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So Maverick, in your opinion, what's the best weapon the daytrader now has? Charts? Is it even worthwhile to daytrade at all with the way automated trading is taking over? For a beginner trader, would you suggest swing trading over day trading? What are your thoughts?

All of this sounds like useful information but if Maverick is correct, it's all for nothing if tape reading is already or soon to be rendered totally ineffective. What exactly makes you think this is so? Automated trading? Introduction of ECN's? Do you still daytrade at all? If so, is it...