24 hour volume explained | Coinbase Pro - GDAX

deeplizard · Beginner ·📐 ML Fundamentals ·8y ago
Let's examine the 24 hour volume listed on GDAX. By the end of this video, we will see that there is something mysterious about the displayed value. We know that volume is the total number of units traded for any given asset during a particular period. When we see a volume number for Bitcoin for example, we need to know more than just the number. We need to have context around the number. We need to know when and where the volume occurred. We learned how to read the volume bars on GDAX over different time periods. The selected time period on the price chart gave us the when and the fact that we are on GDAX gave us the where. 🕒🦎 VIDEO SECTIONS 🦎🕒 00:00 Welcome to DEEPLIZARD - Go to deeplizard.com for learning resources 00:30 Help deeplizard add video timestamps - See example in the description 07:52 Collective Intelligence and the DEEPLIZARD HIVEMIND 💥🦎 DEEPLIZARD COMMUNITY RESOURCES 🦎💥 👋 Hey, we're Chris and Mandy, the creators of deeplizard! 👉 Check out the website for more learning material: 🔗 https://deeplizard.com 💻 ENROLL TO GET DOWNLOAD ACCESS TO CODE FILES 🔗 https://deeplizard.com/resources 🧠 Support collective intelligence, join the deeplizard hivemind: 🔗 https://deeplizard.com/hivemind 🧠 Use code DEEPLIZARD at checkout to receive 15% off your first Neurohacker order 👉 Use your receipt from Neurohacker to get a discount on deeplizard courses 🔗 https://neurohacker.com/shop?rfsn=6488344.d171c6 👀 CHECK OUT OUR VLOG: 🔗 https://youtube.com/deeplizardvlog ❤️🦎 Special thanks to the following polymaths of the deeplizard hivemind: Tammy Mano Prime Ling Li 🚀 Boost collective intelligence by sharing this video on social media! 👀 Follow deeplizard: Our vlog: https://youtube.com/deeplizardvlog Facebook: https://facebook.com/deeplizard Instagram: https://instagram.com/deeplizard Twitter: https://twitter.com/deeplizard Patreon: https://patreon.com/deeplizard YouTube: https://youtube.com/deeplizard 🎓 Deep Learning with deeplizard: De
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20 Coinbase's Trading Platform | Previously known as GDAX
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38 Stop Order on Coinbase Pro - GDAX | What the WARNINGS Mean
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39 Market price vs Last price | Trading concept to know
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40 Stop Order on Coinbase Pro - GDAX | How it is ACTIVATED
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41 Stop-limit order | How to set the limit | Coinbase Pro - GDAX
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42 Flash CRASH Part 1 | ETH/USD currency pair traded at $0.10
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44 Flash CRASH Part 2 | How did Coinbase Respond?
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46 Buy side stop-limit order | Triggering under the market price
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47 What is an order book?
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53 #1 Order types and parameters | Trading on Coinbase Pro - GDAX
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AI Lesson Summary ✦ V3 skills 🛠 Hands-on

This video teaches viewers how to understand and interpret the 24 hour volume on GDAX, including the context and meaning behind the displayed value. By the end of the video, viewers will be able to read volume bars on GDAX and understand the basics of trading volume.

Key Takeaways
  1. Understand the definition of volume and its importance in trading
  2. Learn how to read volume bars on GDAX
  3. Understand the context of trading volume, including the time period and exchange
💡 The 24 hour volume on GDAX is not just a simple number, but rather a complex metric that requires context and understanding to interpret correctly.

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Welcome to DEEPLIZARD - Go to deeplizard.com for learning resources
0:30 Help deeplizard add video timestamps - See example in the description
7:52 Collective Intelligence and the DEEPLIZARD HIVEMIND
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