non professional nicolas Darvas, who made two million dollars in the stock market in 18 months.
Nicolas Darvas was a dancer, self-taught investor, and author. He is best known for his book, “How I Made $2,000,000 in the Stock Market.
How he get into stock market
he got worth $3000 shares from his dance show managers. after few days he saw on news paeper stocks went at $8000 he sold immediately got interested in stockmarket.
The Gambler
taking tips from others, brokers, advisory services
lost 50% income
The Fundamentalist
value research lost $9000
There is no sure thing in the market, moves in your stock are only coming from the stock or the general market moves.
Made half Million by Trailing stoploss. Following the crowd was a big mistake. improved his strategy with emotionless & rely only on price and made less than 18 months.
Technical person
The box theory only on price, price action, and trading volume
each stock as moving from one price box to another price box.
darvas box trading strategy
target stocks with increasing trade volume. drawing a line along the recent highs and recent lows of the time period