Nicolas Darvas says:
“I found that, for myself, proximity to Wall Street was fatal. I was too easily swayed by the minor fluctuations of the market, the talk about impending mergers, acquisitions, splits; I could never stick to any sort of system while under such influences. Rather, it was during my absences from New York, and especially during the two years of a tour that took me around the world, when I found myself operating most profitably."
Our own experience is a ratification of Mr. Darvas’ experience. We focus on the medium term price movements of the markets and ignore day today noise from the media. We place trades once a month or once a quarter. Indeed it works profitably for us.
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