To The Moon

The Stock Trading industry is full of jargon and slang terms that are used by professionals and investors. Some of these terms which have already been mentioned in the post below by Tiger friends include: Golden Cross, Black Swans, Diamond Hands, Bear Hug, Dead Cat Bounce, Dollar Cost Average, DYODD, Bull trap, FOMO, Stagflation, etc. We can also see these slangs quite frequently from the articles or posts in the Tiger App.

“Take a flier” is another slang term used in the investment world. It describes the actions of an investor who buys and sells highly speculative investments and is fully aware they may lose all of their money. This phrase can also be used to refer to the event of taking a large loss. For example, saying "the firm took a flier on that investment" usually means that the company took an inordinate amount of risk or did not do its due diligence.

This phrase is used because when an investor takes a flier, the feeling of risk in the investment is mitigated by the potential for a significantly higher return if and when the investment pays out. An investor may also take a flier on an investment they believe in but that may not result in a large return. For instance, an investor who backs an emerging industry may invest on the basis of a personal obligation. This sometimes comes with the hope of profiting or breaking even at a far future date.