$JCT ｜Long/short ratio of accounts across the platform: 0.73｜Long 42.3% / Short 57.7%
What does the long/short ratio of accounts across the platform mean? It shows how many people are betting on each side, not which side has more money. The two often don't match.
Some people also use the account long/short ratio as a contrarian indicator, but that's just one way of reading it, and it often doesn't work.
Indicators can fail, but risk management should never be skipped: deciding in advance what to do if you're wrong is more important than getting the prediction right.
What does the long/short ratio of accounts across the platform mean? It shows how many people are betting on each side, not which side has more money. The two often don't match.
Some people also use the account long/short ratio as a contrarian indicator, but that's just one way of reading it, and it often doesn't work.
Indicators can fail, but risk management should never be skipped: deciding in advance what to do if you're wrong is more important than getting the prediction right.