I've long belived in efficient markets and I thought it was proven case-closed that active trading was a suckers game; like alchemists trying to make gold. In the carnage of this past month, I came across a situation that appeared to be a free lunch in the market that shouldn't have been there. It was a low-risk way to squeeze out a couple percent per week. And, it appeared to be obvious and fairly easy. I think this situation still exists, though the profit should be much lower as markets stabilize. I am continuing my active trading pursuit on the premise that it is possible, which is exciting considering that I am indoctrinated with the academic viewpoint of efficient markets. I have my own non-trading-related business which takes a few hours a day and earns me a low 6 figure income. This combined with frugal living and passive investing is how I have saved up. I don't enjoy my business, and feel tied down; though the money is great so I'm not really complaining. I just thought I'd post this introduction to those on elitetrader, many of whom seem to be profitable active traders (something I didn't believe could exist only a few weeks ago).