1. Trading account risk
Start with a demo account first. When you become profitable in demo, you may move to live trading.
The risk is $0.
2. $200-$500 Risk Are you mentally prepared to lose a few hundred dollars, as 'tuition', fees, memberships, etc... in the event that it takes longer than anticipated?
3. 10 cents per pip ($1 to $5 per trade? ). Trading forex offers 10 cents per pip and trading binaries can be done for as little as $5 for OTM contracts.