If you are interested in Nicolas Darvas and/or the methods he used to make two million dollars in the Stock Market, then you should definitely read How I Made $2,000,000 in the Stock Market
Nicolas Darvas chronicles how he got involved in stock trading from losing money on rumours and bad advice to the formulation of his famous Darvas Box Theory and the accumulation of more than $2,000,000 in less than two years.
Darvas tells how he patiently stalked the stock market for stocks that triggered his buying conditions. And, how once a stock was bought it would be sold automatically by a stop loss or kept no matter what until it changed direction or stabalized for some time.
Probably the most valuble lesson the trader can take from this book is the importance of a Trading Plan. The reader is told how Darvas formulated his theories, observations and lessons from his losses into a concrete Trading Plan and how he carried it out – sometimes waiting weeks for the right trade. Also, using the plan to resist the temptation of profit taking early and missing out on large winnings.
Another lesson the trader can learn from Darvas is how crucial it is to learn from mistakes and to use these lessons to shape your goals to achieve success.
How I Made $2,000,000 in the Stock Market
Where to buy How I Made Two Million Dollars in the Stock Market
If you are keen to buy the book, I would recommend the following websites for getting a better deal than buying at a shop:
- Ebay – You can often find a good deal on used items here, and I often pick up useful books for low prices.
- Amazon – Amazon.com allways has this book in stock and can deliver it quickly.
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