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.
Firstly, one very sure thing I have to tell you about trading is that trading involves huge risk, you can even loose the entire money used in trading and can equally make huge amount of money but this is when you know and understand the the market behavior , fundamentals and technical analysis properly with risk management and avoid being greedy in the market.
These things are what you have to take home and ask your brother if he's aware of all this stuff because he is going into an unpredictable market that is volatile.