Escalation of Commitment & Sunk Cost Fallacy: How to Cut Losses

The more you research into human cognition, the more questionable you become about what you take for granted. Features of your mind that you may have regarded as utterly rational, are demonstrated as huge cognitive blind spots that we're actually all afflicted with to some degree. Once you realise that your decision-making faculties, your ability to categorise incoming data, and even the veracity of your own memories can be compromised, it becomes clear just what a monumental project becoming a trader is.