Of course novices would better start with a solid sums of money, however it will be very sad if they lose them all. I guess that everybody who consider trading as their new hobby or career has to properly count their accumulations and decide which part of it they're ready to invest. Your case is quite profitable if you thoroughly make a trading plan and create a strategy. Also, you in case you comply money and risk managements (I insist on complying it) then you can open a position with 50-100$ per trade. It can lead to a very good result in case you're quite experienced. As minimum you have a confidence as you've decided to start trading with such amount of money.