Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
Treating gains as a separate pot belonging to the market, and risking them at sizes that would never be applied to the rest of the same balance.
"I will only risk the profit" names no rupee figure, is recomputed by the market every morning, and grows after a good year — which is precisely when it should not.
The increase in risk taken once a position or a portfolio is below its purchase price, in order to return to it.
The mirror image of the house money effect, produced by the same line — your own purchase price. Above it money feels like the market’s; below it, it feels owed.