Paper trading is Basically one of the most convenient method to learn stock. Market by analyzing the graph patterns and Candlesticks without any requirement of the capital. Paper trading is basically used for the beginner of the stock market those who want to learn the stock market and its fundamental and technical analysis without any use of their funds.
It basically work like and real invested value of the share market. for example you are sitting in front of you system and the index of nifty 50 is one uptrend and with multiple analysis like understanding of the candles and the top nifty stocks you are making trade of the particular price that the market is stuck on it it your analysis says that market will be up the just making the prediction of the particular price or same as the down side. It completely based on the trading the pen and paper without any risk. It will help to understand the market and it will help to learn new patterns and strategies.