Showing posts with label Trading System. Show all posts
Showing posts with label Trading System. Show all posts

Wednesday, 29 August 2012

Road to 100K: Week 2, Day 3

Welcome to Day 3 of this second week, trading my way up to 100K.
Yesterday I couldn't make many trades and I couldn't write the post because I wasn't able to access the internet. However today I am back and I am going to discuss a topic of interest today: Recent Average Prices.

Recent Average Prices (Part 1)

Recent Average Prices is the price that shows you how much a Limited Item is worth in the trading window. It updates quite often and can leave you with a higher priced or lower priced item over time. This can obviously be good or bad. I have done only two trades in the last two days for very small profits and so today, if the R$ total has shot up, or gone down; it will most likely be to do with the RAP.


The RAP of this item has gone up considerably. I traded it last week when its RAP was around 120R$. That was a bad trade and you should really look at the two key figures below:


Firstly, the top line tells you the Recent Average Price, 305R$. The line at the bottom tells you the average price in the last 30 days. It is 221R$, but more importantly, it has increased by 38%. This means that it is a good buy and the RAP is likely to increase because the 30 day average will be pushing up the RAP.


In Part 2: I discuss how else to find a good limited using the graphs and statistics above. And how selling your item before its RAP falls is a good idea - and when to know to sell it.


So in the last two days, my total has reached:

32,524 R$

Oh No! Its fallen by 1260R$! I think that this is down to the dip in price of the Green Flash Shades and Eyes of Everfrost which is now just 3978R$ when it was over 5000R$ before!
See you tomorrow! Looks like I'll need to trade some more and get my RAP higher!


Monday, 27 August 2012

Road to 100K: Week 2, Day 1

Welcome to the second week of Road to 100K!, the daily article where I tell you about my trading system progress. Last time I worked out that I had 32,661R$ tied up in my ROBLOX limiteds. Today I discuss what I've been trading and share with you an epic trade!

Today I have been trading some more of those lower priced items for one bigger item. However I have also sold some large hats for a couple of smaller hats. I've also been taking into account the current selling price of an item and have declined many trades today because of this. Someone tried to trade my Snowman Headrow for another item but the other item had recently fallen in price and it sold for less than its RAP. The Snowman Headrow sells for much more than its RAP. I declined this trade.

Later in the day I got an epic trade which I almost thought was a mistake from the user!


I upgraded what was quiet an undesirable hat in my opinion to a much more desirable and much more expensive hat in just one trade! After I accepted this offer (which generated a profit of 880R$) I got many offers for the Shades. It was a very good deal.

An hour or so before the deadline (which is 8pm - when I stop trading to write this report) I requested more trades and got a really good one. 4 of my items for an item worth 10,000R$ or so. It generated a small amount of RAP profit, but meant I could use the gear on a bigger item, like the Classic Fedora which is very popular. However the deal was unfortunately cancelled before I could accept it! :'(

So, now its time to see how much money I have made today. Its time for the total!

1123R$ profit today, for a grand total of:

                                                      33,784 R$


Sunday, 26 August 2012

Road to 100K - Week 1

Hello and welcome to a brand new feature here on Robloxia Today!

I'm looking to get 100,000 R$ by trading my way up from just a starting budget of 5000R$.

I originally bought some limiteds with this money and these are them:


Troll Pet 525
Robot Patriot 300
Moustache Warrior 250
Dark Northern Conqueror 250
Dark Lord 600
Twilight Emperor 599
Mischief Maker 300
The Reckoner 475
Courageous Warrior King 250
Red Monster League Baseball Cap 145
Z Ray Gun 1500

I actually spent 194R$ over, but that is besides the point! I then started to trade my way up. I completed quite a few trades and got rid of 2 or 3 hats to get a more valuable one. Sometimes I traded 1 expensive hat for 4 smaller ones, just so I had some extra "change" that I could spend to make the RAPs a bit closer so the other person was more likely to accept.



Now I have quite a few limiteds, which you can check out on my profile. I have added up their Recent Average Prices (RAP) and so far I have got:

32,661 R$

However, I must add that I did have some quite valuable limiteds before I started trading, however quite a lot of them have been upgraded, and I've made around 1500R$ profit on trades so far! This is now where the work begins! I have 32,661R$ but this is set to go up pretty slowly from now on, after I have included all the limiteds I have.

I hope to see y'all again tomorrow when I will do Week 2, Day 1! 
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