bought another usdchf in the other fx account. I learned going in small to start from Bill "Trading Chaos" Williams, and increasing size once the bottom is in. Bill is easily the best trader I know.
It is somewhat counter-intuitive that most people get the tops and bottoms correct but get flipped around -- put thru the spin cycle -- after the break-out. They see price increase or decrease rapidly and they decide to play for a correction -- human nature to think if you call one turn you can call the next. Plus the money -- need of -- makes them overly emotional. FXCM has a volume participation indicator these days that is based on their customers being long or short which shows this phenom very clearly, which to me confirms my own Risk Tolerance Threshold Theory -- to quote Dirty Harry Callahan, "A man's got to know his limitations".
The markets have taught me to be more patient than nature.