3/1★ Occasionally I borrow the power of ChatGPT, its 31 - EA Beginner Course - Navi+ - GogoJungle | Auto Trading - Market Analysis

FX Automated Trading, EA developerReiwa's Double-E.

This series has been written with the goal of posting every day since last year.

Probably we have continued for almost a year now!

If you read what has been written so far,

I am confident you will move closer to better EA operation.

And now, since I would like to take a short break,

I will continue posting by leveraging the power of ChatGPT.

From time to time I will post irregularly, like before.

“Money making is evil!”

The gap between thought and reality – what is the difference in attitude toward work?

Hello, I am the EA developer Reiwa no Double-E.

Today,“Money making is all evil!”I would like to delve a little into this idea. At first glance this thinking seems simple, but behind itlies a deep connection with.

Background of people who say “Money making is evil”

There are many people who have negative opinions about earning money or money itself. However, upon listening carefully, you notice among these people there arepeople who dislike meritocracy or performance-based rewards, andpeople who fear their lives will be threatened by change.

For example, those who think, “I work because I get paid,” tend to have a stance of “the act of working itself has value” rather than “I must work to get money.” This way of thinking tends to make them hesitant to dive into a world of meritocracy and ability.

Reasons why it’s problematic if earning money becomes the norm
In the world of meritocracy and performance-based rewards,effort and talent being rewardedis important. This underpins the legitimacy of “earning money.” However,in a society where rewards clearly follow results, simply “doing the job” is not enough for evaluation.
As a result, those who cannot demonstrate real ability or who cannot adapt to change may fear having their livelihoods threatened.

Difference in working attitude – reversal of purpose and means

On the other hand,the idea of “I get money because I work”is held by some,believing their work will be evaluated and rewarded with money. In this mindset,the work itself is valued, and money is something that comes as a consequence.

Idea of “I work because I get paid”
This means the purpose of work becomes “to obtain money.” If earning money is, there may be little value or goals beyond that.
As a result, people tend to fall into thinking,“If I don’t get paid, I won’t work”,lacking self-growthandsocial contribution.

On the other hand,the idea of “I work to get money”implieshow much value you can providethrough your work. In this case, self-growthandcareer developmentare often considered, and as a result, rewards (money) come as a consequence. This is greatly influenced by a sense of purpose and meaningful work.

Fear of meritocracy

In particular, in a society where meritocracy or performance-based rewards are emphasized, those who fail to deliver results may face harsh realities. In such environments, many who argue “Money making is evil” are likely anxious about the meritocracy world.

To achieve good results, effort and willingness to take risks are required. However, for those who prefer status quo or are passive to change, meritocratic environments often induce anxiety and distrust. As a result, extreme opinions like “Money making is evil” may arise.

The true relationship between money and work – the vast difference caused by mindset

Ultimately, there is a vast difference between the mindset of getting paid for workingandthe mindset of working to get paid. The former holds thatworking itself has value, and money follows as a result. The latter views money as the goal, and often does not find much meaning in the act of working.

This difference clearly affectslife satisfaction and growthsignificantly.

People who work to earn moneytend to prioritize self-growth and career, always pursuing new skills and experiences. As a result, money as a reward comes later.
People who work because they earn moneymay be satisfied simply by completing tasks, often lacking growth or motivation. In this mindset, opportunities and possibilities are frequently missed.

Summary

In conclusion, the idea that “Money making is evil” often hides misunderstandings about money and fears of a meritocratic world. Money is something earned as a result of work, and whether you find value in the act of working greatly changes the meaning of money.

Working mindsetandviews on moneygreatly influence your growth and career, so it is important towork to provide your value.

With that, please continue to have a great trading life!

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【Flow from starting EA to intermediate level】

First, mastering the installation of the EA is important.

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MT4 EA (Expert Advisor) and Indicator installation steps

https://www.gogojungle.co.jp/post/1/8212

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※GoGoJungle video version※

Even at first, not everything can be understood all at once, and surely some will stumble.

I stumbled many times at the beginning, so don’t rush—you’ll be fine!

If you have questions, there is a “Contact form,” so please use it!

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■ GoGoJungle “Contact form”

https://www.gogojungle.co.jp/inquiry

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【How to choose an EA】

Now that you think you can operate an EA!

you might worry, “I don’t know which winning EA to pick… I don’t want to lose….”

Therefore, Reiwa no Double-E will

provide articles so that you can judge by backtesting to some extent,

and the following series was written.

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https://www.gogojungle.co.jp/finance/navi/series/1714

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Usually the backtest period is longer than the forward period, and

【EA risk management, what to do！？】

And, no matter how excellent an EA you obtain,

if you neglect risk management, FX will collapse.

So for EAs, how should risk management be done?The following article answers this.

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■About calculating EA risk management

https://www.gogojungle.co.jp/finance/navi/articles/64703

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【EA operation mind is also important】

And,to continue operating EA for a long time, an “EA operation mind” is also important.

Those articles are here,

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12/30★ Year-end and New Year SP!! All about EA, Part 3

https://www.gogojungle.co.jp/finance/navi/articles/80551

8/12【Obon holiday special!】Now you too can be an EA master! “EA operation mindset”

https://www.gogojungle.co.jp/finance/navi/articles/72829

8/17【Obon holiday special!】Now you too can be an EA master! “Notes during EA operation”

https://www.gogojungle.co.jp/finance/navi/articles/73797

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So,

the content is quite substantial and important,

even if you don’t understand it immediately, please make sure to read it!

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【Reiwa's Double-E EA Listing】

https://www.gogojungle.co.jp/users/112481/products

Specifically categorized EA by genre of Reiwa's Double-E

https://www.gogojungle.co.jp/finance/navi/articles/67162

(Diversification by genre is essential when building a portfolio)

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【Reiwa's Double-E series articles】

■EA Beginner’s Course

https://www.gogojungle.co.jp/finance/navi/series/1700

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“About calculating EA risk management”

https://www.gogojungle.co.jp/finance/navi/articles/64703

【Portfolio version】About calculating EA risk management

https://www.gogojungle.co.jp/finance/navi/articles/65978

Tips for spotting bad products easily (in the case of EA)

https://www.gogojungle.co.jp/finance/navi/articles/64738

Where to check first when you don’t understand something about EA

https://www.gogojungle.co.jp/finance/navi/articles/65619

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■How to find winning EA from backtests

https://www.gogojungle.co.jp/finance/navi/series/1714

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https://www.gogojungle.co.jp/finance/navi/series/1701

https://www.gogojungle.co.jp/finance/navi/articles/64723

■Reiwa's Double-E “Push for Buy/Return Sell Logic” opened!!

https://www.gogojungle.co.jp/finance/navi/articles/65010

https://www.gogojungle.co.jp/finance/navi/series/610

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【Reiwa's Double-E's Belief】

Develop EA by proper methods,

gain the trust of more people,

and maintain a long-lasting WIN-WIN relationship,

aiming to revitalize the EA market and improve literacy.

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