RT Trading in UK Prospects and Career Path
Hi everyone! I recently accepted a shift trader job for a utility company in the UK. I understand that util is a great place for me to learn and would like to stay for 2-3 years before deciding on possible career shifts to other companies (merchants, majors, banks, HF, etc.). Hence, I would like to consult the community on several questions I have:
-Career progression for a RT trader at a utility company in the UK (how long to move further out the curve, how transferrable are the skills? Would it be possible for me to move to EU/US/Japan power trading
-prospects in staying in UK power vs moving over to gas
-What is the ballpark figure for power trader based on experience and role? ( not too many data points online, and I felt that I was lowballed but I still took it because I recognize it is a learning opportunity and what I would be earning in the future will dwarf 10-15k annual salary difference)
-any recommended topics I should read on (how deep my maths/stats knowledge should be and what recommended books/podcasts I can look into)
Thank you very much for your kind responses beforehand.
RT trader or "intraday" is a great place to learn the power market. Probably the most promising part of the market in power trading but despite that I think its a shitty market to be in from a trader's career perspective
Would recommend not staying in the role longer than 2 years if you want to progress towards trading the curve. Try to make an internal move to day ahead/short term trading if possible would probably make it easier down the road
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