Incoming PM intern at a commodities company. How do I learn the trading side?
I know I'm just an intern and won't be making real decisions. That's not what this post is about. I genuinely enjoy researching markets and want to start building real understanding of the trading side now rather than waiting until I'm in a full-time role somewhere in 2027.
The markets I want to understand best are crude and refined products as the foundation, then NGLs, biofuels, and the credit markets that sit alongside them. The trading side is where I'm starting from a much lower base than the product side, and where I most want to build.
I'd also like to dabble in some trading on my own once I have a real sense of what's going on. Not pretending I'll be any good at it for a while. Mostly I want the reps and the feedback loop that comes with having actual money on a view, even small.
Looking for advice from anyone who's been in the space on what to read, what to skip, and any ways to practice or build intuition outside of being on a desk. What did you do early on that actually moved the needle for you?
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