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we have many EAs that actually work but it depend on how you build the EA, some make money but with high risk of draw down, some with little money with little draw down.
there are several ways to learn the forex depending on the problem that you are facing in forex, many people have emotional problem, some have money management problem and many like that, you need a serious expert forex trader who have experience in forex. i have be in forex for the past 14...
something it is advisable to place the stoploss at the next resistance and support level or you can place it arround 30 pips above or below your entry point.
sometime we have the main support and Resistance level and we have the minor ones but at time you can check the last three days support and resistance and use it to determine the your new support and resistance level