{"product_id":"how-i-made-2000000-in-the-stock-market-darvas-9789389716283","title":"How I Made $2,000,000 in the Stock Market | Nicolas Darvas","description":"\u003cp\u003eHow can a professional dancer master the stock market using a unique box system? \u003cstrong\u003eNicolas Darvas\u003c\/strong\u003e shares his legendary trading method in this classic book.\u003c\/p\u003e\n\u003ch2\u003eAbout the Book:\u003c\/h2\u003e\n\u003cp\u003eHungarian by birth, \u003cstrong\u003eNicolas Darvas\u003c\/strong\u003e trained as an economist at the University of Budapest.\u003c\/p\u003e\n\u003cp\u003eReluctant to remain in Hungary until either the \u003cstrong\u003eNazis or Soviets\u003c\/strong\u003e took over, he \u003cstrong\u003efled at the age of 23\u003c\/strong\u003e with a forged exit visa and fifty pounds sterling to stave off hunger in \u003cstrong\u003eIstanbul, Turkey\u003c\/strong\u003e. During his off hours as a dancer, he read some \u003cstrong\u003e200 books on the market \u003c\/strong\u003eand the great speculators, spending as much as eight hours a day studying.\u003c\/p\u003e\n\u003cp style=\"padding-left: 40px;\"\u003eDarvas invested his money into a couple of stocks that had been hitting their 52-week high.\u003c\/p\u003e\n\u003cp\u003eHe 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, \u003cem\u003eHow I Made $2,000,000 in the Stock Market\u003c\/em\u003e.\u003c\/p\u003e\n\u003cp\u003eThe book describes his unique \u003cstrong\u003eBox System\u003c\/strong\u003e, which he used to buy and sell stocks. Darvas' book remains a \u003cstrong\u003eclassic stock market text \u003c\/strong\u003eto this day.\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eHow I Made $2,000,000 in the Stock Market\u003c\/em\u003e | Nicolas Darvas\u003c\/p\u003e\n\u003ch2\u003eFrequently Asked Questions About \u003cem\u003eHow I Made $2,000,000 in the Stock Market\u003c\/em\u003e\n\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eQ:\u003c\/strong\u003e Is this book written by a professional Wall Street broker or insider?\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA: \u003c\/strong\u003eNo. Nicolas Darvas was actually a world-famous professional ballroom dancer who had absolutely no formal training or background in finance. He completely taught himself how to trade while traveling the world for his dance tours, proving that an everyday retail investor can find immense success using a strict rules-based approach.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eQ: \u003c\/strong\u003eWhat is the core trading methodology taught inside this book?\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA: \u003c\/strong\u003eThe book outlines Darvas’s famous \"Box Theory\". This is an early technical, momentum-breakout system where a trader identifies a stock consolidating within a strict upper and lower price frame (the box). A buy order is triggered only when the price breaks out cleanly above the top ceiling of the box on heavy trading volume.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eQ: \u003c\/strong\u003eDoes this book recommend buying penny stocks or following hot market tips?\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA: \u003c\/strong\u003eQuite the opposite. Early chapters chronicle Darvas’s catastrophic losses from chasing barroom tips, broker recommendations, and penny mining shares. The book is a warning against speculative hype, detailing how he abandoned public gossip entirely to build an independent system focused strictly on objective price action and company earnings.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eQ: \u003c\/strong\u003eHow does Darvas recommend managing investment risk and preventing huge drawdowns?\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA: \u003c\/strong\u003eThe cornerstone of Darvas's method is the fanatical use of automatic stop-loss orders. The moment he entered a breakout trade, he simultaneously placed an order slightly below his entry point. This mechanism completely removed human emotion from the equation, automatically cutting small losses quickly before they could grow into account-crippling drawdowns.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eQ: \u003c\/strong\u003eIs a 1960s strategy book still relevant to modern e-commerce and retail investors?\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eA: \u003c\/strong\u003eYes. Instead of relying on passing market configurations or specific economic environments, Darvas focuses on the timeless psychology of human crowds and supply-and-demand charts. The structural rules of momentum breakouts, trailing stop-losses, and strict risk control are highly transferable and actively utilized by modern stock, options, and cryptocurrency traders.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch2\u003eAbout the Author:\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eNicolas Darvas: \u003c\/strong\u003eHungarian Dancer\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eNicolas Darvas\u003c\/strong\u003e was a Hungarian dancer, self-taught investor, and author, best known for his book, \u003cem\u003eHow I Made $2,000,000 in the Stock Market\u003c\/em\u003e.\u003c\/p\u003e\n\u003ch2\u003eBook Data:\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eFull Title:\u003c\/strong\u003e How I Made $2,000,000 in the Stock Market\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAuthor(s): \u003c\/strong\u003eNicolas Darvas\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCondition: \u003c\/strong\u003ePre-Owned \/ Very Good\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePublisher \u0026amp; Imprint: \u003c\/strong\u003eGeneral Press\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAlternate Publishers: \u003c\/strong\u003eLyle Stuart (Original Publisher; widely reprinted by Sanage Publishing House and Citadel)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePublication Date: \u003c\/strong\u003eSeptember 1, 2020\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOriginal Publication Date: \u003c\/strong\u003eJune 1960 (Original Edition)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBook Binding: \u003c\/strong\u003ePaperback \/ Softcover\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEdition: \u003c\/strong\u003eTrade Paperback\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOption Binding Formats: \u003c\/strong\u003eTrade Paperback \/ Hardcover \/ Softcover \/ Library Binding\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrint Length: \u003c\/strong\u003e170 Pages (Other copies vary by reprint edition; up to 197-210 pages)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLanguage: \u003c\/strong\u003eEnglish\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eISBN-13: \u003c\/strong\u003e9789389716283\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eISBN-10: \u003c\/strong\u003e9389716284\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLibrary of Congress (LCCN):\u003c\/strong\u003e 60-10204\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrimary Genre (BISAC): \u003c\/strong\u003eBUSINESS \u0026amp; ECONOMICS \/ Investments \u0026amp; Securities \/ Stocks\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSub-Genres (BISAC): \u003c\/strong\u003eBUSINESS \u0026amp; ECONOMICS \/ Finance \/ Wealth Management; BIOGRAPHY \u0026amp; AUTOBIOGRAPHY \/ Personal Memoirs\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBook Dimensions:\u003c\/strong\u003e 8.5 x 5.5 x 1.0 inches\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWeight: \u003c\/strong\u003e8.8 oz (approx. 0.55 lbs)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eDiscover the legendary box theory trading strategy that generated massive wealth from market trends. Tap to explore Nicolas Darvas's classic book today!\u003c\/p\u003e","brand":"Bust-Down Books","offers":[{"title":"Default Title","offer_id":49957486297403,"sku":"9389716284","price":20.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0855\/2077\/7531\/files\/9789389716283.jpg?v=1777241771","url":"https:\/\/bustdownbooks.com\/products\/how-i-made-2000000-in-the-stock-market-darvas-9789389716283","provider":"Bust-Down Books","version":"1.0","type":"link"}