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.
I do sit on the same desk as the physical traders. Thanks for the advice. :)
How long did it take you to move from tech to trading? I'm assuming you worked on a non-linear desk and got on the non-linear desk
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.
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