Positions

Positions

An open position is created whenever a player has an unbalanced number of buy wagers vs. sell wagers in a given market. If a player has bought more contracts than they have sold, they want the price to go up and the market to result as YES to be profitable. If a player has sold more contracts than they have bought, they want the price to go down and the market to result as NO to be profitable. The Position count aggregates all the contracts bought/sold in a given market so the player doesn't need to track hundreds of bet slips, we do the math for you!
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      A Player’s Position Risk is the aggregate amount of risk they currently hold in Open Positions.
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      A Player’s Portfolio Value is the current real money value of all of their holdings based on Market Prices. Their holdings include Available Balance, Open Positions, and Open Orders.
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      A Player’s Available Balance is the amount they have available to use in new Orders. It is the cash on hand that is not already tied up in other liability incurring Orders or Positions.
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      Should you no longer want to use your STX account, you can close your account. This can be done two ways: Close your account in the app. Email customer support. Close your account via the app To close your account on the app, click on the triple bar ...
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      STX shows prices on a 0 to 100 scale. Each market in the STX platform takes the form of a question that results in either a YES or NO. If the answer to the question is YES, contracts for that market will expire worth $100, and if the answer is NO, ...