# Fortell Academy: the staged path to funded forecasting

Three levels, 13 lessons. Source: https://api.fortell.finance/learn

## Level 1: Basics

From zero to your first call, no jargon assumed.

- What a prediction market is - Shares that pay $1 if you are right. Prices that are probabilities. (https://api.fortell.finance/learn/what-is-a-prediction-market, markdown: https://api.fortell.finance/md/what-is-a-prediction-market)
- The venue Fortell trades, and the one it does not - Jupiter Forecast, USDC settlement, and why World is off the board. (https://api.fortell.finance/learn/how-world-works, markdown: https://api.fortell.finance/md/how-world-works)
- Reading prices like probabilities - The one mental move that separates traders from gamblers. (https://api.fortell.finance/learn/reading-odds, markdown: https://api.fortell.finance/md/reading-odds)
- Your first calls, and what they cost - Two free practice buys, then a paid challenge. Know the shape before you spend one. (https://api.fortell.finance/learn/your-first-calls, markdown: https://api.fortell.finance/md/your-first-calls)

## Level 2: Fundamentals

The math and the microstructure that decide who is left after 100 calls.

- Calibration: what a price is claiming - A price is a testable claim about frequency. Test it before you trade against it. (https://api.fortell.finance/learn/calibration-curve, markdown: https://api.fortell.finance/md/calibration-curve)
- Closing line value: the metric that outruns luck - P&L says what happened. CLV says whether you were right to do it. (https://api.fortell.finance/learn/closing-line-value, markdown: https://api.fortell.finance/md/closing-line-value)
- Know the venue: how your order actually fills - One AMM, no order book, a stale-quote rule and a cent of friction. The microstructure in plain language. (https://api.fortell.finance/learn/the-dealer, markdown: https://api.fortell.finance/md/the-dealer)
- Bankroll management for binary markets - A real 60% edge still loses four times in ten. The rails are built around that, and so should your sizing be. (https://api.fortell.finance/learn/bankroll-for-binaries, markdown: https://api.fortell.finance/md/bankroll-for-binaries)

## Level 3: Practical

The rails, the honest odds, and what a funded seat actually pays.

- Favorites, and the band you are allowed to trade - The classic mispricing is real in some markets. Whether it is real here is unmeasured, and the rails narrow where you can look. (https://api.fortell.finance/learn/overpriced-favorites, markdown: https://api.fortell.finance/md/overpriced-favorites)
- Longshots, and why the band cuts them off - The cheap tail is where variance lives. On Fortell you cannot buy it, and that is deliberate. (https://api.fortell.finance/learn/tail-value, markdown: https://api.fortell.finance/md/tail-value)
- Sizing inside the rails - The caps are not advice. They refuse the order, and one of them dominates the rest. (https://api.fortell.finance/learn/sizing-and-capacity, markdown: https://api.fortell.finance/md/sizing-and-capacity)
- Luck vs skill: what the fscore measures - One trader made $500 on one call. Another made $300 over two hundred. The score can tell them apart. (https://api.fortell.finance/learn/luck-vs-skill, markdown: https://api.fortell.finance/md/luck-vs-skill)
- Capstone: the challenge, the seat and the claim - What you are buying, what decides it, and how the money actually reaches you. (https://api.fortell.finance/learn/the-proving-ground, markdown: https://api.fortell.finance/md/the-proving-ground)