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What is simulated trading?
The funds in simulated account transactions are all virtual and will not have any impact on the real financial situation. The market environment faced by the simulated exchange is completely consistent with the real market environment. Simulated trading is trading with "virtual funds" in a real market environment. Investment is risky. Financial market is a place to store risks and benefits. Compared with other markets, the foreign exchange market is relatively volatile. Coupled with the use of high leverage, the risk of foreign exchange trading becomes very huge. The advantage of simulated trading is that you don't have to take real money to risk trading, but you can understand the basic principles and rules of foreign exchange market and foreign exchange trading through simulated trading. When you are familiar with the market and trading, and have your own set of effective trading strategies, then you can devote yourself to the real trading. Many traders' trading careers begin with simulated account trading. Many people don't know anything at first, what is the foreign exchange market and what is foreign exchange trading. When they first came into contact with foreign exchange trading, most of them just made simulated trading with a playful attitude. Through simulated trading, I became interested in foreign exchange trading, began to know more about the foreign exchange market and foreign exchange trading, and learned a lot myself. Finally, I gradually became familiar with the foreign exchange market and learned a lot about foreign exchange. While increasing their understanding of foreign exchange, traders will also use simulated trading to practice trading skills or optimize trading strategies.