What are diamond hands WallStreetBets?

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 trading?

When you have “diamond hands” it means that you hold onto an investment no matter what. You don’t sell it regardless of volatility, losses or gains. Someone with diamond hands resists panicking when prices dip, but he or she also doesn’t get greedy when prices rise.

What is Diamond strong hands?

Here, “strong hands” (also known as “diamond hands”) refers to the intention to keep holding on long positions even in the face of falling markets or bearish sentiment. In either case, strong hands may be contrasted with weak hands.

What are diamond and paper hands?

“Diamond hands” is a trading strategy suited for long-term investors, while paper hands are for swing traders and day traders.

Whats paper hands mean?

PAPER HANDS means “someone who sells too early.” In the world of the stock market, someone with “paper hands” exits a position, or folds early because the financial risk is high. In other words, they panic sell. Their hands are described as paper because they fold or break with the slightest pressure.

Where did the phrase diamond hands come from?

The phrase diamond hands was popularized early this year when r/WallStreetBets members teamed up to create a short squeeze in the meme stock, GME 一 they shorted the stock and called on each other to have ‘diamond hands’ and not sell until the stock went ‘to the moon.”

What is a falling knife?

Falling knife refers to a sharp drop, but there is no specific magnitude or duration to the drop before it constitutes a falling knife. A falling knife is generally used as a caution not to jump into a stock or other asset during a drop.

What is paperhand?

So now, on the other hand, and this is where we go to term number eight, which is the term “paper hands.” So what are paper hands? It’s the opposite of diamond hands, meaning if someone has paper hands, they’re nervous, and they sell their position instead of holding it.

Who came up with diamond hands?

r/WallStreetBets
The phrase diamond hands was popularized early this year when r/WallStreetBets members teamed up to create a short squeeze in the meme stock, GME 一 they shorted the stock and called on each other to have ‘diamond hands’ and not sell until the stock went ‘to the moon.”

What does it mean to have paper hands on the subreddit WallStreetBets?

Their hands are described as paper because they fold or break with the slightest pressure. The term has negative connotations and is in common use on the subreddit WallStreetBets (WSB).

What are diamond hands Reddit?

Often referenced using an emoji, “diamond hands” are how members express their belief that their position is valuable and worth holding onto for maximum profit. Conversely, a trader with “paper hands” sells out early.

What is a knife stock?

A falling knife describes a stock which has experienced a rapid decline in value in a short amount of time. Just like a falling knife, you don’t want to catch these companies on their way down.

What does it mean when someone calls you Diamond hands?

What does diamond hands mean? Diamond hands is a slang term for an investor who refrains from selling an investment (such as stock shares) despite downturns or losses. It can also refer to such an investor’s resolve or stubbornness.

What do the Diamond and hand emojis mean on wallstreetbets?

Like rocketships pointing up, up, up, there are a lot of diamond emojis all over WallStreetBets. One Redditor who used the diamond and hand emojis in talking about GameStop wrote, “I’m either going to the moon or losing my” — and then inserted a moneybag emoji. Standing for “you only live once,” this acronym is already out there.

What does it mean to have ‘diamond hands’ on Instagram?

Users encourage each other to have “diamond hands” (represented in emojis, of course), a riff on the strength of diamonds and a user’s strength to last through big market swings. They insult the “paper hands” who crumple and sell their shares at the first taste of money or scary drops. Commenters call themselves “degenerates” or “apes.”

How much did that diamond hand lose?

One of the most famous diamond hands here on WallStreetBets, seen in the photo above, is someone who posted a $5,000,000 loss, but overall, he’s still nicely up. But hey, look, that is a big loss.