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for GBP pair, the volatility is high. I trade on all pairs except for GOLD( Because of high spread level)- Chosing pair based on price action on D1 timeframe.
The strategy is to deposit 200 dollars or less when you find out new broker with better benefit . Withdraw the profit and leave the margin. If loss, do not deposit. try to recover the margin first and trade with small lot. COntrol your money management
Important parts of trading:
1) Money management
2) Managing risk ( analyze all Time Frame)
3)Knowledge on price action
4) Safe trading ( set tp and sl based on analysis)
5} Do not simply follow others signal and put full margin in trading.
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