What's your experience in Credit derivatives trading (US-EU)?

Coming from here:  https://www.wallstreetoasis.com/forum/trading/i-g… (Recommend you to check out and throw your 2cents).

Coming from a very academic career, I don't have much idea of what Credit derivatives trading is. So I would like to know the experience, pros and cons of working there. It would be interesting to see profiles both from US/EU. 

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