institution and small players

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Some markets have much more institution players than small players. Others have quite a lot novices. Do you think we need different methods to handle this difference?

Anyone know where can I find data about different types of players in different markets?
 
I was wondering something along those lines also. I have heard that the S&P market has lots of professional traders, and institutions. Does that make it tougher to start out in? Should you start in stocks, even though the S&P is more efficient? And with all the pros in this market, do certain strategies and indicators not work as well, or even better?
 
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