Power or Soft Commodities?
Hi All,
Just curious as to where you guys would lean when deciding between two industries to enter? Would you lean towards the power industry, or would you be more interested in soft commodities such as sugar? I'm interested in hearing about factors like compensation, growth, and outlook, as well as just general atmosphere on the desks.
Thanks!
Tough but if you want to get into a trading seat quickly - I would pick power
dont know too much about soft commodities but we are in a energy renaissance now
Thanks for the info guys. I have a pretty good insight into energy, but as far as the soft commods go, I know very little. How well do the senior guys do?
I would go where your interests lie, that's probably where you'll be more successful in the long run. Soft commodity trading is essentially the same as many agricultural commodities; demand is fairly stable for the most part, so things like weather and crop production play a larger role. I don't know much about power trading except that it can vary greatly by region (countries like Germany have a high % of solar and wind power, which depend largely on the weather).
If you find energy/power fascinating and you find crops boring, go with power.
love your name. "Pulp can move baby!"
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