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trendfollowing's Commentaries

Mar 9 2010

Nicholas Darvas: Trend Trader

by trendfollowing
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From a Time Magazine article in 1959: Darvas places his buy orders for levels that he considers breakout points on the upside. At the same time, he places a stop-loss sell order just below his buy order, so that if the stock does not move straight up after he buys, he will be sold out and [...]


Tags: trend-following
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