Chris Vermeulen | Founder of Technical Traders Ltd.
Success leaves clues.
Finance Strategists sat down with Chris Vermeulen of Technical Traders ltd. He discussed the past, present, and future of the company, as well as his new projects and goals for the future.
Who is Chris Vermeulen?
Q: Who are you and what’s your background?
I’m from Collingwood, ON, Canada located 1.5 hours north of Toronto. I graduated from Seneca College in Toronto for business administration and specialized in operation and supply chain management. My goal was to become a CEO for a company someday.
In my dorm room during college I became addicted to watching CNBC and stocks. From there I started to learn as much as I could and started trading between classes in my dorm room.
Q: Who has been your biggest influence, and why did they have such a significant effect on you?
My biggest influences are for sure my parents. They are entrepreneurs and owned several businesses and lots of real estate when I was going up. I learned that hard work, focus, and dedication can make almost any goal or dream come true if you want something enough.
One day Larry Williams, the well-known commodities trader, sent a package to my father. This short marketing package on how to trade futures contracts is what started my fascination with trading at the age of 16 when I was in high school. It was that seed planted in my subconscious that grew into an incredible business and lifestyle, which today is Technical Traders Ltd. Larry, many years later after hearing my story, contributed to my trading book published a few years ago.
Q: Knowing what you know now, what would you have told yourself when you were in your twenties?
If I could turn back time and redo some things the main thing would be to systemize processes and strategies for everything I do and create SOP’s (Standard Operating Procedures). Why? Because then I could have hired a team many years ago to help with trading, run the business, and provide me more time to focus on what I do best, which is market analysis, trading, and helping teach others how to trade.
Q: What makes Technical Traders different from its competitors?
We filter out all financial news, events, and economic data from our decision making. We are 100% technical analysis driven, meaning we follow the price charts using a set of proprietary indicators including cycles, volume flow, sector rotation, volatility, and trends. These data points allow us to predict the new few trading days price action with a high level of accuracy.
Q: What led you to start Technical Traders?
I went to business school with the goal to become a CEO someday. During that process while at school I learned about the financial markets and was able to pay for my last year of schooling from my first few trades. After that I knew starting my own company that focused on trading and investing using technically proven strategies was my future. So, I incorporated Technical Trades Ltd. and became a CEO a few months after graduating business school.
Q: What has the experience of building the business taught you?
I have built a few different companies, products, and services from scratch over the years. I have been an entrepreneur at heart ever since I was teenager. Since selling my healthcare products company and licensing the rights for the world’s first electric flying jet surfboard (VeFoil), and growing Technical Traders Ltd., the biggest way to move forward and grow is by having the right team working with you. Success comes down to having highly skilled teammates who love to work just as hard as the founder, and they must be passionate about what the company is trying to achieve.
Q: Where do you see things headed for you in the next 5 years?
The future is exciting for sure. Here at Technical Traders Ltd. we are building out some new technologies for automating all of our strategies (long term investing signals, position/advisor signals, swing trading). The goal is to have three options for our customers. Follow our newsletter signals, have them auto-traded in your account for you, or invest in a fund where we manage and trade the capital of all our systems within one fund for investors.
I am also working on some new inventions for which I have hired a two hydrodynamicists. One was the senior aerodynamicist for McLaren F1, Mercedes F1, and help designed some parts for Redbull F1 car. The other design designs airplanes, propulsion system and more. I can’t say what this new sport/product is but I am trying to make the near impossible take place and if we can get it to work, look out world!!
I have two kids, 8 and 10 years old, and the focus is to spend more time with my wife and kids in a couple years once the core business and invention developments are completed. 14-18 hours days are fun currently, I don’t want to be working this hard 2-3 years out.