Path to Profitability: How to Read a Candlestick Chart

Good boys, welcome to day three. This is a little bit more on like the beginner side of things. This is going to be an introduction to TradingView, how to read a candlestick chart. So, we're going to be going over how to understand candlestick anatomy, how to identify highs and lows in the markets, and then

how to identify trends in the markets, and then from this we will start delving into kind of what most people are going to want to be a part of this series for, which is liquidity explained, fair value gaps explained, advanced liquidity concepts, inverse fair value gaps, advanced imbalance concepts, [ __ ] SMT divergences, time theory.

All of this stuff that actually helps us become full-time traders and actually helps us get good at trading. And if you guys remember yesterday's episode, what is trading? It's being able to predict where price wants to go with a high probability on a daily basis. So, in order to do that, we need to actually

see price, okay? There's two different types of traders, and I'll preface this before we get into looking at the chart. This is just super quick. There's two different types of traders. There's technical analysis traders, which is what I am, okay? I do the majority of my trading purely based off of what the

chart is telling me. So, what price is telling me. And then there's fundamental analysis traders, okay? These are people who very rarely actually are looking at the chart and are more so looking at the news. So, um I mean there's several good examples of this, but somebody like Warren Buffett, for example, he's doing his

investing off of just the global news or the news around the company, you know, he's reading earnings reports, all that stuff. He's not necessarily focused on like, "Hey, this candlestick closed this way, and then this candlestick closed this way, so I'm going to look to invest right now." He doesn't do any of that,