Traders who moved to Sales/Business Development
Wanted to ask a question here and get some opinions. Anyone at a prop firm/market maker or even on the S&T side move from Trader to Sales? If so is there a reason why? Has stress increased or decreased compared to managing positions and taking risk?
I have the opportunity to move from Trader role at a prop trading firm to the Sales/Sales Trader role at another.
People will typically look at that as you couldn't make money trading... it would be difficult but not impossible to get back into trading... you'd have to convince people that you didn't fail but rather wanted to try something else for a while... sales can be similarly stressful as trading, just depends on what kind of sales you get into... however I am not all that familiar with sales trading
Thanks for the response! That's what I kind of figured. I'm 1.5 years into my career and think I should stick with trading for as long as possible because I always thought sales is what I'd lean on if I wasn't as profitable as a trader.
Agree here although it also depends on the pond you are jumping from/to. Firm and market structure matter so if you are leveling up to a bigger pond and can sell yourself as seeking out that challenge that would be something I would greatly appreciate.
That being said, and I cannot stress this enough, while there is certainly some irl nuance here the industry views this as fact: good trading seats at good firms aren’t left by choice.
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