Fired because of others underperformance
not sure if anyone’s in the space of oil but I’m in 1 of the companies where an entire business unit was let go worldwide (think ops, schedulers, middle office, analysts) across continents im a prop trader and was actually net up but against their losses it was too great and it took me down as well im asking if its normal to share my tradePNL performance breakdown and full disclosure under this circumstance with selected interested parties? I haven’t been looking around and was doing very well myself so not sure what’s the expectation in interviews to come especially after a disaster like this
so this came as a surprise to me overall and I was hoping this in a way allows me to redeem myself where in an environment where stigma exists especially where no one really has done well in the oil space any guidance appreciated
Based on the most helpful WSO content, here are some insights and guidance for your situation:
Sharing Trade PNL Performance:
Interview Expectations:
Addressing the Stigma:
General Advice:
For more detailed discussions and advice, you can refer to the following threads on WSO: - https://www.wallstreetoasis.com/forum/trading/qa-physical-oil-trading?c…</a">Q&A: Physical Oil Trading - https://www.wallstreetoasis.com/forum/trading/how-to-explain-large-trad…</a">How to Explain Large Trading Loss in Interview
Good luck with your interviews and future endeavors!
Sources: Q&A: Physical Oil Trading, How to Explain Large Trading Loss in Interview, Q&A: Physical Oil Trading, What to pay attention to when signing a contract?, Q&A: Non-Target School to Portfolio Manager at a Top Hedge Fund – 6 Years Out of Undergrad
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