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I don't agree with it. And I haven't seen any evidence to support it beyond stories about how it makes it harder for certain kinds of speculators to make a living.

If everybody goes broke together, nobody really goes broke.

Prop/screen traders are no more "real" liquidity than HFT.

At a guess, an abundance of folks betting that it will, for starters.

I've lost track of GS inner workings - is this essentially what they've outsourced to Pico now?

What is driving the requirement for web based?

90% of Americans are 1%ers.

That's backwards. Access to the most base of commodities is what drives the ability to spread your currency in the first place. It starts and ends with energy. The rest is a convenient, generally useful, but derived fiction.

The pound-sterling was the reserve currency (in the context of its times) when coal was king. The dollar became the reserve currency when oil overtook coal in importance. Money doesn't matter.

That's not an insight often seen around here.

In fairness, it wasn't a very good question. Not the least of which is that trading != finance, so it's pretty unclear what you're even looking for. If you had provided details on interests, aptitudes, and education/training, you would be more likely to receive useful replies.

The US is in pretty good shape, IMO, and will weather the extended malaise better than most.

There are plenty of jobs for skilled technical people, software and hardware.

As a retail trader, "at a given point in time" you are buying/selling very low quantities. It's quite a different game when you need to move sufficient quantity that you'd be wiping out half the book if you tried to do it in one fell swoop. The simplistic retail notion of price doesn't hold...

That makes sense. Exchanges are for retail - the real money is elsewhere.

It makes a bunch of assumptions about how prices will move in the future based on how they moved in the past. Then it uses those assumptions to guess. It's wrong, a lot. It's also "right" (in the Price is Right sense) a lot. Use at your own risk.

It was....less than crystal clear that was your point. Apparently, we are in agreement. Cheers.

It's a fine line between an in-house trading signal and internalizing orders. A mighty mighty fine line.

That just does not sound right. Where on earth are the regulators? That's a trainwreck waiting to happen.

Do you want a good system, or do you want a system you can build from "drop down list of chart studies"? Because you can't have both. If you don't want to have to program, you have no choice to but to re-use what others have already regurgitated.