Reliable long-time storage of arbitrary quantum states is a key element for quantum information processing. In order to dynamically decouple a spin or quantum bit from a dephasing environment, we introduce an optimized sequence of $N$ control pulses of finite durations $τ\pp$ and finite amplitudes. The properties of this sequence of length $T$ stem from a mathematically rigorous derivation. Corrections occur only in order $T^N+1$ and $τ\pp^3$ without mixed terms such as $T^Nτ\pp$ or $T^Nτ\pp^2$. Based on existing experiments, a concrete setup for the verification of the properties of the advocated realistic sequence is proposed.