$RLC Global Accounts Long/Short Ratio: 0.67 (Long 40.1% / Short 59.9%), compared with 0.9 an hour ago.
Let's break down the global accounts long/short ratio based on this data.
In the global accounts long/short ratio, an account with a very small position counts just as much as one with a very large position, so it is more indicative of retail trader sentiment.
I personally treat the long/short ratio as a secondary indicator; price structure and trading volume come first.
Sizing positions based on the stop-loss distance is much more reliable than just guessing.
#RLC
Don't treat this as a buy or sell signal.
Let's break down the global accounts long/short ratio based on this data.
In the global accounts long/short ratio, an account with a very small position counts just as much as one with a very large position, so it is more indicative of retail trader sentiment.
I personally treat the long/short ratio as a secondary indicator; price structure and trading volume come first.
Sizing positions based on the stop-loss distance is much more reliable than just guessing.
#RLC
Don't treat this as a buy or sell signal.