Exchange trading guru Veniamin Iltuzarovich Safin
The stock exchange has become the cradle of many millionaires and billionaires around the world. Such big names as Soros, Buffet and many others have become known even to those people whose interests do not intersect with stock trading at all.
However, if the stock exchange is simply overflowing with its gurus and stories of successful careers of traders, there are no such huge achievements around the Forex market.
And the point is not that the currency exchange is something special or more difficult than trading on the stock market, but rather that this is the most active and speculative market, in which there is simply no place for investors who want to earn small interest with minimal risks.
Forex, compared to the stock exchange, is a relatively young area. However, there are also gurus here, and one of them is Veniamin Iltuzarovich Safin.
short biography
Unfortunately, there is practically no information about the early years of Veniamin Iltuzarovich Safin.
Since childhood, he showed great interest in mathematics and physics, which in fact became the basis that influenced the choice of his future profession.
After graduating from school, Veniamin Iltuzarovich Safin saw himself as a physicist, so he entered and successfully graduated from the Far Eastern State University.
In 1971, after graduating from university, Veniamin’s scientific spirit and desire to work among scientists awakened. So, the next step in his development was training at the School of Financial Management of the Academy of National Economy under the Government of the Russian Federation.
After receiving higher education, Veniamin became actively interested in stock exchange business, or, to be more precise, in the foreign exchange market.
In order to master this area, he decides to enroll at the International Institute of Finance, Credit and Banking for a course dedicated to exchange trading “Currency dealing: application of methods technical analysis on the international foreign exchange market."
Iltuzarovich Safin is a scientist, therefore, in parallel with becoming familiar with the new financial direction, he continued to work as a teacher at the Far Eastern State Academy of Economics and Management, where he created an excellent career and became the head of the department of information technology.
First steps on the stock exchange
Veniamin Iltuzarovich Safin is an ardent follower of technical analysis. In one of his interviews, Veniamin admitted that he began his journey to conquering the currency exchange with a huge number of trials and errors.
Unfortunately, at the moment when he began to master the direction of foreign exchange trading, the exchange was just in its infancy, so there was practically no useful information, especially in Russian.
Therefore, he had to compare and study the first strategies and indicators on his own, for which he had to pay repeatedly from his own pocket.
As Safin himself claims, his strategies are the very product of trial errors that allowed us to achieve results.
Veniamin Iltuzarovich Safin continued trading independently until 2001, when he joined the famous International Academy of Investment and Trading founded by the Forex Club company.
The new team and financial support of the company in terms of new developments made a huge difference in his career, which resulted in the writing of many scientific papers and practical manuals on trading on the foreign exchange exchange.
Thus, one of his first books was “For Whom Japanese Candlesticks Shine,” in which he fully describes in clear language all kinds of candlestick figures and shows in practice how effective they are.
Then the book he published, “The Trader’s Trading System: A Factor of Success!” brought Benjamin enormous popularity, since the author showed all traders in practice how the process of creating a trading strategy occurs, what criteria are necessary for construction and how to conduct testing.
Today, Veniamin Iltuzarovich Safin is the rector and face of the International Academy of Investment and Trading from the company Forex Club, and is also constantly engaged in both offline and online training of the company’s clients.