Gyroscopic Investing

How I Made $2, 000, 000 in the Stock Market by Nicolas Darvas

Amazon.com description:
http://www.amazon.com/How-Made-000-Stoc ... 1614271690

Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the Soviets took over, he fled at the age of 23 with a forged exit visa and fifty pounds sterling to stave off hunger in Istanbul, Turkey. During his off hours as a dancer, he read some 200 books on the market and the great speculators, spending as much as eight hours a day studying. Darvas invested his money into a couple of stocks that had been hitting their 52-week high. He was utterly surprised that the stocks continued to rise and subsequently sold them to make a large profit. His main source of stock selection was Barron's Magazine. At the age of 39, after accumulating his fortune, Darvas documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique "Box System", which he used to buy and sell stocks. Darvas' book remains a classic stock market text to this day.

Download here: http://vantagepointtrading.com/wp-conte ... Market.pdf

from a review:

"4. His system makes sense from a technical standpoint, but is actually harder to do than you might think.
I like his system because it's technically sound. For example, it emphasizes taking small losses and being patient for large gains (among many other things).

Don't be fooled, however . . . it's trickier to follow that you think. Not because his system doesn't work, but because it requires a lot more discipline that you might imagine."

This old classic  book might only give you a starting point. Then you can find with a quick search on Google that many of today's successful traders can trace their methods back to Darvas.

Then your journey really starts.

This is a great book, I read it years ago.  Keep in mind Darvas was stock picking during a long-term stock market boom, so just about any system works well in that environment. 

I really enjoyed Reminiscences of a Stock Operator.

I will check this one out.