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A comment on Robinhood and How to Lose Money. Parent comment

Re:Robinhood and How to Lose Money by WalterBright on Monday July 20, 2020 @08:38PM (#23903328)
I never really understood the "rebalancing" thing. It requires selling your winners. One thing about winners - they tend to keep winning!

Some people call it "locking in your gains". I call it "minimizing your returns".

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Re:Robinhood and How to Lose Money by abduhl on Tuesday July 21, 2020 @07:03AM (#23905891)
That’s weird - I call it “letting it ride” and “never leaving a hot table.”

Gambling is a word used to describe anything beyond your own acceptable risk tolerance.

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Re:Robinhood and How to Lose Money by WalterBright on Tuesday July 21, 2020 @04:37PM (#23910725)
My definition is more mathematical:

gambling - where the odds are against you

investing - where the odds are in your favor

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