Path to a Fulfilling Assistant Trader, Commodities, Futures Career in United States with in-depth Career Guide

Assistant traders in the futures and commodities are experts in finance who work alongside a trader as an apprentice. They are taught the basics of trading and gain practical knowledge of the financial industry. The first tasks they are assigned to may be routine, like making coffee or photocopying. When assistant traders acquire more experience, they can perform trades on behalf of the trader who is senior. They can review, evaluate and help in the modification of strategies, methods and goals.

Assistant traders in the futures and commodities can research commodities, which they then purchase and sell on the market. They should be able to effectively interact with traders and clients in a collaborative way. They should have exceptional writing and verbal abilities, along with ability to solve problems. They are often required to use sophisticated software and tools for statistical computing and analyse algorithms. A mastery of Microsoft Excel is a must since a large portion of their work involves modifying spreadsheets. Their financial and mathematical skills should be of the highest standard. Excellent interpersonal abilities and business acumen are essential.

The majority of Assistant traders for commodities and futures hold an undergraduate degree in accounting, finance, investment analysis, mathematics, statistics, business, economics, or another related area. Some hold an advanced finance or business degree, which is helpful to be able to work at an important financial trading company. Assistant traders in commodities and futures could be expected to work a lot of hours in overtime, since the world of finance is extremely demanding.