NICOLAS DARVAS made MILLIONS from BOX TRADING Strategy

[@JackCorsellis]

A big change Darvas made to his strategy was not buying the first breakout above the 'Darvas Box' but instead the 2nd breakout to avoid 'fakeouts' more often. Very significant change which is discussed in the video. The Nicolas Darvas booked mentioned is 'You Can Still Make It In The Market'.

[@VatsPK]

Kudos to you for bringing the learning of such esteemed winners in a lucid and pleasing way. Have recently read the books of these legends and your videos helped in recapitulation and cementing the learning. Your annotated charts are informative and make it real easy to understand the underlying concepts. knowledge dissemination is simple yet highly effective and powerful. Thank you for sharing the knowledge.

[@JackCorsellis]

Appreciate you watching, thank you.

[@AbhishekAdhikari-h4m]

respect to your hardwork to bring it here..! Really appreciate it..!

[@JackCorsellis]

I appreciate that!

[@sp-ye7ht]

Awesome video Jack.. This video is covered in lot detail compared to the other darva' s video made 3 yrs back..👍

[@JackCorsellis]

Glad you liked it!

[@binli307]

please keep doing similar series, this is such a great help！

[@JackCorsellis]

Thanks for watching

[@shaneconway1993]

Another great video Jack. I love Nicholas Darvas' strategy and approach but I love his back story even more. He was an inspiring trader!

[@JackCorsellis]

Couldn't agree more! Thanks for watching.

[@suman_trader]

Thanks Jacks. Great effort and quality content delivered

[@JackCorsellis]

Much appreciated! Thank you very much for watching.

[@meif3888]

Really love your channel. So detail ❤❤ Thanks alot.

[@JackCorsellis]

Thank you for watching!

[@RV_19]

Wow, this video is fantastic! You did an excellent job of breaking down the complex topic into simple and easy-to-understand concepts. The visuals were engaging and informative, and the pacing of the video was perfect. Thank you for providing such a high-quality educational resource. I look forward to watching more videos like this. 🙏

[@JackCorsellis]

Glad you found it helpful! Thanks for taking the time to watch it and for the lovely feedback.

[@swingtrader9239]

Thanks Jack. Really like the work of Darvas and you have explained it well. Appreciate the video 👍

[@JackCorsellis]

No problem! Thanks for watching!

[@sergiocendra5728]

I like the way you teach and help to assimilate more quickly the systems used by Mark Minervini, Darvas, O'neill, etc... For me it is a plus to be able to visually understand their systems (I have read their books 16 times already). The way you have of teaching and with the small visible details of quality you bring a lot of value to the society.

[@JackCorsellis]

Thanks very much for your feedback. Very much appreciated! Thanks for watching and glad that my videos are helping.

[@vesamikkola3824]

Very good stuff, thank you 😊

[@JackCorsellis]

Glad you enjoyed it!

[@martinegnell3028]

Your videos are the best Jack!

[@JackCorsellis]

Glad you like them! Thanks very much for watching!

[@yoginacharya2150]

Awesome video Jack👏🙏

[@JackCorsellis]

Thank you 🙌 Glad you enjoyed the video.

[@ZedsDead-q8e]

still had questions after reading his first book, but now it’s very clear 👍

[@JackCorsellis]

Glad to hear that it helped provide clarity. Thanks for watching

[@sp-ye7ht]

The darvas box strategy & the improvisation in the 2 nd book..i think the 1st is better.. although many SLs due to fakeouts but we miss lot of trades in 2nd version.. that shouldn't be a problem as long as we stick to our SL rules..but setup & strategy aside..i will be very grateful to Darvas for his thinking, mindset, approach to trading as a whole & the advices which he has given all through both the books which are no less than pure gold..👏👏👌

[@JackCorsellis]

I like what you said about his thinking, mindset, and approach... I think that's the best part of the books.

[@tyylit]

great indepth stuff on the great names

[@JackCorsellis]

Thank you for watching

[@virajsogani9824]

Jack as it can be seen that the darvax box strategy is awesome as well as informative. As seen in the few examples which are taken, darvas wouldn't buy the 1st breakout which in turn would lead to missing out on good ralls. So wanted to ask, can we apply all the rules as mentioned by him and tweak this particular thing by buying the 1st breakout with a stop loss. What is your take on it. Would like to hear from you soon

[@JackCorsellis]

Thank you for the question. Have you watched several more recent videos on the channel? They might help give a deeper answer. I'm often not buying a 'base breakout' but buying somewhere within the base when a see 'tightness' and a favourable risk vs reward trade. Usually I'm looking for some form of Darvas Box, Flag, CwH, VCP etc and then for price to tighten on one or more key MAs such as the 10, 21, or 50. Keep a lookout for a video coming out this week... it'll have lots of information on entries!

[@rickwamps7445]

very well done, I am now a subscriber. Thank you

[@JackCorsellis]

Thanks for subscribing. Your support is much appreciated. 👍

[@tchen6605]

You know, Jack, interesting enough, I read the same thing about diversification from the book "You can be a stock market genius" by Joel Greenblatt, that the best level diversification is around 8-12 stocks, and anymore than that would provide little additional benefit to mitigate against market risk.

[@JackCorsellis]

Thank you for the detailed comment. Yes, I remember that book too. Another consideration is where is the 'cut off' for having too many stocks the trader can no longer make optimal decisions due to scattered attention.

[@noblesinghraina]

Thank you so much for Sharing

[@JackCorsellis]

You're welcome, thank you for watching.

[@TheWinghochui]

Thanks for your sharing!

[@JackCorsellis]

Thanks for watching and your support.

[@cagrikanik2403]

10:13 Dear Jack, do you have any observation from also other traders related with 1st breakouts? Do you have any comments how to avoid false breakouts? Or do you think 2nd breakouts can be more significant? How minervini or dan zanger or qullamaggie handles it? Any idea?

[@JackCorsellis]

Great question. Personally, I think it's more about how the base is developing from a supply and demand perspective. I look for VCP (volatility contraction pattern) behaviour 'under the pivot' and avoid where possible 'V-shaped' breakouts. False breakouts and getting stopped out part of the game, why risk management is of #1 importance.

[@rafaelosorio2251]

Wonderful! Thanks

[@JackCorsellis]

Thank you for watching. Glad you liked the video.

[@zPS_00]

What is the indicator for relative strength you have used while demonstration, could you pls share along with its parameters.

[@JackCorsellis]

Search my name in TradingView indicators. Importance covered in many recent videos.

[@zPS_00]

@@JackCorsellis thanks man! Awesome videos series

[@alnaik1974]

Pls do a video on pyramiding

[@JackCorsellis]

You might find recent videos helpful

[@goncaloveiga]

Great video.

[@JackCorsellis]

Glad you enjoyed it. Thanks for watching.

[@JackCorsellis]

✅ 7 DAY FREE TRIAL www.jackcorsellis.com/ ✅ MARKETSMITH DISCOUNTED TRIAL get.investors.com/marketsmith/?src=A00614&refcode=JC_Links_YT

[@futurestrader8798]

Darvas was slick

[@JackCorsellis]

What a guy!

[@Xcooltips]

Inspiring❤

[@JackCorsellis]

Darvas is certainly inspiring. Thank you for watching and for your comment.