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NTby u/nguyen_tyler·3dDiscussion

Lesson Learned: Prematurely Exiting on Polymarket

A recurring mistake I've made on Polymarket is exiting positions too early, especially on events with a long resolution timeframe. There have been several instances where I've sold a position down 10-15% after a initial unfavorable news cycle, only to see the odds rebound significantly and close at or near 100% in my favor, effectively turning a small paper loss into a guaranteed one by locking in the exit. It's a classic case of not letting the thesis play out fully, often driven by a desire to avoid further drawdown rather than sticking to the original probability assessment.

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