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Based on the most helpful WSO content, here are some insights and advice that might help you navigate your current situation:

Key Points to Consider:

  1. Toxic Work Environment:

    • Backstabbing and Sabotage: It's clear that your work environment is toxic, with colleagues tampering with your work and providing misleading information. This is a significant red flag and can be detrimental to your mental health and career growth.
    • Lack of Support and Training: Your manager and senior colleagues are not providing the necessary support or training, which is crucial for your development, especially in a complex field like physical commodities.
  2. Mental Health and Well-being:

    • Emotional Toll: The emotional toll of crying every day and feeling hopeless is severe. It's important to prioritize your mental health and well-being.
    • Depression: Acknowledging your depression is a critical step. Seeking professional help from a therapist or counselor can provide you with strategies to cope with your current situation.
  3. Career Decisions:

    • Long-term Prospects: The path to becoming a trader in your current firm seems long and fraught with challenges. If the environment is not conducive to your growth, it might be worth considering other opportunities.
    • Learning and Growth: If there is no learning or growth in your current role, it might be time to look for a position where you can develop your skills and knowledge.

Steps to Take:

  1. Evaluate Your Options:

    • Networking: Continue to network within the industry. While it may seem challenging, building connections can open doors to better opportunities.
    • Job Search: Start looking for other roles that align with your interests and where you can see a clear path for growth and learning.
  2. Seek Support:

    • Professional Help: Consider speaking to a mental health professional to help manage your depression and emotional stress.
    • Mentorship: Find a mentor outside your current firm who can provide guidance and support as you navigate your career.
  3. Plan Your Exit Strategy:

    • Stay Strategic: While planning your exit, try to maintain your performance to avoid any negative repercussions. It's often easier to find a new job while still employed.
    • Skill Development: Use your free time to develop skills that will be valuable in your next role. This could include online courses, certifications, or reading industry-related materials.

Inspirational Thoughts:

  • Grass is Greener: Remember, the grass often seems greener on the other side, but it's essential to make a well-informed decision. Reflect on what you truly want from your career and life.
  • Long Game: Sometimes, enduring a tough situation can be part of a long-term strategy. However, if the environment is too toxic, it's crucial to prioritize your well-being.

Final Thought:

It's important to remember that you are not alone in feeling this way. Many professionals have faced similar challenges and have successfully transitioned to more fulfilling roles. Take proactive steps to improve your situation, and don't hesitate to seek help when needed. Your well-being and happiness are paramount.

Sources: Career Mistake - Left IB too Soon, Watching others leave early is demoralizing - what do I do?, Thought Consulting Was My Dream...Now I Hate it, Quitting IB in 2023 - Burnout, https://www.wallstreetoasis.com/forum/private-equity/leave-pe-early-or-stick-it-out-2-years?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

If you are set on this not being your ideal workplace then try to bide your time, and leave to another trading house once you have 1 yr on your belt. You won’t learn anything by the sounds of relying on your colleagues.

There will always be office politics at any company. Although generally at trade shops if you stuff up then the team will quickly put blame onto you. It’s not an easy path to be successful. This is why there are many mediocre traders, and half of the successful ones I’ve worked with have sociopathic personalities.

If you want to learn then start reading. Cover all your commercial terms from historical contracts, and identify basis risks. Use the internet (ChatGPT to some extent) to help you understand industry terms. Have some curiosity to understand why and use it as a conversation piece to ask questions to your manager, and that you have done some homework but still wanting to grasp it practically.

However, if he/she is still unhelpful then refer back to my first point - have an exit strategy.

Good luck, and don’t let this experience break you.

 

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