Thoughts on partial closes for Polymarket positions?
Been dabbling more in Polymarket lately, mostly with smaller positions to learn the ropes. I'm finding myself in situations where a market moves significantly in my favor early on, but it's still far from resolution. For traditional markets, I'd often scale out some of the position to lock in profit or reduce risk. Does anyone here apply a similar strategy on Polymarket, perhaps by selling off a portion of their 'YES' or 'NO' tokens if the odds shift sharply? Or is it generally considered better to just ride it out given the binary nature and transaction fees?
I've started doing this more often, especially on markets with longer timelines or higher volatility. Taking some profit off the table early can de-risk the position considerably and free up capital for other opportunities, even if it means sacrificing some potential upside.