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

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Title: How I Made 2,000,000 in the Stock Market
by Nicolas Darvas, Nicolas Darvas
ISBN: 0-8184-0396-9
Publisher: Lyle Stuart Hardcover
Pub. Date: April, 1986
Format: Paperback
Volumes: 1
List Price(USD): $12.95
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Average Customer Rating: 4.37 (57 reviews)

Customer Reviews

Rating: 4
Summary: Nice motivation
Comment: This is a nice little motivational book. Darvas went from an absolute novice who knew nothing about stocks to a millionaire in a short period of time. He basically stumbled upon simple price/volume technical analysis without realizing it. The lesson to be learned here is unemotional discipline, which Darvas clearly points out that he did not have at times and shows you the disasterous results. His trades are followed in detail along with the mindset that went along with each one. Surprisingly he really didn't diversify that much. There are no groundbreaking techniques here, but it is a fun read.

Rating: 5
Summary: A cheap book that can save you serious money.
Comment: I doubt doing the things he actually did to make his money would work today. But thankfully he documents all the mistakes he made before hitting it big.

Those mistakes would still be mistakes likely to cost an investor a lot of money. What he got right is much less important than what he got wrong.

Study the errors!!

Rating: 5
Summary: Inspirational
Comment: The evolution of the little trader from clueless to breakeven to profitable. A must read for educational and inspirational purposes. His box breakout can be interpreted in many ways which will force you to think about it, though his true edge is reglious use of stops and hanging on to winners.

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