👉Trade too big - Don't use more than 6% of your capital when trading. Ensure your liquidity is low
This is one of the easiest way to lose tyour trading capital, trading with more than you can afford to lose is bad plan, I have made this mistake once and I was trading on Binance futures all my trading capital got liquidated, all because I used more than I can afford to lose, I was trying to convince my self the coin will pump back up, but it didn't and I paid the price, since then I learnt my lesson and only trade with what I can afford to lose.
👉Trade randomly - Don't trade every coin. Be smart, choose coins you're comfortable with. Don't gamble, always have a plan and follow through on it.
Trading randomly is a bad idea its best you pick 5-10 coins you know really well and trade on instead of jumping from one altcoin to other, personally I only trade on BTC, eth, sxp, and cake.