Popularised by r/wallstreetbets, diamond hands (or more commonly depicted in emoji-form as ) refers to someone who has high risk tolerance to stomach through the high volatility of the stock/ asset that they own; they don’t cave under pressure.
What does Diamond hands mean in stock trading?
DIAMOND HANDS means “someone who holds stocks adamantly.” Within the stock market world, someone with “diamond hands” is ready to hold a position for their end goal despite the potential risks and losses.
Why do they call it Diamond hands?
As Vox once described it, the term “diamond hands” compares the strength of diamonds with a “user’s strength to last through big market swings.” A trader with diamond hands never sells, one Redditor said. On the opposite side, a trader with “paper hands” sells easily.
What is Diamond handed?
Diamond Hands / : An investor who holds on to a stock or cryptocurrency regardless of the risks, headwinds, or losses to get to an end goal. Often used to call on a group’s collective strength to get through hell or high water.
What does paper hands and diamond hands mean?
It is typically depicted with the toilet paper emoji. … “Paper hands” contrasts with “diamond hands.” A trader with “diamond hands” believes in the eventual profitability of their stocks, and because of this, they continue to hold even when their value drops below the initial purchase price.
What’s a Tendie WSB?
TENDIES means “Financial gain on the stock market”. Tendies is a term the traders Reddit’s Wall Street Bets (WSB) use to describe money or financial gain. … “Tendies” has roots in WallStreetBets’ use of self-deprecating humor.
What is a Stonk?
Stonk, a deliberate misspelling of stock (meaning “a share of the value of a company which can be bought, sold, or traded as an investment”), was coined in a 2017 meme. The word is often used humorously on the internet to imply a vague understanding of financial transactions or poor financial decisions.
What is the opposite of diamond hands?
The opposite of diamond hands, paper hands are when a user sells their shares at the first sign of a downward trend. Used in a derogatory manner toward those who are not fully committed to a position.
What is a gamma squeeze?
The gamma squeeze happens when the underlying stock’s price begins to go up very quickly within a short period of time. As more money flows into call options from investors, that forces more buying activity which can lead to higher stock prices.
What are diamond made of?
Diamonds are made of carbon so they form as carbon atoms under a high temperature and pressure; they bond together to start growing crystals.
What does paper hands Portnoy mean?
Portnoy: “Anyone who says ‘paper hands,’ I’d like to wrap them in toilet paper and glue lettuce to them and set them afloat in the ocean” “Paper hands” is a common term on Wall Street Bets for retail traders who don’t hold onto their investment.
What are the hands Emoji?
According to the emoji-to-American English translator iemoji.com, this unicode symbol is the “Person Raising Both Hands in Celebration.” It is meant to evoke this: Two hands raised up in the air in celebration or excitement.