Paper Hands

Internet slang for an investor who sells a position too early out of fear, locking in losses or missing further gains. The term exploded during the 2021 GameStop saga on r/WallStreetBets, where "paper hands" was the ultimate insult -- the opposite of "diamond hands," which describes someone who holds through extreme volatility. While mocking in tone, the concept touches on a real behavioral finance challenge: panic selling during drawdowns is one of the most common mistakes retail traders make.