Since you are a newbie in trading, what you need to do is learning and do a lot of training through demo like an athletes. Don't invest your money first just download meta trade software from simplefx and demo trade first until you are able to get a consistent profits before open a real account.
That's a better suggestion, at the same time parallel to it try to start trading with small amount. This will help you understand the necessary steps to be followed to make a trade successful without getting ended in loss in the beginning itself.
But learning self-taught trading takes a long time without anyone to guide better to learn from someone who is really a professional trader, or at least have one friend who same learn to trade can make faster because sharing the science of trading.