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    Default Oil/Gas Trading or Other

    The bad news: I think I've come to terms that my geological career coming is to an end if I continue to live in Calgary or North America for that matter.

    The good news: I know I have transferable skills that entail much more than 'looking at rocks all day'. A friend of mine suggested gas trading, explained a bit about it and thought there would be more opportunities available now and going forward. Is anyone here a trader that could comment? What qualifications/courses would you suggest as I don't have a formal business or marketing background.

    I've considered an MBA and frankly, it is way too expensive to cover personally, particularly because it doesn't guarantee anything at all. I've considered doing a CFA Level I but I'm not sure what doors specifically this could open me up to other than Equity Research which I have zero desire to do based on everyone I know that has done it or is doing it.

    Lots of you guys genuinely know what Geos do, what their role is, and what skills they have. I'm really open to any suggestions of where to zoom into in terms of new career paths. I kind of had a mental breakdown the other day about just being a bag-boy the rest of my life but things are on the upswing again
    Ultracrepidarian

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    I don’t see how geology really lends itself to a commodity trading role, aside from knowing where the gas comes from.

    This would be a full career restart, and if you think there is no future in oil and gas I don’t see how diving into O&G commodity trading is really any different regarding job pool saturation (way wider talent pool to draw from to recruit new traders too, you are competing with every haskayne bcomm willing to grind at the job for pennies which really drives comp to the bottom of the barrel).

    Ever considered pivoting to hard rock instead? Had a buddy who planned on O&G geology pivot quickly into that when he graduated into a market of 0 jobs and has made a decent career of it working steadily for the past 4 years. He does 3 weeks on 2 weeks off logging core and really likes the lifestyle.
    Last edited by killramos; 08-20-2020 at 02:11 PM.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Coal mining Geo?
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    G.I.T.? Your friend suggesting that you go into trading...has he/she been in trading before?
    Last edited by The_Rural_Juror; 08-20-2020 at 02:34 PM.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

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    How old are you?

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    Quote Originally Posted by Buster View Post
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    How old are you?
    I didn't want to go there.

    Wait. Is Buster a traderz? Be my sugar daddy?
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

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    Any interest in blogging about Mustangs?

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    Quote Originally Posted by vengie View Post
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    Any interest in blogging about Mustangs?
    He might as well just stay in EI! Lol

    Starting out at the bottom of commodity trading can be a grind. Be prepared to be up at 430-5 am for the rest of your life for starters.

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    wouldn't the CFA open up other doors as well with your technical background? My wife is a p.eng with her cfa and was doing corporate development/m&a for one of the big producers.

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    Any interest in software development? My geophysicist buddy has been slowly transitioning into that and it seems to be going well as a lot of skills are pretty transferable.

    Software development and associated areas are pretty future proof and i would say a lot easier to get into and excel in compared to commodity trading.

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    Quote Originally Posted by The_Rural_Juror View Post
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    I didn't want to go there.

    Wait. Is Buster a traderz? Be my sugar daddy?
    nope. I know lots of traders though.

    Not the life I would prefer, but it can certainly be lucrative in the right circumstances.

    It's just a tough "reset" job cuz it's so grindy. Unless you bring some kind of really important industry side knowledge to the equation. I've known some people who have gotten into trading in their 30s, but they had pretty good connections already and were willing to start at the bottom.

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    Quote Originally Posted by Buster View Post
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    nope. I know lots of traders though.

    Not the life I would prefer, but it can certainly be lucrative in the right circumstances.

    It's just a tough "reset" job cuz it's so grindy. Unless you bring some kind of really important industry side knowledge to the equation. I've known some people who have gotten into trading in their 30s, but they had pretty good connections already and were willing to start at the bottom.
    What kind of trading?
    @Pacman 's wife can be my sugar momma. E.I.T, P.Eng, CFA is so much win that I wouldn't even care if she has a beard.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

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    IMO it would be a pretty rough path that’s for sure.

    Another question is are you even moderately interested in trading? Or just looking for a job?
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Easier to be a broker imo.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

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    Quote Originally Posted by The_Rural_Juror View Post
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    What kind of trading?
    @Pacman 's wife can be my sugar momma. E.I.T, P.Eng, CFA is so much win that I wouldn't even care if she has a beard.
    nah, you don't get paid IB money when you are working for a producer, even if she's working IB hours to close a deal.

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    Quote Originally Posted by Pacman View Post
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    nah, you don't get paid IB money when you are working for a producer, even if she's working IB hours to close a deal.
    She ain't working IB hours unless she hasn't gone home or showered in a week.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

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    I also personally wouldn’t bother with CFA level 1 unless you are going to finish the designation. CFA level 1 means literally nothing, the full CFA is what opens doors.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Quote Originally Posted by The_Rural_Juror View Post
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    She ain't working IB hours unless she hasn't gone home or showered in a week.
    wonder if they still wear the same white shirts and blue suits for a week straight or do they keep an extra white shirt and matching blue suit in the office?

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    Quote Originally Posted by The_Rural_Juror View Post
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    What kind of trading?
    Russian prostitutes mostly.

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    Quote Originally Posted by Pacman View Post
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    wonder if they still wear the same white shirts and blue suits for a week straight or do they keep an extra white shirt and matching blue suit in the office?
    Their dry cleaning just never comes home. Actually, home is an entirely optional concept.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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