Darvas methods?

Hume1515 · Nov 13, 2006

Quote from gallas2:

Excellent book and I agree with above - His discipline is to be admired --- the best part of the book is him walking around (Paris?) deciding not to sell a huge winner -- touching a card he had written in his pocket each time he had the urge to call his broker and sell.

I read this book a few months ago as the steel stocks were running and was able to hold on quite a bit longer than normal having read the book (see chart with Darvas boxes).

Does anyone have the .ela file for old SC4.0? I see the code - but have no powereditor.

TIA

It's the best book I have ever read about stock trading.

flytiger · Nov 13, 2006

didn't look at all the posts, so forgive me if this is repeated.

Turn CNBC off. Remember he goes to Asia, I believe. He gets Barron's late, etc. Goes back to NY, sits in the brokers' office, and loses his ass.

CNBC is poison.

Hook N. Sinker · Nov 13, 2006

I do not remember Nicholas Darvas writing much about how much risk to use when planning a trade. I remember one of his trades - the one with warrants - as a very risky trade.

I recall reading Nicholas Darvas' book many times. Darvas' ability to hold a position and follow the trend is an inspiration to me.

Hume1515 · Dec 23, 2006

Quote from Lucjs:

From his book "You can still make it in the market"
Under "About the author" :
"Before his death in 1977,..."

So he died in 1977 and not in 1979.

There is another interview of Darvas in a Canadian film "La bourse ou la vie"; you can see a short excerpt here (the first guy speaking French is Nicolas Darvas) :
http://www.nfb.ca/trouverunfilm/pla...00&url=http://cmm.onf.ca/extraits/e676_el.ram

Very sad the link doesn't work anymore. I could like to see how Darvas looked in real life.

trend_guy · Dec 24, 2006

It took me 5 or 6 reads before I realized "the key" to Darvas' stock selection process... it's funny because he barely discusses it and most of his readers think the boxes and the stops are the break through information... you may want to re-read the book and see if you can pick up what I did.

infolode · Dec 24, 2006

Wasn't Darvas under fire for fraud and doctored transactions before his death?

Don't shoot, it's just a question.

infolode · Dec 24, 2006

Quote from Hume1515:

Very sad the link doesn't work anymore. I could like to see how Darvas looked in real life.

It worked for me, check your plugin.

infolode · Dec 24, 2006

Darvas box:breakout/ trend support/resistance buy/sell

Better still--author a book.

http://www.sethi.org/investments/darvas/index.phtml

http://www.darvasboxes.com/

I have no affiliation or ulterior motives for posting these links

...just some things I found while cleaning out my cache

addendum: There's nothing new under the sun here. Darvas used a visual process with rules, nothing more.

Hume1515 · Dec 24, 2006

Quote from trend_guy:

It took me 5 or 6 reads before I realized "the key" to Darvas' stock selection process... it's funny because he barely discusses it and most of his readers think the boxes and the stops are the break through information... you may want to re-read the book and see if you can pick up what I did.

It would be more easy if you told us it here...

Hume1515 · Dec 24, 2006

Quote from infolode:

Wasn't Darvas under fire for fraud and doctored transactions before his death?

Don't shoot, it's just a question.

No, I don't think it's true.