Technical Note | $SIREN | Overall account long/short ratio: 1.64 | Long 62.2% / Short 37.8%
First, a definition: The account long/short ratio measures how many people are betting on each side, not which side has larger positions. These two things often don't match.
A common way to read it: The long/short ratio only covers futures positions; spot buying and selling aren't included. So use it with caution when judging the entire market.
Don't disrupt your plan because of a single indicator, and don't use borrowed money to test what one reading tells you.
First, a definition: The account long/short ratio measures how many people are betting on each side, not which side has larger positions. These two things often don't match.
A common way to read it: The long/short ratio only covers futures positions; spot buying and selling aren't included. So use it with caution when judging the entire market.
Don't disrupt your plan because of a single indicator, and don't use borrowed money to test what one reading tells you.