I wish the yes/no's were treated as separate so you could hold both sides.
I would expect the "reduce only" to be canceled entirely or to fill until the overall position is back to 0 (-10).
I wish the yes/no's were treated as separate so you could hold both sides.
I would expect the "reduce only" to be canceled entirely or to fill until the overall position is back to 0 (-10).
Also this
Also this
Bot really reacted to their own msg 😭
Bot really reacted to their own msg 😭
Why would you ever want to hold both sides vs having them net out?
Why would you ever want to hold both sides vs having them net out?
So you can trade on volatility.
Ex:
1) buy Yes at .50 and No at .50
2) market (yes) goes up
3) sell Yes at .75, still holding No at .25
4) market goes down
5) sell No at .75 (or hold until close)
You can't play both sides with the current setup.
So you can trade on volatility.
Ex:
1) buy Yes at .50 and No at .50
2) market (yes) goes up
3) sell Yes at .75, still holding No at .25
4) market goes down
5) sell No at .75 (or hold until close)
You can't play both sides with the current setup.
sorry what
sorry what
This is fundamentally not how the exchange works. This would require separate liquidity pools for each side
This is fundamentally not how the exchange works. This would require separate liquidity pools for each side
this is exactly the same as selling yes at 0.75 and then buying yes at 0.25
this is exactly the same as selling yes at 0.75 and then buying yes at 0.25
I know.
I know.
Financially yes, but the play is different.
If I can only buy Yes at .50, then when market goes down, I can't make a play on that side of the volatility.
Financially yes, but the play is different.
If I can only buy Yes at .50, then when market goes down, I can't make a play on that side of the volatility.
the play is exactly the same
the play is exactly the same
But you CAN
But you CAN
because you're doing exactly the same thing
because you're doing exactly the same thing
The math all evens out in the end
The math all evens out in the end
"buying yes and no at 50 cents" is equivalent to doing nothing
"buying yes and no at 50 cents" is equivalent to doing nothing
Maybe I'm not explaining it well.
If I buy Yes at .50 and then market drops it to .25, I can't make any profit off of that.
If I could buy both, then when market drops I could sell No for a profit and then hold Yes until it goes back above .50.
Maybe I'm not explaining it well.
If I buy Yes at .50 and then market drops it to .25, I can't make any profit off of that.
If I could buy both, then when market drops I could sell No for a profit and then hold Yes until it goes back above .50.
Maybe he has too much capital and would rather the exchange hold onto it for him instead of doing more trading.
Maybe he has too much capital and would rather the exchange hold onto it for him instead of doing more trading.
no I understand what you're saying but it's incorrect
no I understand what you're saying but it's incorrect
you can sell yes at 50 cents if you want
you can sell yes at 50 cents if you want
and then rebuy it at 25 cents
and then rebuy it at 25 cents