“I am sure that this book with all the technical analysis techniques, money management, risk management, and high probability entries will be a turning point for your own technical trading.”—Sylvain Vervoort
Vervoort's system, “LOCKIT,” introduces you to a number of special indicators and techniques for a more successful application of technical analysis like:
· a practical Elliott Wave count indicator to help you estimate the direction of price and to create price targets,
· a Heikin-ashi Bollinger Bands %b indicator to show actionable divergences in price,
· Vervoort's brand new, proprietary indicator SVAPO (“Short term Volume and Price Oscillator”) with programming code,
· optimized ATR trailing stop methods to protect gains,
· specific money and risk management rules to keep you profitable,
· and much more.
On top of all this, Vervoort's book comes complete with Metastock code for all of his indicators and technical trading techniques. There is a CD included to get you started right away!
Don't miss out on one of the most important trading books of recent times. This is a must for any person ready to trade profitably with technical analysis.
"In this well researched and documented book Sylvain Vervoort presents a concise, but highly readable, methodology. His strength is his ability to examine a large number of technical analysis tools, explain them understandably but briefly, and then select from them the strongest features of each. These he then combines and relates to one another, using his own proprietary calculations, emerging with a complete and concise trading method. Marrying this to strong computer tools, he gives us a comprehensive way of buying and selling, and also managing our money. This is a worthwhile addition to the realm of Technical Analysis."
Richard W. Arms, Jr.
Publisher of Arms Advisory;
Inventor of the Arms Index and Equivolume Charting
"Sylvain Vervoots new book describes a technical trading method he calls "LOCKIT," which is an acronym for the principle components of any good investment or trading system: selection, timing, capital risk control, and money management. The great value I found in the book is the extraordinarily clear descriptions of the technical indicators, charts, and oscillators he uses, both traditional and esoteric. For this reason alone, his book is a valuable technical-analysis guide and reference."
Charles D. Kirkpatrick II
co-author of Technical Analysis: The Complete Resource for Financial Market Technicians
and Adjunct Professor in Finance at Brandeis University
About the Author:
Sylvain Vervoort started his professional career with a degree in electronics and has been studying and using technical analysis since 1978 with the birth of the European Option Exchange (EOE) in Amsterdam. After training to become an investment and credit advisor, he has since conducted many courses and presentations about technical analysis. His first book (Dutch-language only) on technical analysis was published in 2000. Since his retirement, he has been publishing articles in Stocks & Commodities magazine, trading short-term on stocks, E-mini futures, and Forex, and maintaining his website (http://stocata.org/) about trading based on the application of technical analysis.
