Customer Reviews

How I Made $2,000,000 in the Stock Market

5 star:		(43)
4 star:		(13)
3 star:		(1)
2 star:		(4)
1 star:		(3)

 

 

This book details the trades of an investor/trader who turned a small stake into $2 million in 18 months. As with most successful investor/traders he survived years of failure before developing a system and the discipline to adhere to that system which would make him rich. This is NOT your typical "I get rich by selling the book" publication. This is real, and readable.

Marvel tell tale of a determined trader who went big and bold on trades through undulating learning curves to find his success.

A bookseller gave me a copy of Darvas' book with the comment "Read this if you get a chance--it almost seems possible". This book changed my life. I never had any interest in the stock market until I read this book. Darvas made every mistake but kept on and finally came up with a method of buying stocks that really works. This edition is great because it has a section at the end of the book entitled Questions and Answers that did not appear in the original hardback edition. By the way Darvas was Hungarian and he pronounced his name DAR-vash not DAR-vas. This is a must read.

The three reasons why this 40 year old book is still the most exciting stock market story ever told are: 1) Mr. Darvas's innate storytelling acumen, 2) his honesty about his hubris and gullibility, and 3) the happy ending, in which he hits the jackpot. Best of all, he wins because of his determination, not a fairy godmother. This book is a must-read for individuals considering managing their own money, but investors and speculators should beware that it was written strictly for your entertainment; Mr. Darvas makes no attempt to teach the reader how to achieve his enviable profits. For those who wish to try, do so at your own risk (I must confess: I am trying. Wish me luck!)

If one looks at the biggest winners of the past several decades, one finds that practically all show the same "chart behavior" that he writes about in his book. Learn from the past. A word of caution to value-oriented investors: This will probably be a waste of your time. But for the person who naturally gravitates to growth stocks, and who doesn't shy away from a stock due to its high valuation, this is second only to William J. O'Neil's "How to Make Money in Stocks" as the best book written on how to use charts to limit risk, yet expose yourself to each year's big winners.

This is a nice little motivational book. Darvas went from an absolute novice who knew nothing about stocks to a millionaire in a short period of time. He basically stumbled upon simple price/volume technical analysis without realizing it. The lesson to be learned here is unemotional discipline, which Darvas clearly points out that he did not have at times and shows you the disasterous results. His trades are followed in detail along with the mindset that went along with each one. Surprisingly he really didn't diversify that much. There are no groundbreaking techniques here, but it is a fun read.

This is an excellent book for people for people getting into investing as it's put into easy-to-understand terms (most of it anyway, with the exception of some financial ratios). The only minus is the number of obvious typos in here, which should have been caught before being published.

I DON'T NEED TO GO ON AND ON ABOUT HOW GREAT THIS BOOK IS, BUT JUST ONE THING SUMS IT UP...I HAVE READ DOZENS OF STOCK MARKET BOOKS, BUT NONE AS GREAT AS THIS AND IT TOOK ME FROM LOSING IN THE MARKET TO WINNING...ITS THAT SIMPLE.

I love this book! Forget theories! This guy did it--what better way is there to learn?

Being that I am a BIG fan of modeling (NLP) it makes sense for me to get so excited about such a book...but all excitement aside...I recommend this book to anyone who invests money in the market.

If you were to apply the principles outlined in this book and get great results I would not be surprised. I wish you much success!

Zev Saftlas, Author of Motivation That Works: How to Get Motivated and Stay Motivated

The evolution of the little trader from clueless to breakeven to profitable. A must read for educational and inspirational purposes. His box breakout can be interpreted in many ways which will force you to think about it, though his true edge is reglious use of stops and hanging on to winners.