Hi, after almost a year i have decided to move away from Trading. i didn't put in a lot of money but still it was quiet some money so i am still not happy with this outcome for obvious reasons.
Anyhow, the EA you are going to make, assuming that the market works in an inherently coherent way(Patterns or models) and there isn't huge competition in this market(Currency Exchange bureau's or banks), it is still not enough for you to be successful.
The truth is your broker isn't really your friend, they will do what works best for them. they will not necessarily steal your money but they will surely open or close some trades in undesired price levels and put the blame on the unavailability of the price.
further inquiries with the customer service will lead you to nowhere. if you want to make profit in this market you would need insider contacts or information. which is what the successful ones are doing but are not telling.
Also if you are relying on technical analysis alone then you are clearly, clearly still on the deep end of Plato's cave.
Technical Analysis is simply the cherry on top of the real fundamental analysis.
well that's about it. now i just don't know what to do with all this knowledge that i have gathered.
what do you guys suggest ? become another trading guru for the newbies and make a buck with it or what ?