I am knackered. I feel as tired as I did when I was revising for my CFA exams. I had never done two weeks’ concentrated work before, and it was totally exhausting. At the moment, I am learning a huge amount and having my emotions pushed around by the markets, and it’s surprising how physically tiring it is.
Shortly before I left Sand Aire, I met a man who was setting up a quantitative hedge fund. When I asked him why he wasn’t using people instead of computers to manage the money, he said, “People burn out.” He had managed macro traders and I think been a trader himself, and talked about how emotionally draining the game is.
I need to learn to deal with this if I am to be successful.