how hard isit to become a physcial trader?

Started a role in trading support just under 2 months ago. I definitely have hopes of being a physical trader but I also acknowledge that a lot of times it just won't work out. But I definitely want to at least give it a shot. With that said, I am curious if a job at trade support would be beneficial. I would also appreciate advice. Thanks!


For context, I am working in Singapore and I work for the crude oil department. 

 

Not a physical trader and never been in trade support. But I moved to the trading desk from a quant/tech support role, and I'd say that it is beneficial to be in a role that gives you exposure to the desk, that allows the traders to notice your drive and the quality of your deliverables, and that gives you the confidence to indicate your interest as soon as a seat opens up.

 

Yes you can. You need to see how can you add value for the trader and the desk. And I'm not just saying in terms of your roles and responsibilities. By going the extra mile since it will show you are interested as well. Also, if you get the chance to go into Ops for a little while do take it. It will help you learn about pricing windows, nominations window, demurrage, freight rates and your supply chain.

 

Consequuntur est praesentium ipsam. Tempore sapiente sit nobis eveniet sit. Similique et qui accusamus ut dolore. Perferendis asperiores omnis dolor. Qui blanditiis iste numquam dolorem.

Et iste excepturi ea consequuntur sapiente. Incidunt enim dignissimos nobis doloremque cupiditate nihil.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”