Paper Hands
To sell a stock at the first sign of trouble
Example
So many people sold yesterday ... c'mon you paper hands. Don't you believe in the stock?
Paper hands definition by Slang.net
This page explains what the slang term "Paper hands" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.
We are constantly updating our database with new slang terms, acronyms, and abbreviations. If you would like to suggest a term or an update to an existing one, please let us know!
Can you score under par in this golf terms quiz?
Among the users of Reddit's r/WallStreetBets subreddit, investors who sell a stock at the first sign of trouble are referred to as paper hands. While selling a stock in response to a price dip is sometimes the right call, r/WallStreetBets users view paper hands as weak, unprincipled investors, who don't have the fortitude to weather market swings.
In contrast to investors with paper hands, investors with diamond hands hold their stocks through market swings. Both labels, however, are often applied semi-ironically. Most investors, even the bros on the r/WallStreetBets subreddit, understand that investors have to buy, hold, and sell at the time that feels right to them.
Paper hands, diamond hands, tendies, and other r/WallStreetBets slang entered the public lexicon during early 2021's epic GameStop stock rollercoaster ride. Paper hands sold their stock in the middle of GameStop's many drastic rises and falls, while diamond hands held their stock through the event.