The Sunk Cost Fallacy in Trading: Why You Hold Losing Positions Too Long.
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer | thewealthmirror.com The position isn’t being held because the analysis still supports it. It’s being held because closing it would mean admitting the money is already gone. There’s a specific kind of stillness that happens when sunk cost fallacy in trading behaviour takes hold —…
