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Starting My Journey On Trading

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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 02:58 AM
Hello everyone,

I have decided to start off my journey to become a trader. While following this: http://blog.roblox.com/2012/08/trading-for-profit-and-fun-the-one-week-challenge-part-1/ I bought the Recycled Cardboard Shades, the RAP being 300 RS. So, then, I went to the Collectibles page, I found something called the Cyberforce Detective. Which lowest price is 310 RS. And RAP is 355 RS. So, I decided to trade my Shades with an extra of 25 RS to the guy with the cheapest price (for the Cyberforce Detective).

Here is the key information:

The guy is selling it for 310 RS.
I bought my shades for 299 RS.

The RAP of the Cyberforce is 355 RS.
The RAP of my item was 300 RS.

I traded my Recycled Cardboard Shades (with 25 RS Extra!) with his Cyberforce Detective.

I added the extra 25 RS since the value of my item was 299 RS, making it 324 RS.
And the value of his trade was 355 RS.

So, am I doing this right?
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:04 AM
Yes, but you could have gotten more for shades since they are in high demand
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:07 AM
I sent you a really good trade to givr you a head start ;)
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:10 AM
Thanks!

I have just around 1,000 I've saved to trade with! Thanks for helping me start off my journey!

Enjoying your stay at the Scripters Forum? Join this! http://www.roblox.com/My/Groups.aspx?gid=2582784
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:12 AM
Np c:

Right now is a great time to buy limiteds because they are so low due to the sale
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:12 AM
Can you give me any tips for becoming a good trader/making profit?
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:13 AM
What limited's should I go for? I have around 800 Robux.
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Nindoz is not online. Nindoz
Joined: 15 Mar 2012
Total Posts: 21968
24 May 2015 03:15 AM
no need to thank me
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:15 AM
Neon green hair is a great item with tons of demand when it comes to oders
Can make 1k off it easy

If you really want to profit it
You should wait until after sale when it goes back up to 1k c:
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:17 AM
And becoming a good trader requires a lot guessing and predicting values

Until you hit around 20k rap just focus on rap (unless its a projected item!) and when you reach 20k rap you can start value trading
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:20 AM
Ok, so I just got a trade for my Order of the Ruby Dragon, worth 544 RS.

For: Beach Day, ValentIne's Day Cap 2014, Luckysphere, and The CommIssIoner, everything is worth 661.

Should I accept?
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:21 AM
Thanks for the tips, but can you explain to me how to use RAP effectively? All I know is that it's the recent average price.
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FatalDesires is not online. FatalDesires
Joined: 02 Jul 2011
Total Posts: 17945
24 May 2015 03:21 AM
Well Power I hope you're trading experience gets you were you want to be. I just read that blog for the first time and it's so true...smaller items are much easier to profit than larger items. You will do well following that guide. Also don't ever trust anyone on LMaD if something seems too good to be true it's most likely not real.
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:21 AM
I would uust worry about 1v1 until you get rid of the smalls

Dealing with items that small is no buen

Go buy neon green hair for beautiful people, and you might be able to snag stuff a lot better than that offer
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:22 AM
@Fatal

Should I accept that trade then?
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:23 AM
And there really is no way of using rap effectively, unless you gamble and trade with projecteds which i 100% garuntee wont work out well for you
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:24 AM
Ok, so I just bought the Neon Green Hair. Got around 100 robux left.

I still need the answer though, should I accept?

Enjoying your stay at the Scripters Forum? Join this! http://www.roblox.com/My/Groups.aspx?gid=2582784
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:24 AM
No, dont accept

4v1 with super smalls is cancer
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:27 AM
I just countered it for 400 RS extra. If he does accept, I'll use that to buy more limited's.
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:29 AM
Just a tip
Dont make people op too much
They will most likely auto decline
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FatalDesires is not online. FatalDesires
Joined: 02 Jul 2011
Total Posts: 17945
24 May 2015 03:29 AM
Yeah good counter. Basically you will get people giving you a higher rap offer but in more items. That is called a downgrade but sometimes the extra rap is not worth the items. Certain items get many good offers compared to others.
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:31 AM
So the value of his items are 1000 RS (including the extra 400 Robux I countered) and the value of mine is 500 RS.
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:31 AM
Also, if you want to squeeze a bit more profit off someone
Send them the same offer they sent you, except make it so they add a bit more, if they declinenthat accept the first one (if its good xP)
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NoRegertz is not online. NoRegertz
Joined: 21 Jan 2015
Total Posts: 1515
24 May 2015 03:32 AM
Ok his items are values at around 600+400 r$, so not nessicarily 1k
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powerhotmail123 is not online. powerhotmail123
Joined: 11 Apr 2011
Total Posts: 5041
24 May 2015 03:35 AM
Ok, anything else? I'm poor qq.
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