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

I had previously purchased this book, lent it out and didn't get it back.
I repurchased this book and read it again. I enjoyed the book and reading about Nicholas Darvas a lot. It is an easy read and added to my knowledge of investing. It was just a good book. It had been mentioned in the investing newspaper Investors Business Daily several years ago is why I initially purchased it. By the way, I Googled Nicholas Darvas. He died at relatively young age of 58.
If you purchase it, I think you will enjoy it also.

I love this book and wanted the Kindle Edition. Mr. Darvas was a genius and I have used his methodology to make alot of money over the years. If one reads the book several times and follows his methods to a "t" he/she will make money.

But not easy to replicate today. Markets have changes significantly since the publication of this book. The author could very well have benefited from a secular bull market at the time and which accounted for most of this returns and 2 million dollars.

You can never read enough of that small % that came from nothing and made a killing in the market. It also puts in perspective on how much more tools we have today to make decisions and design our trading plans with just a click of a button....

I'm a part time trader who utilizes mainly technical analysis to trade momentum stocks in a 1 week to 2 month time frame. This was one of the first books that got me interested in using technical analysis. I have recommended this book for all my friends interested in trading.

This book is a good primer for anyone interested in learning more about technical analysis.This book is not going to give you great fundamentals or teach you about technical analysis but gives you a good story on how Darvas improved his trading and made a tremendous amount of money.

The techniques that Nicolas Darvas used to generate massive gains are just now being shown true in such places as the Journal of Finance. CNN shows such as Cramer’s Mad Money don’t win according to Neumann, John, and Peppi Kenny, 2007, Does Mad Money make the market go mad?, Quarterly Review of Economics and Finance 47, 602-615. Investment newsletters in general show no ability to beat the market according to Harvey (1996 & 1997), Graham (1999), Metrick (1999), Jaffe and Mahoney (1999), and Kumar and Pons (2002). The tendency for stocks that perform the best (worst) over a 3- to 12- month period to continue to perform well (poorly) over the following 3- to 12- month period was further confirmed in Aness, C.; T. J. Moskowitz; and L. Pedersen. “Value and Momentum Everywhere” Journal of Finance, 68(2013), 929-985. The momentum Anomaly is the only one that has persistently been shown to beat the market since its publication by 12% annually according to Schwert, G. W. “Anomalies and Market Efficiency,_ in Handbook of the Economics of Finance, Vol. I, G. M. Constantinides, M. Harris, and R. M. Stulz, eds. Amsterdam, Netherlands, Elsevier (2003) 939-974. This is a small list of studies that confirm the validity of the Nicolas Darvas methodology. If you are an investor ignore this book to your peril.

Kind of antiquated now, but still a good story. The author tells the story of how he made a fortune in the markets - $2 million in his time is probably more like $10-$15 million now. He started by investing based on tips, then on fundamentals, and finally by combining technicals and fundamentals. It's educational and very readable. The amazing thing is how little Wall Street and the investing world have changed since Darvas made his fortune in the 50s.

Excellent book on a trading method combining momentum investing with some fundamentals. Amazing he pulled this off while travelling globally as a ballroom dancer! I wish he explained his method a little more clearly, though, the "Darvas Box" concept is a little vague and hard to apply without knowing the exact specifications. And he only very briefly mentions income taxes, and yet when he talks about how he made his money, he never actually mentions the huge tax bill he must have paid, he just re-invests the money in another stock.

The book is an easy read, but his method is only for very advanced stock traders, since it involves margin trading and going all-in on one or two stocks at a time, the risk is extreme even with his stop-loss method due to price gaps on the open.

Excellent book. The story (prior 2 success) is more or less similar for all non-professional traders. The book doesn't provide any type of technical tool or chart technique, even Darvas box isn't explained properly. But provides the most important lesson in controlling emotions, self-control.

Great read... Got the Title from W. O'Neil list. So many lessons in this compact book... Cut your losses, protect your capital, expect to be right 1/2 the time (hopefully), there are no good or bad stocks- just ones that increase or decrease... Wall Street creates a "haze" that is intoxicating and should be avoided, don't give up, and finally- stick to your rules... Thx!

I nearly made 4x times on my trading capital between 2003 & 2005 following the Darvas approach. The method works best in a strong market but will show profits in weak markets. This book is a must read for all traders and compliments other great books by Livermore, Wychoff, O'Neil, Baruch, Loeb. All these traders bought new highs and avoided bottom fishing cheap stocks. Read this book and read the Investors Business Daily everyday and you will win big over time.

The book is quite great. I chose that rating because it is simple, clear and precise to any beginner in the stock market. Kudos!!
Maybe at the end of the book you could recommend more books written by the same author.
Thank you.

This book gives the best example of leaving your emotions out of the stock market. Darvis was across the Atlantic trading via cables (telegrams). How far away do you need to be?
He also explains how he purchased stocks using what he calls "boxes". It's basiclly a trading range a stock goes through until it breaks out of the box (rise) or falls out of the box (decline)
Great book!

My style of trading is not similar to Darvas' style, so I didn't learn too much to help me in that respect, but others might. His style closely resembles William O'Neil's CANSLIM trading system.

However, outside of his trading system, the book is well written and engaging. Darvas well conveys the problems with trading and many of the impediments to making money. I'm sure many of us will see something of ourselves in his mistakes, and thus be able to learn something. This is a great book for any beginning investor.

It is a good read, entertaining while informative about the stock market. This book is unlike other books about the stock market. It is rare to show that human emotions at play when comes to investing in the stock market.

Interesting read. It's more of a motivational book. Like a story. And it delivers in that respect. Definitely recommend it for those fringe investors who need a pep talk every bit of the way in their investing journey.

Nicolas Darvas's famous tale of investing is a must read for anyone trying to get better than average returns and more interested in true growth investing as apposed to the retiree oriented "Portfolio" management. Darvas' background as a dancer is as far away from a trading desk as they come, and through his perplexing journey with the market he comes to an epiphany and finally gets a "feel" for the market, after making virtually every mistake a newbie can make. It's a great story and a must read for any growth investor.

*****If your looking for a more detailed way to invest like Darvas I highly recommend William J. O'neil : http://www.the store.com/Money-Stocks-Complete-Investing-System/dp/0071752110/ref=sr_1_15?ie=UTF8&qid=1444061639&sr=8-15&keywords=How+to+invest+in+stocks

I think that almost anyone reading this book will be struck by how much the market is still the same now as it was then despite how much has changed in the way it is traded. I had several "aha" moments and I think I will see the market differently now that I have read this book. I wish I had read it many years ago. Easy read and quite enjoyable.