Power Trader
Power Trader
x4 engineeringDenver, CO
2 days ago
$5,000 per day
Financial and Investment AnalystsSecurities, Commodities, and Financial Services Sales AgentsFinancial Quantitative Analysts
Portfolio Management and Investment AdviceInvestment Banking and Securities IntermediationMiscellaneous Financial Investment Activities
Apply for this role →We are looking for an experienced PJM Power Trader to join a remote proprietary trading platform, with a focus on PJM Virtuals, Point-to-Point and Short-Term FTRs.
About the Role:
This is an opportunity for a trader with a proven track record who understands how to maximize returns while minimizing downside risk through a credit-efficient trading strategy.
Responsibilities:
PJM Virtuals Point-to-Point Short-Term FTRsCongestion and market analysis Short-term trading strategies
Qualifications:
To apply, please provide: A brief description of your trading strategy, process and approach to the markets Daily trading performance by market and product, preferably covering the last 2 years, in Excel format Average and maximum credit usage Estimated daily P&L targets, e.g. +/- $5,000 per day Maximum two-day drawdown and maximum overall drawdown Any commercial software, data feeds or other tools required to execute your strategy
Required Skills:
We are particularly interested in traders who understand that consistent, risk-adjusted returns are more important than simply maximizing absolute P&L. The platform places a strong emphasis on: Sortino Ratio Consistent equity curves Downside risk management Controlled drawdowns Efficient credit utilization Repeatable and clearly defined trading strategies
Preferred Skills:
The method and path by which returns are generated is just as important as the absolute profit. Pay range and compensation package$125,000 base salary 25% of book profits Fully remote Equal Opportunity Statement If you have a proven PJM trading track record and are interested in a performance-driven opportunity with 25% of book profits, we would like to hear from you.
Also on the board Same function, level within a rung
Level
Senior
Salary
$5,000 per day
Location
Denver, CO
Occupation
Financial and Investment Analysts
Industry
Portfolio Management and Investment Advice
Posted
2 days ago