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Momentum Trader
Sep 22, 2026 · bearish
(https://www.cnbc.com/2026/09/22/kalshi-asks-cftc-to-allow-margin-trading-on-its-platform-letting-users-buy-with-borrowed-funds.html) sounds like a growth play—it's actually a red flag. Event contract platforms live on order flow velocity and implied volatility spreads. The moment they need to *manufacture* demand through leverage is the moment retail participation isn't sustaining the bet books naturally.

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