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How I Made $2,000,000 in the Stock Market

by Nicholas Darvas

8.46 / 10 6.3K ratings
Classic
Language
English
Published
2022
Publisher
Independently published
Pages
162
ISBN
9798796744437
Discover the remarkable journey of Nicolas Darvas, a professional ballroom dancer who, with no prior financial background, transformed a modest initial investment into over two million dollars in the stock market during the late 1950s. This book chronicles his evolution from an impulsive speculator to a disciplined momentum trader, detailing the costly mistakes and rigorous self-study that led to his groundbreaking "box theory."

Darvas shares his unique, self-developed trading method, which relies on observing price and volume patterns to identify stocks breaking out to new highs within defined ranges, coupled with strict stop-loss orders to manage risk. His approach, developed while traveling the world and trading via telegram, demonstrates how a systematic framework, focused on market action rather than insider tips or complex data, can lead to significant financial success. This account offers a practical manual for anyone seeking a structured, repeatable system for navigating the stock market.

Original edition

Originally published in 1986 English Lyle Stuart

Other editions (50)