How I Made $2,000,000 in the Stock Market

by Nicolas Darvas

I would just jog along with an upward trend, trailing my stop-loss insurance behind me.

that there are no such animals as good or bad stocks. There are only rising and falling stocks—and I should hold the rising ones and sell those that fall.

I was no longer proud if the stock went up, nor did I feel wounded if it fell.

I tried to detect those stocks that resisted the decline. I reasoned that if they could swim against the stream, they were the ones that would advance most rapidly when the current changed.