SFMc01 358 posts msg #153321 - Ignore SFMc01 |
7/29/2020 9:02:05 AM
Is anyone willing to share a filter for a Darvas Box that they believe is fairly accurate in representing how Darvas selected his candidates? I'd like to "play" with it adding some criteria I might develop to narrow down the stocks selected?
Thanks,
Steve
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wantonellis 161 posts msg #153323 - Ignore wantonellis |
7/29/2020 9:32:15 AM
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xarlor 581 posts msg #153324 - Ignore xarlor |
7/29/2020 12:41:44 PM
Here is a pretty good Darvas Box filter from miketranz and updated by dmewbourne
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Mactheriverrat 3,153 posts msg #153331 - Ignore Mactheriverrat |
7/29/2020 10:38:03 PM
Interesting!
draw darvas box
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miketranz 961 posts msg #153333 - Ignore miketranz |
7/30/2020 8:39:51 AM
Here's some interesting notes on Nicolas Darvas.He was a professional dancer,who purportedly made $2,000,000 in the stock market back in the 50's,deploying what is know today as momentum trading.What he basically did was buy high flyers,stocks moving up/breaking out of what he called "box's".He would place orders "on stop" to buy,then place a stop loss order right under his buy point.Using tight money management skills kept him in the game long enough to hit a few really big winners.The first one was E.L.Bruce.He cleaned up when the stock was halted/short squeezed to the tune of $295,000.Nice money in the 50's.There are charts in the final pages of his book that will visually explain his trading methods.Great read,highly recommended.Miketranz...
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nibor100 1,031 posts msg #153345 - Ignore nibor100 |
8/1/2020 12:27:17 PM
To replicate the Darvas approach from his 1st book, the filter would have to find stocks that have just exceeded their all time highs on a weekly basis, with a jump in weekly volume and Darvas had no minimum volume parameters for liquidity,
A close study of the charts at the end of the book and some of his earlier text can provide all of the necessary clues to how he traded while pursuing his dance career overseas.
Ed S.
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jimvin 173 posts msg #153347 - Ignore jimvin modified |
8/1/2020 2:29:02 PM
Link to Darvas' book; downloadable in PDF format (virus free; no login, no subscription required...):
http://0104.nccdn.net/1_5/2d1/36f/0ee/How-I-Made-2-Million-in-the-Stock-Market_klse2u.pdf
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