NSE Pathshala OR NSE Paathshaala is the virtual trading platform created and maintained by Nation Stock Exchange of India. It is specifically useful for beginners and newbies who can test their trading skills without risking their real money. It is like the demo account of the Metatrader brokers and is maintained by Omnesys India Limited, who are the creators of Nest Trader. In this post, I will take you through a step by step guide on NSE Pathshala tutorial.
What is Virtual Trading?
Virtual Trading is trading on a test or demo platform without risking real money. Generally, the broker or the exchange provides virtual cash to the trader or investor which he can use just like real money for trading. He can trade as per the margin available. Orders will be generated and fired to the exchanges, trades will be executed, the only catch is that the orders will not be traded in reality. But it is very useful to create a simulating environment and to prepare the trader for real money trading.
What is the difference between Paper Trading and Virtual Trading?
In paper trading the traders take trade notionally, that means they fix a trade price in mind and writes it down. He again writes down the square off the price, but he does not trade in reality. But in virtual trading, the trader’s trade practically incurs profit or loss but it does not affect his pocket as the trades are taken of virtual money. So in that sense, virtual trading is better than paper trading as it also gives a practical trading experience to a trader.
NSE Pathshala Tutorial (Login)
- Open the NSE Paathshaala site HERE.
- You will find a NEW USER section as well as a log in section.
- If you are A new user please register as per the image below:
- You will receive your password in your registered mail or mobile. If you do not get your password or gorget your password, then create a new password using FORGOT PASSWORD option on main page.
- New users when logged for first time please don’t forget to change your password.
NSE Pathshala Tutorial (Demo Trading):
- Create your first ever market watch or watch list and add scrips in your market watch.
- Once your watch list is ready you can put orders, track orders and check your fund position from this virtual terminal.
- New orders can be given as well as old orders can be modified or deleted just like any full functional trading terminal.
- You can also track your limit and MTM profit or loss from the NSE Pathsala terminal.
Watch this video on NSE Pathshala below:
I will discuss more on other demo platforms in the coming days. I will love to answer your queries on this subject in the comment section below.