Analysis
Why Copying RN1, $13 Million in Profits, Loses Money
RN1 is one of the most profitable accounts in Polymarket's history. It is also one of the worst to copy. This paradox sums up the traps of copy trading.
Huge profits, a tiny margin
At the end of October 2026, RN1 showed more than $13 million in profit… on more than $1.4 billion traded. Relative to volume, that is a margin of less than 1% per dollar traded. That figure, not the total profit, is what matters to a copier.
A bot, not a forecaster
When we measured it in October 2026, the account placed nearly 14,000 orders on 2,359 markets in a single day. No human does that: it is a program exploiting small price gaps, very fast, across a huge number of markets.
Taken one by one, at equal stakes, its picks of that day even lost money (−3.7%). It wins another way:
- through speed: it buys before the price moves;
- through its place in the order book: it posts orders that others fill, captures the spread and doesn't pay taker fees;
- through volume: 1% on hundreds of millions is a lot of money.
What the copier goes through
The copier arrives later: buys at the displayed price, pays the spread instead of capturing it, and pays Polymarket's fees. At the prices RN1 was buying, those fees averaged 2.7%, well above RN1's margin. Add a copy bot's fee and the copy is losing from the start, even with a free tool.
This isn't theory: a PolyCopy user who followed RN1 ended up losing over the same period in which RN1 made $9.7 million, on the same markets.
The lesson
To pick a trader to copy, never look only at their profit. Look at:
- their margin per bet (profit / volume) and the quality of their picks at equal stakes;
- their pace: a few considered bets a day, not thousands of orders;
- the timing of their bets: before the event, not during it.
Our full method: Which Polymarket traders to copy? And RN1's current numbers are on its profile page.
Frequently asked questions
Can you copy a trading bot on Polymarket?
Technically yes, but it almost always loses: the bot wins through its speed and its place in the order book, which a copier cannot reproduce.
Would lower fees make RN1 copyable?
No. Even with a 0% bot fee, the Polymarket fees and the spread paid by the copier exceed RN1's margin.