Being new trader i think you should consult god experienced forex broker. Being new trader if you will invest without knowledge then you may loose your money so its better to invest with broker to avoid risk of loosing money
I think to protect small investment we must study market carefully then invest in market or if you are new treader then you should invest with help of expert advise.
I agree with you. Every day new trader enter in market and loose their money due to lack of knowledge in forex trading. New trader must learn first then invest in forex.
Broker selection is very important. Reliable stock trading broker are though who are regulated menace they have their own license number so that we can check they are genuine or not after all we in future we are going to spend lots of money so licensed and regulated is important.
If I am not wrong you are taking about over greed while doing trade. Their is one solution i do is always keep in mind that i earn this money by lot of efforts so i dint greed to earn more if their is risk and control my greed.
I think book is really helpful but i think bookish knowledge is different thing and practical knowledge is diffrent so we should more concentrate on practice learning try to get knowledge by forums, webinars, forex news etc.
You must select popper and trusted broker while choosing broker. He must be regulated with proper license no. I know one very good broker which trusted in market.
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Forex trading
Yes I would like to tell all new trader that they should always update them self by latest market trends and forex news which help them to avoid from loss.
I think online trading is much better then manual, nowadays online trading become very advance and have so many new advance trading tool which help us to lead in forex trading.