Some would argue that if you are a novice as such you have implied, you should, at the very least, be a year away from your very first (confident) trade.
Start educating yourself now - not by reading (that can be very, very damaging), but by watching. Find a charting service and start watching. Now. IMHO, you don't need to learn jargon, you need to learn charts. (Yes, many traders think charts are bad, bunk, useless . . . you will find opinions covering an entire spectrum of arguments, but alas there's beauty there because traders make (and lose) money in so many different ways.)
So, as you're watching (again, not reading). . . start trying to explain to yourself how and why the market did what it did and is doing what it is doing. Hypothesize. Then, analyze your hypothesis. Lather, rinse, repeat. The template for your hypotheses can be as such: "If price does [this], then I will enter, if it does [this] I will take my profit and if it does [this] I will take my loss. Do this on paper and simulate your account (of course, you will have to learn the arithmetic involved, which does entail some reading!)
Go from there and it won't be long until you realize there are fundamental consistencies in the way price behaves. Then, you're well on your way to at least confidently breaking even!
Most if not all traders have built and established a "system," or "method" of trading which defines when/where/how you should enter the market, in what direction, and when/where/how you will exit. Some traders base their systems on the news or the overall fundamental strength of a stock. Some traders base their systems on moving averages and "candles" (a type of charting display.) All I can advise is base your system on independent observation and nothing else.
Once you have accepted an observational approach, go ahead and take a look at what others are doing, but only to guage your own methods. Keep in mind, no system for sale is worth its salt - one thing we are all very aware of here is if someone has a "consistently profitable system," then they wouldn't need to try and sell you their system.
You will come across what I believe are very flawed trading maxims, and illusory paradigms which in their fundamental spirit are limiting. Be very wary when one says certain things aren't possible - IOW, don't entertain negatives.
Largest piece of advice I can offer - think of a way to make money without having to predict price direction . . .
Finally, (forgive the length, wrapping up now), let go of that money. If it will make a difference in your livelihood, put yourself in the position to where it won't. So you can get used to how cold the water is, go ahead and open up a very small forex account - 50-100 pounds (i assume pounds), and go ahead and try to see if you can hit some winners (IOW, "paper-trade" with real money) - but the point is to develop the ever-so-necessary tolerance for stomaching your losses.
Of which there might be plenty.
