Can I bid both on Yes and No shares at the same time on the same event?
Yes, you can bid on both positions and hedge your positions. Feel free to exit the unfavourable position when you are more certain about the outcome of the event.
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Event Dynamics & Portfolio Management
Understanding shares and contracts is vital for navigating the TradeX platform effectively. This article explores the concept of event shares and provides insights into managing your portfolio efficiently. Understanding Event Shares Event shares ...
What is event shares?
In TradeX, "share" typically refers to a unit of ownership in a specific event outcome or market. TradeX is a platform for trading on the outcomes of future events, such as political elections or economic indicators. When you buy a share in TradeX, ...
How to buy shares?
You can select a particular event on which you want to bid from the home tab. After choosing the event, select the desired option between Yes and No. You can match an existing open bid or place a new bid at the ongoing price.
How should I decide whether to bid in the event or not?
TradeX is a game of skill. Although you don't need prior knowledge of stock market trading for using TradeX, you do need to know about the category you're trading in. If you think you have adequate knowledge and can predict the outcome of a ...
Why does the sum of Yes and No price on certain events above 100?
If you're wondering why the sum of yes and no price on any event goes above 100, then you're at the right place. The phenomenon you're describing is called a "market spread". In the context of TradeX, this spread indicates the difference between the ...