Related: Stop loss behaviour Imagine two people bidding for a dollar bill. You start at 1 cent. Someone else bids 2 cent, etc. etc. Now apart from who bids the

Related: Stop loss behaviour Imagine two people bidding for a dollar bill. You start at 1 cent. Someone else bids 2 cent, etc. etc. Now apart from who bids the most wins, the investment is gone when you don't win the bid. Until 99 cents all is sane, since you believe you can make a "win". At one dollar you still break even. After that, you would bid to reduce loss. How fare will you take that? This example can be transferred to workplace situations(this is why it is related), relationships ... especially wars. Imagine how much was already destroyed and how many were killed ... no, surrender is not an option. Humans sometimes justify any bid blindly on the one dollar just for minimizing loss. Yet, most times it is better to get out early. You - as I - will learn that the hard way, because its incredibly difficult to identify in real life when and how you are involved in a stop loss situation. But once you identify its stop loss: Get out.