In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
1/n
The Darvas Box Trading Strategy
A Detailed Thread ๐ + 1 Book Give Away !
Rules For Giveaway :
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One Lucky Winner will be Selected
#StockMarket #darvasbox
In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
1/n
Read more About his life : https://t.co/58HCN9ddDG
2/n
@kuttrapali26
TREND FOLLOWING MOMENTUM TRADING
๐Darvas was tracking stocks only making new high
Trading stocks breaking 2-3 year high.
๐But 52-week high is mostly tracked for this theory
๐Emphasized very much on Huge volume Breakouts
A typical Darvas Box Chart :
3/n
Stock Price Should be within 15 to 20 % of Highs
Overall trend of the stocks should be up and greater than 200 ema
Preferably 100% up then the 52 week low
Look for Industry Leaders , with High Growth
4/n
๐Whenever the stocks breaks the 52 week Keep them on watchlist
๐Look that The next 3 candles should not break the 52 week high and fall below
๐The high point will be called as CEILING
๐Look for Volume Breakout too or Breakout should be Above Average volume
5/n
๐Floor is basically the a small reversal point or bottom the stock is trying to make.
๐Floor is generally the stoploss of the trade
๐The bigger the range the bigger the stoploss and higher the Risk
6/n
After 52 week High , mark the Top: Ceiling
After a small Reversal mark the Bottom : Floor
Enter As soon as the 52 week high breaks with stoploss
7/n
โ Enter When 52 Week High is Broken , and Keep Adding as and when the box formation takes place .
๐Keep Shifting the stoploss to next Box lows
8/n
Entry on failed Breakout but Stops Dont hit as Stoploss is below the Box
PIC 2 : You should only draw boxes when the next 3 candles of 52 week high dont break the high.
9/n
#kotakbank : Not valid Box , as stock is not breaking the 52 week high only the range breakout is happening
Also Restrict yourself to growth stocks that is midcaps and smallcaps
10/n
There isnt any fixed % of difference from ceiling to floor mentioned any where
There also isnt any time frame mentioned how much the sideways trend or box formatiom will take place
There could be any combinations of boxes and there sizes
11/n
1. Buy if price closes above Ceiling and put a stop-loss below Floor price.
2. Add Small Qtys as breakout happens and one can pyramid in winners and further breakouts
3. Ride the winner till you get Stopped
4. Reenter if stock regains 52 wk high
13/
4.Exit the trade when price goes below the floor price of the recent box.
@AmitabhJha3
14/n
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๐๐ต๐ฎ๐ฟ๐๐ถ๐ป๐ธ ๐ฆ๐ฐ๐ฟ๐ฒ๐ฒ๐ป๐ฒ๐ฟ is a Stock screening tool that is useful to screen stocks based on Technical & Fundamentals.
๐ธ It scans stocks by using technical indicators like RSI, MACD, divergences, etc.
๐ธ It also uses fundamental tools like Book Value, EPS,PE etc
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A thread of threads on 3 indicators
1. Moving Averages Ultimate Guide
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Retweet and Share
Moving Average
All about
Super Performance Using RELATIVE STRENGTH
1. Moving Averages Ultimate Guide
2. All About ADX
3. Super Performance Using RELATIVE STRENGTH
Retweet and Share
Moving Average
The Ultimate Guide to moving averages !
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A mega thread to understand the Use of 21 , 50 and 200 ema.
4 Effective uses of Exponential Moving Averages !
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Average Directional Index a Quick Guide
Retweet Share !@Techno_Charts
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#BroTip
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**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)
Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI
Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.
Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.
The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.
Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.
In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.
And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)
Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI
Tomorrow again same thing happens bcoz fudus like you are creating a narrative oh Khalistan. when farmers are asking MSP. (RSS ki tatti khane wale Kerni sena ke kutte).
— Ancient Economist (@_stock_tips) December 5, 2020
U kill sikhs in 1984 just politics. To BC low IQ fudu Saale entire history was politics.
Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.
Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.
The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.
Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.
In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.
And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
