* Over trading--
* Lack of trading plan--
* Failure to use stop-loss--
Agreed, these three were the main flaws in my trading back in time. Like at first i spent around 40$ dollars on gala token and booked only 1$ to 2$ maybe. after that i bought a token based on ETH, i think it was, DYDX which i bought when it was on it's ATH this was my first mistake-->
Lack of trading plan. Second i started to do future even i have no knowledge of trading i just saw a friend making money in future and i got excited and started only with $10 and lost $5 at first trade then i make again $10 with my $5. And then i lost all of it again. why -->
Failure to use stop-loss.
So after learning i should use stop loss i started with $30 dollars and started to make like $1 or $2 dollars almost for 2 to 4 days, actually my leverage was low, so i thought with such low leverage i cannot make more money then $1 or $2 so i started to make more trades,-->
Over trading and i made $9 in the first day and then $15 on the other day. On the second day, i thought i should trade again so i invested 50% of my money in and saved 50% to increase liquidation price and this was my biggest mistake, and lost all of my money in that trade even the 50% (to increase liquidity). After that i never do Future trade. You points are so generic and as a newbie we should keep them in mind.