Practice in forex trading majorly refers to demo trading and you must be committed to this task until you have been at your best. What you do here is trading but at the demonstration stage and that is it is called demo trading, you are getting yourself prepared and ready to face the challenges of a trading live accounts. Trading in this concept is seen as when you begin to handle the live accounts.

Practice and trading differ in their objectives and risk profiles. Practice, often through demo accounts, involves simulated trading without real money at stake. It's a learning tool where individuals refine strategies and familiarize themselves with market dynamics. Trading, on the other hand, involves the actual buying and selling of financial instruments with real capital, exposing traders to market risks and rewards. While practice builds knowledge and skills, trading tests one's ability to make informed decisions in a live market. Both are integral, with practice serving as a crucial preparatory step before engaging in the dynamic and unpredictable realm of real-time trading.