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hi Iamp;#39;m Joel in this video Iamp;#39;m going to talk about the medium to cut ones losses or to cut your losses so what does this mean well letamp;#39;s say that you are playing poker or your gambling of some kind of card game or something and youamp;#39;ve already put a lot of money in and you think youamp;#39;re going to lose so you have two options one you can continue putting in more money which will give you a chance to win but it will also increase the amount of money youamp;#39;re going to lose if you can be lose the game or whatever and the other option is to cut your losses which means that you decide to accept that you have already lost something and you want to prevent future lost so i might say Iamp;#39;ve already lost a hundred dollars I donamp;#39;t want to lose any more Iamp;#39;m going to cut my loss so you know in that case you accept to lose the money because you donamp;#39;t want to risk losing any more this could also happen in business very ea
