GE Tracker is aimed to collect the item pricing information for the game known as Old School RuneScape through the OS Wiki and RSBuddy APIs. First of all, the team processes the data and then give the intelligent and tailored the lists to the users. The users are their main priority. They always want to make sure that the users are the most informed and up to date merchants in the game.
GE Tracker has something about Zulrah’s scales. Here is the link that will take you there: https://www.ge-tracker.com/item/zulrah-s-scales. By clicking on the link, you will be able to see the statistics, the profit or loss tracker, the price alerts, the price graph, and the amount traded of Zulrah’s scales.
Apparently, the buy or sell prices shown on the screen are updated each 60 seconds. As for the trade volumes and current price, it is updated every 5 minutes. If you want to check the current price in the game, you can do a margin calculation. Here is the example of the statistic of Zulrah’s scales that is shown on the screen:
-
- Current Price: 98
- Approx. Offer Price: 97
- Approx. Sell Price: 99
- Approx. Profit: +2 (1.03%)
- High Alch Value 12
- Buying Quantity (1 hour): 4,025,013
- Selling Quantity (1 hour): 1,255,410
- Buy/Sell Ration: 3.01
- GE Limit: 30,000
- High Alch Profit: -254
If you want to know about the profit or the loss tracker, you will need to login or register. By doing so, you can also start to build your wealth on the Grand Exchange in the game. As of now, there are about 2,893,953,929,110 gp users of GE Tracker that have logged and there are more than 1,239,928 profit of the transactions.
For everyone who want to get the custom price alerts, you must subscribe for a premium account. Feel free to select a field and comparison value and get notified through an email, SMS or app after the item hits your alert. It will help you to be one step forward compared to the other merchants and get the best prices.
Talking about the Zulrah’s scales on GE Tracker, it is needed for you to know about the flipping. If you are not familiar with it, here is the guide.
Merchanting is the thing that allows everyone that has gold in their bank to enjoy the game and make money. The term is used to describe the act of purchasing any item in hopes of selling ii back to the market for a higher price then what has been spent. Unfortunately, it is not as easy as it seems.
Actually, it is not only about buying an item lower than what the Grand Exchange is showing and selling it back for the above listed price. Everything needs dedication, practice, strategy, and patience. Flipping a few items here and there is easy but it is not recommended for a long run because you can end up with just losing money. There are a total of five factors that you should remember, including practice, due diligence, research, patience, and relentlessness.
As a merchant, it is needed for you to have the fundamentals on points to approach the market in the right manner. First of all, you need to know about the Grand Exchange first. As you probably know, the Grand Exchange is like the middle ground for buyers and sellers who come together to exchange items for gold and vice versa. Basically, you are trading an item or a gold with the fellow player and not a nonplayer or NPC.
The merchants are divided into three, as follows:
- Beginners
Beginners are the ones with no experience in flipping. There is a high change of the beginners to quit if their reality does not meet with their expectations or in worst cases, they fall to make a profit. This kind of thing will make them stuck as they are too afraid to do something.
Common traits:
-
- They are not creative.
- They think that flipping makes no money.
- They are unaware of updates.
- They love to ask around which items are worth flipping.
- Average merchants
The average merchants are known as the ones that make the best in the investing world with the profit ranging from 1m to 500m. The skills owned by this group are different.
Common traits:
-
- They may or may not focus on updates and some other things.
- They flip common items such as barrows, pvm drops, and so on.
- They allow their emotions to control their decisions.
- They are part of mass movement and unable to predict any price movements.
- They are not long term planners and only think short term.
- Masterminds
Masterminds are the top ones. They are the elite of all merchants in the game. As top merchants, they are not afraid of taking the risk. Losses are their friends and they are fine with them as they are part of the process. Being good at every aspect is their aim and they always try their best to improve everything.
Common traits:
-
- They are long term planners.
- They read well, love to keep up with the update, and watch every stream.
- They keep tabs and notes on the things that might be useful.
- They are really patient.
- They are comfortable with big risks.
- They are good at diversifying their investments.
- They enjoy flipping most valued items in the game.
- They are known as market manipulators even though it is not always the case.
Masterminds have so much patience and they are able to hold onto investments for months. They tend to flip the new items that are released into the game. They also do not hesitate to take biggest risks. They could save the notes and information for months, hoping that one day the developers will change the thing that they stated in the past. The merchants called masterminds always try to escape the hive mindset. According to them, it is best to think for yourself, remain patient, and to be aware on everything and to keep improving.
AUTHOR BIO
On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…
Leave a Reply