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On Kalshi, letting profits run vs. taking it too early
Was in a position on a Kalshi event a while back, something about an economic data release not moving the needle as much as the market priced in. My initial read was solid, got in at a good entry and saw it move favorably. Had a decent profit on paper, but I closed it out prematurely, not even close to maxing out the contract, because of some minor volatility. The event ultimately settled further in my favor, leaving a lot of money on the table. It's a classic case of taking a small win out of fear of it disappearing, rather than trusting the analysis and the setup to play out, especially on a platform where the settlement is binary.
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