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Anatomy of Success - A Dancer Investment strategy. (Darvas Box) by steemflow

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· @steemflow · (edited)
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Anatomy of Success - A Dancer Investment strategy. (Darvas Box)
When you get into self Investments mode then you ought to get into a learning zone. *Books, Periodicals, Expert advice etc..* are few of the tools apart from own understanding to put your money into best product. But in case if you were asked to take some advice from a dancer, then you might find it funny. Learning a trading strategy from a dancer may not sound to be a healthy advice, however, when the dancer comes out to be **Nicolas Darvas**, then you must sit up and listen to his advice.


![strategy.jpg](https://files.peakd.com/file/peakd-hive/steemflow/23uFnuXjYWUrd7yExsGpy4pZji1aWTeHidKoNt7JnGEnxzHika3VvjU17UoirgSRHX4Qg.jpg)
*[src](https://mutualfunds.com/education/sin-as-an-investment-strategy/)*

## Who was Nicholas Darvas ?

*Nicolas Darvas* (1920-1977) is a famous dancer who amassed huge fortune through stock investment.

> *Nicolas Darvas was a dancer, self-taught investor and author. He is best known for his book, "How I Made $2,000,000 in the Stock Market."* *In 1943, he formed a dancing team with his half-sister Julia and together they became one of the most popular professional dancing duos in post-war Europe*.


![3.jpg](https://files.peakd.com/file/peakd-hive/steemflow/23wMcxmu9NzPEiyjiXYAsJeVFwqM3WPpj71xhgmxaanHg8Ss7XBs4VPP7K6ALMWReWmgK.jpg)
*[src](https://www.trendfollowing.com/nicolas-darvas/)*


During his free hours during their dancing tours, he read a lot of stock related books to educate himself in stock market trading. Later, the dancer developed a very efficient trading system of his own that allowed him to make over $2 million with an initial capital of just $36,000.


His approach towards stock Investments is completelly unorthodox. Due to lack of time due to his dancing commitments, he never took any trading advice or tips from broker rather, he made his own study.  He made a unique habit of giving attention to public sentiments rather than old school approach of studying company fundamentals like P/E Ratio or Dividend. 

He never let his lack of trading knowledge becomes an obstacle. He started to read books and publication from financial expert. He put a lot of hard work, preservrance, and conducted years of study of the market to built his own Investment model, which comes to known as **Darvas Box**


![Clipboard01-97cf120e8f474ae1b1ba580de263fead.jpg](https://files.peakd.com/file/peakd-hive/steemflow/23tHbg12D17KjdhdUe8DAzn5ZWyrT5CRrJvbvgFSHf8fsyoJbaozsYPFAuSDm83zWVZq1.jpg)

*[src](https://www.investopedia.com/terms/d/darvasboxtheory.asp)*

## What is Darvas Box ?

This model of investment strategy simply neglect the old school of trading learning I.e ***Buy In Dip***. This theory aims at stocks high and volume as key indicators. Nicolas approach was pretty simple, he screen stocks based on stock prices and volumes.

A stock is considered to be in Darvas Box, when the prices rises from the previous high, and settle back to a price not far from previous high. *If you want to look into an example then check on BNB pattern, who rises and then falls back a little before rising back.*

A Darvas Box can be created by drawing a simple line along the highs and lows of stock. Darvas Box theory suggests only to trade on rising Box stocks pattern. Using the highs of the boxes that are breached to update the stop loss.


![2017-0523-darvis-box-theory.png](https://files.peakd.com/file/peakd-hive/steemflow/23r1qMZev6s2EKdmHJyBmJgUy8hZyWtGNuQdBQqancyX2QL3dqK8iaRQEFC3AMjVbwtLf.png)

*[src](https://followthemoney.com/an-introduction-to-the-darvas-box-theory/)*


It is always been told that to achieve success, we must act something "outside -our- box". And Nicolas Is just an example of it. Not only he carried his profession of ball dancer but also made a good fortune by developing the famous Investment model. Quite an interesting way to be a millionaire.


## Peace 

### Namaste @steemflow 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@steemflow/anatomy-of-success-a-dancer-investment-strategy-darvas-box)
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@poshtoken ·
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@rmsbodybuilding ·
Do you invest for better world for all human to llve in trade-free world?
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