The present invention discloses a fluorescence labeled acroleic acid-sodium allylsulfonate copolymer and a method for preparing the same. The method comprises the following steps: 4-bromine-1,8-naphthalic anhydride, methylamine, N-methyl diethylenediamine, and the like are used as material and is subject to amidation reaction, amination reaction, and quaternization reaction to be synthesized, and a novel fluorescence monomer 4-(N'-methyl-1-diethylenediamine)-N-methyl-1,8-naphthalimide allyl chloride quaternary ammonium salt is obtained by synthesis; and then the fluorescence monomer is copolymerized with sodium hypophosphite, acroleic acid and sodium allylsulfonate to obtain the FC-AA-SAS product. The raw materials for synthesizing the fluorescence monomer and the polymer are easy to obtain and the reaction conditions are mild. When the product is used in circulating water, the thickness of a medicament in a circulating water system can be accurately, duly and quickly measured through the variation of the fluorescence intensity, and the on-line medicine addition and the quantitative control are realized. Therefore, the on-site operation is largely simplified, and the management level is improved. The functional groups, such as sulfonic group, phosphino group and the like, are introduced into molecules, and thus the polymer has a plurality of functions, such as fluorescent tracing, anti-precipitation, disgregation and the like.