### Comment:
Have you seen some of the dumb trades posted? Who wouldn't want to take the other side and provide us liquidity?

### REPLY:
I mean sure I see that too, but that isn't what is happening here.  Its not that they want to take the other side, its that whether our trade is win or loose HFT scalps so much money by basically rent-seeking on liquidity that it doesn't matter if we are all Warren Buffet, they will scalp enough liquidity rent from us that they still win even if they are paying us – which is pretty crazy to think about.

### END.