The Psychology of loosing

Before I start of with this post please take note I am not a Psychologist/ Professional poker player, or in any kind an expert. All assumptions I make are based on my own experience and perceptions.

I think I need to add that somewhere else too.

To get back to my post. The psychology of loosing, well when you are consistently winning and making a profit you get this great sense of self confidence. No bad beat can get you down cause you know next hand I'll do better, or next game I'll do better.

Now imagine consistently Loosing after that. Consistently loosing so that you end up with less than 20% of your original Bank roll.

There goes the self confidence. You start playing either Super tight, not playing good hands aggressively and getting outdrawn, or extremely loose and careless.

I have tried to stop myself going the loose road, but I struggle with playing over tight. Seriously over tight. SO Over tight I did this today:

10 player table, R25 SnG. I'm mid table and get dealt AQ Unsuited I raise about 4x the blind.
Get called by 1 player, get raised by another. A third then re-raises again. Well at this stage I had a med stack and there where still 7 players in. I did not want to be caught short stacked at this point of the game, but I call and decide to see the flop.

Flop something silly like 37A Both other players bet and one goes all in. Now right here I should have called. But obviously I think of my horrible loosing streak at the moment and I fold, thinking mr All In has to have AA or AK

Guess what they both had. A8 and A4!!!!!!!!!!!!!!!!!!!!!! Can you fucking believe it?