Market is not random but unpredictable
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Nicolas Darvas Price Action Trading Quotes
Nicolas Darvas was a professional dancer in the 1950s that developed a trend trading system for stocks that turned his $36,000 into $2.25 million between 1956 and 1958. He used price momentum near all time highs with buy stops and trailing stops to trade the highest momentum stocks during one bull market to compound money to an astounding amount. Inflation adjusted to 2020 buying power $2,250,000 would be $20,235,830. This shows how successful he really was. The full details of his story and trades were published in his book How I Made $2,000,000 in the Stock Market. Here are my favorite Nicolas Darvas quotes: “My ... (full story)