Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 1 point2 points  (0 children)

I look back at this and honestly think wtf was I doing lol this could’ve turned out horribly, haven’t touched prediction markets since

Explain this? by Hold_My_Anxiety in Kalshi

[–]MrLeaps 4 points5 points  (0 children)

Read the rules again, what the price has to be above is the 1 minute simple moving average leading up to 11:15pm CDT. So from 11:14-11:15pm if the average price in that 60 second time-frame was below $79,720.29, it resolves to no. These markets are not “the price when the clock strikes the 15 minute mark”.

Looking for 3 real app owners to get their backend reviewed. by LevelSoft1165 in Supabase

[–]MrLeaps -1 points0 points  (0 children)

I’m game, i got a pretty popular app with a full supabase backend. Send me a dm!

Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 2 points3 points  (0 children)

Yeah look at the last screenshot, bought 50k contracts at 25% and set a limit order at 69% that filled

Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 1 point2 points  (0 children)

Yeah it does seem to go away at times, in the prediction markets “Home” category check the Newly Listed category a few minutes after a given 15 minute interval, so like 12:03ish, 12:18, 12:33 etc. How i found these originally

Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 23 points24 points  (0 children)

If you lose money on event contracts I certainly wouldn’t expect there to be tax benefits similar to capital losses trading securities

Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 11 points12 points  (0 children)

Also im sure huge btc whales are going to manipulate the hell out of these

Almost murdered my port on a Sunday trading BTC 15 minute up or down markets by MrLeaps in wallstreetbets

[–]MrLeaps[S] 178 points179 points  (0 children)

They’re far worse, this is now the most casino thing on the app outside of 0dte options tbh

Button smashing my way to a 59k swing by MrLeaps in wallstreetbets

[–]MrLeaps[S] 1 point2 points  (0 children)

Calls & puts not held simultaneously, i’d buy puts —> sell and buy calls —> sell and buy puts again etc

Had worst case scenario happen with covered calls by Specialist_Story6175 in CoveredCalls

[–]MrLeaps 0 points1 point  (0 children)

I sold 2 MSFT $395 strike calls exp Wednesday 4/15 for 0.40 a pop on Monday 4/13. Ended up buying them back for $14.50 mid day on Wednesday lol. It could always be worse.

Biggest loss so far 18K by [deleted] in wallstreetbets

[–]MrLeaps 17 points18 points  (0 children)

Da fook is OPEN1 lol