Using Demo Trading Platforms to Test Theoriesby Boris Schlossberg
Even after you decide to trade live, demo trading can be very valuable. Many successful traders will test strategies and set-ups on practice accounts before they try them out with real money. Although demo trading will not guarantee you profits in real life, almost all traders agree that if you cannot first achieve success on a demo, you are almost certain to fail in your live account. This is why demo trading is vital to the growth and development of all FX traders.