Just sharing a quick thought. I used to pay a lot of attention to the long/short ratio. Whenever I saw that a high percentage of traders were long, I’d follow suit—and more than once, I got stopped out by a single wick.
Over time, I came to understand that the long/short ratio shows which side most people are on, but the market often likes to move in the direction fewer people are positioned for.
Today, $JCT ’s platform-wide account long/short ratio is 1.05, with both sides nearly even. I’ll just take it as a heads-up.
Over time, I came to understand that the long/short ratio shows which side most people are on, but the market often likes to move in the direction fewer people are positioned for.
Today, $JCT ’s platform-wide account long/short ratio is 1.05, with both sides nearly even. I’ll just take it as a heads-up.