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.
There won't be professional traders in the market if their job is not profitable in the first place. For them, trading is definitely worth it. But for others who have no clear passion in trading, and only sees it as another form of gambling, trading is certainly not real and not worth it. Sometimes, what we think the small things and the most underestimated is what brings the fortune for others.