Also known as PRT. A term used by investors or degenerate gamblers to rationalize betting every dollar they have, and sometimes borrowed funds, trying to score a big win.
“I maxed out three credit cards, took out a second mortgage on my parent’s house, and asked my roommate to front me next month’s rent for this trade. Don’t worry, it’s within My personal risk tolerance.”
by firenance November 24, 2019
The amount of money you believe you can spend on stocks, but absolutely shouldn't. What you will usually hear before someone on r/wallstreetbets yolos a $50k 0-day expiry, saying it literally can't go tits up, then it proceeds to go tits up.
Guy1: So I am going to YOLO $50k which is my Personal Risk Tolerance on expiration options, what do you guys think?
Guy2: That is a terrible idea, you are basically throwing away you're money
Guy3: Well, at least you have commitment and courage...
1 day later
Guy 1: Lost over 80% of my account from 50k yolo.. Well, time to yolo my PRT on FDs expiring tomorrow. If I die remember me...
Guy2: That is a terrible idea, you are basically throwing away you're money
Guy3: Well, at least you have commitment and courage...
1 day later
Guy 1: Lost over 80% of my account from 50k yolo.. Well, time to yolo my PRT on FDs expiring tomorrow. If I die remember me...
by 420LoliPolice69 February 1, 2021