Selected Product: | How I Made $2,000,000 In The Stock Market Paperback Edition: New title Author: Nicolas Darvas Publisher: BN Publishing Release Date: 2008-10-13 ISBN-10: 9562914534 ISBN-13: 9789562914536 List Price: $9.99 Average Customer Rating: | | The Neatest Little Guide to Stock Market Investing ISBN-10: 0452289211 ISBN-13: 9780452289215 List Price:$15.00 How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition ISBN-10: 0071373616 ISBN-13: 0639785337751 List Price:$12.95 Market Wizards: Interviews with Top Traders ISBN-10: 1592802974 ISBN-13: 9781592802975 List Price:$17.95 Reminiscences of a Stock Operator (Wiley Investment Classics) ISBN-10: 0471770884 ISBN-13: 9780471770886 List Price:$19.95 How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition ISBN-10: 0071373616 ISBN-13: 9780071373616 List Price:$14.95 How to Trade In Stocks ISBN-10: 0071469796 ISBN-13: 9780071469791 List Price:$19.95 |
To use our price comparison to get the cheapest price, please click on the "Find the Cheapest Price" button located above for How I Made $2,000,000 In The Stock Market by Nicolas Darvas (ISBN-10: 9562914534, ISBN-13: 9789562914536). At this time we have not yet written a review for How I Made $2,000,000 In The Stock Market by Nicolas Darvas (ISBN-10: 9562914534, ISBN-13: 9789562914536). Please continue to keep checking back to this page as we are constantly adding reviews. Summaries and Customer Reviews are supplied by Amazon.com How did a world-famous dancer with no knowledge of the stock market, or of finance in general, make 2 million dollars in the stock market in 18 months starting with only $10,000? Darvas is legendary, and with good reason. Find out why. fun read on technical analysis | Customer Rating: | | if you know something about technical analysis you will probably find this a fun read. unfortunately it suffers from the poor formatting so common to e books which is particularly annoying in the tables of his stock purchases and sales. but the narrative is well written and it s a fun story. do not expect to make your own 2 000 000 in the market starting from 3 000 as he did however. | Insightfull | Customer Rating: | | For some one who is interested in investing in the stock market using technical analysis, this is a great book. It clearly shows how following price and developing your own STRATEGY to invest around it, can be very profitable. | Gems for a lifetime.....but beware! | Customer Rating: | Back in 1980, I came across a copy of the original version of this book in a used book store. I can't begin to tell you how much I enjoyed it. I had been floundering around in the stock market for a year or two, and suddenly, after reading this book, I knew what I was up against, and why it was so hard.
This book is one of my favorite books of all time, on any subject. It's an absolute must read for anyone interested in stock trading. William O'Neill's methods as used in Investors Business Daily, is mostly based on Darvas' method, and Jesse Livermore's.
I'm not going to repeat all the details that can be found in other reviews, but I would like to add a few things.
The first one is this quote by Darvas, that was the culmination of all the trials and tribulations that had gone on before:
"The only sound reason for my buying a stock is that it is rising in price. If that is happening, no other reason is necessary. If that is not happening, no other reason is worth considering."
I point this out because anybody who has ever bought an IBD 100 stock knows that all of the stocks at the top of the list are stocks that have been rising in the immediate past. I also point this quote out, because of my next point.
Two, the Darvas method, like the IBD method ONLY works in rising markets. In sideways or down markets, you can get creamed. In my 30+ years of trading, I've tended to use this method MUCH LESS than other methods, for the simple reason that it doesn't work year in and year out, and that one tends to buy stocks at the top so that you're forced to keep selling stocks you just boought.
Sure, when it works, man is it great. I guess if a person only used it at the right times it would be wonderful, but year in and year out you are constantly faced with times when it doesn't work very well.
Even Darvas lost huge amounts of money after writing this book, and the next one in 1964. By time he wrote "You can still make millions in the market" in 1977 you could tell he was a beaten man when he ventured back into the market.
C.C. Hazard (pseudonymn), in his book "Confessions of a Wall Street Insider" {1972} talks about how no method really works all that well over time. As a life long stock broker, he saw it all. One time (around the time of the writing of his book) he had a broker friend of his check on Darvas' account balance. He wasn't surprised to find that Darvas had lost most of his money that he made in the 60s.
Also, I was amazed to see that Darvas' estate (or whoever owns the rights to the story) has published so many other books recently. Why would they need to do that? I would think they would be using his method to make millions in the stock market, wouldn't you?
So, BEWARE of this method and the IBD method. Over the long run you will find that they work less often than they don't. | One of the must read | Customer Rating: | | Dravas is one of the best speculator. He is able to keep his profit and he has his own style. The method of trading is capable for any, if not too stupid, investor. Buy this one, don't buy other books because they're unaudited and no difference from How I Made $2,000,000. | Why Some people WRITE to much. | Customer Rating: | I do not know why some people write to much about their openions on this book or any other books. Hey Friends, we do not have time to reade all your opinions. Please write all your opinion in short sentences. Thanks |
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