> For the complete documentation index, see [llms.txt](https://foregate.gitbook.io/foregate-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://foregate.gitbook.io/foregate-docs/market-types-and-mechanisms/events-and-matches/event-market-details.md). # Event Market Details ForeGate Core Prediction Feature Guide & Operation Manual ✨ ## Welcome to ForeGate! Prediction trading is simple: First, find an event you're interested in on the **Market Page** and navigate to its **Trading Page**. Then, select the outcome you believe will happen (e.g., "Yes" or "No"), enter the amount you wish to bet, and confirm your order. Your order will then enter the market for execution. Afterward, you can monitor your positions and profit/loss in the **Overview Tab** at any time. When the event expires, the platform will settle based on the actual outcome. Each correct prediction share will yield a return of $1.\
#### 1. **Before Trading: Browse & Select** On the [**Ongoing Prediction Market** ](https://www.foregate.com/market/events), you can browse all ongoing prediction events, such as U.S. elections or sports events. Click on an event you're interested in to access its dedicated **Prediction Tab**. On this page, you’ll first need to **select the market title/event** to clarify the specific question you’re predicting. Then, **choose the outcome**—whether you believe the answer is **Yes** or **No**. #### 2. **During Trading: Place & Confirm Orders** After selecting your direction, the next step is to **enter your bet amount**. Note that you are purchasing **shares**, with prices fluctuating between $0 and $1. The closer the price is to $1, the higher the market perceives the probability of that outcome occurring. Once you’ve entered the amount, carefully **review the order details**, including your predicted direction, transaction amount, and estimated cost. If everything is correct, confirm the order, and it will be matched for execution. #### 3. **Managing Positions: Monitor & Adjust** After your order is successfully placed, you can find all your open positions in the **Overview — Active Tab**. Here, you can: * **View Positions**: Understand the scale of your holdings in the current event. * ```

``` * **Check Current Average Price**: See your average holding cost. * **Monitor Market Spread**: Assess the current bid-ask liquidity and market depth. * **Track Current Prediction Returns**: Keep up with the latest developments in the event and shifts in market sentiment. #### 4. **At Settlement: Await Results & Returns** When the event reaches its deadline, it enters the settlement phase: * First, the platform will **propose a result** based on predefined rules. * This is followed by a **Challenge Period (2 hours)**, during which any user with an open position can dispute the proposed result to ensure fairness. * After the challenge period, the official team will **verify the data source** and **confirm the final result**. * Once the result is confirmed, the market will officially **resolve/settle**. * Finally, the system will **calculate user profits/losses**: * If your prediction is correct, each share you hold will be valued at $1. * If your prediction is incorrect, the value of your shares will become zero. ***

Term	Definition / Explanation
^{Market title}	The central query or event being predicted. Example: "Will US 10Y Treasury yield above 5% by June 30?"
^Outcomes	Possible results or answers to the market question, represented as tradable options. Example for the above question: Outcome 1: YES Outcome 2: NO
^{Example for the above question}	Outcome 1: YES & Outcome 2: NO
_{Order Book}	An Order Book is a ledger that lists all buy and sell orders for a specific market, organized by price. The order book is centralized for efficiency and transparency, with trades being matched offchain and settled onchain.
^{Buy Orders}	Represent bids - prices that traders are willing to pay for an asset
^{Sell Orders}	Represent asks - prices that traders are willing to accept for an asset.
^Spread	The gap between the highest bid and the lowest ask is called the Spread, indicating the liquidity and competitiveness of the market.
^{Market Orders}	Execute trades immediately by matching with the best available prices in the order book.
^{Limit Orders}	Specify a maximum price for buying or a minimum price for selling, which may not be executed immediately if no match is found.
^{To Win}	Number of shares x $1 (maximum value per share).
^{Avg Price}	Current average price per share.
^{Market Process}	The process of settling the predicted market.
^{Bet on the Market}	Users place bets on the predicted market.
^{Market Close}	Predict that the market has reached the set deadline, and users will no longer be able to place bets on this market.
^{Outcome Propose}	If the result of a market is clear, the market can be “resolved,” or permanently finalized.
^{Challenge Period}	After the market closes, it automatically enters a 0.5-hour challenge period. Users holding shares in the market can raise objections to the resolution during this period, but they must pay a certain fee and provide data sources.
^Verifying	The operation team verifies the resources and resolves the market with the final resolution.
^Dispute	Refer to the result of the dispute, it will be Yes or No.
^{Final Outcome}	The result of a market becomes clear when there is a final outcome, the market will be “resolved”.
^Rules	A detailed explanationof the market question, including any specific rules or context. Example: If the yield of the US 10-Year T-Bond is greater than 5.000% at any time between December 28, 2024 and market close on June 30 2025, this market will resolve to “Yes”. Otherwise, this market will resolve to "No". The resolution source for this market will be investing.com's reporting. The resolution will be based on the values listed in the column labelled “High” in rows titled by dates within this market's timeframe.

#### FAQ – You Might Want to Know

Q：How do I get started?

👉To get started, browse the list of markets and select an event that interests you. On its market page, you can place a trade by choosing 'Yes' or 'No', entering your desired investment amount, and confirming the order.

Q：Where can I see my orders?

👉 Once your orders are executed, you can review all your current holdings and past activity in the "Profile" or "Overview" section. This dashboard displays key details such as your average entry price and the position's current value.

Q：When a user asks "When will the outcome be known?"

👉Final outcomes are established after the event's resolution date. The process involves an initial result proposal by the creators, followed by a 2-hour challenge period for verification. Once the outcome is confirmed, settlements occur automatically, and profits are distributed to holders of the correct shares.

Q：How is profit calculated?

👉Your profit is determined by the number of winning shares you hold. Each share settles at $1 if correct. * **Example:** If you buy 10 "Yes" shares for $0.30 each (total cost: $3) and the "Yes" outcome occurs, your 10 shares are worth $10. Your net profit is **$7** ($10 - $3).

***