Portfolio Management
Learn how to track, analyze, and optimize your Public Wager portfolio for better performance and returns.
Accessing Your Portfolio
Portfolio Dashboard
Navigate to your portfolio from:
- Click Portfolio in the main navigation
- Access from your profile dropdown
- View quick stats in the dashboard
What You'll See
Your portfolio dashboard shows:
- Total Balance: All funds across positions and wallet
- Active Positions: Current market holdings
- Profit/Loss: Overall performance
- Trade History: Past transactions
- Performance Charts: Visual analytics
Understanding Your Portfolio
Portfolio Overview
Total Balance Breakdown
Wallet Balance: $500.00
In Active Positions: $1,200.00
Potential Payout: $2,150.00
Total Portfolio Value: $1,700.00
Components:
- Wallet Balance: Available cash for trading
- In Positions: Current cost basis of active trades
- Potential Payout: Maximum value if all positions win
- Total Value: Wallet + Current position value
Position Types
Open Positions
Markets that haven't resolved yet:
- Can still be traded
- Value fluctuates with price
- Unrealized profit/loss
Closed Positions
Markets that have resolved:
- No longer tradable
- Final outcome determined
- Realized profit/loss
Your Active Positions
Position Cards
Each position shows:
Market: Will Bitcoin reach $100,000 by Dec 31, 2025?
Outcome: YES
Shares Held: 150
Avg. Buy Price: $0.42
Current Price: $0.58
Cost Basis: $63.00
Current Value: $87.00
Unrealized P&L: +$24.00 (+38.1%)
Key Metrics Per Position
- Shares Held: Number of shares you own
- Average Buy Price: Your average entry price
- Current Price: Real-time market price
- Cost Basis: Total amount invested
- Current Value: Current worth at market prices
- Unrealized P&L: Paper profit/loss (not locked in yet)
Position Actions
For each position, you can:
- View Market: Go to full market page
- Buy More: Add to your position
- Sell Some: Reduce your position
- Sell All: Close position completely
- Set Alert: Get notified at target price
Portfolio Performance
Overall Statistics
Track your performance with:
Total Return
Total Invested: $5,000
Current Portfolio Value: $5,750
Total Return: +$750 (+15%)
Win Rate
Winning Positions: 12
Losing Positions: 8
Win Rate: 60%
Average Return
Total Profit/Loss: +$750
Number of Closed Trades: 20
Average Return: +$37.50 per trade
Performance by Category
See how you perform in different categories:
| Category | Positions | Win Rate | Total P&L | ROI |
|---|---|---|---|---|
| Politics | 15 | 67% | +$450 | +22% |
| Sports | 8 | 50% | +$120 | +8% |
| Crypto | 12 | 58% | +$180 | +12% |
| Entertainment | 5 | 80% | +$200 | +35% |
Insight: Focus on categories where you consistently perform well.
Portfolio Diversification
Why Diversify?
- 🛡️ Reduce risk: Don't put all eggs in one basket
- 📊 Smooth returns: Balance wins and losses
- 🎯 Multiple opportunities: Capture different edges
- 💪 Reduce volatility: Less dramatic swings
Diversification Strategies
By Category
Spread across different types:
30% Politics
25% Sports
20% Crypto
15% Business
10% Entertainment
By Time Horizon
Balance short and long-term:
40% Short-term (< 1 month)
40% Medium-term (1-3 months)
20% Long-term (3+ months)
By Probability
Mix high and low probability bets:
30% High certainty ($0.70-0.90)
50% Medium certainty ($0.40-0.70)
20% Long shots ($0.10-0.40)
By Position Size
Vary conviction levels:
Small positions (1-2%): 10 markets
Medium positions (3-5%): 5 markets
Large positions (5-10%): 2 markets
Risk Management
Portfolio Risk Metrics
Maximum Drawdown
Track your biggest loss from peak:
Portfolio Peak: $6,000
Current Value: $5,200
Drawdown: -$800 (-13.3%)
Healthy Range: Keep drawdowns under 20-25%
Value at Risk (VaR)
Estimate potential losses:
95% confidence: Won't lose more than $300 in next month
99% confidence: Won't lose more than $500 in next month
Concentration Risk
Avoid too much in one position:
Largest Position: $500
Total Portfolio: $5,000
Concentration: 10% (Acceptable)
Rule of Thumb: No single position over 10-15% of portfolio
Setting Portfolio Limits
Daily Loss Limit
Stop trading if you lose X% in one day:
Portfolio: $5,000
Daily Loss Limit: 5%
Stop trading if down: $250
Maximum Exposure
Limit total amount in active positions:
Total Portfolio: $5,000
Max Active Exposure: 80%
Keep in wallet: $1,000 (20%)
Rebalancing Your Portfolio
When to Rebalance
Consider rebalancing when:
- One category grows too large (>40% of portfolio)
- Position sizes drift from targets
- New opportunities emerge
- Risk tolerance changes
Rebalancing Methods
Percentage-Based
Sell positions that exceed targets:
Target: 25% in Crypto
Current: 35% in Crypto
Action: Sell 10% to rebalance
Calendar-Based
Rebalance on schedule:
- Weekly: Active traders
- Monthly: Regular traders
- Quarterly: Long-term investors
Threshold-Based
Rebalance when drift exceeds threshold:
Category drifts >5% from target → Rebalance
Trade History and Analysis
Viewing Trade History
Your trade history shows:
- All buys and sells: Complete transaction log
- Entry and exit prices: Track your timing
- Profit/loss per trade: Individual performance
- Fees paid: Cost analysis
- Dates and times: Temporal patterns
Analyzing Past Trades
Best Trades
Identify what works:
Top 5 Trades:
1. Political Market A: +$250 (+125% ROI)
2. Sports Market B: +$180 (+90% ROI)
3. Crypto Market C: +$150 (+75% ROI)
Question: What did these have in common?
Worst Trades
Learn from mistakes:
Bottom 5 Trades:
1. Entertainment Market X: -$100 (-100% loss)
2. Business Market Y: -$80 (-80% loss)
3. Sports Market Z: -$75 (-75% loss)
Question: What went wrong? How can you avoid this?
Performance Patterns
Look for patterns in your trading:
- Time of day: Do you trade better at certain times?
- Market types: Which categories suit you best?
- Position duration: Better at quick flips or holding?
- Price ranges: Better with high or low probability bets?
Portfolio Strategies
Conservative Strategy
Goal: Preserve capital, steady returns
Approach:
- 80% in high-probability markets ($0.60-0.80)
- Small position sizes (1-3%)
- Long holding periods
- High diversification (20+ positions)
Expected: 8-12% annual return, low volatility
Moderate Strategy
Goal: Balance growth and safety
Approach:
- 60% medium probability ($0.40-0.70)
- 30% high probability ($0.70-0.90)
- 10% long shots ($0.10-0.40)
- Medium position sizes (3-5%)
- Mix of time horizons
Expected: 15-25% annual return, moderate volatility
Aggressive Strategy
Goal: Maximum returns, higher risk
Approach:
- 50% medium probability
- 30% long shots
- 20% high probability
- Larger position sizes (5-10%)
- Active trading, quick flips
- Concentrated portfolio (5-10 positions)
Expected: 30%+ annual return, high volatility
Tools and Features
Portfolio Filters
Filter your positions by:
- Status: Open, Closed, All
- Category: Politics, Sports, etc.
- Performance: Winners, Losers, Break-even
- Time: Date ranges
- P&L: Sort by most/least profitable
Price Alerts
Set notifications for:
- Target profit levels
- Stop loss triggers
- Market closure reminders
- Significant price movements
Export Data
Download your data for:
- Tax reporting
- Personal analysis
- Third-party tools
- Record keeping
Formats: CSV, Excel, PDF
Portfolio Goals
Setting Goals
Define clear objectives:
Short-term (3 months):
- Achieve 10% portfolio growth
- Maintain 60%+ win rate
- Keep max drawdown under 15%
Long-term (1 year):
- Double portfolio value
- Master 2-3 categories
- Develop consistent strategy
Tracking Progress
Monitor goal progress:
- Weekly review of metrics
- Monthly performance summary
- Quarterly strategy adjustment
- Annual comprehensive review
Tax and Reporting
Year-End Summary
Access your annual report:
- Total profit/loss
- Number of trades
- Fees paid
- Category breakdown
- Monthly performance
Transaction History
Export complete history:
- All buys and sells
- Deposits and withdrawals
- Fees and charges
- Dates and amounts
Note: Consult tax professional for your jurisdiction's requirements.
Mobile Portfolio Management
Mobile App Features
- Real-time portfolio value
- Quick position overview
- Swipe to buy/sell
- Push notifications for alerts
- Biometric authentication
On-the-Go Tips
- Check portfolio morning and evening
- Set alerts for 10%+ moves
- Use quick-sell for urgent exits
- Review weekly performance summaries
Advanced Portfolio Analytics
Sharpe Ratio
Measure risk-adjusted returns:
Sharpe Ratio = (Portfolio Return - Risk-Free Rate) / Portfolio Volatility
Example:
Portfolio Return: 20%
Risk-Free Rate: 3%
Volatility (Std Dev): 12%
Sharpe Ratio = (20% - 3%) / 12% = 1.42
Interpretation:
- Above 1.0: Good risk-adjusted returns
- Above 2.0: Excellent risk-adjusted returns
Correlation Analysis
Understand position relationships:
- Positive correlation: Positions move together (increases risk)
- Negative correlation: Positions move opposite (reduces risk)
- No correlation: Independent movements (optimal diversification)
Kelly Criterion
Calculate optimal position size:
Kelly % = (Win Probability × Gain) - Loss Probability) / Gain
Example:
Win Probability: 60%
Gain if Win: 100% (double your money)
Loss if Lose: 100% (lose it all)
Kelly = (0.60 × 1.0 - 0.40) / 1.0 = 0.20 = 20%
Use half-Kelly (10%) for more conservative sizing.
Common Portfolio Mistakes
❌ Over-Concentration
Problem: Too much in too few positions
Solution: Spread across 10-20+ positions
❌ Ignoring Correlation
Problem: Multiple positions on same underlying event
Solution: Check for related markets before adding positions
❌ No Stop Losses
Problem: Holding losing positions too long
Solution: Set and respect stop losses
❌ Chasing Losses
Problem: Increasing position sizes after losses
Solution: Stick to position sizing rules regardless of recent performance
❌ No Review Process
Problem: Not learning from past trades
Solution: Weekly review of trades and patterns
Next Steps
Master your portfolio management:
- Learn About Fees - Understand costs
- Explore Market Types - Different formats
- Read the Glossary - Master the terms
Need Help?
- Questions: Visit our FAQ
- Support: Email support@publicwager.com
- Community: Join discussions on our blog
Ready to create your own markets? Learn about market creation →