The approach to trading automatization seems to be interesting due to several aspects. First of all, you do not need to deal with psycological issues, that sometimes could be even more difficuilt than to form trade idea.
Another point is that to create EA you need to have almost perfect strategy...
There is an interesting opinion that you should define your target not as amount of money to earn, but as the next progress milestone, to measure your results in the development steps instead of numbers. Such approach seems to be much better in long-term perspective.
Exactly! Each trader should create his own idea and transform it to the strategy. It is very important to develop you skills of making analysis, to form own opinion.
"Trend is your friend" is still working.
By the way, it is suitable to open positions at pullbacks, when your position seems to be countertrand for the short-term pullback trend, but also in the direction of maid med-term or long-term trend.
There are some issues:
- you have no fear or greed while using demo, so you act rational
- sometimes you can execute some trades you will never open using real account, but the can also be very profitable.
Real account makes trader more conservative to prevent loosing money. Sometimes it is...
For sure, learning is the most important part of trading. Of course, the final goal is to earn money, but trading is mostly about the way. Only those who use professional approach to their trading self-education can successfull on the markets. Trading consists of 80% analysis and learning, and...
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