Trading for beginners: The SIMPLEST Explanation of Every Detail

Trading for beginners: Learn in the Simplest Language with an Explanation of Every Chart Element!
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🔗 Trading for beginners:
00:00 Trading Training from Scratch: All Questions
00:23 What Are Japanese Candlesticks?
00:36 Trading from Scratch Explained on a Chart
01:33 Trading Basics: Candle Structure
02:06 Where to Start in Trading & What Affects the Price?
03:11 A Tool That Gave +40% in a Month https://t.me/cryptobosh/1808
03:29 Trading from Scratch: Concept 1
04:55 Concept 2: Trading Basics
05:35 Trading from Scratch: When to Buy and Sell?
06:26 Pattern 1: Bullish Candle
07:40 Pattern 2: Bearish Candle
08:57 Pattern 3: Doji Candle
09:48 Pattern 4: Bullish Engulfing
10:39 Pattern 5: Bearish Engulfing
11:37 Pattern 6: Morning Star
12:56 Pattern 7: Evening Star

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Trading for beginners – Full Training
Why is everyone constantly looking at these charts? What does each of these bars mean?
Why is one thick and another thin? Why is one long and another short?
When and who decides that one bar should turn into another?

I broke down all these elements to the molecular level! And in this video, I’ll show the meaning of every little detail and how to use it to make money in trading!

Let’s start with these colorful bars called Japanese Candlesticks.
What are they exactly?

A Japanese candlestick is, first and foremost, information about how an asset’s price moved over a specific period. For example, if we open a daily chart, one candle will represent the price movement for one day.

Candles are usually displayed in two colors: green and red.
But what’s the difference between them?

If the asset's price at the end of the day is higher than at the beginning, a green candle forms, indicating the asset has increased in value. This means buyers were stronger than sellers.
A red candle forms when the price at the end of the day is lower than at the beginning, meaning sellers were stronger than buyers.
To understand this better: we can look at a chart for not just 1 day, but also 15 minutes or any other timeframe. The principle remains the same—it's like zooming in or out on Google Maps: you're looking at the same location, just from different distances.

But why do most traders use Japanese Candlesticks?
Simply put, they are the best tool for understanding price movements.

Trading for beginners: Basics for Beginners
A candle consists of two parts: the wick (shadow) and the body.

The end of the upper wick shows the highest price, while the end of the lower wick shows the lowest price for the chosen period.
The body works slightly differently:

For a green candle:
The bottom of the body is the opening price
The top of the body is the closing price

For a red candle:
The top of the body is the opening price
The bottom of the body is the closing price
So, why does the price go up or down?

For example, let’s say I want to sell my Bitcoin for $40,000. I place a sell order on the exchange.
Visually, it looks like this: here’s the list of all sell orders.

Other traders see that many people are selling at $40K, and it's actually selling. Then, someone might place their order at $40,100.
Again, someone buys it! Then the next traders place their orders higher and higher…

And that’s how the price moves!

#trading #tradingforbeginners #tradingstrategy