Both cutting losses in finance and folding in poker require an understanding of when to prioritize danger administration over potential rewards. In poker, folding refers to the act of dropping out of a hand and giving up your chance to win the pot. In each poker and monetary markets, the power to manage danger is essential. In a recreation of poker, players should be able to determine when their opponents are bluffing, and after they have a strong hand. Academic studies have shown that hedge fund managers who win poker tournaments have higher fund efficiency (though not necessarily following the win). In skintogel , players must continually weigh the potential rewards of constructing a selected transfer in opposition to the potential risks.