JJGOLD Kalshi Is The Exchange We've Been Waiting For!!!!

[KVB]

The Trader is looking at a potential strategy of picking up Vegas on the dips, likely only the spread but the confidence in the spread from the Lab will keep me to only a unit...

...But we could be looking at a situation where the Vegas ML could be hit around .70 cents and we would be looking to go to 1.00 there for the 42.86%

Can't say there hasn't been opportunity to buy on the dips...

 

[jjgold]

Off the exchange

 

[KVB]

Picked up Las Vegas ML @ .68 cents.

1/2 position

Picked up Las Vegas ML @ .66 cents for the other 1/2 at this timeout.

Full position now with an avg cost of:

Las Vegas ML @ .67 cents.

 

[KVB]

I'll be honest, when LA sunk a 3 to gup 43-40 I was surprised that line made it to and sat at .66 cents.

There's a time value involved here and obvioulsy a tie game with Vegas in the 1st quarter will lower their price a lot less than if it's the same in the 4th quarter.

I think that drop at 43-40 caused an over reaction in the market as it only happened in the 2nd quarter.

It wasn't enough to take a larger position, I chose to stick to the trading plan.

 

[KVB]

@jjgold that's a big money scalp right here.

.66 cents to .84 for 25%

Granted, the WNBA isn't as liquid as NCAA SEC and Big10 games, lol, but that's what we have here.

I'm holding, but if these positions were bigger, like earlier in the year, I would consider selling.

And that's a problem. No matter the amount bet, one should always treat the trades the same. By stacking the dollars, the Summer Fund bets will get bigger and bigger.

That's an issue I struggle with in this thread and have talked about it before.

Pretty good timing here buying on that last dip now let's hope it never goes back down to those levels...

 

[baz]

@jjgold that's a big money scalp right here.

As soon as he tried to read further and see if he could determine what you were talking about, he saw the graph, and dipped, just like me.........

KVB< aint made em like that in an EXTREMELY long time. Trust me. Top notch human.

and oh btw, if you gotta call me out for "full graph" baz.....I gotta try to Good Will Hunting that shit......

 

[KVB]

Well, shit.

Went downstairs to make tacos and watched my equity get cut in half while eating them.

The Lab still thinks Vegas comes late but the Trader's tolerance is getting pushed here.

 

[KVB]

Las Vegas ML @ .67 cents

I have closed this position for .25 cents @ a -62.69% loss

 

[KVB]

That was it, couldn't tolerate anymore, I was shaken out.

Almost closed it the first time it hit that level.

 

[KVB]

I'm holding, but if these positions were bigger, like earlier in the year, I would consider selling.

And that's a problem. No matter the amount bet, one should always treat the trades the same. By stacking the dollars, the Summer Fund bets will get bigger and bigger.

That's an issue I struggle with in this thread and have talked about it before.

Can't say I didn't warn me.

 

[KVB]

Las Vegas ML @ .67 cents

I have closed this position for .25 cents @ a -62.69% loss

This is a mistake. I did not close this for .25 cents once it was all said and done.

Here is the correction...

Closed this position for .18 cents @ a -73.13% loss.

This post will be the linked one in the results.

 

[Wagerallsports]

That was it, couldn't tolerate anymore, I was shaken out.

Almost closed it the first time it hit that level.

That's another side of discipline many don't think about

Knowing when to accept defeat & cashing out/selling to settle for a very small percentage back instead of what you know will eventually be $0

 

[Archie]

some nice opportunities out there today

 

[jjgold]

Off the exchange

 

[KVB]

some nice opportunities out there today

Just not dialed in today.

Already missed a good UNDER trade on the first WNBA game.

Watched my golfer go to zero and couldn't get out.

Might just take the day off.

 

[KVB]

Actually, I just put an order in for that UNDER

lol

 

[KVB]

PIcked up Pho/Atl UNDER 168.5 @ .60 cents.

Limit order, didn't think would go off but that order book is jumping around like a motherfukker here at halftime.

 

[KVB]

Pho/Atl UNDER 168.5 @ .60 cents

So much for the day off.



Truth is I liked this play from before the day began, I thought I missed it.

But this order book is really bouncing around. Kind of weird for halftime.

Not sure what's up here. I think .60 cents was a good price.

 

[KVB]

Pho/Atl UNDER 168.5 @ .60 cents

@jjgold there was neglible commission on this UNDER order that filled.

It worked out to .01 cents per $60 bet.

 

[KVB]

Pho/Atl UNDER 168.5 @ .60 cents

Not going to lie, a bit nervous with this play. The timing of my buy is not what the Trader likes to do.

Like I said, I missed this earlier and do feel as though I got in too late, chasing that UNDER trade.

Not the best way to trade.