Pitfalls of Leverage Trading

Any one who has traded bitcoin futures on bitmex knows all to well how extremely difficult it is and I am going to discuss the root cause and explain my experience and what I have learned to help people who have been and still are stuck in a vicious cycle of extreme wins followed by even more extreme losses. The market will literally make you do the worst possible thing at the worst possible time which negatively affects your account and more importantly your state of mind. Why does this happen and how?