I am surprised that more quotes from legendary trader Nicolas Darvas are not available online. I hope this post helps this problem. After reading hundreds of trading books, How I made $2,00,000 in the Stock Market by Nicolas Darvas continues to be one of my all time favorites. The book covers almost all the basic […]
My 10 Favorite Nicolas Darvas Quotes Read More »
How many times has this happened to you? You tell your co-workers, family, or friends about your trading, and after a gasp they say, “Oh my, isn’t that gambling?” You try to assure them that no, you are not a gambler, you are a trader. You have a winning system, and you make money over
Are You a Gambler or a Trader? Read More »
One place that stars out 100% equal opportunity are the markets. The stock, currency, future, option, and commodity markets do not care about your race or gender. It does not ask you to feel out a resume to see if you are qualified or educated enough to make money trading. It is one of the
Equal Opportunity Market? Read More »
New Trader, Rich Trader has been called “The Rich Dad, Poor Dad of trading books”. I wrote this book after reading hundreds of books on trading and reviewing them all on Amazon. The purpose of this book was to combine the universal principles used by successful Rich Traders into one book. This book was given
The Rich Dad, Poor Dad of Trading Books? Read More »
I truly admire author and trader Darrin Donnelly for bringing the system that Nicolas Darvas used to make over $2 million in the stock market into modern times by really setting more precise metrics for the Darvas system. He uses moving averages we have today to look at possible price supports in addition to the
The Darvas System in a Nutshell Read More »
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management while executing many of these trades is not what many traders would want, we can see many of these
Top Ten Trades of All Time Read More »
John Boik’s book Monster Stocks is in the lineage of Willaim O’Neil and Investors Business Daily and the CAN SLIM investment style. Not only has Mr. Boik written books about how legendary traders made millions in the stock market, but he also wrote this book about the stocks that made many traders a great deal
The Anatomy of a Monster Stock Read More »
You have a great stock you want to buy but it is in a sharp uptrend. It has already formed a price base and broke out and has been in a continuous uptrend making higher highs and lower lows. Where do you get on board? What is your second chance entry? Well you can wait
The 2nd Chance Entry Point if You Missed the Breakout Read More »
Investors Business Daily has spent many years of in depth research to determine what works and makes money in the stock market. Below is a summary of their research from 1880 to present day. Also a video is included that summarizes these principles. Buy high and sell higher. Sell short when a stock has gone
Ten Principles for Successful Stock Speculation via IBD Read More »
Here are the 18 principles of successful trading that I have learned from the study of rich traders and my own successful trading in the markets over the past 30+ years. Some of these principles will seem counter intuitive and may leave new traders scratching their heads until they fully understand what they really mean.
Rich Trader’s 18 Principles for Trading Success Read More »