Will any single trader be able to make M$100 buy buying and selling in this market?
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Ṁ9243resolved Jun 16
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Can be $100 in one go, or adds up to $100.
For example you buy NO, someone else buys a lot of NO, you sell NO, you realise the profits.
The unrealized "profit" reported on the market doesn't count. This is cash out minus cash in!
What I haven't made clear is what if you still have a position? Well because this is cash out minus cash in, that position is considered to be worth 0 before resolution. In my case I have the following bets:
You bought M$50 of YES 4 days ago
You bought M$100 of YES 3 days ago
You bought M$80 of YES 3 days ago
You sold M$325 of YES 9 minutes ago
You bought M$10 of NO 7 minutes ago
I have made 325 - 50 - 100 - 80 - 10 = $85
So my bets won't resolve this
If I sell by NO for $16
I have made 325 + 16 - 50 - 100 - 80 - 10 = $101
Then I will resolve this yes.
(This is not a change, just logically interpreting the rules given for clarity)
This question is managed and resolved by Manifold.
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Looks like fun was had, so here is another one: https://manifold.markets/Undox/round-2-will-any-single-trader-be-a
@MartinRandall @JoyVoid yeah it was a delicate balance. Buy enough to make bank if indeed the answer was no, but not enough to push the probability down enough for someone holding NO to then sell and get their profits over M$100.
@MattP i mean, my whole goal was to buy to resell later :D ... I think M$ 10 would have been fine, but it's a recursive problem indeed
@Undox assuming you're still planning on waiting til bets are public to resolve this? I've got my fingers crossed....
@Undox looks like the public market page betting history is out for new bets, but I'd assume it isn't happening for old bets. Not sure how you want to handle this..
@Undox are you resolving this immediately after you successfully make a profit, or waiting til close date?
Buying for the same reason as @MartinRandall, and if someone sticks $1k on YES and I see it, I will sell my stake here for a profit to help towards that YES.
@MattP it says "Bets are becoming publicly visible on 2022-06-01" so I can wait for that (2 days after closing). If that doesn't work I can look at the __NEXT_DATA__ in the page source, or similar, and see what happened there. But I would prefer to use the UI if I can.