How Many Traders Are Profitable on Polymarket - Andrey Sergeenkov https://sergeenkov.com/polymarket-profit… Only 15.9% of Polymarket traders are profitable, with 84.1% in the red. A mere 2% of Polymarket traders have earned over $1,000 in their trading history. Less than 0.32% of traders have earned more than $10,000, and only 0.033% have exceeded $100,000. The share of profitable traders has declined due to user growth from election hype, bringing in less experienced traders. Only 1.25% of traders achieve an average monthly profit above $1,000, with significantly fewer reaching higher thresholds. The majority of profitable traders are short-lived; 53% earned their average profit in a single month, and 73% were active for no more than two months. Consistently earning $5,000 per month is rare, with only 0.98% achieving it in a single month, dropping to 0.015% for four consecutive months. Influencers promoting Polymarket should educate new users on basics like bankroll management and impulse trading to mitigate losses. Polymarket could improve user education and potentially access new markets by introducing play-money prediction markets. The methodology for calculating profitability includes realized PnL from on-chain transactions, accounting for splits and merges, but does not include unrealized gains. https://t.me/kazanireads