How I Made Money Using the Nicolas Darvas System, Which Made Him $2,000,000 in the Stock Market

by Steve Burns

This book is dedicated to my stock trading mentor,Nicolas Darvas. Although I never met him, he has taught me more about stock trading and investing than anyone else. I hope this book does justice to his investing principles and memory.

Steve Burns



Introduction

Who was Nicolas Darvas?

Understanding the Game

Thinking like Nicolas Darvas

Entering the Game

Learning from Losing

How to Manage your Risk

My Darvas Stock Trades

Winning the So you want to trade

like Nicolas Darvas?

Rules,

Conclusion

Awesome work!
This quick read is full of golden nuggets of market wisdom and I encourage everyone to learn from those who have been this successful...Darvas and Burns alike...this is must read to add to any trader or investor's arsenal!
Timothy Sykes author of "An American Hedge Fund"
--- This books is powerful because it simplifies a subject that many people find hard to understand. This book offers people a clear strategy for becoming financially free.
Keith Cameron Smith- Author of The Top 10 Distinctions between Millionaires and the Middle Class.
--- "Steve Burns wants you to follow the trend and make money. That is a good thing. Listen up! Michael W. Covel Bestselling author of 'Trend Following' & 'The Complete TurtleTrader'

Genres: Ebooks, Audiobook

70 pages, Kindle Edition

First published August 17, 2010

About the author

Steve Burns has been investing in the stock market successfully for over 20 years and has been an active trader for over 14 years. He is the author of six books and ranks near the top 500 of all reviewers on Amazon.com. He has been featured as a top Darvas System trader and interviewed for the Wall Street Journal blog, Traders Magazine, and Michael Covel. He has also been a contributor to Traders Planet, ZenTrader.ca, and SeeitMarket.com. He lives in Nashville, TN with his three children, Janna, Kelli, and Stephen III. He trades his own personal accounts.

Reviews

[Tony WANG · Rating 3 out of 5]

“Darvas Box System - buying into the market only during uptrends and going back to cash in downtrends.”

“Educate yourself: buy into strength/uptrends and sell into weakness/downtrends.”

“Be aggressive in bull markets and cash in in bear markets.”

“Going against the majority and buying a stock while it is declining is a good way to pay ‘stupid’ trader tax.”

[Balamurugan · Rating 2 out of 5]

A very short read and can be completed in one sitting. There wasn't much to take away from this book except the last chapter where he summarizes the rules of Nicolas Darvas system. It was more like a trader's journey and narrates how his system evolved.

[Sjors · Rating 1 out of 5]

I came into a stack of finance & investing self-help books and will be doing some skim-reads and reviews. I judge these books along 3 axis: Competence / Usefulness to me / Would recommend. Books containing misleading information and factual errors tend to get 1 star. Books that are well-written, but not particularly useful to me get 3 stars. The best of the best get 5 stars. Now to this book.

COMPETENCE - Low*
USEFUL TO ME - No
RECOMMEND - No
JUDGEMENT - 1 star

*Author takes ages to come to the point and the point is: "buy stocks that are in an uptrend during a prolonged bull market". Ho-hum.

[Carl Muanya · Rating 3 out of 5]

I would say this is a good book very short that gives perspective on the Darvis way of investing. It won’t give you exact practices like actions to make on technical charting, but it will give you the principle in which you should act to follow the Darvis method which will make you successful in the marketso overall, if the Darvis method is not known to you already, it is a great read

[Ebert Mahon · Rating 5 out of 5]

Another look at Darvas methods

Quick, focused view of Vargas' trading method and how to apply it trading. Good to read about these methods from another traders view.

[Mohit · Rating 1 out of 5]

So much wait for the last chapter. Its quite repetitive for most of the time.