[torero]

Well, one man's treasure is another's man trash. But don't diss the ER2 just cause it's volatile. Daytraders breathe and thrive on volatility and it suits me just fine. The slippage is never that bad from my experience, worse is 3 ticks when the market was just wild ie. a major surprise fed news, but most of the the time is 1 tick. But the cherry is you get the bang for the buck. But that's just me.

Back to the topic at hand, I agree with the list completely in every way and I'll add a few more:

1) Bang for the buck. You make 1-3 trades a day and can make as much as the multiple stock juggling stocktraders do.
2) Less stressful, only need to follow 3 eminis max if you so desire instead keep up with 5-10 holdings everyday.
3) Don't have to follow the indices and sectors, eminis ARE the indices. Stocktraders constantly have to follow the cues from the indices to track their positions. That means more eyes to follow all these charts.
4) Less investment in hardware and software cost. I used to have 3 PCs with 3 monitors, now only 1. Used for have 4 charting services, now 1, another as backup and it's free.
5) NO gaps to deal with, market always open. Terrorists attacked London underground early hours of the morning, if you wanted to, could be out in minutes and not wait until open and dump the stocks along with panicking crowd.
6) NO market makers, no games.
7) NO routing decisions to make: "ECN? ARCA? REDBOOK????? Oh man, could have gotten a better fill with ARCA!" Geez, Louise.

I'm sure there are more intangibles I haven't mentioned but it certainly has made my trading and personal life much easier to live.