How I Made $2,000,000 in the Stock Market
Book description
Nicolas Darvas was a world famous dancer and a self taught investor. He had never considered investing in the stock market until he was paid in stock for a performance. That stock shot up in value and he realize that there was a great deal of money to be made…
Why read it?
2 authors picked How I Made $2,000,000 in the Stock Market as one of their favorite books. Why do they recommend it?
This is another book by a short-term trader. And it reads like a novel. It’s truly a fascinating book about making money in the stock market. Darvas is honest and talks about how lucky he has been on many occasions. What I love most is that this book is from 1960! It’s not a get-rich-quick scheme or whatever.
Darvas, who passed away in 1977, was actually a professional dancer who loved trading stocks. He didn’t try to sell his ideas. He simply wrote an honest account of how he made his money. Much of his knowledge on investing is self-learned,…
From Darius' list on investing for beginner and intermediate investors.
Darvas’s book How I Made 2 Million In The Stock Market wasn’t the first book I read, but it was the one that gave me the biggest confidence boost when I was trading part-time.
Darvas was a professional ballroom dancer who taught himself how to trade part-time back in the 1950s. Back then there was no internet, he drew his charts by hand, and transaction fees were over $100 in today’s money.
He saw not being glued to the market all day as his advantage and he leveraged it. He even threatened his broker not to call him in the…
From Michael's list on trading stocks part-time.
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