Comments on: Be a commodities trader

By: Jamesbond

Jamesbond — Tue, 24 Jan 2012 17:00:49 +0000

Being a trader requires nothing more than knowing how the market behaves. To be a successful trader, you need that…PLUS…an institution or client base that has a large FUND for you to toy with.

Assuming you don’t bankrupt them and have someone to handhold you for a while you should be able to make some profits for the principal and yourself.

Its not exactly an intelligent trade although many traders delude themselves to behave like they are very intelligent people.

More like a F1 car racer…nice car with a good driver. But before you can even drive, you need to have the car! People with very rich parents usually get the ‘car’ free. The others need LUCK.

By: Sim CN

Sim CN — Sat, 03 Sep 2011 06:07:03 +0000

Why bother working for trading firms, investment banks etc. If you are a smart commodity/forex trader, you can easily earn a few thousands every month. Being smart trader has absolutely no correlations with your IQ or paper qualification.

By: John Zorn

John Zorn — Thu, 07 Jul 2011 15:22:08 +0000

Dear friends,

After successfully trading commodities for 15 years, I have decided to leave behind all worldly pleasures to join a monastery. God bless all of you.

By: Eugene

Eugene — Sun, 10 Apr 2011 11:16:07 +0000

Hi does anyone knows how to start as an oil trader in Singapore?

By: vinod kumar

vinod kumar — Fri, 11 Feb 2011 07:01:49 +0000

hi i am a commodities future trader (Arbitrager) can any job in Singapore regarding Commodities Future trading

By: Artsgrad

Artsgrad — Mon, 17 Jan 2011 10:19:40 +0000

Hi Shirley,

Given that you’re an arts grad..i was kinda surprised by your last sentence..”..and I had be working for 5 years in administrative role” It may seem very trivial, but it tells me that u’re not going to JPM..

So if it’s a brokerage, my guess is your basic salary is probably ard $2.5k +/- given that you have no relevant experience. This is excluding your commissions/bonuses if it’s a sales role.

A commodities broker, in short, is expected to build up a client base to trade commodities derivatives such as futures/options through you. A lot of relationship building and entertainment involved. Also, there are different fields of commodities such as soft commodities, energy, metals etc and you’re expected to read up and understand the field you will specialise in.

By: @shirley

@shirley — Mon, 17 Jan 2011 05:07:09 +0000

JPM?

By: Shirley

Shirley — Sun, 16 Jan 2011 13:55:26 +0000

Hi,P’ple,

I am going for a job interview for commodities trading trainee broker. What should i be expecting as trainee in terms of job scope and salary expectation? I hold a degree in arts and I had be working for 5 years in administrative role.

By: query

query — Mon, 18 Jan 2010 02:11:05 +0000

how much return can you consistently generate? any proof?

By: jublee

jublee — Sun, 17 Jan 2010 14:08:07 +0000

I am an experienced trader. Like to trade for others either on individual or institutional basis. pls reply