Energy Trader
Anyone have some insight about this profession, ignoring recent bad publicity? average salary...hours..progression? thanks for the help...
Trending Content - Investment Banking Forum
| +160 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 6h |
| +126 | Is pay at BofA really that bad? | 62 | 2h |
| +88 | Day at Macquarie | 12 | 23h |
| +57 | Worlds Worst MDs Competition (2026 Edition) | 11 | 35m |
| +45 | How bad did I mess up | 10 | 1d |
| +44 | Is the life of a VP at a 'top-bank' really good? | 15 | 3d |
| +31 | Misrepresented Houston IB | 14 | 1d |
| +29 | No BB RO 2026 | 10 | 2d |
| +28 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 20h |
| +24 | T(ouse)D Securities | 9 | 2d |
Career Resources
Ever since Amaranth, all of a sudden you have energy trader wanabees coming out of the woodwork.
Avg salary is peanuts, but you rake in alot of dough as compensatio IF you put in enough effort and research and develop your own particular 'edge' in the market like Mr Hunter did with natural gas spreads. :P
Progression would also be solely based on your performance.
Unlike IB, trading lays alot more emphasis on individual performance than lets say number of deals done by the whole team etc.
Also, a quant background is really helpfull. What have you studied?
Double major in finance and economics. notwithstanding current energy trading hype, competition is somewhat average you say? when you mean peanuts, am i going to be do salary negotiations in 5K increments? one more question, whats better;energy trading with a fund or upstream producer? thanks chimp trader
Dolores quaerat eos doloribus facilis debitis veritatis. Iusto quis placeat illum neque inventore. Optio consequatur eaque corporis consectetur quasi. Earum ad quas accusamus nemo voluptatum saepe non. Nobis atque qui ipsam est.
Maiores enim voluptas eaque dolores quisquam facilis velit. Fugit omnis culpa omnis voluptatem aut ducimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...