Become a RuneScape Stockbroker

A Runescape stockbroker is a person who will play with the market value of certain items in order to make a profit. Like in real life a stockbroker needs to have money and than invest it in certain items to turn a profit. Logically you will have to start with some money, the amount of which depends on how much profit you want to make, but remember the more you risk the more you will gain, but the more you lose to if your not careful.

So we begin, first try to make a million gp through skills or monster loot, mining ores, cutting trees, fishing, or killing monsters with good drops are good ways to start. I will not go in detail on how to make money through skills since there is a variety of guides already out there.

Now that you have your first mil you will have to start looking at items in the grand exchange. The logic is simple, buy a lot of one item wait for its value to go up and sell it, it sounds simple, but it will require skill and practice to find the correct items. Look for items that  are traded a lot which means items that are sought after. Then you will want items that either have a cyclic value fluctuations, or ones that are going up indefinitely. To see the variations of a particular item refer to this page : http://services.runescape.com/m=itemdb_rs/frontpage.ws, here you will find all the items in Runescape, just look at their respective graphs and you will be able to locate an item that will either:

-Have a graph that keeps on going up

-Have a graph that has a lot of fluctuations

If you want to play safe you can choose items that just keep on going up, where you will be sure to always make a profit, but a lesser one than the second type of item, these items are items auch as “trimmed” armor, Guthix, Zaradomin, or Saradomin armor which all have high demand.

The second type of item is more challenging, because you need to buy these items when they are near the bottom of their periodic variations, so buy it when you think it won’t go any lower, when it goes down in its variation, and you have to sell it when it will get to the highest point of its variation, doing this will require practice, and patience, don’t rush to buy a item because the price is going lower wait till you feel confident it has hit bottom, and than invest in it, after wait again till it hit its highest and sell it. An example of a such item are limpwurt roots, or ores that vary a lot going up and down sometimes drastically other times slower. For the example of limpwurt roots, they vary between 1,5k and 1,7k about every 2 days, so at day 1 when it its near 1,5k buy them! Then when they hit 1,7k sell them, making a 12% profit. Sometimes an item will go drastically up because of a sudden demand and with practice and looking at trends on the Grand Exchange page, you will be able to make a lot of profit, and becoming a stockbroker.

Don’t be discourage if you lose a little in the beginning, the experience you get will be worth much more than the gold you just lost