Educational vs Real Market DataEducational vs Real Market Data
Recognise simulated, illustrative, historical and live data — and why the label matters.Simulated, illustrative, historical aur live data pehchano — aur label kyun zaroori hai.
📖 LessonLesson
Every chart or number you see in a lesson belongs to one of four types:
| Type | What it means | Used in this course? |
|---|---|---|
| Simulated | Generated by a computer model to show a concept | Yes — most exercises |
| Illustrative | Simplified, hypothetical numbers in an example | Yes — worked examples |
| Historical | Real past market data | Only when properly licensed, with the source shown |
| Live / delayed | Current exchange data | Not in lessons; requires data agreements |
Simulated prices can differ from real markets: real trading has bid–ask spreads, slippage, sudden news, liquidity gaps and costs. That is why a strategy that looks perfect in a simulator may behave differently with real money.
Rule: always check the label. In SmaartAlgos lessons, examples are marked “Hypothetical” or “Simulated”.
Lesson me dikhne wala har chart ya number in 4 types me se ek hota hai:
| Type | Matlab | Is course me? |
|---|---|---|
| Simulated | Concept dikhane ke liye computer model se bana | Haan — zyadatar exercises |
| Illustrative | Example me simple, hypothetical numbers | Haan — worked examples |
| Historical | Asli purana market data | Sirf licence ke saath, source ke saath |
| Live / delayed | Exchange ka current data | Lessons me nahi; data agreement chahiye |
Simulated prices real market se alag ho sakte hain: real trading me bid–ask spread, slippage, achanak news, liquidity gaps aur costs hote hain. Isliye simulator me perfect dikhne wali strategy real paise me alag behave kar sakti hai.
Rule: hamesha label check karo. SmaartAlgos lessons me examples par “Hypothetical” ya “Simulated” likha hota hai.
⚠️ Common mistakesCommon galtiyan
- Assuming a chart in a course is today's real market.Course ke chart ko aaj ka real market samajhna.
- Ignoring spreads and slippage when comparing simulator and real results.Simulator aur real results compare karte waqt spread aur slippage ignore karna.
- Sharing simulated results as real performance.Simulated results ko real performance bata kar share karna.
✅ Quick quizQuick quiz
Score 2 out of 3 or more and the lesson is marked complete automatically.3 me se 2 ya zyada score karo, lesson apne aap complete mark ho jayega.
📝 SummarySummary
- Four data types: simulated, illustrative, historical, live.4 data types: simulated, illustrative, historical, live.
- Simulators ignore many real-world frictions.Simulators real duniya ki kai rukawatein ignore karte hain.
- Always read the data label.Hamesha data label padho.
📚 Sources & market rules usedSources aur market rules
Last reviewed: 2 November 2026 · Version 1.0 · Prepared by the SmaartAlgos Academy team.Last reviewed: 2 November 2026 · Version 1.0 · SmaartAlgos Academy team dwara taiyaar.
Education only. SmaartAlgos is not a SEBI-registered investment adviser or research analyst. Nothing in this lesson is a recommendation to buy or sell any security. Options trading involves substantial risk of loss. Examples are hypothetical or simulated; market rules are shown with their effective dates — always confirm the latest official circulars.
Sirf education. SmaartAlgos SEBI-registered investment adviser ya research analyst nahi hai. Is lesson me kuch bhi kisi security ko buy ya sell karne ki salah nahi hai. Options trading me bada loss ho sakta hai. Examples hypothetical ya simulated hain; market rules effective date ke saath diye gaye hain — hamesha latest official circular confirm karo.