I don't have to "Admit" when I am wrong.

I can just say I was wrong. When I write the original plans, I say upfront the things that make me right/wrong. My estimation of the odds and my estimation of my probabilities. Why I expect this to be net profitable and what I plan to do if this is not what happens.

I've tended to notice those who insist I "Admit" I was wrong never seem to want to talk about things they are wrong about. There's often clues in the lexical choice people use. I can just state when I am wrong, but for you it's an admittance.

Just an observation.

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