Understand the idea
Trying to recover a previous loss quickly can lead to larger or more frequent commitments. The previous loss does not improve the next outcome’s prospects.
Recognize chasing behavior
Trying to recover a previous loss quickly can lead to larger or more frequent commitments. The previous loss does not improve the next outcome’s prospects.
Inside this edition
One topic. 3 useful perspectives.
3 sections
Context
Put it into practice
Pause when the reason for continuing becomes getting even. Step away, review the situation later and seek support if stopping feels difficult.
Know the limits
Changing games or increasing stakes does not erase the earlier loss.
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