Bobbing Through The Markets
Steve Ruffley Of iView Charts by Jayanthi Gopalakrishnan
Steve Ruffley has been involved in the finance and trading arena for more than a decade. When it comes to trading, thereís not a lot he hasnít done. He has traded his own account on some of the biggest trading floors in Europe, invested for high-net-worth individuals at PriceWaterhouseCoopers, mentored, and managed risk for traders at Refco. He also ran the live trading floor at Schneiderís.
Ruffley is CEO of www.iViewcharts.com, Chief Market Strategist at www.Intertrader.com, and creator of www.TraderMaker.com and TraderMaker Pro software. He is author of The Ruff Guide To Trading (due to be published in late 2014).
In his educational courses, he has presented more than 550 live webinars and 40 consecutive nonfarm payroll (NFP) trades. For the last three years, he has held weekly trading clinics at www.FXstreet.com.
Stocks & Commodities Editor Jayanthi Gopalakrishnan spoke with Steve Ruffley on June 12, 2014 about the importance of setting expectations before trading, and how he looks at charts.
Steve, tell us a little about yourself and how you got interested in the financial markets.
While at PriceWaterhouseCoopers (PwC), I was involved in investing large sums of money for wealthy clients, and by the end of my short time there, we had placed over £80m worth of investments. After 9/11 [the date of the terrorist act at New Yorkís World Trade Center in 2001], the market had a crash, and PwC decided to close its investment arm. I was offered redundancy. At that time, I happened to take a trip to Gibraltar.
While in Marbella near Gibraltar on a night out, I met a bunch of guys all driving Ferraris, so I got into a conversation with them. It turned out they were traders who had recently moved to Gibraltar. The rest, as they say, is history. I applied for a job, and after a month of training in London, I was a trader with Refco.