#Wallstreetbets lingo reddit full
MyWallSt operates a full disclosure policy. Our market-beating list of stocks contains everything you need to really ‘stick it to the suits’ while learning the safest path to wealth: long-term buy-and-hold.Ĭlick here for full access to MyWallSt with free access. However, here at MyWallSt, we’ve got you covered. Unfortunately, buying stocks based on Reddit trends, meme stocks, short-squeezes, and social media ‘hype’, is that oftentimes, the trader loses a lot of their money. Read all about ‘Tendies’ here, another popular Reddit term. Traders with ‘Diamond hands’ don’t cave and sell their stocks until they have reached their full potential, like diamonds.
Paper hands is the opposite of ‘Diamond hands’ which refers to someone who has a high-risk tolerance for high volatility stocks or assets that they own. It has negative connotations associated with it and is often used to tease fellow traders. ‘Paper hands’ refers to someone who has a low-risk tolerance for high volatility stocks that they have purchased. The term is commonly depicted in its emoji form of toilet paper (below). They use the word paper to describe the investors hands because they fold with the slightest pressure. On Reddit, traders who are deemed to have “paper hands” exit a stock position too early, usually because they feel that the risk of losing money is too high. Simply put, paper hands is used by Reddit investors to describe someone who sells a stock too early.
What is a meme stock? What exactly does paper hands mean for stocks? ‘Paper hands’ became used frequently during the meme stock craze that surfaced in January 2021. Retail investors using the platform came up with the trading phrase this year and it has really caught on. ‘Paper hands’ is a new term born from the Reddit’s r/WallStreetBets community.
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