NICOLAS DARVAS Box Trading Strategy - Darvas Box Method - How I Made 2 Million In The Stock Market

[@FinancialWisdom]

My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U Join/Follow my trades - www.financialwisdomtv.com/service My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/service My Strategy Blueprint - www.financialwisdomtv.com/service Stockopedia 25% Discount - bit.ly/2YIcAIn Trading Simulator - www.financialwisdomtv.com/shop

[@Jsmith-xi8ft]

One variation of this box strategy that has consistently worked for me over the years is to NOT buy the new 52 week breakout but rather, wait for the first pullback after the new high to a support area. Nearly every significant breakout inevitably succumbs to profit taking of some sort within some time period. Once the stock proves the support area by having more buyers than sellers, price going back up, enter the stock. This way, you put your stop loss directly underneath that support area which reduces your risk (since you did not enter at the new high). That new high just above is resistance, consider this area as a potential sell point if in a swing trade, or trailing your stop upwards just underneath the break out price in you are trading in a longer time period (position trading).

[@kedarbikkannavar5907]

That's great ! Can you please tell me based on what criteria do you set your trailing stoploss?

[@Jsmith-xi8ft]

Hi Kedar. My stop loss is set according to my position size against my risk reward ratio. So, for example if my risk reward ratio is 1% risk : 1.5% reward (investment is $10,000 so 1% = $100 is the risk and 1.5% = $150 reward) I trail my stop behind the price as the position goes up at 1% or less. Also, I take into account the nearest support price beneath the current price and assess the risk from there. I am very discretionary in my system and prefer to use my judgement rather than rules.@@kedarbikkannavar5907

[@MyMy-tv7fd]

adding the pullback wait makes excellent sense

[@mulemule]

A successful variation I've used is waiting after a surprisingly strong earnings announcement b4 scaling into a position using small lots as the price (often) pulls back. Market Makers--in concert with large institutions--will artificially walk a hot stock's price down to accumulate more at a cheaper price. (Before walking it artificially back up to sucker--and sell to--retail buyers at higher levels.) *Always remember: stocks don't simply "move." Rather, stocks ARE moved!*

[@ryan3.082]

Love the Pullback entry

[@willsx6007]

I read this book about 40 years ago and then bought my own copy about 15 years ago. I must have read it at least 10 times and have always managed to extract something new upon each reading. However, you have managed to capture the essence of this great book in just 12 minutes!! My heartiest thanks!! I've similarly enjoyed your summaries of other great investment and trading books. Keep up the good work!!

[@FinancialWisdom]

Wonderful! Thanks Wills🙏

[@Trancer006]

So are you a successful trader at least?

[@osmanosman401]

​@@Trancer006 he's commenting on KZbin video about teaching a method to trade after 40 years I mean if you don't have your own style by then I'd say he's not successful for sure

[@Trancer006]

@@osmanosman401 not sure who you're attacking buddy

[@FemaleTraderRamya]

I am a trader and dancer myself. I have been using a similar strategy like consolidation breakout for past few years. Glad to hear that such a legend used a similar strategy..

[@SacredCASHcow]

can I ask you what your return % is, winrate and average risk to reward is?

[@marinrodriguez7729]

The real kicker of this method is that Darvas implemented it while he was traveling the world as a professional dancer. He used newspapers/magazines and telegrams to his broker for his orders working from a watchlist. If anything screams patience and longer term its this method since he had lagging data and no hourly, minute or smaller timeframe info. Amazing illustration of following ones rules.

[@momentumstocks3493]

Trading can only take 5 minutes a day.

[@ashotofmercury]

@@momentumstocks3493 That does't mean it should. 🤷🏻‍♀

[@MARKCRASTO]

Bullsh*t​@@momentumstocks3493

[@AntonioSantos-mh5nu]

The Darvas Box method is briliant. And a great tribute to Jesse Livermore who inspired Darvas. Excellent presentation of the Darvas Method.

[@FinancialWisdom]

Many thanks!

[@momentumstocks3493]

Not important at all. It was simply trend following on great stocks in a bull market.

[@sillymesilly]

@@momentumstocks3493 then why 95% of stock traders lose money?

[@lynnkoeffler8326]

A key aspect of a successful trading is an effective trading strategy

[@martinsriggs2441]

It's best for traders to look for trades that have an edge over the market

[@bernddamian9519]

I have heard much about this Mr Kent and he's amazing strategy. I will be grateful if you can give me a reachable way I can easily talk to him

[@fosterwhales1027]

Wow, who else observed his trading strategies last week was boom. I'm so happy I traded last week

[@ladgrove]

A = THE

[@bossywossy111]

SCAMMMMMMMM :)

[@stockwhisperer]

Finding this a year later and sure enough, there were a couple of box breakouts on GENUS, as predicted. Thanks for the video!

[@artemchuprin1771]

One of the first books I read about investing. Amazing that it can even shift your mindset, and show you what is possible! That alone is worth the time to read the book!

[@FinancialWisdom]

Thanks Artem🙏

[@smarthelp1641]

Sideways Consolidation have high odds if they break out of the range. The momentum kicks in. Both sides long or short.

[@FinancialWisdom]

I agree

[@theinvestmentdoctor8178]

This was EXTREMELY useful video. I’m always scared of buying at the 52-week high. I’ll add this strategy to my arsenal 😃

[@FinancialWisdom]

Thanks The Investment Doctor - Nice channel!

[@FinancialWisdom]

@@theinvestmentdoctor8178 great..

[@shaiketchowdhury9455]

It can be very profitable cause there are no resistance above.

[@dontblame2224]

@@shaiketchowdhury9455 bingo

[@sankhadas5657]

Hope you have made lots of money till the date .

[@FinancialWisdom]

My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/forum My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing Edgewonk Trade Analysis Software - bit.ly/3xS6S7s Stock Screener & Backtesting - bit.ly/3oO1exN (20% Off Code = FWSDM) Stockopedia - bit.ly/2YIcAIn (25% Discount)

[@mahiyao]

Excellent explanation... Keep it up Thank you

[@FinancialWisdom]

@@mahiyao Thanks Bukkcheria

[@PaulSmith-rp2mw]

Could you do a video on what time frames do successful intraday traders use for execution? Is the 1min too noisy

[@meif3888]

Hai. Iam from indonesia. Iam quite success doing this method. Eventhough iam not really understand how to apply the boxes But now iam understand..thanks for sharing. Love ur vidoes. 🏆🏅❤

[@FinancialWisdom]

Keep it up🙏👍

[@britneythao]

I read Darvas’s book a couple years ago and it was very interesting. It’s more like a story of his journey to success than a teaching book. The “box” that he referred in his book was what we call “base area” or the “handle” of “cup and handle” if you are technical. What fascinated me was that he was able to come up with a successful method on his own after numerous fails.

[@kevinrawle3383]

This is the information I have been looking for a very long time, thank you for putting it on the web. I plan on using this information to be a successful stock trader in the future.

[@FinancialWisdom]

Your welcome.. Good luck!

[@smarthelp1641]

Look for Steven Dux Trading techniques. Perfect strategies. He adapted the box strategy on Daytrading with some other important Criteria

[@thomfx3240]

@@smarthelp1641 Have you got a link, I tried to find that video and couldn't find it.

[@MoneyPlusPlus]

👑🥇👍 In our experience, the Darvas technique is one of the best for novice traders to apply. It has among the highest hit rates in the industry, and it is still works wonderfully in today's financial markets as well! Well done for creating such an informative video to educate the retail investor community! 📯📈💰

[@Trancer006]

what's the winrate of this strategy?

[@mrmo4059]

currently testing this Darvas box strategy on a 1 hr chart for entries but using a 4 hour trend confirmation and it looks awesome.

[@FinancialWisdom]

Great, feel free to share...👍

[@momentumstocks3493]

Stock is more important

[@jivepatrol6833]

I have all of Darvas' books and they are excellent! In a strong bull market his methodology works really well and I have screens I have written to filter out Darvas stock candidates. It is best to start with a "pilot" buy as he recommends and then average up. It works well!

[@ashotofmercury]

@jivepatrol6833 Can I ask what your filters are?.... 🙏🏻🙂

[@jivepatrol6833]

@@ashotofmercury - Sure here you go. (1) All time high on price (2) Price as a % of 52 week high > 97% (3) Price > 2x(52 week low), (4) Price > $30 per share (5) Floating supply of shares outstanding < 20 million (6) Max High = Max High (3 days ago or more - sets top of box) (7) Volume rise of 2x the normal 200 day moving average of volume on advancing days. I hope these help and feel free to adjust accordingly. The floating supply of shares can vary for example if we have a stock like NVDA. I would recommend buying when the stock breaks through the top of the box on 100 shares for example and let the stock advance and set up into new highs (and boxes). Darvas averaged up when he was right and cut his losses quickly on a pilot buy of a few shares when wrong. He said one could always buy the stock back at higher prices when/if it started advancing. This method works best in a strong overall bull market where many stocks are advancing and setting all time highs. The market today is over valued and there are just a few megacap stocks setting all time highs. Be careful! Kind regards

[@jivepatrol6833]

@@ashotofmercury - yes (1) Price > 2x(52 week low) (2) Price - all time high (3) Price as a % of 52 week high > 97% (4) Floating supply of stock < 20 M shares (5) Volume on advancing days > 2x(200 day moving average of volume) (6) Recent high not breached for at least 3 days - new breakout point. Another thing Mr. Darvas did was to average up after making a pilot buy. This is VERY wise because if his small pilot buy didn't show a profit he would cut his losses and move on quickly. I have found that when a stock advances quickly it is better to keep piling on at higher and higher prices. I NEVER ever average down and I don't plunge buying several thousand shares of a stock initially. That's a good way to lose a great deal of money quickly. Kind regards

[@frnic0las]

I read this book a while ago. I think it's the best book on trading I have ever read in my entire life! However, if I remember correctly, Darvas did not rely only on chartism when he picked a stock. He also did some fondamental researches about the company which makes his approach powerful but not that easy to the average trader (like me). Also, at that time, screeners did not exist... Was he following all the stocks in the US market? Was he first checking the sector that was performing during a specific period (year, month, quarter?)... It's definitely a great book, however, I have the feeling we're not being told everything and just relying on the boxes is not enough. Tons of stocks break a range with volumes and most do not end well... I am probably wrong and I would love that, because I like this approach. And I should probably read (or perhaps study it more in depth) again the book, maybe I just forgot :). PS: Covid-19 broke the trend on GENUS... Great video!

[@FinancialWisdom]

Hi Nicolas, thanks for your detailed comment - You could well be right in terms of the disclosure of his entire thought process i.e the fundamental aspects - In my honest opinion I cant believe he covered all the US stocks, without, as you suggest, access to a screener this would be an impossible task. Perhaps luck was in his favour for some of the selections he took, who knows. What I would say however is that the theory presented to us is very sound and is very closely aligned to the process I use - A breakout with volume and an objective stop for good risk management. In essence this promotes that platform for good risk reward trades and over time with the law of large numbers its likely the strategy would be profitable, the addition of fundamentals which I combine have made this approach considerably profitable for me, with manageable drawdowns. Yes COVID will have put an end to most 'mechanical' based systems but this only reinforces the need for proper risk management. Thanks for your contribution and good luck!

[@ceejaydeesoozaa]

most breakouts turn out to be bullshit ~ russell sands

[@mnbvcxzz5]

electronic trading and higher volatility would most likely change his methods if he were trading today

[@momentumstocks3493]

Yeah...he simply trend followed GREAT stocks in a bull market. No system needed.

[@tradingwithLenny]

@@ceejaydeesoozaa The big secret about breakouts are that most of them fail - Lenny 😅

[@loumarciano9473]

I have the book. Great . The 52w high is the key. Most miss that point.

[@FinancialWisdom]

Thanks Lou - Absolutely, trading at a 52 week high is against what many people believe, which is often the opposite i.e buy low and sell high.

[@marlonricksomodio7957]

Thanks

[@nabilsn411]

what do you mean by 52w high?

[@raymondphilip6232]

Unfortunately,, that is not the key.. Trading with the trend is the key..

[@ou81218]

@@raymondphilip6232 couldn’t see the key...what is the key?

[@H4b0s]

Great video thanks for sharing! I want to add something! all strategies are really similar with different perspectives. Its all about consolidations and breakouts on volume! I bought a stock with different strategy and after reading Darvas book I realized that is was a breakout from a box! I think charts are simpler than we believe!

[@FinancialWisdom]

Very true!

[@GurdeepSingh-sk8he]

Thanks a lot

[@NoName-zb1gm]

I've been investing for 20 years and have never done well but over the past few months and years I've sort of gravitated to this method of buying stocks. It's an easier chart pattern to follow than other patterns.

[@cottondai]

Thank you for such a clear explanation of the content of the book. I like the part where u showed the risk factor determining gambler, novice trader and professional.

[@FinancialWisdom]

Glad it was helpful!👍

[@zidniapriya1089]

recently finished the book and amazed that this is in 50s

[@PrinceMGolds]

u made money now?

[@bbsingh7554]

@@PrinceMGolds Not yet 😂

[@UnknownTomorrow]

There was mention of the volume playing a significant importance in finding the first entry. I don't remember hearing that in the summary, though.

[@shaykespeeer7040]

One of the first stock market books I read. Recommend it to anyone who is thinking of getting into trading.

[@FinancialWisdom]

Good choice

[@oldPan]

Thanks for keeping it simple and straight to the point.

[@FinancialWisdom]

Thanks Santosh👍

[@hocklaikhor8353]

good explanation for entry into the market when in bull market. but, when to get out?

[@FinancialWisdom]

See my other videos :-)

[@UranusFM]

👍🥇👑 Nice exposition on a fantastic investment technique! Please keep up the good work! 📯

[@FinancialWisdom]

Thank you! Will do!🙏

[@pojiekolarious]

I find this strategy combine with mark minervini VCP turn out outstandingly. could you name trader that practice buy on dip swing strategy. Thanks

[@meeravalinawab9372]

Timeframe ?

[@GMack333]

That’s very similar to Wykoff.

[@arth_chart5280]

Oh now I understood how to trade 52 week high properly, I had heard so much about 52 week high but didn't know how to go about it, thanks 🙏🙏🙏

[@FinancialWisdom]

Good stuff!🙏

[@jegor30]

Excellent precis of Darvas strategies, thank you very much.

[@ellydavis2066]

So the top of the box always has to be the 52 week high? The price can't have gone lower and then form a box to break out of and use this strategy in?

[@Aviation6535]

Nice Sharing Tq Sir. Actually, Sir Richard D Wyckoff already tell us 100yrs ago about this box. In Wyckoff, the “box” refer on the Trading Range with fully schematics. Happy Trading everybody.

[@howardadams9638]

Another very clear presentation, many thanks. I really liked the way you extended the boxes once you had identified an initial pattern. This helped me to reinforce the relationships between 52 week highs, resistance lines, support lines and the break outs. I had not established that degree of clarity in my own thinking, to date. Regards Howard

[@FinancialWisdom]

Thanks for your feedback Howard - Much appreciated.

[@kedarbikkannavar5907]

He's the LEGEND ! GOAT.

[@FinancialWisdom]

Agreed

[@prosst6024]

I followed up on GENUS just out of curiosity, the 2 weeks after the nice rise it fell back down past what should've been a stop loss. But following those 2 weeks it made another 52 week high, formed a box and has been running ever since! Very interesting to say the least, great video by the way!

[@FinancialWisdom]

HI Thomas, Yes the stop loss was hit during the pandemic, using the same weekly breakout strategy we would have re-entered at 3972 on the 7th September. The key is not to base the feasibility on one trade, its a probabilistic game over hundreds of trades. The fact the trade limited risk is the primary objective. If for example the Carnival stock was chosen the stop loss would have been the right thing to do.

[@prosst6024]

@@FinancialWisdom I 100% agree with you, I drew up some boxes and would've entered on the breakout on the 7th of September with you. After reading the book I realised that it's not a hard strategy to wrap your head around, it limits risk and losses but allows for greater profits! Definitely going to be incorporating it in my investing.

[@abahhakeem9478]

in the Amazon stock example, i understand when to buy and cut loss. But how does he set the target price for each box? Thank you in advance for any reply to this.

[@FinancialWisdom]

Hi Abah, I'm not sure he uses a target, he just exits when the price breaks down out of the box, i believe...

[@schubertpeter79]

i have just discovered your videos. u make great content! keep up the good work! subscribed!

[@FinancialWisdom]

Thanks Peter! - Much appreciated..

[@pawanpreetsingh9630]

One of the marvellous implementation of the price action 🎉

[@FinancialWisdom]

Sure is

[@nasiruddinjewel1266]

Where is the tp level? Did he move the sl to breakeven as soon as the trade moves in favor?

[@whitesky18]

I loved that book. bought it twice.

[@PlaylistProductions]

This makes sense if you expect the price to double.. Also people switch instead of fighting through screens now like they did in 90's basketball which disrupts the offensive teams plays and gives a better chance of reducing everything to one on one.. Meaning things evolve and that breakout would be considered a possible misdirection today..

[@FinancialWisdom]

Possible, if other indicators are not aligned

[@hericium_erinaceus]

I like the video, have you ever considered grouping similar strategies from different traders into one video and comparing their important similarities and differences?

[@FinancialWisdom]

Good idea.

[@gabrobro_trades]

Thank you for this! I would fit in the "novice" category today. I could have walked away from a trade today with a $280 profit BUT sine I did not use a stop lossI am now looking at a -$300 loss. Lesson learned!

[@FinancialWisdom]

HI dont beat yourself up... we all go through the same cycle... the main thing is you learn from it👍

[@Amitkumar-gh7wc]

really enjoy your videos. keep uploading. great work , thanks

[@FinancialWisdom]

More to come!

[@prakashkumar-y2u4h]

Great video, kindly make more videos

[@vladac4694]

Another great video, thanks! Do you think this method can work for shorting, so make a box on a 52 week low, and trade exactly the opposite way as explained in the video/book (i.e. mirror trades but on the downside)?

[@mehrdadmithra9591]

Thank you for this simple and useful introduction. 🍻

[@FinancialWisdom]

Thanks for watching

[@ashokkumar-cm5le]

Excellent style to narrate

[@FinancialWisdom]

Thanks Ashok

[@alirezasharifan7841]

it was a fantastic abstract of the best trading book i have ever read.

[@FinancialWisdom]

Thanks!

[@howardadams9638]

Hi again Gareth, I have a question. Does the book explain how Darvas changes his stops? For example if on a box 1 he is stopped out, thus a small loss. Then enters a trade from a box 2, if he doesn.t get stopped out and his trade gains in value, how does he treat that trade as box 3 unfolds? Does he sell out to capture box 2 gains, then awaits box 3 to unfold? Is his box 2 stop left as it was and he resets it but based on box 3 share price? Can you offer further insights to this aspect of his approach please? Regards Howard

[@FinancialWisdom]

Hi Howard - From what I understand, and using your example, If he let the box 2 trade unfold he would raise his stop when the 3rd box unfolds, the stop would be raised/placed the same way as when he placed the stop in box 2 (just below the upper of the new box formation). Therefore assuming he had a 100 share position for each box,he would have two position of 100 shares (200) both sharing the new stop in box 3

[@FinancialWisdom]

Hope that makes sense LOL

[@howardadams9638]

HI Gareth, thanks that's interesting. This implies he is accepting a risk that box 3 in fact fails and price falls back down to his box 2 stop, thus eradicating his box 2 gains. Is that a fair interpretation do you think? @@FinancialWisdom

[@FinancialWisdom]

@@howardadams9638 hi, no, his box 2 stop loss would be raised into the new box 3 formation, therefore locking in box 2 profits...

[@howardadams9638]

@@FinancialWisdom Hi Gareth, of course because he is looking ahead from the initial 52 week high which triggers a signal that a box 3 is emerging and he is therefore already placing a box 3 buy order as well as re-setting the box 2 stop. I get it. Temporality is so important and something of a struggle when examining and trying to interpret models, I find.Thanks. Regards Howard

[@bsbs-optionstradingrealiti4847]

Excellent. How much stoploss to kept and how to set Profit

[@bilalali5035]

After watching many of your videos alhamdulillah am making very much progress combination of most strategies am developing a good one for my own trading style.

[@FinancialWisdom]

Great well done Bilal

[@ignatiusmcfly]

thats my favourite way to play the market. Darvas was a clever man

[@FinancialWisdom]

I agree

[@lilyflor70]

Not only 52 week highs, but a catalyst as well, ie new management, new product, new industry, ipo, etc... with volume

[@FinancialWisdom]

true

[@luccanovaes8604]

CANSLIM strategy?

[@edmandell3064]

This strategy would seem to be great to use with options trading ?. I think it would even be enhanced. Am I right?

[@FinancialWisdom]

Possible, i dont use options

[@stevemuzira9155]

Keep these coming!! Your summaries and explanations are brilliant!!

[@FinancialWisdom]

Glad you like them!

[@OrenLikes]

Please explain: Once the price breaks upwards from the box of the 52 weeks high - THAT IS the NEW 52 weeks high! How many highs should I "ignore" until I decide on the new 52 weeks high? In your example: broke ~ April 2016, you chose high ~ September 2016, what about the highs in between? Thank you!

[@mistletoe91]

Subscribed for explaining strategy

[@FinancialWisdom]

Great🙏

[@REALHOUSTONLIVING]

Thanks for the great video. Once the price breaks out of the box, is there a rule of thumb on when to sell? Or is that all personal preference?

[@FinancialWisdom]

I use the MACD and is part of my personal strategy

[@Balu359]

Superly explained Man...Thanks a Million...

[@FinancialWisdom]

You're most welcome

[@williamkz]

May thanks Gareth. Useful presentation. I liked the analogy with the roulette wheel.

[@FinancialWisdom]

Thanks for your feedback as always William.

[@Rhino11111111]

This is how I swing trade and it’s my most profitable way. Buy high sell higher. Beaten down stocks just continue down

[@FinancialWisdom]

absolutely👍

[@aminrahbar1773]

jus amazing, still millions of traders putting his box theory into practice and gaining never-before-seen profits

[@FinancialWisdom]

Absolutely

[@mirjandjali6928]

What i didnt understand is the "52 week high" terminology, cause that a year of price action and during this time price could make many supp/resistance

[@FinancialWisdom]

Sorry not sure I understand?

[@mirjandjali6928]

@@FinancialWisdom The question is at the measure of the 52 week high ,i cannot concept that kind of resistance ,but its ok maybe is too long explaining by writing,thank you anyway

[@vivekrockvlog]

This is a wonderful explanation video as well as an author strategy. Thank you so much for providing this valuable information to us. I'm from India

[@FinancialWisdom]

My pleasure

[@gautamn20]

Thank you for sharing! Really appreciate it!

[@jasonstazm]

How did you find the example stock

[@FinancialWisdom]

My stock screener 😉

[@robertstevens1537]

very well presented, you make it easy to understand and add a lot of value.

[@FinancialWisdom]

I appreciate that!

[@Gajendra2302]

Thanks 12 min simple to learn

[@FinancialWisdom]

You are welcome

[@nussruddingaming1515]

Very informative and in crisp. if SL is put a few % below the 52 wk high which is also the resistance for box. What the use of the support line (Retrenchment) also representing the lower of the box ?

[@FinancialWisdom]

Hi Ashique, not sure i understand the question... is there a time on the video as an example?

[@dksingh3248]

Thanks sir Please make new strategy, on volatile market

[@serafico23]

Hi, i have not understand The criteria for exit The position. Entry ok, buy The break of the box of 52 week high, but when go out?

[@obcane3072]

10:52 doesn't the stop loss possibly get triggered with the wick down? Is the stop loss placed manually or automatically?

[@mulemule]

New to the channel but've read Darvas' "HIM$2M" (also recommend its follow-up, "Wall Street: The Other Las Vegas"). Your synopsis distilled and highlighted his key points which were, in turn, both elegantly presented and explained in a manner easier to follow than in the book. (Meanwhile, I'm waltzing over to the "Like" button and flamencoing the sh^t out of it.)

[@FinancialWisdom]

Thanks mule! 🙏🙏

[@user-vu5oe3mi1w]

Very well presented.Thanks

[@SouthFloridasRestaurantGuy]

Great explanation of the Darvas Box.

[@FinancialWisdom]

Glad it was helpful!

[@monti242421]

its simple consolidation and breakout but people fails in this because it simultaneously forming trendlines and breaks it but breakout is real if it breakout of consolidation or box in this case

[@SureshSingh-nc9vb]

Great set-up Sir

[@nishideeptewari]

Explained amazingly Superb Easy to understand even for novices

[@FinancialWisdom]

Thanks nishideep, much appreciated

[@hariow6267]

Makasih ilmunya.. sangat bermanfaat.. saya tahu bagaimana dan kenapa bisa berbalik arah harganya.. saya akan dalami ilmu ini..

[@Riffeeee]

Is there a need for volume at the breakout at a new 52w high?

[@tohmehpahpoedah]

Is this only bullish box? how do we spot bearish box? Thanks

[@denimulyoto8298]

Great strategy by Darvas and excellent explaining.. thx u so much.

[@FinancialWisdom]

My pleasure!🙏👍

[@adeyeleoluwajuwon8109]

Excellent video @financial wisdom...how did the genus stock do?

[@FinancialWisdom]

Thanks Adeyele, hit the stop loss due to pandemic, I recently re-entered at 3600 so fingers crossed.

[@adeyeleoluwajuwon8109]

@@FinancialWisdom okay.. Nice..you can do a follow-up video

[@cagrikanik2403]

Very good video FW! I believe there are more than from his strategy which is what he get face to face during become a millionare!

[@FinancialWisdom]

Yes it is a solid foundation👌

[@shubhamramchandani5423]

you made it understand the concept in very easy way thanks

[@FinancialWisdom]

You are welcome!🙏

[@thuv007]

Good work, well explained, excellent graphics.

[@FinancialWisdom]

Thanks👌

[@eddiem1155]

Thank you for this video, I'm new to trading and I don't want to be boxed in that Robinhood/webull type of young investors so I been reading books ..this is a stupid question but I'll ask anyways, I'm reading Livermore strategy along with the Darvas theory..when they refer to "Points" above or below support and resistance, do they mean "cents" or "dollars" above support or resistance to determine trend? Thank you

[@FinancialWisdom]

Hi Eddie, wise choice... I'm not sure exactly what you are referring to in regard to 'points', generally I would think they are referring to the price, if price is above or below resistance/support. If you have a particular time in a video perhaps I can be more accurate...

[@awakenedmind9943]

Wonderful video! Thank you!

[@FinancialWisdom]

Glad you liked it!

[@RudraKripa]

What a teaching 👌 Thanks🎉🎉🎉

[@FinancialWisdom]

So nice of you

[@Maximusomnium]

If I want to use it on M15 or H1 which high should I Take?

[@harshbansal780]

Thanks for great information... Just completed reading the book ....and now completely understands the flow box theory works..... Really appreciate it.....

[@FinancialWisdom]

Glad it was helpful!

[@harshbansal780]

Can you clarify how to find stocks which satisfy Darwas requirements....as Darwas used change in volume and some technical stuff.... Kindly give some useful advice.. Thanks

[@emdadshabake5435]

thanks . This was EXTREMELY useful video

[@FinancialWisdom]

Thanks 👍

[@tomwinstanley1915]

I think the problem with breakout trading is that the market makers know where buy and sell orders are clustered and can trigger those trades before pushing the price in the opposite direction. Because most retail traders do not have deep pockets the pain of a losing trade soon drives them to close their trades which are of course picked up by the market makers.

[@earngaming9120]

Does the Darvas method work while trading currency pairs?

[@FinancialWisdom]

Not sure sorry

[@freddurst4420]

He didn't "later" turn into a trader, he did both at the same time; dance and trade. He had the WSJ and Barrons publications sent to him while on the road.

[@lucksimi3320]

How do find the bottom of the box of the 52 week high?

[@gmrao202]

Thanks. Your review is good. I read this long back. However, your video renewed and increased my knowledge.

[@FinancialWisdom]

Awesome, thank you!👍