Technical note | $ETH | Platform-wide account long/short ratio: 3.15 | Long 75.9% / Short 24.1%
Definition: In the platform-wide account long/short ratio, an account with a very small position counts the same as one with a very large position, so it reflects more of the crowd’s sentiment.
How to read it: Some people also use the account long/short ratio as a contrarian indicator, but that’s just one common way to read it, and it often doesn’t work.
Sizing your position based on the distance to your stop-loss is much more reliable than just guessing.
Volatility is high, so manage your position size accordingly.
Definition: In the platform-wide account long/short ratio, an account with a very small position counts the same as one with a very large position, so it reflects more of the crowd’s sentiment.
How to read it: Some people also use the account long/short ratio as a contrarian indicator, but that’s just one common way to read it, and it often doesn’t work.
Sizing your position based on the distance to your stop-loss is much more reliable than just guessing.
Volatility is high, so manage your position size accordingly.