The Reason, by Victor Niederhoffer
Of the reason that was the reason that federer almost lost as cervantes would say is that he was concerned and distracted by the play of his beloved swiss soccer team. What other distractions lead to losses in the market?
Jay Pasch comments:
ringing telephones (never again)
a 3-martini lunch (never again)
one's own imagination regarding what one thinks the market is going to do,
delusion (again and again)
Victor Niederhoffer responds:
Romance?
Nick White writes:
Beloveds of any kind, one would imagine. Good natured banter amongst one's associates can take mind off the job. I'm coming to see the Chair's wisdom of no noise, no talking, no intra-day distractions. It really does make a difference. However, it seems to me that perhaps there should be some distinction between "on" and "off" modes. When on, full noise / distraction lockdown. When off…well, game on. Like a firestation or military on alert.
Marion Dreyfus comments:
Safety issues
If one is immobilized by concerns about the outside world such as familial well being, adverse weather or unsafe streets, one cannot be free to fully concentrate
Indeed it becomes a juggling act–which concern will prevail?