$INIT Network-wide account long/short ratio: 0.67 (long 40.1% / short 59.9%).
A beginner’s burning question: How should you read the network-wide account long/short ratio?
The same account long/short ratio can mean different things for different coins: some coins stay above 1 for long periods, so you should compare them against their own historical levels.
Extreme long/short ratios can persist for quite a while, so trading against the trend based on the ratio alone can be risky.
Extreme readings usually signal greater volatility. In these situations, it’s better to reduce leverage rather than place a big bet.
It’s up to you how you trade; this is just for the record.
A beginner’s burning question: How should you read the network-wide account long/short ratio?
The same account long/short ratio can mean different things for different coins: some coins stay above 1 for long periods, so you should compare them against their own historical levels.
Extreme long/short ratios can persist for quite a while, so trading against the trend based on the ratio alone can be risky.
Extreme readings usually signal greater volatility. In these situations, it’s better to reduce leverage rather than place a big bet.
It’s up to you how you trade; this is just for the record.