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Overbetting is a critical mistake traders make; Martin Screlli says average traders risk 2-10x too much.

From Tradermayne highlights that most traders oversize their trades in the beginning. · jumps to 0:00 · speech

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I think that's something that people try and shortcut and they can't because it's impossible to know how you're going to react when you're in the biggest trade of your life. And you have a lot of money at risk if you get stopped out. I think one of the biggest mistakes people make early on is they're over betting, they're over sizing. We talked about this already. Martin Screlli did a interview with the TPBN guys not that long ago when Leopold blew up. And he said, I think the average trader is probably risking 2 to 10x more than they should. And he's like, if you have a 60, 40 edge, meaning you win 60% of your trades, if you over bet, no matter how many times you run it through that simulation, you blow up.
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