Aliassmith Beats a "Dead Horse"

[IgazI]

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.

[LeMercenaire]

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]

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

[IgazI]

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.

Screenshot_20210902-092850.jpg (143.61 KiB) Viewed 3101 times

[LeMercenaire]

https://tradingsim.com/blog/darvas-box

A nice overview.

[aliassmith]

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

[aliassmith]

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

[Zorak]

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

[aliassmith]

Hey Igazi,

Why delete your post? There couldn't have been that many typos.

[LeMercenaire]

Hey Igazi,

Why delete your post? There couldn't have been that many typos.

I was beginning to think I'd dreamt it...