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.
I have shared my techniques on 4 continents, lectured on advanced scalping techniques at the Chicago Mercantile Exchange, regularly speak at MoneyShow and TradersExpo conferences, and have taught tens of thousands of traders how to trade. My books have been translated into many languages, and my Brooks Trading Course is being translated as well.
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?
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
The term “trading” simply means “exchanging one item for another”. We usually understand this to be the exchanging of goods for money or in other words, simply buying something.
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.