The following is an article by 80,000 Hours member, Joe Mela, about (i) why he thinks trading can be better than other finance jobs (ii) what the work’s like (iii) who might especially suit it. Joe has over 5 years experience in trading, and was keen to share his perspective with other 80,000 Hours members on why this might be an especially promising career path.
In summary, Joe thinks:
If you have excellent quantitative skills, have yet to start your career, and are thinking of earning to give, you should consider going into a hedge fund or proprietary trading firm to trade stocks or other assets. You can reach a seven figure bonus within five years by working on interesting problems. You’ll work with really smart, focused people and have transferable skills if you choose to leave.