Prediction markets are everywhere. But rising participation doesn't necessarily transform into profits for regular users.
Prediction market aggregator Stand announced today, Feb. 13, that it’s launching a tool to let users automatically take the opposite position of trades across popular platforms — namely from traders that tend to lose. Edward Ridgely, founder of Stand, said in a press release shared with The Defiant that conventional copy‑trading breaks down in prediction markets.
“Many operate multiple wallets and can easily front-run anyone copying their moves. The more interesting edge is in systematically counter-trading the consistent losers,” Ridgely explained.
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