Forex trading is quite risky and if not done correctly, you could end up losing a lot of money. Practicing is a good way to learn how to trade before you actually begin buying and selling real money. By having practice of how to deal with real life situations, you will have the knowledge of whatever comes your way. By getting practice trading experience, you will be aware of the principles made use of in forex trading, what factors will affect your investments and how you need to go about buying and selling shares. This practice will use a stock market simulation and teach you how to go about doing this in real life.
When trying out online practice forex trading, you have the choice of picking from two types of game simulators; fantasy simulators and financial simulators. The former is one which will allow you to practice trading in stocks by making use of a financial portfolio which will be based on actual stock entries. The fantasy game simulator however is based on stocks which are imaginary and is hence the total opposite of financial simulators.
If you wish to make money in the real stock market, it would be a good idea to practice first to understand the basics before you actually begin. Practicing is a risk free way of trying out stock/forex trading as you will not lose any money! Do give it a try and once you have achieved the skills required, you can enter the stock market and make your way through huge amounts of money.