Comments on: Nicolas Darvas: “How I Made $2,000,000 In The Stock Market” http://www.davidjenyns.com/trading/nicolas-darvas-how-i-made-2000000-in-the-stock-market/ The Complete Entrepreneur Fri, 03 Feb 2012 04:47:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: keith brooks http://www.davidjenyns.com/trading/nicolas-darvas-how-i-made-2000000-in-the-stock-market/comment-page-1/#comment-12217 keith brooks Fri, 03 Jun 2011 21:28:23 +0000 http://www.davidjenyns.com/?p=173#comment-12217 software is not neccessary but will always help.Darvas didnt use software but i admit it is hard to train your eye to watch the market. The comfort Darvas felt for using his system is why i like using Darvas box theory. Cut losses short and ride profits. "Never let the market pay for one's own luxury." I believe William O Neil told Gil Morales and perhaps Chris Kacher that when he make a mistake. Well good luck with your accounts. software is not neccessary but will always help.Darvas didnt use software but i admit it is hard to train your eye to watch the market. The comfort Darvas felt for using his system is why i like using Darvas box theory. Cut losses short and ride profits. “Never let the market pay for one’s own luxury.” I believe William O Neil told Gil Morales and perhaps Chris Kacher that when he make a mistake. Well good luck with your accounts.

]]> By: keith brooks http://www.davidjenyns.com/trading/nicolas-darvas-how-i-made-2000000-in-the-stock-market/comment-page-1/#comment-12216 keith brooks Fri, 03 Jun 2011 21:24:51 +0000 http://www.davidjenyns.com/?p=173#comment-12216 Although Darvas didn't use any software i strongly recommended protrader.com.au this is the best i have seen. it even puts the boxes in reverse for shorting. amateurs fail because they don't use good trading software. stop trying to rely on your own judgment and focus on the facts. a software is constant and as Darvas showed in his first book, humans are not. Darvas stocks displayed 10 times volume min so i think amateur traders always need to buy the best. most amateurs always feel a need to trade where as pros only go for the best trades and markets. Although Darvas didn’t use any software i strongly recommended protrader.com.au this is the best i have seen. it even puts the boxes in reverse for shorting. amateurs fail because they don’t use good trading software. stop trying to rely on your own judgment and focus on the facts. a software is constant and as Darvas showed in his first book, humans are not.

Darvas stocks displayed 10 times volume min so i think amateur traders always need to buy the best. most amateurs always feel a need to trade where as pros only go for the best trades and markets.

]]> By: David Jenyns http://www.davidjenyns.com/trading/nicolas-darvas-how-i-made-2000000-in-the-stock-market/comment-page-1/#comment-738 David Jenyns Tue, 21 Jul 2009 22:59:16 +0000 http://www.davidjenyns.com/?p=173#comment-738 Hi Morris, Great feedback... just a few points to clarify. 1. I know plenty of serious traders who put their money in managed funds and to be clear, I'm talking about small boutque funds investing in emerging economies not your average funds that are pegged to market indices. These funds are typically open only to sophistacated investors. 2. The Ultimate Trading Systems 2.0 was never meant to be the be all and end all of trading manuals... it's a stepping stone to ensure my clients start off on the right foot. I agree successful trading takes years to master. 3. You effectively said you can consistently make 200% p.a. easily. I'd like to see the metrics on such a system. I'm sure the drawdown would be beyond most peoples comfort zones and the # of trades would require you to trade it would be full time. That said, everyone has their own methods - I say if it's working for you, stick with it! Your trading coach, David Jenyns Hi Morris,

Great feedback… just a few points to clarify.

1. I know plenty of serious traders who put their money in managed funds and to be clear, I’m talking about small boutque funds investing in emerging economies not your average funds that are pegged to market indices. These funds are typically open only to sophistacated investors.

2. The Ultimate Trading Systems 2.0 was never meant to be the be all and end all of trading manuals… it’s a stepping stone to ensure my clients start off on the right foot. I agree successful trading takes years to master.

3. You effectively said you can consistently make 200% p.a. easily. I’d like to see the metrics on such a system. I’m sure the drawdown would be beyond most peoples comfort zones and the # of trades would require you to trade it would be full time.

That said, everyone has their own methods – I say if it’s working for you, stick with it!

Your trading coach,

David Jenyns

]]> By: Morris http://www.davidjenyns.com/trading/nicolas-darvas-how-i-made-2000000-in-the-stock-market/comment-page-1/#comment-737 Morris Tue, 21 Jul 2009 22:42:32 +0000 http://www.davidjenyns.com/?p=173#comment-737 David Anybody who is a serious trader would never put his money in a managed fund. I've read your ultimate trading system which I thought was good information for amateur traders looking to start trading, however if one is to become a serious trader and make a living at it you have to do constant research for sound stocks on the move. I disagree with you regarding the size of a trading account. One can easily make a $150,000 a year with a $50,000 dollar account, once he masters his trading skills. I am currently making 10,000 a month on a $30,000 account. Of course I trade on NYSE and Nasdaq. But to give you the benefit of the doubt I imagine you would need alot more if your trading on the Australia Exchange where the Volatility is a lot less. David

Anybody who is a serious trader would never put his money in a managed fund. I’ve read your ultimate trading system which I thought was good information for amateur traders looking to start trading, however if one is to become a serious trader and make a living at it you have to do constant research for sound stocks on the move. I disagree with you regarding the size of a trading account. One can easily make a $150,000 a year with a $50,000 dollar account, once he masters his trading skills. I am currently making 10,000 a month on a $30,000 account. Of course I trade on NYSE and Nasdaq. But to give you the benefit of the doubt I imagine you would need alot more if your trading on the Australia Exchange where the Volatility is a lot less.

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