Energy Trader Route
Hello everyone,
I am a recent grad with an Economics and Finance degree. I am new to the energy industry, but so far I am really enjoying it and want to go down this path as a career. Right now I have a natural gas scheduling internship that will most likely end in August. My main goal is to become a trader, but I am not sure the best way to get there. I am located on the east coast so I am considering applying to companies in Houston, but am open to relocating anywhere. Should I continue looking for scheduling positions or should I apply to trading programs or risk management positions? Any advice is appreciated. Also if anyone has any recommendations for companies to apply to, I would appreciate it because I am not too familiar with all the companies in the industry.
Thanks!
PM me
I would but I just joined today so I have to wait two days until I can PM haha.
all of the above... good job on landing that internship... what region are you focused on?
Do you mean the region I schedule in or where I'm looking for a job? I am beginning to schedule for the midatlantic and I am open to relocating anywhere to be honest.
I'm an Ag trader, not energy, but from what I understand most of the majors promote their traders from scheduling/back office roles versus hiring direct. So if you have a scheduling internship you're probably on the right track. Someone feel free to correct me if I'm wrong.
agree 100%...
i did risk-schl-trading
Well the thing is where im scheduling is a small utility so I don't think I can break into a majors trading floor unless I move over there to a scheduling/risk position first. btw im Bull52
looking to break into large energy trading firm (Originally Posted: 03/15/2010)
I am looking to break into a large energy or metals firm. I currently work for a small CTA as a discretionary trader and I trade multiple markets. I was curious if you guys can help me out with my resume and give me some suggestions.
Thank you!
http://www.razume.com/documents/14207
Objective: Obtain a position at a prestigious firm to utilize my ingenuity and further my skills trading energy or metals markets.
NO SHIT. Who is going to want a position at a piece-of-shit firm where their ingenuity is repressed and they are not allowed to further their skills? Delete this it is redundant, obvious, and no one puts it anymore.
Hobbies: Meditation, philosophy, exercising, finance, technology, reading
Really? If I was reading your resume before an interview I would be expecting a cross between Buddha, Confucius, and the IT guy that likes to read the WSJ to walk through the door.
Your experience is not bad, but as far as fit goes I would say that you definitely need to change things around a bit if you want to get on any trading desk that I've ever been on.
rooster: The funny thing is that your interpretation of my hobbies is the kind of guy that I am, you nailed it.
I appreciate your honesty.
Anyone else want to tear this apart or give some more feedback? I am ready :)
One more, thing, what would you guys recommend to help show my fit for an energy trading position?
Thanks
remove objective or reword it
trade energy ETFs?
organize your experience a bit better with dates for each position
How to Be an Energy Trader - eHow (Originally Posted: 10/13/2010)
How to Be an Energy Trader By an eHow Contributor I want to do this! What's This? Energy trading has become one of the fastest paced and most lucrative emerging financial professions on the market. In just a few years since the days of heavy government regulation, the field has been flooded with opportunity and, of course, money. If you want to get a job or start a career as an energy trader follow these steps. Difficulty: Challenging Instructions 1 Get some background in the field. Energy trading is moving so fast and there is such a growing need for skilled traders that you only need some kind of background in energy or business to get a job. Some energy traders come to the field fresh out of business school while others get their training working on the ground for gas pipeline companies. Some others come from meteorology and classic trading. Get some kind of footing in energy or trading to start your energy trader career.
2 Get a job with a firm. All over the US, energy trading firms are shooting up in the wake of defunct energy behemoths like Enron. These newer firms, while still quite large, are nimble, smart and hungry for talent. Check out companies like Houston's Reliant Energy or Axia Energy. Starting with an energy firm is a great way to get into the business and cut a set of sharp business teeth.
3 Learn to interpret energy signs quickly. One of the most important characteristics of an energy trader is being able to quickly interpret important indicators, such as impending weather, for the energy market. Being able to make split second decisions about what a heat wave in Texas might do to energy supply and demand makes the difference in beating out your competitors to a good price.
4 Further your education. While being an energy trader is far more than just a job, if you really want to launch a career and advance to the upper echelons of the industry you should consider some specific programs. The University of Texas runs an Energy Finance program that educates students to become, among other things, energy traders. Similarly, Rice University's Executive Education program offers special course tracks in energy trading.
Thanks for the tips.
Tear it up guys, looking to transition into Energy Trading (Originally Posted: 01/11/2012)
http://www.razume.com/documents/23877
Fellow Primates,
I am new to the site but in the short time I have been here I have discovered a wealth of knowledge along with the occasional laugh. I have a bachelors in finance and I am currently working as Sr. Credit Analyst for an oil and gas service company. (Think Baker Hughes, Halliburton). I am looking to get into energy trading and I am trying to prep my resume towards a entry level position in that sector. Please provide any type of feedback or advice, don't worry I can take it. Thanks in advance guys.
Whoa, holy format batman! I agree with SB.
Thanks for the feedback guys, back to the drawing board. Anyway to overcome the lack of industry experience on the resume?
Id get in touch with Monty09 - he is pretty much the king of energy on this forum. Hell be able to tell you all you need to know.
http://www.wallstreetoasis.com/user/3636
Thanks again Seabird, I sent a message to Monty. He seems like a very well informed person and someone that can definitely be of help.
http://www.razume.com/documents/23895
I have made the suggested changes, what are the thoughts now?
make sure you line everything up..your dates, relevent coursework, locations..etc are all out of whack.
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