MIS vs CNC: Product Types Explained for Paper Traders

CNC (Cash and Carry) is delivery: you buy shares and hold them in your demat. On PrintProfits, CNC holdings stay until you sell — like a real broker, but with virtual shares.

MIS (Margin Intraday Square-off) is intraday: higher leverage, positions must be closed the same day. Real brokers square off MIS at ~3:15 PM IST — PrintProfits does the same so you learn the rule early.

Key differences

• MIS uses less margin per trade but must exit same day
• CNC needs full value blocked but can hold overnight
• F&O often uses NRML or MIS depending on product

Practise both on PrintProfits before risking real capital.