The PolyDashboard paper trading simulator lets users practice BTC Up/Down entries with virtual balance. It is intentionally placed next to the live chart because the useful feedback is visual: where was the entry, what moved afterward, and did the position match the user's read of the round?
Virtual balance is not money held by PolyDashboard. It is local simulator state used to track practice entries and exits. The simulator can help you rehearse a decision flow, but it does not show the full cost of real execution, liquidity, latency, platform fees, account limits, or emotional pressure.
A useful paper trading note is specific. Instead of writing that a round looked good, record what the market price was doing, how BTC had moved, whether the gap looked stretched, and what would have invalidated the entry. That makes later review possible.