A quick update for my friends: someone asked me how to interpret the long/short ratio, so I'll use $AKE as an example:
The overall account long/short ratio is 1.30, meaning 56.6% are long and 43.4% are short.
A ratio above 1 means more traders are going long; below 1 means more are going short. But most importantly, the more extreme the ratio, the more wary you should be of a move in the opposite direction.
#AKE
The overall account long/short ratio is 1.30, meaning 56.6% are long and 43.4% are short.
A ratio above 1 means more traders are going long; below 1 means more are going short. But most importantly, the more extreme the ratio, the more wary you should be of a move in the opposite direction.
#AKE
