What is Tendies?
Quick Answer
Tendies is a slang term originating from the WallStreetBets community on Reddit, referring to financial gains made from trading stocks or cryptocurrencies.
" Tendies are the profits you brag about on Reddit before giving them back to the market two weeks later. The term exists because 'gains' sounds too clinical and 'chicken tenders' accurately captures the reward-brain mentality behind options trading. Collect enough tendies and maybe you'll afford actual chicken tenders. "
BORING DEFINITION
Tendies is a slang term originating from the WallStreetBets community on Reddit, referring to financial gains made from trading stocks or cryptocurrencies. The word playfully likens profits to chicken tenders, a comfort food beloved by many. Traders use it to celebrate successful trades and potential riches.
How Does Tendies Work?
In essence, 'tendies' represents the profit gained when an asset's value increases after being purchased at a lower price. Traders often cash out or 'take profits' when they feel they've earned enough 'tendies.' It's all about timing and predicting market movements effectively.
Why it matters: 'Tendies' symbolize the allure of quick profits in volatile markets. Understanding this concept can help traders navigate online trading communities and their unique cultures.
REAL WORLD EXAMPLE
> After a wild day in the market, Jane checked her portfolio and gleefully announced that she'd earned some serious tendies from her GameStop investment.
Frequently Asked Questions About Tendies
What are tendies in stock market slang? +
Where did the term tendies come from? +
How do you collect tendies? +
Are tendies the same as profits? +
Why do traders use the word tendies instead of just saying profits? +
What is the meaning of tendies? +
π Today's Candidates for Tendies
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