You Can Still Make It In The Market
$12.96
| Author(s) | |
|---|---|
| Pages |
145 |
| Format |
|
| Published Date |
2008 |
492
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Description
In You Can Still Make It In The Market, Nicolas Darvas has devised a breakthrough system for charting the stock market. Called the DAR-CARD, it is easy to use end has the all-important ingredient that existing systems lack: DAR-CARD needs no interpretation.
HOW HE DRAW A DAR-CARD:
- When the price of a rapidly rising stock reaches a resistance point which it does not surpass for three or more consecutive days, that paint represents the top of the box.
- If, after falling from the upper limit, the stock reaches a downward resistance point which it does not penetrate for three or more consecutive days, that level represents the bottom of the box.
- The shaded danger level is indicated when the price falls 5 percent below the bottom of the box.
HOW HE USE THE DAR-CARD:
- A stock is in a rising trend when it is in its topmost box. As long as it remains there its price .fluctuations should be ignored and the stock is a HOLD.
- If the price of the stock moves above the top of this topmost box the stock becomes a BUY. A 10 percent stop-loss should be set on the first breakout.
- Having formed a new higher box, if the price falls below the bottom into the shaded area of this box the stock is a SELL.
- There is no reason to HOLD or BUY a stock that is not in its topmost box.
You Can Still Make It In The Market by Nicolas Darvas pdf
14 reviews for You Can Still Make It In The Market
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Leonardo McGee (verified owner) –
As a keen market observer and trader for 30+ years, Darvas’ techniques have withstood the test of time. All trend following methods are predicated on identifying support and resistance, making an initial trade on a breakout from a technical level, protecting against false moves with a stop-loss and letting profits run until the price action dictates your exit. Darvas reduces this to a simple to follow “Box” approach. While perhaps less sophistical than models that consider volume, moving average cross-overs and other technical indicators, this is an elegant and easy to implement approach that should keep you in for the ride and allow you to avoid major market corrections…IF ONE CONSISTENTLY FOLLOWS HIS RULES. nice easy read, but nothing earth-shatteringly new here.
Josephine Bennett (verified owner) –
I have read all of his books and he was a real independent thinker. His ideas are all still valid today!
Catalina Choi (verified owner) –
Classic Darvas; A method that works well in a bull market and keeps you out during a bear market.
Kayleigh Donaldson (verified owner) –
The first book , how I made 2 million is a classic and I reread it every few years. It has so many insights. This one is just a bit of a rehash. At this point Darvas was clearly frustrated by the 1970’s stock market. I think you could learn more by just reading the first one again, it was a fun read nonetheless .
Canaan Byrd (verified owner) –
Great book, simple and easy to use
London Keith (verified owner) –
Great book so far about Darvas trading system. Only thing I’ve seen so far is that there is not enough illustrated charts which I prefer. But clearly shows what the author method is.
Aliana Guzman (verified owner) –
great book to read, if your into darvas trading.
Jagger Travis (verified owner) –
For me his first book was a little too abstract. But, with this second book he really brings his theory down to Earth. He explains his investing strategy in practical terms; spells them out. This book is easily worth the $10 I paid for it, and will likely aid me in earning much more than that. Thanks to the author for his kindness.
Giselle Berger (verified owner) –
Darvas always kept it simple and so critical when in the market. Doesn’t hurt to learn from a successful trader
Byron Payne (verified owner) –
Good to read further about how Darvas viewed the 70’s and his quest about learning the current mindset of traders in the 70’s.
Jenesis Maynard (verified owner) –
I have been a successful trader for 25+ years and am a fan of the Darvas Method amongst many others. I suggest reading his initial book at first and then picking up this one. Are they the holy grail of trading books…no, but if you carefully read them and pick up many of the thoughts and techniques they will enhance your trading. In fact many other successful traders, some well known, have reffered to the Darvas books in one way or another.
Landry Bennett (verified owner) –
I love this book and am now using the Darvas Box as one of my main trading tools. It is amazing that a man with no computer experience and traveling all over the world using nothing but dated newspapers could figure out a box pattern as simple and practical still revelant nearly 50 years later. If you are serious about trading stocks please read every book you can find about Nicholas Darvas and his box trading tool.
Khari Bean (verified owner) –
A very good companion to his 1st book, How I Made $2M in the Stock Market, worth re-reading a few times!
Jude Stone (verified owner) –
Really easy to read and easy to apply as well in the stock ,are of today. Highly recommended. The best part is how to keep looking until the stock proves itself.