Whilst new traders will paper / demo trade and test out their trading strategy before diving into the market, the same can not always be said for the same traders when it comes to new strategies.

Traders should remember that the market will always be there and that the same, if not more, time and effort should be given to every new trading strategy prior to executing it with hard earned cash in the markets.

With this in mind ensure that your broker allows you to maintain a separate “trial account” alongside your funded trading account. This will allow you to not only test features of the platform but more importantly practice new trading strategies with demo funds as opposed to your trading equity.