It's the other way around. Retail flow is uninformed. Many crossing opportunities as well. It's extremely valuable to hft folks. On the other hand if you're tr

It's the other way around. Retail flow is uninformed. Many crossing opportunities as well. It's extremely valuable to hft folks. On the other hand if you're trading against a hedge fund... You don't know what info they have. You also don't know when they'll stop buying or selling. Their orders could come across multiple days. You don't want to touch that stuff