Open trading account 
I'm starting to suspect that every time I break a major psychological point (today it was 800k) I get overexcited and overconfident and make a mistake which drops me back below.
Psychology can be a pretty big part of trading. I heard a piece of advice that in order to make money trading, one cannot be attached to money. I'd go further and say that more importantly, one cannot be attached to beliefs. If you believe too strongly that the price is going up, you can ignore evidence that says its going down (this is called confirmation bias).
The fact that this idea of non-attachment has an association with aesthetic Buddists, who stereotypically are the exact opposite of stereotypical materialistic traders strikes me as rather amusing.
Speaking of attachment, I keep saying that USD/JPY is due for a big breakout, but I must not get attached to this prediction. This trendline is being tested for the third time this week, and if it holds, as I think it will, then I think its time to abandon my previous prediction and say that we could be back down to 116 within a few days.
Psychology can be a pretty big part of trading. I heard a piece of advice that in order to make money trading, one cannot be attached to money. I'd go further and say that more importantly, one cannot be attached to beliefs. If you believe too strongly that the price is going up, you can ignore evidence that says its going down (this is called confirmation bias).
The fact that this idea of non-attachment has an association with aesthetic Buddists, who stereotypically are the exact opposite of stereotypical materialistic traders strikes me as rather amusing.
Speaking of attachment, I keep saying that USD/JPY is due for a big breakout, but I must not get attached to this prediction. This trendline is being tested for the third time this week, and if it holds, as I think it will, then I think its time to abandon my previous prediction and say that we could be back down to 116 within a few days.