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AXIOM business books awards, bronze medal! Thank You!
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Thursday, December 17, 2009 at 8:16 AM
Interviewed by Charles E. Kirk from "The Kirk Report"
I have had the distinct privilege of interviewing a number of top traders who utilize technical analysis to produce significant outperformance in the market. Continuing that tradition, this month I am honored to share this extensive Q&A with Sylvain Vervoort who has over 35 years of trading experience.
When I read Vervoort’s new book Capturing Profit with Technical Analysis, I was so impressed with its straightforward, no nonsense educational format that I felt compelled to invite him in for a Q&A. Mr. Vervoort’s book is the best trading book I’ve read this year.
Read the complete interview.
May 2014, Part 1
Interviewed by Jayanthi Gopalakrishnan from "Stocks & Commodities magazine"
CopyRight 2014 Stocks & Commodities magazine.
Sylvain, tell us about how you got interested in technical analysis.
The European Option Exchange (EOE) was founded in 1978 in Amsterdam as a futures and options exchange. I believe it was 1979 when an enthusiastic stock trading colleague at work talked to me about the possibility of trading options. He convinced me that this was the place to be — make a lot of money with little starting capital. With a group of other colleagues, we gathered some 400,000 Belgian francs (some 10,000 US dollars) to start an option investment club. I was going to make the trades based on technical analysis, and everybody would become rich in no time! A few months later, the money was gone. Luckily, we continued our meetings at a nearby Chinese restaurant, so it wasn’t all sad. Since then, I have been on what seems to be a never-ending quest to find the ideal way of trading the stock market based purely on technical analysis. After completing an investment and credit advisor course, I conducted many courses and presentations about technical analysis and options. The best thing about presenting a course is that as a teacher, you learn the most; many thanks to all who have attended my courses!
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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