Definition. Making more trades than the plan calls for, often out of boredom, frustration or a wish to win back losses.
How it works
Every extra off-plan decision lowers the quality of the process and increases transaction costs. Overtrading often grows with fatigue, boredom or after a losing streak.
Example
A quiet session with none of your planned setups. After an hour of waiting, you start trading “so something happens”.
What to watch out for
What helps: a clearly defined plan, breaks during the session and a journal in which you mark decisions as in plan or off plan.
You'll find the full explanation with graphics, examples and exercises in the 💪 Fitness and routine space, and its use in the live market in the 🔴 Live Room. Both are available to Club members (in Polish).