Trading Simulator: An IntroductionĪ Forex or stock market simulator is a piece of software that 'simulates' real market conditions. You don't want to risk your funds while practicing however, so using a simulation software on a demo account allows you to learn the ropes without suffering any losses. The good news is that an online stock market simulator can assist you in accomplishing this. As a result, practice is more important than theoretical knowledge.
Trading is no different, and the number of hours invested by a trader is what separates Forex beginners from trading professionals. We've all heard that practice makes perfect and that it takes 10,000 hours to master a skill.
When to Start Trading on a Live Account?.Choosing the Best Forex Trading Simulator.Trading Simulators: Advantages and Disadvantages.