramatically in value.  There almost certainly wouldn’t be a large single page dedicated to this, and there are usually very minor updates which have minor changes at the bottom.  But whereas Jagex may see altering this or that as a minor change to people who have potentially millions, if not hundreds of millions of gold invested it means that their entire banks or a lot of their money is at stake.  Even if it’s just a regular pker or the owner of a particular item, they could be losing a lot of money and by quickly glancing through every single update and specifically reading the bottom of the page it can protect you from the worst of these changes.

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