What is Trading on Polymarket?
Polymarket is a prediction market where you can trade on the outcomes of real-world events. Through anumaan bot, you can trade directly from Telegram with zero gas fees and instant execution.Prediction Markets 101: You buy shares in outcomes you believe will happen. If you’re right, your shares are worth 0.
How It Works
Market Alert
The bot detects interesting trading opportunities on Polymarket (high win-rate traders, large liquidity moves, etc.)
Telegram Notification
You receive an alert in the Insider group with market details and trade buttons
Understanding YES/NO Shares
YES Shares
Buying YES means you believe the outcome will happen:NO Shares
Buying NO means you believe the outcome will NOT happen:Market Prices: YES + NO prices always equal 0.70, NO is $0.30.
Key Trading Features
Gasless Transactions
All trades through anumaan bot are completely free:- ✅ No gas fees to pay
- ✅ No network fees
- ✅ No hidden charges
- ✅ Polymarket covers all costs
Instant Execution
- Trades execute in seconds
- Current market prices
- Real-time confirmation
- Immediate position updates
Real-Time Tracking
- Live PnL updates
- Current market prices
- Position value changes
- Performance analytics
Trading Methods
From Alerts
Trade directly from Insider group alerts (recommended)
Copy Trading
Automatically mirror successful traders’ positions
Understanding Market Prices
Market prices represent the probability that the market assigns to an outcome:| Price | Meaning | Example |
|---|---|---|
| $0.90 | 90% likely | Very confident YES |
| $0.70 | 70% likely | Moderately confident YES |
| $0.50 | 50/50 | Toss-up |
| $0.30 | 30% likely | Moderately confident NO |
| $0.10 | 10% likely | Very confident NO |
Risk Management
Position Sizing
Smart traders use proper position sizing:Stop-Loss Strategy
Consider closing positions that:- Move significantly against you
- Have changed circumstances
- No longer represent good value
Take Profit Strategy
Consider taking profits when:- Position reaches target profit
- Market sentiment shifts
- New information emerges
Trading Workflow
1. Receive Alert
2. Click Trade Button
Click your desired outcome (YES or NO)3. Enter Amount
4. Confirm Trade
Review and confirm:5. Track Position
Use/positions to monitor:
- Current value
- Profit/Loss
- Market price changes
- Time until resolution
Trading Commands
| Command | Purpose |
|---|---|
/positions | View all active positions and PnL |
/wallet | Check available balance |
/balance | Quick balance check |
/trade | Access pending trades from alert clicks |
Types of Markets
Binary Markets
Simple YES/NO outcomes:- “Will event X happen?”
- Two possible outcomes
- Winner takes all
Multi-Outcome Markets
Multiple possible outcomes:- “Who will win the election?” (multiple candidates)
- Buy shares in each outcome
- Each outcome priced independently
Time-Based Markets
Markets with specific deadlines:- “By December 31, 2024…”
- Clear resolution date
- Price changes as deadline approaches
Profit Examples
Example 1: Winning YES Trade
Example 2: Winning NO Trade
Example 3: Losing Trade
Market Resolution
Markets resolve in three ways:- Automatic Resolution: Clear outcomes (sports scores, election results)
- Oracle Resolution: Official sources confirm outcome
- Community Resolution: UMA protocol voting if disputed
- Winning shares → $1.00 each
- Losing shares → $0.00
- USDC automatically credited to your wallet
Trading Best Practices
Do Your Research
Do Your Research
- Understand the market question
- Check resolution criteria
- Review market history
- Look at similar resolved markets
Start Small
Start Small
- Begin with small positions
- Test the system with low stakes
- Build confidence gradually
- Scale up as you learn
Diversify Positions
Diversify Positions
- Don’t put all funds in one market
- Spread risk across multiple trades
- Different market types
- Different time horizons
Monitor Regularly
Monitor Regularly
- Check positions daily
- Watch for news affecting markets
- Adjust positions when needed
- Take profits strategically
Learn from Results
Learn from Results
- Track your win rate
- Analyze losing trades
- Identify patterns
- Refine your strategy
Common Trading Mistakes
Next Steps
Place Your First Trade
Learn the step-by-step process for executing trades
Manage Positions
Track and close your active positions
Understanding Markets
Deep dive into market mechanics
Copy Trading
Automate trades by following experts
Frequently Asked Questions
What happens if a market is cancelled?
What happens if a market is cancelled?
If a market is invalidated or cancelled, all positions are refunded at the purchase price. You get your USDC back.
Can I sell my shares before market resolves?
Can I sell my shares before market resolves?
How long until markets resolve?
How long until markets resolve?
Varies by market type:
- Sports events: Within hours of event completion
- Elections: Within days of official results
- Long-term predictions: On the specified date
What if I disagree with market resolution?
What if I disagree with market resolution?
Polymarket uses UMA’s dispute resolution. If resolution is incorrect, it can be challenged and voted on by UMA token holders.
Need Help?
Questions about trading?- Check the FAQ for common issues
- Contact support: @anumaan_bot
- Join our community to discuss strategies