Isn't simulation trading similar to paper trading. Also in paper trading we can make quick moves and understand the markets without actually spending a penny. These kind of techniques are good if we want to learn about trading and also they are a best head start for newbies hooping into the trading markets.

Peoples usually find trading much simple but once they actually move onto trading, they land up into looses so simulation trading or paper trading might be a better solution for those to test their trading strategies first before actually starting with trading. Trading is a subject to market risk and also peoples do have excess looses in trading if they handle trading that lightly.