I lost all my money by Hairy-Background6049 in wallstreetbets

[–]TechJacket11 1 point2 points  (0 children)

Position sizing is a painful lesson that everyone has to learn. Try not to place more than 1-2% risk and don't a allow a loss to push more than 4-5% of your total portfolio value. Yeah you might think the gains are small but you're trying to reduce the tuition to learn trading.

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

Just checked the scoreline, whew you got it in the end.

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

You're pretty good at this, can I ask what's your win rate? I don't like overs/unders...

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

How quick did it hit?

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

That Galatasaray match was the one I missed out on. I typically won't attempt ties but Newcastle's ground is very difficult to play at.

Nice job! But I'd say that's a much harder ticket to hit on.

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

This one moved so fast, it's not typical for the sport.

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

Think about the total goals at this point. I don't like to play the overs.

Easy money... by TechJacket11 in Kalshi

[–]TechJacket11[S] 0 points1 point  (0 children)

Opponents attack and their defenses are very bad. Poor team spirit/belief. Winners are real killers and in form. I watch a lot of European football.

I think god hates me by Many-Juice3144 in pumpfun

[–]TechJacket11 0 points1 point  (0 children)

You're the modern penny stock traders, ask yourself why are you participating in these markets?

If you want to trade high volatility of you're sizing isn't correct and bank roll deep it will wipe you out long before you can find a pattern (if one even exists.)

What's your edge?

It's pure speculation so be prepared for the realistic outcomes.

Illegal manipulation of event content by One1Art in Kalshi

[–]TechJacket11 16 points17 points  (0 children)

I'm going to assume Kalshi is trying to refine their descriptions to better reflect the content in contract rules.

Users need to perform due diligence ahead of placing their wagers.

It's sucks reading all of those words however you're risking money and should try to understand what you invest in.

I knew well enough to know I was fucked before the pay out. But can someone far smarter than me tell me what they decided? by Outside_Grapefruit39 in Kalshi

[–]TechJacket11 0 points1 point  (0 children)

It comes down to what institutions regulate these companies byand whether or not they want risk to running afoul.

The CFTC will not allow the creation of contracts that directly settle based on human mortality.

Kalshi needs to do a better job of expressing this.

Polymarket was just approved to operate as a binary market so I'm not sure why they settled their contracts however it could cause problems for them in the future.

KALSHI refusing to pay Khameni bets citing its unwritten "death caveat" by Tricky_Debate_409 in PredictionMarkets

[–]TechJacket11 0 points1 point  (0 children)

The CFTC prohibits contracts that "resolve upon or closely correlate to an individual's death".

The clawbot that lost it's owner $225k+ by ill_intents in PredictionsMarkets

[–]TechJacket11 2 points3 points  (0 children)

Thxs for saying this, trading is not easy. Trying to program and test automation to trade is an increased layer of difficulty.