Author: Al Brooks
Al Brooks, MD, Professional Trader, Author, Lecturer, and Daily Trading Room Presenter
I have been a professional trader since leaving my career as an ophthalmologist more than 30 years ago. I received my MD degree from the University of Chicago. In addition, I have written dozens of scientific papers on eye diseases and eye surgery. Also, I taught at Emory University before opening a practice in Los Angeles.
Futures magazine coined me “the trader’s trader,” and I was one of their technical analysis contributor for many years.
I appreciate my devoted following, and provide live market commentary and daily chart analysis updates at
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What is Trading?
Everybody is familiar with the term “trading”. Most of us have traded in our everyday life, although we may not even know that we have done so. Essentially, everything you buy in a store is trading money for the goods you want.
At tradimo you will learn how to trade the financial markets online – but exactly what is online trading? This article will give you an understanding of how trading can be defined and how online trading works.
The principles of trading
When we talk about trading in the financial markets, it is the same principle. Think about someone who trades shares. What they are actually doing is buying shares (or a small part) of a company. If the value of those shares increases, then they make money by selling them again at a higher price. This is trading. You buy something for one price and sell it again for another — hopefully at a higher price, thus making a profit and vice versa.