listen we agree that we as traders we have to adapt to mkt changing conditions and eventually lower volatility, but i have a problem with your statement: ' i prefer low volatility'; that means if ym has either a 400 points ranges or 30 to u it dont make any difference, or on the contrary, u are more comfy with lesser ranges, suggesting u cant capitalize on high vola and not the other way around. or are u implying u can squeeze 10 times the daily range? ror.