I started reading a book today that I purchased off of Ebay, for $7.99, titled "how I made $2,000,000 in the stock market" by Nicolas Darvas;
I'm only on page 76, half the book, but I can already recommend it.
Aliassmith Beats a "Dead Horse"
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Re: Aliassmith Beats a "Dead Horse"
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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- LeMercenaire
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Re: Aliassmith Beats a "Dead Horse"
IgazI wrote:I started reading a book today that I purchased off of Ebay, for $7.99, titled "how I made $2,000,000 in the stock market" by Nicolas Darvas;
I'm only on page 76, half the book, but I can already recommend it.
He certainly divides opinion amongst traders
His boxes are very pretty!
- aliassmith
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Re: Aliassmith Beats a "Dead Horse"
IgazI wrote:I started reading a book today that I purchased off of Ebay, for $7.99, titled "how I made $2,000,000 in the stock market" by Nicolas Darvas;
I'm only on page 76, half the book, but I can already recommend it.
$10,000 and 8 years of making 100% a year should do it
Trade Your Way as Long as It Makes Money!
Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:IgazI wrote:I started reading a book today that I purchased off of Ebay, for $7.99, titled "how I made $2,000,000 in the stock market" by Nicolas Darvas;
I'm only on page 76, half the book, but I can already recommend it.
$10,000 and 8 years of making 100% a year should do it
Alright, but you're missing out on some real gems here by not reading the book:
A Darvas box is basically a defined maximum decline that is still considered part of the upward trend; it's a column, he is buying the area above the minimum reversal to the extension of the column; earlier in the book he states that the box size has to be carefully selected as it will be different between stocks.
There are not a lot of chart examples in the book, you have listen carefully to what he is saying.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:IgazI wrote:I started reading a book today that I purchased off of Ebay, for $7.99, titled "how I made $2,000,000 in the stock market" by Nicolas Darvas;
I'm only on page 76, half the book, but I can already recommend it.
$10,000 and 8 years of making 100% a year should do it
I was telling a guy just the other day how to retire comfortably in 20 years. I think the guy is 39 so retire at 59 isnt bad.
Start with $5000
Add $400 a month
Make 25% a year return compound annually.
In a Roth IRA
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Trade Your Way as Long as It Makes Money!
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Re: Aliassmith Beats a "Dead Horse"
Toying around, trying to make life easier.
I put the 20 SMA, 40 SMA, and 80 SMA on a M15 chart.
On the M15 chart the 20 SMA represents itself.
The 40 SMA represents the M30 chart.
The 80 SMA represents the 1H chart.
For those that don't like squiggles can go play somewhere else.
Multi-timeframe trend... Sup/Res
I put the 20 SMA, 40 SMA, and 80 SMA on a M15 chart.
On the M15 chart the 20 SMA represents itself.
The 40 SMA represents the M30 chart.
The 80 SMA represents the 1H chart.
For those that don't like squiggles can go play somewhere else.
Multi-timeframe trend... Sup/Res
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Trade Your Way as Long as It Makes Money!
Re: Aliassmith Beats a "Dead Horse"
You can read (for free) this book here:
How I Made $2,000,000 In The Stock Market (Nicholas Darvas, 1960):
https://docplayer.net/17890557-How-i-ma ... -york.html
Here are the Darvas Box formulas for Tradestation , Amibroker, eSignal, Metastock, etc....:
forex-ebooks-f62/how-i-made-2-000-000-in-the-stock-market-t38452
How I Made $2,000,000 In The Stock Market (Nicholas Darvas, 1960):
https://docplayer.net/17890557-How-i-ma ... -york.html
Here are the Darvas Box formulas for Tradestation , Amibroker, eSignal, Metastock, etc....:
forex-ebooks-f62/how-i-made-2-000-000-in-the-stock-market-t38452
- aliassmith
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Re: Aliassmith Beats a "Dead Horse"
Hey Igazi,
Why delete your post? There couldn't have been that many typos.
Why delete your post? There couldn't have been that many typos.
Trade Your Way as Long as It Makes Money!
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:Hey Igazi,
Why delete your post? There couldn't have been that many typos.
I was beginning to think I'd dreamt it...
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