WEBVTT 00:00:01.300 --> 00:00:04.945 Once you can find a market and read its chart, you can 00:00:04.945 --> 00:00:08.591 begin comparing the clues around it. Start with the price and the 00:00:08.591 --> 00:00:12.236 percentage change shown in Coin Universe. A positive percentage describes an increase 00:00:12.236 --> 00:00:15.882 over the stated comparison period; a negative percentage describes a decrease. Neither 00:00:15.882 --> 00:00:19.527 tells you what your own account earned unless you connect it to 00:00:19.527 --> 00:00:21.350 your actual position and its history. 00:00:21.850 --> 00:00:25.734 The row's percentage is a twenty-four-hour market change. That is different from 00:00:25.734 --> 00:00:29.619 your position's result since its entry, and different again from a short 00:00:29.619 --> 00:00:33.503 section you zoomed into on the chart. Before comparing two percentages, name 00:00:33.503 --> 00:00:37.388 what each measures. Otherwise, you can put accurate numbers side by side 00:00:37.388 --> 00:00:40.625 and still reach an inaccurate conclusion about what they mean. 00:00:41.125 --> 00:00:44.906 The row can also show trading volume. The asset quantity and its 00:00:44.906 --> 00:00:48.687 dollar-denominated value use different units. Read the labels instead of comparing the 00:00:48.687 --> 00:00:52.468 bare numbers. A large volume number does not mean that amount belongs 00:00:52.468 --> 00:00:56.249 to you, and a dash can mean that a usable value is 00:00:56.249 --> 00:01:00.030 not being displayed. Do not quietly replace a missing value with zero 00:01:00.030 --> 00:01:00.975 in your notes. 00:01:01.475 --> 00:01:05.145 Use the ranking as another clue, not a verdict. A market can 00:01:05.145 --> 00:01:08.816 appear high in a volume-based list and lower in another ranking because 00:01:08.816 --> 00:01:12.486 the lists ask different questions. Likewise, a Trending label tells you about 00:01:12.486 --> 00:01:16.156 the category being presented, not that a purchase has been approved. Keep 00:01:16.156 --> 00:01:19.827 the selected ranking beside your observation so you can explain why that 00:01:19.827 --> 00:01:21.050 market caught your attention. 00:01:21.550 --> 00:01:25.426 Where the news ticker is available, read the item and its source 00:01:25.426 --> 00:01:29.302 label. The current feed can include trending information and Coinbase service-status information. 00:01:29.302 --> 00:01:33.177 A trending item and a service-status report are not the same kind 00:01:33.177 --> 00:01:37.053 of news. One concerns attention around a market; the other may concern 00:01:37.053 --> 00:01:40.929 the operation of a service. Do not combine them into a single 00:01:40.929 --> 00:01:41.575 buy-or-sell signal. 00:01:42.075 --> 00:01:45.604 A ticker symbol link can open that pair's Coinbase market page outside 00:01:45.604 --> 00:01:49.134 TraderLobby. It is not an internal chart tab or a completed order. 00:01:49.134 --> 00:01:52.663 You do not have to follow it for this lesson. If you 00:01:52.663 --> 00:01:56.193 do follow an external link later, recognize the destination and its separate 00:01:56.193 --> 00:01:59.722 account context before taking any action. A link is a route to 00:01:59.722 --> 00:02:02.075 inspect, not a reason to enter credentials automatically. 00:02:02.575 --> 00:02:06.282 Check timing as carefully as content. The fact that a ticker item 00:02:06.282 --> 00:02:09.990 is moving across the screen does not prove the underlying report is 00:02:09.990 --> 00:02:13.697 new. The Paper market list has its own delay label, and chart 00:02:13.697 --> 00:02:17.405 points have their own timestamps. If you cannot establish a report's publication 00:02:17.405 --> 00:02:21.112 time or current relevance from the information provided, describe that timing as 00:02:21.112 --> 00:02:23.275 unverified rather than calling it breaking news. 00:02:23.775 --> 00:02:27.446 Finish by writing an observation with its limits: this pair showed this 00:02:27.446 --> 00:02:31.118 market change in this view, this ranking was selected, and this source 00:02:31.118 --> 00:02:34.789 or timing label was available. Then add what you still do not 00:02:34.789 --> 00:02:38.461 know. That is not a weak research note. It keeps visible evidence 00:02:38.461 --> 00:02:42.132 separate from assumptions, which is exactly what you need before moving to 00:02:42.132 --> 00:02:43.050 the candidate panel.