Question:
How to understand the order book?
Answer:
Forget about trying to understand it. Just focus on looking at it. If you can simply observe it, that’s enough for now. Truly understanding it is far more complex you can’t grasp it unless you have full knowledge of how a coin works, how demand and supply operate, how price is determined, how demand is created, and a hundred other things.
But what I’ve said so far is something any person with two eyes can see. And if someone can’t even see that much, they should stay away from trading entirely this is simply not their game.
