"Gamblers need to take more risk in low volatility markets in order to maximize return"
Nowhere is the relationship between risk and volatility more fugazi than in the oil market which as I write is imploding lower. And yet, as we see, this last leg down in oil coincided with a leg DOWN in volatility:
Which just means that gamblers are frogs in boiling water, on the way to being fully cooked. By serial psychopaths...
