How I Made $2 Million in the Stock Market - The Darvas system for stock market profits
Nicolas Darvas
Summary
Key Facts or Insights from the Book:
- Darvas Box Theory: This is the pioneering technique developed by Nicolas Darvas. It's a unique approach to buying stocks based on their price and volume.
- The importance of timing: One of the key aspects of Darvas’ strategy was the importance of timing in buying and selling stocks.
- Focus on Growth Stocks: Darvas focused on buying stocks that showed a certain pattern of growth and profitability.
- Strict Stop-Loss Policy: Darvas emphasized the importance of a strict stop-loss policy to limit potential losses.
- Ignoring Market Noise: Darvas ignored the general market trends and news,...
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