Flippr
Back to Guides

Getting Started with GE Trading

Getting Started with GE Trading

Welcome to the world of Old School RuneScape Grand Exchange trading! This guide will help you understand the fundamentals and get you started on your trading journey.

What is Grand Exchange Trading?

The Grand Exchange (GE) is RuneScape's centralized trading system where players can buy and sell items. Trading involves buying items at a low price and selling them at a higher price to make a profit.

Key Concepts

Buy Price vs Sell Price

  • Buy Price (Low): The price you pay to purchase an item
  • Sell Price (High): The price you receive when selling an item
  • Margin: The difference between buy and sell price
  • Net Profit: Margin minus the 2% GE tax

Understanding GE Tax

The Grand Exchange charges a 2% tax on all sales (capped at 5M GP). This means:

  • If you sell an item for 1,000,000 GP, you pay 20,000 GP in tax
  • Your net profit = (Sell Price - Buy Price) - Tax

Using Flippr

Flippr helps you find profitable trading opportunities by:

  1. Real-time Price Data: Get up-to-date buy and sell prices
  2. Volume Information: See how much an item is being traded
  3. Profit Calculations: Automatically calculate margins and ROI
  4. Filtering: Find items that match your criteria

Basic Trading Strategy

  1. Start Small: Begin with low-value items to learn the market
  2. Check Volume: Only trade items with sufficient volume
  3. Calculate Profit: Ensure your net profit covers the tax
  4. Be Patient: Good trades take time to complete

Next Steps

Happy trading!