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Book Review: Wall Street, the other Las Vegas

Wall Street: the other Las Vegas is perhaps Nicholas Darvas' second most popular publication, the first being How I Made $2,000,000 in the Stock Market (my review of How I Made $2,000,000 in the Stock Market is available here).

Nicholas Darvas was a professional dancer who grew an interest in the stock market after receiving payment by shares for a dance show in Canada. Nicholas went from repeated trading failure to banking around $2,000,000. Wall Street: the other Las Vegas, is written to provide additional information on how Darvas made his fortune and additional insight into stock trading in general. I suggest reading How I Made $2,000,000 in the Stock Market first.


Below is my review of Wall Street:the other Las Vegas...

It's a Darvas Classic

First of all, Nicholas Darvas is a great author (as well as trader and dancer!). His books are engaging and very well-written. I consider Wall Street: the other Las Vegas a classic and a must read. First read How I Made $2,000,000 in the Stock Market and you will be hooked.

It's Reliable

Nicholas Darvas was a retail trader, and a good one. The information in this book is invaluable. Darvas' approach to trading is the same approach that all retail traders should take; simple chart analysis, having a trading plan and being disciplined.

It's an Auto-Biography

Auto-biographies are so good. Trading auto-biographies are even better. Who doesn't want to read a traders story of how they went from trading loser to trading winner? Wall Street: the other Las Vegas will not disappoint.

It's a bit Repetitive

Okay, I suggested that you read How I Made $2,000,000 in the Stock Market before reading this publication but you will notice a lot of repetition. Darvas recounts the same stories in this book as his others, this may frustrate some readers.

Summary

If you enjoy trading auto-biographies, you'll love this book. If you want trading insights from a professional retail trader, this book is for you. If you have read Darvas' other publications then you'll not missing much if you don't read this book.

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.

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