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How I Made $2,000,000 In The Stock Market

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Overview

2011 reprint of 1960 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as ...
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HOW I MADE $2,000,000 IN THE STOCK MARKET - A Wall Street Classic, The Darvas System for Stock Market Profits (Plus BONUS Entire Audiobook)

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Overview

2011 reprint of 1960 edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying.Darvas invested his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron's Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique "Box System", which he used to buy and sell stocks. Darvas' book remains a classic stock market text to this day.

Describes a unique investment approach that made the author a millionaire -- and that works regardless of whether the market rises or falls.

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Product Details

  • ISBN-13: 9781614271697
  • Publisher: Martino Fine Books
  • Publication date: 9/8/2011
  • Pages: 190
  • Sales rank: 403,263
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.44 (d)

Customer Reviews

Average Rating 4
( 14 )
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Sort by: Showing all of 14 Customer Reviews
  • Anonymous

    Posted May 17, 2000

    I'm on my 3rd time reading this book.

    It's gives good advice AND fun to read. I agree totally with the other 2 reviewers here. The use of the stoploss to limit losses is a key point the author makes. The author tells you to focus on a handful of good companies' stocks and just check their prices daily. Soon you get a 'feel' for the stock's behavior and many are predictable. Then you can play the ups & downs. I've done it myself and it works.

    2 out of 2 people found this review helpful.

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  • Posted November 17, 2008

    more from this reviewer

    I Also Recommend:

    Inspired my own trading and writing

    Having read every book I could find on all aspects of trading and investing, I have retained only seven books as lasting inspirations on my 'trading bookshelf'. This book is one of them, and it has also been one of the major inspirations behind the writing of my own stock trading book. If you ignore the 'old world' aspects -- i.e. his trading by 'telegram' -- you will find that the underlying trading lessons are timeless.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted January 7, 2008

    One of my favorite Stock Trading books

    This is one of my favorite Stock Trading books, alongside Nicholas Darvas's other book 'Wall Street, The Other Las Vegas'. Don't be put off by the fact that some of the information sounds dated (he traded by sending telegrams). The techniques are timeless.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted June 17, 2006

    worked for him works for me

    I had heard about Nicolas Darvas and that he was a great trader but I was not sure about this book at first due to it's title, but after reading how I made $2,000,000 in the stock market I am happy to say it is well worth it. I use his method mixed with some more modern technical indicators (only one) that can be found on most charting programs to help confirm my trades. To sum it up this is a great read and you will learn a great and easy to understand method for buying and selling stocks.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted August 26, 2001

    His Personal Story

    Darvas would emphasize to others that this method is the way that worked for him and he makes no statement about what it can do for you. It is a great story. It is my basic inspiration. I should point out that several key areas are left vague and therefor up to you. What is 'good rythm'? When do you leave more room, or less room, to maneuvre? You can adopt his basic insight but the final specifics you will need to hammer out yourself. Good luck!

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted February 23, 2001

    He really did it!

    I was impressed that with his simple techniques, in the 1950's, he was actually able to make this money. One of his best pieces of advice: don't listen to advisory services, tips, or brokers. I summarized his rules and I keep them in a prominent place for easy reference. Similar to William O'Neil's CANSLIM method without modern tools like charts.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted February 8, 2014

    Awesome Book!

    I loved this book. I've been trying out the strategy put forth in this book, along with some modern day chart reading skills, and my portfolio is definitely up due to it. Woohoo!

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted June 11, 2012

    Highly Recommended - you must check it out!!

    Highly Recommended - you must check it out!!

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