Thursday, October 02, 2008

Adding to the Collective Wisdom

Possibly subtracting.

I've finally joined Intrade.net, where I received some credit for enrolling. My username is "nofreelunch" if you see me on the trading floor.

Any suggestions for what market I should create? I'd like to do something policy oriented, like "GDP will grow 2.5% in 2009 conditional on X."

It's too late for X=bailout I think, but I'd be interested to hear any suggestions you might have.

3 comments:

Anonymous said...

I joined as well, but is it legal to trade there if residing in the US. I was confused about the law.

Justin M Ross said...

I'm not sure why they seem to be allowed to do this, but others are not.

Justin M Ross said...

Update: I guess I joined the Beta version, which apparently is the fake counterpart of intrade. Apparently it is illegal for US residents to join the real version.