True! It would be appropriate for beginners to start their live trading with a small amount. As beginners lack the right trading psychology, this would be a proper approach for them to develop trading psychology without losing much.
As an economic market, it’s quite natural that there will be upturn and downturn. So, accept them as they are and try to make the best use of both the market sides because you have the option to trade on both bearish and bullish market.
Identifying possible market direction is known as forecasting. The better a trade can forecast the market, the better he can earn from Forex. Good analytical ability is needed for better market prediction.
ECN broker is the top of all and they use smart bridge technology. Select such an ECN broker that meets your trading requirements and allows you with high security of funding.