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Why I always lose money on PredictIt:
1.) I tell myself "Tammy Baldwin is at 5c. She's going to get some run. I should buy some shares and sell when it bumps up."
2.) I buy some shares at 5c.
3.) She gets some run, and her price goes up to 15c.
4.) I tell myself "You know, she might actually have a shot. I'd feel really stupid selling at 15 if she ends up winning. I'd better hold for a bit."
5.) She's now back down to 6c.
6.) Rinse/Repeat.
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