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Increased Income or Greed? in General Forex Discussion_67f83ac065b44

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

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#544 - Today at 05:18:30 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

Dyandra

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Increasing income is always the main factor and our goal when we carry out forex trading because increasing income is the same as we are developing the main function of the capital that we do because when we are greedy and we run on the basis of getting big profits, we don't care about our capital.  I don't care about our future, in my opinion, you should never use forex trading because it will waste your time, waste your money and waste your energy, but if you really want to invest and want to develop your style well, you can trade like a trader.
#548 - December 03, 2023, 08:15:55 AM

CullenZbrlng

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Everyone definitely wants bigger profits than before, that's normal, use it as motivation and of course improve your trading skills
#549 - December 04, 2023, 02:57:59 AM

Vernalta

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If you always want to be greedy, you should not do forex trading, love your money before everyone is disappointed, love your money before everything ends in bad things because in the world of trading, the more you want to be greedy, the more you won't be able to get anything when you trade.  is the momentum for you to increase your income through foreign exchange trading investment, therefore it is very important for you to change your mindset from being greedy to increasing your income because only in that way will you think about how to grow your money, not how to spend your money
#550 - December 04, 2023, 08:21:41 AM

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#551 - Today at 05:18:30 AM

Ikhtiar

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Greed makes a trader continue to prioritize himself without caring about his account. His insatiable desire to have more profits often results in him trading in an irrational way, even over lots.
#551 - December 04, 2023, 12:33:13 PM

Dyandra

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Don't ever be greedy when trading because when you are greedy and don't focus on increasing your income, you will never be able to get consistent results because greedy people will always make various ways to benefit themselves and in the end everything will end in vain.  -In vain when you trade, just focus on your target. Just focus on getting consistent results. Increasing income is your main goal here
#552 - December 06, 2023, 07:47:59 AM

Ikhtiar

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We must continue to increase our income until we really master the trading techniques we use. I think that's a very principle thing when we first learn forex, because of course increasing income is our trading goal.
#553 - December 06, 2023, 09:27:50 AM

Dyandra

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I don't want to waste money just to be greedy because when we make a deposit, we definitely use money that we love, use our personal money, maybe something we have saved for some time, and we have to be able to prove that we are making a trade to increase our capital, not to  greedy, not to get unclear profits because when you agree and spend your money in just one day, in my opinion you are not worthy of trading forex because this method is the same as gambling, not trading, and this should not be imitated.
#554 - December 07, 2023, 07:55:01 AM

Vernalta

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It is clear that our task or function as a forex trader is to increase income or in other words as an investment in finances because when we only want to make a profit, we want to get instant wealth in an instant way in the wrong way.  Don't expect that you can use this trading for a long time, it could be less than 3 months or even less than 1 month. Your money will always be MC and you will always make deposits continuously without ever making a withdrawal, therefore we must have a lot of insight and know.  Our function is a trader who gets consistent profits, even though they are small, there is no problem
#555 - December 08, 2023, 07:46:48 AM
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