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Flipping Strategy

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  • GooseOnEm_PSNG Offline
    GooseOnEm_PSNG Offline
    GooseOnEm_PSN
    wrote on last edited by
    #1

    Curious what your strategies are with the market the way it is right now. Equipment has the biggest margins at the moment but it is so competitive that you have to check every few minutes due to people under cutting you.

    I made about 20k yesterday flipping Drew Rasmussen but I need more lol. I want that Beltran without going into debt.

    1 Reply Last reply
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  • PAinPA_PSNP Offline
    PAinPA_PSNP Offline
    PAinPA_PSN
    wrote on last edited by PAinPA_PSN
    #2

    No strategy at this point other than be there at the right time and be fast.

    GooseOnEm_PSNG 1 Reply Last reply
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  • GooseOnEm_PSNG Offline
    GooseOnEm_PSNG Offline
    GooseOnEm_PSN
    replied to Guest on last edited by
    #3

    @PAinPA_PSN

    Hard to devote the time and energy to be there and be there fast when you have a full time job lol.

    PAinPA_PSNP 1 Reply Last reply
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  • PAinPA_PSNP Offline
    PAinPA_PSNP Offline
    PAinPA_PSN
    replied to Guest on last edited by PAinPA_PSN
    #4

    @GooseOnEm_PSN said in Flipping Strategy:

    @PAinPA_PSN

    Hard to devote the time and energy to be there and be there fast when you have a full time job lol.

    Put the app on your phone and flip when the boss isn't looking.
    Oh,you are the boss....then flip when you aren't looking.

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  • aaronjw76_MLBTSA Offline
    aaronjw76_MLBTSA Offline
    aaronjw76_MLBTS
    wrote on last edited by aaronjw76_MLBTS
    #5

    Posting flipping strategies on an open forum is a sure fire way to kill that strategy for everyone.

    More people playing the game, opening packs, buying stubs = more and better flipping opportunities.

    Stable flipping has always been about low profit (100-500 stub profit per flip) and high volume. This is how I've flipped 10's of millions of stubs the past 4 years with, frankly, relatively little time and effort. I would spend at max 15-20 mins placing buy/sell orders on 100 cards at a time, let it sit for an hour, come back and cancel what didn't complete, list what did complete, do another round of buy/sell orders, rinse and repeat. Maybe an hour tops across a full day but never more than 15-20 mins at a time actively working the market.

    This year has been different so far as volume is down which suggests, to me, less players but who knows for sure.

    GooseOnEm_PSNG 1 Reply Last reply
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  • GooseOnEm_PSNG Offline
    GooseOnEm_PSNG Offline
    GooseOnEm_PSN
    replied to Guest on last edited by
    #6

    @aaronjw76_MLBTS

    See this helps… I think I am too hung up on instant profit instead of slow and steady. I will change my approach and see how it goes

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  • Loyal Wiglaf_XBLL Offline
    Loyal Wiglaf_XBLL Offline
    Loyal Wiglaf_XBL
    wrote on last edited by
    #7

    Volume is probably the only reliable way. SDS has worked to nerf flipping the past few years and it's working.

    1 Reply Last reply
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