How I Made $2,000,000 in the Stock Market
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- Develop a disciplined, emotion-free approach to investing.
- Learn to identify and capitalize on strong market trends.
- Master the art of cutting losses quickly and letting profits run.
- Gain confidence in making independent investment decisions.
Nicolas Darvas’s “How I Made $2,000,000 in the Stock Market” is a timeless investment classic that continues to resonate with readers decades after its initial publication. This book offers a unique blend of personal narrative and practical trading advice, chronicling Darvas’s remarkable journey from a professional dancer with no financial background to a self-made stock market millionaire.
In this book, readers will learn:
• The fundamentals of Darvas’s “Box Theory” trading system
• How to identify and capitalize on trending stocks
• Techniques for managing risk and preserving capital
• The importance of emotional discipline in trading
• Strategies for combining technical and fundamental analysis
• How to avoid common investment pitfalls and overcome market challenges
Darvas’s approach emphasizes the importance of self-education and continuous learning in the stock market. He shares his experiences of reading hundreds of financial publications and reports, demonstrating how dedication and persistence can lead to remarkable results.
The book is structured as a chronological account of Darvas’s trading career, allowing readers to follow his development as an investor. This format provides valuable context for the lessons and strategies presented, making them more relatable and easier to understand.
Key sections of the book include:
• Darvas’s early mistakes and the lessons he learned from them
• The development and refinement of his “Box Theory”
• His strategies for stock selection and entry/exit timing
• How he managed his emotions during both winning and losing trades
• The importance of focusing on a small number of high-potential stocks
“How I Made $2,000,000 in the Stock Market” stands out for its honest portrayal of the challenges and triumphs of stock trading. Darvas doesn’t shy away from discussing his failures, making the book both relatable and instructive. His emphasis on emotional control and disciplined trading provides valuable lessons for investors at all levels.
This book is not just about making money in the stock market; it’s about the journey of self-improvement and the power of perseverance. Darvas’s story serves as an inspiration to anyone looking to achieve financial success through dedication, continuous learning, and innovative thinking.
Year Published
Publisher
Pages
Weight
Language
ISBN 10
ISBN 13
The book: "How I Made $2,000,000 in the Stock Market" Is perfect for:
• Beginner investors looking for inspiration and practical advice
• Experienced traders seeking a fresh perspective on stock selection and timing
• Anyone interested in real-life stories of financial success
• Students of market psychology and trading behavior
• Individuals looking to develop their own trading systems or strategies
Meet the author
Nicolas Darvas (1920-1977) was a Hungarian-born dancer, self-taught investor, and author best known for his book “How I Made $2,000,000 in the Stock Market.” Trained as an economist at the University of Budapest, Darvas fled Hungary in 1943 during World War II. He later formed a successful dance duo with his half-sister, touring internationally. While traveling, Darvas developed a keen interest in the stock market, creating his innovative “Box Theory” trading strategy. Using only weekly editions of Barron’s and telegrams to his broker, he claimed to have turned $36,000 into over $2 million during the 1957-58 bull market. Darvas’s unconventional approach combined technical analysis with a focus on emerging industries and high-growth potential stocks. His success story, though controversial, inspired many investors and led to several more books on investing and success. Beyond finance, Darvas also explored ventures in fashion, theater production, and real estate