Originally Posted by BigBoppa

I think most people have a wrong picture about fx & eas.
They think, the only problem is to find a ea which makes profit, then start this ea and go to the beach for the rest of the week. And every sunday they go to the atm to get the cash...

Although it is hard work to code a profitable ea (profitable for the moment), it is even more work to keep this ea profitable. You have to look every day what the ea is doing, get new ideas, modify ea, backtest, discard ideas or not , compare strategies and so on.

You have to be able to analyze the reason why ea gets into trouble (if so), you must modify ea for changing markets.
For this procedure you need the ability to see the chart like the ea, you need coding knowledge and you need to have intimate knowledge of the ea itself.
That´s the reason why none of the blackbox-commercial-eas will be profitable over a longer time period.
So, if you want to have success with eas, you have to learn how to code them. If you don´t like to learn coding, forget the automated trading.

I´m at this fx ea business for 3 years now and i have 2 profitable eas, but it took me several hours every day to
keep them profitable... it´s just a business like any other, no easy going...

bbop