Most of the newbies in crypto space believe once they have a large capital they will definitely succeed in the crypto space, but they are wrong, not knowing that if you can't grow/manage a small account, you can't grow/manage a big account either, their are common mistakes they usually make an I will be giving out tips on how to avoid them,
* Over trading-- it's very important for a day trader to limit the number of trade he/she took in a day.
* Lack of trading plan-- develop a strategy an stick to it, do not ever enters a trade blindly, if not the market will remove you blindly.
* Failure to use stop-loss-- to me it's the most important thing I do while trading, an it's always close to my entry price, I do it that way so that if the trade didn't go as planned, I won't lose more than 10% of my margin.
I don't if anyone have more to add, so I can also learn?
No matter the severity and length of advice that is given to a newbie, they must surely make the newbie mistake. That is why these days I give newbie advice without much expectations from them.
Yet, it is still advisable to give these advices because they will still fall back to them when they make their newbie mistakes finish.
Op, include revenge trade. This is a powerful means through which newbies can blow their portfolio.