🔷 Introduction Nicolas Darvas, a dancer by profession and a self-taught trader, managed to turn a mere $36,000 into a whopping $2 million within an 18-month timeframe during the late 1950s. His approach to trading, now famously known as the Darvas Box Theory, primarily focused on trading stocks that were making new highs. But why was Darvas so fixated on these...
🚀 Introduction to the Darvas Box Strategy Nicolas Darvas, a dancer by trade, crafted a unique and potent trading strategy during his global tours, famously turning $36,000 into $2 million within an 18-month timeframe during the 1950s. His approach, detailed in his book "How I Made $2,000,000 in the Stock Market," revolves around the concept of the "Darvas Box"...
The average up strategy provides Huge wins, Small losses and Risk minimized. Use RANGE-CHART for this, so you could see the Buy setups more easily with less noise or time distortion. First You look for a buy setup, one that you believe that price should move rapidly from your starting buy point (you expect ab big relative move). Second You add up...
Darvas box trade explained with Swedish sterling as example. Where to put on the trade, where to put the stop loss and context. Context, swedish sterling is a stock with increasing trade volume, in a rising market and in a bullish sector with news of a recent patent filing to the european patent office. Swedish sterling A clean tech company, filing a new patent...