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

KVB

KVB

Joined
Apr 11, 2023
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24,025
Sea/Tor UNDER 165.5 @ .67 cents
Sea/Tor UNDER 165.5 @ .54 cents

Can sell this for .77 cents now.

I'm green, but I'm not out.

Also, @jjgold there were 0 commission paid on these trades. If we manage to avoid OT and this can settle for 1.00 there will be no commission at all paid.

That would be impossible at Polymarket.

So there is room for me to sell on the BID, paying some commission, if I need to get out quick.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Sea/Tor UNDER 165.5 @ .67 cents
Sea/Tor UNDER 165.5 @ .54 cents

This is up over .81 cents and I'm still in even at this bad strike price.

With the possibility of OT here I don't know why I'm not selling.

Part of me wants to get back that May money and part of me has confidence in the UNDER, but knows it's a bad strike price.

Guys, I think I'm on a little bit of tilt here as I am still holding this. Yes, I know tilt can go much further south than this, but for me, I can already acknowledge it.

:+anxious-
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Sea/Tor UNDER 165.5 @ .67 cents
Sea/Tor UNDER 165.5 @ .54 cents

Every other possession is a foul here down the stretch of the 3rd.

That is bad news for the positons.

Told my daughter there could easily be a 50 point 3rd quarter and they scored 53.

Good news is there's less chance of OT, the bad news is I calculate the LIVE Total to be between 165 and 167 or so.

My value in the market is down and this bad strike price is going to cost me.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Guys, I think I'm on a little bit of tilt here as I am still holding this. Yes, I know tilt can go much further south than this, but for me, I can already acknowledge it.

I need a break.

I'm fukking up here.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Sea/Tor UNDER 165.5 @ .67 cents
Sea/Tor UNDER 165.5 @ .54 cents
I have closed both positions for .42 cents.

UNDER 165.5 @ .67 cents @ a loss of -37.31%
UNDER 165.5 @ .54 cents @ a loss of -22.22%

I was shaken out.

The final score was 165 points.

The contracts went to 1.00

Motherfukker!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I knew that was a dog shit strike price.

source.gif
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
That's 4 consecutive negative trades and the first time that's happened in the Summer Fund. May be the first time that's happened at all in this thread.

They are two sets of two strikes, that's worth noting.

I can't fault the Lab today, it was the Trader's decision to go in at that strike price.

It's easy to spiral here, I was already tilting a bit, if you ask me, so I need to get my head straight.

Like yesterday, the Trader has regrets...but they are mostly taking two strikes each day. The first day was rushed and should have been two halves, and today was two strikes on a questionably low strike price.

I might go work out.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025

Yeah, no shit Sherlock.

I've talked about liquidity a lot, complain when it's low, and mentioned it's the reason I only trade the major NCAA Hoops conferences.

WNBA is getting there with liquidity, but MLB run lines and these Top20 golfers are definitely lacking liquidity and are more like sport book bets that we are holding to the end.

Now tell me something I don't know.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Also, @jjgold there were 0 commission paid on these trades. If we manage to avoid OT and this can settle for 1.00 there will be no commission at all paid.

That would be impossible at Polymarket.

Remember, @jjgold , I MAKE liqudity and I try not to TAKE it.

There's a big edge in that for a couple of reasons.

1) I get the price I want and calculated.
2) I don't pay commission or pay very very little.

Those are some huge ways to generate EV.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
KVB lets put together a portfilio the rest of the day

I think scared and you know scared money is not good. It's also strange for me to run scared at all, you know that I know better.

But we are human and it's getting to me. That's what this thread is for, to show it.

I need to check myself before I wreck myself and the next WNBA play is in a couple of hours.

I'm looking at the UNDER but the strike prices, again, not so great.

I need to refresh.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
KVB lets put together a portfilio the rest of the day

Right now the portfolio is opne position with Smalley Top20 with a cost basis of .61 cents.

He's trading .92 x .83 and tied for 5th.

Need to be patient before adding positions.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Shit he missed a 4 foot putt as I was typing that.

Smalley Top20 now .85 x .79
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
Picked up Los Angeles ml @ .59 cents.

WNBA

I was trying for .54 cents but in the end I'm filled .59 with a fast moving market.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
24,025
I'm looking at the UNDER but the strike prices, again, not so great.

That UNDER 166.5 had a dip into the 30s but he Trader held off of working the book.

It's now come back into the mid 50s

Tough to see that move when I was so close to getting it.
 
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