Kalshi - That time I doubled down on a bad read

My biggest mistake on Kalshi, and it's a classic really, was letting a strong conviction get in the way of the market telling me I was wrong. I was playing a 'will X happen by Y date' contract, specifically around an economic data release I was sure would move a particular index north. Initial position was decent, but the early price action went sideways, then started to dip against my thesis. Instead of cutting my losses, or at least waiting for confirmation, I saw the dip as a better entry and doubled down. Figured it was just noise before the inevitable bounce. Spoiler: it wasn't noise. The index went the other way, steadily, and my doubled position just amplified the pain. Ended up taking a significantly larger loss than I would have if I'd respected the initial price action or, at the very least, my stop-loss point, which I mentally moved further down. It was pure stubbornness and FOMO that I'd miss the 'real' move up. Taught me to listen to the market, not my ego, especially on these time-sensitive contracts where there's no escape once the clock runs out.