Day Trading For Beginners: MY COMPLETE BEGINNERS COURSE 2026

By the end of this video, you're going to know everything that you need to know on how to become a day trader as a complete beginner. This full course will be packed with more value than everybody puts inside of their courses and sells to people for hundreds and sometimes even thousands of dollars. I'm going to take you all the way from the beginning, from what is day trading to how to read charts, what candlesticks are, the platforms you're supposed to use, the strategies you should use, how to manage your trades, how to journal your trades. I'm going to teach you everything you need to know on how to become a profitable day trader. First of all, who am I? My name is Juvier, and I've been trading for 7 years now. Day trading has allowed me to live my dream life. I bought my first home for over a million dollars. I bought my wife her dream car. I have financial freedom. I can buy literally whatever the heck I want to whenever I want to. I can live wherever I want to because I now have time freedom and location freedom because of day trading. I'm able to not just take care of myself and give myself the life I never thought possible, but I'm also able to do that for my friends my family as well. Over the past 7 years, I've been able to consistently make multiple six figures every single month day trading, and that's why I truly believe that everyone should learn how to day trade. And that's the main reason why I'm making this entire course completely for free, because I feel like you and every other person watching this video deserves to learn this skill that can not just set you free but set your entire family free to live your dream life. In this video, I'm going to deep dive into every single thing that I know about trading and everything that you're going to need to know about trading to be able to start consistently making money day trading. And at the same time, I'm going to keep it as informational and as educational as possible because I remember when I was first starting learning how to day trade, everybody was making it super, super complicated. And over the past 7 years and being able to help thousands of people learn how to day trade, I've been able to package it in a way that's extremely simple. That way even a 6-year-old could actually learn how to trade, which I actually have taught a 6-year-old how to start trading. So I'm going to do that in this video as well to hopefully keep you entertained, informed, and enough education so that you can feel confident getting started on your day trading journey. Grab yourself a notebook, grab yourself some water, and get ready to change your life. Let's get into this. So what is day trading? In simple terms, it's realistically just hopping in and out of trades pretty quickly. You've probably seen your grandparents or parents even talking about buying stocks and holding stocks for years or until they retire and making money from it. That's not what we're talking about. We're more so talking about hopping in trades and predicting where price on a specific stock crypto, futures, currency pair, any of those. We're just predicting where price is going to go, and we're making money when we're predicting it in the right direction. The cool thing about day trading is that we can actually make money where the price is going down or going up. So unlike holding stocks, if price goes down while you're holding the stock, you're going to be losing money. Versus with day trading, if we predict price is going to go down, we can make money when price goes down, and vice versa, we can make money when price is going up. Now, there are many different components that go into predicting where price is going to go, and we're going to get to that later on inside this video. But basically, we can just look at specific patterns, and usually inside the market, patterns will repeat itself. And like I said, we'll get into that a little bit later on inside this video, so stay tuned. Let me answer some frequently asked questions that a lot of new people end up having before we even get into the trading part itself. How much money is needed to start day trading? Honestly, now you really don't need much. You can start off with $200, $300, $400, even $500. I always suggest for people to have at least $500 put aside to start with this, but you could start with a lot less amount if you wanted to. And I'll get into a cool trick for you guys later on inside this video where you can take $200 and get access to over $100,000 to trade with. How much time do you need to be able to trade every single day? A lot of people think I sit on the charts and look at it for 5, 6, 7, 8, 9, 10 hours a day, when in reality I'm probably looking at the charts maybe 30 minutes every single day. And I try and help everybody get to that same point. We don't wanna be sitting in front of the charts every single day. We want to be able to trade in the morning, make our couple hundred, couple thousand dollars, go live our life, enjoy our life with our family, go do the things that we love to do. So that's why realistically you don't need much once you learn this skill. Now, obviously trying to learn the skill, It's going to take a lot more time than just 30 minutes a day. But once you get it and get all the education, realistically, you don't need to trade long at all. How long until you can start making money? That's a great question, and it really depends on how much work you put in and how disciplined you are. I've had people that have started making money consistently within a month of learning this, and I've also had people where it's taken 8, 9, 10, even 12 months to start consistently making money in this. It really comes down to how much work you put in and how disciplined you are when it comes to this trading game. Now, what kind of What equipment will you need? A lot of people think you need a super fancy computer. They think you need a $10,000 computer, gaming computers, whatever. They think some crazy things when in reality you can use a regular old laptop. If as long as it has Wi-Fi and it turns on, you can trade with it. You can even use your phone. You can use an iPad. Now, I don't suggest you using your phone, especially in the beginning, because it's hard to learn and understand the charts on such a small screen, but you technically could. You don't need any crazy equipment at all. I guarantee you, if you have a laptop that has Wi-Fi and it turns on, you can start trading. Can day trading be your main source of income? 100%. I make multiple six figures every single month from day trading, and I technically could have it as my main source of income. The only thing that stops me from doing that is because of the fact that I only trade for 30 minutes a day. So I kind of want other things to do throughout the day. So I end up getting into other investments. I end up starting other businesses. I start doing other things to make me even more money because day trading makes me a good amount of money in such a short amount of time. I have so much more day to go. So let's get into the fun stuff here. There are multiple different types of industries that you can day trade in. We have the futures market, we have the forex market, we have the crypto market, we have the stock market, we have the options market. There are so many different things that you can trade, but those are the top 5 ones that most people end up trading. Now keep in mind, I mainly trade futures and forex. I also trade a little bit of crypto, but for this video, I'm going to really break down futures and forex trading. But keep in mind, everything I go over in this video is universal to every single thing, every single industry that I just mentioned, whether it's futures, forex, stocks, options, crypto. What I talk about in this video can be applied to every single one of them. Once you learn this skill, you can end up making money in every single environment of trading. Like, I started off in the forex market and the crypto market, and since I already knew how to trade in the forex and the crypto market,, I was easily able to transfer over into trading futures and also trading options. Now keep in mind, stocks is a little bit different. You need a lot more money to day trade it because remember, day trading, we're getting in and out basically every single day. We're not holding this for years and months and, and things like that. But Forex, futures, and crypto and options trading, you don't need as much money and you can get in and out of these pretty fast. During the day. It's also important that you figure out what type of trader you are. There are 3 different types of traders. There are swing traders, there are scalpers, and there are intraday traders. And basically the difference between all those is really just how long you're in each trade. Us as day traders, most of the time, like I said, we're not holding these trades for weeks and months and years and things like that. We're kind of in and out in a shorter amount of time. So scalpers are in and out of trades the most. They are probably in trades for a couple seconds to like 5, 10 minutes max. That's what a scalper is, someone that just likes to be in and out of trades very fast. They end up taking actually more trades throughout the day versus someone that's an intraday trader. An intraday trader will hold trades anywhere between 15 minutes to 2 hours. They're usually holding trades a little bit longer, but they're not holding them past a whole day. They're most of the time going to be in and out of them within 10, 15, 30 minutes, all the way up to, like I said, 2, 3 hours. That's what an intraday is. Now, a swing trader is someone who would hold trades for hours, sometimes even days, but most of the time they're holding these trades for a couple of hours minimum or a couple of days. So you need to figure out with your personality if you would be a better fit as a scalper, an intraday trader, or a swing trader. Keep in mind, all the strategies and all the information I go over inside of this video can apply to all of them. You would just have to change the time frames and the way that you're trading it, but you can use the the same price action and the same knowledge, but understand what type of trader you are based off of your personality and your trading goals. Okay, so getting into trading itself, you're gonna hear me use the word pairs. You're gonna hear me use the word instrument, and this basically just means the asset that we're trading, the thing that we are actually trading itself. I'm gonna give you guys the top 5 most popular ones. I'm also gonna give you guys my favorite ones in both the Forex side and the futures side so you guys can kind of understand exactly what we're looking at.. And so you guys have some examples of things you might want to go and start researching and start looking at, maybe practicing on. Okay, so here on the future side, if you guys can see, we have the top 5 really most popularly traded ones. I'm not gonna lie, natural gas is not a top 5 popular one, but it's one of my favorite ones to trade, so I put this in there. But basically, we're able to trade the futures S&P 500. The ticker symbol is ES, and basically all ticker symbol means It's just the shorter version of the asset or the instrument or the pair that we are trading. When we're going and trying to find these pairs and trying to find these instruments on the different platforms that we'll go over later on inside this video, you can just, instead of typing out E-mini S&P 500, you could just type in these ticker symbols and it's a lot faster and a lot easier. But the top ones are ES, which is the S&P 500. We have NQ, which is the NASDAQ or NAS 100. We also have YM, which is the Dow Jones. We also have gold, which is— the ticker symbol for that is GC. And we also have natural gas futures, the, the ticker symbol for that is NG. Now keep in mind, these 3 top ones are the top 3 traded ones really in the futures market for the most part, the S&P 500 being the most traded one. It's a good starter one to start practicing on, the S&P 500, if you do want to get into futures trading.. But a lot of people like trading gold as well, and I absolutely love trading natural gas. My top 2 favorite ones realistically is going to be NQ and NG. NG is also a great one to start with if you are a beginner because it moves very slow. So if you're a new trader, you're just learning it, you don't want to kind of get psyched out and confused and kind of thrown, thrown all over the place because NQ, YM, and ES can all move pretty fast if you're not used to it. Now on the forex side, so forex is always going to be currency pairs. So it's going to be EUR/USD, which basically just means the euro dollar versus the US dollar. Same thing with GBP/JPY, it's going to be the Great British Pound versus the US dollar. And it's the, it's the price discrepancy between each and every pair that you see here. So we have EUR/USD, which is going to be the most traded one. We have GBP/USD as well. We have GBP/JPY, we have USD/JPY., and we have USDCAD. Now keep in mind, I put 3 down here as well. These 3 are basically the same as these 3 up here. NAS 100 is the same as NQ, it's just the Forex version of NQ. We also have SPX 100 or S&P 500, which is the same as ES on the future side. Then we also have US 30, which is the same as YM on futures. So just keep that in mind.. Now my top 3 favorite ones when it comes to trading forex pairs and forex currencies is going to be GBP/USD, GBP/JPY, and USD/CAD. A great one to start off with if you are a beginner though, just to get used to it, is EUR/USD because it moves a little bit smoother and a little bit slower than all these other ones. So if you're a new trader, it's really cool to start— it would be pretty smart to start on EUR/USD just due to the fact that this is a nice pair for beginners. It's smooth and it's low. Now, I went over the top 5 in the forex and the futures market, but keep in mind there are so many things that you can trade when it comes to futures and forex. Honestly, you can trade futures corn, like you could trade the price of corn. You could trade the price of livestock. You could trade— it's, it's a crazy amount of things that you can trade, but you shouldn't get too confused with everything that you can trade. It's cool if you start off with the ones that I recommended, because like I said, they're going to be a little bit more beginner-friendly versus you trying to guess the price of freaking wheat and corn and, and things like that on your charts. So keep in mind, there's so many things that you can trade, but try and not get caught with that gold flashy syndrome where you keep chasing every single thing that you see. But just try and focus on one thing max so that you can just get used to trading and used to reading charts. So now that you guys know the most popular pairs whether it comes to forex or futures, you have to be aware of the fact that certain pairs or instruments will move more at certain times of the day. And that's because these things called trading sessions. So the market is really moved by these huge bankers and these huge funds that are actually buying a lot of things and selling a lot of things. That's why you see prices of stocks or cryptos going up or down. It's not us, it's not you with $200 or somebody with even a million dollars buying or selling something. That's not making the price move. People that are buying hundreds of millions of dollars worth of these things that's making price go up or down. And the reason why that's important is because at certain times of the day, these people are working. These people are actually looking for setups, and it's important to understand their trading sessions and trading sessions overall so that you can know when you should be trading certain things and when you should not be trading certain things. Because like I said, at certain times of the day, let's say for example, NQ will move a lot more than at the middle of the night, it won't move a lot. So maybe you shouldn't trade it when it's not moving a lot. Maybe you should only trade it when it's moving a lot. And to understand that, you have to understand trading sessions. So let me show you guys what are the main trading sessions so you can be aware of when you should be trading specific things. So as you can see on our screen here, London session starts at 2 o'clock in the morning Eastern Standard Time and ends at 11 o'clock in the morning Eastern Standard Time. That just means that really anything that has to do with, with London or, uh, GBP, if we're talking about Forex, so if you're looking at any pair that's like GBP/USD or GBP/JPY, any pair that has GBP in it, it's going to move the most during that time window of 2 AM to 11 AM Eastern Standard Time. Now the next session is New York session, and New York session starts at 8 AM Eastern Standard Time and ends at 5 PM Eastern Standard Time. So there's a window from when London session and New York session are actually overlapping, and that's from 8 AM to around 11 AM. That's when London session and New York session are in effect, and that's when there's the most volume inside the markets. That's when most people trade. That's when I end up taking trades because there's so much volume in the markets, there's so much price movement in the markets that it's easy to make a large amount of money in a small amount of time just because there's so much volume. But like I said, New York session is from 8 AM Eastern Standard Time all the way up till 5 PM Eastern Standard Time. Now Tokyo session is the last session really of the night, and it starts at 7 PM Eastern Standard Time and ends at 4 AM Eastern Standard Time. Now keep in mind, New York session is really when you're going to have the most movement in basically every single currency, whether you're trading NQ, ES, NG, any Forex pairs, any futures pairs, it's, it's all going to happen within New York session for the most part. And most of the time during that 3-hour window when New York session and London session overlap. Now on to Tokyo session. Realistically, there's not a lot of volume in Tokyo session. It's only on specific Forex pairs that have JPY in it. So if you're trading USD/JPY or GBP/JPY or anything that has a JPY in it, it's going to be a little bit of volume during that time. But to be honest, it's not a lot of volume during Tokyo session. That's just due to the fact that all the other sessions are kind of off at that point. London session and New York session are not happening, and the Tokyo market realistically is not that large, so there's not a lot of price action during that time. Now, it is possible to make money, and I do know people that are making a killer amount of money in Tokyo session, but it— the market just moves a little bit slower during Tokyo session. Okay, boom. So now that y'all understand pairs and sessions, now we have to get into the super, super fun stuff. This is the type of information that's going to help you make hundreds, thousands, and multiple thousands of dollars with day trading. I told you guys, day trading is all about using analysis and analyzing the market to see if price is going to go up or price is going to go down, so we can make the best guess possible to end up making money inside of the markets. So there are two main types of analysis that day traders use. We use fundamental analysis I just missed my finger. We use fundamental analysis and we use technical analysis. Fundamental analysis, all that is— it might sound weird or like you never heard of it before— all it really is is news events or any like news thing that happens that has to do with that pair or that currency or that stock or that crypto that you're, you're looking at or trying to trade. What that could be is, let's say Tesla, a car just blew up, a Tesla car just blew blew up, odds are that's the stock is going to end up going down. Or if interest rates come out, that's going to affect the markets either good or bad depending on what number came out. Or like when we had the COVID-19, like that heavily affected the markets. It's just any news event that has to do with like real life things that could either indirectly or directly affect the thing that you're trading. And what I mean by indirectly is like if, God forbid, a World War freaking 3 happen that would indirectly affect the market because it's not specifically anything towards the market, but it's something against people, and people get scared, end up moving money around, so it affects the market. Now obviously there's more direct things where, like, if Delta loses 20 planes and 100 people die, God forbid, on plane crashes, the Tesla stock is going to drop. Or if Nvidia comes out and says they made $100 million more than they thought they were going to make, their stock price is going to go up. That's all fundamental analysis is. As a day trader, we, we are conscious of it, but the main thing that we use to make money and predict where price is going to go is technical analysis. And technical analysis is simply looking at charts, looking at patterns in the charts, looking at the candlesticks, looking at all the different things on the charts, and using that to predict if price is going to go up or down based on previous patterns. Now, it's extremely important that you understand technical analysis because with technical analysis That's how I'm able to predict if price will go up or down and how I'm able to make thousands of dollars every single day by simply memorizing these patterns, understanding these patterns, having an eye for it, and acting when I see these things happen. Now in this next section, I'm going to go over everything you need to know about technical analysis. I'm going to show you guys what website to use, how to understand candlesticks, how to predict price. I'm going to give you guys the full in-depth thing. I told you guys I'm going to give you guys all the information that you guys need. To be able to start day trading. So let's hop into these charts. All right, so here we are on TradingView. TradingView is going to be your best friend as you're getting into trading. This is where every trader comes on to be able to look at any stock, any industry, any crypto, anything, and mark up their charts to be able to predict where price is going. Now keep in mind, TradingView is completely free. You can have paid versions of it, but as a beginner, you can create a free account on it, and you're basically able to do everything you need to do in the beginning of your trading journey. So just come over here to tradingview.com. Now once you do that, you can come over here, hover over products, and just press SuperCharts, and it'll take you into a chart that basically looks like this. Now keep in mind, this— you've probably seen this if you've watched any videos on trading or even have just been on social media. It's a bunch of people that kind of post these type of things. This is called a chart. This is what we as traders look at to be able to predict if what price is going to do, whether it's right now, in the next 10 minutes, in the next 5 minutes, in the next hour, the next day, week, year, whatever it is. This website is extremely vital for that. So you need to get extremely comfortable with it. And I'm going to help you do that. I'm going to break down exactly what all these things are and what you need to know about TradingView. So let's get started. So first of all, starting off up here, this panel right here just has a bunch of different tools. Think of it as basically this whole screen is just a drawing board, and all these things right here can help you draw on it. You have a line that you can just draw. You can change the colors of it if you want. You can hit dropdowns over here to have different things as well. Same thing over here, a bunch of different tools for you guys to use. Don't worry about all these things. You don't have to worry about majority of these things. All you're going to have to worry about is certain things that I'll show you. I'll point it out for you guys. Um, but we have these over here. You can hit drawdowns on all these. You can draw on the chart if you want to. You can realistically do whatever the heck you want to do on the chart, but the main tools you're going to end up needing is this crosshair first one. Then we can have this, uh, dropdown, this line, this trend line. You're going to need that. So what you can do when you create your account on TradingView is hit the star next to the trend line, and it'll basically add it to your favorites and it'll pop up here.. So I have mine for trendline, I have mine for horizontal line, and I have mine for horizontal ray. They're all just different type of lines for the most part. And then on this dropdown right here, there's nothing really that I have. This one here, I don't have anything. Right here I have long position and short position. You can put a star next to those. And basically all these do is you'll press— basically this, for example, would be where you would enter a trade at. This top part would be where you think price is going to go to, and this bottom part would be where you would want to exit a trade if you're— it's not going in your direction, just to help minimize your, your losses. And we'll get into that a little bit later on, but I just want you guys to be aware of these things. Now I have a brush, um, favorited on here, as well as a rectangle and a path. You can do that as well. As you guys see, it's just all the, um, the favorites that I had up here, which is mostly just the things that I end up using on a day-to-day basis, just so I don't have to go through here and click through it just to find it. But that's basically all what these tools are. Now over here to the top left corner, this is what pair you're looking at or what instrument you're looking at. You can click on it and you can type anything you want. If I want to type Bitcoin, I can type Bitcoin. If I want to type Ethereum, I could type Ethereum. If I want to type US30 like we talked about, I can type in US30, GBPJPY. You'll see a bunch of them, and what you'll see is the ticker symbol over here to the left You'll see their full names right here, and you'll see what platforms that they're on. Now keep in mind, don't be too concerned about these and the platforms that you're— they're on as of right now. These just— because sometimes the, the price will differentiate by a little bit. So GBP/JPY on the Oanda platform might be $10 different than the GBP/JPY on the FXCM platform. But just starting off, you don't have to worry too much about that. For the most part, you can use either one of them. But if you look over here to the, um, right of the name a little bit more, you see numbers, right? Now it might look a little bit different for you. You might have different numbers. This is just the ones that I use for the most part. And basically all these are, are what we call time frames. So this 1M means 1-minute time frame. 5M means 5-minute time frame. 15-minute— 15M means 15-minute time frame. Hourly, 4-hour, daily, that kind of stuff. You You can hit this dropdown and basically click anything that you want at that point. And basically all that means when we click on those time frames, it just means each and every one of these candlesticks represents what's happened in 5 minutes because I'm on the 5-minute time frame. If I go to the 1-minute time frame, each and every one of these candlesticks represent what happened in 1 minute, and so on, so on, so on. Like I said, we can go up to the 15-minute, hourly, daily time frame, and I'm going to go over exactly what candlesticks are in a little bit., but I just want to finish going through TradingView so you guys understand how to use it. So right here, as you can see, there's these things called indicators. And basically, indicators can be little tools that can help you in your trading. It can show you really what price has done the past couple days or so with certain indicators. If you click on indicators, you can actually see a bunch of different ones on here. If you want to type in anything that you might see on social media, you're going to type it up here. There are a bunch of different indicators, to be honest with you guys. I'm not really a huge fan of indicators. I just use the indicator that I personally made, as well as one other indicator called Kill Zones. And all Kill Zones does is shows me on the chart when New York session starts, Tokyo session starts, and London session starts. So I don't have to go back and see, okay, this at 12 o'clock, this is London session. It just shows me on the chart, so it just makes it a little bit easier for me. That's all Kill Zone does. Um, but here you can use your indicators, and when you press your indicators, it's It'll just go onto the chart and things like that. But right now we're not going over indicators, we'll go over that a little bit later. Now you can add indicator templates if you want. This right here is an alert button, which is extremely powerful. I told you guys, I really only trade for like, I'm really only on the charts like 30, maybe 35 minutes a day. A lot of the times a lot less than that. And the reason being is because I utilize alerts. Alerts are extremely powerful because I don't have to sit here and watch the chart 24/7. I can press here and set an alert, and when price gets to a certain number, or if price does a certain thing, or if a stock does a certain thing, I'll get a notification right to my phone. I'll get it on my phone, I'll open up the chart, I'll see if I want to buy or sell. I'll buy and sell, and then I'll set an alert if I— at certain areas, if I want to close my trade there or close my trade there, it doesn't matter. I'll have an alert that way I don't have to look on the charts the entire time. I'll just get notifications sent right to my phone so I can act when I get those notifications without having to wait here this entire time. But that's what the alert does. Now there's this replay feature right here. This is extremely important when you want to start practicing trading. This is what we use to backtest, and I'm going to get into how to backtest so you get comfortable with the charts later on inside this video. So make sure you stay tuned because backtesting Testing is a huge part of all this, and this replay feature is exactly how we're going to do it. Now, to the right over here, we have different— our watch list for the most part. So if you know that you want to trade gold, right, you can type in GC as we talked about before, and that's gold futures. And we can press that and it'll go right onto our watch list. That way we don't have to type in every single pair that we want to trade every single time we want to look at the chart. We can just come over here to our watch list and click through it just like that. It makes going from pair to pair to pair way easier and way faster. Now that's realistically all you have to know on the chart for the most part as far as TradingView and how to use TradingView. You can right-click on your chart and go to settings. You can change the colors of the candlesticks if you want. Instead of it being green, which means goes— it's going up, and red, which means going down, you can change it to purple purple and blue. You can change it to white and black. You can do whatever you want to do at that point and kind of just play around with the settings in here. Keep in mind, I don't really play around too much with the settings. I'll change the color of my candlesticks. That's really about it. I don't really change anything else in here for the most part, but feel free to play around with it if you guys have a color preference, if you want. But I think in the beginning it just makes sense to just stick with the normal colors green and red. But like I said, for the most part, that's kind of all you need to know about TradingView. Now let's get into understanding exactly what we're looking at. What are these candlesticks? What do they mean? And how do we use these candlesticks to be able to know if we should buy something or sell something? So let's break down candlesticks. Candlesticks are probably the most important thing that you're going to need to know when it comes to technical analysis, really when it comes to trading overall. I made a nice little drawing here. Obviously these are real candlesticks This is my drawing. As you see, they're all different shapes and sizes, all different colors, but I'm going to break down exactly what these mean. I know when I was first starting off trading and I was trying to learn it, everybody made it super complicated. I'll make it extremely simple for you guys. There's two things when it comes to candlesticks. We have the body and we have the wick. The body is the, the, this thick part, the fat part, whatever you want to term it as. And then we have these lines right here, these skinny lines. These are called the wicks. Body and the wicks. All the body means is that's where price opened at, and then that's where price closed at. And what I mean by that is, remember how we talked about what specific time frame we're on? If we're on the 1-minute time frame, that means all these candlesticks represent what's happened in the time of 1 minute. If we're on the 5-minute time frame, these candlesticks would represent what happened in a 5-minute span. So So when I say we're on the 1-minute time frame and where the body shows us the open and the close of that candlestick, that basically means at the start of 1 minute. So let's imagine right now— where's my, my text tool? Let's imagine it's 1:01 PM, right? This is 1:01 PM. This next candlestick would then be— here we go— this next candlestick would then be 1:02 PM. Then the next one would be 103 and 104, right? But at the end of this 101 candlestick, price opened right here on a green candlestick, or a bullish— bullish means it's going up, bearish means it's going down. So on a green candlestick or bullish candlestick, the bottom of the body is where price opened up at. That means at 102 exactly, this is where price was, because the last price ended right here. The last candlestick ended right here. Now, the top of the body represents where price ended at, exactly what number price was at, at the end of 1:02 PM. Now, the wicks just represent what's happened during that entire span. So just because this 1:02 candlestick opened or started right here and it closed right up here, that doesn't mean price didn't do anything else throughout that time, but throughout that time of 1:02, right? Price— the wicks represent where price has went throughout the entire time. So that means at 1:02 and maybe 10 seconds, it came down here. At 1:02 and 50 seconds, it came up here. At 1:02 and freaking 43 seconds, it was right over here. This, it just represents the highest of where price was at. The top of the wick represents the highest of where price was at during that candlestick. The bottom of the wick represents the lowest of where price was at on that candlestick. Now, same thing vice versa with bearish candlesticks or red candlesticks, except we're switching it. So we know the bottom of bullish candlesticks is where price started at. At 1:02 PM, price was right here, and right here basically means if we look over to the right, it was at— on this specific example, it was at 19,870, right? You guys can see towards the right of the— my mouse. 19,870. That's where price was at when 102 started. And then at the end of 102, price was at 19,956. But then remember, this is our 103 candlestick. I told you guys it's vice versa. So because it's going down, that means the top of the body of our candlestick here, right here, the top of the body of our bearish candlestick means that's where price started at 1:03 PM. This is where price was at. The bottom of a red or a bearish candlestick is where price closed at. That means at the end of this 103 candlestick, price was right here, which is at whatever number that is. And the same thing with the wicks throughout this entire 103 candlestick. Price could have went all the way up here, could have been down here, all the way up here, went all the way down here. Throughout this entire candlestick, it's done all this. It's been all the way through here, but it opened here and it closed here. Same thing with this additional red candlestick. This would technically be the 104 candlestick where price started right here and it went down more and it ended up at the end of 104. It closed right here. This is where price was at the end of 104. Same thing with the wicks, that just means price went up or down in that range. So hopefully I was able to make this pretty clear for you guys. I know for me in the beginning it was like one of the hardest concepts for me to grasp. So I try and make it as simple as possible for people by just letting people know bearish candlesticks, the body means where— that's where price started at that time. The top of the body is where price ended at that time. Now with bearish candlesticks, it's the opposite. The top is where price started, the bottom is where price ended at. And all the wicks mean on all the candlesticks, that just means what price has done, where price has been. Price could have been anywhere in this range throughout this entire candlestick, this entire candlestick. But when the clock struck 1:03 PM, price ended up ending right up here. So that's how you understand candlesticks. And like I said, obviously there are a bunch of different shapes and sizes because price can realistically do anything. If we look on the charts here, same thing right here, we can see all these green candlesticks. This is where price started, this is where price ended, The wicks is where price has been throughout this entire time. Same thing with these red candlesticks. Price started right up here, price ended right down here. The wicks is where price has been throughout this 1-minute candle, because remember, we're on the 1-minute. Now keep in mind, if we go to the 15-minute time frame, we'll see the exact same thing. We'll see— let me turn this indicator off— we'll see the exact same thing except the candlesticks will look a little bit different, um, rather than if we were looking on the 1-minute time frame, because each and every one of these candlesticks, let's say because this is a 15-minute candlestick, let me just show you guys right here. So if I put a box around this 15-minute candlestick, let's just make this white so everybody can see it easily. So this is one 15-minute candlestick, but keep in mind this is a 15-minute candlestick. So that means if we go to the 5-minute candlestick, there are 3 different boxes that are inside this 5-minute candlestick, just like this. This is the 3 boxes that's in that 5-minute candlestick. Uh, sorry, that's in that 15-minute candlestick, just because we went to the 5-minute time frame. Now if we go to the 1-minute time frame, we'll take one of these candlesticks right here. One of these candlesticks is a 5-minute time frame, or one is a 5-minute candlestick. Sorry, if we go to the 1-minute time frame, these are all the candlesticks that happened in, um, a 5-minute span. So you'll see the same price action on a 15-minute or a 1-hour or a 5-minute candlestick. But the lower time frame you, you go, the more in detail you get to see what happened in it. Because like I said, we're able to go just more in depth in what's happening during that 15 minutes. We go down to the 5-minute, we can see exactly what happened at, um, 3:55. If we go to the 1-minute, we can see exactly what's happened at 3:58, 3:57, 3:56. You can even go to second candlestick second candlestick time frames if you want. I don't really do that, it's kind of too fast for me, I'm not gonna lie. Um, but sticking to these candlesticks and understanding what each and every one of these candlesticks means is extremely important. So hopefully I was able to break it down simply enough for you guys to understand exactly what you're looking at. Remember, it's always going to be different shapes and sizes because price does something else, something new every single candlestick. So now as you guys understand candlesticks and what each candlestick means, that is a very, very valuable skill to know. Not a lot of people in the world know that. And if you know just that, what each candlestick means and represents, what the body represents, what the wick represents, you can actually start trading just with that. Now that's what some people like to call price action or just candlestick trading. I don't really do that too much, but it is something that a lot of traders use. And the reason why it's so powerful is because since we know what wicks mean and what bodies mean and all that different type of stuff, we can look at a candlestick and be able to guess the next 2 or 3 candlesticks and see what price is going to do. For example, with this example right here, we see we have red candlesticks going down. We have a bunch of red candles going down. Then we have a small body right here with a small wick to the top and a long wick to the bottom. That means, and that shows us, that price tried to come down here but just couldn't stay down here. It tried to come down here but couldn't stay down there, so it ended closing up here, which means— and this is how I like to word it and kind of how I teach people that are kind of younger— I say price was scared of down here. And when price is scared of down here, that means in reality price is probably going to end up going up. And that's exactly what happened. We saw this candlestick with a small body here and a small wick at the top but a huge wick at the bottom. Price tried to be and stay down here, but it just couldn't, so I ended up coming back up here.. And as we see, if we zoom out, price just continued to go up. So that's one way you can use it if you find candlesticks that look like this. Another way is understanding if you see small candlesticks in comparison to the other ones. We see we have this huge green candlestick. Keep in mind, anytime you see a huge full-body candlestick, something like this that doesn't— that's big and it doesn't have a lot of wicks at all, that's a high probability that the next couple candlesticks are going to continue to go up. Up, um, or vice versa. If we see one like this, a red one, next couple candlesticks are going to continue to go down. So we see this and we're like, okay, price is probably going to continue to go up. But then we see these small red candlesticks, and what these small red candlesticks means— or any type of— they could be green as well— it just means uncertainty. When there's a small body but kind of equal wicks at the top and equal wicks at the bottom, that means like the wick size is basically the same. That just means there's uncertainty So that means that price doesn't know if it's going to continue to go up or continue to go down. Same thing happened here. We had wicks at the top, wicks at the bottom that are basically the same size, and a small body. So price was just uncertain. And then the next candlestick, we had a more certain body where we had a huge body and smaller wicks, and we see price continue to go up. Same thing, this is another great example right here where we see a huge body, small wick at the top, and big wick at the bottom. If we remember what I just said before, price is scared of down here. Price tried to go down but it couldn't and it ended up going up. So that means realistically it's probably going to continue to go up. And as you see, it continued to go up. Now vice versa on the other side, I showed you guys examples of where price was scared to go up. Um, now I can show you guys an example where price was scared to go down. Where we were going up, then we see a lot of small candles candles. Any single time you see small candlesticks, that just means price is uncertain. There's uncertainty there. So because there is uncertainty there, um, the next candlestick we had where price tried to come up here, we see that wick where price tried to come up here, but it was scared of up here, so it ended up going down. We were able to have a nice sized body going down with not so big of a wick going down, and that shows us and told us the price is going to end up going down even more. And that's what it ended up doing before going back up. So just being able to know what candlesticks, um, look like and understand what the bodies mean and the candlestick wicks represent, it can help you out a lot just with that information. Now there's obviously a bunch more things we'll add on to it as we go further along in this entire tutorial, but that's a good starting base to understand and just be able to look at candlesticks and be like, okay, Okay, if I see this candlestick, the next one probably will continue to go up, or the next couple ones will probably continue to go up. Or if it's going up for a lot and then we see a bunch of small candlesticks, that just shows us that price is probably going to end up going down for a little bit, that kind of thing. So candlesticks are a huge part of trading, but you also have to understand market conditions. You have to understand what type of market we are in. Price never goes straight up, right? Same thing, price never just goes straight down. Price always does these little ranges where it'll go up, down, up, down, up, down, up, down, that kind of thing, right? Now this is what we call a trending market for the most part. This is where price is making higher highs and higher lows. If you guys hear that analogy come out, or if I say that analogy at all, all that means is that price went up and it created a low, then it made a higher high because this high right here is higher than this previous high. So that means this high and this high create a higher high. Now this low is right here, and then right here we create a higher low. Same thing right here— higher high, higher low, higher high, higher low. And then vice versa if we're going down, it's the same thing except we have a low, then we have a high, then we have a lower low, Then we have a lower high, lower low, and a lower high again. So that's when you're kind of able to tell if we're in a trending market, when you're seeing higher highs and higher lows, or if we're in a bullish trending market— sorry— or if we're in a bearish trending market. Because remember, bullish means we're going up, bear means we're going down. So let's delete all of this off my screen. Um, but there are also times where price is in a consolidation. And all consolidation means, or a range means, is that price is just going up or down, right? It's just going up or down. It's not really making higher highs, higher lows. It's just really going up or down and staying in what we call a consolidation or a range, which just means that price is staying within a range. Now, the reason why that's important is you need to understand certain strategies will work better in trending markets versus consolidation or ranging markets.. And we'll get into my favorite strategies and the best strategies for beginners a little bit later on inside this video. But you need to understand market conditions and the trend that market is in right now so you can understand how to trade it, so you can make the best decisions. Because you don't want to be trading a strategy that works great in a trending market when we're in a consolidated market. You don't want to be trading a strategy that works great in a consolidating market when we're in a trending market. So it's extremely important to understand what those are. Now, we also have markets that are called— I like to call them breakout markets. And basically, it's the same as ranging markets, except sometimes it'll range