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

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
I really don't know how it works. Sometimes I make better lines than listed, and it pays me less than if I accept the offer shown even though I know how to calculate odds

You know, I through the basics of it out to try to help you figure it out, but the more I read this, I honestly am not sure wtf you're saying here.

lol
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Picked up Purdue ml @ .42 cents.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Looking in your window right now with a high-end telescope on top of the hill while I have a bird book out next to me

Yeah, you saw a loss tonight.

Fukked up with the spreads, then needed overtime.

Not a good trading night.

Going to eat dinner, upside down dinner, then will perform a review.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Welp, here it is.

I am trying to be extremely accurate here, even if for practice bigmoney scalps. The position of Purdue wasn't the issue here, but the levels I traded them were an issue.

It wasn't what I bet, it was when I bet it. Now you know that's coming up in the review.

That said, from a broader perspective, there is no doubt that with one game tonight and even with one tomorrow in the major conferences, tonight could be considered overtrading in and of itself. This is not the holiday or post season, this is the choppy market. Passing is an acceptable thing to do.

We take the loss and I don't forget that even if I want to win everyday, it doesn't mean I HAVE to trade every day. There were strong golf positions and that could have been enough.

Down -2.57 Units feels like a lot, but we got all the way to Thursday before the losing day this week.

Not a bad day in the lab, the Purdue push was there in the game, but not the best day on the trading desk. One of the worst in a while.

IssueBoughtSold% ProfitPer $100
Purdue -6.50.520-1.00-100.00
Purdue -3.50.540-1.00-100.00
Purdue ml0.420.18-0.57-57.14
Total

[td]
-257.14​



[/td]



:Peace_5:
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
Damn. Try again tomorrow JJ.

Overtrading or not, I will be here same bat time same bat channel tomorrow for the single Big 10 matchup where Michigan, perhaps, thumps Illinios late in the game.

Or something like that.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
I have picked up Florida Gators Men's Champion @ .08 cents.

This is a partial position and I can strike again if the market once me to.

Here's what happened...

Spread on Florida Gators to win it all was Buy .09 cents X Sell .07 cents. The Sell means you can buy the "No" option at the click of the button for .93 cents, but pay the commission. If you want Florida, you buy it for .09 cents, plus commission.

I put a limit order in at .08 cents, I'm not buying it long from whoever is selling it at .09, instead I moved the Sell side to .08 cents, or a .92 instead of .93 price for the buyer of "NO".

See what I did there? If someone wants "NO" right now, I'm out there selling it to them for .92 cents. Come get some.

Contracts have filled and now have one of the accounts sitting on the Buy Yes for Florida at .08 cents in the order book. That Buy NO of .92 cents is me on the ASK right now, with a few hundred contracts, holding the spot, willing to pay .08 cents for Florida to win it all.

I thought I'd keep that there to show the example.

I am also on the Buy Yes .07 cent level, with many of the original orders when this venture began, in case we do get a sweep downward.

But I wanted to land some at .08 cents anyway and get this future position going.


:popcorn:
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
...If someone wants "NO" right now, I'm out there selling it to them for .92 cents...

So, for being willing to trade with someone who wants NO at .92 cents, the commission for the transaction is on the buyer who just hits that button to short Florida.

I get away with nominal, if any, costs.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
From @jjgold 's Florida Future thread...

Who wants to Fade JJGOLD?

All you have to do is choose Florida Champion "NO" for a cheap .92 cents or -1150.

Step right up! Step right up!

I'm tryna fill a position here.

:lmao::lmao::lmao:
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
lol-ice-cube.gif
 

KVB

KVB

Joined
Apr 11, 2023
Messages
22,053
have picked up Florida Gators Men's Champion @ .08 cents.

This is a partial position and I can strike again if the market once me to.

Full position taken here. Some commission paid on some of the postions, but less that 2% overall.
 
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