Beginners' Guide to Succesful Trading
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Contents:
Introduction
What is Essential When Buying/Selling?
- Way of Communicating
- A Vouch thread
- Knowledge of the Sythe Rules
- Knowledge of the Stickies
Buying a Product/Service on Sythe
- Finding the correct section
- Finding the correct salesman
- Deeming whether your salesman is trusted
- Ranks
- Vouches
- Professionalism
- Contacting your salesman
- Sorting out details
- Security and Scam-Prevention
- Asking for a Private Message
- Using a Middleman
- Recording the Trade
- Payment and Delivery
- If you're going first
- If the seller is going first
- Using a Middleman
- Vouching
Selling Your Product/Service on Sythe
- Finding the Correct Section
- Creating your Thread
- What to Include in my thread?
- Waiting for your Buyer
- How to know when someone posts on your thread
- Bumping
- Communicating with your Buyer
- Security and Scam-Prevention
- Asking for a Private Message
- Using a Middleman
- Recording the Trade
- Payment/Delivery
- Vouching
What to Do When you Get Scammed and How to Prevent it
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Introduction:
Sythe’s black-market, buzzing and active, is what attracts many traders from across the Internet. Learning how to function properly on these markets will increase your chances of making a great trade and help you build trust and respect among the community. Unlike many other sites, most traders on Sythe are friendly and honest; however, there are a couple of people on Sythe who will try to steal your money: Scammers. This guide will help you understand how the market works, how to conduct yourself in the market, how to avoid scammers and of course, make a great trade.
The Market can be found on the Sythe homepage, and by clicking on it, you will open yourself to many subtopics/sections and connect yourself to hundred’s of interested buyers/sellers.
What is essential when buying/selling:
1)
Way of Communicating
To be an efficient buyer/seller on Sythe, you are going to need to communicate. The most popular way of communication on Sythe is through: MSN (Windows live messenger). Besides msn, you can communicate through Skype, AIM, ICQ, Yahoo and sometimes-even text/call!
2)
A Vouch Thread
Before you start trading, you should create a vouch thread. You can create one here:
http://sythe.org/newthread.php?do=newthread&f=518
You only need and only should have one vouch thread! The purpose of a vouch thread is so that buyers/sellers can post feedback on their trading experience. Your vouch thread should be easy to find, this is courtesy to future buyers/sellers.
You should lay your vouch thread out like below:
3)
Knowledge of all Sythe Rules Before conducting a trade, you should know and be aware of all the sythe rules. Ignorance is not an excuse
Educate yourself here:
http://sythe.org/showthread.php?t=148431
4)
Knowledge of the Stickes Before trading in a certain subsection, you must be aware of all the subsections rules. Rules in a subsection does not nescessarily apply to other subsections. Again, ignorance is not an excuse.
Buying a Product/Service on Sythe
1) Finding the correct section. Upon entering the market section, a list of sections will be presented. Choose the section in which you would like to do business in.
2) Finding your salesman. After choosing your section, you need to find someone who is willing to sell his or her product/service to you. Pick the thread of your choice.
3) Deeming whether your salesman is trusted. When you’ve found the right seller, before proceeding to contact him/her, you should check the following:
4)Contacting your salesman:
When you are sure that you've found your guy, contact him. His contact info should be clearly marked on his thread or signature.
*MAKE SURE YOU HAVE ADDED THE CORRECT PERSON*
5) Sorting Details Out:
When talking to your trader , it is important that you make sure that you have the correct price. Usually, the seller with give you a small briefing of how the trade will go down. Try to ask questions like: Who is going first? Can we use [Name] as a Middleman?
6) Security and Scam-Prevention: Read this step with utmost attention, because it can save your money and save a moderators time.
Asking for a Private Message
Before you pay your salesman, you should ask for a Private Message or "PM". Your salesman will message you privately on Sythe, with either a chat log of your conversation or evidence that he is talking to you. This is to make sure that you are talking to the right person. A legitimate salesman will not refuse a PM. When talking to seller who refuses a PM, don't trade; he is most likely an impostor.
Using a Middleman:
Also, to prevent scamming, Sythe uses a Middleman system. This is when you allow someone who you deem extremely trusted to hold both parties goods. He will give the buyer their product and give the seller their money. Using a Middleman decreases the chances of you getting scammed. It is highly recommended that you use a Middleman for all trades.
Recording the Trade
Throughout the trade, you should be recording the trade (screen shots/screen recorder). The reason for recording your trade is to ensure that the trader will be banned if he tries to/successfully scams you. These records act as evidence.
7) Paying and receiving:
If you're going first: After going first, the seller should tell you where to meet for the delivery of your product. If for a service, after you give the details requested by the seller and the service has been payed for, the seller should give you details of when the order will finish. You should be sure that you trust the seller.
If the seller is going first:: After the seller has completed the delivery or service, you must verify that it has been completed, then proceed to pay the agreed amount. If you refuse to pay when the order has been completed, you will be banned.
Using a Middleman:: When using a middleman, he should give you clear instructions on how he is going to conduct the trade.
8) Vouching: After the trade has been completed, Most users will ask you to vouch for them. What they want is for you to go to their thread and post a concise comment/feedback on how the trade went. Was it fast? Was it smooth? Were there any problems? Should I let the next customer know something important? The better you answer these questions, the better your vouch will be.
Selling your Product/Service on Sythe.
1) Finding the Correct section: It is important that you find the correct sub-section. This way, you will be advertising your product/service to interested buyers.
2) Creating your Thread: After choosing the correct subsection, you're going to want to create your thread. To create your thread, press the
on the top left of the Sythe website.
What to include in my thread?
Obviously, you should include your prices and the type of services you offer.To have a successful sales thread, remember to maintain professionalism - use decent grammar and non-explicit languange. Also please include links to both your vouch thread link and your contact information.
3)Waiting for your buyer.
While waiting for your buyer, you can browse around the forum or do various other activities. However, try not to get too sidetracked, otherwise you might keep the buyer waiting for too long.
How to know when someone posts on your thread:
So you can keep track of your thread, aswell as know when someone posts on it, you should subscribe to your own thread. To subscribe, you need to go to the top right of your thread, and press the tab "Thread Tools" a drop down menu will appear, you must then press "Subscribe to this thread"
Bumping
While watching your thread, you might notice it move down the list. A way to move it back up the list is to have someone post on your thread, or you may bump it once every 24 hours.
4)Communicating with your buyer
It is important to ensure that both parties are clear with the details: price, delivery etc. You should connect through an active messaging system
5) Security and Scam-Prevention: Read this step with utmost attention, because it can save your money and save a moderators time.
Asking for a Private Message
Before you deliver your product/start your service, you should ask for a Private Message or "PM". The buyer will message you privately on Sythe, with either a chat log of your conversation or evidence that he is talking to you. This is to make sure that you are talking to the right person. A legitimate buyer will not refuse a PM. When talking to buyer who refuses a PM, don't trade; he is most likely an impostor/scammer.
Using a Middleman:
Also, to prevent scamming, Sythe uses a Middleman system. This is when you allow someone who you deem extremely trusted to hold both parties goods. He will give the buyer their product and give the seller their money. Using a Middleman decreases the chances of you getting scammed. It is highly recommended that you use a Middleman for all trades
Recording the Trade
Throughout the trade, you should be recording the trade (screen shots/screen recorder). The reason for recording your trade is to ensure that the trader will be banned if he tries to/successfully scams you. These records act as evidence.
6) Payment/Delivery
If you're going first: You should make sure that you fully trust the buyer. Check their ranks and vouches before you proceed
If they're going first: After receiving payment, deliver your product/ start your service. If you fail to do so, you will be banned.
Using a middleman: The Middleman will brief you on the way he/she would like the trade to go down. Make sure you can trust this person.
7) Vouching
After the trade it's common courtesy to post a comment on the buyers vouch thread. You should also comment on the trade: Was it fast? Was it smooth? Were there any problems? Should I let future traders know something important? The better you answer these questions, the better your vouch will be.
What to Do When you Get Scammed and How to Prevent it
"If you get scammed for whatever reason, navigate to the bottom of the index page to the Report a Scammer forum (or click here:
http://www.sythe.org/forumdisplay.php?f=253).
Make sure you have sufficient, legitimate evidence to prove that you were scammed. Failure to do so will result in your report beging ignored.
Read every sticky then make a report following the guidelines of the stickies. Keep in mind that it may take a while for the report to get tended to, but the main purpose of the section is for the reference of other traders. Before you make a trade, you should always search the name of the other trader in the Report a Scammer section and see if there are any reports on them. This could help prevent you from being scammed." quote from MegaMatt, ex-mod.
Goodluck with future trades!
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Formatting this was a pain in the ass.
I didn't proof-read it yet. I'm pretty sure there are tons of typo's and grammatical mistakes.
Anyfeed back would be lovely!