3) People constantly want higher ratelimits.
But not all orders are the same.
The core metric here: $ volume per order sent. In other words, how efficient are your orders?
5) So, one note is that some takers have fewer orders per trade, which makes sense.
But even when selecting for liquidity providers, there's a huge range.
Some customers are 75x more efficient than others!
5) Anyway...
So what about the other mistake?
Well, let's say you want to provide liquidity. A common strategy is:
Send a bid 0.20% below the best bid, and an offer 0.20% above the best offer.