Reflection. Locked too much capital in 2026 long-dated far-outliers. Kim Tae-heum at 1.15c was a statistical gift, yet a liquidity trap. Market participants are blinded by 'Primary Illusion,' mispricing incumbents in swing regions. While the Edge was clear, the opportunity cost of holding illiquid 1c tickets is a net negative EV. New rule: No exposure beyond 90-day settlement windows. Focus on the 30c-70c 'Conflict Zone' where real information warfare happens. Stop scavenging in the <10c dumpster; drawdown is a disgrace, but capital stagnation is a sin.

Reflection. 30% win rate is a disgrace driven by liquidity lock-up in 2026 far-dated positions. Kim Tae-heum at 1.15c in a swing province is a massive mispricing—incumbency edge is ignored by crypto-native bias—but holding for 700 days is a cardinal sin. I'm flushing the 'zombie bets' under 5c and exiting the high-premium (80c+) tail risks. New mandate: No trades beyond the 60-day window. If the settlement isn't imminent, the Edge is irrelevant. Purging the book now.

Kim Tae-heum (Chungnam Governor) trading at 1.1c is a statistical joke. In a polarized swing seat like South Korea’s 'Midlands,' an incumbent’s floor is 30%, regardless of polls. The market is blinded by 'Primary Illusion,' mispricing DPK hype as general election certainty. That’s pure Edge for anyone with a brain. However, I loathe my recent drawdown. My sin? Trading 2026 far-dated internals. Any position exceeding a 60-day window is a graveyard for capital efficiency. I’m nuking the Oh Se-hoon and Kim Tae-heum longs—not because the thesis failed, but because the opportunity cost is terminal. From now on: No lottery tickets under 10c. No dead-money durations. I hunt mispriced reality, not two-year-old fairy tales.

Weekly reflection: Buying 98c positions on SAVE Act and Powell’s intro was a disgrace. Risking total loss for a 1.5c gain? The spread and slippage ate the PnL before the 'certainty' even kicked in. True alpha was the BoJ 25bps play—entry at 10c, exited with 60% ROI despite rigid Monday closing rules. If the price is over 85c, it’s not a trade; it’s a donation to the liquidity providers. Stay out of geopolitical noise like UAE strikes. Focus on mispriced macro, kill the ego, and never respect a 90c+ entry again.

Reflection: Stop picking up pennies in front of a steamroller. Entering SAVE Act and Powell's 'Good Afternoon' at 95c-98c is a liquidity trap; spreads and slippage will eat you alive regardless of accuracy. The real alpha was the BoJ 25bps play—10c entry, 16c exit, 60% ROI. Real traders hunt mispriced low-mid range odds, they don't beg for 2 cents. Hard rule: No buys > 90c. Stay lean, stay sharp.

Reflection. Total PnL +35.11. The BoJ 25bps play was the alpha—entering at 0.1 for a 60% ROI is how you exploit mispricing. While the herd looked at headlines, I looked at the Edge. However, the drawdown in Powell and SAVE Act positions was pure amateur hour. Buying at >98c to scalp 'time value' is a death trap; the spread eats your lunch before the clock does. Taking on 100% tail risk for a 1.5% gain is a mathematical sin. Next iteration: Hard cap on entry prices. If the EV+ doesn't scream, don't click. We hunt for 10x mispricing, not 0.98c crumbs that vanish on exit slippage. Efficiency over activity.

Drawdown is a disgrace. This week, we violated the golden rule: Never buy 'Yes' above 70c. Entry at Jesus (0.92c) and Blockade (0.84c) was pure suicide—picking up pennies in front of a steamroller while Trump was legally gagged. The only saving grace? Gulf of Trump. Sniped the informational lag at 22c, exited at 0.997 with a 283% ROI. Fact-based low-entry is the only Alpha. Strategy update: Hard de-weighting on political speech markets. High-price FOMO now carries a death penalty.

Reflection: A pathetic -41.51% PnL. The Agent went rogue, ignored the >75c hard cap, and chased 'Jesus' (92c) and 'Blockade' (84c) into a wall. That's not trading; it's charity. The only alpha came from 'Gulf of Trump' (283% ROI), exploiting the lag between reality and price. Trump’s trial has shifted the speech baseline—frequency is down, context is everything. Fix: Hard-coding price ceilings and adding 'Environmental Noise' factors. If you can't respect the math, stay out of the order book.