Making Your First Event Prediction | Event Contracts | Tradovate

Event Contracts provide daily opportunities to make predictions onup or down price moves in some of the world’s benchmark futures markets, including the E-Mini S&P 500, E-Mini Nasdaq 100, Gold, Crude oil and more. This quick video guide demonstrates how simple it is to make your first prediction with just a few clicks in the new Tradovate app. First, choose a market. You can choose markets from several categories including Indices, Energies, Currencies, and Metals. Let’s choose the E-Mini S&P500, one of the world’s most actively traded indices. Here you can see a real-time price chart showing the current market price in black and a potential closing market price for day in blue (here). Scroll along under the chart to see to see additional, potential closing price levels. For each Event Contract, a correct prediction is worth a $20 payout. The amount required to purchase a contract varies based on the likelihood of success. Incorrect predictions have a $0 payout which means your cost in these cases would be the amount you paid to make the prediction. For example, let’s choose this price and predict that the E-Mini S&P500 will finish OVER that price for the day by clicking “YES”. The cost for making the prediction is indicated here, and if you’re right, you’ll win $20.Predictions expire daily at market close and you never risk more than the price you paid. That’s all there is to it. Welcome to raising your game. Play. Daily. Market Action. Learn more at Tradovate.com/Predict