Trading & Markets
How to trade on Lumina
8 articles
- Buying Yes vs. NoChoosing Yes or No can be less about whether the event happens than about whether the current price is wrong, and in which direction.
- How markets resolve and settleWhen a market's question has a definitive answer, contracts settle automatically: $1 per winning contract, $0 for the other side. Timing and edge cases.
- Managing your ordersWhere open orders live, canceling a working order, partial fills, why a limit order hasn't filled, and how order expiration works.
- Order types explainedMarket orders execute immediately at the best available price; limit orders set the price you're willing to pay. Expiration options: end of day or GTC.
- Placing your first tradeFind a market, read the resolution rules, choose Yes or No, set your order type, and confirm. Then monitor, close early, or hold to resolution.
- Prohibited trading practices and position limitsThe trading rules every Lumina trader agrees to: no manipulation, wash trading, or insider trading, plus how position limits and one-side-per-market work.
- What prices meanA contract's price reads as a probability: Yes at 40¢ means the market puts a 40% chance on the outcome. How prices are set, and when they can mislead.
- Finding markets you care aboutBrowse the Home feed by category or filter, follow live events, search by name, and keep a watchlist of the markets you want to track.