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.
One thing for sure trading is really worth the time. But also trading requires knowledge so you need to learn all the candles, when to take profit and when to stop loss. Once you have some knowledge in trading i am so sure that it can give you everyday a profit, but always remind that there are some losses aswell so ready your emotions with that. My friend do trading full time and right now i can say he is financially secured.
And also buying low and sell high is one of the term that traders use for new traders, sounds easy but i swear its really more than what you think.