Backtesting

Polymarket Paper Trading vs Backtesting: Which Comes First?

Compare Polymarket paper trading and backtesting, including when to use each and why historical order book replay should come before live simulation.

Polymarket paper trading and backtesting answer different questions. Backtesting asks whether a strategy worked across historical resolved markets. Paper trading asks whether the live implementation behaves correctly now.

Comparison

MethodBest forMain weakness
BacktestingTesting many resolved markets quicklyDepends on data quality and fill assumptions
Paper tradingTesting live infrastructureSlow sample collection and no known outcome yet

Recommended Order

  1. Backtest on resolved markets.
  2. Stress-test slippage and order size.
  3. Paper trade live signals without capital.
  4. Deploy small and monitor fill quality.

Why Backtesting Comes First

Backtesting lets you evaluate hundreds or thousands of historical markets before waiting for new live samples. Paper trading is still useful, but it should validate implementation after the strategy has earned the right to be tested live.

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