Trading¶
This page covers how to actually buy, sell, and manage positions on Parti.
Buying a position¶
- Open a market and read the question carefully — note exactly what makes it resolve YES.
- Pick YES or NO.
- Enter an amount (how much USDG to spend) or a number of shares.
- The app shows you three numbers before you commit:
- Cost — what you'll pay now.
- Payout if you win — shares × $1.00.
- Fee — a small trading fee, shown up front.
- Tap Buy.
Your position appears in your portfolio immediately.
Selling a position¶
You're never locked in. Open your position and tap Sell to close all or part of it at the current market price. Selling is how you:
- Lock in a profit when the price has moved your way.
- Cut a loss if you've changed your mind.
- Free up cash to withdraw or to trade elsewhere.
Order types¶
For most people, the default Buy / Sell buttons are all you need — they fill right away at the best available price (a market order). If you want more control, Parti also supports limit orders:
| Order | What it does | Use it when |
|---|---|---|
| Market | Fills now, at the best prices on the book | You want in or out immediately |
| Limit | Rests on the book at the price you name until someone takes it | You have a target price and can wait |
A limit order may fill partially, fully, or not at all — it only executes at your price or better.
The order book and price¶
Each market has a live order book showing the best buy (bid) and sell (ask) prices and how many shares are available at each. The price you see on a market card is the latest traded / mid price. The book updates in real time as people trade.
Larger orders can "walk the book" — filling part at the best price and the rest at slightly worse prices. The app shows your average fill price so there are no surprises.
Fees¶
Parti charges a small fee on trades, always shown before you confirm. A portion of fees can be shared with creators and referrers, but the price you're quoted already accounts for the fee — you never get charged a hidden amount after the fact.
Tips for good trades¶
- Read the resolution criteria. Two similar-sounding markets can settle on very different conditions.
- Mind the spread. If the gap between buy and sell prices is wide, a limit order may get you a better fill than a market order.
- You can't lose more than you put in. Your downside on any share is capped at what you paid for it.
Next: Resolution & payout →