---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40604853.md"
description: "Many people are running around for a living, but there might be cognitive biases in this process, so cognition determines wealth.Some people, when the stock they hold rises, they sell immediately, only to see it keep rising afterwards; when it falls, they cut their losses immediately, only to see it bounce back the next day or the day after."
datetime: "2026-05-10T16:24:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40604853.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40604853.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40604853.md)
author: "[6uo](https://longbridge.com/en/profiles/7260749.md)"
---

# Many people are running around for a living, but t…