Is practicing with demos really effective?

From my experience, using a wealth inn demo
helped me understand basic mechanics like order placement, portfolio adjustments, and tracking performance. It’s true that the psychology is different when no money is at stake, but it still provides a good learning curve. I treated the demo as if it were real, sticking to strategies and analyzing results carefully, which built a level of discipline I could later apply with actual funds. It was also a way to explore how certain decisions impacted outcomes without real financial loss. Once I moved to live trading, I felt much more prepared and less overwhelmed, because the demo gave me a sense of familiarity with the platform’s tools and processes. For me, it wasn’t just a gimmick but a practical stepping stone.