Bunker Oil Trader

Originally Posted by Unregistered

just keep sending CVs and cross your fingers. that helped for me.

its a sunset industry. we are looking to get out and i dont know why theres still people trying to get in. there are better jobs out there that commands better pay. the norm now is at least a Degree in any major, gift of the gap, LOOK PRESENTABLE and street smart.

it may look glamorous, but take into account you have to standby ur work handphone in case of disputes. (even on holidays). be damn good at drinking and sociable. there are nights where u need to drink 3rd 4th rounds in a night.

do consider other jobs, its a sunset and sinking industry.

we "trade" via Yahoo Messengers. the main bulk of work comes during 1630 local time, this is where the market is "active". prices get passed to buyers. buyers will "counter" a lower price to the trader/broker, in turn, will relay the price back to the supply house(supplier)

so ding and dong, price settled. operations take over to ensure on time delivery of cargo. being said, that is the norm. there will be ****-hit-the-fan moments. you will learn it along the way .

Write to me if you wanna learn more about bunker trading [email protected]

write to [email protected] for more info about bunkertrading

[Aidonia]

Originally Posted by Unregistered

Working for major bunker traders like - HL, OWB, Chemoil -

Junior Trader (up to 3 years exp) : 4-6k base pmth
Senior Trader : 6 - 10k base pmth

Average Bonus on good year (2006, 07, 10) : $50-150k
Average Bonus on a not so good year (2008, 2009) : $20-$100k

Hope that helps.

For those in banks, use a factor of 1.5 to 2 times for the above

yaj

So how do you start off if you are totally new to this?

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