SMART MONEY CONCEPT | What Is A Diamon Hands In Trading? - Explaned in 25 MINUTES
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Diamond hands is a term forged in the gauntlet of Reddit’s r/WallStreetBets community. Traders using the social media platform came up with the unique phrase — one of many — and it simply caught on, especially during the meme stock craze that haunted the market in January 2021.
What exactly does diamond hands mean for stocks?
Commonly depicted in its emoji form (see above), ‘diamond hands’ refers to someone who has a high-risk tolerance for high volatility stocks or assets that they own.
The diamond represents the unyielding strength of the investor holding their volatile asset. Although, a negative definition might refer to the hard-headed stubbornness of the same investor for not letting go of an asset despite its falling value.
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DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
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