Forecasting Project Guide


Introduction

This webpage will provide you with the information you need to get started and suceed at the Prediction Market project. To logon to the prediction market project and begin trading, visit http://fi40082015.inklingmarkets.com. The full project specification can be accessed here. Further information can be found below in the form of Hints and Tips to allows you to improve your forecasting, and an FAQ section which addresses the most commonly asked question. If you are still have difficulties you can use the form at the bottom of the page to submit a question, or email Patrick.Buckley@ul.ie

Hints and Tips

  • The best way of performing well in this project is to simply correctly forecast what the price of the relevant indices will be at the end of the week.
  • Remember, there are marks in this project are for participation. You gain participation marks by making at least 5 trades each week and explaining why you traded. It is important that you stay engaged with the project
  • You can maximise profits by making the correct prediction before everybody else. The sooner you buy the correct option, the greater your eventual return on investment will be.

Tradable Assets

ISEQPrices Here
Dow Jones Industrial Average Prices Here
CAC Prices Here
FTSE 100 Prices Here
Nikkei 225 Prices Here
DAX Prices Here
Brent Crude Oil Prices Here
Gold Prices Here

Frequently Asked Questions

How do I see what questions are available?

How do I trade?

How do I see my current status?

How much do I get for forecasting correctly?

How is performance calculated?

I've ran out of cash to trade. What can I do?

I am happy with the forecasts I have made and don't want to change them, but I need to trade to get performance marks. What do I do?

Where can I find out more information on how prediction markets work?