> For the complete documentation index, see [llms.txt](https://academy.hyblockcapital.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://academy.hyblockcapital.com/indicators/longs-and-shorts-indicators/true-retail-longs-and-shorts.md).

# True Retail Longs & Shorts

## Definition

The **True Retail Longs & Shorts** indicator tracks the percentage of **retail accounts** on Binance that are holding long versus short positions. Unlike volume-weighted metrics, this indicator assigns **equal weight to each retail account**, ensuring that every account contributes **one vote**, regardless of position size.

#### **Key Components:**

* **True Retail Longs (%):** The percentage of retail accounts currently holding long positions.
* **True Retail Shorts (%):** The percentage of retail accounts currently holding short positions.
* **Equal Weighting:** Each account contributes equally, preventing large positions from skewing the data.

#### **Why It Matters:**

* **Retail Sentiment:** Offers a clear view of market sentiment among retail traders.
* **Directional Bias:** Highlights whether retail traders are leaning more bullish (long) or bearish (short).
* **Market Psychology:** Provides insight into crowd behavior, which is often a key driver of short-term market moves.

This indicator helps traders and analysts better understand **retail positioning trends**, offering valuable signals about potential market sentiment shifts or herd mentality behavior in trading activity.