Post
Topic
Board Economics
Re: The Darvas Box
by
Sunwew
on 15/08/2016, 12:08:20 UTC
That seems to be too good to be true. 5 times a year is like 400%. If it were so, everyone would be using this strategy and who would be left holding the bag then?

When in reality anything above 20% a year is considered a very good profit in the stock market
Nicolas Darvas made $2,000,000 in just 18 months! I'm telling you should learn how Darvas boxes work and look at stock market. It works.

We don't know (or you just don't say) what he started with to make this amount of money. If he got $100M for a start, that would be equal to the earlier mentioned 20% (which, as I said, is still a pretty good yield overall). Nevertheless, if you really believe that this strategy is as good as want us to think, why don't you take a loan in a bank and actually put the money where your mouth is?

You don't have any property and still want us to believe you?
Why are you talking like that? He started with $10,000 and wrote a book about it. What do you want me to do?

https://en.wikipedia.org/wiki/Nicolas_Darvas

I want you to actually read that Wiki article which link you just posted

Quote
Time magazine subsequently reported that the New York Attorney General had "thrown the book" at Darvas, charging that his story was "unqualifiedly false" and that it could find "ascertainable" profits of only $216,000. The action was the first to be taken under a broadened state law that banned fraud or misrepresentation in giving investment advice

Out of curiosity, do you really believe that if Mr. Darvas' system had been actually working, everyone wouldn't be using it? Even if it had been working in his time, it is a sure bet that now it is useless since any profitable system ceases to bring in profits once it becomes widely known
No. Darvas didn't use it with every stocks he saw. Fundamental analysis + Darvas Boxes can make you rich.  Not only Darvas Box. If you don't believe me, I don't care.