Real Time Trader Path into Power Trading
Any power traders out there willing to give some quick career advice?
I secured a RT role out of college and have been here about a year an a half now. So far I have really enjoyed the job but would love to eventually get into a power trading gig down the road.
The first year was great and I learned a ton, but the past six months I feel that I have "mastered" this job as my learning has really plateaued and I fear that I am turning into a button pusher dispatching plants. Unfortunately my company stopped having RT trade virtuals or ICE a few years before I got in so I have practically no trading experience.
Might be rushing things but where would y'all recommend I go from here? Should I stay, or would it be wise to look for other RT jobs that do more trading and ride that out a couple more years? Should I be looking at power analyst roles at all?
Hey there! It sounds like you're at a crossroads in your career, which is a great time for some reflection and planning.
First off, it's fantastic that you've mastered your current role as a Real Time (RT) trader. That's a testament to your skills and dedication. However, I understand your concern about becoming a "button pusher" and the desire to continue growing and learning.
If your ultimate goal is to get into power trading, there are a few paths you could consider:
Stay in your current role but seek out additional responsibilities or projects that could give you more exposure to trading. This could involve speaking to your manager about your career aspirations and seeing if there are opportunities within your current organization.
Look for other RT roles that involve more trading. This could give you the hands-on experience you're looking for and could be a stepping stone towards a power trading role.
Consider power analyst roles. This could give you a deeper understanding of the power market, which would be valuable in a trading role.
Remember, there's no one-size-fits-all answer here. The best path depends on your personal interests, skills, and long-term career goals. It might be helpful to speak with others in the industry or seek out a mentor who can provide personalized advice.
And remember, even monkeys fall from trees. So don't be afraid to take a leap and try something new!
Sources: Q&A: 3 years software development to Power trading analyst at a supermajor, Energy Trading: Career Path, Lifestyle, Wages, etc, Advice: Carreer steps for trading?????
Easiest thing is to make some friends/contacts with people at financial shops. You need to understand what you are doing “is not just button pushing” and how it fits into the models we create. But also what kind of role to target next, even if its moving to a RT-ish role at a place where they trade financial.
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