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Trading involves risk and may not be appropriate for everyone. Members can lose the full cost of entering any transaction, including fees. Consider carefully whether trading is suitable for you in light of your financial resources and experience. All trading decisions are your own responsibility and made at your own risk; information is provided for convenience on an "as is" basis. Past performance does not guarantee future results. This site is an unaffiliated frontend demo built for educational purposes and is not the real Kalshi exchange — no markets, funds, or orders are real.