How I handle the urge to trade more on prop accounts because the fee feels sunk

[Fairman]

How I handle the urge to trade more on prop accounts because the fee feels sunk

there's a thought that shows up on evaluations: I paid for this, so I should be trading it as much as possible. It's a trap. The fee is already spent, and trading more doesn't recover it. It just increases the number of decisions I have to get right.

I noticed that on days when I felt I wasn't using the account enough, I took more trades, and they were worse. The setups were marginal, and I was filling time. That has nothing to do with the opportunity in the market on that day.

So I set my trade count and my sessions by the same rules as on any other account. If there's no setup, there's no trade. I accept that an evaluation might take several weeks, and some of those days will be zero trade days.

When the thought comes up, I remind myself that the fee is a cost of the attempt, not a debt that has to be paid by the market. And I treat the evaluation like a test of process. If I pass, that's good, and if I don't, I learn from it.

[Fairman]

The way I think about the fee now is like the cost of an exam. You pay it to sit the test, not to answer as many questions as possible. Trading more on an evaluation is like rushing the questions because you paid for the room. I also stopped looking at the fee as something the evaluation has to earn back. If I pass, it was worth it. If I fail, the fee bought me information about where my process broke. Neither outcome is improved by extra trades.

[Fairman]

Something practical that helped me was capping how many trades I allow myself each day on the evaluation, lower than on my own account. It sounds backwards, but the sunk cost feeling pushes me toward more trades, so a hard cap pushes back. I also log the reason for every trade in one line. If the reason is something like the account needs activity, I know I am in the trap. Reading those lines at the end of the week has been eye opening.