> ## Documentation Index
> Fetch the complete documentation index at: https://docs.frenflow.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Your First Prediction Market Trade

> Step-by-step guide to placing your first trade on FrenFlow. Find a market, buy shares, and manage your position.

<Frame>
  <img src="https://mintcdn.com/frenflow/lbMKgujQoWr_nO1k/images/first-trade.webp?fit=max&auto=format&n=lbMKgujQoWr_nO1k&q=85&s=66f4922f9ddcc270ad28457bf5dc7377" alt="Your First Trade" width="800" height="400" data-path="images/first-trade.webp" />
</Frame>

## <span style={{color: "#baf820"}}>Before You Start</span>

Make sure you have:

* An account with [trading enabled](/guides/getting-started#step-2-enable-trading)
* USDC in your wallet (at least \$5 to start)

## <span style={{color: "#baf820"}}>1. Find a Market</span>

Open [frenflow.com](https://frenflow.com) and browse the markets. For your first trade, pick something you have an opinion on — a crypto price prediction, a sports outcome, or a political event.

<Tip>
  Start with markets that have **high volume** (shown on the market card). Higher volume means better liquidity and tighter spreads.
</Tip>

## <span style={{color: "#baf820"}}>2. Understand the Market</span>

Every market is a Yes/No question. The price represents the market's **implied probability**.

**Example:** "Will BTC be above \$100K on July 1?"

* **Yes at 65¢** → Market thinks there's a 65% chance
* **No at 35¢** → Market thinks there's a 35% chance

If you buy **Yes at 65¢** and BTC is above \$100K on July 1, each share pays **\$1.00** — a profit of 35¢ per share (53.8% return).

<Frame>
  <img src="https://mintcdn.com/frenflow/lbMKgujQoWr_nO1k/images/market1.png?fit=max&auto=format&n=lbMKgujQoWr_nO1k&q=85&s=9d4efd4fea953cbb8a3499cb4e75705c" alt="Market Detail" width="401" height="275" data-path="images/market1.png" />
</Frame>

## <span style={{color: "#baf820"}}>3. Open the Trading Modal</span>

Click on the market to open the detail page. You'll see:

| Section           | What it shows                      |
| ----------------- | ---------------------------------- |
| **Price chart**   | Historical probability movement    |
| **Orderbook**     | Current buy/sell orders with depth |
| **Recent trades** | Latest trades from other users     |
| **Trading panel** | Where you place your trade         |

<Frame>
  <img src="https://mintcdn.com/frenflow/lbMKgujQoWr_nO1k/images/trade10.png?fit=max&auto=format&n=lbMKgujQoWr_nO1k&q=85&s=7d9cb90ece39e5767106c18cc2d90852" alt="Trading Panel" width="1617" height="877" data-path="images/trade10.png" />
</Frame>

 

Click **Buy Yes** or **Buy No** to open the trading modal.

## <span style={{color: "#baf820"}}>4. Place Your Trade</span>

<Steps>
  <Step title="Choose your side">
    **Yes** if you think it will happen, **No** if you think it won't.
  </Step>

  <Step title="Select Market Order">
    For your first trade, stick with **Market Order** (default). It executes instantly at the best available price.
  </Step>

  <Step title="Enter your amount">
    Type the dollar amount. For a first trade, **\$5–\$10** is a good start. You'll see:

    * **Shares** — How many shares you'll receive
    * **Avg price** — Your entry price per share
    * **Fee** — Platform fee (1%)
    * **Potential return** — What you'll earn if you win
  </Step>

  <Step title="Review and confirm">
    Check the numbers look right and click **Buy**. Your trade executes in seconds.
  </Step>
</Steps>

<Frame>
  <img src="https://mintcdn.com/frenflow/lbMKgujQoWr_nO1k/images/trade11.png?fit=max&auto=format&n=lbMKgujQoWr_nO1k&q=85&s=208cbe72f8073b79c3fdcac63e188aca" alt="Trade Confirmation" width="462" height="759" data-path="images/trade11.png" />
</Frame>

## <span style={{color: "#baf820"}}>5. Check Your Position</span>

After buying, go to **Portfolio → Positions** to see your trade:

* **Entry price** — What you paid per share
* **Current price** — What it's worth now
* **Unrealized PnL** — Your paper profit or loss
* **Sell button** — Exit anytime before the market resolves

<Frame>
  <img src="https://mintcdn.com/frenflow/lbMKgujQoWr_nO1k/images/positions.png?fit=max&auto=format&n=lbMKgujQoWr_nO1k&q=85&s=22e62b10d2385d4b46d05af1e91cdfb1" alt="Portfolio Positions" width="1010" height="237" data-path="images/positions.png" />
</Frame>

## <span style={{color: "#baf820"}}>6. What Happens Next?</span>

Two possible outcomes:

**You sell early** — If the price moves in your favor, you can sell your shares at the higher price and lock in profit. No need to wait for the market to resolve.

**You hold until resolution** — When the market resolves:

* 🟢 **You win** → Each share pays \$1.00. Go to Portfolio → click **Redeem**.
* 🔴 **You lose** → Shares are worth \$0. Better luck next time.

## <span style={{color: "#baf820"}}>Tips for Beginners</span>

<AccordionGroup>
  <Accordion title="Start small">
    Your first few trades are about learning the interface. Don't risk more than you're comfortable losing.
  </Accordion>

  <Accordion title="Check the orderbook">
    Before trading over \$50, look at the orderbook depth. If there's not much liquidity at the current price, you may get worse execution (slippage).
  </Accordion>

  <Accordion title="Try a limit order next">
    Once you're comfortable, try a [limit order](/trading/order-types). Set your own price and wait for the market to come to you.
  </Accordion>

  <Accordion title="Share your trade">
    After placing a trade, click **Share** to post it to the FrenFlow feed. Engage with other traders and earn Fren Points.
  </Accordion>
</AccordionGroup>