Taking $25,000 to 2 million in 18 months

IShopAtPublix · May 9, 2009

Quote from Port1385:

If I gave you $25000 and told you to take it to 2 million in 18 months, could you do it?

Now lets say I gave you a few handicaps. You could not look at live quotes or any television news service. You could only go by written financial news.

You would have access to no computers. No charting software. I would give you some graph paper and a pencil if you like.

All of your research had to be done during non-business hours meaning that your time would be limited to a few hours each night for research.

You would trade only by telephone basically calling a broker. You would have to pay at least 50 bucks for each trade through the broker.

You could only call the broker once per day and at the time that I dictated at random. Sometimes there might not be access to the broker for a few days at a time.

Now lets give one extra handicap. I will place you back in the time period from 1957-1959 when you would have to deal with whatever technology and information they had back then.

Could you still do it?

It has been done. Nicolas Darvas took 25000 to 2 million in the course of 18 months under these conditions.

I found a few articles about Nicolas and this should be an interesting read for all...

http://www.time.com/time/printout/0,8816,865930,00.html

http://en.wikipedia.org/wiki/Nicolas_Darvas
More...

Without charts I would not be able to turn $100 into $200 much less any significant sum whatsoever. Charts are my life.

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Taking $25,000 to 2 million in 18 months

IShopAtPublix