Using The Darvas System

Discussion in 'Journals' started by toby, Jun 15, 2005.

  1. toby


    DO - Breakout buy signal given. Buy @ 54.99
    WFR - Breakout buy signal given. Buy @ 16.71
    #21     Jun 24, 2005
  2. do you ever go short using your
    variation of the Darvas method?

    #22     Jun 24, 2005
  3. toby


    HUM, LDG, MW and MXT are stopped out during the broad market selloff today.

    Please follow this link to view the current status of Current Darvas Holdings.
    #23     Jun 24, 2005
  4. toby


    As I mentioned in one of my previous posts, a reverse box theory would work because stocks tend to stack boxes downward. That is a good play for shorting stocks.

    However I haven't try it using my real money....:D
    #24     Jun 26, 2005
  5. So, what returns (+-%) are you getting so far with this method?
    #25     Jun 26, 2005
  6. toby


    I timidly invested $10,000 into the stock market and now am up to $12,000+ in my first 6 month of learning and trading by using this method.

    However I feel secure and in control for the first time with my investments (I have had 4 losing years in a row before I trade with the Darvas System). Maybe I am just lucky in this round.
    #26     Jun 27, 2005
  7. toby


    Jun 27, 2005

    Sold JOE for a loss of 3.4%
    #27     Jun 27, 2005
  8. Darvas system is great!

    But I think you cant afford a single loss of 10% or more.

    Maybe if you look for narrow boxes... you could set up tighter stop losses.
    #28     Jun 28, 2005
  9. what is your hit rate with this method ? winners/losers and winners + breakeven /losers ? anything above 60%?
    #29     Jun 28, 2005
  10. toby


    Great idea!

    By adding this condition as filter, the scan's result can be greatly reduce....thanks for your suggestion!! :cool:
    #30     Jun 28, 2005