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Increased Income or Greed?

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Dyandra

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from your question it is clear that it is greed because when you are not greedy, then you will not possibly want to get bigger profits every day because those who are greedy definitely want to get bigger results every day and when they get smaller results  from the previous day they will be angry they will not accept the clear difference is that increasing income is a percentage system per month, for example every month you focus on a percentage of 5% then the next month you have to continue 5% over time your money will increase or maybe you can  using a compound system
#541 - November 21, 2023, 08:33:18 AM

Ikhtiar

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If you want to increase your income then you need to invest, which can be a good way to increase your income in the long term. There are many types of investments available, such as shares. Taa, if you are greedy, it is certainly not good because greed can trigger overlots and overtrades, which if we do this, of course we can experience big losses.
#542 - November 22, 2023, 01:41:01 AM

Vernalta

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What is clear here is that we all agree that carrying out forex trading is only to increase income, increase opportunities so that we can be successful so that we can be consistent. When you have the intention to be greedy, it is better not to carry out trading activities because you will never be successful. Maybe sometimes you can grow your capital quickly, but it's only temporary and in the end you will lose all your money if you don't implement good management but when you increase your income realistically with accurate management then everything you dream of will be achieved gloriously
#543 - November 23, 2023, 08:11:38 AM

Dyandra

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You have to be able to concentrate on opportunities to increase your income, rather than being greedy and actually making your finances more unstable because when you become a trader, what you have to do first is to develop capital, not to increase profits after you are able to have  Only when you have a lot of capital can you talk about targets because when you already have enough capital to increase your income, it's really possible, therefore you should discuss things like this because it's more important than wanting to be greedy and in the end you will fail.
#544 - November 28, 2023, 08:00:20 AM

Ikhtiar

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I think greed belongs to psychology or is related to a trader's mentality or psychology. So if we conclude that apart from the trading system and money management, the greed factor is one of the determinants of whether our trading will be successful or not in order to increase our income in forex trading.
#545 - November 28, 2023, 11:54:47 AM

Dyandra

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Focusing on increasing your income will make you less greedy because your goal here is to develop your capital and increase your profits every month with a higher percentage. I agree with that because most people always want to be fast and always want to get instant results when  If you do something like that, your money will actually disappear, your emotions will always be high and you won't be able to carry out trading activities well, therefore it is very important to always focus on what you are doing with the system you are using, namely increasing your income by a percentage realistic
#546 - November 30, 2023, 07:53:51 AM

Vernalta

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It's true that the first thing we have to intend here is to increase our capital and increase our income every month or every day, it also depends on what you like, long term, short term or maybe intraday, but the most important thing here is that our focus is not greedy because it's different.  between trading with greed. When you are greedy you will look for all the momentum or not even use the momentum and open a lot of positions. In my opinion it will actually make you lose but when you trade slowly because your goal is clear to increase your income it will not be possible  will be burdened. You will not likely be in a rush to trade
#547 - December 01, 2023, 08:01:55 AM
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