About Author

Early Life & Background: Nicolas Darvas was born in 1920 in Hungary.Career as a Dancer: Before becoming a trader, he was a professional ballroom dancer.Trader & Self-Taught Investor: While touring as a dancer, Darvas developed a strong interest in the stock market. He studied primarily from Barrons magazine and traded from his hotel rooms using telegrams.Darvas Box Theory: He is best known for inventing the Darvas Box trading system a momentum-based method using price and volume to draw boxes and make trades when a stock breaks out.Major Achievement: He reportedly turned a modest investment into over $2 million during the late 1950s using his system. Author: Darvas documented his trading journey and strategy in his classic book How I Made $2,000,000 in the Stock Market. Other Works: He also wrote The Anatomy of Success, The Darvas System for Over-The-Counter Profits, and You Can Still Make It in the Market. Darvas is celebrated in trading circles for his disciplined, emotion-free approach. His box theory continues to influence modern technical traders. Later Life & Death: He passed away in 1977 in Paris, France.