Newsletter   Secure Checkout   Shopping Cart (0 Items)  
Search:    Welcome Guest! Save up to 30-40% on most items with our awesome everyday discounts!

How I Made $2,000,000 In The Stock Market [Paperback]

By Nicolas Darvas (Author)
Our Price $ 6.99  
Retail Value $ 9.99  
You Save $ 3.00  (30%)  
Item Number 178301  
Buy New $6.99
Available on the Internet only.

Alternate Formats List Price Our Price Item Number Availability
Hardcover $ 24.99 $ 17.49 178302 In Stock
Paperback $ 5.15 $ 5.15 1062018 In Stock
Paperback $ 9.99 $ 6.99 178301 In Stock
Paperback $ 9.99 $ 6.99 178428 In Stock
Paperback $ 8.27 $ 8.27 584969 In Stock

Item description for How I Made $2,000,000 In The Stock Market by Nicolas Darvas...

How did a world-famous dancer with no knowledge of the stock market, or of finance in general, make 2 million dollars in the stock market in 18 months starting with only $10,000? Darvas is legendary, and with good reason. Find out why.

Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at!

Item Specifications...

Studio: BN Publishing
Pages   200
Est. Packaging Dimensions:   Length: 9.5" Width: 7.4" Height: 0.5"
Weight:   0.53 lbs.
Binding  Softcover
Release Date   Oct 13, 2008
ISBN  9562914534  
ISBN13  9789562914536  

Availability  51 units.
Availability accurate as of Oct 25, 2016 01:46.
Usually ships within one to two business days from La Vergne, TN.
Orders shipping to an address other than a confirmed Credit Card / Paypal Billing address may incur and additional processing delay.

More About Nicolas Darvas

Register your artisan biography and upload your photo! Are You The Artisan or Author behind this product?
Improve our customers experience by registering for an Artisan Biography Center Homepage.

Product Categories

1Books > Special Features > New & Used Textbooks
2Books > Subjects > Business & Investing > General
3Books > Subjects > Business & Investing > Investing > General
4Books > Subjects > Business & Investing > Investing > Stocks

Similar Products

Reviews - What do customers think about How I Made $2,000,000 In The Stock Market?

Fun & Quick Read  Apr 20, 2008
In review of How I Made 2,000,000 In the Stock Market, I found the book to be overall worth the read. The story is about a young professional dancer who happens to begin trading in the stock market during the early part of the twentieth century. The book goes over a lot of the lessons he learns, some of which are applicable today and some of which are not.

A few key items to keep in mind are:

1. Learn to take a profit
2. Minimize your losses
3. Think about utilizing Stop Loss Orders when you purchase a stock.
4. Buy only appreciating stocks, never depreciating.

The author develops what I call "box theory" throughout the book. This translates to the author following a stock for a given period of time and drawing a high and a low point in which he expects the stock to trade inside. Once the stock breaks the top of a box (into the low of a new box) he will buy the stock.

If anything, I would recommend this book for the very begining person who is interested in making trades inside of the market. It's a fun read and very short. It might be a little dated where as the Internet has GREATLY changed the way we trade and the extension of how many people can obtain information quickly compared to the author, but most of his thinking still holds true today.
More like a pamphlet than a book, but still good...  Apr 20, 2008
Kind of antiquated now, but still a good story. The author tells the story of how he made a fortune in the markets - $2 million in his time is probably more like $10-$15 million now. He started by investing based on tips, then on fundamentals, and finally by combining technicals and fundamentals. It's educational and very readable. The amazing thing is how little Wall Street and the investing world have changed since Darvas made his fortune in the 50s.
A Must-Read Trading Book  Mar 26, 2008
This is one of the absolute "must-read" books for people who want to start trading. Do not expect to get a guideline how to get rich quickly when buying this book! The value of this book is the openness in which Darvas describes his way from a bloody beginner to a successfull trader, covering not only the sunny side but also in the faults he made when buying stocks and the mental aspects which impact traders when the market is against them.
The Diary of a Wildly Successful Trader  Mar 21, 2008
How I Made $2,000,000 In The Stock Market is one of those titles that comes up quite often in discussions of what books traders should read. Given how long its been in print, that probably should come as no surprise. While I won't personally go so far as to call it a must read, I definitely found it worthwhile.

First, be aware that this book - at least this particular edition - is quite short. It's only a bit over 100 pages, and a healthy portion of that is editorial addition tagged on to help further explain the author's story, along with some Q&A with Darvas tossed in. You should easily be able to get through it in one sitting.

Second, this book - again, at least this edition - was very poorly copyedited. There are formatting issues all over the place. It's not necessarily the easiest book in the world to read to start with, as the author's narrative leaves something to be desired. The formatting issues, don't help make for a particularly enjoyable reading experience.

Thirdly, you will note that I have used "story" and "narrative" in describing the text. That's exactly what it is. Nicolas Darvas was a professional dancer who performed all around the world. The book describes how he somewhat randomly got into the stock market, and then the progression he made to building a $2 million portfolio for himself. All of it takes place during the 1950s, so be prepared for the author to talk about cables and things that modern readers will have little to no point of reference on.

At it's core, How I Made $2,000,000 In The Stock Market is a trading diary. The bulk of the book is a discussion of the various trades the author made over about a 6 year timeframe. Some readers will find that interesting, others will yawn. But that's not what you read this book for, fortunately.

It is the developmental path Darvas takes from newbie to multi-million dollar trader - which the author interweaves with the discussion of his trades - that is the read value to be had from How I Made $2,000,000 In The Stock Market. Anyone who has gone through that developmental process as a market participant will immediately be able to relate, and those who haven't yet (or are just starting to do so) will see that even wildly successful traders went through their struggles.

In parallel with the author's discussion of his personal trading development is also the construction and refinement of his trading strategy. As is the case with most traders, he started on one path, but shifted course several times until he finally found the methodology which suited him best.

Darvas employed a combined fundamental and technical approach which is the core of the popular CANSLIM methodology outlined in How to Make Money in Stocks. It's not an exact thing in terms of application, as Darvas developed an entry/exit strategy based on what he called boxes, but a great deal of the preliminary set-up elements are very, very close. That philosophy is definitely something that works. I can personally attest to it myself, though I have never employed Darvas Boxes or anything like that.

The issue a reader might have, though, is that the outlining of this methodology isn't concisely presented. Rather, it's spread out over the course of the narrative, presented in bits and pieces over the timeline as Darvas refined his approach to trading. It would probably take a couple of readings to really get a handle on things.

Overall, I definitely think there's value to be had in How I Made $2,000,000 In The Stock Market. If nothing else, it proves that part-time trading can be extremely rewarding. As I commented above, it's not a great read as books go, but there are quite a few good nuggets in the text if you can fight through.
" Confused, excited lamb"  Mar 6, 2008
Nicolas Darvas says he used a techno-fundamentalist method based on the long term growth of a certain industry group and, specifically, the strongest stock in that group to make two million dollars in the stock market ( see page 117 of the book). But the book failed to provide satisfactory evidence of any fundamental analysis and his box theory lacks sufficient explanation. It all seemed a bit "airy - fairy " and judging by the questions and answers in the appendix so did a lot of other people.

Write your own review about How I Made $2,000,000 In The Stock Market

Ask A Question or Provide Feedback regarding How I Made $2,000,000 In The Stock Market

Item Feedback and Product Questions
For immediate assistance call 888.395.0572 during the hours of 10am thru 8pm EST Monday thru Friday and a customer care representative will be happy to help you!

Help us continuously improve our service by reporting your feedback or questions below:

I have a question regarding this product
The information above is incorrect or conflicting
The page has misspellings or incorrect grammar
The page did not load correctly in my browser or created an error.

Email Address:
Anti Spam Question. To combat spammers we require that you answer a simple question.
What color is the sky?
Leave This Blank :
Do Not Change This Text :

Add This Product Widget To Your Website

Looking to add this information to your own website? Then use our Product Widget to allow you to display product information in a frame that is 120 pixels wide by 240 pixels high.

    Copy and paste the following HTML into your website and enjoy!

Order toll-free weekdays 10am thru 10pm EST by phone: 1-888-395-0572 (Lines are closed on holidays & weekends.)
Customer Service | My Account | Track My Orders | Return Policy | Request Free Catalog | Email Newsletter

Gift Certificates
RSS Feeds
About Us
Contact Us
Terms Of Use
Privacy Policy