$BTC Overall account long/short ratio: 3 (long 75% / short 25%).
I used to think that when the long/short ratio was greater than 1, it meant there were more long positions than short positions across the entire market. Later, I realized that every long position is matched by a short position, so the total number of long and short positions across the market is always equal. A bullish account long/short ratio only means that more accounts hold long positions, while short positions are concentrated among a small number of accounts.
Don't chase trades during the few fastest-moving minutes. Wait for the candlestick to finish forming before taking a look.
I used to think that when the long/short ratio was greater than 1, it meant there were more long positions than short positions across the entire market. Later, I realized that every long position is matched by a short position, so the total number of long and short positions across the market is always equal. A bullish account long/short ratio only means that more accounts hold long positions, while short positions are concentrated among a small number of accounts.
Don't chase trades during the few fastest-moving minutes. Wait for the candlestick to finish forming before taking a look.