How Nicolas Darvis Made $2,000,000 in the Stock Market

The Nicolas Darvis story is important for every stock investor. He has inspired traders for many generations throughout countless countries. He made his fortune without the help of computers, mobile phones, fax machines, CNBC, Bloomberg or any of the technology we have today. He only had access to end-of-day data and a weekly copy of Barrons! All of his trading decisions were made while he was traveling & dancing, not sitting watching a live data screen all day. Time magazine ran an article on him in 1959 espousing his extreme success at such a young age. Starting with an account of only $10000, Darvas amassed a fortune of over $2.2 million dollars. Putting this into context, these were 1959 dollars and would be equivalent to over $20 million dollars today.

The Fundamental & Technical Rules of Darvis
Darvas method is a momentum and fundamental based stock selection method. The Darvas technique is ideal for working people. The concept negates the need for sitting in front of a computer and watching the market. Darvas had a complete set of rules and filters. He was only interested only in stocks that doubled from 52 week low.
Darvas potential stocks can be found in every bull market by doing a scan that looks for stocks that have doubled from 52 week low and that are within 15% of 52 week high. A great source to start is Investor’s Business Daily IBD 50 list published every Monday. This is the list of the current CANSLIM stocks.

Past Perfomance is not necessarily indicative of future performance

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