How To Read Stock Charts For Beginners

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  • Опубліковано 13 гру 2021
  • Simple explanation on how to read a stock chart for beginners. If you have any questions feel free to ask them in the comments.
    Free sites for stock charts:
    Trading View: www.tradingview.com/chart/
    Finviz: finviz.com/
    You can also connect with me on:
    Instagram: @jamesrichyoung
    Twitter: @jamesrichyoung
    Disclaimer: All information presented in this video and channel is for educational purposes only. Nothing is intended to be financial advice.

КОМЕНТАРІ • 220

  • @camilamartin6779
    @camilamartin6779 4 дні тому +87

    Biggest lesson i learnt in 2023 in the stock and crypt0 market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

    • @martinsluther5379
      @martinsluther5379 4 дні тому +1

      Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving

    • @gabrieladam5185
      @gabrieladam5185 4 дні тому

      ,,Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we're the market is wanting to go and keep it simple with discipline.

    • @kurtdarren8360
      @kurtdarren8360 4 дні тому

      As an Investment enthusiast, I often wonder how top level investors are able to become millionaires off investing.. I've been sitting on over $545K equity from a home sale and I'm not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

    • @worfganbitterlich3825
      @worfganbitterlich3825 4 дні тому +1

      The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.

    • @scarlettoliver210
      @scarlettoliver210 4 дні тому +2

      !!! All we need is the right advice on how to invest in 'stock and crypto' and we will be set for life, made $58,000 profit from trading last month regardless of how bad it gets on the economy.

  • @lyndonp6296
    @lyndonp6296 Рік тому +44

    I find that the best time to watch 'videos for beginners', on any subject, is when you are not a beginner.....

  • @user-nh8th1mv8y
    @user-nh8th1mv8y Рік тому +28

    Found your channel yesterday and watched a dozen of your videos so far. You certainly deserve more subscribers!

  • @msmigs1173
    @msmigs1173 5 місяців тому +17

    every “stocks for beginners” always start with patterns and highs and lows. this is exactly what i needed to know thank you

  • @hunterbougis7708
    @hunterbougis7708 7 місяців тому +5

    I can't thank you enough for your content, James. Simple, raw information that is far easier to digest and apply than Al Brooks' price action books.

  • @1woto_
    @1woto_ Рік тому +9

    Such a great explanation with very useful examples James!

  • @allum007
    @allum007 Рік тому +2

    I'm doing a course on systematic trading and it is like learning Arabic.... thanks I've learned so much in this video alone and felt ive progressed In the understanding of what a chart is and how to read it

  • @hunternemmers3861
    @hunternemmers3861 7 місяців тому +5

    Still one of the best videos that explains this concept. Great job.

  • @marcusrex77
    @marcusrex77 Рік тому +4

    That was excellent. Your video was great for the absolute beginner and it was easy to follow without getting lost.

  • @user-wt8jy1jh6w
    @user-wt8jy1jh6w 3 місяці тому +5

    Great presentation, easy to understand and digest. Thank you

  • @Zaideed
    @Zaideed 11 місяців тому +5

    You are really great at teaching, thank you so much. You just got a new subscriber

  • @joede14
    @joede14 4 місяці тому

    This what I'm looking for - am completely beginner. Thank you for this highly informative content presented in very simpler way. Thank you James great job.

  • @_cr8ive_
    @_cr8ive_ 3 місяці тому

    Great presentation, easy to understand , simple yet clear. Thank you

  • @BkAllDay1011
    @BkAllDay1011 11 місяців тому +1

    Thank you. Thats seemed like just the right amount of info for an introductory perspective!!

  • @popeye8427
    @popeye8427 4 місяці тому

    Ok wow. Out of all the videos I've watched this is by far the best. I'm having a little bit of challenge understanding stock market and the charts but I'm game.

  • @madmanjoe
    @madmanjoe Місяць тому

    This was the easiest to understand explanation ive seen. Thank you!

  • @ipod5062
    @ipod5062 8 місяців тому +16

    I started learning Day-Trading a week ago. Im from Germany and i tried different material, youtube videos etc. Im glad i found your channel. You seem like someone trying not to sell the viewer something and i appreciate it. I start now, to deep into this and change my life.
    I wish you all good luck 👍

    • @villagenetwork3167
      @villagenetwork3167 8 місяців тому

      Which trading you are doing

    • @ipod5062
      @ipod5062 8 місяців тому

      @@villagenetwork3167 I started with Krypto Futures like 2 weeks ago.
      Right know I’m just learning, but I want to trade real stocks too.

    • @SpeedrossTV
      @SpeedrossTV Місяць тому +1

      Good luck man we all start somewhere

    • @blackirish1000
      @blackirish1000 15 днів тому

      So how have you done so far?

  • @BlokFinance
    @BlokFinance 4 місяці тому +3

    Loved it. I watch the charts but never really understood. Definitely want to know more about the wicks.

  • @sincerelyserenity8524
    @sincerelyserenity8524 2 місяці тому

    This was the most helpful explanation I have ever heard

  • @patriciafedrick0411
    @patriciafedrick0411 6 днів тому

    This was an excellent explanation of candlesticks. Thank you!

  • @TheYoutubereels.
    @TheYoutubereels. 3 місяці тому

    I loved this video. Very easy to understand !

  • @raredaft
    @raredaft 4 місяці тому

    Your videos are so easy to understand. This is the first explanation I have been able to understand. Can you please do a video on how to buy a stock and/or sell it? Anything to get started once understanding these basics…

  • @ktara1033
    @ktara1033 2 місяці тому

    The best video learning about charts. Thank you.

  • @vishalkarna3763
    @vishalkarna3763 3 місяці тому

    Great job explaining candlestick. Thank you

  • @Dltmac5656
    @Dltmac5656 3 місяці тому

    Thank you I will take this time you put into this making this video for someone like myself who has no knowledge...I WILL GAIN THE KNOWLEDGE I NEED FOR READING EVERY CHART THERE IS....

  • @pawangadgil61
    @pawangadgil61 6 місяців тому

    Loved it. This is the most simply explained video.
    Thank you.
    Love from India ❤❤

  • @Budgeting_Ministries
    @Budgeting_Ministries 2 роки тому +1

    Thank you so much for all your hard work you put into this video. God bless❤️🙏🏽

  • @kannansaravana6
    @kannansaravana6 5 місяців тому

    Great explanation. Thanks for explaining it. 🎉

  • @dannymckenzie3676
    @dannymckenzie3676 3 місяці тому

    Thank you finally someone explains the charts

  • @TeddyMoore-nn3ld
    @TeddyMoore-nn3ld 11 місяців тому

    This was a grate video! James! Thanks

  • @fawl3568
    @fawl3568 2 місяці тому

    Appreciate it man!!! Very informative

  • @Shanehutcheson841
    @Shanehutcheson841 4 місяці тому

    Great info! Thank you!!

  • @njlawnmasters2312
    @njlawnmasters2312 2 місяці тому

    Good video. Plain and precise, nice job, thanks!

  • @frankmunro1303
    @frankmunro1303 2 місяці тому

    Well explained, thank you.

  • @GraceBaskin
    @GraceBaskin 2 місяці тому

    Great explanation. Thanks for sharing this James!!

  • @darragh3796
    @darragh3796 18 днів тому

    More informative than any college lecturer I’ve attended thank you sir!

  • @Clay-green
    @Clay-green 28 днів тому

    This was very helpful thank you🎉

  • @lwendt1
    @lwendt1 4 місяці тому

    Very well done. Subscribed!

  • @dtumu001
    @dtumu001 5 місяців тому

    I am glad I found you, thank you

  • @imranahmed-gt8ct
    @imranahmed-gt8ct 3 місяці тому

    Very good video . Simple n easy

  • @melissacarter3247
    @melissacarter3247 3 місяці тому +13

    I'm still lost lol I have to look and listen to this video over and over until I get it 😅😂

  • @greggcoppock3097
    @greggcoppock3097 2 місяці тому

    This is great! thanks

  • @tradegains
    @tradegains Рік тому +1

    GOOD SIMPLE EXPLANATION OF CANDLESTIK

  • @maureenbennett809
    @maureenbennett809 Рік тому

    Great content!😀

  • @janetgarcia5637
    @janetgarcia5637 2 місяці тому

    Thanks so much for this video 🙏 amazing 🤩 ❤️

  • @sheilanfc
    @sheilanfc 4 місяці тому

    thankyou it is very helpful i am still learning in the Nusantara fx community class

  • @hamedhabibi8454
    @hamedhabibi8454 3 місяці тому

    Perfect. Thanks

  • @thedigitalreview7243
    @thedigitalreview7243 День тому

    Excellent video

  • @quanjames
    @quanjames 5 місяців тому

    sometimes you can read the book but you don't understand what is writed. Keep the in mind Traders. Great video.

  • @teaspells9994
    @teaspells9994 Рік тому +1

    this was amazing!!

  • @jewlzbulls
    @jewlzbulls 3 місяці тому

    Great video :-) thanks

  • @lennybenitez3579
    @lennybenitez3579 6 місяців тому

    Wow .. thanks !!!

  • @ogcrowley
    @ogcrowley 6 місяців тому

    Thank you ✊🏾🙏🏾

  • @noccki6694
    @noccki6694 Рік тому

    Thank you sir.

  • @gslatino25
    @gslatino25 10 місяців тому +11

    You’re a great teacher. You made it very easy to understand 👍🏽

  • @AdelineGianna
    @AdelineGianna 2 місяці тому +74

    Nice video. Please Can you provide guidance on achieving profits in Bitcoin or Forex investments? I've been grappling with persistent losses in my account.

    • @MadisonFill
      @MadisonFill 2 місяці тому

      Investing without a thorough understanding of the market is not recommended. I suggest consulting with Expert Rosie for guidance.

    • @JudithEvelyn-zq7zq
      @JudithEvelyn-zq7zq 2 місяці тому

      Rosie's strategy stands out as the most effective among other experts. Many others are not dependable.

    • @SerenityAutumn-bi5ug
      @SerenityAutumn-bi5ug 2 місяці тому

      Sounds familiar, i have heard her name on several occasions.. and both her success stories in the wall street journal!!

    • @NickOwens-uu4gk
      @NickOwens-uu4gk 2 місяці тому

      Glad I bumped into a recommendation about her exactly 3 weeks ago. More people like Expert mrs Rosie are needed in the crypto world.

    • @AdelineGianna
      @AdelineGianna 2 місяці тому

      Please how can i reach her?

  • @Heistuski
    @Heistuski 6 місяців тому

    great video💥

  • @thomaslim276
    @thomaslim276 2 роки тому +2

    So informative!

  • @nellyaranha8217
    @nellyaranha8217 3 місяці тому

    Let us seemore videos. You are a good teacher. Thanks anyway

  • @MS-ic8lj
    @MS-ic8lj 4 місяці тому

    Thank you 👍👍

  • @matycalls
    @matycalls 7 місяців тому

    this is gold!

  • @zeeshandhirani307
    @zeeshandhirani307 3 місяці тому

    Is there a continuation for this video. You explained it very well

  • @mybeloved4ever186
    @mybeloved4ever186 7 місяців тому

    Awesome video

  • @dominictombing8306
    @dominictombing8306 3 місяці тому

    Great video

  • @VaCulprit
    @VaCulprit 2 місяці тому

    Thank you for the quick lesson. So now that I understand how to read them? What am I looking for? When I see a Buyer close candle at $4 that was met with tough resistance from sellers with a down tail to a $1. What does this mean for an investor? and could you give an example on how this would help me make a play?

  • @Sincere369
    @Sincere369 3 місяці тому

    Thank You

  • @BUSHRASSPICYFEAST
    @BUSHRASSPICYFEAST 4 місяці тому

    Nice info

  • @ratnakarkodical1783
    @ratnakarkodical1783 Місяць тому

    Excellent.

  • @oddstreet11
    @oddstreet11 3 місяці тому +1

    Where can I find your video on analyzing charts?

  • @East573
    @East573 4 місяці тому +1

    I am really new to this can you explain why the sellers wanna keep it low and the buyers wanna keep it high thanks so much

  • @liorkadosh5898
    @liorkadosh5898 3 місяці тому +1

    Great video! I have a question about the examples you showed, at 4:30 for example, object B, why would sellers want to gets the prices lower? Isn't their intrest in selling for the highest value?

  • @peteryoung21
    @peteryoung21 2 роки тому +1

    Another great video!!! :D

  • @NJPbro
    @NJPbro 6 місяців тому

    Thankyou

  • @bobanppvc
    @bobanppvc Рік тому

    Its all player vs player (buyer vs seller).If you want to earn you need to perform better than average.What makes you better?

  • @RainneRae
    @RainneRae Місяць тому

    Great vid...new subscriber!

  • @queenputi7949
    @queenputi7949 8 місяців тому

    When to use the charts? How does it benefit in the trading process? Should trader look at the chart first
    Before trading? I’m so new and confused on this charts.. please enlighten me.. thank you

  • @johnslaughter9413
    @johnslaughter9413 2 місяці тому

    I’m going to take a physical class with these videos

  • @Dr.vinod.kumar.navale
    @Dr.vinod.kumar.navale 2 місяці тому +1

    Bro super, but can you come up with a playlist containing video explaining stock market from scartch to pro

  • @IGWEEMEKADAVID
    @IGWEEMEKADAVID Місяць тому

    Between the daily or hourly trades which one is better?

  • @georgedutch5366
    @georgedutch5366 7 місяців тому

    Do you include extended hours in your charts? Specifically in your Daily charts?

  • @ThomasJoe-claren
    @ThomasJoe-claren 9 місяців тому +91

    Great video! Easy to understand but still too complex and risky to implement...What's the best strategy to take when trading?

    • @DavidJohn-jk4yn
      @DavidJohn-jk4yn 9 місяців тому +3

      Hello! The best strategy as a beginner is to trade with a professional who understands the market pretty well that way, that way maximum profit is guaranteed! I recommend Charlotte Thornley, she has a team of professionals who have unique trading strategies

    • @ElsieLeen
      @ElsieLeen 9 місяців тому

      Hello! I was intrigued when I saw Charlotte Thornley's name here...We met on te l' e gram i was referred by a friend and ever since I started trading with her it's been a different story! I've been able to start up my long aspired business and I still make profit trading every week! She is the best!

    • @BeckyIsaac-un8ts
      @BeckyIsaac-un8ts 9 місяців тому

      Goodness! I am currently trading with charlottethornley and its been wonderful! I receive profits weekly ever since I joined her platform, I now have enough time to spend with my family and enough money to handle other operations! I'm grateful I took that bold step

    • @LaurineJohnshoy
      @LaurineJohnshoy 9 місяців тому

      Wow! Investing with charlotte Thornley has been a blessing in my life and my family! Trading has never been so easy lol! I only wish I had met her sooner. Her strategies work like magic. Best recommendation I've gotten so far, Now I don't need to bother about my trade because her team is constantly keeping me updated and help me make rational decisions. She is really a life changer

    • @JoannaElliot
      @JoannaElliot 9 місяців тому

      Best advice i got was to work with a professional and you should too buddy! I'll also recommend Charlotte Thornley...her team is the best! They keep me informed about whatever changes and decisions are made and they are totally transparent with me! Peak professionalism 💯

  • @bryanrisi8828
    @bryanrisi8828 10 місяців тому

    James is your beginners' videos in sequence to start with? If yes please list ,.

  • @meshow4322
    @meshow4322 7 місяців тому

    Have you posted any videos for technical analysis?

  • @IGWEEMEKADAVID
    @IGWEEMEKADAVID Місяць тому

    Can you tell if it's a green candle or a red candle coming out next?

  • @IGWEEMEKADAVID
    @IGWEEMEKADAVID Місяць тому

    When is the right time to buy on a bullish market a to sell on a bullish market also.

  • @relaxwithme786
    @relaxwithme786 Місяць тому

    Im curious how does one make money on red candle sticks if it starts at $4 and drops out at$1 how would you enter and fish in that trade to profit

  • @daviec8529
    @daviec8529 Рік тому

    If the close is higher than the open wouldnt it be the sellers that win ? theyre getting more for their shares.

  • @Mari_Selalu_Berbuat_Kebaikan
    @Mari_Selalu_Berbuat_Kebaikan 2 місяці тому

    Let's always do alot of good

  • @user-jk2qh1jh2y
    @user-jk2qh1jh2y День тому

    Can someone explain it to me. If you’re selling wouldn’t you want the price to go up ?so why did the buyers bring down the price?

  • @Neil05
    @Neil05 Рік тому +1

    video is great for beginners. The 1m chart is just noise so I wouldn't use it as it's useless unusable price action.The 5m,15m,1h,4h,D, and W are the only chart I would use and what the pros I know use. And even then when day trading primarily we really only use 5m,15,D, and nothing else.Also, you should talk a lot more about volume because without volume your price action/reading candles have a lot less importance (e.g fake outs,fake breakouts).I just dont know how to feel about this video, I know its for beginners but candle sticks need a bit more context to be able to actually read charts and discern price action in stock XYZ.But hey you trade gaps I dont so what do I know.

    • @jeff346
      @jeff346 Рік тому

      You trade large caps ?

  • @mohammedishaq7911
    @mohammedishaq7911 4 місяці тому

    What is green and red in Volume bars?

  • @IGWEEMEKADAVID
    @IGWEEMEKADAVID Місяць тому

    How many times can you buy before selling in forex trading?

  • @shmuelmosheharris448
    @shmuelmosheharris448 Місяць тому

    Can someone explain to me why buyers are considered to win when the price closes high and sellers “win” when the price closes low?
    Intuitively I thought we would look at it the opposite way.

  • @campagnahappenings5511
    @campagnahappenings5511 2 місяці тому

    Very well done. Can you tell me if a stock CLOSES at $4 on Monday, doesn't it OPEN at $4 on Tuesday?

  • @rickyhova
    @rickyhova 2 роки тому +2

    🔥🔥🔥🙏🏼🙏🏼🙏🏼

  • @darshanmullins2303
    @darshanmullins2303 2 місяці тому

    Can you put your platform in the
    Description that you are using

  • @butubuta
    @butubuta 4 місяці тому

    I have no idea about this stuff, but why do the buyers need to pull the price up?

  • @ZidaneSteiner
    @ZidaneSteiner 2 роки тому +1

    💯🙌🙌

  • @288theabe
    @288theabe 3 місяці тому

    Why not just call these boxplots like they do in statistics or vice-versa? Or is it another one of those stats things where they need several names for one thing?

  • @orlandonunez6167
    @orlandonunez6167 2 місяці тому

    This right here is where every options trader needs to start. If you can't read charts you can't make money