Trader Stepan Demura

When you study the stories of successful people who were able to reach the financial Olympus thanks to the stock market, you will see that in most cases they are either Americans or Europeans.

If you try to find traders from the post-Soviet space, you'll find that successful people who have made a name for themselves on the exchange are few and far between. There are

, of course, many reasons for this, but perhaps the most important is, until recently, a lack of access to the exchange.

One prominent Russian trader who managed to achieve success in these difficult circumstances is Stepan Demura.

Stepan Demura was born on August 12, 1967. From childhood, Stepan showed a keen interest in economics, mathematics, and physics.

It's also worth noting that Stepan was very fond of logic, always trying to justify his opinions and able to think in more global terms.

In fact, it was these very traits that later became an excellent foundation, allowing one to become not only a trader and analyst, but also an expert in many financial and economic matters.

Studies

After finishing school, Stepan decided to become a rocket engineer, so he decided to enroll in the Moscow Institute of Physics and Technology.

It's worth noting that Stepan's love of physics and mathematics allowed him to grasp information quickly, making his studies a breeze. A model student, Stepan graduated with honors.

During his studies, Stepan also did not forget his passion for economics and the stock market. By the end of his studies, he already had several money-making schemes in mind, but the lack of money prevented him from implementing his ideas.

After completing his studies, Stepan Demura moved to the United States, where he was offered a vacant position at a prestigious university in Illinois, namely the University of Chicago.

It's worth noting that Stepan assimilated into American society very quickly, as he had studied English in depth back home, although the local dialect presented some difficulties.

Trader career

Demura's first involvement with the stock market came in 1990, when the then-renowned Sheridan Investments LLC invited him to assist in developing new trading systems.

It's worth noting that Demura already had his own views on the market and an idea of ​​how this could be achieved. Therefore, without having worked there for long, he received a series of promotions and became head of the development department.

It was also in this position that Stepan was able to realize his developments and work with real money for the first time.

In 1994, Stepan became a well-known trading systems developer and analyst, so he was offered a position at a government agency overseeing and researching government bonds.

His career progressed rapidly, and from a simple trader simply executing orders, Demura became a chief engineer-analyst, developing a strategy for working with government securities.

In addition to active trading and his work as an analyst, Stepan taught the fundamentals of stock exchange trading at the University of Chicago. Demura's lectures were extremely popular among students, as, unlike other professors, he wasn't just a theoretician; he also traded on the exchange and could share practical advice.

A Radical Turnaround:

One day, having acquired a wealth of knowledge and experience, Stepan resigned from all his positions and returned to his homeland, Russia.

In Russia, he began actively researching the Moscow Stock Exchange, and a little later, he became the head and asset manager of the Russian Investment Club.

In 2006, Stepan was invited as an analyst to the RBC television channel, where he hosted a number of programs. During one of his broadcasts in 2006, Stepan predicted a crisis in the US real estate market and gave a clear forecast of its impact on Russia.

While everyone was harboring false hopes, Demura stuck to his guns and repeated it on every broadcast. Two years later, when his prediction came true, he became the most popular analyst in Russia.