Nicolas Darvas Trading Strategies – How I Made $2,000,000 In The Stock Market

How I made $2,000,000 In The Stock Market by Nicolas Darvas was one of the first trading books I ever bought back in April 1999. It’s a classic, especially the Box Thory, and it’s about Darvas’ trading and investing back in the 1950s and 60s. What is Nicolas Darvas Box Theory? But don’t let the…

George Soros Trading Strategies: Backtest, Setup, and Performance Analysis

George Soros’ approach to trading is as a short-term speculator, making highly leveraged bets on the direction of the financial markets based on market and macroeconomic analysis. In other words, Soros bets on the long or short direction of any market by studying the market movements, what other market participants are doing, and the actions…

Marty Schwartz – Pitbull: Review, Summary, And Key Takeaways

I was recommended by my partner Hakan to read Pit Bull by Marty Schwartz when we were on a two-month proprietary trading course in Phoenix, Arizona, back in 2003. Pit Bull is entertaining, a relatively quick read, and perfect for a holiday or evening read. It is foremost a personal autobiography about what makes Schwartz…

Atul Gawande’s “The Checklist Manifesto” Review, Summary, Quotes

In 2009 Atul Gawande, a professor of surgery, published a book called The Checklist Manifesto – How To Get Things Right. The book is a good read and is relevant for most professions, not to mention what we do in our private lives. Why? Because in a complicated world, it’s easy to make mistakes by…

50 Trading Quotes from Top Traders for Your Best Guidance

In life, one of the best ways to master any skill or succeed in a profession is to learn from those who have already succeeded in that profession. This also applies in trading. To become a successful trader, you need to learn from the experiences of those who have mastered the game. Interestingly, those legendary…

Annie Duke – Thinking In Bets: Summary and Key Takeaways

In the stock market, and especially in trading, it’s easy to fool yourself. The famous scientist Richard Feynman once said that the first principle is that you must not fool yourself and you are the easiest person to fool. Trading involves decision-making all day long, and decision-making ends with a good or bad outcome. Unfortunately,…