Be a commodities trader

Hi all,

Does anyone know how much a fresh grad Research Analyst earns at these trading houses?

Your input will be deeply appreciated.

Any idea on how Wilmar trading is like? Paywise, progression and culture?

Thanks!

Originally Posted by Unregistered

I'm interested too! Read somewhere that risk analysis are kinda transferable across commod industries, but would like to know more about the pay and bonus too! Does anyone know?

I started out in risk and still am today. Worked at physical shops always, and have moved across product lines. Agri, metals, energy. Skillsets for risk, control principles are essentially similar across products wherever you go. Differences will lie in how products are traded, priced, valued etc. Possible to pick all this up as you move, but question is whether you will be willing to move across sectors. Oil always has a glossier sheen, pays higher, more sophisticated risk management.. Vs the other products. But life in risk id pretty decent for me. My hours generally fixed, and if working for big trading houses with round the clock silent running, there is no need for me to be up at night. Stress levels are manageable since i dont have a Pnl. Compensation wise it has been quite decent. Started out lower than the civil servants/ big Mnc fresh grads, but depending on how you perform and how you strategize your moves, you can earn a very comfortable range (average VP in a bank) once you accumulate enough years under the belt. Senior analyst levels can go up into 5 figures for the really good ones. Bonuses were fabulous during the run up in oil price years. You cannot compare this to the front office, but if you are someone who doesnt want the pnl stress and high strung hectic lifestyle (traders travel and entertain frequently) , risk is a very good alternative. And stability is better, even in downturns.

Hi Everyone !!

I was browsing over the internet casually and found this page. It is fun to read people with great curiosity on commodities trading. Like most of you I've read some post like these years ago when I wanted to find out more on this trade. Now maybe i am qualified to comment as I am one.

To be honest I don't actually think that one should be relying merely on such a forum to understand about the industry. The correct way is actually researching on relevant companies, getting a role there even if it's not a trader role u can work your way up and networking with people. The key is you need to start going out to build relationship in a healthy way for your career. The more people you talk to the more you learn. It applies thruout all industries.

At this point I am assuming the candidate has relevant education and experience and has great abilities to comprehence information not just on the face value. If you are a direct fit for the role it will be easier to apply but if you are not just try to be the best candidate among the category since opportunity are for those who are best prepared. You may be a good student but poor in writing cv. You may be good in interviews but slow learner in work. You need to consider different levels of barriers that needs to overcome to win this. For that one can't succeed without trying and failing.

A Trader role is a fun and rewarding career. In the manner you guys are asking about salaries and duties are totally unncessary and classless. This is coming for a guy who is not from an elite school or background and has work his way up from the age of 13, doing all kinds of odd job - labour, service,sales, security, retail, etc...

I do not believe in providing 'free gifts' as i know from experiences that one will never treasure it without actually putting Real effort. And for real effort you need to sacrifice somethings. Be it doing an industry switch and become a junior again or risk of not having income etc... If you cannot sacrifice then don't even consider.

When you become a trader you will understand more about the sadness when you are no longer in power people will leave you. Then you need to learn that ordinary is the way of life no matter how well you do in your post. Family comes 1st always.

Enjoy your Saturday.

Alright peace out !!

From a compassionate trader

Originally Posted by Unregistered

Hi Everyone !!

I was browsing over the internet casually and found this page. It is fun to read people with great curiosity on commodities trading. Like most of you I've read some post like these years ago when I wanted to find out more on this trade. Now maybe i am qualified to comment as I am one.

To be honest I don't actually think that one should be relying merely on such a forum to understand about the industry. The correct way is actually researching on relevant companies, getting a role there even if it's not a trader role u can work your way up and networking with people. The key is you need to start going out to build relationship in a healthy way for your career. The more people you talk to the more you learn. It applies thruout all industries.

At this point I am assuming the candidate has relevant education and experience and has great abilities to comprehence information not just on the face value. If you are a direct fit for the role it will be easier to apply but if you are not just try to be the best candidate among the category since opportunity are for those who are best prepared. You may be a good student but poor in writing cv. You may be good in interviews but slow learner in work. You need to consider different levels of barriers that needs to overcome to win this. For that one can't succeed without trying and failing.

A Trader role is a fun and rewarding career. In the manner you guys are asking about salaries and duties are totally unncessary and classless. This is coming for a guy who is not from an elite school or background and has work his way up from the age of 13, doing all kinds of odd job - labour, service,sales, security, retail, etc...

I do not believe in providing 'free gifts' as i know from experiences that one will never treasure it without actually putting Real effort. And for real effort you need to sacrifice somethings. Be it doing an industry switch and become a junior again or risk of not having income etc... If you cannot sacrifice then don't even consider.

When you become a trader you will understand more about the sadness when you are no longer in power people will leave you. Then you need to learn that ordinary is the way of life no matter how well you do in your post. Family comes 1st always.

Enjoy your Saturday.

Alright peace out !!

From a compassionate trader

what is the salary range for commodity trader?

Originally Posted by Unregistered

Hi Everyone !!

I was browsing over the internet casually and found this page. It is fun to read people with great curiosity on commodities trading. Like most of you I've read some post like these years ago when I wanted to find out more on this trade. Now maybe i am qualified to comment as I am one.

To be honest I don't actually think that one should be relying merely on such a forum to understand about the industry. The correct way is actually researching on relevant companies, getting a role there even if it's not a trader role u can work your way up and networking with people. The key is you need to start going out to build relationship in a healthy way for your career. The more people you talk to the more you learn. It applies thruout all industries.

At this point I am assuming the candidate has relevant education and experience and has great abilities to comprehence information not just on the face value. If you are a direct fit for the role it will be easier to apply but if you are not just try to be the best candidate among the category since opportunity are for those who are best prepared. You may be a good student but poor in writing cv. You may be good in interviews but slow learner in work. You need to consider different levels of barriers that needs to overcome to win this. For that one can't succeed without trying and failing.

A Trader role is a fun and rewarding career. In the manner you guys are asking about salaries and duties are totally unncessary and classless. This is coming for a guy who is not from an elite school or background and has work his way up from the age of 13, doing all kinds of odd job - labour, service,sales, security, retail, etc...

I do not believe in providing 'free gifts' as i know from experiences that one will never treasure it without actually putting Real effort. And for real effort you need to sacrifice somethings. Be it doing an industry switch and become a junior again or risk of not having income etc... If you cannot sacrifice then don't even consider.

When you become a trader you will understand more about the sadness when you are no longer in power people will leave you. Then you need to learn that ordinary is the way of life no matter how well you do in your post. Family comes 1st always.

Enjoy your Saturday.

Alright peace out !!

From a compassionate trader

Finally someone said it.

This industry is all about networking and your own research. Not ask silly questions here like culture/pay/how to get in etc.

This industry has high barriers to entry. The quality of questions here show how naive the majority of posters here are.

Here's another tip and if you're wondering why- some people in the line move along the different trading houses seamlessly when the outsiders never even hear about such a role being advertised.

How are the prospects like for someone going into agricultural commodities? Is it comparable to someone in o&g or is the discrepancy going to be big? Both in terms of prospects and remuneration?

[dennis lee]

Dear All,

I just come across this forum thread and have couple of question for my doubt. Recently get an offered position of steel assitant trader from steel company. I am doubt about the "trader" position given rather a "dealer/BD" as the company actually is supplier/manufacturer from china and the job scope find the potential client (trading house, manufacture), do contract, follow up L/C, follow up cargo, nego price and liase with internal finance team as well. The trader job scope do not contact in (hedging, manage P/L, risk management). it is rather an ops works scope and only selling side.

May I know the true physical trader of commodity will be in trading house instead?
Possible to switch to trading house with my current experience?

[AndrewHall]

Any industry insider willing to share their opinion on career progression for fresh grads starting with Glencore vs. Trafigura vs. Exxon vs. BP (TDP)?

Originally Posted by Unregistered

what is the salary range for commodity trader?

If u trade women as a commodity. It’s super lucrative. More than $30000 per month. Especially if u can trade those chio ones.