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Strategies & Market Trends : The Darvas Box Thread - Using the Nicholas Darvas system -- Ignore unavailable to you. Want to Upgrade?


To: Bob V who wrote (481)6/30/2005 12:43:21 AM
From: darvasboxes  Read Replies (1) | Respond to of 498
 
Hi Bob,

About setting the bottom; here is the defination from the book - The low that did not penetrate over 3 consecutive days.

About setting the stop loss; I've made a small modification - A stop is NOT placed a fraction below the buying price but 1% below the bottom of a new box.

Hope we can learn together....