Sunk-cost thinking: why are you still in that losing trade?

The money already lost in a position is gone either way, yet it anchors the decision to stay: "I can't close now, I've given up too much already". The anchor is psychological, not financial.

Have you felt it?

• the losing trade you held for sunk-cost reasons
• the thought process at the time
• how you broke the anchor

The stop-loss guide pre-commits the exit before the anchor forms.