How can I start 2 terminal sessions at the same time?

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I wonder if I can start 2 terminal sessions at the same time? i.e., one for demo, one for real. Since I know that this can be done using different windows login names, is it also possible to be done under one login name only?
 
Install terminal into 2 different directories.

You cannot manage login name because login name is your account number
 
Install terminal into 2 different directories.

You cannot manage login name because login name is your account number


Thanks Slawa
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