Electricity trading? How much can you make working for a firm? How about at the desk?

Quote from GILF Hunter:

I was sort of offered a job to work on the trading desk. I dont know much about it. What do these guys do? Are the guys on the trading desk making much money? I heard they work crazy hours. Something like fifteen 12-15 hour shifts per month. Do these guys work overnight? Weekends?
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Take the job. If you pass on it and then find out what electricity trading industry is really like, you will be banging your head against the wall. I will abstain of going into specifics cause I will go into a rant, I will just say that I still cannot get over what I experienced when dealing with these individuals at the energy companies, the brokers and the IBs.

The numbers being mentioned in this thread are about right, after you get a few years experience. Starting out you should break 6 figs after bonus, assuming you are not retarded or seriously f**k up.

Also note that there is electricity TRADING and electricity SCHEDULING. Not the same thing but there is a lot of overlap, depending on the energy company, you may be performing both.
Feel free to send me a PM.
 
Quote from ggoyal:

i just recently got a job as an energy trader. im in houston.if u have any questions, send me an email.
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Could you tell us a little about the job? What the hours and compensation are like? How do you like the position? How did you get the position?
 
well i start the job tomorrow. 60-70K. work hours 6am-3:30pm. i got the job from my university's career website. in the interview, they asked me questions more about my personality. they did not care about my grades. when u work as a trader, to them, it's all about the bottomline. i hope the work hours r adjustable because i still have my last year in university to go. i will basically be trading electricity the day ahead.
 
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