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#Darvas #Box is a simple and interesting strategy used by the trader. It is a momentum strategy with no technical indicators.

This learning thread would be on "Darvas Box Strategy"

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@AmitabhJha3

1/11

Darvas Box is named after Nicolas Darvas, who was a dancer and self-taught investor.

He discovered "Box Theory" after gaining experience from the market and he believed that the shares which move up and down the chart move in a specific box pattern.

2/11

There are some condition to use Darvas Box and we will discuss only buy strategy:

1. Stock should be trading near all time high levels
2. Fundamentals of the company should be good
3. Volumes play a crucial role

Prefer to use it daily time frame and above.

3/11

When the price is near all time high levels, if price consolidates then there is a range or box formed having a upside ceiling and downside floor. Price consolidates in this range before breakout.

Volumes during breakout is very important and it should be high.

4/11

Let's see some example now.

Dmart was trading in a range of 1955-2438 for six months.
After breaking this range upside, DMart price rallied from 2500 to 3200+ (Rally of 28% in 3 months).

During breakout volumes should rise and it should spike up.

5/11

If you are spending Rs 40-50k on research related to Trading/investing.

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A thread 🧵

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This is a good platform especially for futures and options traders. They can analyze payoff of their position, probability of winning, max profit and max

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Summarizing the #Tax you have to pay while #Trading and #Investing in Stock Market.

Sharing it as ITR Filing for last Financial Year has started.

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I’ve went from knowing nothing about Trading to currently mentoring 400+ people!

30,000+ hours of experience summed up in 30 lessons.

A thread🧵

1/
The amount of time you spend in the market trading/investing will always give you more insights than reading 100s of books

2/
If you treat markets as a sole income generator, your chances of underperformance due to compulsion of income generation will always be higher !

3/
4-5% a month is always better than chasing unlimited downside risk strategies that promise you 40-50%

4/
Your chances of making money in a stock sitting near 52wk high will always be more than a stock sitting at 52wk low