Trade 2020

Welcome to Trade 2020

Steve Nimerov is president and owner of a sole proprietorship that is doing business as Trade 2020. Steve started as a runner on the trading floor of the Chicago Mercantile Exchange in the late 70’s. He was hired by a local clearing firm by the name of Maduff & Sons (“Maduff”). He accepted the job with Maduff because of their reputation as a firm that believed in mentoring and exposing their employees to the markets from a trader’s viewpoint. Steve was positioned at the owners’ trading desk and after a short time was moved up to phone clerk. It was there that Steve was schooled in technical analysis by Sydney Maduff. Steve was able to learn how to get price objectives or “measured moves” as prices emerged from “classic patterns” or “wave counts” before Elliot Wave analysis became popular. Steve, by being positioned at his personal order desk, was able to observe Sydney Maduff's trading as he executed various strategies in the meat pits at the "Merc". Sydney was the owner of Maduff & Sons and was one of the well liked and well respected traders of his era. He believed in charting and technical analysis at a time when it wasn't as accepted as it would become. This up-close exposure to a trader such as Sydney, served to whet Steve’s appetite for a more involved role in the futures industry. It was under Sydney’s guidance that Steve took his series three exam and moved to working in Maduff’s retail brokerage office.

Eventually, Steve came to the decision that he wanted to make a career of the Futures Industry but wanted to learn more about the different approaches and strategies in trading. When Maduff & Sons was sold he decided it was a perfect time to re-visit the trading floor but as an independent or “local” trader this time. Steve spent the next four years learning from and exchanging views, with traders digesting the subtle nuances and signals, given off by price movements.
In the mid 80’s Steve founded NIM-I Limited Partnership where he traded accounts for some veteran floor traders. After awhile, through word of mouth, a local firm named Filler Zaner contacted Steve and made an offer to manage funds in an off-floor facility. So in 1987, with a deeper understanding of the markets, Steve left the trading floor after five years to work with investors, both experienced and beginner.

Now, with over 30 years of experience, at various levels of the futures industry, Steve is owner and head trader of Trade 2020, a commodity brokerage firm located in California. Trade 2020, started in 2005, can service broker assisted traders and self directed traders as well as beginner traders and the more experienced traders.