How I Made $2,000,000 in the Stock Market - Nicolas Darvas

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

By Nicolas Darvas

  • Release Date: 2015-11-03
  • Genre: Investing
Score: 4.5
4.5
From 102 Ratings

Description

Full facsimile of the original edition, not reproduced with Optical Recognition Software. Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying.Darvas invested his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron's Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique "Box System", which he used to buy and sell stocks. Darvas' book remains a classic stock market text to this day.

Reviews

  • Great book

    5
    By MIA737CA
    Loved it s till good info even now.
  • Intriguing

    5
    By jayufs578
    Great book. Interesting to see a new approach.
  • You have to read it!

    5
    By Dannyloverammy
    Awesome book!
  • Homework into trade!

    4
    By Anniegetyour👉🏽
    I was referred to read this book by Timothy Sykes, I'm glad a did! This is the first book I have read on stocks. By reading this it has given me more insight on how to find a plan that works for me, looking at how the rise of stocks go up and how to watch out for the volumes has really helped me understand the market better. I will take what Mr.D has laid out in make it my own , thanks for your patience and knowledge of paving the way!