The intraday cycle, simulated end to end
Place an intraday order in equity or index options and margin is blocked from your virtual wallet. Attach a stop-loss and a target and the platform will exit the position for you when either level trades, recording which one closed it. Anything still open at the intraday cut-off is squared off automatically, as it would be at a broker.
That last part matters more than it sounds. Traders who have never been squared off at the close do not really understand why holding a losing intraday position "until it comes back" is not an available strategy.
What to work on, in order
First: mechanics
Place twenty orders with no strategy at all, just to make order entry, modification and exit automatic. Fumbling the interface during a fast move is an expensive way to learn it.
Second: the exit
Define the stop-loss before the entry, every time, and attach it to the order. Compare your results with attached stops against results where you exited manually.
Third: sizing
Fix the rupee risk per trade as a small percentage of your virtual capital and let that dictate quantity. This single rule separates survivable losing streaks from account-ending ones.
Fourth: selectivity
Count your trades per day. Most losing intraday records are not bad strategies, they are good strategies traded too often.
Measuring an intraday routine
The Analysis screen aggregates closed trades into win rate, average win against average loss, and profit or loss by instrument, by strategy and by date. For intraday work, the useful comparison is day by day: a strategy that makes money on three days and gives it back on the fourth has a consistency problem, not an edge problem, and consistency is fixable.
Frequently asked questions
Are intraday positions squared off automatically?
Yes, at the intraday cut-off, the way a broker would square them off.
Can I practise intraday on options as well as stocks?
Yes. Both NSE equity and index options support intraday positions.
Does the stop-loss trigger when I am not watching?
Yes. Attached stop-loss and target orders are handled by the platform, and push alerts tell you when one fires.