Basically FuturesUnderstand it
Simulation helps test order-entry skills, routine adherence and repeatability without risking capital. However, some simulators simplify fills, spreads, queue position, latency or market impact. Emotional reactions also differ when money is at stake. Treat simulation results as hypothetical and label them clearly. For any strategy evaluation, keep the simulated evidence separate from actual brokerage records.
A simulator may fill a limit order whenever the last traded price touches the limit. In a real order book, other orders may have priority and the same order may remain unfilled.
Watch for this misconception
Presenting profitable paper results as equivalent to verified live performance.
Identify three factors a simulator may not accurately reproduce in your intended market.
Readiness checklist ↗What does profitable simulated trading establish?
Check the sources
Hypothetical educational examples. Verify current product specifications and rules before making decisions.