# Placing Trades

### **When a user trades on EveryX, they decide three main things:**

1. Which Event and Outcome they want to trade.
2. Trade size (how much cash to risk).
3. Leverage and stop-loss level (how aggressively to amplify the position, and where to cut losses).

### **The interface focuses on probability, not prices:**

* Users see the current probability (%) of each Outcome
* They choose how much to risk and whether to use leverage
* They set a stop-loss probability for their position

### **When the Event resolves:**

* If the user picked the correct Outcome, they receive a payout from the losers
* If the user picked the wrong Outcome, they lose the cash portion they put at risk (or less, if they closed early)
