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Topic Review (Newest First)
03-10-2022 10:43 PM
Unregistered Curious - what's the commission like for traders? I have a friend who works as trader but he seems very thrifty and spends very little...
19-08-2022 07:41 AM
sinkingfeeling
Quote:
Originally Posted by Unregistered View Post
Technically anything is possible. Especially when your father is someone influential. Unfortunately, most of us don’t have such an influential father. I used to believe what people tell me.

What most company do is the segregate the roles, say BD/Marketing/Sales/Trading/Analyst/Credit/Risk/Finance/Ops.

If you want to go far, i believe you need to have good imagination.

Imagine you are a stall owner at hawker centre and you cook chicken rice and sell it and serve it and collection money and give back changes. Then you carry on cutting the chicken and repeat it. In the midday, you wash dishes to free up more plates and do more housekeeping. Month end you pay rental and other bills like electricity and washing of market and year end you pay tax.

Question here is, can you do it by yourself? Technically yes! But you will be busy.

BD/Marketing - You plan your dish and market it. Design signboard and you might wanna participate in carnival by introducing your dish to organiser.
Sales/Trading - Buying rawfood at cost price and selling it at sale price.
Analyst - You montior the crowd to understand which day to rest. How much food to cook etc.
Credit - Paying in cash for rawfood or taking credit. Selling in bulk in cash or credit.
Risk - If buyer is gov't for a grassroot event, say for 100 packets, risk of not paying is low.
Finance - Financial control and reporting tax.
Ops - Preparing the food and cleaning up the place and setting up for new day.

Thus it is possible to switch but chances will be low. Depending on who also applied for the same role you are going for.

1) If the person is direct fit for the role, you are out
2) If they are willing to train, but your product is different, you are out
3) You need a platform (need luck) where your senior is willing to help you improve yourself when you are junior. If you are going for a new role, its unlikely.

Peace outzz
Going to start chicken rice stall now!
19-08-2022 03:57 AM
Unregistered any views about this firm arraco, having opening for

Energy brokers
28-03-2020 02:54 AM
Unregistered
Physical Trader

Quote:
Originally Posted by dennis lee View Post
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?

Technically anything is possible. Especially when your father is someone influential. Unfortunately, most of us don’t have such an influential father. I used to believe what people tell me.

What most company do is the segregate the roles, say BD/Marketing/Sales/Trading/Analyst/Credit/Risk/Finance/Ops.

If you want to go far, i believe you need to have good imagination.

Imagine you are a stall owner at hawker centre and you cook chicken rice and sell it and serve it and collection money and give back changes. Then you carry on cutting the chicken and repeat it. In the midday, you wash dishes to free up more plates and do more housekeeping. Month end you pay rental and other bills like electricity and washing of market and year end you pay tax.

Question here is, can you do it by yourself? Technically yes! But you will be busy.

BD/Marketing - You plan your dish and market it. Design signboard and you might wanna participate in carnival by introducing your dish to organiser.
Sales/Trading - Buying rawfood at cost price and selling it at sale price.
Analyst - You montior the crowd to understand which day to rest. How much food to cook etc.
Credit - Paying in cash for rawfood or taking credit. Selling in bulk in cash or credit.
Risk - If buyer is gov't for a grassroot event, say for 100 packets, risk of not paying is low.
Finance - Financial control and reporting tax.
Ops - Preparing the food and cleaning up the place and setting up for new day.

Thus it is possible to switch but chances will be low. Depending on who also applied for the same role you are going for.

1) If the person is direct fit for the role, you are out
2) If they are willing to train, but your product is different, you are out
3) You need a platform (need luck) where your senior is willing to help you improve yourself when you are junior. If you are going for a new role, its unlikely.

Peace outzz
18-12-2019 01:35 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
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.
16-12-2019 09:37 PM
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)?
29-08-2019 11:34 AM
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?
08-10-2018 08:20 PM
Unregistered 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?
26-03-2018 11:59 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
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.
24-03-2018 12:49 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
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?
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