Honestly, when I first started trading futures, I was obsessed with the long/short ratio. If I saw that a high proportion of traders were long, I’d follow suit and open a long position—only to get stopped out by a wick more than once.
Later, I realized that the long/short ratio shows which way people are betting, but the market often likes to move in the opposite direction.
Today, $INIT ’s platform-wide account long/short ratio is 0.68, with more traders short. I’ll take that as a reminder.
Later, I realized that the long/short ratio shows which way people are betting, but the market often likes to move in the opposite direction.
Today, $INIT ’s platform-wide account long/short ratio is 0.68, with more traders short. I’ll take that as a reminder.