Monitor your prediction market positions, track profit and loss, and manage pending orders.
Overview
Once you've placed trades, you need to track how they're doing. Positions & Orders gives you a real-time view of every outcome share you hold, your current PnL, and any limit orders still waiting to fill.
What you can do:
View all open positions with current value and PnL
Check positions in a specific market
See all pending limit orders
Monitor your USDC.e and POL balances on Polygon
Viewing Positions
Your positions are the outcome shares you currently hold. Each position shows the market, which side you're on (Yes/No), how many shares you hold, your cost basis, current value, and profit or loss.
Prompt
Interpretation
"Show my Polymarket positions"
All positions with current value and PnL
"What positions do I have?"
Full position overview
"How are my prediction market bets doing?"
All positions with performance
"Show my position on the BTC $150k market"
Position in a specific market
"Am I up or down on my Polymarket trades?"
Overall PnL snapshot
What You'll See
For each position:
Field
What It Shows
Market
The event/question you're trading on
Outcome
Which side you hold (Yes or No)
Shares
Number of outcome tokens you hold
Avg Price
Your average cost per share
Current Price
Where the outcome is trading now
Current Value
Shares × current price
Cost Basis
What you originally paid
PnL
Current value minus cost basis
Understanding Your PnL
Your PnL on prediction markets comes from two sources:
1. Price movement (before resolution) You bought 100 Yes shares at $0.40 ($40 total). Price moves to $0.60. Your position is now worth $60. Unrealized PnL: +$20.
2. Event resolution (final payout) The event resolves Yes. Each share pays $1. Your 100 shares pay out $100. Realized PnL: +$60 ($100 payout minus $40 cost).
Checking Specific Markets
Filter your positions to a specific market when you want to focus on one trade.
Prompt
Interpretation
"Show my position on the election market"
Position details for that specific event
"How many Yes shares do I hold on BTC $150k?"
Share count and value for one position
"What's my PnL on the NBA Finals market?"
PnL for a specific position
"Am I holding anything on the Oscar market?"
Checks if you have a position
Viewing Open Orders
Open orders are your pending limit orders that haven't filled yet. They sit on the order book waiting for the price to reach your level.
Prompt
Interpretation
"Show my open orders"
All pending limit orders
"Do I have any unfilled orders?"
Checks for pending orders
"Show my open orders on the election market"
Orders for specific tokens
"What limit orders do I have?"
All pending limits
What You'll See
For each open order:
Field
What It Shows
Market
Which market the order is on
Side
Buy or Sell
Outcome
Yes or No
Price
Your limit price
Size
Order amount (USD for buys, shares for sells)
Status
Open, partially filled
Managing Orders
Prompt
Interpretation
"Cancel my order on the BTC market"
Cancels a specific pending order
"Cancel all my orders"
Cancels every pending order
"Cancel my orders on the election tokens"
Cancels orders for specific outcomes
Tip: If a market is moving against your limit price, consider cancelling and re-placing at a more competitive level.
Checking Balances
Your Polymarket trading happens on Polygon. Check your available balance to know how much you can trade.
Prompt
Interpretation
"What's my Polymarket balance?"
USDC.e and POL balances on Polygon
"How much can I trade on Polymarket?"
Available USDC.e balance
"Show my Polygon balances"
Full balance view
Token
What It's For
USDC.e
The currency used to buy shares on Polymarket
POL
Polygon's native token, used for gas fees
Position Lifecycle
Here's how a prediction market position flows from entry to exit:
Scenario 1: Sell Before Resolution
Scenario 2: Hold to Resolution (Correct)
Scenario 3: Hold to Resolution (Incorrect)
Scenario 4: Partial Exit
Common Workflows
Morning Check
Position Review
Taking Profits
Pro Tips
Check positions regularly - Prediction markets can move fast on news events
Don't forget about open orders - Unfilled limit orders still commit capital in some cases
Partial exits reduce risk - Sell enough shares to cover your cost basis and let the rest ride for free
Track your average price - If you bought at multiple levels, your average matters more than any single entry
Consider selling before resolution - A bird in the hand: locking in a 50% gain now is sometimes better than waiting for a potential 150%
Keep enough USDC.e for new opportunities - Don't go all-in on one market, new events appear constantly
1. Buy 100 Yes shares at $0.40 ($40 spent)
2. Probability rises to $0.70
3. Sell 100 shares at $0.70 ($70 received)
4. Profit: $30 (75% return)
→ You don't need to wait for the event to resolve
1. Buy 100 Yes shares at $0.40 ($40 spent)
2. Event resolves Yes
3. Each share pays out $1.00 ($100 received)
4. Profit: $60 (150% return)
1. Buy 100 Yes shares at $0.40 ($40 spent)
2. Event resolves No
3. Each share is worth $0.00
4. Loss: $40 (100% loss)
1. Buy 200 Yes shares at $0.30 ($60 spent)
2. Price moves to $0.55
3. Sell 100 shares at $0.55 ($55 received, nearly covers cost basis)
4. Hold remaining 100 shares risk-free
5. If event resolves Yes → $100 additional payout
1. "Show my Polymarket positions" → See all positions and PnL
2. "Show my open orders" → Check if any limits filled overnight
3. "What's my balance?" → Available capital for new trades
1. "Show my position on BTC $150k" → Current value and PnL
2. "What's the current price on Yes?" → Has probability moved?
3. "Price history on this market" → Trend direction
4. Decide: hold, add, reduce, or exit
1. "Show my positions" → Identify winners
2. "What's the price on my Yes shares?" → Current value
3. "Sell 50 shares at $0.80" → Limit sell for profit
Or: "Sell all my Yes shares" → Market sell to exit entirely
