How to Reset TradingView Paper Trading Easily 2026

With a chart open on TradingView, look for the Paper Trading tab docked at the bottom of the screen next to Trade. Clicking it expands a panel showing your simulated account: its name, current Account Balance, Equity, Realized and Unrealized P&L, and available funds, plus tabs for Positions, Orders, Order History, Balance History, and Trading Journal.

Click the small caret next to the "Paper Trading" label at the top left of the panel (not the account-name dropdown beside it, which switches between accounts if you have more than one). That opens a menu with Trading settings, Summary row, Export data, Connect another broker, and Log out Paper Trading. Trading settings is where the reset option lives; TradingView's own documentation describes reaching account settings through a gear icon next to the account name, and this menu is that same destination.

Before resetting, check the Positions tab for anything still open. TradingView's reset wipes the account's orders, history, and positions outright, so there's no strict need to close trades manually first.

Doing it anyway gives you a clean read on how your last session performed before that data disappears for good. If the panel already shows "There are no open positions in your trading account yet," you're clear to move straight to the reset.

Selecting Trading settings, then Reset account opens a dialog with a clear warning: the account's orders, history, and positions will be deleted, its balance will be set to whatever value you enter, and the action can't be undone. Enter a Balance and pick a Currency, then set leverage separately for Stocks, Futures, Forex, Crypto, and Others if you want different simulated leverage than your last setup. Click Reset to confirm, or Cancel to back out.

After confirming, the panel's Account Balance and Equity figures should immediately show the new starting number, with Realized P&L, Unrealized P&L, and margin figures back at zero. The Summary row menu, opened from the small icon in the corner of the panel, lets you toggle which figures show in that row, which is a fast way to check the reset landed across balance, equity, and margin without opening each tab.

A reset is permanent and deletes everything on that account. If you want a fresh account without losing the record of your last one, TradingView supports connecting more than one Paper Trading account at once, each with its own balance and currency. Use Connect another broker in the panel menu to add a second simulated account instead of wiping the first.

A reset is a good moment to fix habits, not just numbers. Decide your position size as a fixed percentage of the new balance instead of picking round numbers on the fly, and set a hard rule for how much of the account you're willing to risk on a single trade before you place it.

Paper trading carries no real financial consequence, so it's tempting to oversize positions just to see what happens. Resist that. The value of practicing here is building habits that transfer to a live account.