how do you read the depth charts in trading software?
My attached picture shows the current price as the mid price and then there is the buy and sell sides.
The column on the left is the sellers and the right being the buyers.
So in the example, does it mean there are more buys willing to buy at higher prices? Or are the buyers on the right actually short positions waiting to be closed at higher prices?
How do you take advantage of these depth charts to trade?