Encyclopedia › Risk and position sizing ›
Paper trading and demo accounts
In one line: Practising with fake money before using real money.
Paper tradingPractising with fake money. means placing pretend trades. It's great for learning buttons, order types and your own routine.
It does not show real fills, slippageGetting a worse price than you expected., or how you feel when real money is on the line. Treat demo results as practice, not proof.
Related
Sources & studies
Last checked: 2026-11-04 · Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.