Overtrading is one of the quickest ways to blow an evaluation account. When you take too many setups, transaction costs stack up, fatigue sets in, and a couple of losing trades can easily breach your daily loss limit or overall drawdown rules.
To fix overtrading, try setting a hard daily cap on your trades—such as a maximum of two or three high-conviction setups per session. Once you hit that number, close your platform. Treating your challenge like a strict business plan helps remove emotional revenge trading.
How do you keep your risk management in check when markets get volatile? Drop your thoughts below!