🐋 $ELSA Global account long/short ratio: 1.06 (long 51.5% / short 48.5%).
To find out which side the big players are on, many people look at the long/short ratio. But the two ways of calculating it measure completely different things.
The global account long/short ratio shows how many accounts are on each side, not which side has larger positions. The two often don't match.
Unusually high or low readings are often accompanied by more intense volatility. At times like these, it's better to reduce leverage rather than increase your bets.
#ELSA
Make your own trading decisions—don't follow the crowd.
To find out which side the big players are on, many people look at the long/short ratio. But the two ways of calculating it measure completely different things.
The global account long/short ratio shows how many accounts are on each side, not which side has larger positions. The two often don't match.
Unusually high or low readings are often accompanied by more intense volatility. At times like these, it's better to reduce leverage rather than increase your bets.
#ELSA
Make your own trading decisions—don't follow the crowd.