The top 3 deadly day trading mistakes that beginners make include the belief that stocks can only go up, seeing day trading as a get-rich-quick scheme, and jumping from one strategy to another. Never forget the importance of risk management and taking calculated risks for a successful day trading career.

As someone who's been day trading for more than 7 years now, I can tell you this, while history doesn’t repeat itself exactly the same, it often rhymes.