1. Do not be in haste. That is the reason people think of day trading and lose
2. Having it in mind that it is better to earn little than to lose big all because you want to earn big
for me i believe these two factors is the main reason why some trader experience a losses and decided quit afterwards. .
In trading it's really boring coz you need you to wait for the right timing to execute your order , but it's all worth it to be honest. Mostly traders don't really make their thesis when it comes placing order , wherein instead they speculate only and rely on their instinct and over trade in just an hour reason the blown their account.