Skip to main content

Book Review: How I Made $2,000,000...

how i made 2 million dollars in the stock market
How I Made $2,000,000 in the Stock Market is one of my all time favourite trading autobiographies. It covers the life of Nicholas Darvas, a dancer in the 1950's. Darvas' interest in stock trading and investing begun when he was paid in shares for a dancing gig in Canada. Soon after his '"payment" the owned shares rose in price dramatically, banking Darvas a handsome sum. Realising how much money could be made in stocks and shares, Nicholas Darvas decided to invest time and money into buying and sell stocks while keeping up with his dancing career. How I Made $2,000,000 in the Stock Market contains the record of Darvas' struggle to profitability, his trading achievements and the stock trading strategy he used to make
his money. Below is my book review of How I Made $2,000,000 in the Stock Market...

It's Plain and Simple

Nicholas Darvas was a dancer and a stock investor before becoming an author, his writing style is clear and his language is not flowery, this makes the book easy to read and very much to the point. I love trading books that are simple but fascinating, How I Made $2,000,000 in the Stock Market is one of those books.

It's Easy to Relate to

The story of Darvas and his road to profitability is very real and easy to relate to. Darvas makes mistakes, he loses money and eventually creates a strategy to trade the stock market. Many profitable traders could tell a very similar story.

Darvas' Strategy is Price Action Orientated

Darvas provides the details of his trading strategy and his approach to trading stocks, the back of the trading publication also contains some basic price charts. I am highly interested in technical analysis and use price action as the main analysis for most of my trading activities, I do have a biased 'bone' to price action analysis. Darvas' style was very much price action based, helping me to love the book even more.

Summary

If you like (or think you would like) trading autobiographies, then this book is for you. It relates a story of an individual and his journey to success.

If you would like to purchase this book, please use this link if you are in the UK or this link if you are in the US.

Comments

Popular posts from this blog

love-the-pips - Trading Signals Review

Samuel Morton is based in the UK. He is a full-time price action trader and the owner of love-the-pips.com, which offers price action courses, mentor-ship programs and trading signals for Forex. Samuel also manages his own trading fund, SM Capital.

Below is my review of Samuel's Forex trading signals, a review of his trading course can be found here.

The Top 5 Forex Price Action Sites - Reviewed and Listed

I have visited many price action trading websites over the past decade. Some I visit regularly, some have only been of use to me once or twice. I thought best to combine my experience and create a list of my recommended price action websites. I am aware that I have not visited all available price action websites, so apologies if I have missed any sites worth noting.

The Complete Investment Banking Course - Trading Course Review

The Complete Investment Banking Course is not a trading course. It does not offer insights into technical analysis, money management, trading strategies or provide other typical trading course content - I understand this. The reason why I wanted to take and review this course is that many financial traders have an active interest in investment banking and their role within equity, debt and other financial markets.

Below is my review of The Complete Investment Banking Course...