How does one become an Energy Trader?

[monty09]

Quote from Anaconda:

How come? The energy space is really heating up with opportunity. Maybe not in Texas, but still.

not on the trading side

 

[thegazelle]

Quote from monty09:

not on the trading side

Correct, but BP still needs extras to stand in for their media shots along the gulf.

 

[monty09]

i dont like the beach

 

[Anaconda]

Quote from monty09:

not on the trading side

Hehe, depends on what you trade.

I have heard of entities not trusting each other due to BP counter party risk, but still.

 

[Elite Loser]

Quote from StockHustler:

I am living in Houston and have experience trading stocks and options but want to crack into the energy trading industry. Most companies are located here in Houston and if any advice can be shed on this subject it would be greatly appreciated. Thank you.

buy CL

 

[monty09]

Quote from XBOT:

there are so many energy shops in houston but unless you are a recent grad going through a training program it usually takes around 4-5 years of doing other mid office crap before you can start to dabble in trading.

try applying at Shell Trading, ConocoPhillips, bp, Constellation, Chevron, Apache, Reliant, Merril Lynch Commodities, Integrys....

Majority of the shops in Houston are focused on gas and power. A few may have crude benches down here but your biggest chance is with a phys gas shop

4-5 years is a little strong but 1-3 is about right.

 

[monty09]

Quote from StockHustler:

Would anyone have recommendations on how to get my foot in the door? The trading I have done has only been for a personal account although I did work for a stock picking website where I learned technical analysis and options for about a year. I am only 25 years old but I am extremely interested in the Oil market and have a bachelors degree in Finance. I eat, sleep, and drink the market and am looking for something down here in Houston, even if it is an assistant role or an entry level role. The experience part is the part that I think is holding me back, any advice on how to get an entry level job would be appreciated. Thank you in advance for any helpful replies.

get in line and stay knocking on the door

 

[monty09]

I am hosting an energy trading event(Feb 2011_ in Houston but geared more to college and grad students.. maybe the young grad...

PM me for details

 

[turbosyde]

as a follow up...ended up getting a job as a commodity (oil and nat gas) options broker. Figure it'll be a good way to start my career and eventually seg-way into trading.

 

[bigb]

Quote from turbosyde:

as a follow up...ended up getting a job as a commodity (oil and nat gas) options broker. Figure it'll be a good way to start my career and eventually seg-way into trading.

good start.....