Joe Nikruto

Senior Commodities Broker

800-453-4494 312-373-5385 jnikruto@rjofutures.com Series 3 Licensed

Joe Nikruto attended Indiana State University and DePaul University in Chicago with a major concentration in economics. "It was during college that I got a job as a runner at the Chicago Board of Trade. I was immediately hooked," he says.



He adds that he also enjoys futures trading because anyone can do it. "Your success depends on how you handle the risk and how much work you are willing to put in. You don't need a big-time Wall Street connection, or a degree from an Ivy League school to get started. Your success largely depends on you and what you put into it."



In 1992, he started as a runner and back office clerk for a very large futures commission merchant (FCM). He moved up to pit clerk, then research associate working on the trading floors directly for a grain and livestock concern based in Memphis. He spent time on various trading desks for a large retail FCM and then became Series 3 registered in 1997. He also helped develop an online trading platform and consulted on development and trading of mechanical trading systems. He has always worked to assist his clients with all types of trading-from option strategies and hedging to complicated mechanical trading systems.



His advisory background includes Floyd Upperman, McMaster, Walter Bressert, Ken Roberts, Tech Guru, Hightower, Helms, and Barry Rosen



As for his involvement with RJO, Nikruto says, "R.J. O'Brien has been in operation for 93 years. That is almost a century of supporting customers. You have to be doing something right for folks who use futures to choose to do business with you for that long."

Sector Focus

• Most markets

Analysis Preference

• Technical and fundamental

Strengths and Trading Philosophy

• Joe's strengths include his work ethic and his ability to provide clients with service that will meet their specific trading needs. His trading philosophy is that if you can recognize and manage the risk, you have a better chance to be successful in trading.