Commodities Trading Salary-sick

TheFalls · Feb 7, 2007

Just saw this on CNBC.............nice day at the office just out of the barrel.

Commoditites Traders
BASE/ BONUS
Associate (1 Yr) 100,000/ 110,000
VP 125,000/ 550,000
MD (Mnging Director) 200,000 / 2,000,000

SSI · Feb 7, 2007

i saw this as well.............

ivyconniver · Feb 12, 2007

FYI, associate isn't an entry level position, there are usually 2-3 years of "analyst" position first at around 50-60k salary plus bonus. They can gross around 100k those years, but associates will pull 150k easy

TheFalls · Feb 14, 2007

This industry seems very tough to get into w/o an ivy league ed. or family connections; it seems that these opportunities are limited to the upper class. I will be attempting to trade on my own when I feel that I have a comfortable trade plan. I would eventually like to work for a firm as a technical/quantitative analyst.
This was my goal coming out of college, but unfortunately I entered the job market at the peak of the 02 recession.

joker46n2 · Apr 5, 2007

were would be a good place to start in the trading world?

TheFalls · Apr 5, 2007

joker46n2 said:
were would be a good place to start in the trading world?

For yourself...you need to build a bankroll and find a plan and stick to it after you have papertraded for a while...

To get a salaried + comm job like above....you need to attend a top 10 school-and possibly business school or have a family member in the game, along with endless networking contacts to have any chance at all..........