The problem solvers of today’s world talk only of finding opportunity when you ‘think outside the box,’ but maybe it’s time to step back in. When you apply the battle tested trading techniques of Nicholas Darvas, you’ll find a new way to analyze and select stocks that are either breaking up and out or breaking down and out, which can provide significant profits. Suddenly ‘the box’ doesn’t seem like such a bad place to be.
In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business. He was in the middle of a world tour, dancing before sell-out crowds. At the very same time, he was on his way to becoming a Wall Street legend, buying and selling stocks in his spare time researching only in Barron's weekly newspaper and using telegrams to communicate with his broker. However, Darvas turned a $36,000 investment into more than $2.25 million in a three-year period. Many traders argue that Darvas' methods still work, and modern investors should study his 1960 book, "How I Made $2 Million in the Stock Market".
Darvas' theories have been translated to Trade Navigator’s TradeSense language, ready to use. Plug in and get started.
With 1 ready-to-use strategy, 1 template, 6 indicators and 3 studies – The Darvas Box Library will have you thinking inside the box and loving it.