This is an excellent story about how the market really works.After several failures, he went through a severe period of introspection and began learning how the market worked.
![]() ![]() The Darvas Box is essentially consolidations after a stock breaks out and runs up. Darvas developedrefined his rules through post analysis while he was performing overseas (he was a ballroom dancer). The only access he had to Wall Street were overnight cables from his broker(s) and a weekly edition of Barrons. His daily cables helped him keep track of his individual holdings and his weekly edition of Barrons helped him isolate stocks that exhibited strong price and volume action. This kept him separated from the crowd and the various rumors which constantly plague the Street. ![]() We can talk for endless hours (perhaps weeks) with little avail to convince them otherwise. We also have readers that invest strictly on the underlying technicals and the same is true for them. Asking which is correct or incorrect is a futile exercise since there are an infinite amount of correct and incorrect ways to invest and trade capital markets. The key is to find the best strategy that fits your personality and trading habits and make it work for you. Adam provides weekly market updates to ChartYourTrade.com readers. He is a FORBES Contributor and is a frequent guest on all the major financial media outlets.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |