Most small investors have money only in retirement accounts which don't pay taxes. Now you should mostly not play with that money (just put in good funds which rebalance for you) but taking 5% to play is fine. Just don't lose it all and then take another 5% until it is gone.
outside of that just rebalance only every other year is your best plan - but it means only buying things you can hold that long.
outside of that just rebalance only every other year is your best plan - but it means only buying things you can hold that long.