Personal Risk Tolerance
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...
Personal Risk Tolerance by 420LoliPolice69 February 1, 2021
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