Chat With Traders · Wednesday, September 16, 2026
Steve Nison moved to Merrill Lynch as a technical analyst and options specialist, where he provided trade recommendations to brokers. It was during this time, after E.F. Hutton's bankruptcy, that he encountered a Japanese broker who introduced him to candlestick charting.
“So, I always was a big believer in teaching myself after work. But by the way, my jobs at Merrill were giving trade recommendations to the brokers throughout the system. Merrill and E.F. Hutton.”
“But I was at one of the firms, and there was a Japanese broker, and I, you know, but we would exchange ideas and she had a chart book on her desk and the whole candlestick thing.”