See Millionaire Report #5. Generally, if you're in a losing situation, the best strategy is to cut your losses and move on to other better opportunities. Beware of "throwing good money after bad money." Some time ago, Stockgeneration became a "losing proposition." Several subscribers to the Financial Independence List spent hours discussing what had happened, instead of just moving on to better opportunities. Essentially, they were "throwing good time after bad time." They would have been better off utilizing their time to explore better opportunities elsewhere. There is some value in analyzing past failures and learning from them. However, to waste time on endlessly and pointlessly discussing past failures is to add to your loss.
When buying stocks, you can determine how much you're willing to risk and then set a "stop loss" accordingly. If the stock drops to that price, it's sold automatically and you're out with a limited loss. You could take a similar approach with some money-making programs. If prices fall, you sell and get out with a limited loss.
Minimizing your losses is a most important part of discipline -- see also Money Skill #24, Money Skill #25, and Money Skill #26.
