Let me share a quick thought. When I first started trading futures, I loved checking the long/short ratio. If I saw more people going long, I’d follow suit—only to get stopped out by a single wick several times.
Later, I realized that the long/short ratio shows which side most people are betting on, and the market often likes to move in the opposite direction.
Today, the network-wide account long/short ratio is 1.31 for $BR , with more people going long. I’ll take that as a reminder.
Later, I realized that the long/short ratio shows which side most people are betting on, and the market often likes to move in the opposite direction.
Today, the network-wide account long/short ratio is 1.31 for $BR , with more people going long. I’ll take that as a reminder.