My experience on using Darvas Box
This is my first blog about stocks. First of all, if you have already read the book written by Nicolas Darvas named "How I Made $2,000,000 in the Stock Market", you will know what this box is, and I won't explain it here. After 1 month more practise(using my real money and make some dummy decision), I found that there are several points worth notice. Before going on, reader should alert that this is my experience, and this doesn't consitute to any suggestions and the writer(that's me) won't take any responsibilities regarding to this. 1. What the book said: when the price rises higher than previous top price, even if how small the new price exceeds, we should buy the stock at once. My experiences: This is correct, PROVIDED THAT the price flow before the "sudden rise" is flat. For example, if stock A's price range is: $0.6 - $1, and this range is formed for quite a long time, say from Jan 01 - Jun/Jul 01, and suddenly the price rise with high v...