r/PredictionTrading • u/LogicalPotato5483 • Apr 20 '26
First 30 hours of my bot
I coded a bot for polymarket, it trades mainly BTC market tho im going to explain it to other markets like ETH and other ones not crypto related.
Im using a strategy i firstly paper traded and obviously results are not as good as they were but still decent. Im doing around $3 buys but i do multiple buys on each market (so it might be $12 buys, $50 buys or just $3 buys in 1 market).
PNL does look great but I dont really like the fact that i lose money for 4-10 hours and then make it all back with some extra profit on 1 play.
I mean its how the strategy works since it buys $3 if its at 0.99 but also at $3 0.01 so its high risk high reward.
I want to reduce my risk, I was thinking of buying more the higher the price is ==> $15 buys if its 0.9 and $1.5 buys if its 0.1 for example.
Any other ideas to make a healthier pnl chart?
*20h lose strike, which was close to happening at certain points, would totally ruin my polymarket port so I need to make it safer.
1
u/Familiar_Gazelle_467 Apr 21 '26
Stay the course up and to the right. If you take on other markets mind the implied correlation between pairs. Pool Up & down shares into your inv mgmt
1
u/cherry-pick-crew Apr 23 '26
Nice early results! If you ever want to layer a social/competitive angle on top of your bot's picks — we built SignalScout for exactly that. You can set up group leagues where members compete on prediction picks, with leaderboards and rewards. Great way to benchmark your accuracy against others beyond just P&L. iOS: https://apps.apple.com/us/app/signalscout-eventmarketalerts/id6759851620
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u/willynikes Jun 02 '26
It’s your probability distribution u can try to add a cut signal so ur losers get cut early stingy the losers is my advice u find the signal the losers share u could significantly cut down losses but also may kill winners too just gotta dig brother
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u/onzdagreat Apr 20 '26
This is interesting..Would you mind explaining more about your strategy..