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What if I had copied this trader?

Two questions a copy trader asks, answered from the fills the site has. First: what following a given trader — buying when they buy, selling the same fraction when they sell, at a copier's costs on both legs, holding whatever is left to resolution — would have returned per $1, at their prices and, more honestly, an hour later; next to it, what $1 on every entry held to resolution would have returned, ignoring their sells. For a trader who leaves markets early the two differ a lot, and a style label says which one describes them. Second: whether a trader betting far above their own normal size tells you anything. Every figure comes with its n and a 95 % interval. Past results, not advice.

Copy a trader

Pick a dataset and a trader. The full history is every wallet that was ever in the site's tracked set as it stood at the time (the monthly leaderboard rebuilt day by day from the chain, plus the curated wallets: no one picked by today's leaderboard), with every trade each made from December 2022 to October 2026. The site export holds each tracked wallet's fills from the day it was tracked; the one-year set, when present, is today's leaderboard replayed over twelve months — those wallets were picked with hindsight, so their figures are the figures of known winners.

Full history, every trade, no hindsight

Traders with the most settled markets, with the return per $1 of following them (every buy and sell mirrored):

Dataset-wide figures

Before any one trader: what following every wallet returned, what holding every entry returned, how the per-wallet means spread out under both models, and how much the hour between a trader's fill and yours costs. A wallet whose interval lies above zero is not proof: with hundreds of wallets tested, a few pass by chance.

Full history, every trade, no hindsight

Every wallet that was ever in the site's tracked set as it stood at the time (Polymarket's monthly leaderboard rebuilt day by day from the chain, Aug 2025 to Oct 2026, plus the curated wallets: 27,345 wallets, none picked by today's leaderboard), with every fill each one made on the order book from November 2022 to October 25 2026, taken from the chain. A wallet's figures cover its whole history, before and after it was tracked, so the run that got it listed is in them. Positions received by transfer, split or conversion are not fills and are not counted.

Fills 2022-12-12 to 2026-10-25 · 27,345 wallets (27,303 with markets) · 43,898,934 markets followed: 42,713,342 settled · 39,513,066 entries held: 38,328,568 resolved, 1,184,498 open · 13,082,011 hedged markets apart, 4,454,874 exited markets apart in the held model · computed 2026-10-26 18:23 UTC

Copied, including their sells

At their prices, after costs
−6.3 %
95 % CI −6.4 % to −6.3 % · per $1 deployed on each of 42,713,342 settled markets · 56.8 % in profit
Followed 1 h later
−15.4 %
95 % CI −15.4 % to −15.3 % · 19,261,636 markets could be followed an hour late; 23,451,706 could not (every buy came too close to the end)
What waiting an hour costs
−8.8 %
95 % CI −8.9 % to −8.8 % · later minus their prices on the same 19,261,636 markets — the honest copy-trading number

Sold out before resolution in 10 % of the settled markets; 13,010,365 hedged markets apart (following both legs: −3.7 %).

Bought their entries and held, ignoring their sells

Copied at entry, after costs
−9.0 %
95 % CI −9.1 % to −9.0 % · $1 on each of 38,328,568 resolved entries · held side won 63.6 %
Copied 1 h later
−17.4 %
95 % CI −17.5 % to −17.4 % · 15,887,656 entries had a price 1–24 h later; 22,440,912 did not (most short markets had ended)
What waiting an hour costs
−5.1 %
95 % CI −5.1 % to −5.0 % · later minus entry on the same 15,887,656 entries

Markets the traders left before resolution (4,454,874) are not in these held figures: holding them would have returned +18.7 % a trade (+18.5 % to +18.9 %) on the 4,219,811 that resolved; held side won 68.4 %. The followed figures count them at the traders' own exits.

Per-wallet means (wallets with 30+ settled markets: 19,954 followed, 18,330 held)

Distribution of per-wallet mean returns
p10p25medianp75p9095 % CI above zerobelow zero
Followed, at their prices−21.6 %−11.9 %−5.0 %+0.3 %+9.5 %1235 of 199547836 of 19954
Followed 1 h later−36.5 %−23.1 %−11.4 %−3.4 %+2.5 %159 of 1777310119 of 17773
Held, copied at entry−58.3 %−25.8 %−7.3 %+0.3 %+9.7 %1379 of 183308344 of 18330
Held, copied 1 h later−69.5 %−38.0 %−13.9 %−1.6 %+5.8 %516 of 159218521 of 15921

"Above zero" counts the wallets whose whole 95 % interval of the mean return lies above zero: with 19,954 wallets tested, about 499 would pass by chance alone.

Followed, by topic (the 12 with most settled markets)

Followed returns by topic
SettledIn profitAt their prices1 h laterSold out early
Crypto21,365,241+123,004 open57.2 %57.2 % to 57.2 %−7.3 %−7.3 % to −7.2 %−21.2 %−21.4 % to −21.1 %1,916,539 followed · −11.4 % vs their prices5 %hold under 1 h
Soccer5,865,069+358,266 open55.5 %55.5 % to 55.6 %−5.8 %−5.9 % to −5.7 %−15.2 %−15.3 % to −15.1 %4,660,576 followed · −9.7 % vs their prices12 %hold ≈ 8 h
Esports2,628,171+24,511 open54.6 %54.6 % to 54.7 %−6.6 %−6.8 % to −6.5 %−23.6 %−23.7 % to −23.4 %2,312,259 followed · −17.0 % vs their prices16 %hold ≈ 4 h
Weather2,447,379+191,731 open63.2 %63.1 % to 63.3 %−5.7 %−5.9 % to −5.6 %−9.9 %−10.0 % to −9.8 %2,339,607 followed · −3.9 % vs their prices12 %hold ≈ 34 h
Tennis1,712,404+10,992 open57.2 %57.2 % to 57.3 %+1.7 %+1.4 % to +1.9 %−14.7 %−14.9 % to −14.5 %1,268,829 followed · −14.2 % vs their prices12 %hold ≈ 8 h
Other1,438,410+36,075 open70.3 %70.2 % to 70.4 %−1.9 %−2.1 % to −1.7 %−14.7 %−15.1 % to −14.4 %425,396 followed · −2.9 % vs their prices6 %hold ≈ 8 h
NBA1,156,398+19,814 open51.3 %51.2 % to 51.4 %−5.5 %−5.7 % to −5.3 %−12.5 %−12.7 % to −12.3 %1,055,671 followed · −7.0 % vs their prices15 %hold ≈ 5 d
MLB1,070,463+9,909 open53.9 %53.8 % to 54.0 %−3.3 %−3.5 % to −3.0 %−11.7 %−12.0 % to −11.5 %859,116 followed · −7.2 % vs their prices8 %hold ≈ 8 h
Mentions656,505+7,421 open52.0 %51.8 % to 52.1 %−10.1 %−10.4 % to −9.8 %−15.6 %−15.9 % to −15.3 %617,884 followed · −5.5 % vs their prices22 %hold ≈ 10 d
Elections486,964+172,263 open47.9 %47.8 % to 48.1 %−11.5 %−11.8 % to −11.3 %−12.4 %−12.7 % to −12.1 %417,111 followed · −1.2 % vs their prices37 %hold ≈ 20 d
Geopolitics471,088+27,944 open47.5 %47.3 % to 47.6 %−7.3 %−7.6 % to −7.0 %−9.6 %−9.9 % to −9.3 %450,683 followed · −2.3 % vs their prices45 %hold ≈ 20 d
Other Sports416,408+7,901 open56.1 %55.9 % to 56.2 %−6.5 %−6.8 % to −6.1 %−14.6 %−15.0 % to −14.2 %350,883 followed · −7.6 % vs their prices11 %hold ≈ 17 h

Held, by entry price

Copy returns by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
under 30¢6,721,338+221,607 open8.4 %8.3 % to 8.4 %−52.3 %−52.4 % to −52.1 %−61.7 %−61.9 % to −61.4 %3,024,676 priced · −13.2 % vs entry on these
30–50¢6,506,153+142,340 open38.9 %38.8 % to 38.9 %−13.2 %−13.3 % to −13.1 %−22.9 %−23.1 % to −22.8 %3,093,042 priced · −8.2 % vs entry on these
50–70¢7,733,570+167,287 open63.3 %63.3 % to 63.3 %+3.4 %+3.4 % to +3.5 %−10.2 %−10.3 % to −10.1 %3,442,214 priced · −6.2 % vs entry on these
70¢ and up17,367,507+653,264 open94.3 %94.3 % to 94.3 %+3.7 %+3.7 % to +3.8 %+2.4 %+2.4 % to +2.5 %6,327,724 priced · +0.9 % vs entry on these

Held, by topic (the 12 with most resolved entries)

Copy returns by topic
ResolvedHeld side wonCopied at entryCopied 1 h later
Crypto20,087,533+122,641 open65.4 %65.4 % to 65.4 %−7.4 %−7.5 % to −7.4 %−25.0 %−25.1 % to −24.8 %1,522,362 priced · −9.6 % vs entry on these
Soccer5,180,844+358,150 open59.0 %59.0 % to 59.1 %−10.2 %−10.3 % to −10.1 %−16.4 %−16.5 % to −16.2 %4,008,860 priced · −6.1 % vs entry on these
Esports2,219,417+24,496 open53.5 %53.5 % to 53.6 %−16.7 %−16.9 % to −16.6 %−31.4 %−31.5 % to −31.2 %1,918,630 priced · −13.8 % vs entry on these
Weather2,140,591+191,394 open74.8 %74.7 % to 74.8 %−9.7 %−9.9 % to −9.6 %−9.7 %−9.8 % to −9.5 %2,047,995 priced · +0.4 % vs entry on these
Tennis1,510,218+10,992 open60.3 %60.2 % to 60.4 %−8.4 %−8.6 % to −8.2 %−16.0 %−16.3 % to −15.8 %1,085,986 priced · −6.6 % vs entry on these
Other1,350,878+36,081 open73.3 %73.2 % to 73.4 %−2.8 %−3.0 % to −2.7 %−16.0 %−16.4 % to −15.6 %349,057 priced · +0.7 % vs entry on these
MLB986,635+9,912 open55.7 %55.6 % to 55.8 %−7.1 %−7.3 % to −6.9 %−11.5 %−11.8 % to −11.2 %773,771 priced · −4.3 % vs entry on these
NBA983,310+19,804 open53.6 %53.5 % to 53.7 %−11.7 %−11.9 % to −11.5 %−16.0 %−16.3 % to −15.7 %883,875 priced · −4.0 % vs entry on these
Mentions509,257+7,410 open63.8 %63.7 % to 64.0 %−15.6 %−15.9 % to −15.2 %−15.1 %−15.5 % to −14.6 %468,693 priced · +0.8 % vs entry on these
Other Sports372,107+7,899 open59.1 %58.9 % to 59.2 %−11.7 %−12.1 % to −11.3 %−16.7 %−17.2 % to −16.3 %304,343 priced · −3.9 % vs entry on these
College Basketball361,786+234 open56.8 %56.6 % to 57.0 %−11.6 %−12.0 % to −11.3 %−17.0 %−17.5 % to −16.4 %306,333 priced · −5.4 % vs entry on these
NHL356,530+8,668 open53.0 %52.8 % to 53.2 %−10.5 %−10.8 % to −10.1 %−14.4 %−14.8 % to −14.0 %326,071 priced · −3.9 % vs entry on these

Site export (tracked wallets, from the day each was tracked)

The wallets are the traders the site tracked, each from the day it was added (curated wallets since March 2026, the leaderboard set since October 2 2026). Short histories: most figures have few resolved entries.

Fills 2022-12-12 to 2026-10-22 · 2,427 wallets (2,293 with markets) · 2,271,687 markets followed: 2,124,579 settled · 2,132,120 entries held: 1,986,292 resolved, 145,828 open · 444,606 hedged markets apart, 160,639 exited markets apart in the held model · computed 2026-10-26 15:06 UTC

Copied, including their sells

At their prices, after costs
−4.2 %
95 % CI −4.4 % to −4.0 % · per $1 deployed on each of 2,124,579 settled markets · 56.6 % in profit
Followed 1 h later
−9.8 %
95 % CI −10.0 % to −9.6 % · 1,105,580 markets could be followed an hour late; 1,018,999 could not (every buy came too close to the end)
What waiting an hour costs
−6.3 %
95 % CI −6.6 % to −6.1 % · later minus their prices on the same 1,105,580 markets — the honest copy-trading number

Sold out before resolution in 6 % of the settled markets; 446,733 hedged markets apart (following both legs: −5.3 %).

Bought their entries and held, ignoring their sells

Copied at entry, after costs
−6.6 %
95 % CI −6.7 % to −6.4 % · $1 on each of 1,986,292 resolved entries · held side won 62.4 %
Copied 1 h later
−6.0 %
95 % CI −6.3 % to −5.7 % · 938,987 entries had a price 1–24 h later; 1,047,305 did not (most short markets had ended)
What waiting an hour costs
+0.2 %
95 % CI +0.0 % to +0.4 % · later minus entry on the same 938,987 entries

Markets the traders left before resolution (160,639) are not in these held figures: holding them would have returned +10.8 % a trade (+9.6 % to +12.0 %) on the 143,904 that resolved; held side won 61.9 %. The followed figures count them at the traders' own exits.

Per-wallet means (wallets with 30+ settled markets: 1,657 followed, 1,580 held)

Distribution of per-wallet mean returns
p10p25medianp75p9095 % CI above zerobelow zero
Followed, at their prices−18.3 %−10.0 %−3.3 %+2.3 %+11.5 %138 of 1657418 of 1657
Followed 1 h later−30.3 %−19.1 %−9.2 %−1.7 %+7.2 %39 of 1482670 of 1482
Held, copied at entry−28.3 %−13.8 %−4.9 %+1.0 %+9.4 %95 of 1580480 of 1580
Held, copied 1 h later−36.4 %−19.9 %−7.0 %+1.9 %+13.0 %75 of 1355461 of 1355

"Above zero" counts the wallets whose whole 95 % interval of the mean return lies above zero: with 1,657 wallets tested, about 41 would pass by chance alone.

Followed, by topic (the 12 with most settled markets)

Followed returns by topic
SettledIn profitAt their prices1 h laterSold out early
Crypto584,979+8,116 open60.4 %60.3 % to 60.6 %−4.2 %−4.5 % to −3.9 %−2.6 %−3.4 % to −1.8 %66,662 followed · +4.3 % vs their prices2 %hold under 1 h
Soccer490,416+22,007 open55.3 %55.2 % to 55.5 %−6.2 %−6.5 % to −5.8 %−8.3 %−8.7 % to −7.8 %298,974 followed · −4.1 % vs their prices6 %hold ≈ 17 h
Tennis129,118+717 open54.5 %54.2 % to 54.8 %+6.4 %+5.1 % to +7.7 %−9.7 %−10.5 % to −8.9 %73,878 followed · −17.9 % vs their prices5 %hold ≈ 8 h
Esports128,651+1,775 open54.5 %54.2 % to 54.8 %−1.9 %−2.6 % to −1.1 %−16.1 %−16.8 % to −15.4 %68,882 followed · −14.1 % vs their prices6 %hold ≈ 8 h
Weather88,978+10,930 open69.4 %69.1 % to 69.7 %−5.1 %−5.9 % to −4.3 %−7.3 %−8.2 % to −6.5 %68,760 followed · −3.2 % vs their prices6 %hold ≈ 34 h
Geopolitics78,673+9,049 open54.3 %54.0 % to 54.7 %−4.7 %−5.5 % to −3.8 %−8.5 %−9.2 % to −7.7 %73,392 followed · −4.4 % vs their prices18 %hold ≈ 20 d
NBA75,913+2,530 open50.4 %50.0 % to 50.7 %−3.1 %−3.8 % to −2.3 %−8.2 %−9.1 % to −7.3 %57,347 followed · −4.4 % vs their prices8 %hold ≈ 5 d
Mentions63,940+1,711 open53.9 %53.5 % to 54.2 %−11.5 %−12.5 % to −10.5 %−15.5 %−16.5 % to −14.5 %51,325 followed · −6.0 % vs their prices11 %hold ≈ 10 d
Elections54,090+40,738 open53.8 %53.4 % to 54.2 %−12.6 %−13.6 % to −11.7 %−13.0 %−14.1 % to −11.9 %41,783 followed · −3.6 % vs their prices16 %hold ≈ 20 d
Finance50,257+7,119 open53.8 %53.4 % to 54.2 %−10.8 %−12.0 % to −9.7 %−15.6 %−16.8 % to −14.3 %32,214 followed · −6.5 % vs their prices15 %hold ≈ 10 d
Entertainment41,857+4,395 open57.7 %57.3 % to 58.2 %−15.2 %−16.3 % to −14.1 %−17.6 %−18.9 % to −16.4 %31,866 followed · −3.7 % vs their prices9 %hold ≈ 10 d
NFL40,763+4,723 open52.6 %52.1 % to 53.1 %+35.2 %+31.5 % to +38.8 %−6.6 %−8.2 % to −4.9 %28,157 followed · −42.9 % vs their prices10 %hold ≈ 17 h

Held, by entry price

Copy returns by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
under 30¢383,183+32,061 open10.0 %9.9 % to 10.1 %−40.7 %−41.5 % to −39.9 %−47.3 %−48.3 % to −46.2 %176,571 priced · −13.3 % vs entry on these
30–50¢362,464+13,867 open40.9 %40.8 % to 41.1 %−7.5 %−7.9 % to −7.2 %−9.3 %−10.0 % to −8.7 %190,725 priced · −3.5 % vs entry on these
50–70¢392,135+17,141 open64.5 %64.3 % to 64.7 %+5.0 %+4.8 % to +5.3 %+2.3 %+1.8 % to +2.8 %201,830 priced · +1.1 % vs entry on these
70¢ and up848,510+82,759 open94.2 %94.1 % to 94.2 %+3.9 %+3.8 % to +4.0 %+11.0 %+10.7 % to +11.2 %369,861 priced · +8.2 % vs entry on these

Held, by topic (the 12 with most resolved entries)

Copy returns by topic
ResolvedHeld side wonCopied at entryCopied 1 h later
Crypto579,141+8,026 open67.1 %66.9 % to 67.2 %−3.2 %−3.5 % to −2.9 %+11.2 %+10.1 % to +12.3 %56,126 priced · +16.1 % vs entry on these
Soccer462,703+21,940 open59.8 %59.7 % to 60.0 %−6.6 %−6.9 % to −6.2 %−4.7 %−5.3 % to −4.2 %263,834 priced · −0.5 % vs entry on these
Tennis123,206+718 open58.1 %57.8 % to 58.4 %−5.3 %−6.0 % to −4.7 %−4.5 %−5.4 % to −3.6 %66,924 priced · −4.3 % vs entry on these
Esports120,691+1,770 open55.7 %55.4 % to 56.0 %−6.2 %−6.8 % to −5.5 %−16.0 %−16.9 % to −15.2 %61,287 priced · −10.5 % vs entry on these
Weather82,828+10,894 open72.5 %72.2 % to 72.8 %−8.7 %−9.5 % to −7.8 %−8.0 %−9.0 % to −7.0 %62,587 priced · −0.2 % vs entry on these
NBA70,693+2,517 open55.0 %54.7 % to 55.4 %−3.7 %−4.5 % to −2.8 %−7.5 %−8.6 % to −6.4 %50,848 priced · −3.2 % vs entry on these
Geopolitics61,042+8,824 open65.4 %65.1 % to 65.8 %−9.6 %−10.7 % to −8.5 %−4.4 %−5.7 % to −3.1 %55,560 priced · +4.3 % vs entry on these
Mentions55,420+1,707 open63.1 %62.7 % to 63.5 %−13.8 %−15.0 % to −12.6 %−6.9 %−9.0 % to −4.9 %41,427 priced · +4.4 % vs entry on these
Elections43,925+40,292 open64.6 %64.1 % to 65.0 %−15.2 %−16.4 % to −14.0 %−8.2 %−9.9 % to −6.5 %30,537 priced · +3.4 % vs entry on these
Finance41,831+7,013 open63.7 %63.2 % to 64.2 %−14.9 %−16.2 % to −13.5 %−14.1 %−15.9 % to −12.2 %22,806 priced · −0.6 % vs entry on these
MLB38,051+822 open53.3 %52.8 % to 53.8 %−5.9 %−7.0 % to −4.7 %−3.2 %−4.9 % to −1.5 %23,106 priced · −1.1 % vs entry on these
College Basketball37,899+64 open59.6 %59.1 % to 60.1 %−2.4 %−3.7 % to −1.2 %−3.6 %−5.4 % to −1.8 %22,042 priced · −0.9 % vs entry on these

One year of today's top traders (picked with hindsight)picked with hindsight

The wallets are today's Polymarket leaderboard replayed over the past twelve months: they are the traders who turned out to win. Figures on this set say what copying a winner would have paid, not what copying a trader picked today will pay.

Fills 2025-10-24 to 2026-10-23 · 1,937 wallets (1,935 with markets) · 2,969,275 markets followed: 2,851,905 settled · 2,653,054 entries held: 2,535,700 resolved, 117,354 open · 226,867 hedged markets apart, 315,898 exited markets apart in the held model · computed 2026-10-26 14:54 UTC

Copied, including their sells

At their prices, after costs
+3.5 %
95 % CI +3.3 % to +3.7 % · per $1 deployed on each of 2,851,905 settled markets · 63.8 % in profit
Followed 1 h later
−11.0 %
95 % CI −11.1 % to −10.8 % · 1,453,448 markets could be followed an hour late; 1,398,457 could not (every buy came too close to the end)
What waiting an hour costs
−12.4 %
95 % CI −12.6 % to −12.2 % · later minus their prices on the same 1,453,448 markets — the honest copy-trading number

Sold out before resolution in 11 % of the settled markets; 219,726 hedged markets apart (following both legs: −4.9 %).

Bought their entries and held, ignoring their sells

Copied at entry, after costs
−3.7 %
95 % CI −3.9 % to −3.6 % · $1 on each of 2,535,700 resolved entries · held side won 67.0 %
Copied 1 h later
−10.4 %
95 % CI −10.6 % to −10.2 % · 1,205,128 entries had a price 1–24 h later; 1,330,572 did not (most short markets had ended)
What waiting an hour costs
−5.1 %
95 % CI −5.3 % to −4.9 % · later minus entry on the same 1,205,128 entries

Markets the traders left before resolution (315,898) are not in these held figures: holding them would have returned +36.6 % a trade (+35.5 % to +37.7 %) on the 295,610 that resolved; held side won 72.3 %. The followed figures count them at the traders' own exits.

Per-wallet means (wallets with 30+ settled markets: 1,659 followed, 1,594 held)

Distribution of per-wallet mean returns
p10p25medianp75p9095 % CI above zerobelow zero
Followed, at their prices−12.6 %−6.9 %−1.8 %+3.5 %+17.0 %205 of 1659434 of 1659
Followed 1 h later−29.7 %−17.8 %−9.0 %−2.1 %+3.8 %16 of 1560824 of 1560
Held, copied at entry−34.3 %−13.9 %−3.3 %+2.0 %+12.3 %163 of 1594567 of 1594
Held, copied 1 h later−44.6 %−23.4 %−7.6 %+0.4 %+10.4 %77 of 1442630 of 1442

"Above zero" counts the wallets whose whole 95 % interval of the mean return lies above zero: with 1,659 wallets tested, about 41 would pass by chance alone.

Followed, by topic (the 12 with most settled markets)

Followed returns by topic
SettledIn profitAt their prices1 h laterSold out early
Soccer581,925+10,344 open62.1 %62.0 % to 62.3 %−0.7 %−1.0 % to −0.4 %−11.9 %−12.3 % to −11.5 %281,064 followed · −10.3 % vs their prices13 %hold ≈ 4 h
Crypto532,050+6,759 open62.6 %62.5 % to 62.7 %−2.1 %−2.4 % to −1.8 %−8.2 %−9.1 % to −7.4 %49,419 followed · −3.9 % vs their prices4 %hold under 1 h
Esports382,118+4,418 open58.8 %58.7 % to 59.0 %−1.3 %−1.6 % to −0.9 %−22.0 %−22.4 % to −21.7 %253,650 followed · −20.7 % vs their prices14 %hold ≈ 4 h
Weather289,434+4,267 open80.0 %79.8 % to 80.1 %−2.2 %−2.5 % to −1.9 %−5.4 %−5.8 % to −5.1 %209,037 followed · −3.1 % vs their prices7 %hold ≈ 34 h
Tennis254,576+1,346 open64.6 %64.5 % to 64.8 %+37.2 %+35.7 % to +38.7 %−7.0 %−8.0 % to −6.1 %133,382 followed · −35.6 % vs their prices12 %hold ≈ 4 h
MLB129,524+1,121 open58.1 %57.8 % to 58.4 %+11.1 %+9.7 % to +12.6 %−8.4 %−9.2 % to −7.5 %74,038 followed · −8.5 % vs their prices4 %hold ≈ 4 h
NBA85,844+2,849 open54.2 %53.9 % to 54.5 %−3.3 %−4.0 % to −2.6 %−8.7 %−9.7 % to −7.8 %58,893 followed · −4.9 % vs their prices7 %hold ≈ 5 d
Geopolitics78,005+7,158 open59.3 %58.9 % to 59.6 %−2.7 %−3.4 % to −2.0 %−7.2 %−7.8 % to −6.5 %68,997 followed · −4.3 % vs their prices36 %hold ≈ 20 d
Mentions64,404+1,279 open67.6 %67.2 % to 68.0 %−4.3 %−5.2 % to −3.5 %−12.0 %−13.1 % to −11.0 %45,123 followed · −6.7 % vs their prices14 %hold ≈ 5 d
Elections54,449+35,723 open67.3 %66.9 % to 67.7 %−2.9 %−3.7 % to −2.0 %−6.8 %−7.9 % to −5.7 %36,095 followed · −3.8 % vs their prices20 %hold ≈ 20 d
Finance54,301+5,881 open70.8 %70.4 % to 71.1 %−1.5 %−2.4 % to −0.6 %−9.9 %−11.1 % to −8.7 %28,644 followed · −7.7 % vs their prices19 %hold ≈ 5 d
Other Sports48,760+882 open62.4 %62.0 % to 62.8 %−1.0 %−2.1 % to +0.1 %−10.7 %−11.9 % to −9.5 %30,185 followed · −9.1 % vs their prices6 %hold ≈ 8 h

Held, by entry price

Copy returns by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
under 30¢318,700+16,449 open12.7 %12.6 % to 12.8 %−26.9 %−27.9 % to −25.9 %−46.5 %−47.5 % to −45.5 %157,736 priced · −19.9 % vs entry on these
30–50¢510,425+10,461 open41.8 %41.7 % to 41.9 %−6.7 %−7.0 % to −6.4 %−16.6 %−17.1 % to −16.1 %273,090 priced · −9.9 % vs entry on these
50–70¢519,749+14,013 open61.4 %61.2 % to 61.5 %+0.8 %+0.6 % to +1.0 %−7.5 %−7.9 % to −7.2 %308,991 priced · −5.1 % vs entry on these
70¢ and up1,186,826+76,431 open94.7 %94.7 % to 94.7 %+1.8 %+1.8 % to +1.9 %+3.6 %+3.3 % to +3.8 %465,311 priced · +2.8 % vs entry on these

Held, by topic (the 12 with most resolved entries)

Copy returns by topic
ResolvedHeld side wonCopied at entryCopied 1 h later
Crypto509,516+6,770 open66.3 %66.2 % to 66.4 %−2.7 %−3.0 % to −2.4 %−0.8 %−2.1 % to +0.5 %36,933 priced · +5.9 % vs entry on these
Soccer504,404+10,333 open65.0 %64.9 % to 65.2 %−3.6 %−3.9 % to −3.2 %−11.8 %−12.3 % to −11.4 %234,025 priced · −7.6 % vs entry on these
Esports330,206+4,418 open58.7 %58.5 % to 58.9 %−7.5 %−7.9 % to −7.2 %−25.7 %−26.1 % to −25.2 %212,964 priced · −17.2 % vs entry on these
Weather268,794+4,252 open80.9 %80.7 % to 81.0 %−6.0 %−6.3 % to −5.8 %−7.8 %−8.1 % to −7.4 %191,156 priced · −0.7 % vs entry on these
Tennis224,139+1,346 open68.1 %67.9 % to 68.3 %+2.9 %+2.2 % to +3.7 %−4.5 %−5.6 % to −3.4 %112,803 priced · −4.6 % vs entry on these
MLB124,023+1,121 open59.2 %59.0 % to 59.5 %−2.3 %−2.8 % to −1.7 %−7.2 %−8.1 % to −6.3 %68,944 priced · −4.1 % vs entry on these
NBA79,584+2,849 open55.8 %55.5 % to 56.2 %−4.6 %−5.4 % to −3.8 %−8.0 %−9.2 % to −6.9 %53,062 priced · −2.6 % vs entry on these
Mentions55,031+1,281 open75.4 %75.1 % to 75.8 %−5.7 %−6.6 % to −4.8 %−2.9 %−4.8 % to −1.0 %34,894 priced · +4.3 % vs entry on these
Geopolitics49,485+7,164 open73.1 %72.7 % to 73.5 %−7.1 %−8.1 % to −6.2 %−1.3 %−2.6 % to +0.0 %42,349 priced · +5.8 % vs entry on these
Other Sports45,590+882 open64.8 %64.4 % to 65.3 %−3.4 %−4.5 % to −2.3 %−9.6 %−11.1 % to −8.2 %26,815 priced · −5.3 % vs entry on these
Finance43,901+5,884 open79.3 %78.9 % to 79.7 %−4.0 %−5.0 % to −3.0 %−4.5 %−6.3 % to −2.7 %18,989 priced · +0.5 % vs entry on these
Elections43,198+35,701 open76.6 %76.2 % to 77.0 %−3.4 %−4.4 % to −2.3 %−0.2 %−2.1 % to +1.6 %24,333 priced · +3.2 % vs entry on these

Does conviction predict outcomes?

A conviction bet is an entry of at least 3× the trader's own 75th-percentile position cost over the previous 90 days (at least 10 earlier positions; at least $1,000). The baseline is point in time: only earlier entries feed it. The question is whether those bets won more often, and returned more after costs, than the same traders' normal-size entries at the same prices.

Full history, every trade, no hindsight

39,257,531 resolved entries had a baseline (10+ earlier positions in the previous 90 days); 255,535 did not. Held model: entries held to resolution.

Conviction bets: held side won 80.9 % of 1,145,356 and returned −0.6 % a trade after costs (−0.7 % to −0.5 %); normal-size entries won 63.1 % of 36,933,258 and returned −9.3 % (−9.3 % to −9.2 %). Conviction bets sit at higher prices on average (78¢ vs 61¢), so compare within a band before reading anything into the hit rates.

Conviction vs normal size
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction (≥ 3× own p75, ≥ $1,000)1,145,356+37,228 open80.9 %80.8 % to 80.9 %−0.6 %−0.7 % to −0.5 %+4.4 %+4.1 % to +4.6 %811,801 priced · +5.7 % vs entry on these
Normal size36,933,258+1,141,689 open63.1 %63.1 % to 63.1 %−9.3 %−9.3 % to −9.2 %−18.7 %−18.7 % to −18.6 %14,872,127 priced · −5.7 % vs entry on these
No baseline (under 10 earlier positions in 90 d)249,954+5,581 open56.2 %56.0 % to 56.4 %−9.8 %−10.3 % to −9.3 %−13.6 %−14.2 % to −13.0 %203,728 priced · −1.4 % vs entry on these

By entry price

Conviction vs normal size by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction · under 30¢34,239+1,642 open13.3 %12.9 % to 13.6 %−41.8 %−43.5 % to −40.1 %−36.6 %−39.4 % to −33.8 %31,513 priced · +5.1 % vs entry on these
Conviction · 30–50¢125,446+3,625 open40.2 %40.0 % to 40.5 %−10.9 %−11.5 % to −10.3 %−7.7 %−8.7 % to −6.7 %111,552 priced · +2.6 % vs entry on these
Conviction · 50–70¢208,009+5,909 open62.2 %62.0 % to 62.5 %+0.7 %+0.4 % to +1.1 %+3.6 %+2.9 % to +4.2 %178,435 priced · +3.8 % vs entry on these
Conviction · 70¢ and up777,662+26,052 open95.2 %95.2 % to 95.3 %+2.5 %+2.5 % to +2.6 %+10.0 %+9.8 % to +10.3 %490,301 priced · +7.2 % vs entry on these
Normal · under 30¢6,635,579+218,401 open8.3 %8.3 % to 8.3 %−52.4 %−52.6 % to −52.3 %−62.1 %−62.4 % to −61.9 %2,949,820 priced · −13.5 % vs entry on these
Normal · 30–50¢6,335,951+137,966 open38.9 %38.8 % to 38.9 %−13.3 %−13.3 % to −13.2 %−23.6 %−23.8 % to −23.4 %2,943,726 priced · −8.7 % vs entry on these
Normal · 50–70¢7,455,799+160,545 open63.4 %63.4 % to 63.4 %+3.5 %+3.5 % to +3.6 %−11.1 %−11.2 % to −10.9 %3,210,826 priced · −6.8 % vs entry on these
Normal · 70¢ and up16,505,929+624,777 open94.2 %94.2 % to 94.3 %+3.8 %+3.8 % to +3.8 %+1.8 %+1.8 % to +1.9 %5,767,755 priced · +0.4 % vs entry on these

Site export (tracked wallets, from the day each was tracked)

2,108,734 resolved entries had a baseline (10+ earlier positions in the previous 90 days); 23,386 did not. Held model: entries held to resolution.

Conviction bets: held side won 79.0 % of 119,805 and returned +2.0 % a trade after costs (+1.7 % to +2.4 %); normal-size entries won 61.4 % of 1,844,689 and returned −7.2 % (−7.3 % to −7.0 %). Conviction bets sit at higher prices on average (75¢ vs 59¢), so compare within a band before reading anything into the hit rates.

Conviction vs normal size
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction (≥ 3× own p75, ≥ $1,000)119,805+5,731 open79.0 %78.7 % to 79.2 %+2.0 %+1.7 % to +2.4 %+12.2 %+11.3 % to +13.0 %90,066 priced · +9.9 % vs entry on these
Normal size1,844,689+138,509 open61.4 %61.3 % to 61.4 %−7.2 %−7.3 % to −7.0 %−7.9 %−8.2 % to −7.6 %834,052 priced · −0.8 % vs entry on these
No baseline (under 10 earlier positions in 90 d)21,798+1,588 open57.6 %56.9 % to 58.2 %−4.8 %−6.8 % to −2.7 %−6.8 %−9.1 % to −4.4 %14,869 priced · −1.5 % vs entry on these

By entry price

Conviction vs normal size by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction · under 30¢3,543+294 open16.8 %15.6 % to 18.1 %−27.5 %−33.9 % to −21.2 %−19.2 %−30.2 % to −8.2 %3,112 priced · +6.1 % vs entry on these
Conviction · 30–50¢17,571+488 open43.5 %42.8 % to 44.2 %−4.4 %−6.1 % to −2.8 %−0.6 %−3.1 % to +1.9 %15,114 priced · +3.3 % vs entry on these
Conviction · 50–70¢25,964+958 open64.7 %64.1 % to 65.3 %+4.7 %+3.8 % to +5.7 %+11.2 %+9.5 % to +13.0 %21,712 priced · +6.7 % vs entry on these
Conviction · 70¢ and up72,727+3,991 open95.6 %95.4 % to 95.7 %+4.1 %+3.9 % to +4.3 %+18.4 %+17.4 % to +19.3 %50,128 priced · +13.6 % vs entry on these
Normal · under 30¢375,254+31,329 open9.9 %9.8 % to 10.0 %−41.1 %−41.8 % to −40.3 %−48.0 %−49.1 % to −46.9 %170,429 priced · −13.7 % vs entry on these
Normal · 30–50¢340,147+13,191 open40.8 %40.6 % to 41.0 %−7.7 %−8.1 % to −7.3 %−10.1 %−10.7 % to −9.4 %172,420 priced · −4.1 % vs entry on these
Normal · 50–70¢360,932+15,947 open64.5 %64.4 % to 64.7 %+5.1 %+4.9 % to +5.4 %+1.3 %+0.8 % to +1.8 %176,511 priced · +0.4 % vs entry on these
Normal · 70¢ and up768,356+78,042 open94.0 %94.0 % to 94.1 %+3.9 %+3.8 % to +4.0 %+9.8 %+9.5 % to +10.0 %314,692 priced · +7.3 % vs entry on these

One year of today's top traders (picked with hindsight)picked with hindsight

2,637,060 resolved entries had a baseline (10+ earlier positions in the previous 90 days); 15,994 did not. Held model: entries held to resolution.

Conviction bets: held side won 78.9 % of 127,847 and returned +0.6 % a trade after costs (+0.2 % to +0.9 %); normal-size entries won 66.4 % of 2,392,642 and returned −3.9 % (−4.1 % to −3.8 %). Conviction bets sit at higher prices on average (76¢ vs 65¢), so compare within a band before reading anything into the hit rates.

Conviction vs normal size
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction (≥ 3× own p75, ≥ $1,000)127,847+6,123 open78.9 %78.7 % to 79.2 %+0.6 %+0.2 % to +0.9 %+6.3 %+5.4 % to +7.2 %87,060 priced · +6.2 % vs entry on these
Normal size2,392,642+110,448 open66.4 %66.3 % to 66.4 %−3.9 %−4.1 % to −3.8 %−11.7 %−11.9 % to −11.5 %1,107,665 priced · −6.0 % vs entry on these
No baseline (under 10 earlier positions in 90 d)15,211+783 open61.2 %60.4 % to 61.9 %−3.0 %−5.4 % to −0.6 %−9.0 %−11.4 % to −6.6 %10,403 priced · −3.4 % vs entry on these

By entry price

Conviction vs normal size by entry-price band
ResolvedHeld side wonCopied at entryCopied 1 h later
Conviction · under 30¢3,547+355 open17.1 %15.9 % to 18.4 %−25.6 %−31.4 % to −19.8 %−21.5 %−31.3 % to −11.7 %3,004 priced · +4.5 % vs entry on these
Conviction · 30–50¢17,862+574 open43.7 %43.0 % to 44.4 %−3.5 %−5.1 % to −1.8 %−3.1 %−5.8 % to −0.4 %14,994 priced · −0.1 % vs entry on these
Conviction · 50–70¢27,850+1,056 open62.5 %61.9 % to 63.0 %+1.8 %+0.9 % to +2.7 %+2.7 %+0.9 % to +4.5 %23,257 priced · +2.2 % vs entry on these
Conviction · 70¢ and up78,588+4,138 open95.4 %95.2 % to 95.5 %+2.2 %+2.0 % to +2.4 %+13.1 %+12.1 % to +14.1 %45,805 priced · +10.5 % vs entry on these
Normal · under 30¢312,653+15,900 open12.6 %12.5 % to 12.7 %−27.1 %−28.1 % to −26.1 %−47.0 %−48.0 % to −45.9 %153,056 priced · −20.4 % vs entry on these
Normal · 30–50¢489,451+9,790 open41.7 %41.6 % to 41.9 %−6.8 %−7.1 % to −6.5 %−17.4 %−17.9 % to −16.9 %255,794 priced · −10.5 % vs entry on these
Normal · 50–70¢488,273+12,816 open61.3 %61.2 % to 61.5 %+0.8 %+0.5 % to +1.0 %−8.4 %−8.7 % to −8.0 %283,025 priced · −5.7 % vs entry on these
Normal · 70¢ and up1,102,265+71,942 open94.7 %94.6 % to 94.7 %+1.8 %+1.8 % to +1.9 %+2.5 %+2.2 % to +2.8 %415,790 priced · +1.9 % vs entry on these

Conviction bets right now

The same rule applied live: tracked traders who opened a new position in the last 7 days at 3× their own usual size or more. A market card shows a chip when such bets land on it. Whether that means anything is the table above, not the size.

60 bets in the last 7 days by 32 traders · 1,906 tracked wallets have a baseline (10+ positions in 90 d), 475 do not · updated 2026-11-01 13:40 UTC

A conviction bet is a NEW position of at least 3× the trader's own 75th-percentile position cost over the previous 90 days, and at least $1,000; adding to an old position does not count. Size is not skill: see the research table above for what such bets returned. Past results, not advice.

How it is computed

Data: /api/research/traders/copy · /api/research/traders/conviction · All research