LOL yeah ok. You would not be doing credit trading if you had any skills in momentum so stop fooling yourself. Credit trading is rough tiring work, noone would be doing it unless they simply could not handle the risk and challenge of momentum trading or even simple scalping. In reality almost all the credit traders would churn themselves into a deep hole very quickly if the rebates were gone.
Wow, almost 7 years later and a lot of HFTs such as myself find themselves in the same boat now that C is doing a reverse split. It's amazing how much has changed in 7 years -- new regulations, the advent of dark pools and ATS', mid point orders, different platforms and routes, etc. but the same general premise remains the same: buy the bid and sell the offer as much as you can over and over and over again...