Northpointe Classics

HOW I MADE $2,000,000 IN THE STOCK MARKET - A Wall Street Classic, The Darvas System for Stock Market Profits (Plus BONUS Entire Audio Narration)

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Before emigrating to America, Darvas studied economics at the University of Budapest. Arriving in the US in 1951, Darvas trained with his half-sister, Julia, to be a ballroom dancer, becoming extremely successful and touring the world by 1956. He discovered investing in 1952, when a Toronto nightclub, unable to pay him in cash, instead paid him with shares. It was on a two-year tour of the world that he initially developed his 'Darvas Box' method of screening stocks - a method of picking stocks based on the stock's price and volume - and later went on to refine this to remove any human element from his trading to substantial success. Nicolas Darvas is regarded as one of the best traders in the history of the market and his method, whilst complicated and difficult to master, has been rigorously tested and has been found to be one of the best trading systems yet developed.

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. It is a first hand account of how Nicolas Darvas made $2,000,000 dollars in the stock market in the space of about 2 years.

Nicolas Darvas chronicles how he got involved in stock trading from losing money on rumors 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 stabilized for some time.

Probably the most valuable 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.

About The Author

Nicolas Darvas (sometimes spelled, Nicholas Darvas) was a world famous dancer, self-taught investor and well-known author.

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 in June 1943 at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. Sometime later, he met up with Julia (his half-sister) who became his partner in a dancing team that was to become one of the most successful acts in Europe and the United States.

In April 1953 Darvas and Julia appeared with Judy Garland and Bob Hope. By 1956, Darvas and Julia were touring the world.

Darvas ploughed 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 rare profit.

Darvas decides to regroup to assess this remarkable occurrence. And it was here that Darvas came up with this approach and plan for trading stocks that was to see him achieve $2,450,000.00 fortune in just 18 months, during the 1957-58 bull market. In total, just 7 long years since his first trade