At Risk rules can be confusion.
usually this is in relation to an at risk limit.
Basically the money you have in it is at risk. (investment losses money you loose) sometimes there is insurance against losses or the broker may have guaranteed your investment.
If you do not plan to make a profit then you have a hobby and this is not deductible.
What they are looking at if it goes poof what do you loose or is there something else to cover the loss.
