Book Title: How I Made $2,000,000 in the Stock Market

Author: Nicolas Darvas

Date of Publication: 1986

This stock trading book was touted as one of Wall Street Classic, and I believed it has lived up to its name.
Mr Nicolas Darvas was a famous dancer when he stumbled upon the fascinating world of stock market back in mid 1955.
Just like most amateur stock traders who started trading, Mr Nicolas Darvas would buy up any stocks based on tips, rumors, broker's tips and advisory newsletters, which would inevitably led to failure.
Then Mr Nicolas Darvas decided not to "gamble" his money away this way and developed a more fundamentalist approach in stock trading.
That, however, led to his first crisis of a $9,000 loss.
But that loss led to his discovery of a technical approach in stock trading which let him recovered his losses.
He later refined it to a more techno-fundamentalist approach which eventually earned him an amazing $2,000,000 from the stock market.
Mr Nicolas Darvas discovered a way to trade shares based on a technique he called the "Box Theory".
He would pick the stocks he wanted to trade by carefully studying their price & volume action and would enter a trade when the price breakout from the top of the "box" .
He would then let a winning stock run and adjust the "box" of this stock accordingly so that the "stop loss" would lock in his profits if the trend of the stock reverses.
Mr Nicolas Darvas reiterated the importance of setting stop loss in every trades no matter how confident a trader feels.
In fact, setting a stop loss in every trade has helped preserved his capital during the bear market.
Mr Nicolas Darvas gave ample examples of his real trades in the book to demonstrate his "box theory" trading technique and his trading discipline.
Conclusion: In short, a good book with a unique technique in stock trading with sound trading principles, you'll like it.