If you want to make good money trading,
1. Look for good capital over $300.
With such a capital, you can comfortably scalp around 5 to 10 trades per day, making over $80 per day. While, using small leverage of x3 or x4.
2. Don't overtrade.
Many traders including me make the mistake of always chasing to be on a trade at every moment. Observe the market, check news, and enter trade when it's the perfect timing. If the market is flat, avoid trading.
3. Timing is king.
With a perfect timing, you can make solid profit. Don't trade undefined charts, wait and jump in when its perfect.
4. Don't chase loses.
After making a huge loss, please take a break. Review your strategies and stick to them. However, many traders go on offensive like gamblers using huge leverage like x250 or x100 to recover their losses. This will sink you further into more losses.
