(EnergyAsia, October 5) — For some, trading is an extreme sport. Risk-taking, especially on other people’s money, is undertaken with a “take no prisoners” approach that ends either in complete victory and the spoils of an empire or in defeat with permanent devastation.   Last month, New York-based hedge fund Amaranth Advisors became the latest…

(EnergyAsia, October 3) — For some, trading is an extreme sport. Risk-taking, especially on other people’s money, is undertaken with a “take no prisoners” approach that ends either in complete victory and the spoils of an empire or in defeat with permanent devastation.   Last month, New York-based hedge fund Amaranth Advisors became the latest…