3. Take your time to practice demo trading before going into real trading.
There are advices that will be given but newbies will think it's one of the means to prohibit them from trading, if you're a newbie, don't open any trade option without comprehending with appropriate knowledge what the marker is all about, I don't want the mistake that happen to me repeat itself to any one I've known or seen online. Yeah, you're right. A newbie ought to become practically balance and accurate in triggering open trade and also closing trades on demo account for preparation for the main tasks ahead, before hooping for the real acounts.
And when they get into the real trading, it's fine to start with the minimum amount that the exchange requires them or even more than the minimum as long as they can take the possible loss of their actual starting capital.
Expect that it's not an easy thing for them when they start because everyone should start somewhere right? While for most of the starters, it's always like that.
Most results will be against to their will but after several trades and when you know how trading actually works, you'll create a strategy that you might want to test then.