In this guide: What Paper Trading does · Quick start · Related features
Paper Trading lets you test a prediction market call without risking money. You place a simulated position on any Polymarket market. Lines.com tracks the position against the live price until the market resolves. Polymarket paper trading suits new traders and anyone testing a thesis. Your dashboard shows your hit rate, your record, and your simulated profit and loss. This guide covers what Paper Trading does and how to place your first simulated trade.
Paper Trading turns a market view into a tracked, simulated position. You never spend money. You find out whether your call would have paid.
Pick a market → choose a side → set a stake → track it live → market resolves → Lines.com scores it
You start a simulated position two ways. Click Paper Trade on any market page. Or open your paper-trading dashboard and click Place a paper trade. The modal searches every Polymarket market, not only your watchlist.
In the modal you pick an outcome, choose YES or NO at the live price, and set a stake. Preset stakes are $100, $500, $1,000, and $5,000. A custom amount also works. The modal shows your projected shares and the payout if the position wins.
Your paper-trading dashboard is the Conviction Tracker. It reports four numbers.
You can filter positions by category, export them to CSV, and opt in to the public leaderboard. Each open position shows your entry price, the current price, and live profit and loss. A Trade for real link routes to Polymarket for a real-money position.
Go deeper: How to Open a Simulated Position and Track Your Accuracy (/guides/paper-trading/how-to-open-a-simulated-position/).
Place your first simulated position on Lines.com and track it until it resolves.
Paper Trading is a simulation. No real money is involved. Probabilities shown are market-implied and not predictions or recommendations. This content is for informational purposes only.
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