In order to avoid overtrading and getting lost, I am listing 10 rules for Bitcoin and altcoin trading here.
#1 Limit the trading coins
Basically, only trade BTC, DOGE, ETH, MAID, DAO and LTC right now, leaving all the other coins alone.
Focus on what you have, what you like and what you are good at.
#2 Never chase the bull
Especially when the price is going up higher and higher every minute, you know that it is going to fall soon, very soon.