Why I Use Candlestick Analysis (Day Trading for Beginners)
ฝัง
- เผยแพร่เมื่อ 10 ก.พ. 2025
- When you are just getting started in the stock market and looking to make money online trading stocks, it can be very overwhelming. There are so many tools, systems, strategies, etc. to choose from, which one actually works and will make you money? I've been trading since 2006 and I want to share with you my favorite analysis tool I believe you should be using: candlesticks. Let me show you just how powerful this tool can be and all the data it contains. When it comes to learning how to be successful and consistently profitable as a trader, you need to be making good decisions towards the stocks you are about to trade. You need as much information as possible and candlesticks provide you with an abundance of data in a very small amount of time, especially when compare to a line chart. If you are brand new to the stock market and a beginner at trading, let's do some learning.
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Haven’t seen a candlestick video so easily explained and understandable. Thank you for showing us this great live role play demonstration
Glad it could help.
Can i get ur whatsup sir
agree!
finally i understand how candle stick work after watching 4 videos from other bloggers. thank you for putting the effort and making people understand in simple words.
Glad it was helpful!
This video is great. I’ve started to learn how to trade the past few weeks and don’t know all the terminology yet but the way you conveyed the information in this video was super simple and easy to follow.
Thanks for watching!
Steven Lawson thanks I’ll look at that. I’m definitely still a long way from investing
@@deciphertruth3018 I'd encourage you to sign up for my (free) class claytrader.com/1-hour-trader-transformation/
Let’s get straight to it. This guys has an amazing explanation. He even uses LIVE recordings and uses basic terms. Much respect man. I love your videos. You deserve every reward you get. God bless
You brother👍
Glad you enjoyed!
I have been searching for candlestick videos for quite sometime, this is the best so far. 👍
Glad it was helpful!
These are awesome. I am SO glad I found you, Clay. I am just starting out. I know next to nothing and these super basic videos are what I need right now.
Sign up for my (free) class here claytrader.com/1-hour-trader-transformation/
That was REALLY well explained. I had listened (or tried to) to other people explain it and was starting to think I was too stupid to understand them. Great job.
Glad it helped!
Oh my goodness what a fantastic video, i am so grateful that you put this out there. I am a beginner with a full plate already so i need a bit of patient, detailed teaching , clear , concise with plenty of examples. Boy you hit the mark man . Thank you truly!!
Thanks for watching!
I have watched a number of learning videos on stock trading, my opinion is that you are smooth with you explanation. You make it all seem like a piece of cake.
Thanks for the feedback. Glad you enjoyed!
Probably the best video tutorial on candle charts on TH-cam right now. Hands down. Thanks.
Thanks for watching!
Hey Clay. My name is Anton and I am from Michigan, I just wanted to thank you so much for these videos man. today I learned about shorting a stock and short squeezing. I have always had a hard time taking in info , but you make so clear. thank you bro.
Glad to hear it!
I have been using the lines before you was born and it still working tells me when it go uptrend and downtrend but the candlesticks works too repeats same patterns just have to a bigger research on the charts I love the J Pattern that’s when the price action is going up skyrocket see candlesticks climbing up but you have to stop before it goes far up because it’s coming a downtrend you need to stop early so you could sell your stocks before loosing money when it goes downtrend. Just like I say I do love the lines it tells me when it goes uptrend and then downtrend. Candlesticks analysis are great but sometimes it fools you, you believe it’s going up then it goes down same the other way you think it’s going down and then it goes up , I always stick with my lines one monitor and other monitor with candlesticks same stock when I am investing my money to cut down my risks. Excellent video for the beginners thank you Clay
Cheers! Thanks for commenting!
This was my third video of yours that I watched. Immediately subscribed. Your explanations are clear and very well broken down. And the repetition is necessary. As a positive, you repeat yourself in a way that it’s still presented slightly different, so it doesn’t feel like a broken record. Even though your focus was on the candlesticks themselves, the explanation of the breakthrough line also introduced chart history analysis and got me looking at the intervals of the chart/trends, which helped me learn another way to make informative decisions. Thank you for explaining, and giving me the confidence I need to get into trading. I can only afford to start small. But hey, nothing wrong with that.
Thanks for the feedback! Glad you're enjoying!
I've been considering trying my hand as a day trader. Your videos have helped give me confidence I can be profitable. I didn't know anything and your videos have me most of the info I need. Thank you kindly Clay 😊
You are under the wrong impression Mark... be warned...
@@claytrader I'm not sure what you mean by this could you elaborate?
@@markwinsor9835 all of my videos are very "surface deep"... the "full picture" information and teachings are found within my courses.
@@claytrader that makes sense your videos are not my only source of information, but I have been curious about your course I will have to give it a go.
@@markwinsor9835 cheers
Hi Clay. I'm a long-term investor, but was always curious about candlesticks. Thank you! ...and keep taking the right pill! :)
Will do!
i started watching you videos this week and i cant stop! i like the way you really try to help and understand everything. keep it up! :)
Glad you like them!
Thank you Clay for all you do for the little guy.
And thank you for watching!
Clay I really like your teaching style and how you show LIVE action of the candlesticks forming. I find it easier to understand. Thank you sir! I just subbed!
Awesome, thank you!
I checked out several vids and by far, this was the easiest to understand. Keep the intro videos coming for us rookies...Mahalo/Aloha! Cheers, J
Glad it helped
Hey man, I just started trading and I've been binge watching your videos, very helpful! keep making these...SUBSCRIBED
Welcome aboard!
I am relatively new in your channel but with every video, I always learn something new, apply it in my trading and increase my earnings. Thank you so much Clay and regards from Italy.
Thanks for watching!
Hello. I can now add a check mark on my “understand how candlesticks work” task. I’m going to try to keep learning more concepts from you. Gracias.
Glad it was helpful!
Thank you so much!! I’m a beginner to this world and you have been a God send with the simple explanations. I really appreciate the time invested into these videos, I LOVE THEM!
Glad it was helpful!
If you don't mind, would love to know your progress !!
First Video that actually MADE SENSE THANK U!!!!!
Happy to help!
Just started trading a couple of weeks ago, and this was one of the single most helpful videos to help with my strategy! Thanks!
Glad it could help!
Haha I had the Matrix layout for my Myspace page. Good information and good videos. I am considering joining your group. I have been trading for 4 months but am sitting back and watching for a few weeks as I learn more. Lots of paper trades. Without knowledge I might as well go to the casino.
Cheers Sane!
completely new explain for candlestick, easy to understand and predict to make decision.
Thanks for watching
Candlestick charting, & the interpretation of them is an art form! As an intermediate technical trader I love these charts and use them everyday....Homma was a genius to develop these back in Dojima, & there is an interesting story read aloud about the first organized use of futures at The Plutarch Project channel...great stuff.
Clay I wanted to thank you for all the valuable content you consistently provide, and your introduction of futures through your YT courses saved me so much time getting started!
God bless you friend, & good trading.
Thanks for watching (and for the feedback!)
Excellent method, Clay. Very didactical and this is quite accessible to us, newcomers to the "hobby". Cheers and thanks
Glad you enjoyed it
I like the way you explain things. I personally use bar charts. Just what makes sense to me. Also been around since the late 1700's. Can't imagine using a line chart for day trading. However it is a good at a quick glance chart. Great video, thank you!
Good stuff!
thank you once again Sir for this very comprehensive lesson. I'm switching to candlestick.
You are welcome!
Easily explained! Best video for learning candlesticks!
Glad it was helpful!
I really like your videos Clay. You are teaching not trying to seem cool and try to get my money like other trading videos.
Thank Kevin!
You are a good teacher Clay. So easy to follow. I learn so much off of you.
I appreciate that!
the best example explained by the best teacher on youtube ! so glad to be in your channel, i m sure that there s plenty more on the private community, i ll absolutely gonna join it after making some $$ (if i make more wins lol)
Watch this (your logic is backwards) claytrader.com/videos/the-surgeons-dilemma/
Great upload Clay, really well demonstrated. I really enjoy watching your videos and looks like you had a great '3 wick rejection' to the downside going on there, nice. I have to say that the 3 wick rejection' strategy is a simple (so perfect for novices out there) yet stunning strategy to utilise, and is very simple for anyone to backtest. This strategy works very well on the lower time frames (1 min - 15 min) for me especially, and can be modified to add more rules. Vamos!
Glad you enjoyed it
This was really helpful, in gaining knowledge about trading and understanding how to read charts.... Next goal for me... understanding patterns
...
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
Hi Clay, this video is "Excellently" presented. Brief, clear & easy to understand. Looking 4ward for more great stuff from U. Cheersze. 👌😄
Thanks for watching!
Fantastic video Clay! Keep making more vids and keep them simple...it really helped my 14 year old understand the candlesticks!!!
Thanks, will do!
Hi Clay, this is my ~3rd video I've watched of yours. Good basic information for me thus far.
Glad you enjoyed it!
I've searched for a good explanation of candlesticks for a week now. I've looked at videos, read articles, even looked at images. None were as clear as this. The difference? This video was the FIRST TIME I learned what the top/bottom of the wick meant. thx
Glad it could help!
I'm hooked. Will start watching more and more of your videos
Glad you like them!
This is such an awesome video. I learned a shit ton of new stuff. I like your teaching style
I'd encourage you to sign up for my (free) class I offer here claytrader.com/1-hour-trader-transformation/
Bro! Love all the info ur giving out!!👍👍 Been. Messing around with a few stocks and following a few people but you make it sound normal not like your building a freaking rocket!! Keep it up!! Thanks!!🤘🤘🤘🤘🤘👍👍👍
Thanks for watching!
Clay, you have the best learning videos sir! thank you
Glad you like them!
Love your videos. Good stuff. I recently quit my job for options trading. I have experience I lost 60k and went back to basics. Even got some training. But now have been doing very well. I’m far surpassing my original outline of goals and hope this continues. W that said. I say trade using the lines. I click over to sticks for volume. But besides that, your line is better imo. No one will say that, no one uses that. But it’ll give you a better long term personality of your options portfolio you trade. In my opinion.
We'll have to agree to disagree.... I believe candlesticks to be way more powerful than a line chart.
Thanks, I am now watching this a second time. I am a very visual learner and I really need to understand what I am looking at.
Glad it could help.
Hate candlestick charts, so much noise and false signals, much better renko, 3 line break or kagi of course if you know how to use 'em?
You looking at the mess, candlestick chart most of time waste of time. Use renko, kagi or three line break instead, believe me, much better.
Thank you for explaining this, i finally understand! I have been trying to figure this out for awhile 🤔😅.
Great!
I really liked the way you are explaining things. So clear and easy to understand
Glad it was helpful!
Thank you Clay for taking the time to make these videos. You make the content very relatable and easy to understand.
Glad you like them!
The best explanatory video I’ve ever seen. Thanks 🙏🏾
Cheers!
@@claytrader I’m having issues finding the right stock broker to use tho. I don’t know if you have some recommendations
@@stephandempsey3819 here ya go: a.webull.com/i/ClayTrader
Thanks for explaining things in laymen terms. Easily understandable. Subscribed!
Happy to help!
Finally good understanding.
Glad to hear!
great job, thanx. see you at the top!
Cheers
I understand the Candlesticks much better, now. Great Job!
Thanks for watching
Thanks! I appreciate it
Glad it helped!
Thank you for making it easy. Looking forward to learning the next step how to understand those patterns.
You’re welcome 😊
Excerllent help as usual I hopefully get there in the end hoping for my son to take a high interest in the stocks and share route
You can do it!
@@claytrader not clever enough thank you
@@colingreenway9765 don't need to be clever
Whatched every minute, and yes, you did a great job
Thanks
very clear information....thanks
Glad it was helpful!
Why do some candlesticks have an 'open' price that is different from the previous minute's 'close' price? Is it simply because of the price changing in like a fraction of a second?
Yup!
Exactly what I was thinking. Thanks for asking😄
@Steven Lawson I'll take the time to appreciate this comment. Thank you
Steven Lawson I got high reading that lol ty
@Steven Lawson nah just means i liked what i read
loving it ! can you do a video what candlestick patterns are IMPORTANT FOR you when day trading...? thanks
All of that is here claytrader.com/takecontrol/
Awesomely clear. Great job!
Thank you!
Very very helpful! Thanks
Glad it was helpful!
Great video! I learned a lot by watching your explanation LIVE! Thank you
Glad it was helpful!
Thanks! Great video. You earned another candlestick convert.
Glad it helped!
You are the best , thanks for all the help !!
Happy to help!
Great Vid Clay. I started with candlesticks because I researched a lot prior to trading. Did that help me be successful? At first no, however once I REALLY learned sticks, RSI and volume candles (red/green). This video is VERY important for training new people to the market. I'd like you to explain in a video why the open of a 5 minute candle closes red, yet volume is green, and why the RSI moves higher during that 5 minutes too. :) Then visa-versa
Thanks for the thoughts
THIS VIDEO IS SOOOO HELPFUL!!
ps: you were not annoying in anyway!!!
Glad you enjoyed!
Well explained cray, it was so easy for me to understand. Thank you so much and keep with the videos please.
Glad it was helpful!
I would be grateful if you could do a video on trading short. Start to end process, preferably with an example .
@@jameulkarim4879 here ya go claytrader.com/videos/how-do-you-make-money-shorting-a-stock-ill-try-to-explain/
Love your videos clay as a beginner
Thanks for watching!
Thanks for the awesome work you're doing. Keep it up!! Thanks!!
Thanks, will do!
This is definitely helping me understand the candlesticks.
Great!
Thank you for explaining this!
Glad it was helpful!
Clay - this is great stuff. Thanks for the awesome work that you're doing.
Thanks for watching
Excellent explanation. Learned so much...Doesn’t look alien to me now 😬
Glad it helped
14:45 was the greatest timing to show the importance of this 🤣
Cheers
And this is the stuff you should binge watch while you're quarantined. Live, learn and profit.
I agree with that!
Great video.
I have got to start using these things!
Yes you do!
Great videos!! I'm a big fan of Ross, but recently discovered you and liking your videos as well. Plus I'm in the Flint area.
small world!
Awesome video! Keep them coming! Thank you!
Thanks! Will do!
Please keep making these types of videos Clay. Thank you!
Thanks for watching
Awesome vid - very clear explanation- would u recommend to look at candle stick graphs by 1 min or daily or weekly chart to make an informative decision- thanks
if you're interested in "talking stocks/trading in general", that's the entire idea behind my private trading community (which you are welcomed to join) which you can find here claytrader.com/team/
Thank you for the proper explanation!
Glad it was helpful!
Very fundamental and explained very well
Thanks!
Amazing video! Thank you. If the stock price had broken that line of resistance you drew would you have bought the stock? Just wondering how you’d use this information.
I get into more of that here claytrader.com/takecontrol/
Very succinct. I appreciate the vids, looking to start shorting soon. 👍🏼
Glad it was helpful!
Very good exanation. Thank you. You are changing the way I trade.
Question, what time period do you normally use when you are trading?
Here ya go claytrader.com/videos/trading-computer-my-day-trading-monitor-setup-explained-how-to-guide/
@@claytrader
Thank you for the video. Defently something I will considered.
After watching the other video about VWAP, I tried to setup. But I do not know what interval to use, or how to distinguish the difference when I'm looking at the 1 min or the 5 min chart.
Do you have a video that covers this questions.
Thank you again for the support.
@@williamrosales2265 Thanks for suggestion! Those videos already all exist here claytrader.com/takecontrol
Awesome content thank you! Maybe do some more futures videos
I have a free Futures class here claytrader.com/video/futures-trading-101/
Nice one Clay !!!
Yes please more like these , I'm completely new to this and want to learn as much as possible!!
You are very good at explaining information at a easy to understand manor too . Wicked .
Mate what trading platform are you using there ?
I would like to see some live candlestick action, to use for learning .
Here ya go claytrader.com/resources/
Hi. Great videos. Question. PC vs Apple. Lenovo vs MacBook Pro / iMac?
Whatever you like best.
Thank you for this video. It was very helpful.
Glad it was helpful!
So easy to understand! keep up these videos
Happy to hear that!
Very good!! Helped so much
Glad to hear!
Lets go candle sticks, great job, thank you!!!
Cheers
Nice one thanks and waiting for more. 👌
Cheers
Thats a very good video and well explained
Glad you liked it!
Excellent video. Thanks clay
Thanks for watching
Great job as usual!
I appreciate that
Really amazing content
Glad you enjoyed!