|+73||15 Career StepsLongtime reader here, left the biz in 2012. I thought I'd give back and post some good advice that was shared with me by an older mentor when I was younger. Learn it. Use it. Live it. Hope you find it helpful.
<h3>15 CAREER STEPS</h3>
1.) Perception is everything...act as...||IBGYBG||27||1 week 3 days ago|
|+9||Physical Energy Trading And LogisticsMost commodity markets tend to be driven by a few basic factors which are freight on one side, price on the other side and qualities.
Each commodity market has its own particularities. Most of what I will generally talk about applies to oil and the liquids in particular which is a little bit...||Addax||10||3 days 5 hours ago|
|+4||Job Security at Prop Trading (Chicago Based)I have traded for almost two decades in a bank. All those years have been successful. However a lot of the time there is a small income (20 percent of profit) derived from the franchise. Note that I have always made much more money than my franchise.
I have now been offered a job at a...||Boynextdoor||42||2 weeks 3 days ago|
|+4||AMA- Commodity Energy MerchantThey called me the Commodity Merchant, I prefer "relationship manager".
It not just buy low, sell high. It's managing the relationships, structuring the logistics assets and trades from the origin to the destination. We are a regular shipper on the Colonial Pipeline Line 2,...||Addax||2||3 weeks 17 hours ago|
|+3||Top Prop/Hedge Fund Traders Strategies (Discussion)So I've been in the <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/trading-overview">trading</a></span> industry for 6 years now. At some point in the future, I want to transition to prop (I have a strategy)...||mswoonc||13||2 hours 17 min ago|
|+4||Goldman calls of 2016As 2016 draws to a close, it is a good time for reflection on the main happenings of the year. Below are Goldman’s 2016 published- Macro themes and rationale. This is an open thread to discuss the main themes of 2016 and the outlook into 2017.
<h3>Top Trade No. 1: </h3>
Long...||EuRates||4||3 weeks 1 day ago|
|+1||Prop to Bank/FundI'm a discretionary rates trader at a prop firm. My P&L for 2016 was low 6 figures. Talented guys at my firm who have been around longer than me earn mid 6 figures and less than a handful broke the 7 figure mark. I'm talented enough to continue grinding this out going forward...||two.N.twenty||14||48 min 2 sec ago|
|+1||Is it time to dump gold?People say gold is real money while our paper bills are not, because <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-fiat-money">fiat</a></span> money has no intrinsic value. However, in this <a...||Passionate Investor||13||13 hours 41 min ago|
|+1||Becoming an algotraderHi everyone,
A bit of a beginner's question.
I am a current engineering major at a top 10 worldwide school with a very strong interest in finance. I have secured a spring week in <span class='keyword_link'><a...||IsaacB11||13||1 week 4 days ago|
|+1||UNIGE Master of arts in international trading, Commodity finance & shippingHey all!
Current undergrad student at a target in my country with internship experience in commodities <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/trading-overview">trading</a></span>. I am looking at my...||UBC1995||12||3 days 11 hours ago|
|+1||Summer intern: JPM Private Bank v.s Barclays SnTFortunately I got summer intern offers from <span class='keyword_link'><a href="http://www.wallstreetoasis.com/company/jpmorgan-chase">JPM</a></span> private bank and <span class='keyword_link'><a...||barrywwh||10||1 week 1 day ago|
|+1||Australian S&T: Difference between "Retail Big 4" (Westpac, CBA, ANZ, NAB) and Investment Banks?So take these retail banks, known in Aus as the "Big 4 Banks", and their market divisions:...||cataractum||10||5 days 19 hours ago|
|+1||Hedge Fund Trader Risk/Profit QuestionWhat is the average daily VaR of a trader? Senior, junior, etc...?
If a trader has 20mm capital and let's say he is down -3K and he holds on to the position having the conviction that it will eventually go his way and it went down to 5K and hes keep averaging his position, do they care?||mswoonc||8||1 week 49 min ago|
|+1||Am I screwed because I didn`t choose Wharton (Penn CAS)I still no very little about what I want to do whether it`s stock <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/trading-overview">trading</a></span> (that`s what I do now for fun) or w.e but I`m pretty sure I...||CASeconMike||8||3 weeks 6 days ago|
|+1||Citi Global Markets Internship vs Equity Research at Sandford BernsteinSo I have recently received an offer to take on an internship at Sandford Bernstein for <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/equity-research-overview">equity research</a></span> and another offer to do...||Infernus||7||2 weeks 2 days ago|
|+1||*Become a Trader*Hello. New to this forum.
Had a simple question since I am feeling unnecessary pressure from a "peer" of mine. He has the <span class='keyword_link'><a href="http://www.wallstreetoasis.com/cfa-training-free-trial-learn-signal"...||G9999||7||1 day 19 hours ago|
|+1||Citi Markets S&T LondonHi all,
I have a first-round interview for <span class='keyword_link'><a href="http://www.wallstreetoasis.com/company/citigroup">Citi</a></span>'s Markets Analyst program in London next week. I believe they're typically in-person...||allie5271||7||2 days 13 hours ago|
|+1||Seeking advice on Development (Prop Trading)Greetings Monkeys,
I have been hovering around this topic on my own over the past few months, for reasons you will get introduced to further in the post, and have not had much of a chance to discuss it with other people from the industry as I do not really know many Prop Traders outside my...||Voodz||2||4 days 15 hours ago|
|+1||Enlighten me about the Sales and Trading Division Can someone tell me more about getting a job in sales and <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/trading-overview">trading</a></span>? What are the hours like? Can someone get into this job with a...||Standupguy||2||1 week 17 hours ago|
|+2||Do traders all drink alcohol?And is it a prerequisite? I'm passionate about <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/trading-overview">trading</a></span> and I'm a social guy, it's just that getting drunk isn't...||QuadQuality||39||3 weeks 2 days ago|
|0||Oil short term forecast: downHi guys,
Just a shot/medium-term trade idea.
Short Brent - market has been driven by OPEC announcements and future expectations and prices do no fully reflect fundamentals for the moment. Target: $50-$52
(1) Current fundamentals: bad
(2) Expectations: too much?
(3) Sentiment:...||OilTrading.blog||0||3 weeks 3 days ago|