$BTC

Virtual trading, also known as demo trading, is the practice of trading using virtual money instead of real money. This type of trading allows novice investors and traders to experiment with their strategies and understand how the markets work without risking their real money.

Benefits of virtual trading:

Training: Helps learn the basics of trading and different tools.

Strategy testing: New strategies can be tested without taking any risks.

Understanding the market: Provides an opportunity to understand real market dynamics.

Building confidence: Gives new traders confidence before moving on to real trading.

Virtual trading is an important educational tool, but it does not involve the same psychological risks as real trading.