“Apes“ is how WallStreetBets community members refer to themselves and fellow retail traders.
Origin & Meaning:
- Self-identification: WSB users calling themselves “apes“
- “Apes together strong” – Unity slogan (from Planet of the Apes)
- Implies: Simple, instinct-driven trading vs. sophisticated Wall Street analysis
- Collective power: Individual retail traders weak, but strong when united
Ape Characteristics:
- Buy and hold mentality
- Diamond hands 💎🙌 – refusing to sell despite volatility
- Anti-establishment – fighting against hedge funds/Wall Street
- Community-driven – sharing DD (due diligence) and supporting each other
- Meme-focused – heavy use of emojis and internet culture
Ape Behavior:
- “Buying the dip” – purchasing more when prices fall
- HODL – holding positions long-term
- Rejecting traditional financial advice
- Crowdsourced research and market analysis
- Supporting “ape stocks” (GME, AMC, etc.)
Cultural Symbols:
Philosophy:
- David vs. Goliath mentality
- Democratizing finance
- Exposing market manipulation
- Wealth redistribution from institutions to retail
The term represents retail investor solidarity against traditional Wall Street power structures, though it involves high-risk trading strategies.