Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding.
People who do leverage trading AKA future trading always have to be aware and in front of their screen. A couple of minutes is enough to change the market. Even though it is always recommended to use the Stop Loss and Take Profit feature. However new traders mostly love to take more risks and do not want to wait for a long time to move the market. This is another reason people also do binary trading.
There is a saying "Every minute is money" and some people take that too seriously. They want to make money every minute and do not want to wait for the outcome. They take more leverage so the damage/profit gets bigger and the chance of getting liquidated increases as well.