All terms
What you hold. Heavy bags are large positions, usually ones that are down.
Your bags are your positions. Bagholder, the older term, means somebody left holding something after the people who promoted it have gone. Bag is now used neutrally for any holding, and the phrase bags packed means a position built before an expected move.
The word carries a useful image. A bag is something you carry, and the weight is the point. Position sizing is what determines whether a holding is something you carry comfortably or something that changes how you sleep.
Somebody describing a position built over months as their bag, and the ninety percent drawdown as heavy bags.
That heavy bags means a large position. In use it almost always means a large position that is down, and the word carries the weight of not selling. Nobody describes a winning position as bags.
Common questions
What are heavy bags?
How many bags is too many?
Where to go next
More culture terms
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Some of these land faster in conversation than in writing. Sessions are one to one and you can ask anything, including the things that feel too obvious to ask.