Free practice · Fictional scenarios
Understand the contract before the outcome.
Six questions on cost, payout, settlement and uncertainty. Then see every explanation.
Six short questions · No trade required
A payout is not the same as a profit.
Could you explain what you can lose, what you would receive, and when the result is confirmed?
Answer six questions, then see where your reasoning holds up. No trade or deposit required.
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Follow the money
Cost, total loss, net profit and selling early.
Read the condition
The event, the required source and confirmation.
Check your confidence
Probability, evidence and what remains uncertain.
Read the fictional scenario assumptions
Each example concerns buying fully paid binary contracts. A contract held through confirmed settlement pays $1 if its chosen outcome is true and $0 otherwise.
YES and NO refer to two mutually exclusive and exhaustive outcomes in these examples.
All stated fees are total dollar amounts for the whole example, not per-contract charges. Paid fees are nonrefundable, and no other fees or taxes apply.
Early sale is a separate transaction. A hypothetical sale calculation is not a promise that a buyer or that price will be available.
Numbers, people, events, prices and rules are fictional. No question recommends a trade or requires an account, deposit or purchase.
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Total cost = quantity × entry price + fees. Confirmed net result = payout − total cost. Passes have no financial result. Use official records for balances, settlement and tax reporting. This independent educational prototype does not connect to an exchange, recommend trades or certify readiness to trade.
Fictional exercises test stated assumptions, not live rules. Forecasts, outcomes and timing are self-reported. For support, contact us privately on Reddit. Please keep personal details out of public comments.