How Stressful and Boring is S&T?
I'm thinking about breaking into finance but first discovering what role/s would suit me best. I recently had to leave my job working the night shift as the stress was unbearable and my health was suffering from it. I had and still have hopes of one day giving a financial role a shot, but the more I read the more I see just how stressful the jobs can be. I cannot do those kinds of hours coming from my prev. experience. So I'm weighing the opportunities.
Trading and equity research seem to peak my interest. For ER, I hear that the hours aren't so bad during maintenance i.e. before earnings, but during earnings the hours can be upwards of 100+ which is a no go for me, unfortunately. I say unfortunately because I find the the research that goes into investment picks quite interesting. 'sigh'
I've always been interested in trading, but the stress seems high in a different way. Yeah the hours are not so bad, but you're in a high pressure environment most of the time, which keeps you on edge. I don't know if this kind of stress effects the body differently than working long hours (net better?), but I'd like to hear from those who are in S&T, who do this kind of work.
Also, I'd like to ask those who are in S&T, about the nature of their work and day-to-day. What specifically do you do? Market making? Agency trading, prop? I ask because I wonder if market making and or taking trades on behalf of clients ever becomes repetitive and monotonous after a while, reducing job satisfaction. I was primarily drawn to trading in a prop role, because of the higher freedom for the trader on everything from strategy, execution, instruments to trade, etc.. I wonder ever since the Dodd-Frank rule banning prop trading at banks, that trading at banks has become less intellectually stimulating.
Comments (7)
Enormous bump
bump
Bump
bump
Mix of market making, agency and prop depending on desk. Dodd-frank doesnt apply to FX/rates, so those guys prop trade all day long. Stress level depends very heavily on desk. There are some non-flow desks which feel more like banking, but if you're a long-end rates trader you're going to be on edge for the 8am-5pm that you're sitting at the desk and fully dialed in
-

- Learn more
- | Suggested Resource
Learn More300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.
Learn moreI am a finance major. Can I get into rates/fx trading? What math/coding is required?
Non ad explicabo pariatur autem rem ut nihil. Velit facilis rerum rerum commodi. Ea omnis quis aut. Velit quia soluta consequuntur dicta et. Autem impedit sequi sint libero sit excepturi debitis. Neque ullam consequatur assumenda nihil tempora nihil omnis.
Delectus rerum numquam tempore. Voluptatem voluptatem quos fugiat exercitationem a aut voluptatem. Et ut et facilis corporis.
Asperiores autem consectetur odio et sunt. Aut doloribus et et molestiae. Fuga officiis sit est veniam.
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 Want to Unlock by signing in with your social account?