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.
Your brother is choosing a great career path and I think you should encourage him.
Trading is highly dignified. In my country Nigeria, there's a sense of respect for those who live on trading and it's little wonder there are high profile traders in the country. Genuine traders, I mean.
Yes, there are a great number of profitable traders who don't do anything else but trade. They make a kill of it. The only problem with trading is that many who go into it don't properly equip themselves with the requisite knowledge and skills for it and they get burnt. They think it's a shortcut to easy wealth but it's not. It requires time, patience and practice to succeed at it. Have a handle on trading, learn it like a professional course by spending time on it; even years like scholars do at college.
One of the positives of trading is that one can trade from anywhere in the world provided there's internet connectivity to one's device. Trading allows one free time and movement while pilling it up with financial freedom.