Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.
I've used to read experts' discussions, papers, books and the like, but I find no such stuff on trading. It's a very vague term anyway. Are there really people who just "buy low and sell high", making a living by just doing that? I can't comprehend how can a person seriously make a living by something that looks complete gambling, instead of providing goods, services, work etc.