Skip to Content
TradingBuying & selling

Buying and selling

You can buy either YES or NO shares. Buying creates a position in the outcome you chose. Selling reduces a position you already own.

Buying YES or NO

Use the market question to decide what each side means.

For the example market, Will Tallinn reach 25°C on 1 August?:

  • Buy YES if you want a position that pays €1 per share when the stated temperature condition is met.
  • Buy NO if you want a position that pays €1 per share when the condition is not met.

Buying NO is not the same action as selling YES. Buying NO creates a NO position. Selling YES closes some or all of YES shares that you already own.

Selling before resolution

You do not have to keep shares until the market resolves. You can offer to sell them while trading is open.

Suppose you bought 10 YES shares at 58 cents each. Later, other traders are willing to buy YES at 70 cents. If you sell all 10 shares at that price:

  • Your sale proceeds are €7.00 before any applicable fee.
  • Your purchase cost was €5.80 before any applicable fee.
  • Your trading gain is €1.20 before fees.
  • You no longer receive a payout when the market resolves because you no longer hold those shares.

You can also sell only part of the position. Any shares you keep remain yours and will be settled according to the final result.

A sale needs a buyer

Selling is possible only when another trader is willing to buy at an acceptable price. If there is little liquidity, you may need to:

  • Accept a lower price.
  • Sell fewer shares.
  • Place a limit order and wait.
  • Keep the shares until more buyers appear or the market resolves.

A displayed market value is therefore an estimate. It does not guarantee that you can sell your full position at that price.

Completed trades cannot be reversed

You can cancel an open order that has not filled. You cannot cancel or reverse a completed trade.

Review the side, number of shares, expected average price, fee, and total before confirming. If you change your view after buying, you can try to sell the shares, but the available price may be higher or lower than the price you paid.

You can sell only shares you own

Juhus does not support short selling, leverage, or margin. You cannot sell more shares than you have available. Buying the opposite side creates a separate position instead of borrowing shares.

See Market and limit orders for the difference between trading at available prices and choosing your own limit price.

Profit, loss & payoutsMarket & limit orders