Frequently Asked Questions
Participating In Markets
- What Method Do You Use For Trading Markets?
- We chose to use the Automatic Market Maker method (as opposed to the more complex Book Order method). Specifically, we use the LMSR market maker, which has been proven to be very effective.
- Who Can Participate?
- Participating in markets (also referred to as ""trading"") is open for everyone - on all public markets. Public markets are all markets on the public marketplace, and those on public groups.
- Does Participating Require Any Experience?
- No - participating in Qmarkets is as easy as filling in a survey. Just find the questions (markets) you are interested in, and choose what you believe will happen. If you think 'Hillary Clinton Will Win Next Election', just go to that market, and press the 'Hillary Will Win' button. It is as simple as that!
- How Come Qmarkets Is So Easy To Use?
- Unlike some other prediction markets sites, we feel that users should not have a PhD in Economics in order to make their opinion count. That's why we chose an interface that hides all the complexities of 'classic' prediction markets, while keeping the accuracy & efficiency of this tool.
- Why Should I Participate (Trade) A Market?
- Participating is a fun way of letting your voice be heard, and even getting something in return. Find the topics you are interested in, and participate in those markets. Join Public Groups that fit your area of expertise or interest, and trade their markets. The More Qmoney you earn in markets, the more you can participate and influence the final results of the markets.
- Why Do You Call This Trading?
- Prediction markets behave like stocks in a stock market (or actually like options), so that's where the term 'trading' comes from. However, at Qmarkets we have simplified this process, so that no trading expertise or knowledge is required - just choose the result/answer you believe in, and that's it.