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How I made $2,000,000 In The Stock Market by Nicolas Darvas is one of the best-selling trading books of all time.

Despite being written about 60 years ago, it has some lessons to be learned.

Here are a few timeless lessons Darvas learned:

#trading $spy #tradingquotes $qqq
1/7
1. My estimate that I would be right half of the time could be optimistic.
2. I knew that I had to adopt a cold, unemotional attitude toward stocks; that I must not fall in love with them when they rose and I must not get angry when they fell.

2/7
3. I should not follow advisory services. They are not infallible.
4. I should be cautious with brokers’ advice. They can be wrong.
5. I should ignore Wall Street sayings, no matter how ancient and revered.

3/7
Read 7 tweets
Trading Quotes #1
“You are the most important variable in the trading equation.” – Mike Elvin, Financial Risk Taking
Trading Quotes #2
“I think one of my strengths is that I view all that has happened up to this point to be history. I really don’t care about the mistakes I made 3 seconds ago, What I care about is what I am going to do from the next moment on” – Paul Tudor-Jones. My Story
Trading Quotes #3
“The three elements of successful trading are: Cutting losses, cutting losses, cutting losses. If you can follow these rules, you may have a chance!” – Ed Seykota in Market Wizards
Read 52 tweets

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