Flipping cards
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For the most part, the people trying to flip cards are complete idiots and do nothing more than devalue everything. Who on earth would be satisfied with a 1000 stub profit in a 20000 stub card? Total idiots ruin the market.
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If they move quickly than an 1000 stub profit on a 20000 stub card is more than acceptable. Volume over Margins for me any day of the week
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I've flipped 1,107 cards this year with a 20K+ base rate.
140 times, I've earned less than 1,000. Including once when I accidently lost 193 stubs on a misplaced Eloy Jimenez sell order.
Count me satisfied. (Not about the Eloy sell. Still kinda miffed.)
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Let me give an example...if the sell now on Acuna Jr is 20175 and the buy now is 30350, why on earth would somebody list 15 of them at a price of 24755? These are just arbitrary numbers but you get what I'm saying. It makes less than zero sense.
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Most who flip cards seriously with 2 to 3 hours put into it will normally choose to do this with cards that brings in a profit from 3,000 to 10,000 stubs. It is done best with Diamond Equipment. 2 to 3 times a week I will invest 2-3 hours of my time each time. I look for cards that has a 3K to 10K spread between Buy Now & Sell Now. With each of these sessions I do I come out earning a total of 200K to 400K stubs based on how fast cards are flipped in that time.
Example is the "Tatis 23" Diamond Bat. Buy Now is 12,548 & Sell Now is 6,180. Profit after 10% loss is 5,113 stubs. I place a Buy order 1 & once bought I immediately put it up for sale & as well immediately put in an other Buy Order. This way I start streaming a pipe line of it being bought & sold continuously until I'm ready to start ending my session & stop my buy orders & just finish selling off any I have left. Doing that repeatedly 5 to 10 times within 2 to 3 hours gives me 25K to 50K just with that 1 card. I will have this going on with 8 to 12 different Equipment cards all at the same time & thats how I get 200K to 400K each time.
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Any of you want to run my stock portfolio
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A admin locked this topic on
