{{ block title }}
    Instructions
{{ endblock }}
{{ block content }}

 <!--
  <p>
     <b>Background Information</b>
      <br>
     You recently participated in a trading game on Prolific.
      This is a follow-up study to better understand your trading decisions in the trading game.
  </p>
  -->
  <p>
      The experiment consists of 10 rounds.
      <br>
      In each round, you will be allocated a stock in period 0.
      You will then hold the stock and observe the stock's performance until period 10.
      {{ if player.participant.treatment == "experience" }}
        In particular, you will observe the per period return as well as the overall investment return from period 0 until the respective period in each period.
      {{ else }}
        In particular, you will observe the per period return as well as the overall investment return from period 0 until the respective period for each period.
      {{ endif }}
      <br>
      {{ if player.participant.incentive == "beliefs" }}
        After period 10, you will be asked to predict the stock's return in the next period. You will also be asked a few additional questions.
      {{ else }}
        After period 10, you will be asked to make an investment decision. You will also be asked a few additional questions.
      {{ endif }}
      <br>
      This will be repeated for 10 stocks which are independent of one another.
  </p>
  <p>
      {{ if player.participant.incentive == "beliefs" }}
        In addition to the participant fee, you can earn a bonus payment that depends on your prediction in one of these 10 rounds.
      {{ else }}
        In addition to the participant fee, you can earn a bonus payment that depends on your investment decision in one of these 10 rounds.
      {{ endif }}
    Press "Next" to receive more information about your bonus payment.
  </p>
    <br>
    {{ next_button }}







{{ endblock }}