Pricedger

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Pricedger — Level 2

Prediction Market Trader

You've learned the rules. Now learn the game.

A free 13-email course in probability, pricing, edge, risk, and portfolio thinking for Kalshi and Polymarket traders.

Level 1 taught you how prediction markets work. Level 2 teaches you how to analyze them — how to turn "I think" into a number, that number into a price, and that price into a decision you can size, track, and improve.

What you'll learn

Thirteen lessons, one skill: thinking in probabilities.

  • Estimate probabilities from base rates and evidence
  • Turn your view into a price — and compare it to the market's
  • Understand what fees and spreads do to your edge
  • Read an order book and account for slippage
  • Size positions so one bad call can't sink you
  • Use the Kelly criterion, carefully
  • Measure your calibration with Brier scores
  • Spot correlated positions hiding in your portfolio
  • Find relationships between markets that have to agree

Every lesson ends with a Trader's Challenge. The next email walks through the answer.

Free. One email a day. No finance degree required. No crystal ball included.